Key Concepts
Negotiation, communication, recruiter relationship, hiring manager interaction, offer evaluation, counter-offer strategy, mindset, Albert Mehrabian's communication model.
Never Negotiate Via Email or Voicemail
- Absolute Rule: Never include negotiation-related words in emails or voicemails. The only acceptable email communication is to schedule a phone or Zoom call.
- Rationale:
- Albert Mehrabian's Communication Model: Only 7% of communication is the words used. 38% is tone, and 55% is body language. Email strips away 93% of communication cues.
- Misinterpretation: The recipient's mood and context influence how they interpret written communication, potentially negatively.
- Inability to Explain Rationale: Written questions prevent you from explaining the reasoning behind them, leading to assumptions.
- Lack of Iteration: Email limits the ability to explore multiple solutions or negotiate creatively. You can't have a back-and-forth conversation to find mutually beneficial outcomes.
- Example: Instead of emailing questions about the offer, say, "I'd really like to talk it through. That way I can explain why I want to understand what I want to understand."
Handling Questions During the Interview Process
- Avoid Sending Questions in Writing: Refrain from sending questions to interviewers, except for logistical details like time and location.
- Consequence: Sending questions is considered a significant mistake in the interview process.
- Alternative: Ask for more time to discuss questions verbally.
Negotiating with Recruiters and Hiring Managers
- Ideal Scenario: Discuss the offer and negotiation points directly with the hiring official.
- Strategy: When the recruiter presents the offer, aim to involve the hiring official in the discussion.
- Approach:
- Express enthusiasm for the opportunity and a desire to finalize the offer quickly.
- State that you have questions for both the recruiter and the hiring official, particularly related to the role.
- Propose a joint Zoom meeting with the recruiter and hiring official to address all questions in one call.
- Rationale: This appeals to the recruiter's desire to close the deal efficiently.
- Alternative Scenario (Hiring Official Unavailable):
- Ask the recruiter your questions and provide your rationale for each.
- Emphasize flexibility in how your needs can be met.
- Example: "If I'm able to do this, is there a way that you and the hiring official can figure out a way for me to earn this?"
- If pressed for specifics, express a preference (e.g., "15k in the base because that would also help the bonus and a sign-on would be good because I'm going to have to buy some new suits because I want to look fresh right").
Case Study: Stay-at-Home Mom at Apple
- Background: A 50-year-old stay-at-home mom re-entering the workforce received an offer from Apple.
- Initial Offer: The offer included a base salary, bonus, and stock options, totaling significantly more than her previous income.
- Coaching: The speaker coached her to negotiate for an additional $100,000.
- Negotiation Process:
- The speaker assessed the company's willingness to negotiate.
- The candidate, nervous about losing the offer, initially asked for only $50,000 more.
- Apple returned with an additional $75,000, demonstrating their desire to make her happy.
- Key Takeaway: Never assume what a company is willing to pay.
Mindset and Abundance
- Avoid Limiting Beliefs: Do not assume that there is not enough money available.
- Affirmation: "I'm a money magnet."
- Rationale:
- Believing in abundance increases the likelihood of attracting opportunities.
- Negative thoughts ("I don't have enough") are counterproductive.
- Focus on positive and motivating thoughts.
Synthesis/Conclusion
Effective negotiation requires strategic communication, understanding the other party's motivations, and a positive mindset. Avoid written negotiations to maintain control over tone and context. Aim to involve the hiring manager directly in offer discussions. Never underestimate a company's potential willingness to negotiate, and cultivate a belief in abundance to attract opportunities.
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