How To Ask For A Raise, According to a CEO | NowThis
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- čas přidán 10. 09. 2024
- ‘Get comfortable asking for what you’re worth.’ - Bank exec turned CEO Cate Luzio wants to help women ask for a raise. In partnership with Time's Up.
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In US news and current events today, Luminary NYC CEO Cate Luzio sat down with NowThis News to explain how to negotiate your salary as a woman and get that pay raise you deserve. If you're not a business insider, asking for a raise can be daunting. Salary negotiation can be a mine field but with Luzio's advice, you'll be closing the pay gap in no time.
#Women #Money #Raise #Equality #PayGap #News #NowThis #NowThisNews
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I asked, and i was refused a raise even tho people under me were making more. So i quit the day after i asked.
well what's the rest of the story? did you end up getting a gig where you were paid what you were worth? how long did that take?
@@nnmartin94 yes actually. I work for another job that pays me more now. It only took me about a month of looking. That was in March 2020
@@btc54723 Yep that's often what you have to do. Well done for taking action.
How did you know what others were making? Were they open to talking about it?
You did the right thing.
As a man I wish I had been given this confidence earlier in my life. I think it’s valuable to all who are willing to give that extra push in their workplaces.
Bibi
Heading into that one on one conversation in about 2 hours, this was exactly what I needed for some extra confidence!
Hi! how did it go?
We need an update!
@@christinat8176 she was probably lieing or didnt get it
@@BoviDaze It's all right, she was fired
6 months into that conversation!
This is a very interesting and informative video, thanks for sharing this here.
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Happy to meet Sherman Williams Trading, an expert I saw at a seminar and my life has changed since then
Wow, I stumbled upon this comment after watching this video and it makes me happy to see people talking about my manager like that.
I've made a lot of profits from him since I started investing with him.
I am living proof that Sherman Williams Trading is good when it comes to crypto investing
I give a lot advice to women on how to get over their fear or lack of self worth. Some of the finest, most dedicated employees I've ever had were women who always put themselves down. Build yourself up and sell yourself! If you dont, nobody else will.
extra tips, don't wait until you are 45 years of age to have the chutzpah to ask for a raise when you've been in the company for 15 years and had only relied on yearly micro raise. My mother did this last decade.
And, ladies ask for a salary raise when you've been on maternity once or twice in recent times and you've only been back for 3 months at your own perils. The rebuttal will be swift and brutal and could even be followed with mockery. Be smart about this , time and timing are crazy important.
and keep track of the glowing reviews of other managers, when those are in writing but more importantly compare your current salary with that of a new employee online because chances are if you've been in the company for sometime you haven't noticed that the same job offered at the same company has a starting salary that's even superior to the one you are earning at the present time. If proven right, you can effectively demand for the salary to be adjusted accordingly but insist on keeping your bonus.
to me the whole point of asking for a raise is a waste. i would spend that energy in finding another job.
@@asadb1990 what if you enjoy that job?
@@asadb1990 Asking for a raise is much easier.
@@avapilsen no its not. you have to justify your raise. and then also bear the rise of workload because you are making more. on the flip side at a new job, same or less workload and you are automatically paid market rates. most bosses will never adjust salary to market rates.
@@asadb1990 You don't always get more responsibilities if you want higher pay.
She is wrong this is for everyone. Thank you so much I asked what I could do for a raise and everything she said was true. I might have not gotten a raise but I now know what I can do and I am going to achieve it. Thank you again
The bottom line is you should have another job ready before ask for a raise. So you'll be able to walk away- which is the strongest negotiate position.
Very well articulated. Appreciate!
Cool,
Now I just need to find a job.
I’m getting a dry promotion on Monday and really wanna push for a salary raise so that I get compensated for all of the additional work that I am being given. I know the number I want, the number I currently have, and the number they’ll most likely try to pay me. Talking about a wage gap 😂 I’m not confident but I’ll really come prepared
Me too mine is on Monday
Im a male, and ive never asked for a raise. Im just now learning rhat you have to ask for it, lol..
Nope. No one should have to ask what they deserve employers need to start adequately paying upfront instead of short-changing people.
