| Welcome - April, 2010 |
Welcome to the first edition of The WATT(TM) Report, your resource for news and advice to help you get ahead. As a member of the Women at the Top(TM) Network, you'll receive this monthly e-newsletter the first Wednesday of every month.
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In Case You Missed It |
Each month we'll round up a few of the most interesting reads we've found to help you stay informed. This month's picks are:
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Icons of Influence
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Quick - name three of the world's most powerful women in business.
That said, here are the women in business from the top 10:
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Indra Nooyi, PepsiCo
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Cynthia Carroll, Anglo American U.K.
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Ho Ching, Temasek Singapore
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Irene Rosenfeld, Kraft Foods
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Ellen Kullman, DuPont
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Angela Braly, WellPoint U.S.
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Anne Lauvergeon, Areva France
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Lynne Elsenhans, Sunoco U.S.
Who's on your list? Please share your thoughts on the most influential women in business via email: . We'll share them in a future newsletter.
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Go for It: Promotion or Payraise |
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Yes, you can ask for a promotion or raise during a recession. But proceed carefully - and keep in mind that 48 percent of companies expect a salary freeze this year, compared with 13 percent in 2009, according to Hewitt Quarterly. For those offering raises, the 2010 average was 3.4 percent in 2009, with an expected 5 percent this year.
- Timing. Talk with your manager after you've finished a big project or results that show how you've impacted the bottom line. Don't want until review time.
- Add it up. Come prepared with a list of your accomplishments and try to put a dollar amount them where possible.
- Negotiate. Ask for more time off, more flexibility in your work schedule or consideration for a performance-based bonus instead.
- Be ready for no. Ask your manager when you can revisit the issue with him or her, plus specific recommendations for reaching the next level.
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| Step Forward for Pay Equity |
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April is Pay Equity Month. Will the U.S. Senate finally pass the Paycheck Fairness Act? The House of Representatives passed the bill on a bipartisan basis earlier this year and a U.S. Senate committee recently held a hearing on the bill.
Rep. Rosa DeLauro (D-Connecticut) first introduced the Paycheck Fairness Act 12 years ago to update and strengthen the Equal Pay Act that President John F. Kennedy signed into law. The bill would enhance employees' abilities to learn about wage disparities; allow wage comparisons to be made across company locations; and make it easier to file wage-related class action lawsuits and to pursue compensatory and punitive damages. Last year's new Lily Ledbetter Fair Pay Act gave wage disparity victims more time to file discrimination lawsuits.
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| This Month |
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©2010. Women at the Top(TM) and WATT(TM) are trademarks of Red Ladder, Inc. All rights reserved.
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