Guest Post and infographic by Gabrielle Gardiner
Especially during this time when people are being forced to apply for new jobs, it’s helpful to have a go-to guide on negotiating a higher salary.
This infographic gives specific guidance and phrases for negotiating and also gets you into the right mindset.
If you are looking for a new job, you need this information!
Negotiating a higher salary especially critical for women
With the gender pay gap is still affecting millions of women, salary negotiation is critical for female professionals at all stages in their careers.
In 2019, PayScale reported women still earned 79 cents for every dollar earned by men. It’s a new decade, and now is the time to take an active and assertive role in the salary negotiation process.
Whether you’re negotiating a raise or a better starting offer, it’s important to ask for what you deserve.
Unfortunately, women who are underpaid early on in their careers experience a cumulative negative effect on their earning potential.
However, if you start negotiating young, you’ll increase your earnings over the years by hundreds of thousands of dollars during your lifetime.
Everyone wins when you are paid fairly
Shift the focus from being about increasing your pay to improving the value you’re able to provide with a pay raise.
Everyone wins when you earn an equitable salary. You’re likely to be a more productive employee and happier individual overall.
Like anything else, salary negotiation takes time and practice to master. For some guidance on how to confidently approach your next salary negotiation, check out this infographic:
How to negotiate a higher salary
More on understanding compensation
In addition to negotiating your salary, make sure you fully understand every component of compensation.
To learn more about pay bands, bonus pay, long term incentives and the value of benefits, check out this article Deciphering corporate pay: Make more money.
About Gabrielle Gardiner
Gabrielle Gardiner is an NYC-based content creator who enjoys writing helpful articles about professional development for companies like LiveCareer. She’s passionate about sharing her insights to empower people during their job hunts and salary negotiation processes.
