1 00:00:00,680 --> 00:00:04,880 Speaker 1: Hello, my name's Santasha Nabananga Bamblet. I'm a proud yor 2 00:00:04,960 --> 00:00:08,639 Speaker 1: the Order KERNI Whoalbury and a waddery woman. And before 3 00:00:08,680 --> 00:00:11,160 Speaker 1: we get started on She's on the Money podcast, I 4 00:00:11,160 --> 00:00:14,319 Speaker 1: would like to acknowledge the traditional custodians of the land 5 00:00:14,400 --> 00:00:17,680 Speaker 1: of which this podcast is recorded on a wondery country, 6 00:00:18,120 --> 00:00:22,240 Speaker 1: acknowledging the elders, the ancestors and the next generation coming 7 00:00:22,320 --> 00:00:26,960 Speaker 1: through as this podcast is about connecting, empowering, knowledge sharing 8 00:00:27,080 --> 00:00:30,120 Speaker 1: and the storytelling of you to make a difference for 9 00:00:30,240 --> 00:00:33,080 Speaker 1: today and lasting impact for tomorrow. 10 00:00:33,320 --> 00:00:36,680 Speaker 2: Let's get into it. She's on the Money, She's on 11 00:00:36,720 --> 00:00:37,400 Speaker 2: the Money. 12 00:00:57,160 --> 00:00:59,680 Speaker 3: Hello, and welcome to She's on the Money the podcast 13 00:00:59,680 --> 00:01:02,320 Speaker 3: at hell to grow rich out in every way, especially 14 00:01:02,360 --> 00:01:05,520 Speaker 3: in your wallet. I'm excited. And last episode you might 15 00:01:05,560 --> 00:01:08,920 Speaker 3: remember that we stretch those dollars further until they screamed. 16 00:01:09,120 --> 00:01:11,160 Speaker 3: It's not the first time had that effect. But today 17 00:01:11,200 --> 00:01:15,160 Speaker 3: we're shifting here. Okay, it's all about making more money. Honey. 18 00:01:15,400 --> 00:01:18,600 Speaker 2: Oh I love this. I am totally here for our 19 00:01:18,600 --> 00:01:21,920 Speaker 2: community making more money. I'm really pumped to this chat. 20 00:01:22,080 --> 00:01:24,840 Speaker 2: I feel like you're bringing the right energy. Yeah, yeah, yeah, 21 00:01:24,840 --> 00:01:28,160 Speaker 2: you're bringing your big dog energy today and usually in 22 00:01:28,240 --> 00:01:31,600 Speaker 2: tough financial times, our instinct is to focus on saving, 23 00:01:31,920 --> 00:01:34,080 Speaker 2: like tightening the belt, like we're just trying to like 24 00:01:34,360 --> 00:01:37,319 Speaker 2: scrimp and save. We're looking for like budget recipes, like 25 00:01:37,400 --> 00:01:40,520 Speaker 2: we're doing things at home instead of going out. But 26 00:01:40,720 --> 00:01:43,080 Speaker 2: I want to shift that narrative. I want to change that. 27 00:01:43,800 --> 00:01:46,800 Speaker 2: I want to do something different. Today we're going to 28 00:01:46,800 --> 00:01:49,080 Speaker 2: be focusing on how to bring more money in, Beck, 29 00:01:49,200 --> 00:01:50,560 Speaker 2: not just how to save it. 30 00:01:51,360 --> 00:01:54,440 Speaker 3: Yeah, okay, I'm liking this. And honestly, who doesn't like 31 00:01:54,440 --> 00:01:55,040 Speaker 3: more money? Who do? 32 00:01:55,120 --> 00:01:58,840 Speaker 2: Really? Nobody? We all like more money back, and now 33 00:01:58,880 --> 00:02:03,720 Speaker 2: more than ever, we all need more money. So today Beck, 34 00:02:03,920 --> 00:02:08,280 Speaker 2: we're talking about getting yourself a pay rise. Yes, money win. 35 00:02:08,880 --> 00:02:11,280 Speaker 2: But also it's a little bit of a fickle conversation. 36 00:02:11,440 --> 00:02:14,800 Speaker 2: According to the ABS, Beck, wages they've been growing, but 37 00:02:14,880 --> 00:02:18,320 Speaker 2: they haven't been keeping pace with the rate of inflation. 38 00:02:18,560 --> 00:02:22,519 Speaker 2: Class it's so annoying. So that essentially means that as 39 00:02:22,560 --> 00:02:25,880 Speaker 2: the cost of goods and services increases, our wages aren't 40 00:02:25,919 --> 00:02:28,360 Speaker 2: keeping up, and that is putting us in a little 41 00:02:28,360 --> 00:02:32,320 Speaker 2: bit of a pickle because ultimately that means that this year, Beck, 42 00:02:32,600 --> 00:02:34,960 Speaker 2: you're able to buy less with your salary than you 43 00:02:35,000 --> 00:02:37,200 Speaker 2: were able to buy last year. That's not fair. 44 00:02:37,280 --> 00:02:40,040 Speaker 3: I know it's like a paid deduction, exactly. 45 00:02:39,680 --> 00:02:43,080 Speaker 2: But nobody's calling it that, are they. They're just going, Oh, 46 00:02:43,120 --> 00:02:46,200 Speaker 2: it's just the rising cost you live. Exactly. I'm so 47 00:02:46,320 --> 00:02:49,360 Speaker 2: sick of hearing cozy lives. We now need to talk 48 00:02:49,480 --> 00:02:52,680 Speaker 2: more about how to make more money, like we are 49 00:02:52,760 --> 00:02:56,440 Speaker 2: hustlers and we deserve it, right, Beck, I completely agree, exactly. 50 00:02:56,480 --> 00:02:56,560 Speaker 1: So. 51 00:02:56,760 --> 00:02:59,800 Speaker 2: Research by the recruitment company Hayes. You've probably heard me 52 00:02:59,800 --> 00:03:02,800 Speaker 2: talk about them a million times before. They found that 53 00:03:02,919 --> 00:03:06,959 Speaker 2: fifty four percent of Aussie's believe that they're underpaid doing 54 00:03:07,040 --> 00:03:09,800 Speaker 2: the work that they do, but less than half of 55 00:03:09,840 --> 00:03:12,280 Speaker 2: them feel comfortable asking for a pay rise. 56 00:03:12,800 --> 00:03:13,480 Speaker 3: It is awkward. 57 00:03:13,600 --> 00:03:15,720 Speaker 2: It's awkward, but we're going to make it better. We're 58 00:03:15,760 --> 00:03:18,560 Speaker 2: going to make you feel so empowered to ask for 59 00:03:18,639 --> 00:03:22,000 Speaker 2: a pay rise. I think it's wild. You're doing that work, 60 00:03:22,440 --> 00:03:25,120 Speaker 2: you should be remunerated for it. Like you're not going 61 00:03:25,160 --> 00:03:27,720 Speaker 2: to work for free, Beck, Exactly, you don't. I mean, 62 00:03:28,040 --> 00:03:31,480 Speaker 2: I love my job. I am stupid enough that I 63 00:03:31,520 --> 00:03:35,880 Speaker 2: would do my job for free. But that is a privilege. Yes, 64 00:03:36,320 --> 00:03:38,880 Speaker 2: if you're going to work, you need to be remunerated 65 00:03:39,120 --> 00:03:41,840 Speaker 2: for the time, that energy, the effort, the fact that, Beck, 66 00:03:42,240 --> 00:03:44,680 Speaker 2: you would much prefer to be outside hanging out in 67 00:03:44,680 --> 00:03:48,240 Speaker 2: the grass. Yeah, but that don't make money, does it. Unfortunately, 68 00:03:48,280 --> 00:03:50,920 Speaker 2: So for the time that we are making money, we've 69 00:03:50,920 --> 00:03:53,480 Speaker 2: got to make it work hard. Yes, it's got to 70 00:03:53,520 --> 00:03:55,560 Speaker 2: be worth it. So what do we have to do 71 00:03:55,680 --> 00:03:57,520 Speaker 2: if we're not being paid what we are worth? 72 00:03:58,040 --> 00:04:01,240 Speaker 3: We ask very kindly for a pay rise. 73 00:04:01,080 --> 00:04:02,920 Speaker 2: That's true, but we're going to get our ducks in 74 00:04:02,960 --> 00:04:05,840 Speaker 2: a row, so it's basically impossible to say no. Cool, 75 00:04:06,080 --> 00:04:10,080 Speaker 2: I love this for us, right, So, Beck, I want 76 00:04:10,080 --> 00:04:12,760 Speaker 2: to know you ever asked for a pay rise? I did? 77 00:04:12,800 --> 00:04:13,800 Speaker 3: Ones was a few years ago. 78 00:04:13,880 --> 00:04:14,560 Speaker 2: How did it go? 79 00:04:14,960 --> 00:04:17,360 Speaker 3: I think I was on fifty K and this same 80 00:04:17,480 --> 00:04:20,640 Speaker 3: role was worth like upward of seventy and I did 81 00:04:20,680 --> 00:04:23,000 Speaker 3: ask kindly. Was with a boss who I really love, 82 00:04:23,080 --> 00:04:24,880 Speaker 3: and she said, Beck, let's pretend we're of the pub. 83 00:04:24,960 --> 00:04:26,760 Speaker 3: Let's just speak candidly. Ask me what you want to 84 00:04:26,760 --> 00:04:29,480 Speaker 3: ask me. And then I said, I need more money. Unfortunately, 85 00:04:30,080 --> 00:04:32,000 Speaker 3: it was a big no, and there was no two 86 00:04:32,000 --> 00:04:34,440 Speaker 3: ways about it. I probably could have gone in with 87 00:04:34,480 --> 00:04:37,440 Speaker 3: more information and more confidence and more everything. 88 00:04:37,600 --> 00:04:39,640 Speaker 2: Why do you think it was a big no, because 89 00:04:39,640 --> 00:04:41,600 Speaker 2: that's a really big let down, right, Like, even though 90 00:04:41,600 --> 00:04:45,200 Speaker 2: your boss is like beck, let's speak candidly, which makes 91 00:04:45,200 --> 00:04:48,120 Speaker 2: you feel a bit at ease. Yeah, she chucked me. Well, 92 00:04:48,200 --> 00:04:49,880 Speaker 2: I don't know if she tricked you. Maybe she was 93 00:04:49,920 --> 00:04:52,000 Speaker 2: trying as hard as possible. I would say that leans 94 00:04:52,000 --> 00:04:55,520 Speaker 2: into my management style, right, Like I would love for 95 00:04:55,600 --> 00:04:59,320 Speaker 2: you to feel super comfortable coming to me about anything, 96 00:04:59,360 --> 00:05:00,840 Speaker 2: like and if you were like, oh, I need more money, 97 00:05:00,839 --> 00:05:02,839 Speaker 2: I'd be like, great, let's have a chat about that. Yeah, 98 00:05:02,839 --> 00:05:05,120 Speaker 2: but that can be a way to kind of disarm 99 00:05:05,160 --> 00:05:08,560 Speaker 2: you so that you're not as researched, like yeah, and 100 00:05:08,839 --> 00:05:11,400 Speaker 2: even if your boss is super casual, super chill and 101 00:05:11,600 --> 00:05:13,760 Speaker 2: open for a conversation, I think that we should still 102 00:05:13,800 --> 00:05:16,320 Speaker 2: be going to those meetings fully prepared. When you went 103 00:05:16,360 --> 00:05:19,640 Speaker 2: to that meeting you said before, you weren't super prepared, 104 00:05:20,240 --> 00:05:22,560 Speaker 2: Like did you walk away going damn? I could have 105 00:05:22,760 --> 00:05:25,440 Speaker 2: held my own a bit more or like, how'd you feel. 106 00:05:25,279 --> 00:05:26,840 Speaker 3: A little bit of both? Because I know that there 107 00:05:26,839 --> 00:05:29,520 Speaker 3: were several layers of management above my boss at the time, 108 00:05:29,640 --> 00:05:32,200 Speaker 3: So I feel like, in her words, she didn't have 109 00:05:32,240 --> 00:05:34,760 Speaker 3: much wiggle room. It wasn't after her but she could 110 00:05:34,800 --> 00:05:37,440 Speaker 3: have I do think, gone away and fought my battles 111 00:05:37,480 --> 00:05:41,400 Speaker 3: for me, But she as an individual didn't have that much. 112 00:05:42,000 --> 00:05:43,320 Speaker 3: So I think the part of me was like, damn, 113 00:05:43,320 --> 00:05:44,839 Speaker 3: I should have been more prepared. The other part of 114 00:05:44,839 --> 00:05:47,239 Speaker 3: me was like, I don't know what she could have done. 115 00:05:47,600 --> 00:05:51,400 Speaker 2: You know, Yeah, And I totally get that. But if 116 00:05:51,440 --> 00:05:54,800 Speaker 2: you went as prepared as possible, she would have been 117 00:05:54,800 --> 00:05:57,640 Speaker 2: able to take that information and share it up the right. 