To better understand the various effects that contribute to the gender pay gap, it is helpful to be familiar with the Comparable Worth Index. In essence, it states that as women's occupational requirements increase, the wages do not rise as much as in comparable jobs for men. In “male”occupations, wages increase by 6.4% for every higher requirement, and only 4.7% for women. Many do not know about this - and that’s why we dedicated an article to this subject.
Salary negotiations are not rocket science. You simply need to do your homework before you enter this particular negotiation. This includes looking up industry averages. And preparing a succinct line of argumentation, outlining how you can contribute to your future employer’s success. We show you how.
There is a lot we can learn from lifestyle brands. They position their company very well - and so can you! All that it takes is a little self-branding effort. Think of yourself as a virtual brand, a person whose online profile impacts which kinds of jobs and other opportunities she / he will be offered.
Who is a role model? It can be someone that is very much alive (Lady Gaga, anyone?) or someone that has lived in a previous century (Nofretete, the Egyptian queen? Hypatia, Hellenian astronomer, mathematician, and philosopher?). It does not matter. You can have several role models or only admire one.
Without an adequate human capital it is very hard to achieve financial capital. Human capital is the current value of your future earnings. Therefore investing in your human capital pays off in the long-term. Staying up to date, learning new things and connecting with other professionals and humans increases your human capital day by day.
Starting your first job is the ideal moment in time to develop healthy money management habits. Once you have signed your very first employment contact and negotiated your salary well, take the necessary steps towards financial wellbeing. The article explains what to pay attention to. There are so benefits to getting started early - read on.