Episode Transcript
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I have one thing that
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right now you can do to improve
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your work and build a career or company
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you love. And what is that
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one thing? Well, you will
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find it every week in my newsletter because
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my newsletter is called one thing
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better. And I promise that is exactly
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what it offers. One thing every
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week that you can do better. Because
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look, I know you're busy. You probably
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subscribe to too many podcasts sand
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too many newsletters, and you hear too
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much advice that you will just never use.
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That's why I'm simplifying things.
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I constantly talk to incredibly smart
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and successful people, both by making
0:39
this podcast you're listening to, and also in
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my role as editor in chief of entrepreneur
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magazine, and eye filter for only
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the absolute best stuff you
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need to know. Each week, my newsletter
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One way that you can do the work you
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love but better. Sign up
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for free at one thing
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better dot email. Yes.
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That's the domain name. Just plug it on into
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the browser. 10NE11
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thing better dot email.
1:13
And now on with the show. Hey,
1:17
so I have good news and
1:19
I have bad news. And I will
1:21
do the bad news first because, I mean,
1:23
I don't know about you, but if someone
1:25
tells me bad news is coming, I don't have
1:27
patience for anything else. Give me the bad news.
1:29
Tell me what I'm in for. So, okay,
1:31
here it is. The bad news is
1:34
this podcast billed for tomorrow
1:36
is going on hiatus. I don't
1:38
know for how long it could be a very
1:40
long time. And I'll explain more about
1:42
that in a second, but I want to tell you the
1:44
good news too, which is this
1:47
is not goodbye. In fact, you
1:49
are about to get a lot more of
1:51
me. That's because I already
1:53
have a new podcast. It's called
1:55
help wanted and it comes out twice
1:58
a week and it is designed to help
2:00
you solve all your work problems and
2:02
maybe even some life problems too.
2:04
I'm really really excited about
2:06
it and the feedback has already been extraordinary.
2:09
I will play an episode of it for you in just
2:11
a few minutes, but I know you're like, wait
2:13
a second. Can we get back to the part about billed for
2:15
tomorrow going on hiatus? So
2:17
yeah, about that. Let me
2:19
start at the beginning. Long time listeners
2:22
will know that this show started
2:24
in twenty sixteen with a different
2:26
name. It was called pessimist's
2:28
archive, and it was an extension of a
2:30
popular Twitter feed, and it explored by
2:33
used to hate the innovations that today
2:35
we love, like cars and teddy bears
2:37
and so on. Doing that show
2:39
made me curious about the nature
2:42
of change in general. Like, why
2:44
do we fear it? And how can we overcome
2:47
that fear? And how does that apply to our lives
2:49
now? Not just historically. And
2:52
those questions drove me to rebrand
2:54
the show, Build For Tomorrow, and then to write
2:56
a book that's also called Build For Tomorrow, and
2:58
It is not an understatement to say that
3:00
making this show totally changed
3:03
my life. And I hear from many
3:05
many listeners who say that it changed way
3:07
that they think, which is the highest
3:09
possible compliment, as far as I'm concerned.
3:12
But here is the thing. From
3:14
the beginning, this show was
3:17
a labor of love in every
3:20
sense. It used to take me three
3:22
months to make an episode because each one
3:24
required multiple interviews and a ton
3:26
of research and writing like an eight
3:28
thousand word script, and then assembling
3:31
all that together. And it it was just mostly
3:33
me doing it myself. Eventually,
3:36
I got the process down to one episode
3:38
a month, which felt like a Herculean accomplishment
3:41
and that was made possible and thanks to
3:43
paying some very talented people to help me
3:45
with the research and editing and you've heard their
3:47
names in the credits for a while. But
3:49
still, what you didn't
3:51
see was me reaching a breaking
3:54
point, like, every month
3:56
to make this thing four years.
3:59
I would work on it in the morning, late at night.
4:01
Every episode was a scramble. Two
4:03
December's ago, I finished making an episode
4:05
of this podcast in the same month that I had
4:07
to file the first draft of my book and
4:09
also finish a huge issue of the magazine
4:11
that I edit. And then for real, I
4:13
got shingles. I got actual
4:15
shingles. Which is a thing you get when you're
4:18
old and very stressed out. You want my
4:20
advice? Don't get shingles. So
4:23
anyway, after months of being
4:25
in denial about this, I realized I
4:27
have reached the actual breaking
4:30
point. Like, something needs to change.
