It is no secret that women in the workforce earn less than their male counterparts. In fact, according to the most recent data from the U.S. Census Bureau, women earn an average of 80 cents for every dollar a man earns. This gender pay gap exists across all industries, and it is especially pronounced in certain professions.
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So, what can you do if you suspect you are being paid less than your male colleagues?
One option is to use salary data to negotiate a raise. Here‘s how:
Do your research
Before you can negotiate a raise, you need to know how much you should be earning. A good place to start is by researching salary data for your specific job title and location.
There are a number of online resources that can help you with this, including salary.com and payscale.com.
Know your worth
Once you have an idea of what your male counterparts are earning, it’s time to figure out your own worth. This includes taking into account your experience, education, skills, and other factors that contribute to your value as an employee.
Make your case
Once you have an idea of what you should be earning, it’s time to make your case to your boss. This is where your research comes in handy.
Be prepared to explain why you believe you deserve a raise, and back it up with data from your research.
Be prepared to compromise
Keep in mind that your boss may not be willing to give you the exact raise you’re asking for. Be prepared to compromise, and be willing to accept a smaller raise than you initially wanted.
Be prepared for rejection
It’s also possible that your boss may reject your request for a raise outright. If this happens, don’t take it personally.
Instead, use it as motivation to look for a new job where you will be valued and compensated fairly.
Negotiating a raise can be a daunting task, but it’s important to remember that you have nothing to lose by asking. So, do your research, know your worth, and make your case.
You may not get the exact raise you want, but you may be surprised at what you can achieve simply by asking.