5 Tips for Successful Salary Negotiations using Poker Strategies

Four powerful and confident women.

Are you ready to slay the game of salary negotiation like the queens you are? Well, grab your crown, put on your Poker Power crewneck and get ready to rule because we’re about to dive into the magical world of getting paid what you’re worth!

Know Your Worth, Then Add Tax: Ladies, let’s start by acknowledging our value. We bring a unique set of skills, experience, and that special sparkle to the table. So, before you even think about negotiating, do your research! Before stepping into negotiations, take the time to assess your worth in the marketplace. Research comparable roles, industries, and geographic locations to gain a clear understanding of the going rate for your skills and experience. Remember, women are still paid 83 cents for every dollar men earn. Learning poker can teach you the value of betting on yourself. At Poker Power, we teach women+ how to play their cards, not just which cards to play. Never limp onto the table and never limb into a salary negotiation!

Play Your Cards Close to the Chest: In poker, revealing your hand too early can spell disaster. Similarly, in negotiation, it’s essential to keep certain information close to the chest. Avoid disclosing your salary expectations or desired salary range too early in the process. Instead, focus on highlighting your strengths, accomplishments and contributions to the organization. Be ready to articulate these points clearly and succinctly during the conversation. Channel your inner Wonder Woman and strike a power pose before entering any negotiation. Stand tall, shoulders back, and own that room! Confidence is key, and nothing says confidence like a fierce stance and a killer smile. You got this, girl! 

Read the Room: Negotiation is like a delicate dance – you need to be smooth, strategic, and occasionally, a little sneaky. Successful poker players are adept at reading their opponents’ body language and cues. Similarly, in negotiation, it’s crucial to read the room and understand the other party’s motivations and constraints.Start by emphasizing your strengths and accomplishments. Look for creative solutions that meet both parties’ needs, such as additional benefits or professional development opportunities. Then, sprinkle in some mind tricks by subtly steering the conversation towards your desired salary range. Use phrases like, “Based on my research and experience, I believe a fair salary would be…” 

Turn Obstacles into Opportunities: Ah, the dreaded salary question. “What are your salary expectations?” Don’t panic! Instead of giving a specific number, flip the script and ask about the budget for the role. This allows you to gauge their range without revealing your hand too soon. And if they lowball you? Channel your inner Olivia Pope and handle it like a boss. Politely but firmly reiterate your value and why you deserve more. You’re not asking for a handout; you’re demanding what’s rightfully yours! 

Know When to Hold ‘Em, Know When to Fold ‘Em: Negotiation is a delicate balance between pushing for what you deserve and knowing when to gracefully accept an offer. If they meet your expectations, celebrate your victory and break out the champagne! But if they play hardball and refuse to budge, don’t be afraid to walk away. Remember, you’re a boss babe, and there are plenty of opportunities out there just waiting for someone as valuable as you.

So, there you have it, ladies – the ultimate guide to mastering the art of salary negotiation with style, grace, and a sprinkle of sass. Want to learn more about how poker can improve your negotiation skills? Sign up for our beginner-level poker lessons

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