• Tue, Dec 6 2011

8 Tips To Help You Negotiate For A Better End-Of-The-Year Bonus

U.S. companies are expected to offer more perks to their employees this holiday season – including bonuses – in another sign the economy is slowly improving, according to a new survey from CareerBuilder.com. About 40% of employers plan to give holiday bonuses this year, up from 33% last year, with the majority planning to give the same amount as last year. This means it is time for you to brush up on your negotiation skills. As you may have heard, women are often criticized for their abilities in this area.

According to a new study, women are still hurting their own careers when it comes to having crucial conversations at the workplace. The online poll of 845 women in business, conducted by Joseph Grenny and Cynthia Good, CEO and founding editor of the top women’s business website, Little PINK Book, found that the most difficult issues for women to discuss in the workplace are: Negotiating limits when asked to do more than is reasonable or possible, giving performance feedback to someone without hurting his or her feelings or damaging the relationship, asking for a raise or a change in a performance plan related to a raise and not receiving support from other women. According to She Negotiates, women who negotiate their salaries in their very first jobs stand to capture up to 1.5 million dollars more over the course of their career. It may be a difficult conversation but that is a lot of money to not try to earn. Plus, it doesn’t always have to be a dreaded conversation if you prepare yourself and go in with the right attitude. We talked to some experts to provide you with the best strategies to get the best end-of-the-year bonus you can get.

 

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