Salary Negotiations: Self-Empowerment, Self-Monitoring, Legislative Advocacy – Essay Example
The paper "Salary Negotiations: Self-Empowerment, Self-Monitoring, Legislative Advocacy" is an exceptional example of an essay on human resources.
The Center for American Progress showed that, in 2010, women earned 77 cents for every dollar men earned, which is a large improvement from earning only 58 cents in 1967 (Boushey, 2009, p.57). However, this rate of improvement indicates that it will take women 45 more years to eradicate the wage gap. Men and women should help remove the gender wage gap by negotiating for better salaries by self-empowerment, self-monitoring, and legislative awareness and advocacy.
These steps will help improve how men and women negotiate for better salaries. First, they must embrace their responsibility for managing their money and the power that comes with it, which Orman (2009) particularly highlighted for women. Orman (2009) argued that women should stop putting their financial welfare in second priority and become more vocal in expressing salary negotiation deals (p.234).
Second, men and women should boost self-monitoring skills. O’Neill and O’Reilly (2011) showed in their study that self-monitoring, or the ability to properly evaluate and respond to social situations, can improve promotions for women. If men and women can apply self-monitoring skills, they develop their chances of getting better salaries. Finally, they should support laws that make pay transparent and fair, so that gender wage gaps can be decreased. An example is being aware of the provisions of the Lily Ledbetter Act and how it can help employers become more aware of reducing wage gaps. Another example is supporting the Paycheck Fairness Act, a bill that would oblige employers to prove that pay differences do not have gender components (Kurtzleben, 2010). The act will also protect workers who talk about their salaries with one other (Kurtzleben, 2010). All these actions will help women and men become active negotiators of their salaries because they will improve legislative support while enhancing monitoring and financial management skills.