Let’s talk about money. I know, it’s a highly uncomfortable topic, but talking about it, among other tactics, is helping women increase their pay and reduce the wage gap. Compared to older generations, Millennials and Gen Z-ers have showed that they take more risks when negotiating salaries and ...

Let’s talk about money.

I know, it’s a highly uncomfortable topic, but talking about it, among other tactics, is helping women increase their pay and reduce the wage gap.

Compared to older generations, Millennials and Gen Z-ers have showed that they take more risks when negotiating salaries and are more comfortable openly talking about their pay than older generations.

In fact, according to the Randstad 2020 U.S. Compensation Insights Survey, about 60% of Gen Z and Millennials negotiate pay rates using other potential job offers as leverage with a current employer.

If you don’t have a potential job offer to negotiate with, that’s okay! Some people, over 50%, have admitted to lying about having another job offer to negotiate their pay.

Among other comparisons, the younger generation is more open to ‘job hop’ or “ghost” employers for greater pay than older generations.

As great as it is that women are becoming more open with pay negotiations, there is still a pay gap in the work force.

Talking about salaries and sharing that information isn’t common place, but if it was, it would help to eliminate the gap for good.a