118 00:05:57,720 --> 00:06:00,000 Speaker 2: That's true, and it doesn't necessarily mean that you would 119 00:06:00,279 --> 00:06:03,160 Speaker 2: be in the better position. But I think the big 120 00:06:03,200 --> 00:06:06,240 Speaker 2: thing here for me is you did it? Was it scary? 121 00:06:06,520 --> 00:06:08,760 Speaker 3: Oh yeah? I was sick with nerves, even though I 122 00:06:08,760 --> 00:06:11,520 Speaker 3: speak to this person all the time, but it's really exhausting. 123 00:06:11,560 --> 00:06:12,280 Speaker 3: I feel scary. 124 00:06:12,320 --> 00:06:15,599 Speaker 2: It's so awkward, exactly, And I feel like for most 125 00:06:15,640 --> 00:06:19,359 Speaker 2: people there's this psychological barrier when it comes to asking 126 00:06:19,480 --> 00:06:23,400 Speaker 2: for a pay rise, Like it feels uncomfortable, it feels awkward, 127 00:06:23,440 --> 00:06:26,800 Speaker 2: and especially for millennial women, we just shy away from 128 00:06:26,880 --> 00:06:30,040 Speaker 2: it so much, like we have this deep seated fear 129 00:06:30,080 --> 00:06:33,400 Speaker 2: of rejection. We have this idea in our head We're 130 00:06:33,400 --> 00:06:34,880 Speaker 2: gonna go to our boss, and our boss is going 131 00:06:34,920 --> 00:06:38,600 Speaker 2: to go oh Beck, you think you're doing a good job, 132 00:06:38,800 --> 00:06:42,520 Speaker 2: you think you're worth more money. Oh no, Like, I 133 00:06:42,560 --> 00:06:45,200 Speaker 2: don't want that conversation. That makes me feel uncomfortable. And 134 00:06:45,320 --> 00:06:48,000 Speaker 2: I am the worst, right, Like I extrapolate things out 135 00:06:48,040 --> 00:06:49,920 Speaker 2: in my head. I've said this to you before, Beck, 136 00:06:50,000 --> 00:06:54,000 Speaker 2: what's the worst thing that never happened? Like you make 137 00:06:54,080 --> 00:06:55,520 Speaker 2: things up in your head and you're like, oh, well, 138 00:06:55,560 --> 00:06:58,320 Speaker 2: my boss would say this, and then I get fired. Yeah, 139 00:06:58,400 --> 00:07:01,440 Speaker 2: Like how good are we at make up these situations 140 00:07:01,560 --> 00:07:04,800 Speaker 2: literally in our head, which are a psychological barrier to 141 00:07:04,960 --> 00:07:09,000 Speaker 2: you getting what you deserve, Like you deserve a pay rise. 142 00:07:09,400 --> 00:07:11,840 Speaker 2: But we need to doddle our eyes and cross all 143 00:07:11,840 --> 00:07:13,840 Speaker 2: our tea's to get there, to make sure that when 144 00:07:13,880 --> 00:07:16,000 Speaker 2: we walk into that meeting, we go, hey, boss, I 145 00:07:16,040 --> 00:07:17,720 Speaker 2: know that you said be really candid, but I've just 146 00:07:17,800 --> 00:07:20,520 Speaker 2: prepared a few things and I want to make sure 147 00:07:20,720 --> 00:07:23,160 Speaker 2: that we are on exactly the same page. And I 148 00:07:23,200 --> 00:07:27,520 Speaker 2: think that this happens because, especially as women, we are 149 00:07:27,680 --> 00:07:33,400 Speaker 2: so scared of feeling greedy or looking greedy, or looking incompetent, 150 00:07:33,640 --> 00:07:36,920 Speaker 2: or looking like we're being demanding. I live on TikTok 151 00:07:37,000 --> 00:07:40,040 Speaker 2: chronically online, Beck, and there's just a lot of content 152 00:07:40,040 --> 00:07:43,920 Speaker 2: at the moment about reframing childhood behavior, like if your 153 00:07:44,000 --> 00:07:46,920 Speaker 2: kid's bossy, let's not call them bossy, let's call it leadership. 154 00:07:47,120 --> 00:07:49,720 Speaker 2: Like that was me, Like I had the nickname Bossy 155 00:07:49,720 --> 00:07:52,040 Speaker 2: Boots when I was little. But that doesn't mean I'm 156 00:07:52,120 --> 00:07:54,800 Speaker 2: not scared to ask for what I'm worth, And like 157 00:07:54,840 --> 00:07:58,040 Speaker 2: that even filters into my everyday life, like I know 158 00:07:58,160 --> 00:08:00,160 Speaker 2: that I'm not in a position now where I to 159 00:08:00,160 --> 00:08:01,640 Speaker 2: go to a boss and ask for a pay rise, 160 00:08:01,680 --> 00:08:04,280 Speaker 2: but like I have to negotiate things all the time, 161 00:08:04,480 --> 00:08:06,200 Speaker 2: and I still feel sick about it, Like I still 162 00:08:06,200 --> 00:08:09,400 Speaker 2: get uncomfortable, like I do speaking events, but like going 163 00:08:09,400 --> 00:08:12,040 Speaker 2: to someone and being like, hey, so you've inquired about 164 00:08:12,040 --> 00:08:15,320 Speaker 2: my speaking rates, and I would love to speak at 165 00:08:15,320 --> 00:08:19,040 Speaker 2: your event, but here's how much it costs. I feel 166 00:08:19,120 --> 00:08:22,520 Speaker 2: so uncomfortable, Beck, I hate that conversation. So this is 167 00:08:22,560 --> 00:08:24,000 Speaker 2: maybe a little bit of a pep talk for me 168 00:08:24,440 --> 00:08:27,320 Speaker 2: and you and our community so that we can get 169 00:08:27,360 --> 00:08:30,080 Speaker 2: what we are worth, because should we be paid what 170 00:08:30,120 --> 00:08:35,200 Speaker 2: we deserve, absolutely exactly. So for women, this situation is 171 00:08:35,200 --> 00:08:39,280 Speaker 2: obviously very tricky, and research shows that women are less 172 00:08:39,520 --> 00:08:41,839 Speaker 2: likely beck to negotiate their salary than men. 173 00:08:42,520 --> 00:08:43,160 Speaker 3: That checks out. 174 00:08:43,920 --> 00:08:47,240 Speaker 2: I hate that. That's the statistic. In fact, according to 175 00:08:47,280 --> 00:08:51,720 Speaker 2: a Payscale report, sixty percent of women said that they've 176 00:08:51,840 --> 00:08:56,480 Speaker 2: never negotiated their salary. What's the worst thing that could happen? Beck, Like, 177 00:08:56,520 --> 00:08:59,080 Speaker 2: you went into this literal situation. What was the worst 178 00:08:59,080 --> 00:08:59,800 Speaker 2: thing that could happen? 179 00:09:00,320 --> 00:09:04,959 Speaker 3: Well, probably nothing literally would happen. You already go in 180 00:09:05,000 --> 00:09:05,719 Speaker 3: there feeling. 181 00:09:05,440 --> 00:09:08,560 Speaker 2: Like like, let's use your example. You went to your boss, 182 00:09:08,800 --> 00:09:10,640 Speaker 2: you asked for a pay rise. You had a great 183 00:09:10,679 --> 00:09:14,080 Speaker 2: candid conversation. She heard you. Yeah, she said, sorry, Beck, 184 00:09:14,480 --> 00:09:16,280 Speaker 2: don't have a lot of wiggle room. I mean we 185 00:09:16,320 --> 00:09:17,880 Speaker 2: can reflect on it and say there's things that we 186 00:09:17,960 --> 00:09:20,800 Speaker 2: might change or do better next time. That's okay, But 187 00:09:20,920 --> 00:09:23,200 Speaker 2: she said, sorry, Beck, I don't have any wiggle room. 188 00:09:23,240 --> 00:09:26,640 Speaker 2: It's a no. You know what happened in that situation. 189 00:09:26,720 --> 00:09:28,920 Speaker 2: You walked away with a confidence to ask for what 190 00:09:28,960 --> 00:09:33,400 Speaker 2: you were worth, which is sligh from my perspective. On 191 00:09:33,440 --> 00:09:36,480 Speaker 2: the flip side, your boss realized that you are the 192 00:09:36,520 --> 00:09:38,720 Speaker 2: type of person who's going to ask for what you deserve. 193 00:09:38,880 --> 00:09:42,760 Speaker 3: Yes and all. See, she's realizing that we're desperately underpaying it. 194 00:09:43,000 --> 00:09:47,280 Speaker 2: Yeah, she knows. So it's planting a seed that you 195 00:09:47,360 --> 00:09:49,600 Speaker 2: are probably going to come back at some point when 196 00:09:49,600 --> 00:09:52,559 Speaker 2: you have some more research, because you've already said I'm underpaid. 197 00:09:53,559 --> 00:09:55,600 Speaker 2: So even if they say no the first time, it 198 00:09:55,679 --> 00:09:58,800 Speaker 2: might be genuinely because of the example that you had, 199 00:09:58,800 --> 00:10:00,800 Speaker 2: they have to say no. They're like, actually, don't have 200 00:10:00,840 --> 00:10:02,760 Speaker 2: any more budget. I would love to pay you more, Beck, 201 00:10:02,800 --> 00:10:05,120 Speaker 2: but like I just don't have that ability. Yeah, and 202 00:10:05,160 --> 00:10:08,920 Speaker 2: you go, Okay, no worries. When's budget allocation season? 203 00:10:09,280 --> 00:10:09,640 Speaker 3: Goodbye? 204 00:10:09,840 --> 00:10:12,320 Speaker 2: But when does that change? Yeah? Yeah, yeah, is there 205 00:10:12,360 --> 00:10:14,760 Speaker 2: anything I can do to help you have that conversation 206 00:10:14,840 --> 00:10:15,880 Speaker 2: with your manager. 