How to Negotiate Better
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HBR IdeaCast
I’ve had probably 1,000 students at Tuck over time, and I’ve probably had the pleasure of coaching at least 200 or 300 of them on salary negotiations, and there are a number of things that can change those negotiations from being zero sum to a creative kind of negotiation. So if one goes into that negotiation well-prepared with standards, well-prepared understanding their walk-away, the company’s walk-away with a three, four, five different possibilities of what might make sense, in terms of overall compensation, I’d say 9 times of the 10, 8/2 times out of 10, I’ve seen students, I’ve seen colleagues, I’ve seen clients– hundreds and hundreds more clients than I have seen of students– in all sorts of negotiations, but also, in salary negotiations, get very creative in negotiations and be…