Placeholder Image

Subtitles section Play video

  • (knocking)

  • (bell ringing)

  • - Come on in!

  • (upbeat music)

  • Salary Negotiation, phew.

  • You did it, you've just landed your dream job

  • after so many phone calls, hundreds of resumes submitted,

  • dozens of interviews and finally, you got the job.

  • And now you need to negotiate your salary.

  • Maybe you are a little bit scared, little bit afraid,

  • little bit intimidated.

  • Or maybe you've been with the company for some time now

  • for a few years, and now you want to go in

  • and talk to your employer about a higher pay,

  • a higher salary.

  • What do you do?

  • You see most of the information out there

  • is sharing with you how do you negotiate salary,

  • is coming from an employer perspective.

  • Today I'm going to do something very different.

  • I'm going to share with you coming from a CEO perspective

  • how do you negotiate salary?

  • How do you talk to a CEO, how do you convince a CEO?

  • How do you read their mind?

  • You see, the problem with most employees is,

  • they either ask for a salary increase too soon

  • meaning they have not established a track record,

  • a performance record, what they have done, too early.

  • You see you don't get higher pay because you demand it.

  • You get higher pay because you deserve it.

  • Or they ask for it too late,

  • meaning they have been with a company three, four, five,

  • six, seven years but very little increase in pay.

  • So you don't want to do it too early,

  • you don't want to do it too late.

  • You see as the creator of High-Ticket Closer program,

  • it's one of the programs I teach to people around the world,

  • teaching people the art of closing.

  • How to get people to say yes more often to you.

  • I'm gonna take some of those ideas and I'm gonna teach you

  • how do you actually close your CEO.

  • How do you close your supervisor.

  • How do you close your employer to give you higher pay.

  • Salary negotiation tip number one,

  • do not try to negotiate salary increase in text or in email.

  • You see most employees, they're afraid, they're afraid

  • to sit down face to face or get on the phone

  • with your employer, talk about your pay increase,

  • because they lack confidence, they lack self-esteem.

  • You don't want to do that, because when you ask for salary

  • when you're negotiating salary,

  • when you do it through an email

  • it's very easy to communicate the wrong way.

  • It's very easy to come across too aggressive.

  • Maybe that's not your intent, but reading,

  • you cannot communicate your tone, your emotions.

  • So do your very best, if you could, do it face to face

  • or do it through a telephone.

  • Now you've got all the tools working for you

  • instead of working against you.

  • You can use your emotions, you can use your tonality,

  • you can use your body language to communicate.

  • Eye contact, to demonstrate, to show your confidence,

  • you need to be confident when you are going

  • into a salary negotiation.

  • So don't be afraid.

  • You wanna practice ahead of the time.

  • Right?

  • To practice multiple times.

  • Maybe with your friends, maybe with your coworkers,

  • your family members.

  • You practiced that ahead of the time.

  • And when you go in there, you've done it dozens

  • and dozens of times.

  • You're ready, whatever objections that you may face,

  • you're ready to go.

  • - I'd like to report a boom, yes.

  • For HTC, I would like to thank everybody

  • for your support, Mr. Dan Lok for the knowledge,

  • Desmond, Tina, all the team and of course to family

  • without you this wouldn't be possible.

  • - My name is Santino Carangi and I am here

  • to celebrate my first three booms

  • of being a High Ticket Closer.

  • So thankful for this course,

  • not only does it give you a high ticket skill

  • or a high income skill,

  • what Sifu teaches you is for life.

  • I am so excited, you guys can do it,

  • keep up the training, keep up the hard work,

  • believe in yourself,

  • kick lower self in the balls, okay.

  • This is your life, go kill it.

  • We are in this for life; HTC for life baby.

  • Season nine fam signing out, best of luck to you.

  • We got a billion sales,

  • let's crank it to two billion baby, come on,

  • you are closer than you think.

  • - Salary negotiation tip number two;

  • come to the meeting with facts and not feelings.

  • You see, most employees they make this mistake,

  • they come to the meeting,

  • sitting down with the manager or CEO

  • and they say something like this;

  • well I feel like I have been around a long time,

  • I feel like I've been contributing,

  • that I feel like I've been working hard, and then,

  • I feel like I deserve more pay.

  • That does not work, because that's feeling.

  • Well, we don't care how you feel, you gotta come

  • to the meeting with facts.

  • What have you done?

  • You should do your research ahead of time.

  • What are some of the contributions you've made

  • to the company?

