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Your #Career : What to Do About a #PayGap at Your #Workplace ….It Happens All the Time. Someone Who Has Just Been #Hired, or Hasn’t Worked for a Company for Very Long, Makes More Money than Someone Who has Been There for Many Years & Proven Themselves to Be a Valuable Employee.

It happens all the time. Someone who has just been hired, or hasn’t worked for a company for very long, makes more money than someone who has been there for many years and proven themselves to be a valuable employee.

For instance, there are many instances where a male is going to earn more than a woman who has more training and experience. Have you found out that you are earning a lower salary than someone who is a more recent hire, or has less experience than you? If so, it may be time for you to look for ways to be able to do something about it.

Don’t Blame Co-Workers

First of all, you need to remember that it is not your co-worker’s fault that they are being paid more than you are. Yes, you can be angry, but it is never a good idea to confront a co-worker about their salary. All it does is cause both of you to feel uncomfortable, and it causes a lot of anger in the workplace. Instead of being angry at them, use the fact that they are earning more as a reason to ask for a raise.

One thing that you should never do is ask your co-workers what they earn. Unless you are making comparable salaries, someone is going to end up angry because they are being paid less than others. This can lead to conflict within the team, and a lack of productivity that is not going to help you get the raise you deserve.

Learn About the Equal Pay Act

If you are a woman, it is important that you know about the Equal Pay Act. This act prohibits employers from paying women less than their male counterparts when they have the same amount of experience. If you are not a woman but are a minority, you may be eligible for some form of protection. If you think that you are being discriminated based on age, gender, or disability, the best thing to do is to contact the US Equal Employment Opportunity Commission (EOCC).

Unfortunately, most other employees have no legislative coverage. If you are not in one of the above-mentioned groups, you will need to consider your situation and decide whether you should address the issue with your employer.

Do Your Research

Before you walk into your boss’ office and ask for a raise, do some research as to what you should be earning, based on your training, experience, years with the company, geographic location, etc. If you do know for a fact that some of your co-workers are earning more than you, this is good information to be able to arm yourself with. Of course, as mentioned, it is not a good idea to ask co-workers about their salaries.

Just because you shouldn’t ask co-workers about their salaries, it doesn’t mean that there aren’t other ways to find out. For instance, if you work for a university or a public company, some of the salaries are going to be public information. Or, there may be an association for your particular industry that offers surveys about salaries. It is a good idea to research salaries at least once annually.

Consider Your Approach

One of the most difficult things about asking for a raise is how to approach the situation in the first place. It is never a good idea to ask if the company is going through a transition period, as the money just isn’t going to be there. You also need to be able to gauge your employer’s mood. If you get them on a bad day, you aren’t likely to get what you ask for.

When you do decide to approach your employer, don’t go in making demands. That isn’t going to get you anywhere. It is better to negotiate. Tell them why you feel that you deserve a raise, and have confidence in your own value. This is going to get you a lot further than just going in and saying you want a raise, or else.

Negotiate for More Responsibility

It may be that you are being overlooked for a lot of big projects at work. If this is the case, instead of asking for a raise right away, try asking for more responsibility. “Ask to be put on the teams that are doing the big projects, or to do an extra project on your own. Ask if there are training opportunities, and if not, take outside courses and workshops to gain more skills and knowledge,” suggests training manager at IGotOffer.

If you are given the opportunities you seek, don’t waste them. If you are getting training, take in every ounce of information possible. If you are given bigger projects to work on, show them what you are really made of. These are the things that are going to put you in the running for a raise, or even a promotion.

Set a Deadline

What will you do if your employer says that they will give you a raise, but they never follow through on their promise? Or, what if the company just can’t afford to give you a raise at this time? You can only wait for so long before you are going to become even more disenchanted, and your work is going to suffer because you will stop caring.

It is important to set a deadline for what you want. For instance, if you have been working at your company for more than a year without a raise, you may need to decide that if you do not receive a raise within the next six months, this may not be the company for you.

Consider Your Options

If you are not getting the raise that you deserve, or other forms of compensation such as extra vacation time, a paid bonus, etc., it may be time to start considering other options. There are other companies out there that will value your experience and skills, and be willing to pay you the salary you truly deserve. Basically, if your current employer doesn’t see your value, find one who does.