That's not how life works
That’s how it should be, but we can talk all day about how others things in life should be different. Abused is to be expected; therefore, build the skills to overcome that adversity instead of complaining about it. It’ll make you richer
IF YOUR A HARD WORKER AND KNOW YOU DESERVE A RAISE-
GET A "PROFESSIONAL" FRIEND TO CALL AND "CHECK" YOUR REFERENCES!
THE BOSS WILL GET WORRIED IMMEDIATELY IF YOUR VALUABLE!
ASK FOR $2! SETTLE FOR $1!!!!!!
Trying to hype myself up and do it tomorrow
This was fantastic. I have my meeting tomorrow n I watched ur video 3 times to give me ideas. Thank you
I just get confirmed at the job I work currently, when there was no raise and salary revision as they promise, I accept it because im too afraid to ask. And now I’m unhappy with regret
I talked about why i need it because any argument I could have about deservedness was quashed by them stating all my value and then labeling it with a number i found too low.
I’m going to do it today 🥹 wish me luck
Look for a new job and ask a higher salary is the best way to increase your salary fast. most people have the bad habit of being scared and not feeling comfortable changing workspace.
If they dont pay me what I deserve, I do bare minimum work and quit as soon I get a better offer by another company
The pay disparity is a bit more complicated than a blanket statement that women make $5B less vs. men. There are countless factors at play.
However, I do agree women need to improve their confidence in the workplace...they are just as good and many times better than the boys at their job.
Also, plenty of nonconfident men out there struggling for a raise or promotion...this is really for all people.
Excellent video. Now I’m more knowledgeable about asking for a pay raise from my employers.
I am a dude and I haven't asked for a raise for a while... :/
Great video! I'm gonna use it in a business class and credit you. Thanks!
Its less about women not having good raise.
Its more like me, not having a raise or anyone
I wish I were that confident!!
Huh, I work alongside three women, doing the same work, and my company refused to give me a raise to match their salaries.
Find another job?
@@avapilsen that’s the plan!
I finished my training and have not received a salary review unlike my colleagues who got salary review and it was the double amount. So i need this to face my manager
Don't trust that CEO
She fired me...
After i asked for a raise
Really?
Someone can't fire you without reason. That's why there's HR.....but, at least you can take that advice to the next job opportunity.
Francisco Maria de Sousa Unionize
Asking for a raise is not a good reason for your employer to fire u.
What's the company name? And what was your position?
As a guy with ASD, I often have hardships in many social situations. I always thought I was underpaid in the software engineering field, but I’ve never asked for a raise ever. I really appreciate this video because it definitely gave me the confidence to speak to my boss about it.
I also just watched Barbara Corcoran’s tips on asking for raises. Super thankful for the ladies who give these awesome career advices. Let’s all push for better pay so everyone is able to feel equally valued 😃
Nice video !
I suggest that you make a video on how to ask for a employment contract renewal in the presence of multiple generous job offers on the other side !
How to politely ask for a salary raise and leverage the whole situation ...
Thanks a lot
Wow, this is such a straightforward and helpful video! Thank you, Cate 👏
We definitely gotta support each other.
When I managed people, women did ask for raises. I still said no sometimes but there wasn't any harm in asking. However, by asking, even if the answer is no, I at least knew it was important to them and can make introductions or allocate future equity increases.
Out of curiosity, what were some of the reasons you said no?
May not be applicable to Indian market, In India, sadly, nothing happens unless you put down the papers! Period! So if you are confident, speak with your manager first, then wait for their response, if no, apply , get offer and put down the paper, and switch! Any other opinions are welcome!
Is it inappropriate to ask my coworkers their salary if we’re not very close “friends”?
No. Always ask, just make sure you "ask" and not demand. Make it easy for them to share their salary (in a private setting like lunch)
I hate how there's this unspoken rule of an _employee_ having to be the one to ask for a payrise.
Like, isn't it obvious that everyone needs pay rises? Even if it's just to keep up with inflation so you don't suffer so much.
Why is it up to the puny individual to barter against the almighty powerful business? No wonder people are afraid to ask...
