Latest / Future Female Leaders
263| What 'Market Rate' Actually Means
Nichole breaks down one of the most misunderstood phrases in salary conversations: market rate.
In this episode:
Why market rate is a range, not one fixed number, and the variables that shift it: role, experience, location, and industry
How to push back when someone tells you what "market rate" is for your job, starting with the question "based on what?"
Why companies sometimes use market rate as a way to end a conversation, and why it should really be a starting point
A personal example of this happening to Nichole, both as an employee and as a manager
How to research your own range using…
The skinny
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