207 00:10:15,880 --> 00:10:18,040 Speaker 3: And if you realize that there's absolutely no chance of 208 00:10:18,080 --> 00:10:18,880 Speaker 3: ever getting to pay rise? 209 00:10:19,280 --> 00:10:21,720 Speaker 2: Yeah, And I just think that so many times we're 210 00:10:21,720 --> 00:10:25,640 Speaker 2: so anxious to go into these situations and negotiate for 211 00:10:25,720 --> 00:10:28,480 Speaker 2: ourselves because we're so scared that the answer is going 212 00:10:28,520 --> 00:10:31,680 Speaker 2: to be no, when in reality, even if the answer 213 00:10:31,760 --> 00:10:34,920 Speaker 2: is no, we have learnt something. We have learned something 214 00:10:34,920 --> 00:10:37,360 Speaker 2: about backing ourselves. We are walking the walk that we 215 00:10:37,520 --> 00:10:40,920 Speaker 2: always talk about. We are going in and saying we 216 00:10:41,040 --> 00:10:43,839 Speaker 2: deserve better and this is how I would like to 217 00:10:43,840 --> 00:10:46,079 Speaker 2: see it happen. And that's okay if it doesn't happen 218 00:10:46,120 --> 00:10:49,040 Speaker 2: that way. But you've learned, You've given yourself a little 219 00:10:49,080 --> 00:10:51,320 Speaker 2: bit of confidence. The next time it comes do you 220 00:10:51,360 --> 00:10:54,040 Speaker 2: ask him for a salary increase? Again, Beck, much easier 221 00:10:54,040 --> 00:10:56,640 Speaker 2: because you've done it before. Yeah, like you've kind of 222 00:10:56,679 --> 00:10:58,720 Speaker 2: been in the sea. You've had a few of those 223 00:10:58,760 --> 00:11:02,000 Speaker 2: things happen. And I think a lot of this actually 224 00:11:02,040 --> 00:11:04,960 Speaker 2: comes down to societal norms. If you've not done it before, 225 00:11:05,200 --> 00:11:08,120 Speaker 2: you don't feel comfy rocking the boat per se. You're 226 00:11:08,120 --> 00:11:11,880 Speaker 2: a little bit uncomfortable about that reality. But like, I 227 00:11:11,880 --> 00:11:13,760 Speaker 2: don't want to be on smooth sailing waters when it 228 00:11:13,800 --> 00:11:15,920 Speaker 2: comes to my pay. I want you rock the boat 229 00:11:16,280 --> 00:11:19,840 Speaker 2: and end up in a better position. Consistently, and I 230 00:11:19,880 --> 00:11:24,160 Speaker 2: think that there's this consistent idea Beck, especially for women, 231 00:11:24,480 --> 00:11:26,679 Speaker 2: that you, my friend, need to be grateful for what 232 00:11:26,720 --> 00:11:27,040 Speaker 2: you want. 233 00:11:27,480 --> 00:11:28,640 Speaker 3: That's so true. 234 00:11:28,720 --> 00:11:30,800 Speaker 2: You should be grateful for what you already have. Beck, 235 00:11:30,880 --> 00:11:31,800 Speaker 2: you have a good job. 236 00:11:32,000 --> 00:11:34,080 Speaker 3: Yes, it is weird because you go through the interviews 237 00:11:34,080 --> 00:11:36,200 Speaker 3: and you're like begging for this job basically, but in 238 00:11:36,240 --> 00:11:37,320 Speaker 3: like the most professional way, you. 239 00:11:37,559 --> 00:11:40,439 Speaker 2: Should be grateful so what you already have. Do you 240 00:11:40,520 --> 00:11:42,719 Speaker 2: know what that gets in the way of us advocating 241 00:11:42,840 --> 00:11:45,600 Speaker 2: for what we deserve. Yep, that's so true. I'm grateful 242 00:11:45,600 --> 00:11:48,200 Speaker 2: for what I have. I'm also grateful for the skills 243 00:11:48,240 --> 00:11:50,280 Speaker 2: and the experience that I've learned in this job, which 244 00:11:50,320 --> 00:11:53,280 Speaker 2: have enabled me to be more efficient. I also know 245 00:11:53,320 --> 00:11:54,440 Speaker 2: how to do a better job. 246 00:11:54,440 --> 00:11:55,000 Speaker 3: Which is good. 247 00:11:55,040 --> 00:11:58,880 Speaker 2: But like, you deserve more because you are more. Like 248 00:11:59,160 --> 00:12:03,120 Speaker 2: when I got this job, I was at a certain 249 00:12:03,200 --> 00:12:06,280 Speaker 2: level and I was paid at that level. But I 250 00:12:06,440 --> 00:12:10,160 Speaker 2: deserve more now because I am more. Make it make sense, 251 00:12:10,240 --> 00:12:12,000 Speaker 2: Make it makes sense. It does make sense. 252 00:12:13,200 --> 00:12:15,679 Speaker 3: You know, It's like, based on experience, you'll be paid 253 00:12:15,760 --> 00:12:19,320 Speaker 3: you know whatever, hundred, It's like, okay, But when you 254 00:12:19,360 --> 00:12:22,760 Speaker 3: get more experienced, that payoise doesn't just come exactly. 255 00:12:22,840 --> 00:12:25,959 Speaker 2: And I feel like that then plays into this narrative 256 00:12:26,160 --> 00:12:30,440 Speaker 2: that you got told no, and then if you were 257 00:12:30,600 --> 00:12:33,320 Speaker 2: super motivated about moneyback, you might have started looking for 258 00:12:33,360 --> 00:12:35,680 Speaker 2: a new job. Yes, because you're like, well, I was 259 00:12:35,679 --> 00:12:38,240 Speaker 2: on fifty grand. That wasn't cutting a mustard. I wanted 260 00:12:38,240 --> 00:12:41,240 Speaker 2: to earn sixty. So because I'm not getting it in 261 00:12:41,280 --> 00:12:43,160 Speaker 2: the house that I'm currently in, I'm going to start 262 00:12:43,160 --> 00:12:46,880 Speaker 2: looking elsewhere. And then our generation of millennials, we have 263 00:12:46,920 --> 00:12:48,880 Speaker 2: been labeled as a job hopping generation. 264 00:12:49,840 --> 00:12:51,080 Speaker 3: I'm quite proud of us for that. 265 00:12:51,160 --> 00:12:53,400 Speaker 2: I'm proud of us because we're consistently jumping up and 266 00:12:53,480 --> 00:12:55,640 Speaker 2: up and up, and you consistently see that we are 267 00:12:55,679 --> 00:12:59,600 Speaker 2: earning more because of that. But we often labeled this 268 00:12:59,800 --> 00:13:02,640 Speaker 2: job hopping generation as though that's a bad thing, when 269 00:13:02,679 --> 00:13:05,880 Speaker 2: the reality is that many millennials that do stay in 270 00:13:05,920 --> 00:13:11,000 Speaker 2: their role are underpaid. Yes, so you're crucifying us because 271 00:13:11,080 --> 00:13:13,600 Speaker 2: you know we've got no commitment, but you guys aren't 272 00:13:13,600 --> 00:13:17,920 Speaker 2: remunerating us for what we are worth exactly. And I've 273 00:13:17,920 --> 00:13:20,520 Speaker 2: always lived by if you don't like it, leave, Yeah, 274 00:13:20,720 --> 00:13:23,160 Speaker 2: Like in every situation. If I don't like it, I'm leaving. 275 00:13:23,480 --> 00:13:25,760 Speaker 2: That's fine. Don't like the food at a restaurant, Beck, 276 00:13:25,760 --> 00:13:27,920 Speaker 2: We're going to find a new restaurant. Absolutely. Are you 277 00:13:27,920 --> 00:13:29,640 Speaker 2: going to keep eating the food that you don't like? 278 00:13:29,920 --> 00:13:33,200 Speaker 2: Absolutely not. There was actually a LinkedIn survey that happened 279 00:13:33,200 --> 00:13:37,000 Speaker 2: it's me recently that found that thirty eight percent of 280 00:13:37,080 --> 00:13:40,600 Speaker 2: millennials Beck avoid asking for a raise because they feel 281 00:13:40,640 --> 00:13:43,520 Speaker 2: like they haven't been in their job long enough Yeah, okay, 282 00:13:43,679 --> 00:13:47,959 Speaker 2: or they feel like they are being disloyal. Plus, many 283 00:13:47,960 --> 00:13:51,440 Speaker 2: of us who are entering the workforce during like economic downturn. 284 00:13:51,480 --> 00:13:53,199 Speaker 2: We hear it, we see it's all over the news. 285 00:13:53,640 --> 00:13:57,280 Speaker 2: There's this ingrained belief in us that we should just 286 00:13:57,280 --> 00:13:59,559 Speaker 2: be happy to have a job. Back to that, I 287 00:13:59,600 --> 00:14:01,840 Speaker 2: guess now arrative of you should be grateful for what 288 00:14:01,840 --> 00:14:06,400 Speaker 2: you already have. Beck why always asking for more? Oh, 289 00:14:06,480 --> 00:14:08,560 Speaker 2: you're so entitled. All you do is ask for more? 290 00:14:08,679 --> 00:14:10,360 Speaker 3: I know, especially if you kind of like your job 291 00:14:10,360 --> 00:14:11,839 Speaker 3: and you're like, thank you so much for giving me 292 00:14:11,880 --> 00:14:13,079 Speaker 3: the opportunity, they give me the. 293 00:14:13,120 --> 00:14:17,200 Speaker 2: Change and hinged and I think that if you want 294 00:14:17,240 --> 00:14:19,360 Speaker 2: to ask for a pay rise, let's, you know, go 295 00:14:19,440 --> 00:14:22,160 Speaker 2: through a list of should we be asking? What does 296 00:14:22,200 --> 00:14:24,760 Speaker 2: that look like? I'm going to gather my research. But 297 00:14:25,040 --> 00:14:28,440 Speaker 2: because of all this societal pressure and this idea that 298 00:14:28,680 --> 00:14:30,560 Speaker 2: we should be grateful for what we have at home, 299 00:14:30,880 --> 00:14:34,560 Speaker 2: the fear of judgment, the self doubt, it actually puts 300 00:14:34,640 --> 00:14:40,280 Speaker 2: us behind, and women in particular, and especially like a 301 00:14:40,320 --> 00:14:44,160 Speaker 2: younger generation of women are missing out on the money 302 00:14:44,240 --> 00:14:48,200 Speaker 2: that they deserve, and that money could be creating wealth 303 00:14:48,360 --> 00:14:51,800 Speaker 2: to put you and future you in the best possible position. 304 00:14:52,040 --> 00:14:54,960 Speaker 3: Yep. So what I'm gathering here from what we've spoken 305 00:14:54,960 --> 00:14:57,800 Speaker 3: about is we probably need to do some work on 306 00:14:57,880 --> 00:15:01,120 Speaker 3: ourselves before we actually get to asking for a pay rise. 307 00:15:01,680 --> 00:15:04,600 Speaker 3: And honestly, I wish I knew a person who was 308 00:15:04,640 --> 00:15:07,160 Speaker 3: good with both psychology and finance to help me out. 309 00:15:07,200 --> 00:15:07,880 Speaker 3: Do you know what I'd find? 310 00:15:08,160 --> 00:15:11,320 Speaker 2: No, I actually have no idea. I don't know. It's me. 311 00:15:12,840 --> 00:15:15,520 Speaker 2: I'm the problem. Yes, me, I feel like I can 312 00:15:15,560 --> 00:15:17,520 Speaker 2: help you here. I actually have a couple of degrees 313 00:15:17,520 --> 00:15:20,360 Speaker 2: in psychology before I decided to dive into the world 314 00:15:20,400 --> 00:15:23,200 Speaker 2: of finance, and I think my favorite thing about She's 315 00:15:23,240 --> 00:15:26,640 Speaker 2: on the Money is how we marry psychology and money 316 00:15:26,720 --> 00:15:30,960 Speaker 2: in a way that makes it approachable and personal but 317 00:15:31,040 --> 00:15:35,120 Speaker 2: also powerful. It's like my favorite thing ever, Like my 318 00:15:35,280 --> 00:15:39,440 Speaker 2: job is to educate you to empower yourself. 