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Casual Articles - Coach Lee Sumner's Advice About Salary Negotiation
Leave the HerdOn the flight home last night from Boston, I sat beside a very nice IT salesman. He was charming, engaging, and quite polished. Though he was an Executive Platinum member with American, he willingly gave up his aisle seat for a young grad student that needed to walk around occasionally due to a medical condition.He and I had a great conversation in which I showed him the Bubble Planner. He was impressed and offered some great insight for marketing on the internet. In addition to this, he offered such sage advice to the new Grad student beside him. It was so simple, yet, so profound that I thought that you would want to hear it as well.What did he say?
peating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
s Is Your Web Designer Ripping You Off?Nobody likes being ripped off – especially if they’re in business.Yet most businesses are paying hundreds or thousands of dollars to their web designer for shoddy, substandard work. Are you?Luckily, there’s a quick and easy way to find out.Go to:http://validator.w3.org, type in your website address and click on the “Check” button.If the page you see says "failed validation" in red writing, you might need to speak to your web designer – especially if there are more than a handful of errors.Is your web designer one of the cowboys?
Unless you own a cattle ranch, you probably don’t want to employ cowboys. You certainly wouldn’t put up wit You've bought a great suit and a pair of new shoes. You're preparing to interview for a new job for which you feel very qualified. But you need help assessing the value of your skills and experience to calculate a respectable salary. You want to pinpoint a salary that you feel confident asking for and that your future employer will feel comfortable paying you. How do you figure out what you're worth and actually get it?Salary negotiation can be an emotional experience. We want the job but we need
more money. Or we may be afraid that if we push too hard the company will offer
the job to another candidate. Negotiating is not merely saying, "I want more money."
You're looking for a way to reach an agreement, not a confrontation, with your
future employer. Before discussing salary, you need to have the answers to certain
questions, such as:
- What is the salary range for this job in this geographical area?
- What is the lowest salary I will consider?
- What makes me worth a higher salary?
- What makes me uniquely valuable to this company?
You can research salary information through the National Association of Colleges
and Employers, job-hunting websites, libraries, trade publications, a college career
office, or people who work in that industry or company.THE INTERVIEW While salary negotiation begins after the interview process, it really starts in the
initial interview. That's when you will tell the company about yourself, your
accomplishments and what you can do for them. You'll want to use active words in
the interview to describe your achievements such as: I developed, I coordinated, I
took charge of, I initiated, I oversaw, and I actively contributed to. During the
interview, you want your eventual supervisor to feel that you can help solve his or
her problems. Here are some rules-of-thumb related to salary negotiations that will
help you during the interview process:
- Listen to understand the needs of the company and the person doing the
hiring. What does this involve? Making good eye contact throughout the interview-
the surest way to establish trust. Not interrupting and allowing them to finish their
thoughts. Repeating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
su
Take Dead Aim At Your Target MarketWhat's the single most important factor in the success of a marketing campaign? How clever the advertisements are? How good the product or service is? The price being charged?If you said "none of the above", then I have to agree with you. The most important factor in marketing is targeting.You simply have to know what to sell, and to whom to sell it.If you're selling something that doesn't appeal to the people you're speaking to, then you can forget about a good return. Regardless of how good your product is, regardless of how brilliant the advertisements are, and regardless of the price you're charging, if your targeting is off, then your whole marketing campai d the company will offer
the job to another candidate. Negotiating is not merely saying, "I want more money."
You're looking for a way to reach an agreement, not a confrontation, with your
future employer. Before discussing salary, you need to have the answers to certain
questions, such as:
- What is the salary range for this job in this geographical area?
- What is the lowest salary I will consider?
- What makes me worth a higher salary?
- What makes me uniquely valuable to this company?
