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Pay Equity & Negotiation Issue

Here’s a small survey that sums up the “damned if you do, damned if you don’t” dilemma for women.

An August 2022 Harvard study found men obtain better financial results through salary negotiation than women (link below). No surprise, because as noted below, most organizations will negotiate, but most women are not seen favorably if they try to negotiate, and many women are not comfortable negotiating.

Instead, employers should establish salary bands based on the market, the internal value of the position, factors including experience, skills, certifications, education, geographical location, and work environment, and, of course, your budget. Post the salary range, be transparent, and don’t negotiate outside your pre-defined parameters.

Otherwise, you end up with inequity even among similarly situated people, a payroll out of whack, legal risk, and new problems.

Women and Negotiation: Narrowing the Gender Gap in Negotiation https://lnkd.in/es5cnDW9

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