319 00:15:39,080 --> 00:15:40,120 Speaker 3: And God, she's good at it. 320 00:15:40,240 --> 00:15:43,600 Speaker 2: I try. That's very complimentary. But when I started that 321 00:15:43,680 --> 00:15:46,600 Speaker 2: She's on the Money community, my favorite thing about this 322 00:15:46,640 --> 00:15:51,720 Speaker 2: community is how open people actually are to talking about 323 00:15:51,760 --> 00:15:54,560 Speaker 2: money and their money stories and putting themselves in the 324 00:15:54,560 --> 00:15:57,760 Speaker 2: best possible position. And what we've been doing is working 325 00:15:57,800 --> 00:16:00,800 Speaker 2: to break down this taboo. Talking about money and talking 326 00:16:00,840 --> 00:16:03,960 Speaker 2: about finance is not okay, and I think that by 327 00:16:04,000 --> 00:16:06,680 Speaker 2: doing that, you're giving people permission not only to ask 328 00:16:06,720 --> 00:16:10,160 Speaker 2: for more money, but to be okay with where they're 329 00:16:10,200 --> 00:16:12,840 Speaker 2: at and go, oh, actually, this makes a lot of sense. 330 00:16:12,880 --> 00:16:14,680 Speaker 2: It gives you the permission to put some blinkers on 331 00:16:14,720 --> 00:16:17,480 Speaker 2: and not compare yourself to others. And I think one 332 00:16:17,480 --> 00:16:20,440 Speaker 2: of my biggest goals when I started Shees on the 333 00:16:20,480 --> 00:16:24,640 Speaker 2: Money was to make conversations about money normal, to put 334 00:16:24,640 --> 00:16:26,640 Speaker 2: you in a position where you feel powerful. Like you 335 00:16:26,680 --> 00:16:30,160 Speaker 2: and I Beck, we have conversations every single week about 336 00:16:30,200 --> 00:16:33,400 Speaker 2: money without it being personal. Nobody on this show knows 337 00:16:33,440 --> 00:16:36,440 Speaker 2: how much money Beck earns. But we know your money values, 338 00:16:36,480 --> 00:16:38,800 Speaker 2: we know parts of your money story, we know your 339 00:16:38,840 --> 00:16:40,960 Speaker 2: thoughts and feelings, and like, we know what you do 340 00:16:41,000 --> 00:16:43,440 Speaker 2: if you came into ten grand, Like I think that's 341 00:16:43,520 --> 00:16:46,480 Speaker 2: really cool. So money can be as personal as you 342 00:16:46,520 --> 00:16:48,320 Speaker 2: want it to be, but it can also be like 343 00:16:48,400 --> 00:16:50,280 Speaker 2: a little bit private, Like you don't have to tell 344 00:16:50,280 --> 00:16:53,640 Speaker 2: me how much you earn to have a positive, powerful 345 00:16:53,680 --> 00:16:56,880 Speaker 2: conversation about money. And I think that that's the coolest 346 00:16:56,880 --> 00:17:00,800 Speaker 2: thing about our community. But starting is so intimidating. So 347 00:17:01,560 --> 00:17:04,920 Speaker 2: to begin conversations about money, to get to a point 348 00:17:04,960 --> 00:17:07,639 Speaker 2: where you are genuinely empowered, to walk into your boss's 349 00:17:07,680 --> 00:17:09,960 Speaker 2: office and be like, hey, just so you know, I'm 350 00:17:10,000 --> 00:17:12,119 Speaker 2: actually worth a little bit more, You're probably not going 351 00:17:12,200 --> 00:17:13,560 Speaker 2: to say it in the same tone of voice. You're 352 00:17:13,560 --> 00:17:16,159 Speaker 2: probably going to be a little bit more professional than me. 353 00:17:16,760 --> 00:17:18,639 Speaker 2: We want to start small. We want to chat with 354 00:17:18,680 --> 00:17:21,640 Speaker 2: our friends, We want to talk to our family. Literally, whoever, 355 00:17:21,920 --> 00:17:25,120 Speaker 2: if you've got nobody in your inner circle, we're here. 356 00:17:25,280 --> 00:17:28,760 Speaker 2: We have an entire Facebook group, We have chats all 357 00:17:28,800 --> 00:17:31,600 Speaker 2: the time, people break off, they go out for coffee 358 00:17:31,640 --> 00:17:33,800 Speaker 2: with each other. It's the most wholesome thing in the 359 00:17:33,920 --> 00:17:38,440 Speaker 2: entire world. Back, the more you talk about money, the 360 00:17:38,440 --> 00:17:41,600 Speaker 2: more comfortable you are going to become when it comes 361 00:17:41,680 --> 00:17:46,720 Speaker 2: to advocating for yourself around cash. So next thing I 362 00:17:46,760 --> 00:17:49,440 Speaker 2: want to talk about is instead of framing it as 363 00:17:49,640 --> 00:17:52,840 Speaker 2: I am asking for more money, which I don't think 364 00:17:52,840 --> 00:17:55,320 Speaker 2: it is, but some people can feel this a little 365 00:17:55,320 --> 00:17:57,760 Speaker 2: bit crass. We're going to use some of my psychology 366 00:17:57,800 --> 00:18:02,399 Speaker 2: degree and we're gonna shift our mindset fotiating my value. Yeah, 367 00:18:02,480 --> 00:18:03,960 Speaker 2: I am worth more. 368 00:18:03,840 --> 00:18:05,399 Speaker 3: Beck, It's a really good way to put it. 369 00:18:05,480 --> 00:18:08,119 Speaker 2: We're going to negotiate our value. So salaries, they're not 370 00:18:08,160 --> 00:18:12,200 Speaker 2: actually an expense to the employer, They're an investment. They're 371 00:18:12,240 --> 00:18:15,280 Speaker 2: an investment into their business. They are an investment into 372 00:18:15,280 --> 00:18:18,680 Speaker 2: the value that you as an individual bring to that business. 373 00:18:18,880 --> 00:18:21,720 Speaker 2: Do you help that business make more money? And I 374 00:18:21,720 --> 00:18:23,520 Speaker 2: don't want to hear it when people say, oh, but 375 00:18:23,560 --> 00:18:25,639 Speaker 2: I'm like not a sales role. I was having this 376 00:18:25,680 --> 00:18:28,600 Speaker 2: conversation with literally one of my admin or my team, 377 00:18:29,160 --> 00:18:31,520 Speaker 2: and I wanted them to ask me for a pay 378 00:18:31,600 --> 00:18:33,639 Speaker 2: rise because they deserved it. But I wanted them to 379 00:18:33,640 --> 00:18:36,160 Speaker 2: bring it up because if anything, I want to walk 380 00:18:36,200 --> 00:18:38,560 Speaker 2: the walk in my team. And I was like, so, 381 00:18:38,760 --> 00:18:40,720 Speaker 2: talk to me about pay like, how do you feel 382 00:18:40,760 --> 00:18:44,080 Speaker 2: about it? Like they've been with me for just on 383 00:18:44,160 --> 00:18:46,399 Speaker 2: a year, so it was like pay rise time in 384 00:18:46,480 --> 00:18:49,760 Speaker 2: my head. Yeah, But I was like, surely they want more. 385 00:18:49,880 --> 00:18:51,480 Speaker 2: And I kind of wanted to push her down the 386 00:18:51,480 --> 00:18:55,720 Speaker 2: garden path to asking me because even though I think 387 00:18:55,760 --> 00:18:58,439 Speaker 2: that our team would be pretty comfortable asking, like I 388 00:18:58,480 --> 00:19:01,280 Speaker 2: want to empower them with the knowledge and the tools 389 00:19:01,520 --> 00:19:03,439 Speaker 2: so that if one day they don't work for me, 390 00:19:03,920 --> 00:19:07,600 Speaker 2: they can advocate for themselves, not just me going yep, cool, 391 00:19:07,680 --> 00:19:09,439 Speaker 2: like I am a money person and this is what 392 00:19:09,440 --> 00:19:12,119 Speaker 2: we're doing. Like I want them to be like, oh, 393 00:19:12,160 --> 00:19:14,120 Speaker 2: I'm powerful. I want you to be so good at 394 00:19:14,119 --> 00:19:16,520 Speaker 2: it that like if someone sees she's on the money 395 00:19:16,520 --> 00:19:19,000 Speaker 2: on your resume and they're like, m, this one's going 396 00:19:19,080 --> 00:19:21,720 Speaker 2: to be good. Yeah, Like that's what I want, right. 397 00:19:22,200 --> 00:19:24,040 Speaker 2: So instead of framing it as like I'm going to 398 00:19:24,080 --> 00:19:26,120 Speaker 2: ask more money, I'm going to know my value. I'm 399 00:19:26,119 --> 00:19:28,680 Speaker 2: going to negotiate my worth. That is what we're bringing 400 00:19:28,720 --> 00:19:31,960 Speaker 2: to the table today, because a salary is not an expense, 401 00:19:32,040 --> 00:19:35,080 Speaker 2: it's literally an investment. And it's a subtle but very 402 00:19:35,280 --> 00:19:40,720 Speaker 2: powerful psychological change that you can make into even valuing 403 00:19:40,760 --> 00:19:45,320 Speaker 2: yourself more, which is very important. And research into behavioral 404 00:19:45,320 --> 00:19:49,440 Speaker 2: economics actually tells us that when we shift our mindset 405 00:19:49,480 --> 00:19:51,439 Speaker 2: and we shift the way that we view things, it 406 00:19:51,520 --> 00:19:54,600 Speaker 2: impacts our confidence and it impacts our ability to make 407 00:19:54,720 --> 00:19:57,560 Speaker 2: a good decision. So changing your mindset isn't just some 408 00:19:57,640 --> 00:20:00,920 Speaker 2: fluffy thing that you do. It's actually something that can 409 00:20:01,040 --> 00:20:05,199 Speaker 2: change your life, change your financial situation. It is so 410 00:20:05,480 --> 00:20:09,120 Speaker 2: cool from effective exactly, it is life changing. We want 411 00:20:09,119 --> 00:20:11,119 Speaker 2: to shift our mindsets. And when you think of it 412 00:20:11,160 --> 00:20:13,639 Speaker 2: as advocating for the value that you bring to the 413 00:20:13,720 --> 00:20:16,199 Speaker 2: situation as opposed to like, oh it's a cost to 414 00:20:16,200 --> 00:20:19,320 Speaker 2: the business, it's going to make you feel more empowered. 