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  • Suggest You - Coach Lee Sumner's Advice About Salary Negotiation

    Careers in the Fashion Industry
    Interest in the fashion industry is on the rise, and so are the opportunities – and the competition. It is relatively easy to earn a degree in fashion design, merchandising, or fashion marketing. Each of these segments focuses on a different aspect of the fashion industry. As the fashion industry continues to grow, there is an increased need for educated and specialized staff in the fashion world. Those who have the appropriate fashion degree education will find that they are more marketable in this competitive industry. You will find that a fashion degree education offers programs that are tailored to what specific field you are interested in. The three main opportunities wit
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  • Try not to be the first one to mention money. Don't tell them how much you'll take. If you underestimate your worth, you'll low-ball yourself and have to settle for less than the company was prepared to pay.
  • If asked what salary you're looking for, say you have a range. Then say it really depends on the total package, including fringe benefits you might be entitled to, such as: Health insurance, vacation time, annual salary review, retirement savings plans, bonus plans, college tuition reimbursement plans, stock options.
  • If pushed on the subject, state the r
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    You've bought a great suit and a pair of new shoes. You're preparing to interview for a new job for which you feel very qualified. But you need help assessing the value of your skills and experience to calculate a respectable salary. You want to pinpoint a salary that you feel confident asking for and that your future employer will feel comfortable paying you. How do you figure out what you're worth and actually get it?

    Salary negotiation can be an emotional experience. We want the job but we need more money. Or we may be afraid that if we push too hard the company will offer the job to another candidate. Negotiating is not merely saying, "I want more money." You're looking for a way to reach an agreement, not a confrontation, with your future employer. Before discussing salary, you need to have the answers to certain questions, such as:

    • What is the salary range for this job in this geographical area?
    • What is the lowest salary I will consider?
    • What makes me worth a higher salary?
    • What makes me uniquely valuable to this company?
    You can research salary information through the National Association of Colleges and Employers, job-hunting websites, libraries, trade publications, a college career office, or people who work in that industry or company.

    THE INTERVIEW

    While salary negotiation begins after the interview process, it really starts in the initial interview. That's when you will tell the company about yourself, your accomplishments and what you can do for them. You'll want to use active words in the interview to describe your achievements such as: I developed, I coordinated, I took charge of, I initiated, I oversaw, and I actively contributed to. During the interview, you want your eventual supervisor to feel that you can help solve his or her problems. Here are some rules-of-thumb related to salary negotiations that will help you during the interview process:

    1. Listen to understand the needs of the company and the person doing the hiring. What does this involve? Making good eye contact throughout the interview- the surest way to establish trust. Not interrupting and allowing them to finish their thoughts. Repeating back to the person, in the course of your answer, part of what they've just said. Nodding after they make a statement to reinforce that you've heard it.
    2. Try not to be the first one to mention money. Don't tell them how much you'll take. If you underestimate your worth, you'll low-ball yourself and have to settle for less than the company was prepared to pay.
    3. If asked what salary you're looking for, say you have a range. Then say it really depends on the total package, including fringe benefits you might be entitled to, such as: Health insurance, vacation time, annual salary review, retirement savings plans, bonus plans, college tuition reimbursement plans, stock options.
    4. If pushed on the subject, state the ra
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      The Internet is part of a revolution that is causing business a lot of headaches. With its networked communities, based on trust and candour together with a huge contempt for corporate smugness.The fact of the matter is that assumptions about consumer behaviour never related to how people lived their lives.However corporate greed is now busily investing huge amounts of money in the Internet; Microsoft $6 billion, Google $3 billion, WPP $650 million, all in the space of a few weeks.Their return will come through eyeballs, get enough eyeballs, shown them enough advertisements, and that will make nice profits for everybody involved.In the past this formul
      other candidate. Negotiating is not merely saying, "I want more money." You're looking for a way to reach an agreement, not a confrontation, with your future employer. Before discussing salary, you need to have the answers to certain questions, such as:
      • What is the salary range for this job in this geographical area?
      • What is the lowest salary I will consider?
      • What makes me worth a higher salary?
      • What makes me uniquely valuable to this company?
      You can research salary information through the National Association of Colleges and Employers, job-hunting websites, libraries, trade publications, a college career office, or people who work in that industry or company.

