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How to Negotiate a Raise: Tips, Timing, and Tactics
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In Episode 61 of 'It's About Your Paycheck,' we dive deep into the crucial topic of salary negotiation. Learn how to get what you’re worth, prepare thoroughly, and build a strong business case to boost your salary. We also discuss the current job market trends based on a World Economic Forum article, identifying the fastest growing and declining jobs. If you’ve been struggling to negotiate or want to stay relevant in today's job market, this episode is a must-watch. Plus, we share tips on handling objections gracefully and the significance of staying professional throughout. Tune in for invaluable advice and actionable strategies to enhance your career.
00:00 Introduction and Episode Kickoff
00:22 Casual Catch-Up and Travel Stories
01:50 Financial Fitness Challenge
04:32 Fastest Growing and Declining Jobs
11:54 Understanding the Unemployment Rate
15:26 Sponsor Message TimeTrakGO
17:19 Negotiating Your Salary
21:52 Quantify Your Accomplishments
22:07 Frame Your Raise as a Mutual Benefit
22:56 Communicate Confidently and Professionally
24:13 Avoid Personal Reasons for a Raise
26:02 Handling Objections Gracefully
27:07 Negotiate Beyond Salary
28:59 Follow Up and Stay Professional
32:52 Statistics on Salary Negotiation
39:07 Is Resignation a Valid Negotiation Tactic?
41:44 Final Thoughts and Sign Off
Links & Resources
Time TrakGO 50% Off - www.timetrakgo.com/iap
Brian’s News Update - https://smartasset.com/data-studies/state-salary-living-comfortably-2024
Learn more about your ad choices. Visit megaphone.fm/adchoices
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