Women face a lot of issues in the corporate world. From gender discrimination and bullying to receiving lower pay, there are many issues that affect businesswomen. There have been countless women who have stood up against these inequities but it is still work in progress. There are still stigmas against women occupying certain positions that are entirely unfounded, yet seem to affect career opportunities today.
As a woman, you might be receiving pay that does not reflect your qualifications, skills, experience, or even your abilities. If you think you are being underpaid, there are several ways you can address this with your bosses. However, you have to do it at the right time in order to not damage your career.
If you are the person we are talking about, let us take you through some of the tips that will land you a pay rise. Read carefully, because there could be a lot of money at stake here.
Switch Companies Or Careers
Regardless of the equal pay act, which was implemented to make it illegal to underpay women, many women are still being underpaid when compared to their male counterparts. If you feel you are being underpaid and do not see any chance of receiving a pay raise, consider switching to a different company. You are not stuck working for a company that does not value you. However, you have to be sure that you have another well-paying job lined up before you think of resigning. Make sure you apply to jobs that offer great pay and have prospects for future growth.
Also read: Check Out These Monetary Incentives to Motivate Employees
Upgrade Your Credentials
When it comes to asking for a pay rise, especially for women, adding to your education might be the right move. If you started with a primary degree, and you now have a master’s degree, this means you have high bargaining power. Every employee wants someone who will add something to their company and also enhance their skills. Having a more advanced degree is something that they won't be able to argue with.
On the other hand, if you don’t have time to attend classes, consider doing distance learning or online courses. They are readily available, and you can easily do your classes whenever you have the time. Another idea would be to add a certificate or a new skill to show your employer that you are serious about contributing to the company.
Learn The Art Of Persuasion
One challenge that most women face in their workplace is negotiating. As such, be sure to prepare and even practice well ahead of time to give you the boost and confidence to face your boss without fear. Review your skills, education, and job performance in order to make your case. Be ready to convince your boss that you deserve the raise.
Are there more responsibilities you feel you are ready to take on? Then you should also mention those. Are you advancing in any skill that will directly contribute to the company? Make sure you mention that too. After all, your boss will be waiting to hear how you are going to help the company succeed.
Bottom Line
Working hard only to be paid peanuts is a challenge on its own. However, with the right strategies and the right timing, you can negotiate the pay you deserve. Evaluate yourself and your career to see if you need a raise and then ask for it. Never fear to ask for what you rightfully deserve.