4:32
And as a guy who has spent years making
4:35
a podcast about change, I had
4:37
to take what I'd learned seriously. Also,
4:40
in the last few months, something else happened,
4:42
which is that my friend Nicole Lapin,
4:44
who is a selling money expert came
4:46
to me with an idea. What if
4:48
we created a podcast to help people
4:50
with their stickiest work problems? It
4:53
is such an of the moment idea because,
4:55
of course, work feels crazy right
4:57
now. Everything is changing. We're all trying
4:59
to figure out how to be successful but also
5:01
to be happy, which is basically the theme
5:03
of this little confessional I'm telling you,
5:06
there's just so much to know into
5:08
balance and to juggle and not
5:10
enough people to hear from
5:13
who can help. So Nicole and
5:15
I decided to do this. We made a new show.
5:17
It's called help wanted. And
5:19
like I said, I will play an episode for you
5:21
in a moment. What is help wanted?
5:23
Oftentimes Nicole and I talk through problems
5:26
ourselves and get very real about the challenges
5:28
we've faced in our own careers. But we also
5:30
bring on listeners who are facing real
5:33
problems and talk them through it. Like
5:35
someone who's making a great product
5:37
that nobody is buying and they can't figure
5:40
out why or they're looking to
5:42
make big career change and don't know the first
5:44
step to take or they just got laid off
5:46
like days before we talk to them.
5:48
Also, we talk a lot about communication, no
5:50
Nicole and I will read good
5:52
and bad emails that people send us
5:54
and break them down. And we
5:56
are here to help you too. If you have question
5:58
for us, all you have to do is reach out. I
6:00
also do weekly solo episodes
6:03
where I share the best advice I've gotten
6:05
and the tactics I use to do all sorts of
6:07
things like be more productive without
6:09
burning out or improve your public speaking
6:11
or write a book or generally just work smarter
6:13
and achieve more. Help one, comes
6:16
out twice a week, and I think you'll love
6:18
it, and hope you'll subscribe. Now,
6:20
you might think, Jason just
6:22
talked about being stretched too thin. And now
6:24
he's putting out literally eight times the
6:26
number of episodes that he did with build for tomorrow.
6:28
So what is this? To which I say,
6:31
good point. But this is
6:33
the power of having a simpler format
6:36
and an amazing team to handle all the production,
6:38
which is exactly what help want it. Is
6:41
a big thing I learned from this
6:43
podcast built for tomorrow is you
6:45
cannot just build something you love,
6:48
you must also build something you can
6:50
maintain. So to everyone
6:52
who's been listening to build for tomorrow either
6:54
more recently or for many years, thank
6:57
you. It has meant so much.
6:59
I promise this will not be the last time
7:01
you hear from me on this feed. But
7:04
also, I am so excited for everything
7:06
we're doing at help wanted, and I hope you'll
7:08
join me there. You can find help
7:10
wanted wherever you get podcasts or
7:13
by clicking the link in this episode's
7:15
show notes. And now, here's
7:17
help wanted. This
7:27
is help, Martin. The show that tackles
7:29
all the big work questions you cannot ask
7:31
anyone
7:32
else. I'm Jason Pfeiffer, editor chief
7:34
of Entrepreneur Magazine. And
7:35
I'm New York Times best selling author and money
7:37
expert Nicole Lapin. The helpline
7:40
is open. Hey, Jason.
7:42
What are we doing today? We are gonna
7:44
help someone make some money, like, for
7:46
real. Hell yeah. Hell yeah because we have
7:49
listener who was called in with
7:51
a real problem and she's got days to make
7:53
a
7:53
decision.
7:54
Where did she call? Well, right. So she actually
7:56
email. She emailed help wanted money
7:58
news network dot com, which you, dear
8:01
listener, could do right now, if you have a question.
8:03
And in this case, what we're
8:05
going to be discussing is, what do
8:07
you do when you have another job
8:09
offer? And it's a good one and
8:11
you wanna see if you can get more
8:14
out of your existing employer. Let's
8:16
welcome Rhett.
8:19
Chelsea, hello. Thank you so much for
8:21
having me here. So you have a question.
8:23
What is that question? So I'm an executive
8:26
assistant at a large global organization
8:28
with over ten years of experience.
8:31
Occasionally, based on my resume, have recruiters
8:34
reach out, who I typically shrug
8:36
off because I'm happy with where I'm at in
8:38
my current
8:39
organization. I have
8:40
amazing benefits and I'm paid fairly
8:43
However, a recruiter reached out
8:45
few weeks back and asked me
8:47
to come on board to their team for a
8:50
little over thirty percent more of
8:52
what I'm making now as well as
8:55
a senior title. So my
8:57
question is, How do I present
8:59
this information to my current employer
9:01
when I want to
9:02
stay, but ultimately don't want
9:04
to let that significant financial leap
9:06
past me by? The
9:08
first thing that I really love that
9:10
you said here is that you
9:13
know what you would like
9:15
out of this because you said you want to stay.
