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Career

ESOP

An ESOP is an employee benefit plan that enables employees to own part or all of the company they work for. ESOPs are most commonly used to facilitate succession planning, allowing a company owner to sell his or her. shares and transition flexibly out of the business.

Common Salary Negotiation Mistakes

  1. Not negotiating
    • Everyone expects you to negotiate
  2. Skipping research
    • Know what the market is paying for your position.
  3. Fear of losing offer
    • Having a backup plan will allow you to negotiate fearlessly. Most common backup plan is to hove another offer
  4. Not practicing
    • Practice starting a conversation, setting the context, common questions and also importantly when to shut up.

Work Chronicles | Common Salary Negotiation Mistakes

Career Moat

A career moat is an individual’s ability to maintain competitive advantages over your competition (say, in the job market) in order to protect your long term prospects, your employability, and your ability to generate sufficient financial returns to support the life you want to live. Just like a medieval castle, the moat serves to protect those inside the fortress and their riches from outsiders.
Career Moats 101 - Commoncog

Books

Quotes

  • pluralistic ignorance, people are inwardly believing one thing and outwardly doing something else. If you inject a truth serum into a lot of these people I think they would tell you, ‘I’d love to work 30 percent less; I just thought everyone else around me wanted to work more.’ And this in many ways is how religions start. — Derek Thompson

References