Gaurav Sen's video: 8 Rules for Offer Negotiations by Gaurav Sen

Gaurav Sen discusses negotiation principles that can be used when negotiating a job offer or contract. One way to define negotiation aims would be to increase the offered price, while the employer tries to lower it. A better way would be to look at negotiations as a win-win collaborative exercise. Here, both parties work to derive maximum value from the transaction. Preparing alternatives for negotiation, such as multiple offer letters, or understanding the market standard, are key to improving your position in a negotiation. 00:00 Intro 00:20 Agenda 00:45 Example Offer 02:20 Conflict to Collaboration 03:20 1. Prepare alternatives 04:39 2. Market Research 05:33 3. Don't negotiate for them 06:55 4. Worthwhile Intangibles 07:42 5. Increasing your value 08:53 6. Insurance/Variable Pay 11:24 7. Don't buy dreams 12:46 8. Fairness from your side 14:09 The 8 rules for offer negotiation 15:07 Actual Incident as Example 16:54 Takeaways InterviewReady: https://interviewready.io/ System Design Book: https://amzn.to/3SyNAOy Working Backwards: https://amzn.to/3YzAPpj Hit Refresh: https://amzn.to/3ZvJqdZ Software Engineering at Google: https://amzn.to/3L8eHiQ You can follow me on: Github: https://github.com/InterviewReady/system-design-resources Instagram: https://www.instagram.com/interviewready_/ LinkedIn: https://www.linkedin.com/company/interview-ready/ Twitter: https://twitter.com/gkcs_