Show Me More Than the Money!

Written by Bernie

Bernie Frazier, SPHR is the Founder and President of CAREERCompass, LLC, a speaking and career coaching firm in St. Louis, MO. She also spent almost 25 years recruiting talent to six organizations across four industries and led the talent acquisition function for four of those organizations, including one global team.

In the movie, “Jerry Maguire,” Cuba Gooding, Jr’s. character, Rod Tidwell, was very focused on money and getting the biggest financial payout he could. So much so, that his phrase, “Show me the money!” resonated with millions of people and has been said by many for years.

In your career, like with professional athletics, securing the largest dollar amount you can get with a job offer is important. But, just like with professional athletics, there are other things you can negotiate which may be just as important (or more important) than just gaining extra dollars.

Below is a list of just some of the things beyond base salary you can often negotiate when you receive a job offer:

Additional vacation/PTO

Car allowance

Conference attendance

Flex time or home-office options

Incentive compensation percentage

Job title

Membership/professional dues (especially if tied to a relevant certification for the job)

Parking

Performance review schedule with corresponding compensation increase

Relocation bonus or temporary housing

Reporting structure

Sign-on bonus

Start date

Stock options

Technology budget (cell phone, tablet, etc.)

Training and development

Tuition reimbursement

And more!

Now, the higher the level of your position, the more latitude you have with your negotiations and the more options you can negotiate. For instance, if the job is more junior, the chances of securing stock options is pretty slim (depending on the organization, of course!). But, by remembering there’s more to negotiate than just base salary, you can end up with an offer package which really meets your needs and helps to boost your excitement for your new adventure!

Until next time….