01: How to Negotiate a Raise - the Do's and Don'ts

The Do’s and Don’ts of negotiating a raise  Summary:  Being paid fairly for your work is always a hot topic issue.  In fact, if you’ve been at your company for quite a while, you should consider asking for a raise.  And it’s not just an intellectual exercise. Not getting a raise can cost you hundreds of thousands of dollars over the course of your career and you might be missing out on valuable buffers against inflation.  But it’s not about asking for a raise – it’s about learning how to negotiate that raise.  It’s a difficult conversation especially if you are squeamish talking about money or touting your own accomplishments.   In today’s episode, Lucie and Chris walk through the Do’s and Don’ts of difficult conversations around negotiating a raise.  They cover: The importance of research Focusing on value and growth of the company Creating a collaborative environment  And teach you how NOT to do it, including: Don’t lie/bluff/threaten Don’t talk about fairness Then they demonstrate how to do the conversation in two different scenarios.  Let us know what you think – what could Chris have done differently to negotiate his raise? Resources Instagram account that Chris referenced around salary transparency – Salary Transparent Street Info about Mastering Difficult Conversations Course Contact Us  Instagram Youtube Email – [email protected] Chris – www.linkedin.com/in/chriswonglmhc Lucie – www.linkedin.com/in/lucietesarova