JOURNAL ARTICLE
How to Negotiate Your Salary in the Age of Pay Transparency Laws: Six ways to navigate the conversation and get the compensation you deserve.
Published In: Harvard Business Review Digital Articles, 2023. P. 1 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Knight, Rebecca 3 of 3
Abstract
The article focuses on strategies for negotiating salary in the context of pay transparency laws, which require employers to disclose salary ranges to promote equity and close wage gaps. Experts highlight that while these laws provide candidates with valuable information and leverage, candidates should approach negotiations with thorough research, confidence, and a focus on mutual business interests rather than fairness alone. Key advice includes understanding the employer's pay bands and approval processes, clearly articulating one's unique value, and making concise, well-supported requests without prolonged bargaining. The article also cautions that negotiating above stated ranges is possible but requires strong justification and awareness of potential future salary limitations.
Additional Information
- Source:Harvard Business Review Digital Articles. 2023/09, p1
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2023
- Accession Number:171866591
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