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GO INTO THE CONVERSATION DATA-READY
Use reliable resources such as Indeed and Glassdoor to find out the typical salary range for your position. You can use that data you obtained from websites to determine whether your compensation at your current company is fair and reasonable.
Relying on the data to fight for your case will allow your employer to see if what you are asking for is reasonable. It also highlights that you have done your research and helps you approach the situation with less anxiety.
2. PREPARE YOUR BOSS FOR THE CONVERSATION
You can prepare your boss to have this conversation by emailing them first beforehand.
By doing this, it can lessen the things you must remember during the meeting. Your manager will have time to think over the proposal or even have the chance to check in with HR to see if your request is possible.
3. PRETEND YOU’RE NOT ASKING FOR A RAISE
A Glassdoor survey found that approximately 85% of women feel like they deserve a pay raise. However, only 68% have ever tried to negotiate one. If you are still feeling nervous, you can try self-soothing methods such as breathing exercises or you can even try to consider advice you’d give to someone who is planning to do the same.
One professional believes that by thinking how someone else would approach this situation, helps them incredibly. Therefore, it will make you feel more confident in trying to ask for what you deserve.
4. DON’T SHARE YOUR SALARY EXPECTATIONS
Some hiring managers would ask what your expected salary would be. A professional believes that by stating what you’re expecting, there’s a likely chance that you would lowball your value.
Instead, you are encouraged to enter the conversation knowing what you should be making according to the data you hand in hand. Therefore, when you are asked, you can redirect the question to the market salary range for your position and let the hiring manager provide specific details.
5. CREATE A PLAN TO NEGOTIATE YOUR SALARY
It is crucial to understand that salary negotiation is not a one-time deal. If you receive a job offer but it doesn’t not align with your needs. It is recommended that you review your performance and goals and possibly negotiate your compensation. You can also check the market salary details every year right after you receive your offer letter.
6. IT IS NOT JUST ABOUT PAY
While salary is important, there are better benefits that you can also ask for. When negotiating your pay, you can also consider factors such as:
- Work-life balance
- Hybrid or remote work flexibility
- Allotted personal, sick and vacation time
- Retirement planning
- Health care benefits
- Bonus pay structure
- Tuition assistance for lifelong learning
7. NORMALISE THE CONVERSATION
Many feel that talking about pay and benefits can be uncomfortable but it’s important to practice. Not only this can help increase pay transparency but it might also help people who definitely need confidence to ask for a raise to get advice.
It is suggested to find male allies within the company that you can turn to for advice and support. Through those hard and uncomfortable conversations, you will uncover a pay gap and leverage the data to advocate for yourself.