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Negotiating a Job Offer
August 30, 2015
2
3 Phases of Job Negotiation
• Preparation
• In vivo process
• Postoffer
August 30, 2015
3
Preparation
Step 1: Figure out what you really want
 Necessary (other) living expenses
 Compensation
 Retirement
 Paid leave
 Protection
Step 2: Do your homework
Step 3: Determine your BATNA and your
Aspiration
Step 4: Research the employer’s BATNA
August 30, 2015
4
Preparation (cont’d)
Step 5: Determine the Issue Mix
Step 6: Prepare several scenarios
 Agreement immediately to your counteroffer
 Low-ball offer (“this is our final offer”)
 Small concession
 Asked to make a reasonable offer
Step 7: Consider getting a coach
August 30, 2015
5
In Vivo: During the negotiation itself
• Think about best way to position and present your
opening offer
• Assume the offer in negotiable
• Immediately re-anchor the interviewer by reviewing
your needs and your rational
• Do not reveal your BATNA & Reservation Point
IF ASKED ABOUT PREVIOUS (DESIRED)
SALERY:
Explain that your acceptance of a position depends on the
nature of the job offer and wage package!!!
August 30, 2015
6
In Vivo: During the negotiation itself
(cont’d)
• Be prepared to take the initiative in the
conversation
• If asked about reason of leaving a former job:
 Avoid trap of trashing a former employer
 Avoid impression of troublemaker
• Avoid talking about salary or specific terms until
you have a job offer
• Practice
• Imagine negotiating on behalf of someone
• Comparables and Fairness
August 30, 2015
7
Other Issues
• Eye contact (don’t be partial)
• Emotion
• Appearance
• Humor
• Qs: Code of Conduct, etc.
• Other terms and conditions
August 30, 2015
8
Postoffer: You have the offer,
Now what?
• Do not immediately agree to the offer
• Get the offer in writing
• State Exactly what needs to be done for you to agree
• DO NOT negotiate if you are not or could not be
interested
• Exploding offers
• Do not try to create a bidding war
• Know when to stop negotiating
 No response
 Reciprocity
• Use a rational strategy for choosing among job offers
August 30, 2015
9
Good Luck !!!
August 30, 2015
9
Good Luck !!!

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13 negotiating job offer appen4

  • 2. August 30, 2015 2 3 Phases of Job Negotiation • Preparation • In vivo process • Postoffer
  • 3. August 30, 2015 3 Preparation Step 1: Figure out what you really want  Necessary (other) living expenses  Compensation  Retirement  Paid leave  Protection Step 2: Do your homework Step 3: Determine your BATNA and your Aspiration Step 4: Research the employer’s BATNA
  • 4. August 30, 2015 4 Preparation (cont’d) Step 5: Determine the Issue Mix Step 6: Prepare several scenarios  Agreement immediately to your counteroffer  Low-ball offer (“this is our final offer”)  Small concession  Asked to make a reasonable offer Step 7: Consider getting a coach
  • 5. August 30, 2015 5 In Vivo: During the negotiation itself • Think about best way to position and present your opening offer • Assume the offer in negotiable • Immediately re-anchor the interviewer by reviewing your needs and your rational • Do not reveal your BATNA & Reservation Point IF ASKED ABOUT PREVIOUS (DESIRED) SALERY: Explain that your acceptance of a position depends on the nature of the job offer and wage package!!!
  • 6. August 30, 2015 6 In Vivo: During the negotiation itself (cont’d) • Be prepared to take the initiative in the conversation • If asked about reason of leaving a former job:  Avoid trap of trashing a former employer  Avoid impression of troublemaker • Avoid talking about salary or specific terms until you have a job offer • Practice • Imagine negotiating on behalf of someone • Comparables and Fairness
  • 7. August 30, 2015 7 Other Issues • Eye contact (don’t be partial) • Emotion • Appearance • Humor • Qs: Code of Conduct, etc. • Other terms and conditions
  • 8. August 30, 2015 8 Postoffer: You have the offer, Now what? • Do not immediately agree to the offer • Get the offer in writing • State Exactly what needs to be done for you to agree • DO NOT negotiate if you are not or could not be interested • Exploding offers • Do not try to create a bidding war • Know when to stop negotiating  No response  Reciprocity • Use a rational strategy for choosing among job offers