Glassdoor.com | April 13, 2018 | Posted by 

Your #Career : This Is The Right And Wrong Time To Ask For A #Raise …The Timing of the Ask Matters as Much as your Arguments.

You work hard, but do you get paid enough for it?  Knowing you’re underpaid is decidedly different from knowing when to ask for a raise. After all, timing is everything. You’ve probably heard someone say, “I’m going to ask for a raise, but I’m going to wait until I’ve been there for [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][X] months.”

Everyone’s different, but the best time to ask often corresponds with a set period of time (annual review, anyone?). Still, if you’re feeling the burden of work without the money to match, waiting a full year may not be the right move. Fortunately, we’ve got some common time frames for you, complete with ways to determine the right window for you.

BEFORE THE JOB

Salary negotiation is a necessary element of the job search, and we hear over and over again that women never ask for enough when answering the dreaded “salary requirements” question. There are various rules you can apply here (the easiest I’ve heard recently: ask for 20% more than the first number that comes into your head), but what happens when you don’t get the salary you’re seeking during the offer phase?

This puts you in a unique position, where you can actually try asking for a “raise” before you’ve started. In your negotiations, you can counter by asking that after a three- or six-month probation period, you get a salary bump. Let’s say you were hoping for $60,000 a year and your potential employer offers $55,000. If you firmly believe that $60,000 is your bottom line, but love the job, ask if they’d be willing to raise the salary after three months. Ideally, aim to have this raise actually written into your salary letter so there are no shocking disappointments a few months from now.

Related:Six Things You Can Negotiate For Other Than Your Salary


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THREE MONTHS IN

Not the right time. Period. We say this for several reasons, the most obvious one being that it’s just too soon.

But something else you might not have considered: Even if your position’s done a complete 180 since you started, you still don’t know your company that well after three months on the job. Studies show that it can take anywhere from eight weeks to six months to really settle into a new position, so play wait and see for now. If your company and position really has changed that much in the last 90 days, who knows what will happen in the next few weeks?

If you ask for the raise now and do somehow manage to land it, you definitely won’t be able to ask for another one in three months. Given that your job has evolved this much already, chances are that you’ll find yourself with even more responsibility later on–and no way to ask for more money. Save your ask until you really know what you’re dealing with and can ensure that your salary bump is consistent with your increased workload.


Related:5 Mistakes To Avoid When Asking For A Raise 


SIX MONTHS IN

This is tricky but not impossible. On two separate occasions, I’ve asked for and received a raise at six months with no resistance. But here’s the thing: In both cases, I had a sense that I could ask and would likely win out. Why?

I started in junior positions knowing (or I guess, hoping) that I could make up for my lack of experience with my dogged dedication. I knew myself well enough to know that I’m quick on my feet and a fast learner. By month six in both jobs, I’d assumed twice as much responsibility, established strong relationships with my coworkers and bosses, and started taking the lead on projects with clients. My job description (and therefore, salary) no longer remotely matched my actual work–and so those raises came naturally with a title change. I’d proven myself, and honestly, they were afraid to lose me.

None of this changed how I behaved when I actually asked, though. I still outlined clear evidence to prove my worth, regardless of how clear it was to the parties involved. If your position has evolved well beyond what you were hired to do, and you know that you’re an essential and appreciated member of the team, it doesn’t hurt to try. Keep in mind that they may still say no. If so, ask if you can revisit the conversation at the year mark.

THE YEAR MARK

Ah, the classic. Since many companies have a formal annual review process, it often makes the most sense to ask for a raise during that meeting. Come prepared to present your case, but hold off until you’ve actually heard your boss’s feedback.

But be honest with yourself before asking. How well have you actually been doing? Just because you want more money doesn’t mean you’ve earned it, and the year mark is by no means a guaranteed salary hike.

A raise isn’t a reward for not getting fired. So if you’ve been treading water in your position for the last 365 days, know that you haven’t demonstrated that you’re ripe for a raise. And if you get hit with some mediocre or even negative feedback in the review, don’t ask. Focus on your own responsibilities and ask when you believe you’ve made some serious improvements to your work.


