How To Increase Your Salary $50k in 1 Year | Salary Negotiation, Job Pricing, Saying No, and More!

Let's talk about how you can increase your salary $50k in 1 year. If I can increase my salary this much, so can you. Don't miss these compensation, negotiation, and salary range tips!
In this video, we will chat about 5 actionable tips you can implement to increase your salary $50k in 1 year. These are steps that I took to find a new position that paid me for my skills & expertise. If I can increase my salary by $50k in 1 year, so can you!
Know that I made this video because, as a Compensation Professional, I see a lot of folks asking for too little when it comes to pay, so I want to be a resource that gives you insight into what happens on the back end of HR and how you can use this information to be paid equitably & increase your salary.
We’re done with pay gatekeeping!
Let me know if you have any questions about pay equity or compensation in the comments.
✨ Timestamps ✨
00:00 - Intro
00:26 - Tip #1 - Change Jobs Frequently
02:09 - Tip #2 - Research Salary Ranges in my Job & Industry
04:52 - Tip #3 - Told The Recruiter My Salary Expectations
07:44 - Tip #4 - I Negotiated
10:33 - Tip #5 - I Said No
14:30 - Outro
➤ Subscribe to my channel here 💌 / @janellknowsmoney
#increaseyoursalary #paytransparency #salarynegotiation
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Thank you so much for watching. Subscribe & come back next week for a new video!
Janell

[@fayeziqbal145]

"Company culture is not going to pay my bills and it's not going to pay your bills." Amen. What a great statement, no matter how hard it may be saying no to your "dream job".

[@Danielg86]

Janelle, you have the best channel on KZbin for getting a job, maximizing comp and negotiation! 🔥💪🙌

[@thaobui9357]

This is really super helpful! Thank you very much for sharing. And I love the way you shared as well!

[@tommytuomaala9087]

Changung jiobs withougt pay rize benefit is more beneficial than sraying put in the same posution. You learn new ways to execute things, you allso get wider perpective how different tasks relate to eachother. With heese skills alone you can leverage your sallary/promotion negotiation. You have more alternativr tools in your bagage to solve problems.

[@user-wn3eq6tq7o]

can you negotiate for government jobs "City of X" or "State of X"...

[@hernandayolearyallda]

I have a question, how much higher than the budget is the company typically willing to go? For example, I say my range is 90-95k, they say the range for the job is 70-75k? How much in your experience are they realistically willing to come up % wise?

[@y2han]

My two cents as a line manager - typically the base salary range is very hard to negotiate. There was one time a candidate I really want to hire but he was very firm on the base pay. I escalated to HR and couldn't help on that. this is due to base is considered a recurring expense to the organization. My recommendation is focus on negotiating sign on bonus benefits or PTO. Don't be afraid to ask for a 20 percent sign on and start from there

[@hernandayolearyallda]

@@y2han How high are they willing to go on the sign on bonus?

[@y2han]

@@hernandayolearyallda I would recommend at least start with 15% of the base pay for signon bonus. It also depends on the role and responsibilities and industry, the candidates can be as aggressive as demanding 20% of the base!

[@monaconumerique]

work with the concept of compensation and concentrate less on salary/pay

[@y2han]

@@monaconumerique haha, salary is the biggest part of compensation

[@robertsaladino]

What if they say no negotiation at all , this is the highest number.