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This March 26, 2014 photo shows Nida Degesys, National President of the American Medical Student Association, at her office in Sterling, Va. Degesys graduated in May 2013 from Northeast Ohio Medical University with about $180,000 in loans. The amount has already swelled with interest to about $220,000. Yet, as costly as medical school was, Degesys sees it as an investment in herself and her career, one she thinks will pay off with a higher earning potential. (AP Photo/Evan Vucci)

Women are way less likely to get the pay raises they ask for than their male co-workers

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"Leaning in" doesn't always work.

That's according to a new study that shows women are 25 percent less likely to get a raise when they ask for one than their male co-workers.

And it's not that women aren't asking for raises -- they are, as often as men, but they rarely get them, researchers found.

Though women are often seen as afraid to ask for pay hikes, the study is busting that myth.

Details of the study

The study was conducted by the Cass Business School and the University of Warwick in the U.K., and the University of Wisconsin.

The study looked at data collected from over 800 companies of some 4,600 workers in Australia, which is currently the only country that keeps track of when employees ask for raises and when employers give them.

While other research shows the wage gap widens when women have kids, there is a silver lining.

The trend is looking better.
-- Amanda Goodall

The good news? According to the new research, there's evidence that things are changing for women in the modern workforce.

"Young women under 40 are negotiating their pay more successfully than older females," said Amanda Goodall, a senior lecturer at Cass Business School.

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