HIRE ME! ACADEMY TODAY, JUNE 17 OVERVIEW · OVERVIEW: Two-day intensive series geared toward...

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TODAY, JUNE 179:00 AM ACE THE INTERVIEW

10:10 AM VIDEO INTERVIEW IN ACTION!

11:20 AM NEGOTIATING AN OFFER

1:20 PM ASK A RECRUITER PANEL

2:30-4:00 PM LINKEDIN REVIEW

HIRE ME! ACADEMYOVERVIEW:T w o - d a y i n t e n s i v e s e r i e s g e a r e d t o w a r d s u p p o r t i n g A g g i e s i n b e c o m i n g j o b s e a r c h p r o s

A g g i e s a r e w e l c o m e t o a t t e n d a l l H i r e M e ! A c a d e m y w o r k s h o p s / e v e n t s / s e s s i o n s , o r s i m p l y p i c k a n d c h o o s e

A l l w o r k s h o p s / s e s s i o n s i n Z o o m

R S V P i n H a n d s h a k e t o r e s e r v e a s p o t & r e c e i v e Z o o m m e e t i n g d e t a i l s

530.752.2855 | icc.ucdavis.edu | South Hall

NEGOTIATINGAN OFFER

HOUSEKEEPINGT u r n o f f v i d e o & m u t e a u d i o

C h e c k i n ! E n s u r e y o u r n a m e i s d i s p l a y e d w i t h y o u r f i r s t & l a s t n a m e

U t i l i z e c h a t f e a t u r e t o a s k q u e s t i o n s / l e a v e c o m m e n t s

C o m p l e t e w o r k s h o p s u r v e y

W o r k s h o p s l i d e s w i l l b e u p l o a d e d t o h t t p : / / i c c . u c d a v i s . e d u / h i r e - m e -a c a d e m y . h t m

Is negotiating an offer an

option during a tough

economy?

1. KNOW YOUR VALUE

2 . KNOW YOUR TARGET SALARY AND BENEF I TS

3 . KNOW YOUR STRATEGY

4 . PRACTICE , PRACTICE , PRACTICE !

NEGOTIATING AN OFFER

Ident i f y you r accompl i shment s , s k i l l s , and exper iences and how they demons t ra te/b r ing va lue to a company/o rgan i za t ion

P repare va lue s ta tement s (e .g . , SAR [ S i tuat ion , Act ion , Resu l t ] s to r ie s ) you can h igh l igh t du r ing the negot ia t ion - Connect these va lue s ta tement s to the job

P ract ice conf ident l y a r t icu la t ing you r va lue in a way that re sonates w i th employe r s

STEP 1: KNOW YOUR VALUE

STEP 1: KNOW YOUR VALUE“As a re su l t o f my e f fo r t to do ___________ , I have ach ieved _____________ , wh ich p rov ided the fo l low ing spec i f ic benef i t s to the company : __________________ . ”

Example : “As a re su l t o f my e f fo r t to spearhead a marke t ing campaign p romot ing my depar tment , I i nc reased the depar tment ’ s soc ia l med ia fo l low ing by 30% over the cou r se o f an academic quar te r . Th i s i nc reased ou r v i s ib i l i t y on campus , doub l ing s tuden t s ’ engagement wi th ou r se rv ices and event s , and in sp i red new campus par tne r sh ips . ”

You are “worth” whatever comparably qualified and comparably placed people in your field are worth; you have a “market value”

Six steps recommended to know your target salary and benefits: 1. Research and identify a comparable job title 2. Find the salary range and establish your target salary 3. Establish your target salary range 4. Create a realistic budget5. Determine your resistance or “walk-away” point 6. Assess the value of your benefits

STEP 2: KNOW YOUR TARGET SALARY & BENEFITS

RESEARCH &IDENTIFYA COMPARABLE JOB TITLE

Use multiple resources for your research.

WHAT ARE SOME SALARY RESEARCH RESOURCES YOU KNOW OF OR HAVE

USED?

SALARY RESEARCH RESOURCES: Salary.com Glassdoor.com Payscale.com U.S. Department of Labor, Bureau of Labor

Statistics LinkedIn The business sections of your local newspaper Industry compensation surveys Business publications or other publications

specific to your industry The local chamber of commerce Anyone who might know the company, the

field, or the region

* Salary.com uses employer-reported data instead of individually reported data

INPUT A JOB TITLE OR KEYWORD &

LOCATION

Public Relations Specialist I

Also referred to as: Entry Level Public Relations Specialist, Public Relations Specialist I

Requirements and ResponsibilitiesPrepares and disseminates information regarding an organization through newspapers, periodicals, television, radio and social media. Ensures public relations goals and strategies are met. Helps maintain a favorable public image for the organization. May require a bachelor's degree. Typically reports to a supervisor or manager. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0‐2 years of related experience.

COMPARE SEVERAL JOB TITLES WITH THE GIVEN JOB

POSTING

SELECT THE APPROPRIATE JOB TITLE TO USE—THE ONE

THAT MATCHES THE JOB YOU ARE APPLYING FOR

FIND SALARY RANGE & ESTABLISH TARGET SALARY Target salary = desired salary

With salary research resource data and your selected job title, you can determine a salary range and target salary

ESTABLISH YOUR TARGET SALARY RANGE

Giving a range can suggest that you’re more cooperative and flexible

Studies suggest you will be more successful if you put your target salary at the bottom of the range versus asking for it outright

To create a target salary range, put your target salary as the anchor and stretch it upward

- Never stretch more than 20%; a smaller range may be more appropriate if you are entry or midlevel in your career

CREATE A REALISTIC BUDGET Allows you to determine your bottom line

Base your budget on the city you will be living and the salary you expect to receive

