Salary negotiation is important. The salary you command at the start of a new job impacts your pay for the remainder of your time with the company, and possibly beyond. Over time, not negotiating can cost you hundreds of thousands of dollars in lost pay. Furthermore, people who ask for raises earn more than those who don't. We know that women are less likely to negotiate than men, but gender can also impact negotiation from the other side of the table. Recent research suggests that men negotiate differently when their boss is a woman.
According to the Bureau of Labor Statistics, 248,760 Americans held the job title "Chief Executive" in 2013. As leaders who are (at least theoretically) responsible for making some of the most crucial decisions involving a company and its workforce, Chief Executives have at times singular amounts of authority, privilege, and responsibility. They are compensated accordingly, usually with salaries clocking in at a minimum of six figures. In the U.S., for example, CEOs earn an annual median salary of $153,353, according to PayScale's Salary Survey, which includes 6,674 CEOs.