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THE ART OF NEGOTIATION
Marita Gomez
Director of Communications
AbelsonTaylor
OUR AGENDA
• Why we negotiate
• What is negotiable
• Keys to negotiating
• Evaluating the offer
• The other “art form” of negotiation
• Final thoughts
WHY NEGOTIATE?
It’ll affect the total earnings over the
course of your career
WHAT CAN YOU NEGOTIATE?
• Salary
• Job title
• Flexible hours
• Select benefits
• Know what you want
• Know what you’re willing to walk
away from
BEFORE YOU START
FIVE KEYS TO NEGOTIATION
• Get to know the company
• Understand the market
• Know when it’s appropriate
• Acknowledge your self-worth
• Find out what you need to live on
KNOW THE COMPANY
• Industry publications
• Search engine(s)
• People you know
• LinkedIn and LinkedIn Groups
• Company website
KNOW THE MARKET
• Wageproject.org
• Payscale.com
• Salary.com
• Glassdoor.com
• Paycheckcity.com
• TV_jobs.com
• RTDNA
• Indeed.com/salary
• SimplyHired.com/
a/salary
• SalaryExpert.com
• SalaryFairy.com
APPROPRIATE TIME
TO NEGOTIATE
KNOW WHEN IT’S APPROPRIATE
• Don’t bring it up too early
• Listen to the cues
• Use industry standard ranges
KNOW YOUR SELF-WORTH
Be able to speak to your value proposition:
• Skills set
• Relevant experience(s)
– Internships
– Study abroad
– Work-related
• Accomplishments, awards
• Education
NEGOTIATING YOUR SALARY
(Interactive Session)
Our starting salary is $35,000.
Can you start next week?
NEGOTIATING YOUR SALARY
(Interactive Session)
The salary I can offer is $42,500.
And we’ve got a 5% commission for every
new project over $60,000.
NEGOTIATING THE JOB TITLE
(Interactive Session)
The job title is communications assistant.
NEGOTIATING HOURS, BENEs
• Follow the same formula:
– Be specific
– Be honest
EVALUATING THE OFFER
• Accept the offer only if it meets your
objectives
• Let the employer know and thank
them
• Ask the employer for a deadline
DECLINING THE OFFER
• The work
• The culture
• The company
• Your lifestyle
DECLINING THE OFFER
Offer thanks, respectfully decline and cite a
simple, high-level reason. You do not need to
get into details. The way you handle this will
begin to form your reputation.
ACCEPTING THE OFFER
• Don’t rely on one technology
– Verbal
– Voicemail
– Email
• Ask for the final offer in writing
– Job title
– Annual salary
– Start date
THE ART FORM IN NEGOTIATION
THE ART FORM
• What you wear
• Body and facial language
• Communication skills
• Personality
WHAT COCKY LOOKS LIKE
SOME FINAL THOUGHTS
• Don’t say “yes” immediately
• It’s okay to be afraid
• Don’t push too hard
• Learn humility
• Don’t walk away without saying thanks

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Art_of_Negotiation

  • 1. THE ART OF NEGOTIATION Marita Gomez Director of Communications AbelsonTaylor
  • 2. OUR AGENDA • Why we negotiate • What is negotiable • Keys to negotiating • Evaluating the offer • The other “art form” of negotiation • Final thoughts
  • 3. WHY NEGOTIATE? It’ll affect the total earnings over the course of your career
  • 4. WHAT CAN YOU NEGOTIATE? • Salary • Job title • Flexible hours • Select benefits
  • 5. • Know what you want • Know what you’re willing to walk away from BEFORE YOU START
  • 6. FIVE KEYS TO NEGOTIATION • Get to know the company • Understand the market • Know when it’s appropriate • Acknowledge your self-worth • Find out what you need to live on
  • 7. KNOW THE COMPANY • Industry publications • Search engine(s) • People you know • LinkedIn and LinkedIn Groups • Company website
  • 8. KNOW THE MARKET • Wageproject.org • Payscale.com • Salary.com • Glassdoor.com • Paycheckcity.com • TV_jobs.com • RTDNA • Indeed.com/salary • SimplyHired.com/ a/salary • SalaryExpert.com • SalaryFairy.com
  • 10. KNOW WHEN IT’S APPROPRIATE • Don’t bring it up too early • Listen to the cues • Use industry standard ranges
  • 11. KNOW YOUR SELF-WORTH Be able to speak to your value proposition: • Skills set • Relevant experience(s) – Internships – Study abroad – Work-related • Accomplishments, awards • Education
  • 12. NEGOTIATING YOUR SALARY (Interactive Session) Our starting salary is $35,000. Can you start next week?
  • 13. NEGOTIATING YOUR SALARY (Interactive Session) The salary I can offer is $42,500. And we’ve got a 5% commission for every new project over $60,000.
  • 14. NEGOTIATING THE JOB TITLE (Interactive Session) The job title is communications assistant.
  • 15. NEGOTIATING HOURS, BENEs • Follow the same formula: – Be specific – Be honest
  • 16. EVALUATING THE OFFER • Accept the offer only if it meets your objectives • Let the employer know and thank them • Ask the employer for a deadline
  • 17. DECLINING THE OFFER • The work • The culture • The company • Your lifestyle
  • 18. DECLINING THE OFFER Offer thanks, respectfully decline and cite a simple, high-level reason. You do not need to get into details. The way you handle this will begin to form your reputation.
  • 19. ACCEPTING THE OFFER • Don’t rely on one technology – Verbal – Voicemail – Email • Ask for the final offer in writing – Job title – Annual salary – Start date
  • 20. THE ART FORM IN NEGOTIATION
  • 21. THE ART FORM • What you wear • Body and facial language • Communication skills • Personality
  • 23. SOME FINAL THOUGHTS • Don’t say “yes” immediately • It’s okay to be afraid • Don’t push too hard • Learn humility • Don’t walk away without saying thanks