Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation...

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Evaluating Offers & Negotiating

Transcript of Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation...

Page 1: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Evaluating Offers & Negotiating

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Page 2: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Evaluating Offers & Negotiating

Page 4: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,
Page 6: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

go.umd.edu/phdcareerinfo

Handouts & Slides from Previous Workshops:https://gradschool.umd.edu/professionaldevelopment/workshop-materials

• PhD Career Updates e-newsletter• Follow @UMDPhDCareers

Page 7: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Career Self-Management Competencies1.

2.

3.

4.

5.

6.

7.

8.9.

10.

Page 8: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Today’s take-aways:

1.

2.

3.

4.

Page 9: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Hiring Process

Page 11: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Do salary research as part of your initial interview preparation

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Page 13: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

You have an offer. Now what?

Page 14: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Consider how the position fits you…(more than salary)1.2.3.4.

5.

6.7.8.9.

Page 15: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Evaluate the whole compensation package against your needs.

https://www.career.ucla.edu/PhD-Masters-Career-Services

Page 16: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Salary Negotiation Basics

Page 17: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Research shows that:

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What’s negotiable?•

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Page 19: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Negotiation Strategies Overview

1.2.

3.4.

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Page 20: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Come up with a TARGET salary before negotiating:•

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Page 21: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Overview of Salary Negotiation Steps

1.2.3.

a.b.c.

d.e.f.

4.5.

Page 22: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Figure out take-home of target salary Read about free paycheck calculators

Page 23: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

You get an offer at or above TARGET SALARY (Yay)1.

2.

3.

Page 24: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

You get an offer below your BOTTOM LINE...1.2.3.

4.5.

6.

Page 25: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Page 26: Evaluating Offers & Negotiating · Salary Negotiation Basics. Research shows that: ... Negotiation NO NOs •Unfounded, unrealistic salary expectations. Do your research. •An aggressive,

Negotiation NO NOs• Unfounded, unrealistic salary

expectations. Do your research.• An aggressive, contentious attitude

toward offer & negotiations -remember you might be working with them.

• Do not accept an offer in writing and then back out. It is UNPROFESSIONAL!

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Practice, Practice, Practice

1.

2.3.4.5.6.7.

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Know how to professionally...

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What are your next steps?

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Questions?