You can research salary information through the National Association of Colleges
and Employers, job-hunting websites, libraries, trade publications, a college career
office, or people who work in that industry or company.THE INTERVIEW While salary negotiation begins after the interview process, it really starts in the
initial interview. That's when you will tell the company about yourself, your
accomplishments and what you can do for them. You'll want to use active words in
the interview to describe your achievements such as: I developed, I coordinated, I
took charge of, I initiated, I oversaw, and I actively contributed to. During the
interview, you want your eventual supervisor to feel that you can help solve his or
her problems. Here are some rules-of-thumb related to salary negotiations that will
help you during the interview process:
- Listen to understand the needs of the company and the person doing the
hiring. What does this involve? Making good eye contact throughout the interview-
the surest way to establish trust. Not interrupting and allowing them to finish their
thoughts. Repeating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
s
How To Enhance Employee Commitment and Improve ProductivityMany of the world’s corporations today suffer from low employee morale and productivity, which lead to poor-quality products and services, and higher costs. This is because managers today in most corporations lack the listening, feedback, and delegation skills needed to enhance employee commitment and improve productivity.Successful organizations today must have managers who motivate and inspire their employees, not beat them down. Successful managers must see themselves not just as bosses, but as performance coaches. A manager must be able to provide employee training, help employees enhance their careers, and mentor them to become the best they can be.A company’s wor y information through the National Association of Colleges
and Employers, job-hunting websites, libraries, trade publications, a college career
office, or people who work in that industry or company.THE INTERVIEW While salary negotiation begins after the interview process, it really starts in the
initial interview. That's when you will tell the company about yourself, your
accomplishments and what you can do for them. You'll want to use active words in
the interview to describe your achievements such as: I developed, I coordinated, I
took charge of, I initiated, I oversaw, and I actively contributed to. During the
interview, you want your eventual supervisor to feel that you can help solve his or
her problems. Here are some rules-of-thumb related to salary negotiations that will
help you during the interview process:
- Listen to understand the needs of the company and the person doing the
hiring. What does this involve? Making good eye contact throughout the interview-
the surest way to establish trust. Not interrupting and allowing them to finish their
thoughts. Repeating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
s
Branding with Promotional ProductsBranding is the rather subtle art of getting your business name out in front of the buying public. Branding with promotional products is an excellent way to achieve this goal.Promotional products are great marketing tools for nearly every business. The idea is to provide the buying public with something in addition to whatever it is they purchase from you. The items should have some perceived value and tie into the overall theme of your business. If you have any doubt at all about how this should work, just think about the infomercials you see on television. They always try to get you to buy the primary product by throwing in promotional items that make the overall deal seem , I
took charge of, I initiated, I oversaw, and I actively contributed to. During the
interview, you want your eventual supervisor to feel that you can help solve his or
her problems. Here are some rules-of-thumb related to salary negotiations that will
help you during the interview process:
- Listen to understand the needs of the company and the person doing the
hiring. What does this involve? Making good eye contact throughout the interview-
the surest way to establish trust. Not interrupting and allowing them to finish their
thoughts. Repeating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
s
Business Card Design: Mind Over Machine?So you finally got the courage to trash those old business cards! By this time, you are probably in search of a new image for your business. This article will provide you with valuable information in getting an attractive business card design. How many times have you come across "click here to begin your design" links or words to that effect. With technology advancing at a fast pace, more & more online printing businesses are turning themselves to these design it yourself softwares. Question is, can these softwares allow you to create the perfect business card?Your business card should represent the perfect image of your company, in fact, it is the one item that will be remem peating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
such as:
Health insurance, vacation time, annual salary review, retirement savings
plans, bonus plans, college tuition reimbursement plans, stock options.
- If pushed on the subject, state the range you have in mind. The bottom of
the range is what you must have and the top is 10-15% above what you'd take.
("I'm looking at a $65,000-$72,000 range"). Your range is based on your
analysis of the market and what you feel you're worth to the company.
- If asked what your current pay is, tell the truth. If you're due for a
raise or bonus, mention that also.
THE NEGOTIATION PROCESS There are several ways the conversation might go as you discuss salary and reach a
mutual agreement with your future employer. Let's say she has just offered you
$62,000 annual salary. You can say "O.K" and settle for less than you're worth. Or
you can swallow the "O.K" and say "Hmmm" instead. According to Jack Chapman in
his book, Negotiating Your Salary: How to Make $1000 a Minute, "When you hear
the figure or range, repeat the figure or top of the range and then be quiet."
"$62,000? Hmmm (pause) That sounds a little low." To avoid sounding arrogant, use a question rather than a demand. "Hmmm,
$62,000 (pause). I'm delighted that you're interested in me and I am very
interested in the position. Based on my experience, I'd like to be making between
$65,000 and $72,000. What would it take to get to the higher level within that
range?" Make a positive statement about liking the company or job before asking for
other things. This communicates that you appreciate the offer and are almost ready
to join them, if you can just get this one last thing. "Hmmm, $62,000. I like the
opportunity and I know that I could contribute to your company, but I really need
$65,000 as a minimum. I would love to work here if I can get that figure. Is there a
way we can work that out?" Don't worry that the employer will change her mind about hiring you just because
you ask for more. You must have interviewed well and be a front-runner or else you
wouldn't be getting an offer. Besides, you aren't pushing her higher than she
expected to go anyway. If you get an offer that's a little lowe
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