Career Advice for Women

Sallie Krawcheck emphasizes the importance of investing as a key career advice for women, linking financial independence to career freedom and equality. She highlights the gender pay gap and the necessity for women to negotiate from their first job. Using an example, she illustrates how men often negotiate for higher pay, impacting women's earnings. Krawcheck advises women to prepare in advance, know their worth, and negotiate with facts. She suggests having multiple requests ready to ensure professional growth and financial benefits.

Why is investing considered crucial for women's career advancement?

• It directly improves job performance.

• It helps in achieving financial equality with men.

• It guarantees a promotion.

• It is a requirement for most jobs.

What is the best career advice that women are not typically given?

• To work harder than men.

• To invest in their financial future.

• To avoid negotiating.

• To change jobs frequently.

What should women do from their first job according to the speaker?

• Avoid asking for raises.

• Negotiate for raises and promotions.

• Focus only on job performance.

• Work overtime without pay.

In the example given, why does Jim receive a higher bonus than Mary?

• Mary was not eligible for a bonus.

• Jim asked for a higher bonus.

• Jim had a better job title.

• Jim worked harder than Mary.

What is a key strategy for women to use in negotiations?

• Rely on emotions during negotiations.

• Prepare with facts and metrics in advance.

• Avoid discussing salary expectations.

• Wait until the last minute to negotiate.

What should women do to prepare for salary negotiations?

• Rely solely on their boss's opinion.

• Avoid setting any metrics.

• Discuss salary expectations with friends.

• Ignore market salary data.

What should women do if their request for a raise is denied?

• Submit a resignation letter.

• Accept the decision without question.

• Present additional requests for professional growth.

• Stop working hard.

What is one of the additional requests women can make during negotiations?

• Ask for a stint in marketing.

• Request a demotion.

• Demand a pay cut.

• Request to work fewer hours.

Why is it important to have multiple requests during negotiations?

• To confuse the boss.

• To increase the chances of getting something approved.

• To show indecisiveness.

• To make the negotiation process longer.

What message might be conveyed if all requests are denied during negotiation?

• The company values the employee highly.

• The employee is asking for too little.

• The company is planning a promotion.

• The employee should consider other opportunities.