9:18
So what their offering is appealing
9:20
and you would like that, but you wanna
9:23
marry that or at least part of it with your
9:25
current
9:25
situation. Right. Right. I wanna
9:27
say, you know, I we do get, you know,
9:29
the annual increases, but it's like,
9:31
you know, that four percent year over year
9:34
is is a little tricky
9:36
to keep being excited about when
9:38
I have opportunity and sometimes other
9:40
things come up too where it's just It's
9:42
a hard
9:43
one. It is. I think the biggest
9:45
question for you
9:47
is,
9:48
what is more important? The
9:51
current job or the money. I don't
9:53
really care about the senior
9:55
title as much. I do have ten years
9:57
of experience, but I have a young family, you
9:59
know, So to be able to have
10:01
that increase, pay for day
10:03
care, or pay for my
10:05
vehicles, or, you know, help with the mortgage
10:08
would be amazing. I just
10:11
don't know how different the
10:13
two rules would really be. Honestly,
10:15
the one thing that sticks up to me the most is
10:17
is the culture of my organization is so
10:20
focused on diversity, equity,
10:22
and inclusion. That's my
10:24
passion for work. I don't know,
10:26
but then it's like, this is thirty percent
10:28
tiny crazy bitch. So it's the
10:31
money.
10:32
It's the money. It's the money. It's always
10:34
the money. And this is like, literally
10:37
the perfect day and time to
10:39
be
10:39
having this conversation because I have to make
10:41
a decision by Monday morning. So
10:43
Oh my god. And we're talking on a Thursday. So
10:46
this is looming. Yes. Let's get down
10:48
to business. So who do you report to?
10:51
I support four high level
10:53
vice presidents in the
10:54
organization, but I report one
10:56
of them.
10:57
Okay. And that person, the
10:59
vice president, Mister, miss's
11:01
vice president? Miss? Miss
11:02
her vice president. Okay. Let's call him Bob.
11:05
Okay. He would be the one that
11:07
would approve a pay increase or
11:09
not. Right? I
11:10
think so. Okay. So who wants to
11:12
be Bob? I'll be Bob.
11:14
Alright. We're gonna role play. I guess it would
11:16
be important to know, like, what is on
11:19
Bob's mind right now. Like,
11:21
what is the climate? What's the microclimate within
11:24
the company? Is Bob under
11:26
pressure from his Bob
11:30
for, you know, bad numbers? Is
11:32
he being praised right now? Like, where
11:34
is Bob standing in the
11:36
organization? As far as you can tell.
11:38
Bob is at record highs. Cool.
11:40
Sweet. Yes. Good job, Bob. And how
11:43
much are you making
11:43
right now? Eighty five thousand. And
11:45
the the new job would be
11:48
a hundred
11:48
and twenty thousand.
11:49
Oh, that's a jump. Yeah. And
11:51
where well, maybe we
11:54
can just role play and see where you would go with
11:56
it. What do you think? Bob, are you in character?
11:59
Give me a moment. Give me a moment. I'm
12:02
finding my inner Bob. Okay. I
12:04
found him. Is Bob, wait
12:06
wait wait wait. See. I don't wait. I just don't know one
12:08
more thing. Oh, I just need to one more thing very
12:10
quickly. What's Bob like? Nice
12:12
guy, very straightforward. Late back,
12:14
what is what's Bob? Bob's very
12:17
nice guy. He's got
12:19
definitely an engineer's
12:21
brain. So he's constantly telling
12:23
jokes, but they're definitely bad jokes.
12:26
And dry.
12:27
Yeah. Yeah. He's a good guy
12:29
though. I like him a lot. Okay. That's that's
12:31
great to know. Okay. And see,
12:33
Okay. So good morning, Bob. We're in our weekly
12:36
one on one. We've likely gone through our week
12:38
plan, and I wanted to say, could
12:40
we shift gears for a second?
12:44
So and
12:45
this
12:45
is why I'm here, right, because I'm just
12:48
tossing where to go. So
12:51
Hey, Chelsea. How it's great to see you.
