You Go First: the Salary Negotiation How-to [Webcast]

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You Go First, the Salary Negotiation How-to AMY MILLER – RECRUITER WWW.ABOUT.ME/ALARECRUITER

Transcript of You Go First: the Salary Negotiation How-to [Webcast]

Page 1: You Go First: the Salary Negotiation How-to [Webcast]

You Go First,

the Salary Negotiation

How-to

AMY MILLER – RECRUITER

WWW.ABOUT.ME/ALARECRUITER

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Salary Negotiation

The GOAL – win/win/win – happy hiring manager, candidate & RECRUITER

When is the “right time” to approach the salary conversation?

How to navigate push back – the candidate who won’t commit to a

number

Do you really lose if you go first? Myth busting

Is it possible to pre-close?

How to make your candidate you ally in the salary negotiation war

Arm yourself with data – for both candidates and Hiring Managers

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What’s the Problem?

An adversarial mindset

“Us against Them”

Common HR / Recruiting myths

Really, REALLY bad advice

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What does the internet say about

Salary Negotiations?

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Of course I checked…

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When is the right time to talk $$?

Early, often, and

specifically

We have a role / team in

mind

If the next conversation is

with the business

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Navigating Pushback

Explain why you’re asking

Empathize / understand

Turn the conversation to the market - what’s reasonable? How does this fit their view?

More than just base salary – other compensation elements

Decide if you CAN move forward, and how

Transparency with hiring

managers

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After you. No, after you!

Does it REALLY matter who goes

first?

Establish trust and credibility

Be conservative, but HONEST

Conversation starter

Transparency at every point

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The Pre-Close

“Has anything changed since we last

talked?”

Revisit target comp discussion,

expected / conservative salary

ranges

How is the candidate “showing up”

during the interview? Senior level

money demands senior level

interview – act accordingly

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Partnering with your candidate

Cover components of the offer, how does that compare to existing comp and / or other offers?

I can’t beat what I don’t know

Weighing important factors – bonus, stock, relocation, sign on, benefits – all must be taken into consideration

Confidential conversations

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Let the data speak for you

Negotiation with Hiring Managers

Keep track of previous offers,

company norms

If asking for exceptions, be prepared

to make your case

Competitive offers, information

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Thank You!

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Let’s Get Started!

Resources:

business.linkedin.com/talent-solutions

Create a free career page:

business.linkedin.com/talent-solutions/company-career-pages

#HireToWin