It has been recently known that according to a report from Glassdoor released on September 19, 54% of workers opted to skip salary negotiation.
Now, this percentage isn’t set in stone across the board. It fluctuates depending on your industry and age, but one interesting tidbit is that it’s the same for both men and women. So, salary discussions know no gender boundaries, it seems.
The Glassdoor Economic Research Team pointed out that even though salary negotiation is a hot topic among professionals, it’s a bit tricky to gauge who’s taking the plunge and who’s staying put.
When you break it down by industry, the folks in advertising, marketing, and tech seem to be the most fearless in this arena, with 67%, 62%, and 56% respectively saying they’ve danced the salary negotiation tango. However, at the other end of the spectrum, graduate students came in at a mere 22% in the negotiation game, followed closely by accounting and law professionals at 37%.
What’s intriguing is how new laws surrounding pay transparency might impact these tactics. However, while there’s a growing push for pay equality, there are still some systemic barriers in place that hinder access to negotiation power. For instance, women often find themselves on the wrong end of the stick when negotiating for higher pay with potential employers, as per a new survey.
So, while pay transparency is a step in the right direction for bridging the gender pay gap during salary negotiations, it doesn’t address all the cards on the table. A recent study conducted by researchers at the University of Delaware underlines how job candidates differ in their approach to gathering information about a job and its associated salary. Traits such as assertiveness and competitiveness also play a role in influencing negotiation strategies.
In a nutshell, salary negotiation is a complex game with various factors at play. But one thing is clear: more people are taking the plunge and negotiating their salaries, and that’s a step in the right direction toward achieving fair and equitable pay in the workplace.
