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Fair Pay Every Day Tools for empowerment

Here’s a comprehensive framework that women in Northwest Indiana (or any region) can use to research their pay rates, identify potential pay disparities, and advocate for pay equality. This framework is designed to empower women with the tools and knowledge needed to take actionable steps toward closing the pay gap. The Crossroads Regional Chamber of Commerce is located in Lake County, Indiana, and represents businesses within Northwest Indiana and beyond the Region.

 

  • 1. Begin Your Research

  • 2. Evaluate Your Current Compensation

  • 3. Prepare for Conversations at Work

  • 4. Create a Plan for Pay Equality Discussions

  • 5. Take Action and Advocate for Yourself

  • 6. Empower Yourself with Knowledge

Begin Your Research

Start by understanding the market rate for your role within your industry. Use resources like Glassdoor, Payscale, and LinkedIn Salary to gather average pay data for similar positions in your field and region. Be sure to filter by industry, experience level, education, and certifications to get a precise comparison. Additionally, if available, review your company’s internal pay scales or salary bands, or consider reaching out to HR for general information on how pay is structured.

Evaluate Your Current Compensation

Break down your current compensation package, including salary, bonuses, benefits, and perks, and compare it with market data. Look for any discrepancies between your current pay and industry averages, considering your contributions, recognitions, and the impact of your role. Also, assess the value of non-monetary benefits like flexible hours, remote work options, or additional vacation days, as these can affect your overall satisfaction and total compensation.

Prepare for Conversations at Work

Document your value by compiling a list of achievements, skills, and contributions to the company, with quantifiable results, like revenue generated or project completions. Use market data to frame your conversation, demonstrating how your compensation aligns with or diverges from industry standards. Practice negotiation skills with a trusted friend or mentor to strengthen your approach, ensuring you’re ready to introduce the topic, respond to pushback, and maintain professionalism.

Create a Plan for Pay Equality Discussions

Choose the right timing, such as during performance reviews or following a significant achievement, to discuss pay equality. Define your goals for the conversation—whether it’s a raise, promotion, or better understanding of pay structures. Prepare for different scenarios, including both positive and deflective responses from your employer, and determine your next steps based on each potential outcome.

Take Action and Advocate for Yourself

Initiate a conversation with your manager or HR to discuss your findings and request a review of your compensation. Set a timeline for follow-ups if immediate changes aren’t made, and plan to revisit the discussion periodically. If internal efforts don’t lead to fair pay, consider seeking external support from professional organizations or labor unions, and understand your rights under relevant employment laws to explore alternative solutions.

Empower Yourself with Knowledge

Stay updated on industry trends, pay rates, and best practices for negotiation by regularly researching your field. Educate yourself on relevant laws, such as the Equal Pay Act, to know your rights regarding pay equality. Network within your industry to share information, resources, and strategies with peers, building a support system as you advocate for fair compensation.

This framework is designed to empower women to take control of their financial futures by understanding their worth and advocating for the compensation they deserve. It encourages thorough research, strategic planning, and proactive action, all essential components in closing the pay gap.