Ep#7 - Navigating the Art of Negotiating Compensation
Manage episode 409377685 series 3528403
This episode delves into the complex topic of negotiating compensation, addressing common challenges people face in asking for salary increases, bonuses, promotions or flexible work conditions. It analyses how negotiating styles can vary based on cultural upbringing, gender, and individual confidence, citing research findings throughout. It then looks at detailed strategies for enhancing negotiation confidence, emphasising recognising personal achievements, clarifying expectations, doing market research, and articulating specific salary requests, all while maintaining a positive mindset and remaining proactive. I hope these tactics will help ensure fair remuneration and shift societal norms and expectations around salary negotiation, particularly for women.
Timestamps:
00:00 Introduction to Compensation Negotiation
01:32 Understanding the Psychology Behind Negotiation
03:44 Gender Differences in Negotiation
06:52 The Impact of Negotiation on Career Progression
08:37 The Role of Socialisation and Gender Roles in Negotiation
13:32 Practical Steps to Improve Negotiation Skills
15:19 The Importance of Confidence in Negotiation
17:05 The Art of Asking: Making Your Compensation Request
21:50 Dealing with Rejection in Negotiation
28:18 Conclusion: The Power of Negotiation
Links to The Women’s Room – Legal Division:
- YouTube Channel https://www.youtube.com/@Womens-Room-Legal-Division
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12 episod