salary Tag Archives - General Assembly Blog

How Prohibiting Salary History Questions Can Help Close the Wage Gap

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Ban Salary History Pay Gap

For HR leaders, especially those who focus on talent acquisition, making fair and equitable salary decisions is a daily struggle, and one that can frustrate even the most experienced leaders.

It is common practice to make compensation decisions based on salary history. When considering costs and the bottom line, companies are often tempted to leverage opportunities to pay as little as possible for a role, offering whatever a candidate will accept — and not a penny more. This is true for many industries, but especially in tech, where salary data is scant due to ever-changing programming languages, skills, and platforms. Continue reading

6 Tips For Negotiating Your Salary

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Essential-Negotiating-Strategies

If you were offered $2 million right now, no strings attached, would you take it? Of course, you would! But did you know that you may have already inadvertently said no thank you to this offer? Author Linda Babcock writes about salary negotiation in her book Women Don’t Ask: The High Cost of Avoiding Negotiation—and Positive Strategies for Change. She states that when an employee fails to negotiate salary early in her career, it could add up to as much as $2 million in lost wages over the course of a lifetime.

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