Yanely Espinal, Bradley T. Klontz, Psy.D., CFP, and Kamila Elliott, CFP Offer Insights on Salary Negotiation

Tuesday, 15 October 2024, 14:52

Yanely Espinal's guide on negotiating a higher salary provides essential strategies from experts Bradley T. Klontz, Psy.D., CFP, and Kamila Elliott, CFP. This guide equips professionals with the necessary tools to advocate for better compensation in both current jobs and new roles, enhancing their earning potential significantly.
Cnbc
Yanely Espinal, Bradley T. Klontz, Psy.D., CFP, and Kamila Elliott, CFP Offer Insights on Salary Negotiation

Strategies for Effective Salary Negotiation

In order to secure optimal salary outcomes, professionals must understand the dynamics at play during negotiation processes. Here, we discuss essential tactics.

Research and Preparation

  • Know your worth by researching market salaries for your role.
  • Prepare your accomplishments in a quantifiable manner.
  • Rehearse your propositions and anticipated responses.

During the Negotiation

  1. Start with a confident opening statement based on your research.
  2. Listen actively to the employer's needs and concerns.
  3. Be ready to negotiate beyond base salary, considering other benefits.

b>Closing the Deal: Once you reach an agreement, ensure all terms are documented clearly.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe