Tag Archives: job search

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Why more women need MONEY as a VALUE & its BENEFITS!

03b62859Having being a career coach for well over a decade and worked with a diverse range of clients from various industries and professions  (men and women), more often than not it is the men who include money in their list of core values. Occasionally women will, however, only very occasionally.  Why is this?  Below I have offered some thoughts.

Values Defined

Values can be seen as blurry things. If you need a refresher then below is a great descriptor of what values are from MindTools.

“Your values are the things that you believe are important in the way you live and work. They (should) determine your priorities, and, deep down, they’re probably the measures you use to tell if your life is turning out the way you want it to.”

 If you are not sure what your core values are read ‘How To Define & Live Your Values’ and complete the values exercise.

Values & Greed!

For women it seems that having money as one of your core values could possibly translate into the view that your greedy. Is this perception or reality?  I suspect a combination of the two.

When I coach  men in their 20s – 50’s about their values in detail and what this means to them, and how it is played out in their work and lives, more often than not money translates into them being able to provide for their current or future families. And no, it is not a luxury yacht, expensive cars or endless overseas travel. It mostly is around having food on the table, paying the bills, a comfortable lifestyle and being able to educate their children.  No doubt part of this also relates to status and a sense of self-worth.

So while certainly greed exists, I would suggest for the average person, they are looking to have a personally rewarding career and lifestyle. Is this greedy?  I don’t think so. However men are much more comfortable with acknowledging this personal value, and articulating it publicly. For many women this is not the case. In addition, men generally are better at putting a fair or inflated monetary value on their contribution in the workplace.

Is it that it is not socially acceptable for women to acknowledge (which I believe is a part of it), the other is that women are just as likely to want the same output in terms of what money as a value offers.  However, are less likely to acknowledge it – be it on a conscious or sub-conscious level. As a result this could potentially be contributing to pay inequality, with men four times as likely to initiate the negotiations as women.

My suspicion is that if you don’t talk about or acknowledge the importance of money in your life from a growth and opportunity perspective, you are less likely to find yourself in a positive money situation.

Choices

Money is one of my core values and the reasoning is not one of greed.  For me it is twofold, when I work I expect to be paid fairly for the work I do, as this is a part of me defining my self-worth. Secondly, I know that as a child of a migrant, that money provides you with choices.  My husband and I lead a far from lavish lifestyle.  There is no designer car or high end fashion. We travel rarely and when we do it is in our own state. However for me the value of money is there because like most parents we hope to be able to offer our children the best education we can. I would also like to know that when retirement comes we will lead a comfortable lifestyle where I can continue to do voluntary work within the community. Is this greedy? No, it is a case of money offering choices.

Women’s roles & money

In an age where we have more women working and more separations in families, women’s roles have extended greatly, be it the sole, equal or shared income contributor. Yet this is not translating into equal salaries.

There is an element of denial in how important money is to our lives particularly by many women. Not so much when it comes to shopping, saving or the household budget, more around how the money is earned! The spending part is easy for us all to speak about. The how and valuing how hard it is to earn is the challenge. Also, valuing our contributions and asking to be paid more when warranted!

Last week I met with a friend who is a contender for a senior role and has pitched herself in the middle range of what they are offering – even though she is brilliant and should be pitching herself at the top of the pay scale! Sadly it is a common scenario – a women undervaluing her expertise and the value she brings.

Like me, you have no doubt heard the saying ‘If you do what you enjoy and do it well the money will follow’. I am not so sure about that. Perhaps for some, however, for many others this does not translate into their reality.  I can tell you this from countless stories of women who spent their careers being loyal and working hard to deliver value to their employer/s and not being paid fairly for doing so.  So we can carry on with this mantra or we can acknowledge that the world of work and pay is not about what is fair and rewarding those who do a good job.  The onus is on us to value ourselves and to speak up.

I would love to see a mindset shift around how women define money as a value for their work and lives.  Once this occurs we may start to see some even greater traction around pay equality.

Steps for Change

Chances are if you are reading this you may sit into one of the groups below or know someone who does that you would like to help.

A) For those unsure of their core values:

If you are keen to explore your values in more detail, complete my values exercise ‘How To Define & Live Your Values’ and complete the values exercise. 