A popular budgeting guideline is the 50/20/30 rule

- 50% of your take-home pay (or less) toward paying for the absolute necessities of life

- 20% toward financial goals and obligations

- 30% for flexible spending

CREATE A REALISTIC BUDGET Once you have determined your target salary, estimate your monthly

take-home pay after taxes and other deductions - https://smartasset.com/taxes/california-paycheck-calculator

If your budget is greater than your target salary:- reexamine your budget to reduce expenses- assess whether the job is a realistic fit for your needs

Set salary targets on the basis of objective data and reasoning - Budget can inform your target salary but should not be a reason

to increase your salary outside of a range that you can justify through your objective reasons

DETERMINE A RESISTANCE POINT

Resistance point = the lowest salary you are willing to accept and still take the offer

Without a resistance point, you won’t know when to push back in the negotiation

Some considerations to help determine your resistance point: - Your budget (can inform your resistance point, but should not dictate it)- Available benefits- Other job offers that you have received - The experience you will gain - Your promotion potential - Your devotion to the mission of the organization

ASSESS THE VALUE OF BENEFITS Benefits can be negotiated; negotiating benefits

can help make up for any shortcomings in salary

Some benefits: - Sick, personal, and parental leave - Health insurance - Life and disability insurance- Flex time - Professional development - Retirement investment plan - Tuition reimbursement - Moving expenses - Title change- Parking privileges or expenses

STEP 4: KNOW YOUR STRATEGY TIPS FOR ENTERING YOUR NEGOTIATION:

Bring your notes into your negotiation

Remain positive and flexible Negotiation isn’t a battle, it’s a

conversation Don’t get personal Remember, your employer has

picked YOU; they want to make it work

Dur ing the interv iew, or appl icat ion s tage, you may be

asked about your sa lary h i s tory/expectat ions .

WHAT WOULD YOU DO IN THIS S ITUATION?

DEFLECT!

STEP 4: KNOW YOUR STRATEGY

DEFLECTION STRATEGIESWhen asked about your salary expectations:Make it clear that you want to learn more about the job before you share your salary expectations and that your requirements are negotiable and depend on the salary offered and the benefits package.

Examples: “I’d rather talk about that after I’ve received an offer.” “I’d like to see if I’m a good fit first before we discuss salary.” “I’d like to learn more about the role before I set my salary expectations. As we

move forward in the interview process, I would hope and expect that my salary would line up with market rates for similar positions in this area.”

DEFLECTION STRATEGIESWhen asked about your salary history…

Examples: “This position is not exactly the same as my last job. So let’s discuss what my

responsibilities would be here and then determine a fair salary for this job.”

“I’d appreciate if you could make me an offer based on whatever you have budgeted for this position, and we can go from there.”

“I’m really not comfortable with revealing that information but am interested in discussing some of the other ways I can help the company.”

YOU GOT THE OFFER!

NOW WHAT?

RESPONDING PERSUASIVELY TO AN OFFER

Listen carefully Gather information

- Ask what starting salary is, along with the benefits package Reiterate interest in role EITHER:

- Start negotiating right awayOR- Ask for time to consider the offer (Get offer in writing so you can

take time to review it)

RESPONDING PERSUASIVELY TO AN OFFER

If you get an offer at or above your target salary: Look at overall package and decide whether you want to negotiate further

or focus more on benefits

If you get an offer below your target salary: Attempt to negotiate upward Consider what benefits may bridge the gap to make the offer more

acceptable

Not negotiating is also an option But don't let fear of negotiating hold you back from doing so Use the ICC as a resource

ANTICIPATE EMPLOYER OBJECTIONS

Use your value statements and the information you gathered in your research to prepare talking points for potential responses to employer objections

CONCLUDING THE NEGOTIATION Get everything in writing!

Read carefully prior to signing to ensure everything you discussed is included.

Thank the employer and reiterate your excitement about this new role.

1. KNOW YOUR VALUE

2 . KNOW YOUR TARGET SALARY AND BENEF I TS

3 . KNOW YOUR STRATEGY

4 . PRACTICE , PRACTICE , PRACTICE !

NEGOTIATING AN OFFER

EVALUATING MULTIPLE OFFERS Weigh the pros and cons of

each offer

Cost of living calculator: https://www.salary.com/research/cost-of-living/

Beyond salary and compensation, consider your general career goals

ANY QUESTIONS? W o r k s h o p S u r v e y T e l l u s h o w w e d i d a t h t t p s : / / u c d a v i s . c o 1 . q u a l t r i c s . c o m / j f e / f o r m / S V _ 1 T G T I W u ra l c n N Y N

F o r t h i s P o w e r P o i n tV i s i t : h t t p : / / i c c . u c d a v i s . e d u / h i r e - m e - a c a d e m y . h t m

S t a y C o n n e c t e d U C D a v i s I n t e r n s h i p a n d C a r e e r C e n t e r

A p p o i n t m e n t s w i t h C a r e e r A d v i s o r s a v a i l a b l e :V i s i t h t t p s : / / u c d a v i s . j o i n h a n d s h a k e . c o m / l o g i n

TODAY, JUNE 179:00 AM ACE THE INTERVIEW

10:10 AM VIDEO INTERVIEW IN ACTION!

11:20 AM NEGOTIATING AN OFFER

1:20 PM ASK A RECRUITER PANEL

2:30-4:00 PM LINKEDIN REVIEW

Join us for the next Hire Me! Academy sess ion. A l l w o r k s h o p s / s e s s i o n s i n Z o o m .

R S V P i n H a n d s h a k e t o r e s e r v e a s p o t & r e c e i v e Z o o m m e e t i n g d e t a i l s .

S e e y o u a t t h e n e x t o n e !