Podchaser Logo
Home
My New Podcast

My New Podcast

Released Tuesday, 14th March 2023
Good episode? Give it some love!
My New Podcast

My New Podcast

My New Podcast

My New Podcast

Tuesday, 14th March 2023
Good episode? Give it some love!
Rate Episode

Episode Transcript

Transcripts are displayed as originally observed. Some content, including advertisements may have changed.

Use Ctrl + F to search

0:00

I have one thing that

0:02

right now you can do to improve

0:04

your work and build a career or company

0:07

you love. And what is that

0:09

one thing? Well, you will

0:11

find it every week in my newsletter because

0:13

my newsletter is called one thing

0:16

better. And I promise that is exactly

0:18

what it offers. One thing every

0:21

week that you can do better. Because

0:23

look, I know you're busy. You probably

0:25

subscribe to too many podcasts sand

0:27

too many newsletters, and you hear too

0:29

much advice that you will just never use.

0:32

That's why I'm simplifying things.

0:34

I constantly talk to incredibly smart

0:37

and successful people, both by making

0:39

this podcast you're listening to, and also in

0:41

my role as editor in chief of entrepreneur

0:43

magazine, and eye filter for only

0:45

the absolute best stuff you

0:47

need to know. Each week, my newsletter

0:50

one thing better brings you literally

0:52

just that. One way that you can

0:54

improve. One way to work smarter.

0:56

One way that you can do the work you

0:59

love but better. Sign up

1:01

for free at one thing

1:03

better dot email. Yes.

1:05

That's the domain name. Just plug it on into

1:07

the browser. 10NE11

1:11

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

Instagram, add money news and TikTok

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.

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features