04 Apr Future Entrepreneurs: Equal Pay
“I am grateful for the blessings of wealth, but it hasn’t changed who I am. My feet are still on the ground. I’m just wearing better shoes.” ~Oprah Winfrey
This is was Equal Pay Day (April 2), highlighting how far into 2019 a woman must work to earn the same amount a man did for the same job in 2018 (on average).
There have been overall improvements — the gender pay gap has narrowed by nearly 3% in the last three years in countries like the United States, France, Germany and the United Kingdom, according to a new report by Glassdoor Economic Research – but there’s still work to be done [https://www.glassdoor.com/research]. And a lot of that involves things individuals can do in their own careers to affect change.
3 ways women can help close the gender pay gap
The average woman in the U.S. earns 80 cents on the dollar compared to her male counterpart, according to the most recent available Census data. If the pay gap closed, it could swell the economies of developed countries by trillions, accounting firm PwC said this week. https://finance.yahoo.com/news/gender-pay-gap-184028370.html
The key reasons why women don’t negotiate their salary
In a study of 1,008 adult women produced for HuffPost, Yahoo, and CARE by Langer Research Associates, 64% said they did not try to negotiate their pay the last time they were hired. But out of those who did negotiate, a whopping 71% said they were generally successful. Why aren’t we negotiating more often? https://finance.yahoo.com/news/women-salary-negotiation-huffpost-050000019.html
Know. Your. Worth.
3 ways to face fear of negotiating
We’ve all heard that mentorship can give women’s careers and lives a boost, but some experts are touting sponsorship as an even more effective means to advance one’s career. The difference is in the investment that both parties put into a sponsorship.
Achieving our business and personal goals involves recalibrating. I work with my clients to adjust to the conditions and share secrets to shine through the noise:
Whether your noise is uncertainty, or presenting your plan, here’s one of our best practices on confident communication:
Additional info via Yahoo Finance
Photo by Akasha
Thank you for reading!
Cheers & fair winds,
Akasha Garnier for #TheWishwall
Author, Brand Expert, Filmmaker