Last week, we observed Equal Pay Day – an important day to reflect on how our nation compensates women for the work they perform in a company. We loved the energy and buzz that this day ignited, and the important conversations we heard. We hope this continues beyond just April 10th.
At OutFox, we know unequal pay is a larger systemic problem in our society (unfortunately, the overarching issue is not limited to just women), and while that disheartens us, we are working towards taking small steps to improve women’s compensation in the workplace with what we as individuals can control for ourselves. Research shows that, on average, women are more likely to leave a job unhappy than to negotiate for higher pay, better benefits, or more fulfilling projects. This isn’t specific to an industry or function – across the board we as women aren’t asking for more, we aren’t putting our names in the ring to be considered for more, and this hurts us in the long-run. Sometimes it just takes the wisdom and experience of a woman who has been there, and who can talk you through how to approach the conversation, to build the confidence you need to assert that you deserve more and go after it. This is one of many reasons why we built OutFox. You can’t score without ever taking a shot – and we want to see more women taking shots on goal!
Below – we’re sharing some of our favorite conversations from equal pay day and important statistics around women’s compensation that keep us inspired.
Can this please be the last equal pay day? Cosmopolitan magazine is calling for #lastequalpayday and we agree – we want to see this important conversation turn into action! Millennials are more likely to discuss their salary with peers than any generation before them, which is why we love Cosmo’s urging of women to discuss what their male peers are earning and utilize this to ask for more.
By The Numbers: What Pay Inequality Looks Like For Women In Tech – Many in tech acknowledge that there is a pay and employment gap, but aren’t sure how to fix the problem. Forbes takes a deep dive into the employment disparity in the tech industry.
Do Women Avoid Salary Negotiations – Harvard research shows, women are much more likely to negotiate for salary when the salary is explicitly stated as ‘negotiable’ versus men who will negotiate terms regardless. At OutFox we firmly believe that everything is negotiable!
If you’re looking to improve your compensation or to talk to a woman who can help you build your compensation negotiation strategy - check us out at www.outfoxmycareer.com or reach out to firstname.lastname@example.org