Monday, 3 May 2010

Thinking ahead...negotiating the job offer

This week’s lecture was incredibly useful for me in terms of my future career. What we learned this week will not just apply to negotiating a graduate job, it can be transferred for promotions, pay rises, self-development, and anything else that I may wish to pursue within the workplace.

Negotiating a job offer is a classic example of ‘expanding the pie’. The process is very similar to the 5 step negotiation process studied previously. The following steps were suggested:

1. Figure out what you really want
2. Do your homework
3. Determine your BATNA and your aspiration
4. Research the employer’s BATNA
5. Determine the issue mix
6. Prepare several scenarios
7. Consider getting a ‘coach’

(taken from Thomas, 2005, pg 356)

What I found most helpful is the sixth step. Preparing several scenarios is an extension of determining yours and your employer’s BATNAS, because it involves projecting forward and imagining what could happen. In any negotiation situation, preparing your responses to potential situations could be beneficial for maintaining control of the situation when it occurs.

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