This week, I participated in an American Association of Pharmaceutical Scientists (AAPS) panel discussion with Brandon Miller on salary negotiations. We answered audience questions that explored creative strategies for successful negotiations, addressing topics such as counter offers, flexibility beyond base salary, and handling 'best offer' scenarios. We also discussed the importance of understanding the entire compensation package, including stock and equity considerations, as well as maintaining regular feedback with managers. Brandon and I both offered common negotiation mistakes and effective mindsets to adopt for a successful outcome. For more resources, join our community and access the full webinar on the AAPS website.
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00:00 Introduction and Overview
00:41 Panel Discussion Recap
01:29 Creative Salary Negotiation Strategies
01:56 Considering Work-Life Balance
03:41 Handling Firm Offers
05:41 Beyond Base Salary: Perks and Flexibility
06:35 Salary Disclosure Tips
08:14 Understanding Stock and Equity
10:32 Negotiating Raises with Current Employers
12:27 Common Mistakes in Salary Negotiations
15:04 Mindset for Successful Negotiations
16:35 Conclusion and Resources
