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 multiple sources for your exact title, location, and experience level The exact sentence to use once you have your range, to walk into a conversation with data instead of a guess Today's task: spend ten minutes researching your range and add it to your growing case Download the 7 Days to Ask for a Raise Challenge to help you confidently ask for a raise here. Connect with Nichole on Instagram @nichole.harrop