All articles tagged with #salary negotiation
If you suspect you're underpaid, conduct market research to understand the value of your skills, prepare data points to support your request for a salary adjustment, and avoid comparing yourself directly to colleagues. If your employer is unreceptive, consider seeking new opportunities that better match your market value.
Rebel Wilson reveals in her memoir that her agency "liked me fat" because they earned significant commissions from her roles as the "fat funny girl," as her salary jumped from $3,500 for "Bridesmaids" to $10 million for "Pitch Perfect 3," with a weight maintenance clause. She negotiated for the higher salary, highlighting the disparity in pay between men and women in Hollywood. Wilson's weight loss led to backlash from some fans, but she hopes her memoir will help them understand her journey with weight and health.
Rebel Wilson reveals in her new memoir that she negotiated a $10 million salary for "Pitch Perfect 3," a significant increase from her earlier earnings, and discusses the impact of her weight on her career. She shares that her agency preferred her to remain overweight due to financial incentives, and her decision to lose weight led to some backlash from fans. Despite the challenges, Wilson's memoir, "Rebel Rising," provides insight into her journey with weight and health, shedding light on her experiences in Hollywood.
A former Goldman Sachs recruiter suggests a salary negotiation trick that involves asking about the skills and experiences that differentiate candidates at different pay levels during a job interview. This information can be used to shape discussions about one's own background and later justify a higher pay during the negotiation process. Even in places without pay range disclosure laws, candidates can still inquire about the salary range based on the growing practice of pay transparency. The strategy has reportedly led to successful negotiations for a 20% increase in the initial offer for some job seekers.
The Detroit Tigers and former No. 1 overall pick Casey Mize are heading to arbitration over a $25,000 difference in salary, with Mize's agency asking for $840,000 and the Tigers offering $815,000. Despite Mize's solid performance in 2021, the Tigers could argue that he missed the entire 2023 season due to injury, while Mize's representatives could emphasize his potential and improved performance. The two sides may still reach an agreement before arbitration.
The Detroit Tigers and pitcher Casey Mize failed to reach an agreement on a one-year contract for the 2024 season, leading to an arbitration hearing to settle the $25,000 difference between their proposed salaries. Mize, recovering from surgeries, is expected to be healthy for spring training. The Tigers have a "file-and-trial" approach in arbitration and have agreed to contracts with their other eligible players. This offseason, 23 players are headed to arbitration, down from 33 last year.
Taraji P. Henson revealed in an interview that she was initially offered $75,000 for a role in "The Curious Case of Benjamin Button" after requesting $500,000, but eventually negotiated it up to $150,000. Despite not receiving her desired amount, her performance in the film earned her an Oscar nomination and opened doors for her in Hollywood. Henson has been vocal about the need to fight for fair compensation in the industry and credits Tyler Perry for being the first to pay her what she was worth.
Samantha Lenger, a 24-year-old marketer, negotiated her first job offer out of college over email and boosted her compensation package by $33,000. She transparently laid out the better offer and asked if her top-choice company could match it. Lenger advises job seekers to research pay through online databases and their network, and to negotiate beyond base salary, such as potential bonuses, wellness or work-from-home stipends, paid time off or start date. She encourages young workers to feel empowered to negotiate pay based on the current market.
Sunny Hostin, co-host of The View, revealed that former co-host Sherri Shepherd helped her negotiate a higher salary by sharing her own salary and those of former hosts Rosie O'Donnell and Jenny McCarthy. Sherri got the idea from Rosie, who did the same for her when negotiating her salary. Sunny signed a multimillion-dollar deal to remain on The View in 2022. The show has been controversial in the past, with Whoopi Goldberg coming under fire for comments about the Holocaust and Rosie O'Donnell being outspoken about her time on the show.