Salary (re)Negotiation: Treat It Like a Network Cable Contract
Phoenix Normand
CEO @ Candor Camp + bEAst. Truth warrior. Author of "AS I SEE IT, Business, Vol.1" 2025 release: "AS I SEE IT...NOW! Vol. 2"
If you’re an Executive Assistant, chances are you’re not negotiating your salary as often or as effectively as you should. And no, this isn’t a guilt trip; it’s a wake-up call. Whether you’ve been in the role for two years or twenty, most EAs aren’t advocating for themselves enough—especially when it comes to compensation. So let me break it down for you in a way that makes sense: renegotiating your salary is like renegotiating a network cable contract.
I'll explain.
Every time you add a new channel to your cable package, the old contract becomes void. You’re sent a new contract with updated services, and guess what? It costs more. Why? Because you’re adding value. The same should apply when your executive adds responsibilities to your plate. New roles, new tasks, new expectations—your old contract no longer reflects your job. It’s time for a renegotiation.
Why EAs Don’t Negotiate Enough
Facts: only 34% of women negotiate their salary during the hiring process, compared to 46% of men. And as an EA, you’re likely not renegotiating even when your responsibilities change dramatically. Many EAs stay stuck in the mindset that they’re there to assist, not realizing they’re often running entire departments (often lives) while still getting paid like they’re just booking flights and "doing the calendar."
If you’re waiting for your exec to offer you a raise, stop. They won’t. No one’s coming to rescue you from your paycheck. You have to speak up and show them why your value has increased—because they've added new channels, and it’s time they paid for them.
Here’s How You Do It:
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Statistics to Back You Up:
It's OK to Demand What You Deserve
Executives aren’t mind readers nor are they out to screw you out of money. If you want a raise, you need to ask for it, and you need to treat it like any other service agreement. When the terms change, so does the price. Simple as that. If you’re taking on more responsibilities, your old contract is void. It’s time for a new one that reflects the value you’re bringing.
As EAs, you need to stop accepting the outdated mindset that you're just “the help” and shoudn't "rock the boat" and start recognizing that you're an integral part of the success of execs and their companies. You have the power (read: responsibility) to negotiate. You just need to believe it—and then act on it. I think you'd be surprised to find that it's easier than you think and rather effective when done confidently and with preparation.
Feel free to share this with every EA you know who’s underpaid and overworked. It’s time to change the game. Start negotiating like your career depends on it—because it does.
Executive Assistant specializing in optimizing executive productivity, event coordination and mentorship
1 个月Why do candidates struggle to not realize their worth and advocate for negotiating the very best possible outcome? It makes no sense to me. You really must ask yourself those important questions: what are my strengths; where can I improve; where do I want to go in my future and how much am I worth as a commodity? You have got to level up on these topics.
Executive Assistant Business Partner and Project Manager | Strategic Problem-Solver | Passionate Coach & Mentor | Elevating #ExecutiveAssistants and #Leadership | Transforming Challenges into Solutions | #EmpowerMeNOT
2 个月Your presence, perspective, and courage in sparking these crucial discussions are truly needed! I completely agree that EAs often leave significant money, benefits, and perks on the table by not negotiating. Recently, I spoke with two amazing women who were wrapping up their deals. I provided insights and strategies, hoping to empower them to negotiate confidently. Yet, in the end, neither negotiated. I was stunned because it seemed like the perfect opportunity to secure greater value for themselves. This highlights a real need for a negotiation bootcamp tailored specifically for our profession. Thank you for raising these essential issues and paving the way for much-needed conversations!