B) For those with money blockers:

If you know what your core values are, however have been reluctant to delve more into your value and attitudes towards money watch 4 Money Beliefs That Limit Your Wealth Inside and Out w/ Kate Northrup 

C) For those wanting to negotiate their salary:

If you feel you are not being paid fairly and want to learn how to successfully negotiate your salary package, get a copy of my book ‘The Busy Women’s Guide to… Salary Negotiation’ from Amazon   It’s less than $10 and pretty much everyone who has purchased and followed the steps has seen their bank balance and their confidence grow.

Your thoughts

What are your views and/or experiences around women and money as a value? How have you changed this? What do you believe women need to be doing more of to overcome some of the money blockers we have?

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Salary Negotiation Essentials For Women! Get Your Free Book

Equal Pay Day in Australia is being held on the 8th September 2016.

If you are not confident, or unsure how to approach the salary negotiation conversation, you can access my e-book ‘The Busy Women’s Guide to… Salary Negotiation’ for free from the 7th – 11th September.  Normally US $4.99

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Some of the factors that contribute to wage inequality will not be easily resolved and will take time before we see real changes. However, there are a few areas women can take control of to assist in addressing the pay imbalance.  Salary package negotiation is one.

Many women are uncomfortable with salary negotiation – and avoid it. As a result, over the course of the average women’s career she is likely to forgo $700K in earnings!  Yes, that much.

It is never too late to gain the confidence and skills to engage in a successful salary package negotiation conversation and boost your earnings.  Remember everything is negotiable!

If you feel you are not being paid fairly, I encourage you to download a free copy of my e-book The Busy Women’s Guide to… Salary Negotiation 

Invest in yourself, because you are worth it. 

Note: The book is complimentary from the 7th – 11th September on Amazon, Kindle. You don’t need Kindle to download the book.


Also Don’t Miss Out On My Free Salary Negotiation Webinars in September, a chance to delve into Salary Negotiation Essentials and ask questions.

“How to Successfully Negotiate Your Salary Package. It’s Easier Than You Think! “

Is your career lacking direction? Unsure what you want to be doing next?

Find out today how a Career & Lifestyle Strategist can help you.

As a Career & Lifestyle Strategist  I offer three forms of client support:

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Not ready to engage a Career & Lifestyle Strategist?

You can get started yourself today with my Two Free Career Guides that will enable you to reflect on who you are and what you want your work and life to look like moving forward.  

  1. Personal Awareness & Worklife Reflection
  2. Worklife Analysis & Career Exploration

Visit my store on Selz to download your free guides today 

When should you engage a Career & Lifestyle Strategist?

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Client profiles

My client’s professional backgrounds are varied from lawyers to chief financial officers, public sector professionals, doctors, investment bankers, vets,  not for profit professionals, chief executive officers, marketing and sales executives, MBA students & alumni, PhD’s, through to business owners and IT professionals.  You can read some of their testimonials here. 

Booking a session

To make a booking contact Kelly Magowan on 0417 330 673 or email kelly@kellymagowan.com

I work with clients virtually using Skype (kellymagowan)  in addition to meeting with clients at my offices in Melbourne’s CBD and Richmond.

September Events for Women Looking to Negotiate Their Salary Packages!

02B77839Equal Pay Day for Women in Australia is held on Thursday 8th September. 

During September I am running Salary Negotiation Events & Webinars for women looking to develop their skills in this area. Why? Because the pay gap is sadly nearing 18%. The gap only increases the more senior the role you hold, upwards of 20%.


Breakfast Event: NAB Village, Melbourne, 8th September  (limited spaces) 

‘How to Successfully Negotiate Your Next Salary Package Increase & Earn An Additional $700K+ Over Your Career!’

If you haven’t negotiated your salary package lately or ever – then this presentation held on Equal Pay Day for Women is a must attend.

If you want to be working smarter and increasing your earning capacity at the same time, this presentation will equip you with the tools and confidence to do so.

Some of the reasons why women resist engaging in salary negotiation and career promotion conversations include; our different personality types, social conditioning, overvaluing competency, over-thinking the process, lack of confidence and simply failing to act. Without acting nothing will change.

Come along to an informal and interactive session with Kelly Magowan, author of The Busy Women’s Guide to… Salary Negotiation to learn about how to improve your negotiation skills with both current &/or future employers.  In the session we will share salary negotiation stories and ask the key questions around this topic that too many of us shy away from.

