Best articles on negotiating for a higher salary as a woman?
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Probably any gender neutral article about negotiating salary would do
Like34I’m a woman and have never negotiated salary. Oh this isn’t confessions.
Like8If there is one out there for men, send it my way
Like3In the future take these questions to the women in consulting bowl & you’ll get earnest answers
Like8Pretend that you are advocating for someone else’s compensation (preferably someone you value 😉)
Like8Negotiate like you’re a man.
Like8ChatGPT says When negotiating an increase in salary as a woman, it's important to be prepared, confident, and assertive. Here are three specific examples of arguments you can use and how to counter potential responses from management: Market Value Argument: Argument: "Based on my research, I have found that the current market value for professionals in my position and level of experience is higher than my current salary. I believe it is fair to request an increase to bring my compensation in line with industry standards." Counter Response from Management: "We understand your point, but we have budget constraints at the moment, and we cannot offer a higher salary." Counter: "Thank you for considering my request. While I understand the budget constraints, I would like to discuss potential alternatives such as performance-based bonuses or a review of my compensation in the near future. Additionally, I have consistently demonstrated exceptional performance and have taken on additional responsibilities, which I believe warrants a closer look at my salary." Accomplishments and Value Argument: Argument: "Over the past year, I have successfully completed several projects that have positively impacted the company's bottom line. I have consistently exceeded my goals and received positive feedback from clients and colleagues. I believe this track record of success justifies a salary increase." Counter Response from Management: "Your accomplishments are commendable, but a salary increase is not feasible at the moment." Counter: "Thank you for recognizing my achievements. I am grateful for the opportunities I have had to contribute to the company's success. Given my track record and the value I have brought to the organization, I would appreciate a formal review of my salary in the coming months when the budget allows. In the meantime, I would like to discuss potential non-monetary incentives or professional development opportunities that could further enhance my skills and contributions." Market Research and Competitive Offers Argument: Argument: "I have recently received a competitive job offer from another company. While I value my position here, the offer demonstrates that my skills and expertise are highly sought after in the market. I would prefer to stay with this company, but I believe a salary adjustment is necessary to ensure my continued commitment." Counter Response from Management: "We value your contributions, but we cannot match the offer at this time." Counter: "Thank you for acknowledging my contributions and considering the situation. While I understand the constraints, I wanted to explore the possibility of a counteroffer that would align my compensation more closely with the market value and demonstrate the company's commitment to retaining top talent. Is there any flexibility in terms of benefits, bonuses, or future salary adjustments that we can discuss?" Remember to approach the negotiation with a collaborative mindset and be open to alternative solutions that may address your financial goals and career growth, even if a salary increase is not immediately possible.
LikeI don’t think you need to consider gender in this, but something I noticed my female friends (I’m a female 🐠) don’t do enough outside of just market research are: - directly outline what tangible qualifications make you a great candidate for the role and be firm even if they say some others have these qualities - what other offers you have and how they can get you close or over the gap in the offer to sway your decision - push back a little if they don’t come back with an offer you’re satisfied with (this one you have to be careful and tact, pushing back twice is probably max imo but could be different for every situation) - work with the person making the offer to figure out where there’s room for stretch, maybe your base salary is already capped so is there room for signing? etc. Just speaking from experience, above worked for me the few times I have hopped.
Like1I would say start by reading the book Never split the difference. Let me know if you need more recommendations.
Like181 cents
Like1Recently had an employee come to me and my boss about wanting a raise. Her main points were 1. Her friend makes more money than her 2. Inflation 3. Has Family. These are not good reasons. Don’t say this.
Like1Have you tried just identifying as a man?
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