Self-made millionaire Barbara Corcoran warns not to make the mistake of asking for a raise: Do these 2 things instead


- Barbara Corkuran from Shark Tank believes that you can record a wage increase If you are ready to negotiate properly – but all you do, “don’t go there and say you want to increase”, warn.
If you feel you deserve to increase, you are not alone. More than 80 % of Americans want to ask their president to increase their compensation, but only 60 % plan to follow up One study.
Fortunately, Shark Tank’s Barbara Kurkuran He has some words of wisdom to help you get the compensation you deserve. She says everything begins, while assessing your business responsibilities.
Corkuran says in a file Instagram post.
Then she adds, you should come ready to negotiate firmly by naming the number.
“Don’t go there and say you want to increase,” she says. “Suppose you want to increase 10 % while you are in a much better negotiating mode to get 8 %. Name the number.”
Although Korkuran’s advice may seem simple, it is likely that you will increase confidence behind your lifting proposal Build your wealth on your own conditions.
When there are fewer increases to wrap, the risks are higher
During periods of economic uncertainty, increases are often one of the first parts of the budgets of companies that must be to go. Between 2023 and 2024, companies It was reported that her average salary increased From 4.5 % to 4.1 %. If Market conditions 2025 Stand up volatile as they already have, there may be fewer increases to roam this year.
This does not mean that all increases have been given; This means only that the risks are brought up to you to prove that you owe you. For those who need an additional boost to formulate a message, Chatgpt Or anything else from AI Chatbot has become an effective coach to negotiate salaries for workers.
Although the request for an increase may be exhausted, it may be rare for the leader to come to you by increasing performance -based salaries. Kurkuran colleague Shark Tank Star, Robert HergvikIt confirms that at most of the time, you need to start conversation and treat it like commercial negotiation. His advice focuses on about 5 elements:
- Timing is important
- Do not beg
- Emphasize your value
- Follow the three P (practice, perspective and pre -emptive)
- Provide evidence of your performance
“It is good to give someone an increase as is the case for one receipt.” “So he planned for the future, be transparent, and firm, and remember that the final decision is due to the amount of value you add to the company.”
Not all leaders believe in an increase
Although shark’s advice may seem risk -free, no business leader does not agree that the question directly about an increase is a smart professional step.
In 2014, Satia CEO of Microsoft Nadila was asked about his advice to women Uncomfortable to ask to increase salaries, and his comments raised eyebrows: “It is not really a request to increase, but with knowledge and belief that the system will give you the correct increase,” he said.
Given that The gender gap It is still an urgent issue and that the woman has Less success in raising the landingHe was seen as controversial. However, for a surprise, some experts, including many high -wage executive managers, agreed.
“You are never asking for more money,” Victoria Midfik, Executive Director of the Women’s Executive Center at the Kelog College for Administration, He said luck at that time. “You ask about more package. With your entry into negotiations, you can always make what you achieve for work. The compensation must be in the offer.
However, if you feel that you are doing more than you are compensated, it may be better to photograph your snapshot with a well -ready plan instead of sitting idle while your peers takes the initiative.
This story was originally shown on Fortune.com
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2025-04-04 14:43:00