      THE INTERVIEW

      While salary negotiation begins after the interview process, it really starts in the initial interview. That's when you will tell the company about yourself, your accomplishments and what you can do for them. You'll want to use active words in the interview to describe your achievements such as: I developed, I coordinated, I took charge of, I initiated, I oversaw, and I actively contributed to. During the interview, you want your eventual supervisor to feel that you can help solve his or her problems. Here are some rules-of-thumb related to salary negotiations that will help you during the interview process:

      1. Listen to understand the needs of the company and the person doing the hiring. What does this involve? Making good eye contact throughout the interview- the surest way to establish trust. Not interrupting and allowing them to finish their thoughts. Repeating back to the person, in the course of your answer, part of what they've just said. Nodding after they make a statement to reinforce that you've heard it.
      2. Try not to be the first one to mention money. Don't tell them how much you'll take. If you underestimate your worth, you'll low-ball yourself and have to settle for less than the company was prepared to pay.
      3. If asked what salary you're looking for, say you have a range. Then say it really depends on the total package, including fringe benefits you might be entitled to, such as: Health insurance, vacation time, annual salary review, retirement savings plans, bonus plans, college tuition reimbursement plans, stock options.
      4. If pushed on the subject, state the r
        Why Learning Organisations Make Horse Sense
        Flogging a dead horse is a commonly used idiom here in the UK. If someone is trying to convince someone else to do or feel something without any hope of succeeding, we say they're flogging a dead horse. This is used when someone is trying to raise interest in an issue that no-one supports anymore; beating a dead horse will not make it do any more work. 1. Similarly, the tribal wisdom of the Dakota Indians, passed on from generation to generation, says that, "When you discover that you are riding a dead horse, the best strategy is to dismount." Rather than seeing a situation for what it is far too many individuals, businesses, public service and government organisations prefer to
        unting websites, libraries, trade publications, a college career office, or people who work in that industry or company.

        THE INTERVIEW

        While salary negotiation begins after the interview process, it really starts in the initial interview. That's when you will tell the company about yourself, your accomplishments and what you can do for them. You'll want to use active words in the interview to describe your achievements such as: I developed, I coordinated, I took charge of, I initiated, I oversaw, and I actively contributed to. During the interview, you want your eventual supervisor to feel that you can help solve his or her problems. Here are some rules-of-thumb related to salary negotiations that will help you during the interview process:

        1. Listen to understand the needs of the company and the person doing the hiring. What does this involve? Making good eye contact throughout the interview- the surest way to establish trust. Not interrupting and allowing them to finish their thoughts. Repeating back to the person, in the course of your answer, part of what they've just said. Nodding after they make a statement to reinforce that you've heard it.
        2. Try not to be the first one to mention money. Don't tell them how much you'll take. If you underestimate your worth, you'll low-ball yourself and have to settle for less than the company was prepared to pay.
        3. If asked what salary you're looking for, say you have a range. Then say it really depends on the total package, including fringe benefits you might be entitled to, such as: Health insurance, vacation time, annual salary review, retirement savings plans, bonus plans, college tuition reimbursement plans, stock options.
        4. If pushed on the subject, state the r
          Developing a Business Plan
          Developing a business plan is easy once you follow the ground principles laid down by the industry experts. Find here some of the necessary ingredients for a well-developed plan.First and foremost, you must pick the right business. If you choose the wrong line of work, no amount of planning will help you succeed. A sound business concept is essential for developing a business plan. Gain sufficient experience in your chosen field of work before you decide to set up your own unit. The ground reality of a business is often very different from your preconceived notions.Get a complete understanding of the target market. Test market your product or service to gauge its react
          l supervisor to feel that you can help solve his or her problems. Here are some rules-of-thumb related to salary negotiations that will help you during the interview process:
          1. Listen to understand the needs of the company and the person doing the hiring. What does this involve? Making good eye contact throughout the interview- the surest way to establish trust. Not interrupting and allowing them to finish their thoughts. Repeating back to the person, in the course of your answer, part of what they've just said. Nodding after they make a statement to reinforce that you've heard it.
          2. Try not to be the first one to mention money. Don't tell them how much you'll take. If you underestimate your worth, you'll low-ball yourself and have to settle for less than the company was prepared to pay.
          3. If asked what salary you're looking for, say you have a range. Then say it really depends on the total package, including fringe benefits you might be entitled to, such as: Health insurance, vacation time, annual salary review, retirement savings plans, bonus plans, college tuition reimbursement plans, stock options.
          4. If pushed on the subject, state the r
            Be a Smart Project Manager
            The key to being a smart project manager is to remember how you are going to manage your project, to know what to do if it does not work, and to win and keep the support of all of the project stakeholders.How are you going to do it?Remembering the following key points should ensure a successful project –Use your project methodologyFocus on your project initiation document (PID), the specific products, maintaining quality, your risk register, your project work plan and always use change control.Use your experienceUnderstand the corporate culture, learn any lessons from previous projects and ge
            .
          5. Try not to be the first one to mention money. Don't tell them how much you'll take. If you underestimate your worth, you'll low-ball yourself and have to settle for less than the company was prepared to pay.
          6. If asked what salary you're looking for, say you have a range. Then say it really depends on the total package, including fringe benefits you might be entitled to, such as: Health insurance, vacation time, annual salary review, retirement savings plans, bonus plans, college tuition reimbursement plans, stock options.
          7. If pushed on the subject, state the range you have in mind. The bottom of the range is what you must have and the top is 10-15% above what you'd take. ("I'm looking at a $65,000-$72,000 range"). Your range is based on your analysis of the market and what you feel you're worth to the company.
          8. If asked what your current pay is, tell the truth. If you're due for a raise or bonus, mention that also.

          THE NEGOTIATION PROCESS

          There are several ways the conversation might go as you discuss salary and reach a mutual agreement with your future employer. Let's say she has just offered you $62,000 annual salary. You can say "O.K" and settle for less than you're worth. Or you can swallow the "O.K" and say "Hmmm" instead. According to Jack Chapman in his book, Negotiating Your Salary: How to Make $1000 a Minute, "When you hear the figure or range, repeat the figure or top of the range and then be quiet." "$62,000? Hmmm (pause) That sounds a little low."

          To avoid sounding arrogant, use a question rather than a demand. "Hmmm, $62,000 (pause). I'm delighted that you're interested in me and I am very interested in the position. Based on my experience, I'd like to be making between $65,000 and $72,000. What would it take to get to the higher level within that range?" Make a positive statement about liking the company or job before asking for other things. This communicates that you appreciate the offer and are almost ready to join them, if you can just get this one last thing. "Hmmm, $62,000. I like the opportunity and I know that I could contribute to your company, but I really need $65,000 as a minimum. I would love to work here if I can get that figure. Is there a way we can work that out?"

          Don't worry that the employer will change her mind about hiring you just because you ask for more. You must have interviewed well and be a front-runner or else you wouldn't be getting an offer. Besides, you aren't pushing her higher than she expected to go anyway. If you get an offer that's a little lower than you wanted with a company you love or one where you'd have great upward potential, ask if you can get a salary review in 3-6 months instead of a year.

          The process of negotiating is an important skill at any level of employment and it pays off in two ways--by putting money in your bank account and paying dividends in increased self-esteem. Foll

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