12:53
What's going on? Hi. So
12:55
so I wanted to shift gears on
12:57
you a little bit I was
13:00
recently approached by someone within
13:02
my circle who who
13:05
presented me with an opportunity. And
13:07
typically, I truck these off, but
13:10
this is one that I couldn't
13:12
ignore. There's a role
13:14
within a large company that you're probably
13:17
aware of. And maybe I shouldn't even say shouldn't
13:19
even reference the company. But there
13:21
is an opening for a senior level
13:23
executive assistant position, and they
13:25
are offering close to,
13:28
you know, thirty five percent of
13:30
an
13:30
increase.
13:31
On board. To bring me on board.
13:34
I mean, I'm just having a hard time and I know
13:36
you've had these conversations with other people on
13:38
our teams in the past, and I so that's
13:40
why I'm here coming to you asking
13:43
for advice, but
13:45
I'm, you know, I I love it here. I
13:47
love the people. I love the culture.
13:50
But I'm not sure where
13:53
to go from here knowing that
13:55
my annual increase
13:58
is going to be around five
14:00
percent. It's just
14:02
a a large leap. And like I've
14:04
said to you in the past, the the
14:07
title isn't necessarily important to me, but
14:09
I do realize that also open stores. And
14:11
I'm I'm just wondering how you suggest
14:13
or how how
14:15
we can move forward and if there
14:17
could be any potential changes to my
14:20
Annual
14:20
increase. What are
14:22
your thoughts, Bob? Well,
14:25
boy, Chelsea, you're very valued
14:27
here. I
14:29
really appreciate all the great work that
14:31
you do. Tim, we've we've been doing great
14:33
here in this team. I I would love to keep
14:35
this team together. And
14:37
we've given you a lot of raises over the years.
14:40
You know, you've been here and we've we've increased that
14:42
salary. And, you know,
14:44
as you know, economy
14:46
is tightening up So
14:49
the budget here are getting a little tighter.
14:51
We're trying think about battering down the
14:53
hatches little bit. Like any good
14:55
engineer does, And
14:58
so I I, you know, I
15:00
wonder if you are
15:02
gonna be as valued in that that other company.
15:04
We've got a really really good thing going here.
15:06
I I I'd love to see how to make it work,
15:09
but that's a that's a really big
15:11
leap. Right. Because
15:13
And then when I even go into saying
15:16
how I could potentially bring value to your
15:18
other organization, I feel like that's not
15:21
necessary. I already know, you
15:23
know, deep within myself, don't feel like
15:26
I need to explain, you know, this is why
15:28
I would be leaving. I
15:30
mean, it's it's the check. Maybe
15:33
it would be helpful to sort
15:35
of transition into explaining what
15:37
it is you would want. So
15:40
I would like to stay here, but I need this
15:42
increase. Something
15:44
so you can direct the
15:46
conversation toward your ultimate
15:48
goal. I think that's great advice
15:50
because you have not done that yet. You have
15:52
just asked Bob what Bob thinks.
15:55
And Bob has told you what he thought. Yeah. That's
15:57
That's so true. And another question
16:00
I had for you guys, so I like, there's a
16:02
number I'd be willing to stay for that is
16:04
not necessarily thirty plus
16:06
percent. It might be fifteen
16:08
percent. It might be twenty percent.
16:10
It would be fifteen. If they gave me
16:12
fifteen, I would say. But
16:14
how do I make sure that I'm asking?
16:17
Should I ask for more than what I want?
16:19
Or should I
16:22
ask for exactly. I'm not
16:24
trying to play games by any means. I just
16:26
don't know how to best advocate for
16:29
for that check essentially.
16:31
Okay. So I would go back let's go back into
16:33
the scene. I'm directing this
16:36
Oscar winning future film.
16:39
And so I would say, why don't you
16:42
try it? Let's practice and
16:44
tell Bob what you want.
16:46
Chelsea action. Okay.
16:49
Thanks so much. Really appreciate your
16:51
insight. What I'm wondering is
16:54
if you would consider giving
16:56
me a fifteen percent raise as
16:58
opposed to the five percent raise
17:01
for this year
17:03
in exchange for my continued
17:05
outstanding work. Well,
17:07
Chelsea, I I appreciate that. I appreciate
17:09
you being so straightforward with what
17:11
you're looking for, this
17:14
isn't a decision that I get to make
17:16
by myself. I have to talk to
17:18
Bob, my superior. Mhmm. And
17:21
so I think what I need to know
17:24
going into that conversation is
17:26
Is that a is that a hard number that
17:29
you're giving us where if
17:31
we can't match
17:32
it, then you're gonna leave? Or is
17:34
there flexibility there?
17:35
Fifteen percent and it's the hard number.
