A catch-22 for women: Negotiating for higher pay can backfire, study finds
CBSN
Working women have been tutored to "lean in" when it comes to pushing for higher pay on the job — after all, passively accepting an employer's first offer may not pay off, the thinking goes. But negotiating for more women or a promotion may not be so simple, even for high-powered women with strong bargaining positions, a recent study concludes.
In the years since the best-selling book "Lean In: Women, Work and the Will to Lead" by top Facebook executive Sheryl Sandberg was published in 2013, researchers have sought to learn more about the gender pay gap and the mechanics behind the stubborn lag in women's earnings. One area getting more attention — the role of status and gender, with researchers at Dartmouth and Harvard universities exploring the dynamics that high-ranking women experience when they negotiate with their company for higher pay. The findings could shed light on why gender gaps persist at the top levels of organizations despite efforts to encourage women to speak up for better pay and promotion. Even when women have the leverage to push for more generous compensation — such as an offer from a competing firm — they are three times as likely as men with the same offers to fail to reach an agreement, the researchers found.Washington — The Supreme Court on Friday said it will consider the constitutionality of the Federal Communications Commission's Universal Service Fund, agreeing to review a lower court decision that upended the mechanism for funding programs that provide communications services to rural areas, low-income communities and schools, libraries and hospitals.
Jeff Bezos' Blue Origin launched six space tourists on a high-speed dash to the edge of space and back Friday, giving the passengers — including a husband and wife making their second flight — about three minutes of weightlessness and an out-of-this world view before the capsule made a parachute descent to touchdown at the company's west Texas flight facility.