415 00:20:19,320 --> 00:20:21,359 Speaker 2: It's going to put you in a better situation, And 416 00:20:21,400 --> 00:20:23,959 Speaker 2: it's not about begging for some extra cash because like 417 00:20:24,040 --> 00:20:26,679 Speaker 2: on the bills, they're adding up. Like, I don't recommend 418 00:20:26,760 --> 00:20:29,280 Speaker 2: anyone goes into a situation and says, hey, I'd like 419 00:20:29,320 --> 00:20:31,320 Speaker 2: to talk to you about getting a salary increase, because 420 00:20:31,320 --> 00:20:35,320 Speaker 2: like groceries are so expensive, we are advocating for ourselves, 421 00:20:35,440 --> 00:20:37,679 Speaker 2: not for the bills that we have to pay. So 422 00:20:37,840 --> 00:20:41,520 Speaker 2: for me, it's making sure that your compensation aligns with 423 00:20:41,600 --> 00:20:44,600 Speaker 2: the contribution and the impact that you have on that business. 424 00:20:44,600 --> 00:20:45,240 Speaker 3: It's a mouthful. 425 00:20:45,400 --> 00:20:47,199 Speaker 2: It was a bit of a mouthful. What about though, like. 426 00:20:47,200 --> 00:20:50,359 Speaker 3: When imposter syndrome kicks in, because it will so. 427 00:20:50,480 --> 00:20:53,840 Speaker 2: One of beck I find the most effective strategies is 428 00:20:53,880 --> 00:20:56,159 Speaker 2: to remind yourself of your past wins. So if I 429 00:20:56,200 --> 00:20:57,840 Speaker 2: was talking to you, I'd be like, remember that time 430 00:20:57,880 --> 00:21:01,080 Speaker 2: that you went and negotiated with your boss, like you won. 431 00:21:01,400 --> 00:21:03,040 Speaker 2: I know you didn't get the cash that you wanted, 432 00:21:03,040 --> 00:21:06,200 Speaker 2: but positive conversation, good outcome. You are more confident because 433 00:21:06,200 --> 00:21:09,439 Speaker 2: of it. We always remember our mistakes back, but we 434 00:21:09,520 --> 00:21:12,520 Speaker 2: are often so quick to forget our achievements or even 435 00:21:12,560 --> 00:21:15,920 Speaker 2: frame them properly. And those moments are proof of your value. 436 00:21:16,000 --> 00:21:18,600 Speaker 2: So start keeping like a little wind journal. I have 437 00:21:18,640 --> 00:21:20,359 Speaker 2: it in my note section on my phone where you 438 00:21:20,359 --> 00:21:23,000 Speaker 2: can just track everything that you've accomplished, whether it's big 439 00:21:23,119 --> 00:21:26,159 Speaker 2: or small. Like recently I wrote down a goal. I 440 00:21:26,240 --> 00:21:28,840 Speaker 2: have reset my wake up time in the morning. I 441 00:21:28,840 --> 00:21:31,439 Speaker 2: get up at six, which is amazing. But historically I 442 00:21:31,480 --> 00:21:35,080 Speaker 2: didn't do that. But that's a win. Yeah, Like I 443 00:21:35,160 --> 00:21:37,679 Speaker 2: shifted that and that was really hard for me. And 444 00:21:37,760 --> 00:21:41,240 Speaker 2: whether it's you nailing a project, or some positive feedback 445 00:21:41,359 --> 00:21:43,560 Speaker 2: or a goal that you've smashed, write it down. Because 446 00:21:43,800 --> 00:21:47,399 Speaker 2: we don't actually celerate ourselves enough. That habit is actually 447 00:21:47,400 --> 00:21:50,360 Speaker 2: going to give you tangible evidence of your capabilities. And 448 00:21:50,640 --> 00:21:53,240 Speaker 2: when that self doubt starts to creep in, you've actually 449 00:21:53,240 --> 00:21:56,840 Speaker 2: got a reminder that you've already proven yourself. Plus this 450 00:21:56,920 --> 00:21:59,240 Speaker 2: intel's going to be invaluable when you're going to ask 451 00:21:59,280 --> 00:22:01,119 Speaker 2: for a race. I've got my list on my phone, 452 00:22:01,320 --> 00:22:05,040 Speaker 2: but I also have a positive feedback folder in my emails, 453 00:22:05,080 --> 00:22:07,919 Speaker 2: and anytime someone sends me some positive feedback or like 454 00:22:07,960 --> 00:22:10,520 Speaker 2: a really nice review, I file it away for later. 455 00:22:10,560 --> 00:22:13,480 Speaker 2: It's cute, it's cute, but it's not just cute. It's powerful. 456 00:22:13,520 --> 00:22:15,600 Speaker 2: Bet it's putting us in a position where you want 457 00:22:15,600 --> 00:22:18,199 Speaker 2: to sit down with me. Boss, here's a suite of 458 00:22:18,240 --> 00:22:20,680 Speaker 2: people saying that I am the greatest ever at my job. 459 00:22:20,880 --> 00:22:22,919 Speaker 2: Just got a seats exactly. I want you to do 460 00:22:22,960 --> 00:22:24,800 Speaker 2: something else. I want you to start thinking like a 461 00:22:24,840 --> 00:22:29,800 Speaker 2: man for a second. Let's seriously ask yourself, what would 462 00:22:30,080 --> 00:22:30,679 Speaker 2: Jason do? 463 00:22:30,800 --> 00:22:31,639 Speaker 3: What would Jason do? 464 00:22:31,800 --> 00:22:35,000 Speaker 2: What would Jason do? Do you think Jason's sweating it 465 00:22:35,040 --> 00:22:39,040 Speaker 2: because he's only hit eighty percent of these KPIs this year? Beck? Nah, No, 466 00:22:39,720 --> 00:22:43,399 Speaker 2: he doesn't care. He's Jason. He probably already is in 467 00:22:43,480 --> 00:22:47,880 Speaker 2: his boss's office confidently talking about his massive impact. Oh, 468 00:22:48,280 --> 00:22:52,680 Speaker 2: the economic situation. Beck's just down, that's why. Yeah, everything 469 00:22:52,840 --> 00:22:54,040 Speaker 2: except themselves. 470 00:22:54,280 --> 00:22:56,679 Speaker 3: Absolutely. He's going to be in the hallway doing a 471 00:22:56,680 --> 00:23:00,359 Speaker 3: fake air golf swing, Yeah, making big Oh my. 472 00:23:00,280 --> 00:23:02,840 Speaker 2: Gosh, the fake air golf swing while they're on the 473 00:23:02,920 --> 00:23:06,440 Speaker 2: phone or something they've got like their phone on loud speaker. Yeah, 474 00:23:06,440 --> 00:23:09,520 Speaker 2: and they're doing fake golf swings. Brokering a deal. That's 475 00:23:09,560 --> 00:23:11,080 Speaker 2: the energy we're bringing to this. 476 00:23:11,320 --> 00:23:12,399 Speaker 3: That's financial advice. 477 00:23:12,480 --> 00:23:15,560 Speaker 2: It's been a huge and studies actually beg show that 478 00:23:15,720 --> 00:23:20,399 Speaker 2: men are far more likely to negotiate their salary without hesitation, 479 00:23:21,119 --> 00:23:24,600 Speaker 2: just because they go I deserve it. Meanwhile, we're here 480 00:23:24,680 --> 00:23:27,080 Speaker 2: sitting back being like, oh, have I done a good job? 481 00:23:27,119 --> 00:23:30,360 Speaker 2: I don't know. I'm got to tick every box. I'm 482 00:23:30,359 --> 00:23:33,000 Speaker 2: just gonna think about this for a little while. My 483 00:23:33,080 --> 00:23:35,320 Speaker 2: boss might be in a bad mood. I probably shouldn't 484 00:23:35,400 --> 00:23:38,119 Speaker 2: shouldn't talk to her today about that. But the reality is, 485 00:23:38,600 --> 00:23:41,280 Speaker 2: you do not need to be perfect to be asking 486 00:23:41,320 --> 00:23:43,680 Speaker 2: for more. So we're gonna channel Jason energy. We're gonna 487 00:23:43,680 --> 00:23:45,480 Speaker 2: be bold, We're gonna be confident. We are going to 488 00:23:45,520 --> 00:23:49,040 Speaker 2: stop waiting for permission. It's not about being pushy. We 489 00:23:49,080 --> 00:23:51,000 Speaker 2: don't want to be pushy, but it's all about knowing 490 00:23:51,000 --> 00:23:52,320 Speaker 2: your worth and then just going for it. 491 00:23:52,400 --> 00:23:52,720 Speaker 3: Yeah. 492 00:23:52,600 --> 00:23:55,960 Speaker 2: Oh, Jason knows he's had a positive contribution. Absolutely, probably 493 00:23:56,640 --> 00:23:58,560 Speaker 2: eighty percent of KPIs He's still going to have a 494 00:23:58,560 --> 00:24:00,440 Speaker 2: good commo with his bosses worth the crack. 495 00:24:00,640 --> 00:24:03,720 Speaker 3: I honestly like just started channeling Jason one nano second ago. 496 00:24:03,720 --> 00:24:04,600 Speaker 3: I'm already feeling really. 497 00:24:04,480 --> 00:24:08,000 Speaker 2: Confident, You're already feeling really compo. You look so much 498 00:24:08,080 --> 00:24:10,960 Speaker 2: like Jason right now. Thank you, Slay. Let's go to 499 00:24:11,000 --> 00:24:12,720 Speaker 2: a really quick break on the flip side. I'm going 500 00:24:12,760 --> 00:24:15,320 Speaker 2: to actually give you some tips and tricks on maybe 501 00:24:15,359 --> 00:24:17,960 Speaker 2: not how to become Jason, but how to ask for 502 00:24:18,000 --> 00:24:20,760 Speaker 2: a raise. It's not just empowering you to feel good 503 00:24:20,800 --> 00:24:23,120 Speaker 2: about it, but like, this is what you are going 504 00:24:23,119 --> 00:24:24,800 Speaker 2: to do. We're going to give you the blueprint. Don't 505 00:24:24,800 --> 00:24:25,360 Speaker 2: go anywhere. 506 00:24:28,960 --> 00:24:31,080 Speaker 3: Okay, we are back everyone, and I have my pen 507 00:24:31,119 --> 00:24:33,000 Speaker 3: and paper ready because I'm going to get myself that raise. 508 00:24:33,160 --> 00:24:36,360 Speaker 2: Victoria, good job, Jason, thank you so much. Good job. 509 00:24:36,800 --> 00:24:37,480 Speaker 2: No worries. 510 00:24:37,520 --> 00:24:38,240 Speaker 3: When should we start? 511 00:24:38,280 --> 00:24:41,159 Speaker 2: All right, So here's the plan. All right. Obviously, walking 512 00:24:41,160 --> 00:24:43,240 Speaker 2: into your boss's office and talking about the cost of 513 00:24:43,280 --> 00:24:45,920 Speaker 2: living crisis. You're going to talk about inflation or how 514 00:24:45,960 --> 00:24:47,840 Speaker 2: you need some more money to buy a house. It's 515 00:24:47,880 --> 00:24:52,880 Speaker 2: actually not the strategy. Your personal situation, not their business. 516 00:24:52,960 --> 00:24:55,720 Speaker 2: You're just going to wipe that off completely. Those reasons, 517 00:24:55,800 --> 00:24:57,639 Speaker 2: I get it. They are valid. We're not trying to 518 00:24:57,680 --> 00:24:59,720 Speaker 2: invalidate you in any way, shape or form, but they're 519 00:24:59,720 --> 00:25:03,040 Speaker 2: person and unfortunately, your boss is going to be focused 520 00:25:03,119 --> 00:25:05,560 Speaker 2: on the business. They don't care about your need to 521 00:25:05,560 --> 00:25:08,840 Speaker 2: purchase house. Good idea, but they don't care. So what 522 00:25:08,880 --> 00:25:11,640 Speaker 2: you need to approach is the conversation with a very 523 00:25:11,800 --> 00:25:13,280 Speaker 2: professional angle. 