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What more can I negotiate when I'm already paid well?
Q. I am the assistant to the president of a small consulting
firm. Since I am at the top of my pay scale and receive excellent bonuses, what
else can I negotiate that is not monetary, and how do I go about it?
A. You pose a very interesting question, and you're in an admirable spot.
What does one negotiate for when one is already paid well above market? Since
you already know you won't be able to get any more money in base or incentive
pay, you should decide what else you would really like. For instance, you might
like to spend more time with your family, take a professional course, or attend
a professional conference. Once you have settled on what you really want, talk
to your boss.
Don't ask for
something that won't mean anything to you, because it will be a waste of your
negotiation skills. Keep in mind that your boss is perfectly aware how well paid
you are. So when you speak with your manager, remind him or her of the benefits
the company will derive from any additional benefits you gain.
Good
luck.
- Erisa Ojimba, Certified
Compensation Professional
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