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Tips for negotiating your salary (from an ex-FAANG recruiter) - YouTube
Channel: mayuko
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Hey everybody, how's it going? My name is Mayuko聽
and welcome back to my channel where we talk about聽聽
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tech career and life. So today, again, we're going to聽
talk about salary negotiations. So i posted a video聽聽
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recently about Whether to Negotiate your Salary聽
and so today we're going gonna follow up and talk聽聽
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about how to exactly do that. And this is from my聽
conversation that i had with Sarah, who is the Lead聽聽
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Negotiator at levels.fyi. She was on Muko's Corner,聽
my show about leading a life that feels more聽聽
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you in both your life and tech career. Sarah, again,聽
just has like, so much great information from her聽聽
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time as a tech recruiter at Amazon, Facebook,聽
and Google to talk about the do's and don'ts聽聽
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about how to negotiate a salary. So the topics聽
covered today will be like: how do you answer what聽聽
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are your salary expectations, and exactly what聽
medium is best for having these conversations.
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And before we get started, i wanted to say thank聽
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Thanks again to Skillshare and now let's dive in.
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Mayuko: Okay next i want to talk more about how聽
do you actually negotiate. Specifically, i have a聽聽
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lot of questions about this, but i guess like the聽
first question that i had... i think this was one of聽聽
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the questions that i really was curious about when we聽
first started talking was: when a recruiter asks聽聽
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you what are your salary expectations, what's聽
the best way, what's the golden answer,聽聽
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the do's and don'ts of how to respond to that聽question?
Sarah: Don't give them that number. Don't give聽聽
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them that range, because like i said, the range聽
is really large. You don't know where you land in聽聽
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that compensation band and so i would recommend聽
push back on that recruiter and ask:
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and you don't have to answer anything
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either. If you don't know the answer, just let them聽
know,
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And then, you know,聽
usually recruiters are pretty respectful of that.聽聽
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Another thing too is, if you're in the state of聽
Washington or California as the candidate, when you聽聽
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request for a compensation band, legally speaking聽
they have to share the minimum wage with you聽聽
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And recently with Denver too, they passed a law where聽
for any employer, when they post a job description,聽聽
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they have to mention like, the minimum salary range聽
too. So the recruiter can push for it, the recruiter聽聽
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can ask, there isn't anything in place that, you聽
know, tells them that they can't ask, but as the聽聽
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candidate you're not obligated to answer that question.
Mayuko: that's really聽good to know.
I think in the past, i recommended聽聽
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to you, all my viewers, that you should say "i expect聽
to be compensated competitively" which is fine, but聽聽
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i think, instead, flipping the question to them, because as soon as you put out a number out聽聽
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there, you basically might already be giving聽
yourself away at a discount, which is great聽聽
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for the company, because then they're like "wow we聽
get someone at this caliber for this cheap, great!
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let's just like keep going with their number!"聽
when in fact, you're actually worth a lot more.聽聽
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Sarah: Exactly, and it's just like, you know, once you聽
give a number, the recruiter will hold you to it聽聽
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So if you say 230k in total compensation, they will聽
give you exactly that, like, nothing more, nothing聽聽
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less. And let's say you start interviewing聽
with another company, and they give you 300k.聽聽
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You can't come back and be like, "well just kidding,聽
like, now i want 300k". You know, now the recruiter聽聽
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can say, "wow he came back, you know, and tell me the聽
other competing offer, which means that he really聽聽
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he or she really wants this position. I'm not gonna聽
move the needle, and they will eventually cave and聽聽
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it's the best offer. You know, if i'm a really聽
aggressive recruiter, they'll do that. And then聽聽
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another thing too, when they give you the range,聽
don't say yes, don't say no. Let's say you flip it聽聽back on them and say
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and let's say the recruiter tells you, "All聽
right well the range is 100k-120k, how does聽聽
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that sound to you? Do you like this number? Avoid saying, "yeah no that sounds great" or聽聽
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"no that's really low" Keep things a little bit more聽
open-ended by saying, "that's a really good start"
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So that yeah, you open that door to yourself to negotiate later.
Mayuko: For sure, yeah, it's like you leave it as聽聽
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lukewarm as possible, for as long as possible is聽what i'm hearing.
Sarah: Exactly. With negotiation, you聽聽
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want to be... you want to use really neutral聽 verbage here. You don't want to under聽聽
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share, but you don't want to over share at the聽same time.
Mayuko: So then at what point do you actually聽聽
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give a number, or like who's the... who should be聽
the first one to give a number then, i guess?
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Sarah: So even at the very end when the recruiter, you聽
know, shares with you the good news like, "all right聽聽
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the team really loves you, they thought you do聽
really well in (ABCD), they see a lot of growth potential聽聽
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in you," you know, "we're ready to move on to the聽
offer stage, what are you looking for?" Even at聽聽
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that stage, i still would recommend: don't give your聽
number. You want to take this call聽聽
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to really understand their compensation philosophy.聽
They can't just be pushing for a number when聽聽
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when they don't tell you聽
what goes into it, right? You can't make a decision聽聽
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without being informed, so push it back on them聽
and say: "truthfully, you know, i've been really busy聽聽
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prepping for the interview, i haven't put much聽
thought into it. If you don't mind...聽聽
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You聽know, once they go over everything again,聽聽
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you can just push it back on them one more time聽
saying, "you know, this is a little bit newer for me聽聽
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and everyone has a different compensation structure,聽
i know i'm not comparing apples to apples. If you聽聽
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don't mind just sharing the numbers with me first,聽
it would be super productive or effective or super聽聽
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helpful for me, i would greatly appreciate it."聽
Mayuko: it's almost like a game of poker. I'm just like,聽聽
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waiting for them to fold, just like waiting聽
and waiting and waiting waiting, and then having聽聽
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them be the first to show their hand.