  • So when you sit down with your employer,

  • you're not just talking about feelings,

  • you're presenting, kind of almost like a case,

  • like a lawyer, and let's say hypothetically

  • you are a social media manager.

  • You manage the company's social media account.

  • You go to the CEO with facts and say

  • okay since my employment here, here's what I've done.

  • I have grown the company's Instagram account

  • by 527% since I was here.

  • Here are the things that I've done.

  • The Facebook page, using my social media strategies

  • and my contribution this is what,

  • how much money I have made the company,

  • how much money I've saved the company.

  • Now the CEO may or may not know these things,

  • so when you present a case, now you're speaking from facts.

  • You are demonstrating,

  • look these are the contributions that I have made

  • to the company in the last one year,

  • two years, things like that.

  • Or, if this is a brand new job it is exactly the same thing.

  • Now you're presenting what are some of the things

  • that you could do.

  • Right, what are some of the things that your employer,

  • new employer, could expect from you.

  • You are going in instead of well, I guess it depends

  • on what you want me to do

  • and I'll do my best to do it, no,

  • you're saying these are things that I think we could do.

  • This is my plan.

  • This is how I'm planning to make the company more money,

  • this is my plan to generate more revenue,

  • this is my plan to bring in more customers,

  • this is my plan how I could make things better.

  • You see the difference.

  • So come to the meeting with facts and not feelings.

  • Salary negotiation tip number three,

  • Ask questions, don't make statements.

  • During a negotiation you don't just want

  • to keep making statements.

  • Because it will sound like and feel like you are justifying.

  • You're saying, oh, here's what I've done,

  • and here are the things, and here's what's going on,

  • and all those are good, you're presenting your case,

  • but you always want to be asking questions.

  • One of the things I teach all my students,

  • all the professionals that I mentor, is this;

  • Whoever asks the questions, controls the conversation.

  • So you wanna be asking leading questions,

  • discovery questions, probing questions,

  • you're asking your employer, by getting more information,

  • by kinda gauging how they're feeling

  • about the different requests that you might have.

  • Instead of just making a statement and then

  • it's very easy to turn in to an argument

  • or some kind of conflict

  • when you're just throwing statements out there.

  • But when you're asking questions

  • it would feel much more like a collaboration effort;

  • that we're on the same page, right.

  • As employee employer we're on the same page,

  • how could we make this work?

  • So, ask questions, don't make statements.

  • Salary negotiation tip number four and that is

  • set the agenda.

  • Don't be afraid to set the agenda.

  • What that means is, where is this gonna go,

  • what is the purpose of this meeting,

  • what is the outcome,

  • what are we trying to accomplish?

  • As the employee you wanna set the agenda,

  • set the tone, right.

  • What are we trying to accomplish here?

  • What is the outcome we want from this meeting?

  • So you could say something like this,

  • I'm gonna give you a little script;

  • Mr. Employer, you know I'm very excited

  • to be joining your company,

  • I'm truly excited about this opportunity,

  • and I look forward, very much look forward

  • to working alongside with your amazing team.

  • Do you mind if we talk about compensation for a second?

  • See how I ask a question?

  • Oh, not a problem, shoot.

  • Talk about compensation.

  • You see, Mr. Employer, based on my research,

  • for someone with highers, with my background

  • and credentials and my skill sets,

  • the market rate is X-amount of dollars, this much per year.

  • How do you feel about that?

  • You see how I'm asking a question,

  • how do you feel about that?

  • Would you be comfortable with that?

  • And then right from there the CEO, the employer,

  • will say well, you know what,

  • yeah that's kinda what I'm thinking, as well.

  • Or they might say that's a little bit more,

  • that's a little bit higher than what we have budgeted for.

  • But then you're not guessing,

  • you're not afraid to say

  • hey this is what the market rate is,

  • this is what industry rate is, how do you feel about that?

  • That's it.

  • You set the agenda.

  • And you go from there.

  • Salary negotiation tip number five,

  • and that is don't be needy.

  • Needy is creepy.

  • You don't wanna sit down,

  • face to face with your employer,

  • and be all needy about what you want.

  • That is a big turn off.

  • So do not use words like, oh I want, or I need,

  • I see this a lot.

  • Your job pays you $50,000 a year,

  • and you actually wanna make $55,000 dollars a year.

  • So there's a five thousand dollar gap.

  • Instead of saying oh, I need another $5,000

  • a year for my position, right.

