You Are Not So Smart

215 - Jerks at Work - Tessa West

Sep 19, 2021
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INSIGHT

Status Affects Raise Success

  • Higher-status employees are more likely to get raises because they've learned to ask for them early.
  • Fear of rejection and lack of skills training hold many back from negotiating salaries.
ADVICE

Ask Raises From Boss's View

  • When asking for a raise, focus on how it benefits your boss and solves their problems.
  • Present data about pay inequities and offer quick benefits to overcome loss aversion.
ADVICE

Be Transparent About Salaries

  • Be transparent with colleagues about salaries to improve negotiation power and uncover inequities.
  • Keeping salary info secret benefits only those at the top who want to control raises.
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