Related:This Is The Script To Follow When You Ask For A Really Big Raise 


AT RANDOM

There are certain jobs where timing doesn’t matter as much as other elements, so you’ll need to ask when it feels right. If your job doesn’t have a formal review process, you may need to time your request more carefully, specifically after your boss gives you some positive, albeit informal, feedback. The same goes if your job is project-based. Let’s say you work at an ad agency and you blow it out of the water on a bigwig campaign, receiving recognition from your coworkers, your boss, and maybe even your boss’s boss. That’s prime time to consider pitching a raise (especially if this is the second or third successful campaign you’ve run this year). In these situational-based asks, let evidence be your guide. Walk in with a results-driven argument on why you deserve a reward.

In all cases, the key is to prepare your evidence before booking a meeting to discuss salary. Regardless of timing, you need to have your argument on lockdown.

 

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FastCompany.com | April 9, 2018 | KIT WARCHOL—CAREER CONTESSA 5 MINUTE READ

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Your #Career : 3 Signs It’s Time To Ask Your #Boss For That #Promotion …The Timing of your Ask is as Important as How you Ask. Here’s a Checklist to Know if the Moment is Ripe.

You already know why you want a promotion: It will confirm what you’ve already accomplished in your role, validate your work and work ethic, and open paths for bigger and better projects. Ideally, it’ll also mean more pay.

But there’s a difference between wanting a promotion and being ready for it. In order to put your best foot forward with your manager, you need to be confident that the time is right. How can you ensure you’re not jumping the gun?

This three-part checklist can help you identify when you’re ready to make the most compelling pitch you possibly can.

1. YOU’VE BEEN DOING THE JOB YOU WANT TO BE PROMOTED TO FOR SIX MONTHS

This means you’ve been taking on more than what’s expected of your current role or level and performing well in that new scope. If you’re not sure where you stand, it’s a good time to have a check-in with your manager about her expectations for the level you’re hoping to reach, and the types of projects and impact you eventually want to make in a more senior role.

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2. YOUR WORK HAS HAD A VISIBLE IMPACT ON THE BUSINESS

It goes without saying that you should be making an impact at the team level, that’s part and parcel of your job. But the strongest cases for moving up a level at work rest on the contributions you make to projects that have a measurable impact on the business.

Looking at the work you’ve done in the past six months, identify the impact you’ve made for your team as well as for the business. That impact can be measurable (think revenue impact) or fuzzier (strategic impact)–so long as it’s visible and provable. For example, what part did you play to make sure that your team (and the company) met their sales target for the year? Did you propose a new idea to the higher-ups that they turned into company policy? To make your case, outline not just the business impact your work has driven, but also the alternate paths the team or company might have gone down without your work.

If you’re struggling to identify how your work fits into big-picture company goals, you might need to postpone your promotion request and instead work with your manager on a strategy to make your work more impactful.

3. YOU’VE MADE PROGRESS ON PREVIOUSLY IDENTIFIED DEVELOPMENT AREAS

If you’ve been in your role for at least six months, you should have gotten feedback by now on what you can to do improve. (If you haven’t, you should drop everything and ask for feedback now.) Have you made progress in the development areas your manager raised to you? Are some of these areas prerequisites for getting to the next level? If you’re excelling in them, it’s a great sign that now’s the time to make your case for a promotion.

Nodded your head to all these scenarios? You’re almost ready. Before approaching your manager, make sure you’ve gathered comprehensive documentation of your progress and performance. This should include specifics. Come armed with plenty of examples of how you’ve exceeded expectations, the measurable impact you’ve had on the business, and the progress you’ve made in the last six months.

At the same time, you’ll want to keep an open mind: Your manager will inevitably have a different perspective on your performance, impact, and progress. So take the time to compare notes in good faith and respectfully advocate for yourself. If you disagree, don’t be afraid to push back politely with concrete examples of your progress. By the end of the conversation, you and your boss should be able to arrive at a game plan you both feel comfortable with.

And yes, that may mean accepting a “not yet” to your promotion request. But you’ve at least laid out a reasonable timetable for getting to the next level.