17:37
Yeah. And Justin, tell me, are there
17:39
other things that we could do
17:42
here that would improve your
17:46
experience, your standing? Are you looking
17:48
for other things that might help you stay
17:50
that aren't just monetary? Because,
17:53
again, like I said, budgets are getting
17:55
tighter and we really value
17:57
you. Wanna keep you around, but wanna
17:59
understand if it's just money
18:02
here or could we talk about
18:04
things like maybe some changing
18:06
benefits or additional time off
18:08
or anything like that?
18:10
That's an interesting question. Chin.
18:12
However, I really I don't think so.
18:15
It's the compensation for
18:16
me. That's that's my motivation at
18:18
this point. Alright. I totally
18:20
appreciate that. I respect that. And
18:23
I'm gonna talk to Bob, and I'm gonna get back to
18:24
you.
18:25
I am cut. Same. Stick
18:28
around. Help one, it will be right
18:30
back.
18:35
Welcome back to health Vonage. Let's get
18:37
to it. Okay,
18:39
Chelsea, why why did you ask
18:41
for fifteen percent? And
18:43
not the full amount that you were getting offered.
18:47
I think because if I was hired
18:49
today at my
18:51
current company, I'm close enough
18:54
to talent and
18:56
HR and compensation where I believe
18:59
that's where the hiring range would
19:01
be. If you think that's where it's gonna end,
19:03
which it may very well end
19:05
that way, my suggestion would
19:08
be to open
19:10
your ass at the offer and
19:12
say that you could be open to
19:15
further
19:15
discussions, but that's the amount
19:17
that you would be leaving for. I like that
19:20
because you wanna create
19:22
a dialogue here. You know
19:24
that you have some wiggle room. And I
19:26
think it's important to know what
19:29
your Leverages in
19:31
any kind of negotiation and also
19:33
what your flexibility is, some of which
19:35
you'll flash, and some of which you won't. And
19:38
by starting out lower,
19:41
you have already bargained yourself down,
19:44
which means that you give them
19:46
no flexibility to bargain with
19:48
you because you said, I'm gonna
19:50
get this amount money over there. I'm gonna
19:53
give you a discount on it. Which means
19:55
that I'm discounting me, but we gotta hold
19:57
at that discount. Right? Because you saw, as soon
19:59
as you gave me that, Bob's instinct is immediately
20:02
to understand what kind of flexibility you have.
20:04
He wants to know what we're dealing with here. Are we dealing
20:06
with someone who's ready to walk out the door
20:08
or someone who's ready to talk? Because
20:10
what Bob knows is
20:12
that there's some more money for you.
20:15
The team is doing very well. You're valued.
20:18
There's some more money. But he doesn't
20:20
wanna give you all of it. And
20:22
he knows that replacing
20:24
you is a pain in the ass, but also switching jobs
20:27
is a pain in the ass. And so
20:29
he thinks that if he can give you
20:31
something, you might stick around and
20:34
there's value to you when just
20:36
sticking around. But you really
20:39
boxed yourself into a corner by
20:41
discounting yourself and then creating a hard
20:43
stop.
20:44
Well, my mind is just blown blown
20:46
at the fact that I didn't even think that way.
20:48
Like, why did I did
20:50
I just assume that I needed to start
20:53
low to stay as if them
20:56
keeping me is
20:58
some type of burden for them? Yes.
21:01
I would have to Yeah. I mean, keeping
21:03
you is certainly not a burden. Losing you
21:05
is a burden. One
21:07
of the great challenges that employers
21:10
have right now is talent
21:12
retention and attracting
21:15
great new talent. So when you're
21:17
ready to walk out the door, the first thing they're
21:19
thinking about is crap. This is
21:21
exactly what we talked about.
21:24
That we have to retain our talent.
21:26
And they they they might have even, you know what, the craziest
21:28
thing for me was the very first time that I
21:30
got an offer to go to another job. I
21:32
was a junior editor at a magazine.
21:35
And I ended up taking it because didn't
21:37
like their counter offer. And then one
21:39
of the senior people came up to me and said,
21:41
you know what, we came up
21:43
with a flight risk list
21:46
at the beginning of the year. The employees that
21:48
we were pretty sure were gonna leave this year
21:50
because we weren't paying them enough. And you were on that
21:52
list. So look at that. Bob
21:54
very well may know you are underpaid considering
21:57
how long you've been there. And that's something like
21:59
this is going to happen. But
22:02
they have an idea of
22:04
what they're willing to pay to keep you
22:06
and it's probably something, but it's not gonna
22:08
be piles of, you know,
22:10
scrooge mcduck cache. So you
22:12
need give them some flexibility so
22:15
that the risk of losing you
22:17
is worth them figuring out how much
22:20
money they can scrounge up for
22:21
you. So remind me, it's eighty five
22:23
to 1351
22:25
twenty five. One twenty five. Okay.
