Saturday, May 23, 2020
Bridging the Gender Wage Gap Knowing When and How to Ask For a Raise
Bridging the Gender Wage Gap Knowing When and How to Ask For a Raise Even though women, for the first time in our countrys history, represent over fifty percent of the workforce, and even though more women than men hold degrees in advanced education, there still remains a wage gap. According to an Institute for Womens Policy fact sheet, women earn 77 cents for every dollar men earn. Although experts have attempted to account for the wage gap in various ways, its been firmly established that part of the problem is women are much less likely to ask for raises than do men. Here are a few tips: Dont follow the assumption that youll simply get a raise without asking. Women especially tend to believe that if they work really hard, at least one higher-up will notice and reward them. Unfortunately, raises dont work that way. If you want a raise, youre going to have to ask for it. Timing is everything, so figure out when approaching your boss would be best. Finding the right moment to ask for a raise is critical. Do it when it would make most sense, like if you just took on an extra project and successfully completed it, or if youre up for your annual review. Be prepared to demonstrate why you deserve a raise. While asking for a raise is a critical first step in successfully netting one, you cant just ask for one without bringing your accomplishments to the negotiating table. Figure out how, precisely, youve helped your company and dont be shy in bragging a little. Research your worth. In addition to discussing your accomplishments, it also helps to do a little research to find out how much the average person makes in your position with your level of experience. Payscale.com is a great starting point. Dont make it all about you. According to research by Harvard Universitys Hannah Riley Bowles, who studies women and negotiation, women may need to take a different approach than men when asking for a raise in order not to be perceived in a negative light. Bowles suggests that women shouldnt ask for a raise directly. Instead, they should use language and persuasive techniques to demonstrate how raising your salary would be good for the company or good for relationships within the company. For more tips based on Bowles research, check out a New York Times article published earlier this year, A Womans Toolkit for Seeking a Raise.
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