524 00:25:13,000 --> 00:25:14,480 Speaker 3: Beck, okay, good point. 525 00:25:14,600 --> 00:25:17,320 Speaker 2: Also, it should be illegal to walk into a salary 526 00:25:17,400 --> 00:25:20,920 Speaker 2: negotiation empty handed. You shouldn't just walk in going mm oh, 527 00:25:20,960 --> 00:25:23,600 Speaker 2: have a good chat. Not enough. You need to do 528 00:25:23,640 --> 00:25:27,280 Speaker 2: your homework. Start by researching the market rate for your role. 529 00:25:27,520 --> 00:25:31,520 Speaker 2: Resources like Payscale and Glassdoor are really good for benchmarking. 530 00:25:31,680 --> 00:25:35,600 Speaker 2: My favorite platform though, is the Hayes Salary Guide that 531 00:25:35,680 --> 00:25:38,639 Speaker 2: comes out every single year. You can download it from 532 00:25:38,720 --> 00:25:41,639 Speaker 2: their website. I have been a big advocate of that 533 00:25:41,720 --> 00:25:44,159 Speaker 2: tool for a number of years now because it just 534 00:25:44,200 --> 00:25:47,760 Speaker 2: gives you such insightful data. So, like Beck, you could 535 00:25:47,800 --> 00:25:50,639 Speaker 2: look up video producer, but then it will show you 536 00:25:51,000 --> 00:25:53,639 Speaker 2: what on average a video producer in each state and 537 00:25:53,840 --> 00:25:57,399 Speaker 2: territory earns, what it means to like scale up, like 538 00:25:57,440 --> 00:26:00,399 Speaker 2: if they've got two years experience four six. It's actually 539 00:26:00,640 --> 00:26:05,280 Speaker 2: so helpful for benchmarking for you, but also to take 540 00:26:05,320 --> 00:26:08,160 Speaker 2: to your employer because it's a legitimate piece of research. 541 00:26:08,240 --> 00:26:10,760 Speaker 2: It's not like I saw online that you know, glass 542 00:26:10,800 --> 00:26:15,520 Speaker 2: Door said xyz because often glass Door, whilst fantastic, it 543 00:26:15,560 --> 00:26:18,760 Speaker 2: doesn't give you that deep insightful data has been like 544 00:26:19,640 --> 00:26:21,880 Speaker 2: pulled together for you, and that way you know you're 545 00:26:21,920 --> 00:26:24,840 Speaker 2: not just throwing out a random number like yeah, so 546 00:26:25,240 --> 00:26:27,879 Speaker 2: seventy thousand, that feels good. Yeah, I feel like I 547 00:26:27,920 --> 00:26:30,640 Speaker 2: feel like, no, no, I feel like you are backing 548 00:26:30,920 --> 00:26:35,199 Speaker 2: your question with some solid data. I mean, I do 549 00:26:35,359 --> 00:26:37,439 Speaker 2: like the idea that if I walked in be like, 550 00:26:37,720 --> 00:26:40,439 Speaker 2: so I'm being paid sixty grand, and actually the average 551 00:26:40,440 --> 00:26:43,560 Speaker 2: in this area for all my role is seventy grand, 552 00:26:43,880 --> 00:26:45,680 Speaker 2: so I was thinking we could step it up. I'd 553 00:26:45,720 --> 00:26:49,240 Speaker 2: like sixty five. They're gonna feel real bad saying no, 554 00:26:49,320 --> 00:26:51,360 Speaker 2: because like you've just pointed out that you're being underpain. 555 00:26:52,840 --> 00:26:54,879 Speaker 2: We love that, and you're literally saying I'm willing to 556 00:26:54,880 --> 00:26:57,240 Speaker 2: be underpaid still, but yeah, it'd bit less, and like 557 00:26:57,359 --> 00:26:59,560 Speaker 2: knowing what is fair is actually going to give you 558 00:26:59,600 --> 00:27:02,159 Speaker 2: the common confidence to make a request that's much harder 559 00:27:02,200 --> 00:27:05,040 Speaker 2: to ignore. We're not asking you to go in and 560 00:27:05,080 --> 00:27:08,000 Speaker 2: be super aggressive, but I think when I start to 561 00:27:08,040 --> 00:27:10,679 Speaker 2: empower you with the tools and resources, you feel so 562 00:27:10,720 --> 00:27:12,920 Speaker 2: well supported. So instead of me going bet going to 563 00:27:13,040 --> 00:27:15,360 Speaker 2: Boston say can I have a raise, You're going into 564 00:27:15,440 --> 00:27:17,160 Speaker 2: boss and being like, okay, cool, So I've done some 565 00:27:17,240 --> 00:27:20,119 Speaker 2: research and I just love to chat that through. Like 566 00:27:20,440 --> 00:27:22,639 Speaker 2: you're going to be empowered because you've got substance to 567 00:27:22,720 --> 00:27:24,720 Speaker 2: talk about and we love that. 568 00:27:24,840 --> 00:27:26,679 Speaker 3: Absolutely, go and be like, I don't like the optics 569 00:27:26,680 --> 00:27:28,439 Speaker 3: of this. You are paying me ten k less than 570 00:27:28,480 --> 00:27:30,600 Speaker 3: what you should be paying me discour stin. Okay, so 571 00:27:30,640 --> 00:27:33,439 Speaker 3: this is making sense. So after you've got those market figures, 572 00:27:33,440 --> 00:27:35,480 Speaker 3: what else should I bring with me to really back 573 00:27:35,520 --> 00:27:37,480 Speaker 3: it up? How do I make my boss say, yes, 574 00:27:37,560 --> 00:27:38,800 Speaker 3: we're going to bring the receipts. 575 00:27:39,160 --> 00:27:43,080 Speaker 2: If anybody is making content online and they're accusing someone 576 00:27:43,119 --> 00:27:45,119 Speaker 2: of something, aren't going to need receipts. So you're going 577 00:27:45,200 --> 00:27:47,280 Speaker 2: to do the same thing. We are going to bring 578 00:27:47,320 --> 00:27:49,439 Speaker 2: those receipts. Remember that win journal that I told you 579 00:27:49,480 --> 00:27:51,919 Speaker 2: to keep, that email folder where you're putting on your 580 00:27:51,920 --> 00:27:55,280 Speaker 2: positive commentary with those wins. We are visiting that folder. 581 00:27:55,320 --> 00:27:57,199 Speaker 2: It's time to crack it open. It is time to 582 00:27:57,200 --> 00:27:59,399 Speaker 2: gather all of that value that you have been bringing 583 00:27:59,400 --> 00:28:02,200 Speaker 2: to the table. Whether it's hitting your targets, or maybe 584 00:28:02,200 --> 00:28:05,199 Speaker 2: it's leading a project, or maybe you've smashed your KPIs, 585 00:28:05,560 --> 00:28:08,200 Speaker 2: you need to be walking into that conversation with proof 586 00:28:08,280 --> 00:28:12,439 Speaker 2: of your contributions back and we're going to bring numbers, 587 00:28:12,480 --> 00:28:14,840 Speaker 2: We're going to bring achievements. We're going to bring specific 588 00:28:14,960 --> 00:28:20,160 Speaker 2: examples that make your case undeniable. Okay, and beck bonus 589 00:28:20,160 --> 00:28:22,760 Speaker 2: tip here while I think about it. Don't wait for 590 00:28:22,800 --> 00:28:26,119 Speaker 2: a review time to showcase your wins. Send a like 591 00:28:26,240 --> 00:28:29,359 Speaker 2: little quick brag email to your boss whenever you hit 592 00:28:29,400 --> 00:28:32,440 Speaker 2: a milestone or achieve something significant that week. It's all 593 00:28:32,440 --> 00:28:36,360 Speaker 2: about keeping your value front and center throughout the whole year, 594 00:28:36,600 --> 00:28:38,760 Speaker 2: so that when it's time to talk raisers, they kind 595 00:28:38,760 --> 00:28:41,040 Speaker 2: of already know what you're bringing to the table. I'm 596 00:28:41,040 --> 00:28:43,120 Speaker 2: not saying that your boss doesn't know. They might know, 597 00:28:43,600 --> 00:28:46,000 Speaker 2: but just like celebrate your wins along the way, like 598 00:28:46,040 --> 00:28:47,280 Speaker 2: you don't have to be like by the way, I 599 00:28:47,320 --> 00:28:50,200 Speaker 2: want this on file, but like, oh my gosh, how 600 00:28:50,240 --> 00:28:52,960 Speaker 2: cool I have smashed my budgets. Thank you boss for 601 00:28:53,000 --> 00:28:56,640 Speaker 2: all your support this week. They can't possibly I've absolutely 602 00:28:56,720 --> 00:28:58,360 Speaker 2: smashed it out of the water. I'm so proud of 603 00:28:58,360 --> 00:29:01,760 Speaker 2: myself and just thought I should share your bread crumby 604 00:29:02,080 --> 00:29:03,680 Speaker 2: like we love a bread crumb. 605 00:29:03,400 --> 00:29:06,320 Speaker 3: In this scenario, we love a bread crumb Exactly, I'll 606 00:29:06,360 --> 00:29:09,280 Speaker 3: possibly say after that, exactly, now that I've got all 607 00:29:09,280 --> 00:29:11,320 Speaker 3: my data sordered, I'm ready to go right. 608 00:29:11,360 --> 00:29:14,120 Speaker 2: You're ready to go rush straight through their door. But 609 00:29:14,200 --> 00:29:16,840 Speaker 2: not quite. It's not actually about what you've done in 610 00:29:16,880 --> 00:29:18,920 Speaker 2: the past. It's about what you can bring to the 611 00:29:19,000 --> 00:29:21,560 Speaker 2: table in the future. Because, like, this is going to 612 00:29:21,640 --> 00:29:24,800 Speaker 2: sound really harsh, but if you bring me your job 613 00:29:24,840 --> 00:29:28,040 Speaker 2: description and say, well, I tick all of the boxes 614 00:29:28,160 --> 00:29:32,320 Speaker 2: of what I am doing, I'm very likely to turn 615 00:29:32,360 --> 00:29:34,840 Speaker 2: around and say, well, Beck, that's true, and I'm really 616 00:29:34,880 --> 00:29:38,520 Speaker 2: grateful for that, but I've actually valued the role at 617 00:29:38,840 --> 00:29:41,200 Speaker 2: seventy thousand dollars or whatever it is, and to earn 618 00:29:41,240 --> 00:29:43,120 Speaker 2: that seventy thousand dollars, you actually need to be doing 619 00:29:43,200 --> 00:29:46,040 Speaker 2: all of those tasks as a bare minimum. Like I'm 620 00:29:46,040 --> 00:29:47,840 Speaker 2: not saying you have to go above and beyond, but 621 00:29:47,880 --> 00:29:49,360 Speaker 2: I need to be able to see the potential and 622 00:29:49,400 --> 00:29:51,040 Speaker 2: what you're going to bring as to why I would 623 00:29:51,080 --> 00:29:53,720 Speaker 2: pay you more for a role that in your job 624 00:29:53,760 --> 00:29:57,560 Speaker 2: description might be exactly what it is. Does that make sense? 