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Men more likely to ask for & get a pay hike

While campaigners continue to fight against the widening gender pay gap and increasing rates of unequal pay, a new survey of 1,200 workers has found that men are more likely than women to ask for a pay rise.

Two out of three men polled by employment website CV-Library said they would be comfortable asking their employer for higher pay compared with just two in five women, who were found to be more concerned about negotiating working hours than salary.

More than half of the women surveyed (55.1%) said they would never negotiate their salary, compared to one in four men (40%) who had.

When both genders ask for more money, men are more likely to receive a higher pay rise compared with women, the survey also found.

“In this day and age, it is concerning to see that women are still holding back from negotiations in the workplace,” said Lee Biggins, chief executive of CV-Library. “Whether it’s salary, working hours or their job title, it is important to be direct with your employer about your needs.”

Biggins added that communicating your needs with your employer, whether that be hours or pay, should not be a “scary” prospect.

“They’re paying you to do a job well and will want to know that you’re fully equipped to do so,” he said. “Set aside some time and schedule in an appointment to put your stakes in the ground. After all, if you don’t ask, you don’t get.”

More than half of the women surveyed were likely to receive a pay rise of up to just 2%, while men were consistently more likely to get a pay rise of between 3 and 5% or more.

Even when it comes to negotiating a job offer, there are differences between what men and women tend to debate.

Women are more likely to negotiate working hours than men, with 56.4% of women saying they would debate job hours as compared to 40.9% of men.

Since 2017, companies with more than 250 employees have been required to report their gender pay gap, revealing the percentage difference between the average hourly earnings for men and women, which currently stands at 8.6% among fulltime employees and 17.9% among all employees, including those who work part-time.

The latest data reveals that men are typically paid significantly more than women in most UK businesses, prompting MP Rachel Reeves, chair of the Business, Energy and Industrial Strategy Committee, to say there is a “long way to go” if we are to tackle the gender pay gap.

News credit : Indiatimes