ABOUT THE AUTHOR

Ximena Vengoechea is a design researcher, writer, and illustrator whose work on personal and professional development has been published in Inc.Newsweek, and HuffPost. She currently manages a team of researchers at Pinterest, in addition to leading a company-wide mentorship program.

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FastCompany.com | March 16, 2018 | BY XIMENA VENGOECHEA 3 MINUTE READ

Your #Career : What You Should Know Before Asking For A #Raise In 2018…Keep the Following Things in Mind in Order to Raise the Odds of Increasing your #Salary .

In an ideal world, you’d get offered the salary you want right off the bat. But if you’ve been working or job hunting for a while, you probably know that very few people receive their perfect offer right out of the gate. Most of the time, you have to ask for what you want, make your case, and hope that the company you’re negotiating with has the bandwidth to give you what you’re looking for.

Whether you’re negotiating for more money or perks at your current company or trying to secure the right offer somewhere new, here’s the best advice we heard this year for getting what you deserve in 2018.

1. BE SURE YOUR PERFORMANCE MERITS A RAISE BEFORE YOU ASK FOR ONE

If you’re going to try to negotiate for a bump in your current salary, be sure you can show that it’s warranted. One of the biggest mistakes that can ruin a salary negotiation is not having proof that you’re indispensable to your organization. “The biggest mistake I’ve seen from employees over the years is asking for a raise when their performance is average or sub-par,” says Joanna Buickians, vice president of operations for JBA. “For example, I’ve had sales people asking for raises when they are in the red and not able to close–or worse, people who take frequent vacations, use all their sick days . . . who have a general sense of entitlement and an attitude of, ‘I deserve a raise because I’m just awesome.’ If these employees had shown they’re really worth their salt, by showing up to work on time and working as hard as they could, I would have given a them a raise.”

 

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2. TREAT IT AS A COLLABORATION, NOT A FIGHT

By approaching a negotiation as a way to work with with your hiring manager or HR department rather than against them, you’re more likely to be successful. “Never engage in negotiation as an ultimatum–an either/or–but rather as a collaborative process and a unique opportunity to create a compensation package that makes sense for both you and for them,” advises career coach Roy Cohen. “Establish priorities as to what is most important to you and what items you are willing to trade off.” Then, make your case and say that you’re looking forward to “working together” on this–one of the best phrases to use in a salary negotiation if you want to succeed. “Unless you know for sure that you are indispensable, and few of us ever are, successful negotiation should never become adversarial. That is a bad sign that the process has broken down or will,” Cohen continues.


Related: Your Cheat Sheet To Negotiating These Five Perks With Your Next Job Offer 


3. DON’T FEEL LIKE YOU HAVE TO SHARE YOUR CURRENT SALARY

It’s super common for recruiters to ask what you’re making at the moment and what you’re looking for in terms of compensation in your next job. You do not have to answer this directly, and it’s actually one of the things you should never say during a salary negotiation, according to Josh Doody, author of Fearless Salary Negotiation. “I call this The Dreaded Salary Question, and it’s tricky because it usually comes up early in the interview process, and most candidates don’t think of it as part of a salary negotiation, even though it is,” he says. “Answering this question by disclosing numbers can make it very difficult to negotiate effectively later on, because it can box the candidate in. Once they disclose current or desired salary, the offers they get are very likely to be tied to those numbers. That can be very expensive if the company might have offered them a much higher salary than they disclosed.”

4. WAIT AS LONG AS YOU CAN BEFORE DISCUSSING SALARY

This one is especially true if you’re trying to score a great salary at your first job, but it’s applicable to all job seekers. In addition to avoiding naming a number that you’re looking for in terms of salary, “you also want to defer the salary conversation as long as possible, because the longer you can defer that discussion, the more time you have to impress them in your interviews and convince them that you should be paid at the higher end of the range they have budgeted for the role,” Doody says. By leaving the money talk until the end of the job application process, you’re more likely to nab a higher paycheck.

5. THINK BEYOND DOLLARS AND CENTS

It can be tempting to focus on the dollar amount you’ll be taking home each month or year, but if your prospective employer isn’t open to changing how much money they’re offering you, don’t forget about benefits negotiation, which can actually be one of the most important parts of figuring out your salary. Consider what might be worth bartering for, whether it’s extra vacation days, better medical or dental benefits, a gym membership reimbursement, or even commissions.


