Negotiation
An employer offers an employee a 5% monthly salary increase if they agree to work 2 extra hours to their 8 hours daily. Should the employee accept?
No. You're working 25% more hours but only earning 5% more.
A pandemic just hit the store. How likely are you to lose your job as a cashier?
Very likely (social distancing)
A 40 year old experienced man and a 22 year old newbie man work at the same corporate company and the same job. Who gets paid more?
The 40 year old because he has more experience.
Employee A can lift up to 100 pounds and knows how to manage a cash register. Employee B knows how to drive. They both work in a retail store. Which employee is "better"?
Employee A because of the versatility.
What's more expensive: living in California, or living in Mississippi?
California by aprox $1400 more.
An employee requests a raise saying that they have been in the company for 20 years and never got one. The employer checks their background and finds they have a 250 credit score. Should the employee receive the raise?
Yes. Credit score is not relevant, and they've been working for two decades without a single raise.
A hurricane just hit the city. How likely are you to lose your job as a plumber?
Not likely (you'll just have more work to do)
A 57 year old man and a 25 year old man work at the same company and job as stockers. Who gets paid more?
The 25 year old because he has more energy and strength.
Employee A can do quick math and writing. Employee B is a great negotiator. Both work in corporate. Which employee is "better"?
Neither. Both are valuable.
What's more expensive: living in South Carolina, or living in Florida?
Florida by aprox $1000 more.
An employer offers an employee 2 weeks of paid vacations annually if they accept to work unpaid 2 hours of overtime for a month. Should the employee accept?
No. It's not fair and the compensation is not enough, and you're basically working for free.
A flood just hit the city and every street is a river. How likely are you to lose your job as a delivery driver?
Very likely (you won't be able to drive)
A 21 year old woman works as a trending influencer. A 30 year old woman works as a seller. Who has a more stable future?
The 30 year old because popularity dies off.
What are soft skills?
Communication, teamwork, and problem-solving.
What's more expensive: living in Texas, or living in New Mexico?
Texas by aprox $300 more.
An employee requests a raise saying they have a baby on the way and soon their salary won't be enough. The employer checks their background and finds they have a pending loan of $10,000, and their wife doesn't have a job. Should the employee receive the raise?
No, because personal reasons are not related to work efficiency. However, if they provide more for the company, then it will be considered.
A forest fire just hit. How likely are you to lose your job as a researcher?
Not likely (you're a researcher, not a botanist)
A woman went to college and got a degree. A man has a high school degree. Both work at the same company in different positions. Who earns more?
The woman because education is more valuable.
How do skills influence a person's earnings?
People with a higher or specialized skill often earn more because they are in greater demand.
Higher skills usually lead to higher earnings.
What's more expensive: living in Nebraska, or living in Iowa?
Nebraska by aprox $200 more.
An employer offers an employee a better position in the company where they get paid 30% more than their previous salary, and work less time. However, the employee is lacking half of the skills necessary. They need the money but their job would be at risk. Should the employee accept?
No. It's way too risky, unless you're a fast learner.
A tornado just hit your building and it fell. How likely are you to lose your job as an architect?
Likely (you designed the structure to not fail, yet it did)
A 58 year old doctor with 35 years of experience. A 62 year old surgeon with 5 years of experience. They work at the same hospital in Florida. Who earns more annually?
The surgeon because of the position.
Can soft skills like communication affect how much someone earns?
What's more expensive: living in North Dakota, or living in Oregon?
Oregon by aprox $100 more.