As a scientist doing almost impossible R&D successfully for less than market minimi, this is a video I come back to.
My manager agreed to a raise and then when it was finalized black on white he only raised my salary by half to what we agreed to! So i did not sign and mentioned our agreed amount which he denied to HR. Currently i'm sick and not in a state to change jobs but till this day i have not forgiven him or can even look him in the eye and take him serious.
I search for How to as for a raise and the first thing I hear is "Women aren't earning what they deserve".
So now I have to add Man to every google search?
God!! I hate how everything is a gender issue now.
What makes you think every man is making what they deserve?
Why can't you just say nobody is earning what they deserve?
Or is it illegal to be a man in this era?
Seriously
Exactly my thoughts. Still good advice, just wish she wasn't acting like it only applies if you're a woman.
Plenty of people are making more than they deserve too.
Thanks you for sharing very helpful .
Thank you , this was really motivating and helpful
The timesheet that shows you're never late?? Is that really what matters?
Thanks for helping a guy out! This was great.
Thanks a lot, Ma'am 👍
So helpful and encouraging thank you!
Women shouldn’t have to ask for a raise. It should be automatic that the salary is honest, decent, clearly above the “living wage” and appropriate. The problem is not on them. It’s on the system that tried to pay the least (“market price”), and makes us work the hardest legally possible.
To be fair both genders shouldnt have to ask. Why do you specificly target women? We need to break down sexist barriers man.
mattemo. Why only women? Well I used to think like that too. I understand where you’re coming from. It should be for everyone, women, men, minority, disabled, and others who are not treated fairly. The focus is on women because this video is saying women need to stand up. And universally and historically, women are the largest group who are subjugated concerning this topic/situation of fairness in labor and society. Ya tradition. Why are they the biggest? Because women amount to 50% of the global population - almost in every nation.
@@ChicagoTurtle1 well really it is depending on the century and society that women are treated less then equal. I would argue the ancient chinese treated women as equals (yes disney mulan is wrong) as well as many african and pacific ocean tribes. But i get your meaning is europeans. In regaurds to europe i would argue women were treated equally in the druids and even vikings. Just not under the romans or societies that spawned from the dark ages.
I would have ro say it should be all because i would say atleast 30% of men also dont speak up for justified raises. I know i dont because i get too nervous and am an introvert.
mattemo. Ya some societies are more fair and some really respect women. I think of the Etruscans, Basques, matriarchal societies, and other indigenous communities as well. But in actual pay compensations, it’s been documented that it’s clearly lob sided.
@@ChicagoTurtle1 i get you. I dont think the people who do the data facter in overtime hours that men put in more or maternity leave that women take which skews the numbers some but over all i agree thier is a descrepency because as a whole women dont ask for more. I jist dont belive it is nearly so wide because they dont take in said factors. They also group all jobs together and divide it. Which is a disservice and skews the numbers too. Since trades make alot and traditionally women after the dark ages dont want to be a pipe fitter or other trade. Even when they make a ton.
Fantastic advice!
Ah I needed to hear this!
If the salary gap is that wide then why don't all business owners higher only women?
I’m asking but I have a disability accommodation. I’m now the lowest paid person. They shamed me the last time I asked and now they’re moving me into a new role….without a raise
Man here I need to implement this
I've got a meeting with my manager in a months time, I sat down with him yesterday to say:
"I wanna go from here to here, when we sit down in a month I'm going to need a clear set of goals and objectives for the following six month that I can hit in order to show I can do it"
Basically if you not promoting me in a months time, we need an agreed set of targets that you need me to hit. If in another six months if I hit them and still don't give it to me, then I still got a list of achievements I can tell another employer in a job interview.
Good msg. Thanks!
May I chime in?
Create a cool PowerPoint presentation then ask to speak to bosslady for an hour meeting. In this presentation, list your duties when you started compared to now, then list reasons why you deserve it, then list how much money youve saved the company, then ask for the $ you're hoping for.
Trust me! Your bosslady will be impressed that you even created a PowerPoint for it. Get creative & show your skills all with pop-up text and cool bubbles!