Related: Four Ways You’re Messing Up Your Salary Negotiations Early In Your Career 


6. LET THEM KNOW YOU WANT TO ACCEPT THE JOB

In the final stages of negotiation, another helpful phrase is something along the lines of, “If you can do x, I’m ready to accept your offer.” This lets them know you want to accept the job, but you need a little something more first. “When you get to this phase of the negotiation, you want to make it clear to the recruiter or hiring manager that saying ‘Yes’ will end the negotiation so they’re more comfortable acquiescing,” Doody says. For example, you may want to say, “I understand you can’t come all the way up to $60,000. It would be great to add an additional week of paid vacation along with the $55,000 you suggested. If you can do that, I’m on board,” he suggests.

7. DON’T USE YOUR PERSONAL CIRCUMSTANCES AS A NEGOTIATION TOOL

While it might feel logical to explain your personal financial situation as your reasoning for needing to earn more money, experts say this can also ruin your salary negotiation. “One of my employees requested a meeting to negotiate their salary,” says Lori Bizzoco, cofounder of NV Media, Inc. “They came into the meeting and right off the bat started to discuss their personal financial situation at home: She was getting married and the wedding was costing more than she and her fiancé had anticipated. She used the wedding as a bargaining tool to ask for a raise. At the risk of sounding less compassionate than I really am, I must express the importance of leaving personal issues out of the conversation when asking for a raise. As much as I empathize with financial struggles, an employee can create a more compelling argument for a raise by providing evidence of his or her hard work.”

8. KNOW YOUR WORTH

One of the simplest and most effective tools you can use in a salary negotiation is information about what others in your position make. That’s why our Know Your Worth tool is so useful when you’re looking for a new job or trying to up your pay at an existing job. By inputting some basic a information about yourself and your job history, you can get a better understanding of your market worth. Armed with this knowledge, you can negotiate confidently.


Related: How To Negotiate Your Salary When You Have No Obvious Leverage


9. USE YOUR NETWORK FOR RESEARCH

Another tool you can add to your research arsenal is your business contacts. Journalist Jillian Kramer did exactly that when recovering from a lowball salary offer at a magazine: “I spoke with contacts and coworkers until I found a connection between one of them and a former employee at the magazine. And after a quick introduction, that former employee was happy to dish on what he’d earned when he’d worked in the exact position I was going to fill.” With this in mind, Kramer was able to make a more informed counter offer to the hiring manager, and ended up with a salary that she was much happier with.

10. NEVER APOLOGIZE

According to Doody, “sorry” is another thing you should never say in a salary negotiation. Why? “Negotiating is uncomfortable, and our natural tendency is to try to smooth the edges on a difficult conversation. Saying sorry could signal to the recruiter or hiring manager that you might be willing to back down, and that could be expensive. Don’t apologize for negotiating.”

FastCompany.com | January 2, 2018 | BY JULIA MALACOFF—GLASSDOOR 7 MINUTE READ

#Leadership : Why Everyone’s Salary Should Be Revealed…Transparency in Pay Provides Employees with Reassurance that They are Being Treated Fairly in Relation to Their Peers.

That’s because employees at companies that didn’t practice transparency just assumed that their coworkers were making more money.

“It turns out that pay transparency—sharing salaries openly across a company—makes for a better workplace for both the employee and for the organization,” David Burkus, author of Under New Management: How Leading Organizations Are Upending Business as Usual, said in his TED Talkearlier this year. “When people don’t know how their pay compares to their peers’, they’re more likely to feel underpaid and maybe even discriminated against. Do you want to work at a place that tolerates the idea that you feel underpaid or discriminated against?”

Keeping salaries secret does exactly that. Since companies are often transparent about expenses like health care and travel that have skyrocketed over the past few years, “It makes sense to pivot from the old way of keeping pay grades under a veil of secrecy to a more transparent way by sharing the compensation information on all employees based on the different roles,” says Tim Tolan, CEO and managing partner of the executive search firm The Tolan Group.

In fact, being open about what you pay employees can have benefits that exceed the savings companies can have by negotiating with each individual employee.

