- Let the other side go first and anchor monetary negotiations.
- Establish a range, expect the counter party to come in on the low end. a. Counter by recalling a similar deal which establishes your āball parkā albeit the best possible ballpark you wish to be in.
- Be plesantly persistent on non-salary terms
- After initial salary is negotiated, define terms for success and next raise/promotion. a. āWhat does it take to be successful here?ā
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Question like āWhat does it take to be successful here?ā helps define success and invests the counterparty in your success
1
What do you think you should be paid?
2
****Without range understanding****
āItās early in the interview process, and Iām still getting to know the role and doing my research, but if youāre trying to fit into a certain range that would be helpful to knowā
Iām still calibrating
****With range understanding****
Based on all the research Iāve done and conversations Iāve had, Iām thinking this role should probably pay $XX in terms of base salary plus bonus, equity and other benefits. I wonder if that lines up with what youāre thinking.ā
https://fearlesssalarynegotiation.com/salary-expectations-interview-question/
1. Voss, C. & Raz, T. Never Split the Difference: Negotiating As If Your Life Depended On It. (Harper Business, New York, 2016).
2. Peck, E. What Do You Think You Should Be Paid? The New York Times (2021).