Sarah: Exactly, and聽like once the recruiter has to explain everything聽聽
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for you, they'll just like be i might as well聽
just share a number now.
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Mayuko: Right, and like you mentioned, at that stage, you've already gone through the entire interview聽聽
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process, you got a sense for the company culture,聽
you got a sense of what they're looking for in聽聽
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this role, you have their compensation philosophy聽
together. You can piece all of those together, even,聽聽
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that when they give you a number, you have the data聽
and information to be able to confidently say聽聽
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"Actually, based on what i know and what i've聽
learned, i think i'm this much instead."
Sarah: Exactly, and聽聽
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you want to do a lot of the asking good questions聽
during that call. Like asking about the bonus聽聽
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structure: how does that work typically, when聽
is the payout, is it once a year, is it twice a year,聽聽
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is there any other bonuses on top of, you聽
know, what you guys offer, and things like聽聽
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that. And for companies that don't offer a bonus,聽
that's the perfect window for you to use that聽聽
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as leverage against them like, "hey since you聽
don't offer me any bonuses, what i want to be mindful聽聽
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of is inflation, and you know living costs are聽
just keep going up. So essentially if i don't聽聽
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take this into consideration now, the longer i聽
stay with the company, essentially the less my聽聽
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take-home pay is going to be, and i don't want to聽
be in a position where salary is a thing for me to聽聽
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have to leave the company, so i hope you understand聽
where i'm coming from." They can't say no to that聽聽
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you're going to be the biggest [jerk] if you聽
say no after that request, right?
Mayuko: that's true!聽聽
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Use all of that knowledge you learned in聽
AP Econ to talk about inflation, to talk about聽聽
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money, and use all of that to your advantage. This聽
whole conversation of this back and forth between聽聽
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yourself and a recruiter, recruiter has a hiring聽
manager and other folks behind them to聽聽
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make decisions about all of this, but what's the聽
best format to be having this conversation? 聽
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Sarah: Good question. So typically what i would recommend聽is to
do that over via email. After the聽聽
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recruiter tells you, we would love to move forward,聽
they go over the compensation structure with you,聽聽
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perks and benefits, let them know "this is a lot of good聽
information, let me just take some time to process聽聽
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all of this and get back to you later. Would聽
that make sense for you/would that work for you?"聽聽
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As a recruiter, for myself, it's so much easier聽
to, you know, kind of follow the thought process聽聽
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because sometimes it's really hard to like, maybe聽
when i'm on the phone, someone just pinged me, i聽聽
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got distracted, maybe they were asking me 140 but聽
i misheard them and i wrote down 104, for example.聽聽
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So just to have everything on paper is聽
so much easier for the recruiter to you know聽聽
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not make any like, mistakes when it comes to numbers聽
there. And let's say if i have to get an approval聽聽
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from their manager, it's so much easier for me to聽
just kind of forward that email to the manager聽聽
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or the compensation team. So as a candidate, you聽
have so much more control over your narrative聽聽
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because you could be saying the perfect thing, but聽
communication goes both ways. It's also dependent聽聽
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on what/how the other side is perceiving that message.聽
So if this person misunderstood what you were聽聽
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saying, and this person is relaying all this聽
information to the team, you don't know what ran聽聽
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what went wrong in that process, like things can go聽
sideways really fast. Or maybe this recruiter just聽聽
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explained something completely off and the聽
manager, she could take it the wrong way聽聽
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and that's kind of what could potentially聽
jeopardize your relationship with the manager.聽聽
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It makes life so much easier on you to do it over聽
via email, because a lot of the time too, i i would聽聽
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see this happen with my friends where they, you聽
know, i'll prep them like "ask for this much" and聽聽
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they were like "yep nope i got it" and then we would聽
rehearse it and then when they're on the phone聽聽
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they get so nervous that they start to like聽
discount themselves like "well, i guess like i mean聽聽
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i kind of want 300k, but like i would be okay with聽
250" and i'm just like "oh no" i'm just like "oh whattt"
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The best analogy to think of this too聽
is when you send the recruiter an email,聽聽
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and then you have a call with them after. It's just聽
the analogy of like when you watch a movie, and you聽聽
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reading the book before the movie is so much easier聽
to understand, right? Versus if you just watch the聽聽
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movie and you've never read聽
the book before, you have no idea what's going on聽聽
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in the movie. So that's like kind of taking the聽
call without priming the recruiter, like what聽聽
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you're going to talk about, and you have to explain聽
everything live, they're just going to sit there聽聽
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and be like okay like "i guess it makes sense but聽
i'm not sure" So email is the best way to go:聽聽
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easier for you to lay out your thought process聽
there, much easier for the recruiter to share all聽聽
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that information with the team. You have so much聽
more control over your narrative.
Mayuko: Thank you all聽聽
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so much for watching the video i really hope you聽
liked it. Make sure to check out the other video i聽聽
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did about salary negotiations featuring sarah, and聽
if you'd like to just watch the recording of the聽聽
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live stream i did on Muko's Corner, then you can聽
become a member today by clicking the join button聽聽
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down below and get access to the full recording.聽
My members help make Muko's corner a reality and聽聽
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also supports me in my channel, and allows me to聽
do what i do. And if you haven't already, the other聽聽
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way you can support me is by clicking subscribe. So聽
take care and i'll see you in the next video byeeeee
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