women negotiations 2.16.12
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How Women Can Negotiate More Effectively
Caitlin Henke, M.A.
Career Development Facilitator
Research Says…
• Men 4 x more likely to initiate negotiations
• There is a high cost for not negotiating
• The salary gap at age 30 is $11,000 because of negotiation not occurring
• Women often feel that if they are not offered something then they are not qualified to get it.
I’d rather go to the Dentist
• Women are received better when they are perceived to be: social, friendly, non-confrontational and considerate
• Believe negotiation goes against these principles• Interestingly, women negotiate well for others but
not for themselves
We need to expand our definition of negotiation
• Too often we think of negotiating only in terms of formal rituals like negotiating a salary or a asking for a promotion
• Broadening your view opens up possibilities
Why is this such a challenge?
• Social cost of asking
• Don't feel the same sense of entitlement
• More likely to cooperate
• Socialization- learn not to self promote
• Occupation segregation
• Access to information
Creating a Bridge
• All negotiators are interested in 2 things the substance of what is being negotiated the ongoing relationship with the other party
Women are frequently reluctant to negotiate because they don't want to damage a
relationship
Goal
• Can be difficult because it feels greedy or selfish Negotiating on behalf of others- feels more
legitimate and easier to initiate
The goal is to connect what's good for you to what's good for the organization
Strength
• Women’s strengths in negotiating are: cooperative orientation, sharing information, listening, and creativity
• Who is at the table can be just as important to the eventual outcome as what is on the table
Steps to Effective Advocacy
• Take Stock of your value
• Make your value visible
• Anticipate Challenges
• Appreciate the other’s situation
• Make it easy for the other side to say yes
Role Playing
• Increase the chances of controlling the outcome of negotiation
• Imagine the harshest, most critical thing someone might say to you and rehearse your responses
• Pay attention to how you ask. Show off Competence. Do not be threatening.
• How persuasive is your argument?
Negotiation is a Collective Process
• Negotiating skills are critical for everyone today.
• Apply to everyone who negotiates—which is all of us all the time.
• The more skillful we become as advocates in a collaborative process, the more we can expand our opportunities.
• Establish credibility
Initial Salary Negotiations
• Before the offer (knowing what the Negotiable Conditions are as well as your
bottom line)
• When you get offer(ask for more time)
• Entering in(know your personal style, what is on the table, who is at the
table)
How Would You Respond?
Interviewer:
• “ So Susan, what kind of money are you looking for?”
How Would You Respond?
Bad response:• “I think $50,000 is a good starting salary for
me.”Better response:• “Since this is my first professional position,
could you tell me what salary range has been approved for this job?”
Remember: the first person to state a number loses.
How Would You Respond?
Interviewer:
• “ How much were you making in your last job?”
How Would You Respond?
Bad response:• “I was making $50,000” Better response:• “My salary was within the average range
for someone with my qualifications in this industry and location.”
Avoid stating a figure. You may price your self out of the job or get a salary lower
than your worth.
Asking for More Time
Interviewer:
• “I need an answer in 2 days.”
Possible response:
• “Is there any flexibility in that timing? I need to check on a few things before I make my decision. I can get back to you in 5 days.”
Asking for More Time
Possible response:
• “I’m expecting a few other offers to come through in the next week. I am very interested in this position but I want to make my decision knowing all of my options. Would it be possible to get back to you next week?”
We are Here to Help
• Contact us 277-2531
• Walk ins everyday or schedule an appointment
• www.career.unm.edu