Mistakes to avoid - Deepstash
Ultimate Guide to Reducing Churn

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Ultimate Guide to Reducing Churn

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Mistakes to avoid

  • You break the silence too soon. Employers use silence as a negotiating tool. Instead of backpedalling, use the silence in your favour.
  • You ask for a salary that reflects your lifestyle, not facts. Most employers work within salary guidelines set by the company for entry-level positions, not by your lifestyle expenses.
  • You accept a low salary without negotiating.  if you do that, you’ll likely be underpaid as long as you stay at that company. 
  • You think of salary negotiation as a take-it-or-leave-it scenario. You could ask for a review and salary adjustment based on your performance.

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Steps to put yourself in a strong position

Steps to put yourself in a strong position

  • Talk to members of professional associations of your target industry. Use Glassdoor and Google to find the market value of your position.
  • Take a deep dive into the specifics of the position to reveal a range of leveraging options.
  • Use...

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Essentials in any salary negotiation

Essentials in any salary negotiation

Salary negotiation is a conversation, not a battle. Here are a few tricks to keep in mind.

  • Never accept a verbal offer. Ask for an opportunity to review everything in writing.
  • Do your research on pay parity.
  • Figure out what you ...

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Negotiating a salary in the interview process

Negotiating a salary in the interview process

Salary negotiation is an important part of the interview process. You risk losing if you don't ask for more.

Even if you don't think you have leverage, you should still negotiate.

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Negotiating when you don't have much experience

It can be nerve-racking to negotiate your salary if you’re a recent graduate or someone who wants to change careers.

It's common practice for companies to lowball initial offers because they expect jobseekers to negotiate. Not negotiating your starting salary can set you back more than $500...

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How to Amp Up Your Earning Potential

How to Amp Up Your Earning Potential

  • When negotiating a salary, get the company to name figures first, otherwise you can’t know if you’re lowballing or highballing. 
  • Try to negotiate more than just your salary. Work hours, official title, parental leave, vacation time, and which projects you’ll work on cou...

The perfect time to ask

  • If your performance review is coming up, plan to raise the topic after receiving favorable feedback.
  • If you don't have a performance review on the horizon, you could schedule a salary discussion a few months before the yearly budget is set.

Applying The Benjamin Franklin Effect

Ask for help when you need it, but not too often. 

If you reach a roadblock during a negotiation, ask the investor or negotiating party for a favor and give them a reason to come back to you. This will help you reopen the discussion, and give them a perceived sense of power yo...

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