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Digg it UP - Coach Lee Sumner's Advice About Salary Negotiation
Mobile Car Wash in Dubai?Dubai in the United Arab Emerits is ripe for a mobile car wash business, as the current car wash businesses there are quite lacking. With the economic development and shopping malls a well-marketed mobile car wash company could run 30-50 units of various size and dominate the market. Few are aware of the potential in that Middle Eastern region. For the international Entrepreneur they may find greener pastures in Bombay or Shanghai, yet Dubai should also be on their international target market list?Some do realize the potential there, but others have asked; “Have you been to Beijing lately?” It is strange that all these new entrepreneurs there have not seen the potential, but e first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
such as:
Health insurance, vacation time, annual salary review, retirement savings
plans, bonus plans, college tuition reimbursement plans, stock options.
If pushed on the subject, state the range you have in mind. The bottom o How Can a Piece of Cardstock Make Networking, Promoting & Selling Your Business Easier and More Fun?I met Darlene at one of my networking meetings; she's never run a business or come to a networking meeting in her life. And it shows. Between bites of my morning cottage cheese I peek over at her and see her flipping her hair, tapping her pencil and biting her lip in what seems to be one continuous fidget. Darlene's scared out of her wits, she isn't comfortable and she certainly isn't confident. You just couldn't help but feel bad for her. You've got someone really trying to do something in his/her life but just isn't comfortable doing it.
A lot of us are like Darlene (or were like her), some more than others; I used to be a little like her too. I didn't always feel so c You've bought a great suit and a pair of new shoes. You're preparing to interview for a new job for which you feel very qualified. But you need help assessing the value of your skills and experience to calculate a respectable salary. You want to pinpoint a salary that you feel confident asking for and that your future employer will feel comfortable paying you. How do you figure out what you're worth and actually get it?Salary negotiation can be an emotional experience. We want the job but we need
more money. Or we may be afraid that if we push too hard the company will offer
the job to another candidate. Negotiating is not merely saying, "I want more money."
You're looking for a way to reach an agreement, not a confrontation, with your
future employer. Before discussing salary, you need to have the answers to certain
questions, such as:
- What is the salary range for this job in this geographical area?
- What is the lowest salary I will consider?
- What makes me worth a higher salary?
- What makes me uniquely valuable to this company?
You can research salary information through the National Association of Colleges
and Employers, job-hunting websites, libraries, trade publications, a college career
office, or people who work in that industry or company.THE INTERVIEW While salary negotiation begins after the interview process, it really starts in the
initial interview. That's when you will tell the company about yourself, your
accomplishments and what you can do for them. You'll want to use active words in
the interview to describe your achievements such as: I developed, I coordinated, I
took charge of, I initiated, I oversaw, and I actively contributed to. During the
interview, you want your eventual supervisor to feel that you can help solve his or
her problems. Here are some rules-of-thumb related to salary negotiations that will
help you during the interview process:
- Listen to understand the needs of the company and the person doing the
hiring. What does this involve? Making good eye contact throughout the interview-
the surest way to establish trust. Not interrupting and allowing them to finish their
thoughts. Repeating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
such as:
Health insurance, vacation time, annual salary review, retirement savings
plans, bonus plans, college tuition reimbursement plans, stock options.
- If pushed on the subject, state the range you have in mind. The bottom of
Paralegal Career - 5 Tips To Determine If It's Right For YouIf watching TV shows like Law and Order or old Ally McBeal re-runs has you thinking you would love a career as a legal assistant, you may want to look into the real world of one before entering the paralegal job market.Working as a paralegal can be interesting and very rewarding work, but no one should enter the field with delusions of becoming an Erin Brockovitch. Listed below are some of the qualities a good paralegal should have.1. You must love research. Not only must you love it, you should be the kind of thinker who can find innovative ways to find facts as you research cases. Maybe your research will require surfing the Internet for days on end, or you may find andidate. Negotiating is not merely saying, "I want more money."
You're looking for a way to reach an agreement, not a confrontation, with your
future employer. Before discussing salary, you need to have the answers to certain
questions, such as:
- What is the salary range for this job in this geographical area?
- What is the lowest salary I will consider?
- What makes me worth a higher salary?
- What makes me uniquely valuable to this company?
You can research salary information through the National Association of Colleges
and Employers, job-hunting websites, libraries, trade publications, a college career
office, or people who work in that industry or company.THE INTERVIEW While salary negotiation begins after the interview process, it really starts in the
initial interview. That's when you will tell the company about yourself, your
accomplishments and what you can do for them. You'll want to use active words in
the interview to describe your achievements such as: I developed, I coordinated, I
took charge of, I initiated, I oversaw, and I actively contributed to. During the
interview, you want your eventual supervisor to feel that you can help solve his or
her problems. Here are some rules-of-thumb related to salary negotiations that will
help you during the interview process:
- Listen to understand the needs of the company and the person doing the
hiring. What does this involve? Making good eye contact throughout the interview-
the surest way to establish trust. Not interrupting and allowing them to finish their
thoughts. Repeating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
such as:
Health insurance, vacation time, annual salary review, retirement savings
plans, bonus plans, college tuition reimbursement plans, stock options.
