If you're a woman in health IT, there's something you should know: You have more leverage than you might think when it comes to salary negotiations. However, your bargaining power doesn't begin and end with your paycheck. There are five other benefits you should negotiate for as well. And no, I'm not talking about stock options or company cars (although those could be nice). I'm talking about things like flextime, job security, and paid parental leave. Read on to learn about these benefits and how to get them.
-
Flexible work hours: Many employers are willing to be flexible with work hours, especially for women who have young children at home. This can include working from home occasionally or having a flexible start and end time.
-
Paid leave (PTO): In addition to vacation days, many employers offer paid leave for maternity or paternity leave. Consider this vital benefit if you plan to start a family. And Know the rules for your state, as many have adopted new laws regarding PTO. For example, New Mexico adopted the "Healthy Workers Law," guaranteeing workers up to 64 hours of PTO annually.
-
401k matching: Most employers offer a 401k matching program, but the amount can vary greatly. If this is an essential benefit to you, negotiate for a higher match percentage.
-
Healthcare: Healthcare is an essential benefit for anyone, but it can be crucial for women with families. Make sure you understand what your employer's healthcare plan covers and what it doesn't before you sign any contract. This includes coverage for your partner or dependents.
-
Advancement opportunities: Don't be afraid to ask how promotions or pay increases are assessed; after all, it's your career! Express your interest and expectations for both. Negotiating for these things won't just benefit you in the short term; it will also show your boss that you're ambitious and invested in your career development.
| In conclusion, salary is essential, but it should be only one consideration of many. Asking for and negotiating other significant benefits ensures your tenure within a health tech organization gets off on sound footing and protects your work-life balance plans. Though it may be difficult, have the tough conversations early on to focus on your new role and responsibilities within the company. |  |
Remember, you are not alone in this process – many women have been through it before, and many more will go through it after you. Seek their advice, learn from their mistakes, and use their knowledge to empower yourself in your career. With strength and confidence, you can negotiate the best possible package for yourself that meets your professional and personal needs.