625 00:29:57,600 --> 00:29:59,640 Speaker 2: So like, if you're saying, well, actually, and using you 626 00:29:59,680 --> 00:30:03,400 Speaker 2: as an example, video production and editing or whatever it is, 627 00:30:03,560 --> 00:30:05,240 Speaker 2: you might go, but I'm doing that, so I should 628 00:30:05,240 --> 00:30:08,280 Speaker 2: get a raise. You go, yeah, you're doing that because 629 00:30:08,320 --> 00:30:10,760 Speaker 2: I'm paying you that seventy thousand dollars to begin with. 630 00:30:11,040 --> 00:30:13,080 Speaker 2: To do that that's what the job is worth. Back, 631 00:30:13,240 --> 00:30:16,000 Speaker 2: I actually need to know about what you can bring 632 00:30:16,040 --> 00:30:18,080 Speaker 2: in the future. So when you're negotiating a raise, I 633 00:30:18,120 --> 00:30:20,040 Speaker 2: don't want you to talk about how good you are. 634 00:30:20,400 --> 00:30:22,520 Speaker 2: I do we're going to bring those past achievements. But 635 00:30:22,560 --> 00:30:25,680 Speaker 2: it's not just about talking about what you've done, but 636 00:30:25,760 --> 00:30:27,840 Speaker 2: also where you're headed in the future. I want you 637 00:30:27,880 --> 00:30:30,600 Speaker 2: to highlight some goals or if you have been going 638 00:30:30,600 --> 00:30:33,440 Speaker 2: above and beyond your job description in your role, You're 639 00:30:33,480 --> 00:30:35,840 Speaker 2: going to bring that information to the table and be like, actually, 640 00:30:35,880 --> 00:30:39,520 Speaker 2: I've been doing a lot more outside of the scope 641 00:30:39,520 --> 00:30:42,680 Speaker 2: of my current role. Employers want to know that investing 642 00:30:42,680 --> 00:30:45,320 Speaker 2: in you right now is going to mean greater returns 643 00:30:45,320 --> 00:30:48,040 Speaker 2: for the company. Laiter down the track, show them that 644 00:30:48,200 --> 00:30:50,800 Speaker 2: giving you a raise isn't just about rewarding the good 645 00:30:50,800 --> 00:30:54,360 Speaker 2: work that you've done historically, but Beck, it's kind of 646 00:30:54,400 --> 00:30:57,280 Speaker 2: about the future potential and what you're bringing to the team. 647 00:30:57,680 --> 00:30:59,960 Speaker 3: Yeah, okay, so it's like you're showing them that you're 648 00:31:00,360 --> 00:31:01,920 Speaker 3: an investment for the future. 649 00:31:02,280 --> 00:31:04,960 Speaker 2: Yeah. Like you want your boss to want to keep 650 00:31:05,040 --> 00:31:09,160 Speaker 2: you above and beyond anybody else because let's hypothetically say 651 00:31:09,280 --> 00:31:11,000 Speaker 2: I want to a braze and I say nope, the 652 00:31:11,080 --> 00:31:14,280 Speaker 2: role's only worth you know that, seventy thousand dollars, So sorry, there, 653 00:31:14,320 --> 00:31:16,840 Speaker 2: can you go off and get a new job, maybe 654 00:31:16,840 --> 00:31:18,760 Speaker 2: as a manager. In my head, I'm like, well, actually, 655 00:31:19,120 --> 00:31:20,920 Speaker 2: that's probably a good thing because I couldn't have given 656 00:31:20,960 --> 00:31:22,960 Speaker 2: her more money, and I'm just going to hire someone 657 00:31:22,960 --> 00:31:25,360 Speaker 2: else to fill that for the same amount of money. 658 00:31:25,360 --> 00:31:27,320 Speaker 2: I don't want to invest more. We've got to give 659 00:31:27,320 --> 00:31:28,600 Speaker 2: them a good reason to do so. 660 00:31:28,600 --> 00:31:30,680 Speaker 3: So this is the thing that's a little bit harder 661 00:31:30,720 --> 00:31:32,720 Speaker 3: to do and something I always have a problem with. Yeah, 662 00:31:32,760 --> 00:31:34,320 Speaker 3: I always tell myself, I'm going to go in there. 663 00:31:34,320 --> 00:31:37,120 Speaker 3: I'm going to use minimal words like sorry, in words 664 00:31:37,160 --> 00:31:39,600 Speaker 3: like you know maybe I feel like you know, things 665 00:31:39,600 --> 00:31:42,480 Speaker 3: like that. So how do we actually like go in there. 666 00:31:42,640 --> 00:31:44,440 Speaker 3: We're trying to not be like social priors. 667 00:31:44,640 --> 00:31:46,360 Speaker 2: Yeah, you are the worst at that eye. Why are 668 00:31:46,400 --> 00:31:47,320 Speaker 2: you apologizing? 669 00:31:47,560 --> 00:31:49,120 Speaker 3: I know, I don't know what did you do? 670 00:31:49,520 --> 00:31:51,360 Speaker 2: Like, why are you saying sorry to me? And I 671 00:31:51,360 --> 00:31:54,520 Speaker 2: feel like we often feel the need to apologize, And 672 00:31:54,560 --> 00:31:58,560 Speaker 2: if you're in that situation, think of Jason. Would Jason 673 00:31:58,600 --> 00:32:02,280 Speaker 2: apologize for being a burden? Probably not. Jason's never apologized 674 00:32:02,280 --> 00:32:04,200 Speaker 2: for being a burden. In fact, it's never even crossed 675 00:32:04,200 --> 00:32:06,960 Speaker 2: his mind that he might be a burden on somebody else. 676 00:32:07,640 --> 00:32:10,480 Speaker 2: Absolutely not like Jason. He goes home and he tells 677 00:32:10,520 --> 00:32:12,960 Speaker 2: his girlfriend stop telling me what to do. You're not 678 00:32:13,040 --> 00:32:15,720 Speaker 2: my mom. You're such a nagger, or you nag me 679 00:32:15,800 --> 00:32:17,440 Speaker 2: all the time. You're not my mom. And then you 680 00:32:17,480 --> 00:32:21,240 Speaker 2: know what he does, He goes, Babe, where are my socks? Yeah, babe, 681 00:32:21,400 --> 00:32:23,120 Speaker 2: what's for dinner? Be Jason? 682 00:32:23,200 --> 00:32:25,120 Speaker 3: Only at work please if possible. 683 00:32:24,800 --> 00:32:27,640 Speaker 2: Babe, have you seen my shirts? Have you ironed them yet? 684 00:32:27,800 --> 00:32:28,080 Speaker 1: Sorry? 685 00:32:28,080 --> 00:32:29,080 Speaker 2: I thought I wasn't your mother. 686 00:32:29,320 --> 00:32:30,840 Speaker 3: I'm your mother one second, I'm not your mother the 687 00:32:30,880 --> 00:32:31,280 Speaker 3: other side. 688 00:32:31,280 --> 00:32:33,719 Speaker 2: Oh, what do you want Jason? Anyway, Jason doesn't know 689 00:32:33,760 --> 00:32:36,320 Speaker 2: he's a burden, and neither do you. Let's just be 690 00:32:36,360 --> 00:32:39,040 Speaker 2: a little bit naive. Apologies actually make it seem like 691 00:32:39,080 --> 00:32:42,200 Speaker 2: you're doing something wrong. So when you're apologizing, I obviously 692 00:32:42,280 --> 00:32:44,120 Speaker 2: love calling stuff like that out because I'm like, beck, 693 00:32:44,160 --> 00:32:48,040 Speaker 2: stop apologizing. You own nobody an apology, but stop doing 694 00:32:48,080 --> 00:32:51,800 Speaker 2: it because it actually makes people think that you're in 695 00:32:51,800 --> 00:32:55,320 Speaker 2: the wrong when really you're just advocating for yourself. Like 696 00:32:55,600 --> 00:32:59,440 Speaker 2: we need to shift apologies to thank you, And it's 697 00:32:59,520 --> 00:33:02,880 Speaker 2: kind of like this mindset shift again, another psychological thing, 698 00:33:03,000 --> 00:33:07,240 Speaker 2: going from saying I'm so sorry I'm late, thank you 699 00:33:07,280 --> 00:33:11,680 Speaker 2: so much for waiting for me. Really small shift in language, 700 00:33:12,360 --> 00:33:16,160 Speaker 2: really powerful outcome that person. Instead of me saying so sorry, Beck, 701 00:33:16,320 --> 00:33:18,560 Speaker 2: when you go, oh no, don't be sorry, thank you 702 00:33:18,600 --> 00:33:22,320 Speaker 2: so much, I go, oh no, worries. Yeah, it's like 703 00:33:22,400 --> 00:33:25,200 Speaker 2: the outcome that I'm trying to drive, thank you so 704 00:33:25,320 --> 00:33:27,000 Speaker 2: much for taking the time to meet with me, not 705 00:33:27,160 --> 00:33:29,880 Speaker 2: I'm sorry, I'm wasting your time here. No, no, no, no, 706 00:33:29,960 --> 00:33:33,440 Speaker 2: thank you. You want to get them in an agreeable 707 00:33:33,520 --> 00:33:36,160 Speaker 2: mood anyway, Yeah, And the best way to do that 708 00:33:36,280 --> 00:33:39,000 Speaker 2: this is from a psychological perspective, having them think that 709 00:33:39,000 --> 00:33:41,600 Speaker 2: they've already done you a favor. Yeah, you've done me 710 00:33:41,600 --> 00:33:45,000 Speaker 2: a favor. Asking for a raise is not just about 711 00:33:45,000 --> 00:33:47,920 Speaker 2: your career growth and it's not something that I'm sorry about. 712 00:33:48,120 --> 00:33:49,840 Speaker 2: I want you to hold your head high, I want 713 00:33:49,840 --> 00:33:51,600 Speaker 2: you to state your case and like, let's just not 714 00:33:51,680 --> 00:33:54,480 Speaker 2: apologize and let's practice it throughout the week. We're not 715 00:33:54,560 --> 00:33:57,440 Speaker 2: just practicing it while we are asking for a pay rise. 716 00:33:57,680 --> 00:34:00,400 Speaker 2: We're thinking about it. We're at the coffee shop, you 717 00:34:00,480 --> 00:34:03,560 Speaker 2: run into somebody, or you do something and you're like, sorry, 718 00:34:03,600 --> 00:34:05,560 Speaker 2: I haven't called Oh, thanks for being patient. I've been 719 00:34:05,560 --> 00:34:09,760 Speaker 2: so busy. It feels kinder to yourself. Makes you feel 720 00:34:10,280 --> 00:34:14,040 Speaker 2: the other person, like I'll apologize if I've done something wrong, 721 00:34:14,239 --> 00:34:17,760 Speaker 2: but like me, having a busy life is not something 722 00:34:17,760 --> 00:34:20,560 Speaker 2: that I'm apologetic for. Yeah, if I haven't called you, 723 00:34:20,680 --> 00:34:23,239 Speaker 2: because you know, we make sorry, Beck, I haven't called you. 724 00:34:23,520 --> 00:34:26,880 Speaker 2: Oh you're like, oh, no worries, Like that's okay. But 725 00:34:26,960 --> 00:34:29,720 Speaker 2: if we reframe it, I go, thanks for being so patient, 726 00:34:29,719 --> 00:34:31,440 Speaker 2: I've been so busy at work. 727 00:34:31,640 --> 00:34:33,000 Speaker 3: Well, I really am a patient person. 