Glassdoor examine: Gender pay hole stays a problem for 41% of employed girls

63% of girls say the Nice Resignation offers them extra leverage to barter pay, however extra transparency is required.

In the present day is Equal Pay Day, which comes on the heels of Worldwide Ladies’s Day Tuesday, and a brand new examine finds that 41% of employed girls consider the gender pay hole is a major problem at their firm.  Nonetheless, girls are feeling extra emboldened. The study, by job site Glassdoor, additionally revealed that almost all (85%) of employed girls consider they deserve a pay improve and 63% consider the Nice Resignation offers them extra leverage to barter their pay.

Half of the employed girls surveyed negotiated a versatile work schedule after receiving the preliminary job supply for his or her present job, whereas 43% negotiated pay, based on the examine.

Whereas progress has been made to shut the gender pay hole in what women and men earn in the US, there’s nonetheless extra work to be completed, Glassdoor mentioned.

SEE: The COVID-19 gender hole: Why girls are leaving jobs and the right way to get them again to work. (free PDF) (TechRepublic)

Larger pay transparency is required

It begins with better pay transparency. Whereas the examine discovered that almost half (45%) of employed girls mentioned they really feel snug sharing their pay with a coworker, just one in 5 (29%) have really completed so.

Over half (63%) of U.S. staff mentioned they like to work at an organization that discloses pay data, but solely 19% of staff reported that their firm discloses pay ranges internally amongst all staff.

On-line, nevertheless, pay discussions are rising. On Glassdoor, over half (51%) of worker opinions point out pay, +9% year-over-year. Nameless opinions are an essential device for wage transparency, however there’s extra room for progress amongst staff and employers to assist shut the gender pay hole, the corporate mentioned.

Inside firms, multiple in 4 (28%) staff mentioned their firm discourages them from discussing their pay with coworkers, based on the examine.

“Though progress has been made to slim the gender pay hole … there’s extra work to be completed so long as pay gaps exist for all girls, mentioned Alison Sullivan, Glassdoor profession developments professional. “Larger pay transparency is a crucial device in closing the pay hole. If we need to see significant change by Equal Pay Day subsequent yr, it’s crucial that each staff and employers not solely destigmatize the pay taboo however actively encourage and take part in pay discussions.”

Obstacles stopping progress in pay fairness

It’s essential to acknowledge that ladies are negotiating – almost seven in 10 (68%) employed girls have tried to barter their pay, whereas almost six in 10 (59%) reported being profitable. For the 32% of employed girls who mentioned they didn’t negotiate, Glassdoor requested what would stop them from negotiating their compensation and uncovered a handful of limitations. They embody:

• Concern of being denied (34%)
• Concern of shedding their job (27%)
• Not having sufficient details about honest market compensation for his or her function (25%)
• Not realizing the right way to negotiate (25%)
• The potential for a damaging affect on future profession alternatives (e.g., not getting assigned to key accounts/tasks — 22%)

Greater than 4 in 5 (85%) employed girls consider they deserve a pay improve, and the excellent news is that data round pay is extra accessible than ever, based on the examine. For example on Glassdoor, job seekers and staff can see industry-level, company-level and localized salary and total compensation data.

SEE: Guidelines: Return to work (TechRepublic Premium)

Seize the second

One other large takeaway from this information is the Nice Resignation’s affect on boosting staff’ confidence of their work and their price, Sullivan mentioned. “Individuals must be seizing this second of employee energy to come back to the desk to ask for extra pay.”

Because the COVID-19 pandemic continues, increasingly more staff are quitting their jobs to discover new or higher alternatives. On this job seekers’ market, employers are desirous to recruit and retain expertise and oftentimes are prepared to supply prime greenback to sweeten the deal, based on the examine.

Some girls are rising to the event: 63% of employed girls mentioned they consider the Nice Resignation offers them extra leverage to barter their pay, the examine mentioned.

“Employers are prepared to pay prime greenback to get expertise to remain or come onboard, and job seekers and staff ought to use that leverage to ask a present or potential employer for extra money, mentioned Daniel Zhao, Glassdoor senior economist, in a press release.

He suggested that “when negotiating, all the time pair particular examples of your job success with information in your native market worth. Whether or not you’re about to simply accept a brand new job or making an attempt to land a increase, data is vital to negotiating extra money in your pocket.”

The survey was performed on-line inside the U.S. by The Harris Ballot on behalf of Glassdoor from Feb. 15-17, 2022, amongst 2,025 adults ages 18 and older. Amongst them, 847 reported being presently employed full- or part-time.