In a time where the gender pay gap is widely recognised but has not yet been overcome, how do women secure well-paying positions in their field?
1. Know your value
Getting a great job takes a lot of legwork, and one of the most important elements of that preparation is research. Researching the salary range for your industry will help you learn the monetary value of your skills. A quick keyword search on any of the job search websites will give you a broad salary range. As well as this, sites like MyCareer offer salary calculators, so these are a great place to start your salary research.
Next, you want to consider going to a site like Glassdoor where you can kill two birds with one stone – do your company research on some of the companies you’re interested in working for AND scan the salary reports to get an indication of what these companies are paying for these roles. Another great way to build a perspective on the value of your skills and experience is to visit consultants’ websites. Here you will be able to check out the fees they charge for their services, but keep in mind they will have additional ‘padding’ to compensate for a salaried income. Armed with these facts and figures, you are much better placed to put a price on what you have to offer a potential employer.
2. Don’t accept less than you are worth
So much about securing a new role comes down to attitude and having the confidence to ask for the salary we deserve. As women, this is an area we can let ourselves down. You’ve done research. You know what the market rate is. You know how much experience you are bringing to the role. So, don’t apologise for asking for a salary in the upper 1/3-1/4 of the relevant range. This way, there is room for you to move if the new employer wants to negotiate you down. Part of the reason the gender pay gap exists is because we agree to be paid less! Our advice is ‘don’t settle’. If this employer is offering less than market value for your skills and expertise, go to another one who recognises the fiscal sense of paying its employees what they are worth. Have the attitude that you ARE worth a good salary and you WILL find someone willing to pay it.
3. Be great at what you do!
In organisations with a healthy culture, excellence is noticed and rewarded. That is exactly the kind of organisation you should be targeting in your job search. For that reason, investing time and energy into your professional development, and striving for excellence in your field should always pay off. And of course, if being great at your job isn’t being recognised both financially and culturally within your organisation, it’s time to think about finding a better place to work! Open minded professionals who are looking for new ideas and opportunities to grow their skills are an attractive commodity in any organisation, so get out there and develop yourself. Not only that, being great at what you do will give you the confidence to ask for what you’re worth and decline anything less.
If each of us as individual women were to refuse to accept anything less than an equal salary to our male colleagues, the gender pay gap would immediately become a thing of the past. Contact our career coaches today for more information about knowing your worth.
Assessment & Facilitation Manager
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