IT BOOSTS EMPLOYEE SATISFACTION

“Transparency in pay provides employees with reassurance that they are being treated fairly in relation to their peers,” says Jeanne C. Meister, coauthor of The Future Workplace Experience: 10 Rules for Mastering Disruption in Recruiting and Engaging Employees. “They may still leave, but pay may not be part of the equation.”

Workers who are paid less than the market rate for their jobs were more satisfied if their employer was transparent about their pay, according to PayScale. And if someone sat down and openly discussed the reason behind the compensation, their job satisfaction rose from 40% to 82%.

 

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IT INCREASES EMPLOYEE PRODUCTIVITY

In a study from Cornell University and Tel Aviv University, researchers found that keeping salaries secret is associated with decreased employee performance. In an experiment, students were paid a base salary for completing three rounds of a computer matching game. While participants played the game individually, they were assigned to a four-person work group. Half of the participants were informed about only their own performance and bonus pay, while the other half experienced pay transparency, being told what the other team members were being paid. The study found the group that had pay secrecy also had decreased performance in the task.

IT ENCOURAGES GROWTH AND RETENTION

Pay transparency provides an incentive for employees to climb the ladder, says Burkus. “The research shows that when people know how they’re being paid and how that compares to their peers, then they’re more likely to work to move up it,” he said in an interview with Harvard Business Review. “And even those high performers are more likely to work hard to stay high performers in order to demonstrate why they bring that much value to the organization.”

IT HELPS FIGHT GENDER BIAS

Transparency requires employers to justify their decisions, and makes it less likely that these decisions will be based on bias or discrimination, says Kate Mueting, a partner in the Washington, D.C., office of Sanford Heisler, LLP.

“For example, D.C. has one of the lowest gender pay gaps in the country (11%), and this is largely attributable to the fact that the federal government has lock-step, transparent compensation,” she says.

Earlier this year, Fast Company reported that President Obama had announced a proposal aimed at closing the gender wage gap by requiring companies with 100 or more employees to report their staff’s pay broken down by race, gender, and ethnicity to the Equal Employment Opportunity Commission (EEOC). This information would be an update to the EEOC tool that currently collects wage data from businesses and isn’t scheduled to start until September 2017.

BUT THERE COULD BE DRAWBACKS

“In reality, salaries remain a sensitive topic,” says Lauren Griffin, senior vice president for Adecco Staffing. “Before openly speaking about your income with peers, it’s important to consider whether those conversations would offer any benefit.”

For example, sales environments commonly share performance rankings, which hint toward a person’s paycheck. “In that situation, openly discussing pay could encourage teams to share best practices and drive them to get better,” she says. “In addition, it could help retain less tenured employees who want to know what to expect as they move up within an organization.”

While there may be justifiable reasons why one employee commands a higher salary, such as increased responsibilities or experience, pay discussions can cause team members who don’t have access to the big picture to become disgruntled and feel undervalued, says Griffin.

“Once you open this door, you can’t close it,” she says. “Employees who perceive that their salary isn’t fair when compared to a peer’s can spread those frustrations to other colleagues and teams, ultimately leading to poor engagement, turnover, and decreased productivity.”

HOW TO SHARE THE NUMBERS

Potential drawbacks make the way that you share the information important. Choosing a method that fits your company culture can help. For example, Buffer puts all of its salaries on its website for anyone to see. SumAll shares numbers within the company, and Whole Foods employees can make an appointment to view the company’s “wage report.”

Other companies post pay rates for certain positions and let employees figure out individual salaries based on the hierarchy or their organizational chart. Some companies share their formula for calculating pay rates, while others provide the median salary for key roles and make this transparent both inside the company as well as on the company’s Glassdoor page.

“Some executives are concerned about the privacy issues,” says Tolan. “A way around sharing exact amounts would be to use salary bands and provide ranges for each role—and while you would still know which band a coworker is in, you probably would have to guess at their actual salary.”

Sunlight makes it impossible to hide things, said Berkus in the HBR interview. “And so in a transparent culture, regardless of how you do it, you tend to find people who have a higher sense of the organization being fair,” he says. “You tend to see increases in collaboration and all sorts of other positive effects.”