22:28
I tend to think with negotiations, if
22:30
you don't throw out the high number, you'll never
22:32
get there. Oftentimes, career
22:35
financial experts will say that
22:37
that's not the best negotiating tactic.
22:40
I like that because this is a
22:42
pretty large jump. So I would
22:44
say it's starting at one twenty five.
22:46
I you know, I'd love to stay here, you
22:49
know, of course, but I I need to
22:51
follow the money. And so if
22:53
you guys, you know, can
22:55
match or beat, like, I don't know why we're
22:57
going down. Why aren't we going up? I
23:00
think that the direction needs to swim the other
23:03
boop.
23:03
Yeah. Especially if I say, you
23:05
know, hits the money, then shoot
23:07
with it. Wherever it
23:09
is. Great. But I should follow
23:11
that way. That's that's really good at Yeah. Or you can
23:13
just talk about an overall compensation package.
23:15
So you know, Jason Bob
23:18
asked you, what else would
23:20
you want? You would say, you know, I want
23:22
this overall compensation package
23:24
to at least match or beat
23:26
what my competing offer on
23:28
the table is right now. And
23:30
so there's some wiggle room there
23:33
where it's like, okay. Well, we can maybe
23:35
they come back with, hey, we can scoot
23:38
base comp up to, you know, one
23:40
fifteen and then give you, you know,
23:42
x amount more PTO or something
23:45
else that stock options,
23:49
other benefits that create an overall
23:51
comp pack of where you want to be
23:53
at one twenty five? Or, you know,
23:55
is there a path that you
23:58
see to some other
24:00
senior position that maybe you
24:02
guys can chat about that's not
24:04
formal, but a
24:06
path towards something else or or or
24:09
or this is the role that you want forever
24:11
and ever yet. No. I
24:13
mean, not forever and ever. I have a
24:15
certain trajectory to me. It's, you know,
24:17
it's all about the people. I mentioned diversity
24:20
equity and inclusion is massive from
24:22
the company. And like I talked to my boss
24:24
about this during my performance review, you
24:26
know, I basically laid out
24:29
if there was a perfect job for me, this
24:31
would be it. It doesn't yet exist. So
24:33
in the future, I'd like to be more involved
24:35
in projects and initiatives within
24:39
that scope.
24:40
Is now a time to
24:42
throw that into the discussion?
24:44
I don't think so. think it's a little
24:46
early. I've been with the organization just
24:49
two years
24:49
now. And I feel like I'm still
24:51
a newbie. And that by the way is
24:53
gonna also play into the way that
24:55
employers thinking about talent retention
24:58
right now because the
25:00
big conversation is we can't
25:02
all just compete on money alone. Number one, there
25:04
just isn't the budget. But also because you
25:06
know, lot of companies pay well.
25:08
And so what can you actually do to attract
25:10
and retain the greatest talent? And the answer is
25:12
often, not just money, but lifestyle. Which
25:15
is why you're seeing a lot of companies
25:18
experiment. More than they were originally
25:20
comfortable with with work from home stuff
25:22
and perks like unlimited vacation,
25:25
which of course nobody can actually take like
25:27
that, but it sounds really nice. What
25:29
happens Chelsea, if
25:32
you start to think of this conversation
25:34
with Bob as there's nothing
25:37
to lose here. There's nothing to lose
25:39
because on the other side of this
25:41
is a great offer with
25:43
significantly more money and
25:45
a better title. So there's actually
25:48
nothing to lose here. So the
25:50
the idea that we would discount
25:52
you is crazy. But also,
25:54
frankly, the idea that they wouldn't
25:57
right now move you into
25:59
the role that you actually want to be in
26:01
is also crazy to think about because
26:04
You just told me that they wouldn't do it or that you haven't
26:06
been there long enough. And you know what? Maybe that's true.
26:08
But also, who the hell cares? Because
26:10
if they say no, you just have a great place
26:13
to go afterwards. So if
26:15
you start to think of this as simply
26:17
a cannot lose opportunity
26:20
where you either get enough or
26:23
every part of what you want out
26:25
of Bob
26:26
or peace out Bob. It's been great telling
26:28
engineering jokes with you. I'm off to this other
26:30
place.
26:31
That's good too. So true. Chelsea,
26:34
can you lose? Yes or no.