You're welcome and good luck,
Sadie
If I should tell anything, what managers are doing? Online shopping?
Don't fear. , these are professional ethics
Thanks. I get the raise
Okay this is gone sound weird but why is this only about women I searched cause I wanted some information about how i can get a raise in pay and this showed up. Don't get it twisted but I feel like they should change the title
Why is this video solely about women the title is misleading
I did ask for a raise, more than once. That's not the problem. Bosses are greedy.
Let's get it
Did Now This just dropped a red pill on the womans?
Not really a red pill when the ideas for pushing for more income have been initiated by many powerful women for decades you know.
It's just that many conservatives now suddenly catch up to this idea and they think that when somebody does it now it's "Red Pill". But in fact it's been there all along.
You know, like Cornrows on white people now.
Why does it have to be about men or women? It should be about people. Also in my personal experience, most women I have worked with, have been vocal and direct, more than men. I think you are underestimating women.
Agreed. Women make less than men on average for many complex reasons. Jordan Peterson explains it well.
Sure, but you made me curious, who is this average man who made 500 billion dollars last year and what's his business? I want my cut.
Should have put "*women" in the title.
yes,sir
So good , I wish I could like it twice.
So well said! Everyone needs to hear this
Braging is bad advise...
Why should you? Get another job and leverage your current pay. Move out to move up. If the company you work for values you, they would pay you a satisfactory amount. If they want you back, they can negotiate.
If you're not being paid what you're worth, your company does not value you. Why do you want to work for someone like that?
This women really be teaching all these women out there to bet for pennies instead of empowering them to gtfo Nd get a better job. THIS is why you're underpaid if you're wondering. Never stay at a job for more than 2 years unless they give you a promotion and a pay raise. Always leverage your current pay when applying for new jobs.they will replace you in a heartbeat if yhey can find someone cheaper and smarter. Don't beg for scraps.
great subject.... so ruined. Are only women encouraged to ask for a raise? Could it be slightly sexist, not mentioning the means?
I'm captivated by every word. I read a book with similar content, and I was completely captivated. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
Next day she had all her female staff asking for salary loool
Remember, the price for not having children MUST be high to numb the emptiness that comes later ;)
Fantastic advice. Not just for women though.
Problem..my fiances boss is a woman as it is..any way will still use this advise
NowThis, do you actually think that awful music is improving your video? I find it annoying myself!
There are such things as NDAs inthe contract that prevent people from disclosing their salaries...
Where I’m from they’re not legally allowed to keep employees from sharing their salary. Idk if that’s just California.
theres a federal law that protects salary discussions
It sucks that in the real world, women keep pushing down women. Like what’s so difficult about sharing your salary
As a woman maybe you don't have to talk about why you need it. But as a guy it has helped me to mention things like "I need to sort out my living situation" etc.
What lol
Why ask for a raise, when you can make at least 30% more from job hopping?
Even men are not earning and asking for higher salary
somewhat gender specific regarding topic...
So this CEO - a person who never has to worry about her job stability or income - is telling peons how to ask for a raise...get real. I swear, women CEOs are losing brain cells every day.
“Don’t”
Your picking data. This is a bad information.
Как я сюда попал то?
women also worked 500 billion less
I am sure, she is just saying this infront of the camera.....she too wouldn't give a raise!
Why can’t this video be for men and women.. smh
I need some dollar I from India...can anybody donates me if it is possible..I know for an stranger nobody wanna to give but if it is possible so plz reply me
Nice clickbait
...and if you're black... then that's a different study and story Wesley Snipes
First thing you could do, is actually earn your keep.
Earn more than that
men, women... c´mon we are here to get motivated, not choose sides...
BS!
Not asking? Lol, companies are just greedy.
anyone else here a guy trying to get a raise?
I’d better find another job
Asking for a raise is always more polite and professional imo. If u tell your boss u need one u may come off as demanding and rude and then u definitely won't get one. Your boss or how ever many bosses u have men/woman always remember the hard work u do for them but they also always remember the negative behavior u have towards them which eventually leads to signs of negative behavior from them towards u.