728 00:34:33,120 --> 00:34:37,080 Speaker 2: I am a really nice person. And also, there's this theory, 729 00:34:37,200 --> 00:34:38,880 Speaker 2: and we won't get too much into it now, but 730 00:34:38,880 --> 00:34:41,239 Speaker 2: there's this theory that if you can get someone to 731 00:34:41,520 --> 00:34:44,520 Speaker 2: give you two yeses, it's very likely that the third 732 00:34:44,920 --> 00:34:47,799 Speaker 2: answer will be a yes. So if you can get 733 00:34:47,800 --> 00:34:50,960 Speaker 2: them in an agreeable mood, it's psychologically proven that they 734 00:34:50,960 --> 00:34:54,279 Speaker 2: are more likely to be saying yeah, okay. Like, why 735 00:34:54,360 --> 00:34:57,240 Speaker 2: would I stop agreeing with Beck now I've been agreeing 736 00:34:57,239 --> 00:34:58,200 Speaker 2: with her this whole time. 737 00:34:58,280 --> 00:34:59,759 Speaker 3: Sorry to be a realist, but oh my god, I 738 00:34:59,760 --> 00:35:01,440 Speaker 3: just say sorry, and I shouldn't. 739 00:35:01,040 --> 00:35:03,880 Speaker 2: Have, but exactly what, thanks? But I'm a realist V. 740 00:35:04,239 --> 00:35:06,360 Speaker 3: Thanks, but I'm a realist fee And what if they say. 741 00:35:06,200 --> 00:35:08,600 Speaker 2: No exactly, And I mean that can still happen, and 742 00:35:08,640 --> 00:35:11,319 Speaker 2: it's happened to you before it has and maybe there 743 00:35:11,360 --> 00:35:13,560 Speaker 2: is no wiggle room in that budget, as your boss 744 00:35:13,560 --> 00:35:15,920 Speaker 2: said to you one time, And that's actually okay. It 745 00:35:15,920 --> 00:35:19,000 Speaker 2: doesn't mean that the door is closed forever. And this 746 00:35:19,040 --> 00:35:21,000 Speaker 2: is where you go. Oh, I like to call it 747 00:35:21,040 --> 00:35:24,120 Speaker 2: like a lifestyle raise. If a bump isn't possible, maybe 748 00:35:24,120 --> 00:35:26,160 Speaker 2: beck you could ask for like other perks in your 749 00:35:26,200 --> 00:35:29,879 Speaker 2: day to day life, flexible working hours, maybe a little 750 00:35:29,880 --> 00:35:34,680 Speaker 2: bit of annual leave, professional development opportunities, or even like 751 00:35:34,719 --> 00:35:36,880 Speaker 2: a work from home time allowance, like if you're not 752 00:35:36,960 --> 00:35:38,120 Speaker 2: able to do that at the moment. 753 00:35:38,440 --> 00:35:39,440 Speaker 3: Yeah, that's a good call. 754 00:35:39,560 --> 00:35:42,560 Speaker 2: You have just agreed that I am a fantastic employee, 755 00:35:42,640 --> 00:35:44,680 Speaker 2: and you have told me that you don't have any 756 00:35:44,719 --> 00:35:48,560 Speaker 2: wiggle room for salary. Oh that's okay. I've been thinking. 757 00:35:49,760 --> 00:35:52,080 Speaker 2: Given you just agreed that I'm so good at my job, 758 00:35:52,080 --> 00:35:53,520 Speaker 2: could I work from home on Fridays? 759 00:35:55,160 --> 00:35:56,920 Speaker 3: And then it actually would, in a roundabout way, save 760 00:35:56,920 --> 00:35:58,840 Speaker 3: you some money because you're not paying for petrol or Mikey. 761 00:35:58,920 --> 00:36:00,839 Speaker 2: It would be so nice. Maybe you could say, can 762 00:36:00,880 --> 00:36:02,080 Speaker 2: I leave early on a Friday? 763 00:36:02,200 --> 00:36:02,600 Speaker 3: Yeah? 764 00:36:02,640 --> 00:36:05,399 Speaker 2: Like, there are so many things that you could negotiate here, 765 00:36:05,719 --> 00:36:09,080 Speaker 2: and these things can add major value to your lifestyle, 766 00:36:09,120 --> 00:36:11,440 Speaker 2: giving you a heap more freedom and some balance, and 767 00:36:11,520 --> 00:36:13,920 Speaker 2: even if it's not straight cash back. And I wouldn't 768 00:36:13,960 --> 00:36:16,879 Speaker 2: be afraid to negotiate for better work life balance when 769 00:36:16,960 --> 00:36:18,120 Speaker 2: salary isn't an option. 770 00:36:18,200 --> 00:36:19,279 Speaker 3: Yeah, it's a really really good point. 771 00:36:19,360 --> 00:36:21,840 Speaker 2: Yeah, and I think that we're leaving the door open, 772 00:36:22,080 --> 00:36:25,040 Speaker 2: no worries. We'll revisit this conversation at some point, and 773 00:36:25,080 --> 00:36:28,080 Speaker 2: we're not saying no, sorry, like I'm won't ask you again. 774 00:36:28,400 --> 00:36:30,040 Speaker 2: Thanks so much for your time. Maybe we can pick 775 00:36:30,080 --> 00:36:32,680 Speaker 2: this conversation up another time when budgets get settled again. 776 00:36:32,760 --> 00:36:34,960 Speaker 3: That's so cool. Yeah, okay, So these are the notes 777 00:36:34,960 --> 00:36:37,080 Speaker 3: I've taken so far and the summary of our action plan. 778 00:36:37,160 --> 00:36:39,160 Speaker 2: Oh, you've made an action plan. I love this. So 779 00:36:39,360 --> 00:36:40,080 Speaker 2: what is First? 780 00:36:40,320 --> 00:36:43,799 Speaker 3: Do your research yep, Then gather your receipts. Yeah, we're 781 00:36:43,840 --> 00:36:47,239 Speaker 3: going to get receipts, plan your future, pitch yes, and 782 00:36:47,280 --> 00:36:50,439 Speaker 3: be ready with lifestyle raise alternatives. 783 00:36:50,560 --> 00:36:52,840 Speaker 2: Yeah. And imagine if you had this information when you 784 00:36:52,880 --> 00:36:55,600 Speaker 2: negotiated that sounds who said she had no wiggle room 785 00:36:55,920 --> 00:36:59,000 Speaker 2: like you in that moment, like, let's reflect back. She 786 00:36:59,120 --> 00:37:02,160 Speaker 2: was pretty agreeable, wasn't she She was. She was like, yeah, sorry, Becka, 787 00:37:02,200 --> 00:37:03,240 Speaker 2: have no wiggle room. 788 00:37:03,320 --> 00:37:05,520 Speaker 3: If you'd said, all right, well let's talk about work 789 00:37:05,560 --> 00:37:09,719 Speaker 3: from home options. Let's a wiggle, let's wiggle in another room, yep, 790 00:37:09,880 --> 00:37:13,080 Speaker 3: and she will go okay, all right, Becka like where 791 00:37:13,080 --> 00:37:14,760 Speaker 3: this is going, And I think. 792 00:37:14,600 --> 00:37:16,600 Speaker 2: That that's what we want to feel powerful about. No, 793 00:37:16,600 --> 00:37:18,200 Speaker 2: I don't want you to wait, like the end of 794 00:37:18,239 --> 00:37:21,279 Speaker 2: the year is approaching and now is the time to 795 00:37:21,360 --> 00:37:24,080 Speaker 2: have these conversations. Doesn't mean they need to give you 796 00:37:24,120 --> 00:37:26,319 Speaker 2: a raise immediately. That you could plant the seed and 797 00:37:26,320 --> 00:37:29,200 Speaker 2: be like, hey, cool, I was hoping January twenty twenty five, 798 00:37:29,600 --> 00:37:32,800 Speaker 2: I'd be in for a race, like you have worked 799 00:37:32,960 --> 00:37:35,160 Speaker 2: hard all year, and now is the time to make 800 00:37:35,200 --> 00:37:38,080 Speaker 2: sure that you are compensated fairly. Whether it's like a 801 00:37:38,200 --> 00:37:40,880 Speaker 2: raising cash which we love, or it's a boost in 802 00:37:40,920 --> 00:37:44,120 Speaker 2: your lifestyle balance, my friend, you deserve it. And there 803 00:37:44,160 --> 00:37:46,239 Speaker 2: are lots of people in this situation where they might 804 00:37:46,239 --> 00:37:48,399 Speaker 2: be like the top of their band for their job 805 00:37:48,440 --> 00:37:51,400 Speaker 2: and they're like, well, I you know, maybe work in government, 806 00:37:51,440 --> 00:37:55,800 Speaker 2: and I can't earn more. You can negotiate flexibility. Everything 807 00:37:55,840 --> 00:37:57,920 Speaker 2: is up for negotiation, back everything. 808 00:37:58,320 --> 00:38:00,480 Speaker 3: I think it's a really sod place to leave it. Also, 809 00:38:00,760 --> 00:38:03,960 Speaker 3: just remember, go forth, be Jason, be confident. 810 00:38:04,120 --> 00:38:05,640 Speaker 2: What would Jason do? 811 00:38:05,680 --> 00:38:06,400 Speaker 3: What would Jason do? 812 00:38:06,400 --> 00:38:08,880 Speaker 2: Would Jason do? And we obviously want to hear your 813 00:38:08,920 --> 00:38:11,920 Speaker 2: success stories, so let us know how it goes. You 814 00:38:11,960 --> 00:38:14,640 Speaker 2: have absolutely got this. If you need a little bit 815 00:38:14,640 --> 00:38:17,640 Speaker 2: more validation, jump on over to our Facebook group, because 816 00:38:17,760 --> 00:38:20,759 Speaker 2: I am in there every single day checking up on 817 00:38:20,800 --> 00:38:22,800 Speaker 2: you guys, making sure that you've got the right answers, 818 00:38:22,920 --> 00:38:25,279 Speaker 2: making sure that you're not saying sorry, making sure that 819 00:38:25,280 --> 00:38:28,320 Speaker 2: you're saying thank you so much for being patient instead 820 00:38:28,360 --> 00:38:32,040 Speaker 2: of oh sorry I was late. Absolutely not, Gosh, she's good. 821 00:38:32,120 --> 00:38:34,040 Speaker 2: We all deserve to get paid what we are worth, 822 00:38:34,160 --> 00:38:35,840 Speaker 2: and that's why you're in this community. 823 00:38:35,880 --> 00:38:37,759 Speaker 3: Is absolutely I'm going to go book my meeting right 824 00:38:37,800 --> 00:38:38,399 Speaker 3: now with my boss. 825 00:38:38,480 --> 00:38:38,759 Speaker 2: All right? 826 00:38:38,880 --> 00:38:39,080 Speaker 3: True? 827 00:38:39,160 --> 00:38:40,600 Speaker 2: Is that me far? All right? Let's go. 828 00:38:47,280 --> 00:38:49,800 Speaker 4: The advice shared on She's on the Money is general 829 00:38:49,880 --> 00:38:51,040 Speaker 4: in nature and does not. 830 00:38:51,120 --> 00:38:55,360 Speaker 2: Consider your individual circumstances. She's on the Money exists purely 831 00:38:55,400 --> 00:38:58,319 Speaker 2: for educational purposes and should not be relied upon to 832 00:38:58,360 --> 00:39:01,279 Speaker 2: make an investment or financial day decision. If you do 833 00:39:01,440 --> 00:39:03,279 Speaker 2: choose to buy a financial product. 834 00:39:03,080 --> 00:39:06,680 Speaker 4: Read the PDS TMD and obtain appropriate financial. 835 00:39:06,200 --> 00:39:08,000 Speaker 2: Advice tailored towards your needs. 836 00:39:08,360 --> 00:39:12,320 Speaker 4: Victoria Divine and She's on the Money are authorized representatives 837 00:39:12,360 --> 00:39:14,920 Speaker 4: of Money sherper P t y lt D A b 838 00:39:15,080 --> 00:39:18,120 Speaker 4: N three two one six four nine two seven seven 839 00:39:18,239 --> 00:39:21,719 Speaker 4: zero eight AFS L four five one two eight nine