Start Thinking About Why You Deserve a Promotion Right Now.
Yesterday was equal pay day for black women – or the symbolic day that the average black woman achieved equal pay as white men this year – and Refinery29 posted a great piece on how three women discovered they were underpaid and what they were with. they did it. It’s filled with solid advice on how to know your worth and ask for more (one important takeaway – you boss can’t stop you from discussing your paycheck with your peers, no matter what they say), but I especially liked this pointer from Nela Richardson, Chief Economist at Redfin:
“Don’t tell me, I want another 10,000 dollars. Let’s say I want another $ 10,000 – and I’m worth it for these six reasons . The more accurately you can quantify your value, the easier it will be for the decision maker to make that decision. ”
It means evaluating what makes you most suitable for the position or what value you bring to the company that no one else can. And instead of waiting until you have a job offer or the day before your annual review to start thinking about these things, start now. Even if you are not actively looking for work.
Think: What are you doing that adds value? How are you irreplaceable? Write them down and then add real-time examples from your work life as they become available. Then you have something to take with you, or you may even be asked for a raise before you intend to do so. Get the job done now.
Another good piece of advice from Richardson is that before you accept an offer, find out how you can promote your company. Sure, the starting salary may sound generous, but if there is no room for a raise, how will you earn more in the coming years? She said:
“In the last five minutes of the interview, ask: how are people doing here? What does a career ladder look like? What can I expect in three years, in four years with this company? How does this compare to other companies in the same field? Good employers expect employees to want to move up the career ladder in their companies. I think this is a very fair question. “
If there is no room for growth – in terms of salary, position, responsibility, etc. – are you sure you want the job? You may just realize that you are worth more.