- If pushed on the subject, state the range you have in mind. The bottom o
How I Became A Successful (Part-Time) Import/Export AgentSeveral years ago, when I was invited to sit on the board of Wade World Trade, an educational institution established in 1946 to help entrepreneurs become import/export agents, I thought I would try it out for myself. I have to say that although I am not a natural entrepreneur (I hate anything which smacks of ‘selling’) I have never regretted the decision.My first challenge was to find something to import or export. After much thought I decided I had to pick an area I was interested in anyway so I chose food. Since ‘artisan’ food producers are not very commercial it was a good decision. They find it easy to sell their products locally but tend to be hopeless at marketing over s, libraries, trade publications, a college career
office, or people who work in that industry or company.THE INTERVIEW While salary negotiation begins after the interview process, it really starts in the
initial interview. That's when you will tell the company about yourself, your
accomplishments and what you can do for them. You'll want to use active words in
the interview to describe your achievements such as: I developed, I coordinated, I
took charge of, I initiated, I oversaw, and I actively contributed to. During the
interview, you want your eventual supervisor to feel that you can help solve his or
her problems. Here are some rules-of-thumb related to salary negotiations that will
help you during the interview process:
- Listen to understand the needs of the company and the person doing the
hiring. What does this involve? Making good eye contact throughout the interview-
the surest way to establish trust. Not interrupting and allowing them to finish their
thoughts. Repeating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
such as:
Health insurance, vacation time, annual salary review, retirement savings
plans, bonus plans, college tuition reimbursement plans, stock options.
- If pushed on the subject, state the range you have in mind. The bottom o
Five Important Questions to Ask About FranchisesJust like any other new business, a franchise business has financial obligations that you have to meet that include startup costs and ongoing expenses. In general, the better the franchise brand is know, the more the franchise will cost. All franchises require an investment ranging from several thousand to millions of dollars. Before buying a franchise, you need answers to specific financial questions.How much initial investment will you need to buy the franchise?Your startup costs will include a franchise fee, an initial cash investment, professional fees, insurance, employee training, operating licenses, inventory, equipment, rent, utilities, moving expense that you can help solve his or
her problems. Here are some rules-of-thumb related to salary negotiations that will
help you during the interview process:
- Listen to understand the needs of the company and the person doing the
hiring. What does this involve? Making good eye contact throughout the interview-
the surest way to establish trust. Not interrupting and allowing them to finish their
thoughts. Repeating back to the person, in the course of your answer, part of what
they've just said. Nodding after they make a statement to reinforce that you've
heard it.
- Try not to be the first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
such as:
Health insurance, vacation time, annual salary review, retirement savings
plans, bonus plans, college tuition reimbursement plans, stock options.
- If pushed on the subject, state the range you have in mind. The bottom o
Registration Forms: How to Make Them Irresistible with DiscountsEveryone LOVES to save money or get a deal when making a purchase - and registering for an event is no different. Use pricing discounts to give your prospective registrants an opportunity to save on the registration fee. We're not saying everybody, every time - pricing discounts are typically based on timing, volume, or type of registrant.Early-Birds Get the Discounts
You've seen it or at least heard about it, but are you using one of the most popular and successful discount hooks - the Early-Bird Special? An early deadline creates urgency to get the registration done quickly before the discount expires on the date you set. In our experience, over 80% of r e first one to mention money. Don't tell them how much you'll
take. If you underestimate your worth, you'll low-ball yourself and have to settle for
less than the company was prepared to pay.
- If asked what salary you're looking for, say you have a range. Then say it really
depends on the total package, including fringe benefits you might be entitled to,
such as:
Health insurance, vacation time, annual salary review, retirement savings
plans, bonus plans, college tuition reimbursement plans, stock options.
- If pushed on the subject, state the range you have in mind. The bottom of
the range is what you must have and the top is 10-15% above what you'd take.
("I'm looking at a $65,000-$72,000 range"). Your range is based on your
analysis of the market and what you feel you're worth to the company.
- If asked what your current pay is, tell the truth. If you're due for a
raise or bonus, mention that also.
THE NEGOTIATION PROCESS There are several ways the conversation might go as you discuss salary and reach a
mutual agreement with your future employer. Let's say she has just offered you
$62,000 annual salary. You can say "O.K" and settle for less than you're worth. Or
you can swallow the "O.K" and say "Hmmm" instead. According to Jack Chapman in
his book, Negotiating Your Salary: How to Make $1000 a Minute, "When you hear
the figure or range, repeat the figure or top of the range and then be quiet."
"$62,000? Hmmm (pause) That sounds a little low." To avoid sounding arrogant, use a question rather than a demand. "Hmmm,
$62,000 (pause). I'm delighted that you're interested in me and I am very
interested in the position. Based on my experience, I'd like to be making between
$65,000 and $72,000. What would it take to get to the higher level within that
range?" Make a positive statement about liking the company or job before asking for
other things. This communicates that you appreciate the offer and are almost ready
to join them, if you can just get this one last thing. "Hmmm, $62,000. I like the
opportunity and I know that I could contribute to your company, but I really need
$65,000 as a minimum. I would love to work here if I can get that figure. Is there a
way we can work that out?" Don't worry that the employer will change her mind about hiring you just because
you ask for more. You must have interviewed well and be a front-runner or else you
wouldn't be getting an offer. Besides, you aren't pushing her higher than she
expected to go anyway. If you get an offer that's a little lower than you wanted with
a company you love or one where you'd have great upward potential, ask if you can
get a salary review in 3-6 months instead of a year. The process of negotiating is an important skill at any level of employment and it
pays off in two ways--by putting money in your bank account and paying dividends
in increased self-esteem. Follow these guidelines and get ready to make a toast to
your suc
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