Things To Do Before You Ask For A Pay Rise

The pay gap between men and women in the financial sector is estimated to be around 40-60 per cent. Find out how to close that gap and get what you're worth, now

Find out how much you're worth

Get an idea of the market rate for your role by looking at job vacancies for similar positions online or in the papers.

Find out how much you're worth

Get an idea of the market rate for your role by looking at job vacancies for similar positions online or in the papers.

Discover how much your company pays

Approach your HR department for a breakdown of wage categories. If you re concerned, download a form that entitles you to request key information from your employer. Visit equalities.gov.uk.

Make a stand

Have you done enough for a pay rise or highlighted things you ve done well? Your argument will have more weight if you can cite specific projects and tasks.

Believe in yourself

Act as if you deserve more money firm belief in your own worth makes others believe it too.

Learn to negotiate

Most women need serious practise at asking for more money. Remember, as long as you ask reasonably, your boss can only say no. Don t moan argue for a rise on the basis of your performance. Don t threaten to resign if you don t mean it.

Be one step ahead

What objections will your boss have if you ask for more money? Anticipate what will be said so that you have a good answer.

Have a face-to-face

Ask to speak to your boss in person so you can both understand the situation and agree what can be done to change it.

Get some support

If a chat with your boss doesn t work, talk to your female colleagues and gather support. If you feel underpaid or undervalued, chances are others do too. Lodge a complaint together.

Use the law

A trade union can help you fight for equal pay. They ll negotiate on your behalf and take legal action if necessary.