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g Job Offer Planning Document
Submit in Canvas by 1159 pm on Nov. 17, 2019
Name
XXXX
The job that you are seeking (the title of job and name of potential employer)
Technical Project Manager at Endeavor
List at least five sources consulted regarding compensation packages
Overtime Pay
Housing or Travel Allowance
Health Benefits (Insurance, medical leaves)
Retirement Saving Plans
Incentives and Bonuses
You
What interests (or needs) would you like to satisfy with your first job List at least 3 in order of importance.
Priority
(Rank)Interest
1Taking challenges2Feel respected on workplace3Work recognition
What issues are most important to you in your compensation package List at least 4 in order of importance.
Priority
(Rank)Issues
(for example, salary)1Executive Compensation2Rewarding and recognizing employee3Internal equity4External Competitiveness
What is your BATNA
I developed my strong BATNA when I learned various skills and earned through different sources both through job and utilizing my freelancing skills when I get the strong BATNA I can leave the job if it doesnt fulfill my terms and conditions. Initially, I separated issues that can be encountered in the organization and then focused more on my interests. Through this, I can develop various offers if my demands are not fulfilled as well as can also discover the employers hidden interests. I have generated various options for avoiding premature judgments.
What is your Reservation Point and Goal (for each issue listed above)
IssueReservation PointGoalExecutive CompensationThe companies who need to disclose the salaries of the five highest-paid employees develop plans in which they highly reward top executives only. I aim to maintain balance while designing plans for executive compensation. Which still attract top executive as well as acceptable for everyone.Rewarding and recognizing employee Companies used to develop programs for motivating their employees but it is also required to also identify ways in which such recognition made the employee feel appreciated.My objective is to identify such areas through which employee feel motivated and appreciated such rewards include both financial and non-financial awards.Internal equityFor the recognition of employees companies used to make differences in the salaries of employees on the same job roles and pay rewards only to high performers. The difference in wages also happens based on gender biases and racial differences. I aim to reduce such gaps as it is against the law to give different salaries to employees in the same role. And not also because the employees are female or a person is non-whiteExternal CompetitivenessCompanies always strive to give competitive salaries to their employees so, that the right talent came in their organization. But such things complicate the process. As the talent competition is different for different seats. I aim to identify what is the right compensation for the right seat.
Potential Employer
What issues do you think are most important to your potential employer List at least 4 in order of importance.
Priority
(Rank)Issues
(for example, salary)1Growth opportunities2Office culture3Team4Passion
What interests are most important to your potential employer List at least 3 in order of importance.
Priority
(Rank)Interest
1Be Authentic2Stay Professional3Potential to enhance skills4Ready to backup
What is your potential employers BATNA How strong is it
My potential employer focused initially on organization values. The employer BATNA is to identify their employee needs and preferences for creating a motivational environment in organization. Most important thing in his BTANA is to be check employee confidence because the salary negotiating process is uncomfortable. So, this is the time when employer check leadership abilities through that they can identify which employee can handle difficult situations and can deal with negative discussions ADDIN ZOTERO_ITEM CSL_CITATION citationIDPaZAnWc3,propertiesformattedCitation(uc0u82207 Things to Research Before Any Job Interview Glassdoor,uc0u8221 n.d.),plainCitation(7 Things to Research Before Any Job Interview Glassdoor, n.d.),noteIndex0,citationItemsid199,urishttp//zotero.org/users/local/vDOrLj7p/items/JY7TBG3J,urihttp//zotero.org/users/local/vDOrLj7p/items/JY7TBG3J,itemDataid199,typewebpage,title7 Things to Research Before Any Job Interview Glassdoor,URLhttps//www.glassdoor.com/blog/7-research-job-interview/,accesseddate-parts2019,11,13,schemahttps//github.com/citation-style-language/schema/raw/master/csl-citation.json (7 Things to Research Before Any Job Interview Glassdoor, n.d.).
Strategy
If you were asked to design your job offer, what would you propose (include all of your issues) What objective standards can you use to support this offer
Well motivated and organized employees can utilize my Project Management skills in different types of environments. Passionate to enhance skills, seeking to join Endeavor as a Technical Project Manager ensure to create good communication inside the company with budget and time management.
What will you say about yourself to help your potential employer see your value as a new hire
For me, I must say growth potential is the most crucial thing in any job role. Based on my priority I look for such a role that is better for me in terms of growth potential. I always look for such companies that give new opportunities to clients and are innovative. Secondly, I prefer those companies which have an adaptive and positive culture. Finally, I would prefer a company that provides trust and respect for their clients. It is significant for me that my colleagues give trust and respect to me just as I give them.
In an interview, how would you answer the question What is your salary range in a way that would not begin the negotiation prematurely
I would say that this position is extremely worthy for this company and this information is important for me. As the employer tries to force the candidate to give a number but if the person gives that number he or she might look like a poor negotiator to the employer. So, I would prefer to hold my line and win the situation.
What will you do to reduce your potential employers leverage during the negotiation How can you make the negotiation more integrative
The first and foremost technique is to listen carefully and understand employer interests. Also ask several questions from the employer so, that I will get an idea of his interests and will develop such a model response that the employer must reveal my interests. Another tactic can be used to ask the employer that either they are interested in the quality of services or budget.
What is your concession strategy What aspects of your dream offer will you concede first
Throughout my experience, I noticed that the most successful concession strategy which is cheapest but most valuable is giving respect to others. First thing is to develop the concession list by ranking most important to least important. I will never make any concessions without taking any return of equal value. Through this, your employer will understand if I made concession I will take anything in return as well. I must have the understanding of concessions so, that other person appreciates my concession and provides a valued reciprocal. Finally, I will make concession slowly as concession done too easily and quickly doesnt seems a real concession. As the concession ends when both parties use to give and take strategy for that I will keep some extra things in my offer ADDIN ZOTERO_ITEM CSL_CITATION citationIDvf7kvSZf,propertiesformattedCitation(uc0u8220Top Job Interview Questions Monster.com,uc0u8221 n.d.),plainCitation(Top Job Interview Questions Monster.com, n.d.),noteIndex0,citationItemsid197,urishttp//zotero.org/users/local/vDOrLj7p/items/T58HL5LQ,urihttp//zotero.org/users/local/vDOrLj7p/items/T58HL5LQ,itemDataid197,typewebpage,titleTop Job Interview Questions Monster.com,URLhttps//www.monster.com/career-advice/article/100-potential-interview-questions,accesseddate-parts2019,11,13,schemahttps//github.com/citation-style-language/schema/raw/master/csl-citation.json (Top Job Interview Questions Monster.com, n.d.).
Reference
ADDIN ZOTERO_BIBL uncited,omitted,custom CSL_BIBLIOGRAPHY 7 Things to Research Before Any Job Interview Glassdoor. (n.d.). Retrieved November 13, 2019, from https//www.glassdoor.com/blog/7-research-job-interview/
Top Job Interview Questions Monster.com. (n.d.). Retrieved November 13, 2019, from https//www.monster.com/career-advice/article/100-potential-interview-questions
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