Although more Canadian women are unhappy with their pay than men, they are more likely to get a raise—if they’d only ask for one.

These are the findings of a recent survey by CareerBuilder.

Read: Compensation: Consider more than just salary

Sixty-eight per cent of female respondents say they don’t currently earn their desired salary, compared to 56% of male workers.

Ask and you will receive
Despite being unhappy with their current compensation levels, only 45% of employees have ever asked for a raise. Of those who have, however, the vast majority (71%) say they received one.

Read: How to create gender diversity in the workplace

Though men are more likely than women to ask for a raise, women are more likely to get one.

Of the 53% of men who say they’ve asked for a raise, 66% have received one. In contrast, while only 37% of female workers have asked for a raise, 78% of them received one.

Desired salary
At what point does dissatisfaction turn into satisfaction? When asked what salary would make them feel successful, employees said:

• Under $30,000 – 9%
• $30,000-$39,999 – 7%
• $40,000-$49,999 – 11%
• $50,000-$59,999 – 14%
• $60,000-$69,999 – 11%
• $70,000-$79,999 – 10%
• $80,000-$89,999 – 8%
• $90,000-$99,999 – 5%
• $100,000-$149,999 – 16%
• $150,000-$199,999 –6%
• $200,000 or more – 5%

Read: Executive compensation: 5 things to consider with a weaker loonie

Copyright © 2020 Transcontinental Media G.P. Originally published on benefitscanada.com

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