The Best Advice for Women Seeking a Better Salary

Posted by Kruti Shah on March 13th, 2021

Fighting for gender equality is itself an indication of the presence of inequality. Women are no longer confined to home boundaries and they gradually are taking over the World by creating strong footholds in the economy. Yet, when it comes to monetary compensations, there exist for real a staggering pay difference, something which is absolutely unacceptable. 

Now, if you are looking for tips of asking better salary, we have got you covered. 

1. Ask for it

You cannot get a satisfactory offer if you don’t ask for one. It has been observed worldwide that proportion of female negotiating their salary is significantly low compared to their male counterparts. Name it to social stigma or the lack of confidence, a large cohort of women refrains from negotiation. No one would offer you more money unless you ask for it. Hence, be ready to leave money on the table if you are not willing to speak up.

2. Prepare for negotiation as you do for an interview

Salary negotiation is an art. You cannot ace it without solid concrete data at your disposal. As they say, the Internet has the answer to almost everything, it’s you who must know what to ask. Collect the salary data before entering for negotiation. Analyse those data and see how you can use it for your benefit. You can also get in touch with experts and colleagues who can guide you with salary negotiations. Concrete, quantifiable data is always better than vague information. It intrigues the other person a captures their attention. 

3. Manage your expectations

For a successful negotiation to take place it is essential for you to have clear, reasonable expectations. It is essential to understand your standing in a career and what you deserve. Negotiations are a failure if you step in with unrealistically high expectations. Simply put, the increment in monetary compensation should bring proportionate benefits to the company. Again, use the Internet and your network to help you manage your expectations. 

Glassdoor, salary.com and myriads of other platforms can help you get a clear idea of the salary you deserve. 

4. Listen and talk strategically

Don’t overrule the conversation by dominating it. Listen intently to what other person has to say. This gives you an opportunity to put forth points that are mutually beneficial. Besides, use human psychology while sitting in for negotiation. Take a large pause after making a statement and come across as confident. 

The entire point of a successful negotiation is to stick to a point. Don’t let other topics overrule the negotiation.

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