  • Or I want big vacation pay, I want overtime,

  • or I need this and I need that,

  • it's a big turn off for the employer.

  • Nobody gives a shit what you need, right.

  • What you wanna do is you want to ask questions with finesse.

  • Be on the same page.

  • A much more powerful thing you could say is,

  • I would be more comfortable with.

  • You see the difference,

  • I want this, I would be more comfortable with.

  • So example.

  • Let's say the job you want $55,000 and the job pays $50,000.

  • First of all you could say well,

  • is there any flexibility with that?

  • Is there any flexibility with that?

  • See how powerful that question is?

  • And then you could say that, you know I would be,

  • I would be more comfortable with 55K a year.

  • Would you be comfortable with that?

  • How do you feel about that?

  • Do you hear the difference?

  • Don't be needy and you wanna be neutral, right.

  • When you're in negotiation you wanna be neutral.

  • Neutral, you are friendly but you're firm,

  • you're not attached.

  • The key thing is here, not to be attached.

  • You just, hey, you know what, I'd love to work here,

  • I would love to contribute,

  • just how can we make this work?

  • Don't be needy.

  • Salary negotiation tip number six, and that is

  • become more valuable.

  • You see most employees, they want more pay

  • without becoming more, without adding more value.

  • They think just by working more hours that's more value.

  • Well for certain jobs, like lower-level entry jobs,

  • that might be the case, but for certain higher-level jobs,

  • you're not getting paid based on hours,

  • you're getting paid based on results.

  • What you bring to the company,

  • what you bring to the organization.

  • So, as an employee you wanna find ways

  • to always upgrade your skills.

  • How to become more valuable,

  • what can you bring more to the table.

  • Now some CEOs, they're just assholes,

  • I'm talking about CEOs who are true visionaries,

  • who are true leaders.

  • If you sit down and talk to most of them

  • the way that I know them, they cannot wait,

  • they have no hesitation to pay more

  • to competent high performance employees.

  • Because good people are hard to find, right.

  • And as a CEO we look for return,

  • we call that return on human capital.

  • If I'm spending a dollar on this employee,

  • how much is this employee bringing in for the company?

  • If I'm spending a dollar I'm getting a 10 dollar return

  • in revenue, you would do that all day long.

  • As a CEO I would do that all day long,

  • it's never a problem.

  • And it doesn't matter, I'm not just talking

  • about you are in position in sales or marketing,

  • in support, admin, operation, PR, research and development,

  • it doesn't matter, every single person, to me,

  • within my organization, every single person's in sales.

  • Every single person is responsible for generating revenue.

  • Doesn't matter what it is.

  • Doesn't matter video production,

  • doesn't matter social media,

  • doesn't matter it's operation,

  • doesn't matter, it doesn't matter.

  • Every single person's job is to generate revenue.

  • Now sometimes you can generate revenue

  • by bringing in more revenue,

  • sometimes you generate revenue by saving money

  • by not being cheap; but eliminating waste.

  • That's another way to do it,

  • so you need to find ways to become more valuable.

  • One of the mistakes that I see a lot of employees make is

  • they approach this scenario with oh I've been here

  • for five years, I've been here for three years,

  • it doesn't matter.

  • It's not the point.

  • Years don't equal results.

  • Just because you've been here for a few years

  • it doesn't mean a whole lot.

  • On the other hand a new person could come in,

  • if that person could bring a lot of value to the company,

  • could generate more revenue,

  • that person would get compensated according to that.

  • So you need to become

  • very, very valuable within the company.

  • Now if you're not so sure, sometimes you could ask the CEO,

  • what can I do to bring more value to the company,

  • what can I do?

  • You'll be shocked how many times

  • people do not talk to the supervisor, manager, right.

  • The CEO, what can I do to bring more value?

  • They just, they guess, they hope,

  • and they wonder why they do certain things

  • and they don't feel that they're being appreciated,

  • because you're doing things that may not matter

  • to the CEO, right.

  • And I'm not talking about being a suck-up,

  • I'm not talking about kissing ass,

  • I'm talking about becoming more valuable,

  • being more effective, right.

  • Being able to perform better.

  • Being able to do that,

  • and then be very clear what the CEO wants.

  • Be very clear what his vision is

  • and how can you solve problems for him or her.

  • Better yet, how do you solve problems for him or her

  • ahead of the time, before even the problem comes up.

  • You do that then you don't just become valuable,

  • you become invaluable to the company.

  • When you become invaluable to a company,

  • I promise you, pay's not an issue.

