‘Don’t blindly chase percentage hikes’: A woman founder explains how a low salary becomes a ‘benchmark’ for professionals who may get stuck in an underpaid career cycle – FinSiddhi

‘Don’t blindly chase percentage hikes’: A woman founder explains how a low salary becomes a ‘benchmark’ for professionals who may get stuck in an underpaid career cycle

Beginning a career with a lower salary can have lasting impacts on employees’ earnings, especially if raises are based on percentages. This often means a continuous pay gap between them and their colleagues in similar positions. Simply switching jobs may not remedy this, as new offers often reference prior salaries. It is crucial for professionals to evaluate their market worth and negotiate salaries that reflect their true contributions.
Read more at Times of India

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.