WEST Wisdom Blog

A well-managed equity portfolio can use your equity compensation to  transform your income into self-sustaining wealth. Compensation is changing and it’s about far more than just cash. Learn 3 things you need to know now to move beyond income to wealth.

Topics: Events, Women, Science, Career, Community, Cambridge, negotiation, Women in STEM, Workshop, Networking, Upcoming Events, Biotech, Connect, Management, Compensation, Leaders, Own It, Learn, Advocate, #WESTevent, Equity Management, Intellectual Property (IP)

Managing up is not about manipulation or capitulation. Rather it’s learning to influence with respect, and broaden your horizons to speculate about the pressures and demands which may be outside of your view. It’s about influencing diplomatically yet authentically. Being intentional about challenging a plan. How can you get what you need at the same time you’re focusing on what your manager needs? How can you effectively negotiate the relationship that has the most impact on your career, and still be yourself? How can you have power   with  your manager, being cooperative and expressive?

Topics: Events, Leadership, Women, Science, Career, Community, Cambridge, Success, Network, negotiation, Women in STEM, Workshop, Networking, Upcoming Events, Professional, Relationships, Biotech, Interactive, Change, Connect, Influence, Management, Leading Ourselves, Developing Your Skills, Self-Awareness, Support, Conflict Resolution, Leaders, Impact, Career Development, Influence Without Authority, Own It, Empowerment, Learn, Advocate

Pay equity expert Katie Donovan gave a mind-blowing seminar on equal pay negotiations for WEST community on March 13th.

Katie provided a few paradigm-shifting ideas which will change the way we communicate about salary negotiation. We, as women often don’t realize that we are being underpaid. And we tend to think that pay is not negotiable and that organizations will pay us fairly. However, the statistics from US Bureau of Labor clearly demonstrate the issue of unequal pay between men and women [Chart 3 below]. Since 2004, the women’s-to-men’s earnings ratio has remained in the 80 to 83 percent range [data]. That’s the awakening mindset Katie challenged every woman to bear in mind.

Topics: Events, Women, Science, Career, Community, Network, Job, Women in STEM, Networking, Upcoming Events, Professional, Biotech, Discussion, Equal Pay, Connect, Gender Pay Gap, Leaders, Impact, Own It, Advocate

Join Katie Donovan to learn pragmatic approaches to achieving pay equity, from both sides of the compensation negotiation process. 

On July 1, 2018, the Act to Establish Pay Equity, amending G.L. c.149, §105A (MA Pay Equity Law) went into effect in Massachusetts. For women and other systematically underpaid groups, the MA Pay Equity Law is the biggest thing since the Lilly Ledbetter Fair Pay Act sliced some equality bread back in 2009.

The MA Pay Equity Law forbids employers from asking about salary history. The law enables women and other minorities to escape the cycle of underpayment resulting from systemic and unconscious bias. The law also means that the lower salary you accepted for that dream job at a startup that didn't make it can't be used to lowball you down road. 

Topics: Events, Women, Science, Career, Community, Network, Job, Women in STEM, Networking, Upcoming Events, Professional, Biotech, Discussion, Equal Pay, Connect, Gender Pay Gap, Leaders, Impact, Own It, Advocate

Join WESTorg at Takeda on Wednesday, January 23, 2019, for the #WESTawards to honor individuals in the Boston science and technology community that embody WEST’s 2018-2019 theme, ‘Own It: Empowering Your Career & Your Life’. 

WEST is a learning community that provides women in the enterprise of science and technology with the inspiration, knowledge and connections to reach their full potential. Please join #WESTorg and our sponsors, Takeda, Johnson & Johnson and Safety Partners at Takeda’s Cambridge offices for the 2019 #WESTawards and Networking Night to honor individuals in Boston’s STEM community who embody WEST’s mission and our ‘Own It’ theme in their service of inclusivity and empowerment in STEM and STEM initiatives that benefit the community at large.

Topics: Events, Women, Science, Career, Awards, Community, Giving Back, Interview, Cambridge, Success, Network, Inspire, Women in STEM, Networking, Upcoming Events, Professional, Biotech, Rockstars, Connect, Making a Difference, Inspiration, Role Models, Volunteer, Compensation, Strengths, Support, Leaders, Impact, Own It, Sponsor, Advocate

It was an early October WEST event. Dr. Amy Rebecca Gay had just started her presentation on self-advocacy and negotiating-while-womaning. I wasn’t expecting the rip tide surge of emotion. It barely touched the surface, but it took the room underwater with a collective two-beat sigh, an almost visible miasma of bang-your-head-against-the-wall frustration. Dr. Gay had just explained Dr. Hannah Riley Bowles’ observation that women pay a ‘social cost’ for effectively negotiating for themselves even when the same exact behaviors and outcomes earn men respect and a social capital bonus. Insert two-beat sigh here. Innnnn, and oooooout.  

Topics: Events, Women, Science, Career, Community, Interview, negotiation, Women in STEM, Networking, Biotech, Interactive, Connect, Gender Pay Gap, Compensation, Leaders, Career Development, Advocate

Dang. Why on earth did I hesitate instead of letting the interviewer know what I wanted? And I’m not just talking about my new salary, I’m actually talking about the role, the title, and the sphere of influence that I want to have in that new job. Dang, dang, dang. I could kick myself for missing that opportunity. Now I’ll just have to settle for something less. Or will I?

Topics: Events, Women, Tech, Science, Career, Communication, Community, negotiation, Women in STEM, Networking, Upcoming Events, Biotech, Interactive, Connect, Developing Your Skills, Career Development, Own It, Advocate