  • Salary negotiation tip number seven,

  • and that is painting a picture in the CEO's mind.

  • In your employers' mind.

  • Let's say you're sitting down, you're now negotiating,

  • and you're getting a no.

  • The boss, the CEO is saying to you

  • well, I don't think this is the right time

  • for you to get the pay increase.

  • Now instead of looking all defeated and say

  • oh yeah, you know, like, you know,

  • you didn't get the pay that you want,

  • turn that in to a question.

  • Ask, you know, you need to sell the employer.

  • What, what is gonna happen.

  • You can't just deserve and say

  • oh I want more, remember don't be needy,

  • what would happen, what would be,

  • what would be his or her expectations.

  • So I'm gonna role play a little bit with you, okay,

  • just a scenario.

  • So let's say you get a no.

  • What you wanna say is something like this,

  • Mr. Employer, my goal, my vision for this company here,

  • for this organization is,

  • I want to be your most valuable team member.

  • I want to be your most valuable employee.

  • That my goal is not to be an expense for the company.

  • I want to be a revenue generator.

  • I want you know that whatever you pay me

  • I'm gonna make the company five, 10, 20 times in return.

  • I'm here to contribute.

  • I'm not here to mess around, right.

  • This is not a job for me, this is a career.

  • So, Mr. Employer, help me to understand.

  • Right now I'm making $50,000 a year, and my goal,

  • my goal is to get to $60,000 a year, or $70,000 a year.

  • Maybe not immediately, maybe there's a plan.

  • Can you teach me, can you coach me, can you show me,

  • can you tell me what would it take

  • for me to earn $70,000 a year.

  • What would be your expectations?

  • And see the minute you say that, now,

  • the CEO is thinking, wow,

  • I have got, I have an ambitious person here,

  • who's hungry for success,

  • who is not just asking because, demanding pay,

  • but it's like okay,

  • so how can I help this person become more successful?

  • How can I help this person

  • to earn the money that he or she wants to earn?

  • Now we are brainstorming.

  • And then now the CEO will tell you,

  • well, you know what, I would expect these things to happen.

  • I would expect these milestones.

  • I would expect these KPIs.

  • And then you say well you know what,

  • Mr. Employer, let's just pretend,

  • suppose I could do this and this and this and this

  • and this and this, everything there you've laid out.

  • So you would be comfortable paying me

  • $70,000 a year if I could do all of that for you,

  • is that what I'm hearing from you.

  • And he'll say yeah absolutely, boom, right there,

  • you've gotten the commitment.

  • Maybe not right now, maybe not right now

  • 'cause you still gotta do these things, right,

  • then all you need to do is ask one simple closing question;

  • Mr. Employer, let's pretend I could do all these things,

  • and I'm gonna prove to you I could do all of those

  • and more and exceed your expectations,

  • would you be open to revisit this 90 days from now?

  • Now I can book a time with you and sit down

  • and we can, we can talk about this again.

  • Now what are they gonna say?

  • They'll say absolutely, of course.

  • Right there, you've planted a seed.

  • Okay, you're gonna do these things.

  • And what is gonna happen?

  • By the time you sit down you do the same thing again, right.

  • Now even when you get to, now you say

  • from 50K now you're at 60K, hypothetically,

  • you ask how do you get 70K, how do you get 80 K,

  • how do you get 100K.

  • Then the CEO is helping you to becoming more successful.

  • What would it take.

  • If you're working for a growing, a high-growth company,

  • the opportunities are limitless.

  • The sky's the limit.

  • There's never lack of opportunities.

  • It's all it takes is your willingness,

  • your ambition, your skills, willing to go that extra mile,

  • willing to go all in,

  • not to be just a typical, employee mentality

  • but to be a team member,

  • to be a high performance individual.

  • Solving problems before that problem comes up.

  • You do that, you don't need to ask, I could tell you,

  • all the techniques, all that is good,

  • you don't need to ask for higher pay.

  • If the CEO is truly a good leader

  • the CEO will give you a higher pay.

  • Because you don't need to ask for it.

  • Everybody knows who is high performance or not.

  • So those are the seven tips

  • on how to negotiate a higher salary.

  • Now if you want to learn more about negotiation,

  • and closing, and how do you ask these powerful questions

  • to get more people to say yes more often to you,

  • I recommend you to click the link below

  • and check out my four part training series.

  • There's no cost to it.

  • If you want to learn a little bit more,

  • how closing works, how negotiation works, check it out.

(knocking)

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it