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Re:Talking About Money by freyr on Friday May 01, 2015 @07:17PM (#9475122)
> negotiating pay requires a willingness to lose the job if the negotiation doesn't go well.

That's why, if possible, you negotiate when you already have another offer. I negotiated a +50% annual pay raise at my last job because I was completely willing to walk away for another job.

I also got the raise because I was playing an important part in a high value project at that time. I felt a bit guilty about the possibility of leaving the project in the lurch, or negotiating when my value was at its highest. I thought it would lead to resentment from my managers if they thought I was strong-arming them.

But they agreed to the rate, and never showed resentment. Every successful business person or trader knows to sell high, but sometimes the rest of us forget.

> If hirer has an equally good candidate or consultant who quotes a lower rate: you're out of the running.

If you can easily be replaced by a new hire or a consultant, you don't deserve the higher salary.

Re:Talking About Money by jacquesm on Saturday May 02, 2015 @01:25AM (#9475968)
Negotiating without a BATNA is like jumping out of a perfectly good plane without a parachute.
Re:Talking About Money by zo1 on Saturday May 02, 2015 @05:50AM (#9476492)
What is a BATNA?
Re:Talking About Money by walterbell on Saturday May 02, 2015 @05:52AM (#9476495)
Re:Talking About Money by rokhayakebe on Friday May 01, 2015 @07:59PM (#9475262)
I felt a bit guilty about the possibility of leaving the project in the lurch

You shouldn't and you did well. Whenever you have a position of strength and the business can afford it, you should exercise it. Simple. This is business.