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Wednesday, September 1, 2010

Are all the young single/child-less women making all the dough?


Today, Time had an article regarding workplace salaries. Titled, Workplace Salaries: At Last, Women on Top.

It stated: "...As for the somewhat depressing caveat that the findings held true only for women who were childless and single: it's not their marital status that puts the squeeze on their income. Rather, highly educated women tend to marry and have children later. Thus the women who earn the most in their 20s are usually single and childless."

I can definitely agree that women tend to wait longer to start a family but I also find it hard to believe that young women in NYC, LA and San Diego make "17%, 12% and 15% more than their male peers..." because I think women have difficulty negotiating their salaries and asking for raises vs. their male counterparts. It can be a difficult task to bring up salaries in the workplace. There is a book I received at a networking event that discusses tips on how to develop a comfortable and personalized negotiation style as well as overcoming fear and gender stereotypes. It can really help to hear other success stories on this topic to help motivate yourself if you feel like you are at a disadvantage. However, if this article validates this trend, I will be curious to see if it continues to hold true in the future.

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