The first step toward asking for what you deserve? Calculate what you could be making. When my old boss offered me a job at Dow Jones, I worried salary of a preschool teacher he knew my salary history. I looked through old SEC filings to find out what others had been paid for the role.
This is good for job-seekers to do when applying for senior roles at publicly-listed companies. Knowing how much I could get paid elsewhere was key. It was intimidating, but also exhilarating. Prepare for year-end by asking up front: What does exceptional performance look like? How does your firm compensate exceptional performers? Big firms don’t often negotiate base salaries because they hire so many junior employees.
Consider asking for other benefits, like reimbursement for professional development or a training course, instead. 5,000 more a year than the average female nurse. Doctors aren’t trained to handle the business end of their professions, so you have to remember you’ve trained hard and expensively. At the same time, helping those in need is also part of the work, so find a balance you’re comfortable with.
They kept asking, and my boss suggested I propose they pay me a monthly bonus to work there part-time until they found a replacement. Always remember to look at the full package! Hospitals often have predetermined salaries for certain positions but can offer benefits not always offered in other industries. Let your employer share the number first and wait to counter. Research says you’ll come out ahead. More and more tech companies claim they’ve closed the gender wage gap, but the U.
Companies generally expect you to negotiate, which means they’ll lowball you on the initial offer. When I was hired by an early-stage startup, they couldn’t go up on salary, but they offered me a signing bonus and an agreement to reassess after our next fundraising round. I was nervous asking for a raise the first time. I gathered emails praising my work. A coworker helped me role-play the negotiation, so the meeting wasn’t my first time saying the words out loud.
It was less awkward than I imagined, and I walked away with a raise! Negotiate for the best and broadest exposure to the best and brightest people. They could become mentors, friends, cofounders, or even investors down the line. Use online calculators to compare equity versus salary trade-offs for startups at different stages in their development. 29 female CEOs of Fortune 500 companies. When I was offered a job, my friend helped me draft an email asking if there was room to negotiate.
I accepted my first job out of college without question — I was 22, and it was money. After three years, I received another offer with more money and better benefits. When I put in my two weeks’ notice, my boss asked me about the job offer and why I was leaving. They offered to match the pay and benefits, and I got more responsibility.
The whole process was terrifying, but it definitely paid off. Ask for staffing on projects in your desired area. If you’re going to be traveling, compare what different firms offer for expense reimbursement. Management consulting values training and will sponsor graduate school for top employees. A suburban firm told me to “name my price.
The career development office said to expect a smaller salary than I’d get at a city firm. My legal friends suggested a higher range. I made my case, and the firm accepted. After your initial conversations, send yourself an email outlining what was said. Then send an email to the employer confirming everything from salary and benefits to your vision for the role.