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How to Negotiate a Raise and Get That Promotion with Alyssa Best and Traci Siegel Co-sponsored by the WIN Mid-Level Professionals Network and Professional Development Series

WIN Webinar On Negotiating Raises and Promotions

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This is a webinar for Women's Information Network members on negotiating raises and promotions.

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Page 1: WIN Webinar On Negotiating Raises and Promotions

How to Negotiate a Raise and Get That Promotion

with Alyssa Best and Traci Siegel

Co-sponsored by the WIN Mid-Level Professionals Network and Professional Development Series

Page 2: WIN Webinar On Negotiating Raises and Promotions

Today’s Agenda

Prepare for Your Performance Review Positioning Yourself to Get Promoted Negotiating a Raise Setting Yourself Apart from the Pack Resources Q & A

Page 3: WIN Webinar On Negotiating Raises and Promotions

Introductions Alyssa Best, Career

Consultant and WIN Member

Traci Siegel, Senior Vice President at GMMB and WIN Advisory Council Member

Page 4: WIN Webinar On Negotiating Raises and Promotions

According to a Washington Post Survey on Salary Stats for Men vs. Women… Women ask for raises or promotions 85

percent less often than their male counterparts

20 percent of women (22 million people) say they never negotiate at all, even though they recognize negotiation as appropriate and even necessary

2.5 times more women than men said they feel "a great deal of apprehension" about negotiation

When asked to pick metaphors for negotiations, men picked “winning a ball game match,” while women picked “going to the dentist.”

Source: Washington Post “Salary Stats: Men vs. Women” 2008

Page 5: WIN Webinar On Negotiating Raises and Promotions

Prepare for Your Performance Review Write out talking points and practice them Highlight your accomplishments in

quantifiable terms (Ex: managed $X million account)

Dress to impress – it’s not like another day at the office

Be prepared to negotiate a raise if you think you deserve more

Give thoughtful feedback about your job, supervisors, coworkers and the company overall

Page 6: WIN Webinar On Negotiating Raises and Promotions

“You can be the hardest-working employee in the world, but if your boss isn’t aware of it, you

won’t net any gains.” ~ Workplace Expert

Patty Sias, P.h.D.

Page 7: WIN Webinar On Negotiating Raises and Promotions

Position Yourself to Get That Promotion: Ask Yourself Do you have a good rapport

with your supervisor and team?

Are you working on high-profile projects?

Are you paid at the high-end range for your position?

Do you feel like you are due for a promotion?

Are you going above and beyond what is expected?

What are you known for?

Page 8: WIN Webinar On Negotiating Raises and Promotions

Know the qualifications for the position above you and then work like you are already in it

If the next position doesn’t exist, create it Dress for the position you want, not the one

you have Go above and beyond what is asked Make yourself invaluable and indispensible to

your supervisor Align yourself with senior staff Meet (and beat) every deadline Get in the office before your supervisor does

Position Yourself to Get That Promotion: Tips and Tricks

Page 9: WIN Webinar On Negotiating Raises and Promotions

More Tips and Tricks…

Ask what you can do to prepare for the next position

Let your supervisor know that your goal is to continue moving up

Don’t be ashamed to toot your own horn – make sure your supervisor knows all of your accomplishments

Share nice notes from clients, coworkers and colleagues with your supervisor

Page 10: WIN Webinar On Negotiating Raises and Promotions

Negotiating a Raise:Ask Yourself

What is fair and reasonable?

Is it the right time to ask?

What are you worth? Are you prepared for

the ask? How is your rapport

with your employer?

Page 11: WIN Webinar On Negotiating Raises and Promotions

Negotiating a Raise:Ask Yourself

What are you doing to step it up?

Do you have a specific goal in mind?

What is your ideal salary figure vs. your bottom line?

Page 12: WIN Webinar On Negotiating Raises and Promotions

Negotiating a Raise: Tips and Tricks

Don’t be afraid to ask – you’re worth it! Keep a running list of your accomplishments

and testimonials about your work Help your supervisor prepare for your review Research salaries for your type of job and

company Write out talking points for making the ask Consider negotiating other benefits and perks Practice your script

Page 13: WIN Webinar On Negotiating Raises and Promotions

State a slightly higher salary goal than you would settle for—this allows room for negotiation

Be firm and persistent Be collaborative—a “win-

win” is the ultimate goal Get the new salary offer

or arrangement in writing

Celebrate!

More Tips and Tricks

Page 14: WIN Webinar On Negotiating Raises and Promotions

Set Yourself Apart from the Pack

Working longer hours does not always set you apart – the quality of your work does

Take risks and know that you might fail, but you will eventually succeed

Take care of yourself by living a healthy lifestyle

Love what you do and it will show Speak up (but think first)! Have an online presence, but be smart about it Continue your professional development Network like your life depends on it Step up and be a leader!

Page 15: WIN Webinar On Negotiating Raises and Promotions

Resources Salary Surveys

Salary.com Idealist.org The New York Times: http://salary.nytimes.com Professionals for Nonprofits:

www.nonprofitstaffing.com

Websites and Blogs LYJ – Love Your Job: http://lyjnow.wordpress.com Shine.com Penelope Trunk’s Brazen Careerist:

http://blog.penelopetrunk.com Career Intelligence: www.career-intelligence.com Commongood Careers: http://cgcareers.org

Page 16: WIN Webinar On Negotiating Raises and Promotions

Resources Books

“Ask For It: How Women Can Use the Power of Negotiation to Get What They Really Want “

“Women Don’t Ask: The High Cost of Avoiding Negotiation--and Positive Strategies for Change”

“A Woman's Guide to Successful Negotiating” “Who Gets Promoted and Who Doesn’t” “12 Bad Habits that Hold Good People Back” “Nice Girls Don’t Get The Corner Office” “Designed for Success” “Play Like a Man, Win Like a Woman” “Women, Work & the Art of Savoir Faire: Business

Sense & Sensibility”

Page 17: WIN Webinar On Negotiating Raises and Promotions

Questions & Answers

Page 18: WIN Webinar On Negotiating Raises and Promotions

Thank You!

Alyssa Best: [email protected] Traci Siegel: [email protected] Mid-Level Professionals Network:

[email protected] Professional Development Series:

[email protected]