Show me da money!

Had a previous client ask about negotiating with a potential high-level employee. Said it seemed like it was “just about the money,” and he was becoming disillusioned with this candidate because of that feeling.

Negotiations are just that — negotiations. They aren’t always a single exchange.

The same argument could be made about companies — if they won’t pay more, is it just about money, then?? Shouldn’t the company’s motivation be something greater than the short-term salary cost?

Candidates and employers have the same objective in a compensation negotiation — only 180 degrees apart. It’s not a value judgment on either side. Both have needs, desires, and preferences. I’m being a bit facetious just to point out that, as long as negotiations are productive, and the person is a good fit, keep going. Many people, especially those more senior, are trying to get the best possible deal in exchange for their efforts. It doesn’t make them “all about money,” it could simply mean they are trying to maximize their value.

Also, detailed agreements at the start stage can go a long way toward preventing misunderstandings and missed expectations later.

It doesn’t have to be a win-lose situation. Negotiate in good faith; be strong, but do what’s best for your organization, not your ego.

KB

Kevin Berchelmann
http://www.triangleperformance.com/

Comments

  1. says

    Enjoyed your post on da money. I had a brief conversation with a prospective client who was trying to hire an executive “on sale.” Seems he thought he could get this guy for less because he had been out of work. I asked him how he thought this guy would perform knowing that he was being underpaid.

    I’m all for buying some things on sale, but when it comes to talent you get what you pay for.

    Roberta Matuson

Leave a Reply

Your email address will not be published. Required fields are marked *