Question
I chose this video to build off of Alishas' original post about negotiating salary at the time of hire. When you are entering into a
I chose this video to build off of Alishas' original post about negotiating salary at the time of hire. When you are entering into a new job it is a great time to negotiate a larger salary but once you are in that position for two, three, or four years you would want to have a larger raise than a traditional three percent annual raise. So, what are some strategies to help when the time comes that you feel you deserve more?
I found this video by the rambling recruiter to be insightful and very applicable to a wide range of professional carriers. I have gone through this process myself in negotiating for larger salaries while working and really wish I had watched this video first. he makes some great points within the first three minutes of the video; ensuring you have appropriate facts and figures for your market, highlighting why you deserve the raise (the XYZ justification), and combining data with narrative. I found personally in my negotiations that having positive figures to justify the raise and going outside of your traditional scope of work (XYZ method) really helped when I was going through my salary negotiations.
The rambling recruiter also highlights the transparency of the meeting as a key topic in his video. Let's put the shoe on the other foot for a second, if you were a manager and an employee walked into your office out of the blue and began talking to you about higher compensation, laying out facts and figures for their case, how would that make you feel? I know personally that I would feel blindsided and frustrated that I was not given time to prepare for this interaction, which really to me, would feel like an ambush. Do you think that a manager is going to keep your best interest in mind? Probably not.
I also think the rambling recruiters' example conversation was insightful for a few reasons. Having a figure of what you're looking for is important. Asking for a raise is great but if you don't have a figure in mind it could show that you're not serious about how much you're asking for. He also mentioned that it was okay for the manager to not answer right away but gave a set time frame as to when he wanted to talk again on this subject.
My questions to the group are:
- Have you negotiated for a large salary increase before? If so, what are some techniques you used to negotiate? If you haven't what would be some strategies you would rely on to get the raise?
- We have spoken a lot about the carrier triangle in our class this year, would you consider benefits outside of compensation as a raise? An example would be paid time off or flexible scheduling.
- Do you feel that asking for a larger raise would be based on your achievements in the company? through time served? or a combination of both?
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