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How to Leverage NYC Salary Ranges to Get a Raise
Posted
September 30, 2023
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1,497
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September 30, 2023
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0:59Now PlayingWith salary ranges now required to be posted in New York City job ads, workers increasingly have access to information they can use to ask for more money.
Pay transparency has been pitched as a vital tool to close racial and gender pay gaps by giving new and current employees the knowledge to negotiate for equitable compensation. Similar legislation in Colorado has already increased posted salaries by nearly 4%.
Studies by researchers at Harvard University and Carnegie Mellon University show that women can be negatively impacted if they ask for what they believe they're worth. A separate group of studies found the same is true for Black workers, who are typically expected to negotiate for less than their White counterparts.
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