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Seven Strategies For Negotiating Success
Seven Strategies For Negotiating Success
for Negotiating
Success
Prepared By:
• Ahmed Taher
• Marwa Qotb
• Esraa Karam
• Aya Ghonem
• Baher Mogahed
• Engy Ramadan
Seven Strategies for
Negotiating Success
Practical example
Before prioritizing Benefits Current company Target company
Be Ready to Compromise
• Most employers are willing to negotiate, but they also need to know
that you are willing to as well. A heavy-handed “pay me what I’m
worth or else” ultimatum is not recommended. If the employer comes
close to what you’re after, you’ll have to decide whether to settle on
this figure.
Know How
Much
Leverage You
Have
What is leverage?
leverage
4. After you’ve evaluated the
leverage and improved your own
Plan B, determine how to
effectively use it
5. Value your reputation as a goal
6. Downplay your leverage.
7. Emphasize “fair” standards
How to strengthen your leverage
The truth is you probably have no idea what they pay people
because that decision—what a company pays someone to do a
job—is dependent on lots of factors that have nothing to do
with your particular qualifications to do the job.
The “real” salary they’re willing
to pay could increase throughout
your interview
What most people don’t know is that the company’s
own answer to the salary expectations question could
change as you move through the interview process.
Level 3 answer
“I’m not comfortable sharing my current employer’s proprietary
compensation information, and I know they wouldn’t appreciate
it if I did. I still work for them, and I’m just not comfortable
sharing their proprietary information about how they pay people
like me. I really don’t have a specific number in mind for an
expected salary, and I look forward to hearing what you suggest.”
• Bonuses
• Gain sharing
• Profit Sharing
Variable Pay as a Percent of Sales
• Follow a Process
• Prepare the Other Side First
• Be Easy to Work With
• Strive for a Win-Win Solution
• Think Long Term
• The rule of three Dimensions
• Be Prepared to Renegotiate
• The salary and benefits package
• My Career path goals ,my previous experience
• The incentives offered are motivational or not
• How I can handle the challenges of the new
position
• The hours and the travel trips required and my