career advice for my 22 year old self: negotiate!
TRANSCRIPT
Career Advice:If I could go back in time, I would tell my 22-year-old self …
Aubrey Bach, PayScaleMarketing and Editorial Manager
One Word of Advice
Negotiate!
Why Are Women Less Likely to Negotiate?
• Men are more likely to ask for raises overall.
• 31% of women who did not negotiate said they were uncomfortable talking about salary. 23% of men said the same.
• 40% of men said they had always been happy with their salary. 36% of women said the same.
Connect With the
Negotiate Early and Often
• Salary plateaus after age 40, often earlier for women.
Oh Snap.
"... a 25-year-old who negotiated a starting salary of $55,000 will earn $634,000 more than a non-negotiator who accepted an initial offer of $50,000.”
#TheStruggleIsReal
“Women worry that pushing for more money will damage their image. Research shows they're right to be concerned: Both male and female managers are less likely to want to work with women who negotiate during a job interview.”
- Ashley Milne-Tyte, Planet Money
Gender Wage Gap?• When controlled for
job type, experience, education, etc., the gender wage gap much smaller than BLS numbers.
• But the gap widens at the Director level and above, and can be wider in certain job types.
Gender Job Gap• The Gender
Wage Gap is a result of women not holding as many high-earning jobs as men.
• The lack of women in senior and leadership roles contributes greatly to pay inequity.
Worth It
75%
of people who told us they asked for raises reported receiving an increase in pay.