The presentation will cover topics such as:

  • Why Negotiate?
  • Combating Negotiation Fears
  • The Work / Salary Challenges Women Face
  • The Fundamentals of Salary Negotiation
  • How to Determine Your Worth in the marketplace
  • What Is Negotiable
  • How to Conduct the Salary Negotiation Process
  • Legal Do’s & Don’t’s of Employment Contracts

To sign up for this event held in Melbourne on Equal Pay Day visit Eventbrite: 

Note: when I last presented this workshop at Melbourne Business School it was a sell out event with over 100 attendees. Don’t miss out on securing your spot. 

Free Salary Negotiation Webinars – Running during August & September

As author of The Busy Women’s Guide to… Salary Negotiation, I am running free Salary Negotiation webinars on  ‘How to Successfully Negotiate Your Next Salary Package Increase & Earn An Additional $700K+ Over Your Career!’

Register at GoToWebinar today and start being paid what your worth!

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Contemplating A Career Change? Need Help?

Get Started With ‘The DIY Career Change Program’ 

“It is never too late to be what you might have been.” George Elliot

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The DIY Career Change Program is a series of 5 comprehensive 40 page plus workbooks that will take you from reflecting on who you are, and what you are great at, right through to identifying career paths and how to market yourself and secure the roles that you want.

The workbooks are full of amazing content and activities that you will find make a huge impact on how you see yourself and in helping you to move towards roles that will make you happier.

The series of 5 workbooks have been designed for you to print out as I have found people achieve better outcomes if they carry them about with them to capture thoughts, ideas, strategies, names and so on.  They will help you build the foundation and provide the road map towards your next great role.

Get ‘The DIY Career Change Program’ today

Purchase all 5 guides & receive the 39 page guide ‘Your Personal Brand – Defining, Development & Marketing Brand You!’

  1. Personal Awareness & Worklife Reflection
  2. Worklife Analysis & Career Exploration
  3. Research & Job Search Strategies
  4. Resume Writing, Marketing Yourself & Personal Branding
  5. Interview Preparation & Salary Negotiation

Total program cost – only AU$9.99  Click to purchase from my store on Selz.

If you are not sure, you can download the first two guides for free and if you find them helpful you can purchase the program at a later stage.

Get started today with my two free guides from ‘The DIY Career Change Program’

These workbooks have helped hundreds of people to make career changes. “The workbooks have been a fantastic resource. They have been invaluable” Kerry, General Manager

Please contact me if you have any queries about The DIY Career Change Program.


Other Career Services include:


 

Authentic Interviewing – For Those Looking to Make Better Hiring Decisions

02J67494‘The Art of Interview’, is a great HBR Podcast with Cal Fussman writer and journalist for Esquire who has interviewed many high profiled people from politicians to global CEO’s and musicians such as Dr. Dre. In this insightful podcast, Cal offers some great strategies for building trust with those he interviews to enable him to really get the honest answers he is looking for.  He cites the example of Dr. Dre when you are looking to find out if people are truly passionate about what they do. Dr. Dre can work for 72 hours straight when he is passionate about a project he is working on.  We can leverage or adapt this in interviews to ask questions around “When were you last totally immersed in a project at work?”  Or, “When was the last time you pulled an all- nighter to get a project done at work?”

This is a great podcast for anyone who is looking to develop their interviewing skills in order to make better hiring decisions.  From the podcast I took away the need to have a more authentic interview style and less of a formulaic process. Perhaps we need to tone down some of the rigour and structure with interviews to create an environment where the interviewee “feels at home” enabling us to really get to know who they are and what drives and motivates them.  We need to listen deeply.   As we all know interviews are not very natural – from how they are staged to the standard questioning and the fact that interviews are by their nature an exclusionary process.  Very rarely do interviewees feel comfortable in an interview.

In a recent recruitment assignment I adopted a more ‘authentic interview’ style and it was such a richer and more successful process. I did not interview in an office like I normally do. Instead we had an informal meeting at a café.  I left the standard interview questions aside and spent the time building trust through sharing some of my career and life story with the interviewees. In turn I was able to build trust and learn more about each interviewee in this meeting than I probably would if I had worked with them for a few months. It resulted in a fantastic hire being made. Moving forward I am certainly going to continue to evolve my ‘authentic interviewing’ style as I know it works.

For anyone whose role includes interviewing I highly recommend listening to ‘The Art of Interview’

What are your thoughts and experiences with ‘authentic interviewing’?

