Thursday, April 16, 2020
Pay Gap New Rules for Negotiating Pay
Pay Gap New Rules for Negotiating Pay A crescendo of recent changes aimed at closing the gender wage gap has reshaped the compensation landscape for 2017. Massachusetts just made it illegal for in-state employers to ask about salary historyâ"a question that tends to disadvantage anyone who has been historically underpaidâ"and the lawmaker who launched the bill says sheâs heard from peers in other states looking to replicate her effort. New York City has already followed suit for municipal jobs, and a federal version of the rule is now in front of Congress. And at least 50 employersâ"including Apple, Hilton, and Visaâ"have signed the White Houseâs Equal Pay Pledge, promising to analyze company pay levels and review hiring processes to reduce bias. Use the new equal-pay efforts to reset the money talk at work. Ask for a revision Suspect youâre paid less than peers? Meet with your manager, says Marissa Peretz, of Silicon Beach Talentâ" and bring a list of accomplishments, in case your suspicions are true and you need to show youâre not underperforming. Peretz suggests starting with something like: âI overheard someone talking about their salary, and it sounds like Iâm not being paid commensurate with my peers. Can we talk about why that is?â Tell your boss you appreciate the mentorship he or she offers and want to continue working together. Then come up with a solution. Maybe youâll set up periodic goals and evaluations, with an agreed-upon salary bump for every benchmark that you hit. Reset your negotiations Looking for a new gig? Itâs still legal for most employers to ask about your pay history (even in Massachusetts, where the law wonât take effect until 2018). Yet the attention given to the legal changes may give you more cover to duck the question. You donât need to mention the new laws explicitly, says Alison Green, a workplace consultant. Instead, say something like, âIâve always kept that confidential, but Iâm seeking a range of X to Y,â she advises.
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