The Money with Katie Show

Negotiating Tactics that Actually Work

17 snips
Mar 30, 2022
From researching salary ranges to using LinkedIn and a competing offer, this conversation explores practical ways to negotiate pay. Career and money coaches also discuss asking for a signing bonus, deciding what number to name, and building the confidence to walk away when an offer falls short.
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INSIGHT

Engaged Advocates Trump Fancy Tactics

  • Building an engaged network of advocates matters more than negotiation tactics alone.
  • Katie says being a dependable, visible employee and cultivating senior supporters before negotiations creates leverage and trust that influences outcomes.
INSIGHT

Optionality Is The Ultimate Leverage

  • The person who cares less wins because optionality creates leverage in negotiations.
  • Katie explains that having a real alternative offer lets you authentically threaten to walk away and extract the best possible counteroffer.
ADVICE

Use LinkedIn And Volume To Win Offers

  • Get another offer by optimizing LinkedIn, casting a wide net, and applying to many roles you actually want.
  • Katie recounts rebranding her title to attract recruiter searches and applying to ~50 jobs in a month to land offers.
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