Guest Blog by Hillary Spreizer, President: The Latitude Group
Ladies, let's get one thing straight: we're here to break ceilings, shatter expectations, and own our worth in the workplace. It's our time to rise and thrive! Today, we're talking about women's earnings and the art of confidently asking for a raise.
Fact Check: Earning Equality
According to the Department of Labor, it might take women 15 months to earn what our male counterparts earn in just 12 months. Now, we're not here to dwell on statistics; we're here to change them. Whether you're negotiating a new gig or leveling up your current one, let's get you what you deserve!
Tip 1: Know Your Worth
First things first, let's ditch the idea of age and gender affecting our value. Instead, focus on knowing the market value for your role. Salary data is right at your fingertips in many states. Research, understand, and embrace what your role is truly worth.
Oh, and here's a little secret: your current salary is your business! In several states, including MN, employers can't ask about your previous earnings. So, let's base your worth on your skills, experience, and market demand.
Tip 2: Prove Your Value
It's time to strut your stuff! Your boss needs to see that you're not just an employee but a game-changer. What are you doing for your company that's saving money, generating revenue, or making things more efficient? It's time to jot down those achievements and be prepared to drop those data bombs in the conversation.
Remember, there's a huge difference between saying, "I'm doing two people's jobs," and "I've taken on responsibilities X, Y, and Z, resulting in A, B, and C, while also freeing up capacity for others on the team." Your worth is in the results you bring.
Tip 3: Anticipate and Overcome Objections
Don't let objections catch you off guard; we're here to stay ready and unapologetic!
Objection: "We need to see you in that role and know that you can really handle the responsibilities."
Your Response: "Great. What do you need to see and on what timeline so that we're both aligned in me working toward this compensation or goal?"
Objection: "Giving you this raise would create an imbalance in team equity."
Your Response: "I can appreciate that. Is there an option to create a more senior role so that you're able to mitigate that risk, and I'm still able to feel as though my work is valued?"
There you have it, fearless women of the workplace! We're done apologizing for our worth, age be damned. It's time to demand what we deserve and show the world that we're unapologetically confident, bold, and unstoppable.
Remember, your worth is not determined by a number. It's determined by your skills, your achievements, and your unwavering belief in yourself. So, go out there, rock those negotiations, and let your confidence shine as brightly as your potential! 💪💼🌟