Episode notes
Salary negotiations in academic medicine can be challenging. It is especially challenging because no one teaches you how to negotiate well. In this episode, we break down the salary negotiation process. This process highlights a value-based approach and emphasizes strategic steps to secure a salary that is commensurate with your value proposition.
Key Points Discussed:
- The importance of negotiating salary based on the value created, rather than personal worth.
- Preparing for negotiation by understanding national and institutional benchmarks and aligning personal goals with institutional values.
- The significance of asking open-ended questions during negotiation discussions to gather information about the institution's expectations.
- Making a strong case for the requested salary based on obje ...