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Gerta & Alex are the founders of YourNegotiations.com, where they help executives and mid-career professionals negotiate job offers and business deals. Their backgrounds span tech (LinkedIn, Meta / Instagram, Salary.com), biotech (Sanofi), the US Air Force, venture capital, and building venture-backed companies. They're Harvard, MIT, and Wharton alums and have helped hundreds of clients add on average $100K and up to $1.7M to their compensation packages.
Hi Reader, The recruiting process has a lot of unwritten rules, and most candidates follow them without question. When a company asks you what your preferred salary is, it seems normal to give it to them. It just feels like what you're supposed to do, so you do it. That's just what the process looks like, right? It doesn't have to be. The norms favor employers, and that's not an accident There's a quote by American author Eliot Schrefer: "Tradition is just peer pressure from dead people." In...
Hi Reader, We held a free negotiations Q&A recently (if you missed it, we'll announce future ones here on our newsletter), and there's one question that comes up every single time: "When a company asks me what my preferred salary is, what should I say?" TLDR: don't give them a number or range. Let's dive deeper into this. Be careful with early compensation questions Sharing your preferred salary number will never help you, except in very rare edge cases. Imagine that negotiations are like a...
Hi Reader, There’s a video of Meryl Streep going around where she describes how she doubled her compensation for “The Devil Wears Prada” in 2006. What went down? TLDR: The Devil Wears Prada (2006) team called Meryl Streep to offer her the role. She said no. They doubled her ask. Here's a breakdown of her negotiation tactics, her leverage, and how that’s applicable to everyday negotiations like job offers: Quick PSA: Free Live Q&A this Friday We're hosting a free negotiations Q&A this Friday,...