The Prof G Pod with Scott Galloway The Future of Work Part 2: Talk About Money
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Mar 1, 2023 The discussion dives into effective salary negotiation tactics, emphasizing the power of using an external job offer as leverage. It highlights the impact of recent labor laws on gig workers and unions. Listeners learn about the importance of a thriving middle class in addressing wealth inequality. Inspiring stories from the gig economy showcase how skill development can lead to success, while practical advice is offered on navigating restrictive immigration policies and preparing for performance reviews.
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Negotiating with Competing Offers
- Use outside offers as leverage in salary negotiations, but consider your overall happiness.
- Assemble a "kitchen cabinet" of trusted advisors, including someone at work, for guidance.
The PRO Act and Gig Workers
- The PRO Act aims to strengthen unions and protect gig workers by classifying them as employees.
- Companies like Uber oppose such legislation to maintain cost-saving independent contractor classifications.
The Middle Class and Unions
- The middle class isn't organically formed; it requires investment and worker protections like unions.
- Unions historically empowered workers to negotiate fair wages, contributing to a thriving middle class.