LampkeLaw LLC
01/18/2021
Renegotiate Salary to Your Advantage
When it’s time to renegotiate salary, we often downplay our contributions to the organization. Here’s advice on how to bargain up rather than down—and earn what you truly deserve.
How to Bargain Salary
When preparing to renegotiate salary, there are a number of steps you should take to be an effective self-advocate, according to Kolb and Porter:
1. Gather information so that you will feel that what you are asking for is defensible. Prepare to explain the value you bring to the organization.
2. Develop alternatives to the current negotiation to increase your flexibility at the table. Keep in mind that the other party’s alternatives, such as losing you, may be less attractive than yours.
3. Examine your vulnerabilities and plan ahead to compensate for them. For example, if a project you worked on didn’t pan out, prepare to discuss what went wrong, what went right, and how you learned from the situation.
Renegotiate Salary to Your Advantage - PON - Program on Negotiation at Harvard Law School When it’s time to renegotiate salary, we often downplay our contributions to the organization. Here’s advice on how to bargain up rather than down—and earn what you truly deserve.
Furloughed or laid off? You're likely owed your full week salary or your hourly pay if you're still helping your employer with its quick questions or tasks from home. This amount would then be tripled and your attorney fees covered if your employer refuses to pay it and you bring suit. Share this post and contact LampkeLaw for a free consultation!
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