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I don't like most of the arguments in this post because it tries to show you the company's point of view on why you shouldn't get more money. While the argument
by chime 16y ago
I don't like most of the arguments in this post because it tries to show you the company's point of view on why you shouldn't get more money. While the arguments are indeed persuasive, they're moot.
From the Economics point of view, your compensation is determined solely by what you can negotiate. Nothing more, nothing less. If you can get a company to pay you $120k/year to call them once a month and say "This phone call just cost you $10k", then you most certainly deserve the money. If you work 80+ hours/week, always put the company's best interests first, work in harmony with your coworkers/customers/vendors, be more productive than 20 other coworkers, and still only make $25k/year, you most certainly deserve the money.
I know it's very hard to stomach this but you get exactly what you can negotiate. You may feel you deserve a lot more but that is just wishful thinking if you cannot negotiate a better salary. If you make 60k at your current job but you think you deserve more, find another company that'll offer you more. If you get an offer, then switch (or if you really like the current job, renegotiate based on the new job offer). If you can't get an offer with more money, then you're currently getting paid exactly what you deserve. If you can't accept this fact, then (1) do whatever you think will improve your chances of making more money (2) keep looking (3) be content and realize that the invisible hand is working.
The simple reason why even really bad CEOs get millions of dollars while destroying the business is because they negotiated successfully. Can you?
- praptak 16y ago"I don't like most of the arguments in this post because it tries to show you the company's point of view on why you shouldn't get more money." The article is not about "should", it's about the "why". Well, maybe except the last section but even there the author refrains from making any strong claims. The author's analysis of the "why" is more insightful than "because that's what got negotiated".
- nitrogen 16y agoThe problem I have with negotiation skill determining salary is that negotiation may be entirely unrelated to the actual job requirements, thus destroying true meritocracy.
- praptak 16y agoThere is a limit to how much the negotiation skill can get you - at least over the average for your position, that is. Mad negotiation skills can of course get you into mad paying jobs, but this is not the point. When you fix the position then I think that the factors outlined in the article have a lot more influence over salary than negotiation skills.
- dagw 16y agoIn very few jobs are negotiating skills unrelated or useless to the companies needs. If you're the sort of person who can walk into your bosses office and convince him to give you a 20% pay increase, you're probably the sort of person who can convince a customer to agree to sign off on 50% more consulting hours. And that is a skill any company can use and should be willing to pay for, irregardless of what your job title happens to be.