Pay Gaps and Compensation Confidence

In a recent study by the Institute for Women’s Policy Research (April, 2012), the news looks better for women in the 20 most common occupations for women. On average, women earn 82.2% of what men earn. In software development, applications and system software, the percentage is even higher: women earn 86.4% of what men earn. But the percentage of female workers in this occupation is only 18.1%.

Getting What You’re Worth

Salary negotiation is a hot topic right now. This article in the New York Times has some good reminders for women specifically about negotiating for a fair salary, and describes some of the pitfalls women fall into. One of my go-to financial blogs Get Rich Slowly has numerous posts about the importance of salary negotiation. One important point these writers make is that it is always a good idea to negotiate. Regardless of what the employer offers, ask for more, and be willing to work for what you think you’re worth.