 

5 Ways to Communicate More Effectively When Job Searching & Networking

02A16Y0YWhile technology is great and facilitates many amazing discussions, connections and content sharing, it also leaves many people lost when it comes to the basics of general communication. Perhaps it is because we live in an age where everything is so rapid and where we can communicate anonymously should we wish.  However, if you want to build and maintain a positive personal brand, be sure to stick to the basics – a polite introduction of your name and purpose of the communication when reaching out to others is imperative.

I cannot tell you how many people when applying for jobs leave a message on the voicemail without leaving a contact number, full name and putting some context around the call. This does not leave a professional impression and would not result in the application progressing to the next stage. The same applies if it was a networking reach out – it would not led to a meeting.

If you are preparing for a job search related ‘meeting’ of any description (be it face to face, email or over the phone) go through the following checklist before reaching out;

  1. Clarity around the purpose of the communication (your objectives & potentially theirs). Keep it concise. What are you looking to achieve from the meeting or reach out? Is it to speak with them to then potentially gain a meeting? Is it to gather specific information?
  2. Understand who the audience is and the best way to communicate with them (phone, email, twitter, face to face, text etc.)
  3. A clear timeframe for yourself and for the audience. if you want to meet, ideally looking to arrange a coffee within the next two weeks etc.
  4. Being clear about the outcome you are working towards (they don’t necessarily need to know this however you do – tying back to the purpose). Why are you reaching out – to ultimately secure a job with company x, to learn specific information about why? Etc.
  5. Leave a ‘calling card’ that is aligned with your personal brand. This includes contact information in addition to the impression you leave behind from any form of contact you have with others. What do you want this to be?

Whenever you apply for a job or conduct networking activities, please be sure to revisit these five steps. Remember to introduce yourself and consider your audience rather than just launching into what you want or need. While it all sounds simple and logical, in the haste and potential pressure attached with job seeking, we can sometimes lose sight of the obvious.

As they say “You only get one chance to make a first impression”. What do you want that lasting impression to be?

Free Salary Negotiation Training Webinar, 14th March 2016, Noon

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Are you uncomfortable at the thought of engaging in a Salary Negotiation conversation with your boss or potential new employer? 

If you answered YES, then I encourage you to sign up for this free Salary Negotiation Webinar. You will take away a lot of practical tips and advice about how to negotiate your salary packaged. It is far easier than you think.

The webinar is hosted by Gender Gap Gone,  Please join me for a one hour free salary negotiation training webinar on the 14th March, 2106 12pm – 1pm.

I am an experienced Career & Lifestyle Strategist with many years experience in salary negotiation coaching. I am also the author of The Busy Women’s Guide to Salary Negotiation.

For additional salary negotiation resources visit The Busy Women’s Guide to… Salary Negotiation

Investing the time now to negotiate a fair salary package will provide you with an infinite number of benefits, not only financially, both now and in the future.

Invest in yourself today and start being paid what you are worth!

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Why ‘Employer Rating Sites’ are a must to research your next employer!

03D05724Gone are the days of joining a new employer blindly so to speak. In the past you joined an employer on good faith that were going to be a great and fair place to work. That they would deliver on all those ‘verbal promises’ sold at the interview.

Employer rating sites offer a great source of information about how the marketplace views employers – which for some organisations can be an amazing endorsement that confirms that all the hard work they have put into offering a great workplace is working. Whilst for others it can be a bit of a wake up call. Employer rating sites are terrific for job seekers as they provide you with a current marketplace barometer of how employees really view working at that organisation. You will find a lot of the bigger companies,  however you may not find as many small to medium-sized businesses.

Now in addition to doing your usual Google search and asking about your networks, there  are a number of good employer rating sites you should be using before you start your next job, such as;

Glassdoor 

It is one of the original employer rating sites and has some terrific data on the organisation, key staff and even salary data.

Rate My Employer 

Rate My Employer is a similar site to the above for the European market.

CareerBliss 

This site has reviews of most listed companies. You can use the research salary data feature to find employee salary information. A hub of great data.

I encourage you to spend some time doing your due-diligence on these sites when you are going through the job search process.  They offer a wealth of information about what the employer is really like (however you may need to read between the lines with some) and it provides some terrific salary data to leverage at the the salary negotiation stage.

About the author

Kelly Magowan is a certified Career Coach with her own Career & Executive Coaching Practice. She has built a reputation as a thought leader in the careers space and has published a book on Amazon,‘The Busy Women’s Guide to… Salary Negotiation’. 

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