Ep#7 - Navigating The Art Of Negotiating Compensation The Women's Room

Ep#7 - Navigating the Art of Negotiating Compensation

2M ago 29:11

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This episode delves into the complex topic of negotiating compensation, addressing common challenges people face in asking for salary increases, bonuses, promotions or flexible work conditions. It analyses how negotiating styles can vary based on cultural upbringing, gender, and individual confidence, citing research findings throughout. It then looks at detailed strategies for enhancing negotiation confidence, emphasising recognising personal achievements, clarifying expectations, doing market research, and articulating specific salary requests, all while maintaining a positive mindset and remaining proactive. I hope these tactics will help ensure fair remuneration and shift societal norms and expectations around salary negotiation, particularly for women.

Timestamps:

00:00 Introduction to Compensation Negotiation

01:32 Understanding the Psychology Behind Negotiation

03:44 Gender Differences in Negotiation

06:52 The Impact of Negotiation on Career Progression

08:37 The Role of Socialisation and Gender Roles in Negotiation

13:32 Practical Steps to Improve Negotiation Skills

15:19 The Importance of Confidence in Negotiation

17:05 The Art of Asking: Making Your Compensation Request

21:50 Dealing with Rejection in Negotiation

28:18 Conclusion: The Power of Negotiation

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