The Financial Coconut Podcast cover image

The Financial Coconut Podcast

Salary Liberation: How to Rise Above The Last Paycheck Stigma [TFC Wise & Shine Ep 49]

Oct 15, 2023
Explore tactics to avoid undervaluation and tips for negotiation, challenging discriminatory practices in salary ranges. Delve into the impact of tying earnings to last salary and the unfairness it brings. Discuss strategies for negotiating salary, including the importance of confidence and leveraging opportunities. Learn about effective negotiation techniques and alternative areas to negotiate in everyday situations.
40:26

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Quick takeaways

  • Increase leverage in negotiations by building relationships and expanding your professional network.
  • Having leverage allows you to confidently negotiate and ask for what you believe you deserve.

Deep dives

Increase your leverage and participate in industry events

To break free from being held back by your last salary, try to increase your leverage in negotiations. Participate in industry events and network with professionals in your field. By building relationships and expanding your professional network, you may gain valuable insights and opportunities that can help you create new job roles or negotiate better terms. This way, the emphasis is less on your previous salary and more on the value you bring to the organization.

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