30 Mar Closing the gender pay gap for the working woman
Women have come a long way in the electrical industry, but we’ve still got some big steps to take to achieve equality in the workforce. One of those steps is addressing the pay gap inherent not just in our industry, but in all industries. The evidence is stacking up – article upon article can be found online espousing the economic benefits of closing the gender pay gap, yet in reality women are still earning on average $227.70 less than their male counterparts. So, it is there anything you can do to fix the problem?
Well, in reality, it’s hard to change the world in one day, so in this post we’re going to give you some valuable advice on how you can make small changes in your own life and take the challenge on at a personal level.
The best way to overcome pay inequality is awareness. Equal pay will not happen overnight, but there are things you can do as at an individual level to create the conversation in your workplace.
Know what women and men in the industry are earning with your levels of experience, skills and education. Good resources for this are Seek (every job has a searchable salary even if not displayed) and LinkedIn. Knowledge is power and you will want to know the average salary of the role you’re in or applying for.
Negotiation is another key factor in your ability to close the gender pay gap. Think you’re not earning enough? Part of the responsibility to change that lands with you. It can be a daunting process to negotiate if you’re not confident, so be sure to build up your strategy ahead of time. Take appropriate steps in the lead-up, such as researching salary rates or seeking advice from a councillor.
Go into negotiation with three figures in mind – what you are worth, what you will ask for and what you well settle for. These are three separate figures and should all be well considered. Know that negotiations go both ways, so give yourself some room between your asking rate and your settling rate, and never let it drop below what your worth. Can’t negotiate on dollars? See if you can work towards extra leave, training or flexible working arrangements instead.
Have you negotiated your salary and can share some advice? Share this with a friend, and create the conversation in your workplace today.
This post was written by MEA’s Marketing Projects Advisor, Rachelle Forbes. If you have a story to submit, please email us today.