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  • Many Americans feel underpaid

    Are you feeling underpaid at work? Join the club.

    Many people around the nation feel underpaidAccording to a recent survey from Glassdoor.com, an employment review site, 39 percent of employees feel they aren't being properly compensated for the work they are undertaking.
    The report indicated women are particularly likely to feel underpaid compared to men, which maybe shouldn't come as a big shock because the average female employee makes 77 cents for every dollar that a man earns, according to The New York Times.

    More than two out of five female employees - 42 percent - feel they aren't receiving compensation they deserve, while 33 percent of men gave the same sentiment.

    But it's not all about money for workers who are feeling undervalued.

    Many workers stated if a raise was unlikely to come to fruition, they would be open to receiving compensation from other methods. Six out of 10 workers reported that they would be happy to receive more paid vacation days. Around half of respondents stated they would be happy to see additional career opportunities and flexible working hours.

    Economy still struggling
    A big reason that many people currently feel underpaid is because the nation's economy continues to struggle from the depths of the Great Recession. Work options are limited in many cities, making it hard for people to earn what they deem proper. It also makes competition fierce, allowing companies to underpay their work forces while receiving countless resumes from prospective workers.

    However, Glassdoor is starting to break the trend by bringing transparency to the pay of particular jobs. The website allows users to review companies they have worked for and give the salary they made for a particular job.

    This is making it easier for potential employees to see what companies are paying properly and what positions tend to receive the most low-ball offers.

    "If employers think employees don't have a sense of how they are paid in relationship to their peers, then they are naive," Rusty Rueff, a career workplace expert at Glassdoor, told CBS MoneyWatch.

    Skilled workers, underemployment gaps

    When a person works full time at a job and is not using their hard skills properly, they are considered underemployed.

    Underemployment is a widespread problem throughout the country, but it's particularly notable in southwestern Connecticut, according to the Stamford Advocate. Southwestern Connecticut has a slew of high-skilled workers who are struggling to find jobs paying up to their skills or level of education, instead choosing to work part-time or for less money than they deserve.

    This epidemic is hitting the state hard and is forcing a change to the job market's structure.

    "In Connecticut, we still have not recovered the jobs following the financial tsunami," Fred Carstensen, director of the Connecticut Center for Economic Analysis, told the Stamford Adovcate.


    Carstensen claimed the underemployed tend to be tighter with their wallets "and that will flow through to the economy with less demand for restaurants and other discretionary spending."

    CEOs are making bank, their employees are not
    One of the biggest hot buttons that Glassdoor found in its study was that the average worker is peeved about their pay discrepancy compared to executives and CEOs.

    Employees aren't happy with the ever-growing disparity of wealth, and roughly 50 percent stated they believe the earning difference between top executives and the average worker will only get worse.

    Rueff said the feeling of being underpaid is made worse "seeing the fat cats getting more money."

    "It wasn't that long ago when you sat down and people talked about a pay increase of 6 to 7 percent," he said. "It's been a long time since people saw that type of increase."