 

Your #Career : Former Wall Street executive Sallie Krawcheck Explains the Best Way to Ask for a Raise — and Get One…Just Because you Deserve a Raise Doesn’t Mean you’re About to Get One. More Often than Not, you Have to Ask — and Then Back up your Request.

At the S.H.E. Summit in New York City in October, Sallie Krawcheck — the former Wall Street executive and founder of Ellevest, an online investing adviser for women — spoke about ways women can proactively bridge the gender pay gap. But her advice can be applied universally: Don’t just ask for a raise, she said — provide definitive proof that you deserve it.

Interviewer3

“Be as quantitative as you can be,” she said. “Put numbers on paper.”

Vague requests can easily be denied, but hard facts are far more difficult to argue with.

Krawcheck suggests keeping a running list quantifying everything you do, from the number of clients you bring in to the size of the budget you manage to the work you do on each project. When you go in for a performance review or salary negotiation, you’ll be prepared with indisputable evidence of exactly what you contribute to the company.

 

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Krawcheck also advises looking up your position on sites like Glassdoor and Fairy God Boss to know how your current salary compares to the marketplace and gain an idea of how much you should be making.

“We have more resources now than ever before,” Krawcheck noted. “We should be excited about technology.”

As Krawcheck suggests, it’s smart to make the salary negotiation about the facts and leave personal emotions out of it. Demonstrate why you deserve a raise and how you’re contributing to the company, don’t whine about wanting more money.

“You should always link individual performance to departmental goals, and then to overall company goals and how what you’ve done directly impacted each,” Adam Ochstein, founder and CEO of StratEx Partners, previously told Business Insider.

And if you get denied, don’t take it personally — find out why it isn’t possible right now and what you can do differently. Don’t be afraid to be direct: “Ask, ‘What can I do to make this amount?'” Krawcheck said.

And then do it.

 

Businessinsider.com | November 1, 2016 | Emmie Martin

Your #Career : A Former FBI Hostage Negotiator Says there’s One Question you Should Ask When you Can’t Get the Salary you Want…When it Comes to a Salary Negotiation Or Any Negotiation, for that Matter, it’s Best to Take a Step Back and Think About What you’re Really Trying to Accomplish. In this Case, it’s Building your Career.

You probably know from personal experience that companies aren’t always able to offer you the salary you want. At some point, the hiring manager may tell you that, yes, you’d be a valuable asset, but they just can’t go any higher.

Free- Big Photo Lense

Assuming you really want the job, it’s tempting to accept their answer and leave feeling like a pushover.

Don’t.

There’s a more important question you should be asking than how much they can pay you — a question that can help ensure your success and happiness in your new role:

How can I be guaranteed to be involved in projects that are critical to the future of the company?

That’s according to Chris Voss, a former FBI hostage negotiator and author of the new book, “Never Split the Difference,” in which he applies insights from years of working with criminals and terrorists to everyday life.

Chris Voss headshot credit Clinton Brandhagen

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When it comes to a salary negotiation  — or any negotiation, for that matter — Voss suggested that it’s best to take a step back and think about what you’re really trying to accomplish. In this case, it’s building your career.

Clinton Brandhagen Chris Voss.

Asking about your role at the company — what Voss calls a “side term” of the negotiation — gives you an opportunity to do just that. Here’s what he told us:

What happens is if you’re involved in strategic projects as a part of your job, now you’re suddenly in a room with the CEO on a regular basis — and the top management of the company.

And they get to see you a lot more often and they come to look at you as a reliable and a go-to person, which then plants your seeds for your success. Salary pays your bills but terms build your future.

This question has the added benefit of making you look like a team player right off the bat. Here’s Voss again:

As soon as you tell somebody you want to work on something that’s critical to the strategic future of the company, you’re telling them in a very subtle way you want to work to make their life better. And even if the answer’s “no,” they still like that that’s your approach.

In other words, by asking to be involved in big company projects, you stand out among a sea of people demanding more for themselves. Plus, you position yourself for success by showing that you’re motivated by the organization’s mission — that you’re ready and eager to take on the most important work they’ve got.

Businessinsider.com | May 20, 2016 |