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The Money with Katie Show

Negotiating Tactics that Actually Work

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.81.3K Ratings

🗓️ 30 March 2022

⏱️ 41 minutes

🧾️ Download transcript

Summary

Today, we're digging into negotiation tips that actually work—no perfecting crafty word play, performing mental jujitsu on a recruiter, or documenting months of "wins" required. Since I'm not a negotiation expert (just a gal who enjoys negotiating), I brought in two guests today: Miranda Martin, a CEO Coach who speaks to money mindset, and a dear friend of mine, Career Coach Darci, who speaks to compensation research and recruiter relations. Here's the blog post that complements this piece—it's all about how I increased my income. FOLLOW ALONG Money with Katie Blog Money with Katie Instagram Money with Katie Twitter Sign up for the Newsletter! FULL EPISODE TRANSCRIPTS AT HTTPS://PODCAST.MONEYWITHKATIE.COM Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome back rich girls and guys to The Money with Katie Show.

0:12.0

Today we're going to talk about something fun.

0:14.6

Negotiating for more money.

0:23.0

Everything we're going to talk about today is stuff that I have actually used to increase

0:26.5

my own salary by between 40% to 60% at a time.

0:31.7

This might be a little bit of a long one because we're really going to jam it packed with

0:35.2

value, but we're going to talk about the most important aspect of going into a negotiation

0:39.7

in your current company, the pretty much full proof approach in my mind, how to secure

0:44.8

a second offer by leveraging LinkedIn effectively, the proper way to do compensation research,

0:51.1

and even a little bit of an unusual take on what to say when they ask you what you are

0:56.2

compensation expectations are.

0:59.2

Yeah, we probably could have made this into two episodes, but I want you to have everything

1:03.6

you need in one place.

1:06.2

And if you haven't caught Monday's blog post yet, which is going to dive deeper into my personal

1:10.7

story, check that out too.

1:12.8

Okay, let's do it.

1:15.3

Every time I read something about negotiating compensation, one of the major takeaways is

1:20.0

that everything is negotiable.

1:22.0

Normally, what the author means is that if your corporate daddy is not willing to sacrifice

1:27.2

on your base pay that you can negotiate more time off or like your bonus or whatever, but

1:32.4

I've never found that type of advice to be super helpful because, okay, yeah, a few extra days

1:39.2

off would be great and all, but usually I want more money.

...

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