Salary Negotiations facts
While investigating facts about Salary Negotiations Tips and Salary Negotiations For Public Servants 2020, I found out little known, but curios details like:
The cast of FRIENDS entered collective negotiations with Warner Bros.' before season 3 and all 6 actors agreed to be given the salary of the LEAST paid cast member. They wanted to be a true ensemble and everyone featured equally. Near the end of the series they were all paid $1 million/episode.
how long do salary negotiations take?
Alec Guinness agreed to appear in Star Wars only after he negotiated a deal that doubled his initial salary offer, guaranteed he wouldn't have to do any publicity for the film, and that he would be awarded 2.25% of all gross royalties paid to George Lucas
What to do when salary negotiations fail?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what questions to ask during salary negotiations. Here are 12 of the best facts about Salary Negotiations For Public Servants 2018/19 and Salary Negotiations 2018/19 I managed to collect.
what to ask for in salary negotiations?
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Alec Guinness negotiated a deal for his salary as Obi Wan Kenobi with George Lucas by deciding he would receive 2.25% of the total profits made by the entire "Star Wars" franchise, which in total is roughly $60 Million dollars
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About the "Anchoring Bias," the tendency to use initially presented information to make subsequent decisions. It is a widely studied psychological phenomenon, useful in salary negotiation, haggling, and sales.
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In a study of 200 people roleplaying a salary negotiation, men got higher salaries than women by $5,000. But when women were told they were negotiating as a mentor on behalf of a student, they drove bargains $11,000 higher than the men negotiating on behalf of themselves.
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Navy Chief Warrant Officer John Walker began spying for the Soviets in 1968 when he walked into the Soviet Embassy in Washington, D.C., sold a top secret document for several thousand dollars, and negotiated an ongoing salary of $500 to $1,000 a week
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Even though Steve Ballmer joined Microsoft as the 30th employer 4 years after it was founded, he negotiated an outrageous 10% future profit salary which he then exchanged for 8% equity, making him the single biggest shareholder today.
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Ellen Pao banned salary negotiations at Reddit
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In 2017 James Murdoch and Lachlan Murdoch made $9.5 million in salary from Fox a company which was part owned by their family. In 2018 when Disney was negotiating for the sale of Fox, James and Lachlan's salary increased 530% to $50 million + each.
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Reddit's CEO says women can't negotiate and refuses to negotiate salaries with new hires.
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When Ellen Pao became CEO, she removed salary negotiation for Reddit employees in the name of "gender discrimination motivation"
