7 Best Negotiation Tips for Women

Negotiation is important! We don’t want you to be part of that 60% of women who never have negotiated their pay salary. No, this is not acceptable. It’s heart-wrenching to see women have been suffering due to the gender pay gap for a long. But not anymore!

According to a study, 19 states and 21 local municipalities have passed salary history bans laws. It will be ensured that the employees wouldn’t be asked for their past salary history to create a fair platform for both men and women to offer a salary.

It’s not like women don’t have negotiated ever. Some do, but they don’t succeed because of various fears, like awareness of possible career-limiting penalties or a bad working relationship with their manager. But the good news is women can negotiate without fearing of penalties.

However, the techniques would be different, and a few necessary skills would be required to master. For that, we have penned down the amazing 7 negotiation tips for women to help to earn fair compensation.

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• Understanding The Loss Of Not Negotiating:

Did you know? No-negotiation from your side is adding up to the annual salary of an average employee. Yes, you have heard it right! According to a Glassdoor study, no-negotiation from women employees results in a 13% pay add-on of an average employee's annual salary. You need to know your worth. If you keep skipping the negotiating part, you will end up getting paid peanuts. Think about it!

Be prepared:

It’s a necessary step. You need to research before stepping into a negotiating process. The more and better prepared you are, then chances would increase, and hopefully, the results would be in your favor.

For your help, here are some websites you can consult:

• 1.Payscale.com
• 2.Bureau of Labor Statistics
• 3.Glassdoor

You can also talk to your seniors about this or maybe research standard industry norms online to understand salary patterns and learn about negotiation challenges you could encounter.

• Find The Right Time:

Timing is everything! Finding the right time to hit at the spot is essential. Once you are done with research and got the idea of how things work, the next step is to plan your rightful approach. The factors like company performance, employee performance, and the external job market will greatly impact when and how to approach your manager.

• Pitch Matters:

A confident and comfortable pitch can raise the chances of 1% to 70%. If you feel uncomfortable while negotiating, then first you need to spend time and practice your pitch. Your pitch should be unapologetic, contain affirmative statements, and show confidence.

• Silence Has Power:

Go slow and calm. Don’t be pushy or immediate; this will not work. Negotiation is all about listening and putting your ideas forward. Some people take less some take more time to process information, allow it.

• Listen Actively:

Listening and nodding are two different things. After putting your points, do listen to what the other side person is saying. Make sure everything is without doubts. For that, don’t interrupt, use clarifying statements, ask questions, and withhold judgment.

• Don’t Give Up:

Not every negotiation will yield the desired results. You may have to face failure during the discussion. But that doesn’t mean you should give up. Take time, practice your pitch, and try again at some other time. Maybe some new opportunity is waiting for you outside.

Negotiating can never be an easy task until you grasp the main idea of dealing with backfired questions and statements. You should learn to validate your point of view.