Posts Tagged ‘ income ’

How Much Do You Make?

May 12th, 2008 | By Beauty Snob | Category: Sustainable Living
Rating 3.00 out of 5

 How Much Do You Make?If I asked you to post your job title and where you work, you would do it in a heartbeat. If I asked you to include your annual salary, you would never enter the numbers much less click “submit.” Perhaps you will just say “enough.” In today’s society, we see our income and spending habits as our own personal business. Perhaps we do not want to conjure up feelings of jealousy, incompetence, superiority, whatever. Money is a sensitive issue. If I want a nice new purse, I don’t care how much I make, because I will find a way to get it.

However, the Department of Labor is proving that not knowing what your colleagues make can hurt you. Time and again, we hear how women professionals make less than men’s salaries by 15% in tech and industrial businesses to even 35% gaps in sales. By not asking how much others make, and also not pushing for higher raises, we end up financially behind and undervalued.

It is time to start asking questions. Give your colleagues a call and talk privately about finances. Salary is an important topic to discuss so that you know whether you are being paid what you should be paid. If you are doing the same tasks and have the same experience as others, you should realize that you deserve just as much as them. Discuss with your manager or director about performance reviews, and push for more than the typical standard raise. You will not get what you do not ask for. Understand that you are an asset to the company and that you have a set of skills that they need. Be confident in who you are and what you do.