Seattle – January 14, 2016 – PayScale, Inc., the world’s leading provider of on-demand compensation data and software, today announced the publication of its 2016 Salary Negotiation Guide.
PayScale’s Salary Negotiation Guide includes negotiation advice from prominent career experts and analysis of proprietary data, collected from employees who successfully completed PayScale’s Employee Survey, about salary negotiation practices and attitudes.
The 2016 Salary Negotiation Guide is categorized by Research, Strategize and Negotiate. Some key pieces of advice that can be found in the updated Salary Negotiation Guide include:
- A step-by-step guide to negotiating a promotion by Lydia Frank, PayScale’s Senior Editorial Director.
- What HR wishes you knew about salary negotiation by Mykkah Herner, PayScale’s Modern Compensation Evangelist
- Negotiation tips from an economist by Katie Bardaro, PayScale’s Lead Economist
- Advice on how to bounce back from rejection and use it to your advantage from Lydia Dishman, journalist
- A breakdown of when you shouldn’t negotiate, by Liz Morgan, Lead Recruiter at LinkedIn
- Disproving the myth that women are bad negotiators, by Elizabeth Weingarten, Deputy Director of the New America Foundation
- Scripts for starting the salary negotiation process, by Aubrey Bach, PayScale’s Senior Editorial Manager
The full guide can be found here: https://www.payscale.com/salary-negotiation-guide
According to Lydia Frank, “Despite the fact that 75 percent of people who negotiate their salary receive a pay increase, the majority of people have still never asked for a raise. PayScale’s new Salary Negotiation Guide addresses the questions and fears workers have about the negotiation process, and provides simple, clear advice to help them advocate for themselves.”
The data include the percentage of workers who have ever asked for a raise in their current field based on a sample size of 31,000 people who took the PayScale Salary Survey in 2014. For workers who have previously asked for a raise, PayScale provides the breakdown of whether they received the amount they asked for, received a portion of the amount they asked for, or did not receive any raise. For workers who have not previously asked for a raise, PayScale provides the breakdown of reasons why they didn’t ask. PayScale provides the above information for Median Pay Ranges, Job, Industry, Degree Level, Generation, Major, State, City/Metropolitan Statistical Area (MSA).
Cloud software, crowd sourced data and unique algorithms power the world’s largest real-time database of rich salary profiles giving PayScale the unique ability to provide employees and employers alike immediate visibility into the right pay for any position. PayScale’s cloud compensation software is used by more than 3,000 customers including Bloomberg BNA, Cummins, Warby Parker, Clemson University and Signature HealthCARE.
For more information, please visit: www.payscale.com or follow PayScale on Twitter: http://twitter.com/payscale.