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5 Salary Negotiation Facts That Will Surprise You

5 Salary Negotiation Facts That Will Surprise You

Salary negotiation is a tricky business. I’ve written about it for Lifehack before, but those were mostly tips based on my own personal experiences and the information I’ve culled from other sources. This time the folks over at Payscale.com provided me with a list of facts about salary negotiation. Here they are:

Women struggle with obtaining higher pay–even if they have an MBA.

While I’ve written of the benefits of obtaining an MBA in the past, getting one sometimes doesn’t always mean tons of cash for everyone. Women seem to be at some sort of disadvantage when it comes time for salary negotiation. According to the brainiacs at Payscale.com, ” …21 percent of female MBA grads received no raise at all after requesting one, compared to 10 percent of male MBA grads.” Based on this evidence, it seems like the game salary negotiation isn’t necessarily played on an even field.

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Gen Y (AKA Millennials) are shy about asking for a raise.

That’s right–the audience for which I’ve written at ChelseaKrost.com, for all our talk about obtaining empowering careers, are generally unlikely to ask for raises. Whether its because we are less skilled at salary negotiation, or because we all came of career-age during the most catastrophic economic situation since the Great Depression, we just don’t like being pushy. When Baby Boomers don’t ask for raises, it’s because they don’t want to lose their jobs.

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English majors were more adept at asking for raises.

If you had to pick one of all college majors to be the ones reach out and straightforwardly ask for more money, English Literature majors would not likely be in your top ten. However, the people at Payscale.com crunched the numbers and found out that 51% of them were likely to have already asked for raises. There’s a flipside to that coin though; when English majors didn’t ask for a raise, 41% said they were just plain uncomfortable talking about salary. Maybe it has to do with an English major’s naivete regarding business practices, or because they were inspired by their favorite fictional character’s heroism to stand up for themselves, but English majors are the most likely to speak up in salary negotiation situations.

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Only 43% of people polled have said they have asked for a raise in the past.

While those numbers are limited to people who are asking for a raise within their current field, that is a surprisingly low amount to have advocated for themselves. Its surprising that in America, the land of strivers, we all are afraid to push the envelope. Amongst the reason people gave for not asking for more money are: 1. That their employer gave them a raise before they had to ask, which is amazing when it happens. 2. They were just plain uncomfortable negotiating salary. 3. They didn’t want to be perceived as pushy. I’m very surprised that Americans consistently gave this last answer on the order of 19% of respondents. Our global image is that we, as Americans, are born pushy. How come that doesn’t extend to salary negotiation?

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At every level, women are uncomfortable in salary negotiation.

At its most basic level, 31% of women state that they are uncomfortable negotiating salary. This compares to only 23% percent of men who say they are uncomfortable in salary negotiation. Surprisingly, as you go up to C-level executives, the gender gap of comfort widens. Only 14% of male executives state they are uncomfortable in salary negotiation, while 26% of female executives say they are uncomfortable. The most striking part of that data is that, even when women move up to become CEO’s, there is only a 5% drop in those saying they are uncomfortable in salary negotiation. For more information on salary negotiation and other trends in payment, visit Payscale.com’s 2016 Salary Negotiation Guide. And thanks to Cassidy Rush at Payscale for seeding me this information.

Featured photo credit: Moleskine Milan’s Office/Moleskine via flickr.com

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Last Updated on May 23, 2021

10 Best Free Job Apps You Need For Effective Job Hunting

10 Best Free Job Apps You Need For Effective Job Hunting

Seeking for the right job but not sure how to do it in a more effective way?

Try job search apps!

To make the job hunting process easier, I’m recommending 10 best job apps that can help you look for the right match anywhere at any time. The best of all? They’re all free!

1. jobandtalent

jobandtalent

    Great for browsing new jobs as you commute home via subway, bus or carpool, the jobandtalent app is like a Pinterest for job seekers.

    Easily browse, save and revisit job postings from your smartphone and receive notifications about jobs that match your professional qualifications.

    Download it for iOS and Android.

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    2. Jobr

    jobr

      This job hunting app is unique in that it lets you anonymously browse job listings based on your professional resume. If a company that you like also shows an interest in you, the app let’s you chat directly with a company rep. Great for getting your foot in the door and making a memorable impression.

      Download it for iOS.

      3. Monster Job Search

      monster job search

        I’m a big fan of Monster. It’s one of the first job sites employers think of when they want to list a new position online. The Monster Job Search app functions pretty similarly to the normal website, so it’s very easy to use for not-so-tech-savvy job hunters.

        Download it for iOS and Android.

        4. Jobs and Career Search

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        job and career search

          This is a good, simple app for browsing global locations for your next job. With a job index of more than 50,000 jobs listed globally, this app is a good choice if you are moving to a new area and want to line a new job up quickly.

          Download it for iOS.

          5. Hyper Networking Groups

          hyper networking groups

            This job hunting app isn’t so much a job hunting app as it is a connections hunting app. It’s great for learning who’s who in your desired field and forming connections. It also shows you how you and your industry connections are connected via your social networks, so you can follow up with them on your other social sites.

            Download it for iOS.

            6. CardDrop

            CardDrop

              CardDrop is an awesome job hunting app that let’s you digitally drop and pick up virtual business cards. This app is great for helping you make new connections at seminars, interviews, meetings and conferences. You can also attach social media profiles to the cards you pick up or send to enable easier connecting on social networks.

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              Download it for Android and iOS.

              7. Job Interview Questions

              interview questions both

                Okay, so this app looks kind of outdated, but it’s super useful for getting you into the swing of answering any kind of interview question that is thrown your way. The big benefit of using this app is that it explains to you what your interviewers motivations might be for asking you a specific kind of question. Learn what your interviewer is looking for in your answers and be more prepared for the real interview when the time comes.

                Download it for Android.

                8. 101 Interview Questions and Answers

                101 both

                  This app is great because it provides guidance about the kinds of answers you should give for each kind of question. Think of it as an essay rubric but for job interview questions.

                  Download it for Android.

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                  9. Job Interview Question-Answer

                  q and a

                    Feeling confident with your text-answered interview questions but concerned about doing the face-to-face interview? This app prepares you for interacting with your interviewer by simulating an employer asking you questions.

                    You can record your response and see what you look like to the interviewer to understand what movements, vocal pauses, etc. you need to work on.

                    Download this app for iOS and Android.

                    10. HireVue

                    hirevue

                      HireVue is a great job hunting app for those times when your interviewer wants to get some preliminary questions out of the way.

                      When an interested employer wants to interview you, they send you a request via HireVue and you can answer it in your free time, when you’re ready. Your interview might consist of a some FaceTime, some multiple choice questions or open-ended text answers and can be completed and sent to the interviewer when you’re finish.

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                      Download it for Android and iOS.

                      Featured photo credit: Yura Fresh via unsplash.com

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