Wealth Minded MD

Renegotiating your Work Contract


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Your contract is likely approaching its automatic renewal date, but that doesn’t mean you have to settle for the same terms. In this episode, we share practical, high-impact tips on how to renegotiate your work contract before it auto-renews. Learn how to determine your value, identify who has the authority to approve changes, compare your compensation to industry standards, and clearly define what you want—whether it's a new pay structure, a different schedule, or a change in location. We also highlight why timing matters, especially around the end of the fiscal year. Tune in for actionable advice to help you secure better pay, improved schedules, and more favorable work conditions.

 

[00:02:54] How to Negotiate Your Salary and Employment Contract Effectively
[00:14:52] Step-by-Step Guide to Renegotiating Your Work Contract
[00:26:29] How to Get Your Manager’s Support in Contract Negotiations
[00:27:08] Using Negotiation Scripts to Boost Your Confidence and Results
[00:28:06] How to Determine Your Market Value Before Negotiating
[00:30:44] Identifying Key Contract Changes: Salary, Schedule, Location
[00:33:12] Negotiation Tips for Non-Salary Benefits and Work Conditions
[00:40:36] How to Clearly Articulate Your Professional Value



Ready to increase your income at your job? Join the waitlist for our Negotiate Like a BOSS accelerator!

 

🎉This episode is sponsored by  PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing [email protected].




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Wishing you a fantastic week ahead and happy wealth building!

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Wealth Minded MDBy Drs. Lisha Taylor and Brittne Halford

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