Women in science and engineering are in high demand and should be compensated fairly for their skills and expertise. Knowing how much you’re worth (it’s probably more than you think!) can empower women to negotiate for a better salary or improved benefits/perks. Did you know…
57% of men negotiate their first salary out of college, while only 7% of women do the same.
If one doesn’t negotiate their first salary, they stand to lose more than $500,000 by age sixty.
Women who always negotiate their salary earn at least $1 million more during their careers than women who don’t.
If you’re considering applying for new jobs in the sector, asking for a raise/promotion or are just curious, the following resources may be helpful to you:
Westcoast Women in Science, Engineering and Technology – This presentation, titled “How much are you worth?” provides a thorough look at industry standards for salary, and how to negotiate for what you deserve.
Salary comparison tool – This powerful tool compares your current employment situation (such as job title, number of years experience, salary, required skills, education level, gender, etc.) and then compares your salary with others at the same level.
Negotiation guide for women – This guide about how to negotiate one’s salary is written specifically for women, and addresses many concerns that women have about negotiating salaries. It includes helpful tips, statistics and phrases to practice in advance of a salary negotiation.
Women Don’t Ask – This website contains information and statistics about the gender divide in negotiation – particularly salary negotiation.