26:36
No. I cannot lose in this scenario. I'm
26:39
very adaptable, so I'm like,
26:40
oh, Don't run into an organization. No
26:42
big deal. I've done it several times before,
26:45
so I'm ready.
26:46
So now, doesn't that doesn't that change the way that
26:48
you approach this? It does. I felt
26:50
like maybe I brought too
26:52
much emotion into it and
26:55
someone even taught their people's emotions
26:57
you know, how is Bob gonna feel? Is he
26:59
going to think on some kind of trader or,
27:02
you know, after he's given me
27:04
x amount of opportunity and
27:06
how are the other leaders gonna feel and
27:08
things like that? But how
27:10
do you feel is the most
27:12
important? Yeah. And I feel freaking
27:14
pumped. To be happy. It's
27:17
not
27:17
always useful and
27:19
and and the offer. I think
27:21
that's great. I mean, I do think that it's worth thinking
27:23
about how Bob feels because then you can
27:26
connect with Bob and try to maximize
27:28
your chances of getting what you want out of Bob.
27:31
But we're not here to protect Bob's
27:33
feelings. And Bob also understands
27:36
that you are both people,
27:38
but you are also in a business
27:40
relationship and people gotta
27:42
talk business. So I think
27:44
it's fine to be
27:47
mindful of that. And even to get
27:49
a little personal, I mean, whenever I'm negotiating
27:51
something, I will often
27:54
explain why the
27:57
amount of money matters to me. I I
27:59
just give you a a quick example, which is
28:01
that I do a lot of speaking. People will pay
28:03
me a speaking fee. And I
28:07
will often be in a situation where they'll try to talk
28:09
me down from my feet. And I
28:11
always say to them, look,
28:13
III totally appreciate, you know, whatever
28:16
budget you're working with, but just so
28:18
you understand when I speak,
28:20
that means that I'm traveling away from my family.
28:22
And the agreement that I have with my wife
28:24
who has to take care of our kids by herself
28:27
when I'm traveling, is that
28:29
it only makes sense for me to
28:31
leave the family if I'm
28:33
earning enough money for it to be meaningful to
28:35
the family. And that's why this number
28:37
matters to me. Now, here I am being personal,
28:40
but I'm also standing firm and
28:42
I'm also giving them a reason why I have
28:45
to stand firm. And that way, it can be
28:47
both business and human, but
28:49
without sacrificing what I ultimately
28:52
am looking
28:52
for.
28:52
Yeah. That's such a good point. I have
28:54
plenty of things like your reference. Alright.
28:57
Let can we do it really quick one more time?
28:59
Yeah. Oh, yeah. Yeah. Sure. Okay.
29:02
Okay. Deep breathe.
29:05
And
29:06
Okay. Here we go. Hey, Chelsea. How's it going?
29:09
Oh, gosh. You guys
29:11
are people getting on my part and
29:14
action. Hey,
29:15
Chelsea. How's it going?
29:16
Great, mom. How are you doing?
29:18
Oh, I'm doing good. It's another good day at
29:20
the company. Good deal. Good deal.
29:23
Well, we've got all of our
29:26
weekly tasks out of the way? Do you mind
29:28
if I shift gears and you for a little bit?
29:30
Oh,
29:31
sure. Sure. What's up? So I have
29:33
recently been approached by
29:35
a recruiter who has explained
29:39
and offered an opportunity within
29:41
another organization You
29:43
know, how much I love working here. I love
29:46
the people. I love the culture. I
29:48
love my role in general. However,
29:50
this organization is
29:53
offering a hundred and twenty
29:55
thousand dollar base along with
29:57
options and
29:59
a senior executive assistant title.
30:02
Oh. As I you know, like I said,
30:04
I love it here, but I'm I
30:06
would be remiss to dismiss
30:09
this financial opportunity ahead
30:11
of me. So I'm wondering if
30:13
we can have
30:15
a conversation regarding,
30:17
you know, this organization potentially
30:20
matching or beating the
30:22
current
30:23
offer. Otherwise,
30:25
I think I think I will need to take
30:27
it. Well, Chelsea,
30:30
first of all, I appreciate you
30:32
asking that. Because we
30:34
really value you here and we'd love to find a
30:36
way to make it work. And congratulations.
30:38
That's a that's a great offer and and well deserved.
30:41
Do you have any flexibility here?
30:43
Because, of course, budgets are tight.
