PB68: Don't Cost Yourself $600K

Oct 10, 2017

There are two truths we all hold self-evident in our careers: 1) it's always Happy Hour somewhere or 2) performance review season. With these facts of career life in mind, the best time to start your self-evaluation was yesterday and the next best time is today. On our This Week In Work segment we discuss:

• Salary negotiation: starting at $55,000 versus $50,000 could yield an additional $630,000 in career earnings
• Why you don't need to fear losing an offer of employment if you make a reasonable salary negotiation or counter offer
• For employees:
  • How to prepare for and win at your next performance review
  • Why depending only on your Manager to remember your performance for the year is a recipe for disaster
• For managers:
  • How to use an employee's "self-evaluation" to help develop your review when you've inherited a team or team member(s) from another Manager

References

• Fortune Mag - How Millennials can play salary catch-up
• ICYMI – PB1: Paycheck Plateau

Announcements

October: We’ve been selected to speak at FinCon October 25-28th: How to Build a Money Podcast Without Being an Expert (or boring).

Check out our PATREON page! We’re raising funds to grow the show so we can create more great content that helps you get ahead professionally and financially.

Read Marcus’ book on how he buried and dug his way out of over $30,000 in debt by age 30, Debt Free Or Die Trying, on Amazon.

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