30:45
We're going into a possible recession. And
30:49
what you're asking for here is is quite
30:51
a large bump from what you
30:53
have now. So are you
30:56
able to go a little
30:56
lower? Can we maybe meet you halfway? There
30:59
may be some wiggle room. However,
31:02
at this point, I don't think I'm willing to negotiate
31:05
halfway down. I guess I would
31:07
appreciate if you could have
31:10
a conversation with whomever you need to
31:12
and and see where we can
31:14
be. I do need to make a
31:16
concrete decision within the next
31:19
forty eight hours.
31:21
Justin, you know, as you're talking to, I'm just
31:23
thinking back to other conversations that we've had
31:26
and about your ambitions working
31:29
here. And we have this other division
31:31
that know you're really excited about
31:33
and and might want the opportunity to
31:36
work in. Would you be interested in something
31:38
like that where you shift over and do little
31:40
more of the work that you're very passionate
31:43
about and and that we've talked
31:44
about, and we would find a
31:46
a salary that works over there?
31:49
I might consider that. I'm not
31:51
sure how quickly you could put something
31:53
together. I know we laid out position
31:56
last week during my performance review that
31:58
is not yet created. But
32:01
like I said, if you could get back to me with
32:04
a plan, with financials
32:06
tied to it at work, then
32:09
I I would probably be open
32:11
to
32:11
that. Mhmm. And
32:13
by work would you be
32:15
willing to take something that, you know, the people
32:17
on that team aren't quite making what you're
32:20
proposing here at at
32:22
a hundred and twenty. So we
32:25
would find something that that is commensurate
32:27
with the work and we would
32:29
set you on a path for in
32:31
future growth here, but
32:33
I don't know that we're exactly gonna be able to
32:35
match what you're asking for right now. Would that would that still be
32:37
okay? Because it certainly would be more in line
32:39
with what you're looking to do here at the company. Unfortunately
32:42
not. The the new
32:45
potential company has that
32:47
space as well, and it's actually
32:49
and it's infancy toddler stage.
32:51
So I would be a part of evolving
32:54
that in
32:56
in that transformation. So that's kinda
32:58
what's what's leading me over
33:00
there as
33:01
well. The dollars would need to be there.
33:03
Okay. Alright. Well, Chelsea, I appreciate
33:05
you bringing it to me. I totally understand
33:07
the position that you're in. You're very valued
33:10
here. And I'm gonna talk
33:12
to Bob, and we'll get back to you shortly.
33:14
Okay. That sounds great. Thanks so much.
33:16
I thought it was great.
33:18
I felt comfortable too. Like, you guys
33:21
you guys have given me the confidence
33:23
needed to walk in and just say,
33:25
here's what it is. And
33:27
hopefully, you can beat it. But if not, then I'm gonna
33:30
go start this transformation
33:32
over
33:32
here. Yeah. Between the first and the second,
33:34
the first time your pitch to
33:36
Bob was basically a very
33:40
slow awkwardness around
33:42
the subject. Which kind
33:44
of dead end concluded with what do
33:46
you think, Bob? Yeah. Which was
33:48
not the way to do it, but this one was
33:51
direct, you knew what you were looking for,
33:53
you were clear and coherent about
33:55
what you have on offer, and the
33:57
value that you can provide to the company,
33:59
you made it clear that you don't want to leave, but
34:01
that you will if you need
34:03
to. And you didn't give Bob
34:06
a whole lot of wiggle room, but
34:09
you were friendly and made it clear that
34:11
a very good offer could keep
34:13
you.
34:14
Yeah. Totally amateur hour previously.
34:16
Right. Yeah. This is great.
34:18
See,
34:18
this is why you guys are healthy and this is
34:21
awesome. I'm so proud. I'm
34:24
so
34:24
proud. Alright. Will
34:26
you call us and tell us how it went? Oh,
34:28
yes. Oh my gosh. Well, thank you guys so
34:30
much. Truly have given me a ton of
34:33
confidence and just motivation
34:36
to know what what I'm worth and what
34:38
I'm capable of and what I can't
34:41
do at this organization I might be able to
34:43
do somewhere else. So I really,
34:45
really appreciate
34:46
it.
34:46
Hell yeah. Go get it.
34:47
First, go get it healthy.
34:50
Help Wanted is a production of money
34:52
news network. Help Wanted is hosted by
34:55
me, Jason Piper. And me, Nicole
34:57
Appet. Our executive producer is
34:59
Mogan Lavey. You want some help? Email
35:01
our help line at help wanted at funny news
35:03
work dot com for the chance to have some of your
35:05
questions answered on the show. And follow us on
35:08
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35:10
at money news network for exclusive content
35:13
and to see our beautiful faces.
35:14
Maybe a little dance.
35:16
Oh, I did sign up for that. Alright. Well,
35:18
talk to you soon.
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