Latest / Chef's PSA Podcast / How to Negotiate Your Money! Ep. 35
Transcript
- 0:00Hello chefs, you're listening to chefs PS a podcast, I'm your
- 0:02host Andhra Tara on today's episode we're going to talk
- 0:05salary, negotiation and some strategies that you could do to
- 0:09make sure that you're getting the most amount of money that
- 0:11you could get for yourself. So stay tuned.
- 0:26So first, let's get into a small update boy.
- 0:30I wish I could tell you what, I've been up to this week, but
- 0:32I've been up to a lot. And unfortunately, a lot of it
- 0:35is secret projects that I cannot update you on.
- 0:38So, unfortunately, the things that have kept me occupied this
- 0:43week, I'm not allowed to speak about, but I did update the the
- 0:47way, the chef's PSAs look on Instagram.
- 0:51So, I changed up the font a little bit.
- 0:53I added a little graphic on there.
- 0:55I only did it because I get bored of looking at the same
- 0:57shit every day. I'm sure you guys understand
- 0:59like you do the same thing over. It's like okay, I don't like how
- 1:02this looks. I let me just update it rapid
- 1:03prototype. Make it look different.
- 1:06So I know some of you have bested me and say, go back to
- 1:08the old format. We like the old font better and
- 1:11other people have messaged me and said, I like the new format.
- 1:14It's great. And so I was on the fence
- 1:16because people that I really respect have said, they don't
- 1:19like it and people I really respect have told me.
- 1:21They do like it. So I'm going to keep it for now.
- 1:23Maybe I'll get Used to it, and I'll start to like it.
- 1:27I'm not 100% sold on it. I'm not saying I won't go back
- 1:29to the old to look, but I kind of like the new look.
- 1:32It's like the old Coke versus New Coke.
- 1:35If anyone remembers that anyway, I'm keeping it for now on
- 1:40Twitter. The other day, which by the way,
- 1:42I keep telling people chefs need to get on Twitter Twitter's
- 1:45where it's at. There's a lot more fun and
- 1:46action on Twitter than there is on Tick, Tock or Instagram,
- 1:50really. I mean it's a g fun to Instagram
- 1:52is like my second favorite, but Twitter is my primary Resource
- 1:56of online social entertainment just because everyone's arguing
- 2:00back and forth, it's like it's like making delicious s'mores
- 2:04over a dumpster fire. That's what Twitter's like.
- 2:07But anyway on Twitter the other day I put the 50 most important
- 2:10chefs PSA. So like everyone always ask me
- 2:12like what are the most important?
- 2:13So I kind of went through a mall, you know, the past year of
- 2:16PSAs and I was like, okay, which ones are the most important ones
- 2:18that if I had to give you you know, 50 without the commentary
- 2:23just like short bullet points like learn how to use.
- 2:25Instead of Algin it's like what or NaCl right for people that
- 2:30people that couldn't figure out what NaCl is that salt.
- 2:35Anyway, so I put the 50 most important chefs PSAs, on
- 2:39Twitter, you should go read that thread because because it is
- 2:41very good. I do get a lot of DMS and
- 2:43questions on, you know, what do I think about this and what do I
- 2:46think about that? Or how should I handle this
- 2:47situation? A lot of the questions are the
- 2:50same ones that I get often. So I feel like I find myself on
- 2:53repeat sometimes saying the same things over and And over again.
- 2:56So, this was a good opportunity for me to say, hey, look, these
- 2:58are the 50 most important things if you're new in the kitchen, or
- 3:00if you just work in a kitchen, these are the 50 most important
- 3:03things that I would tell someone like do this.
- 3:06It's like what's the movie with Will Ferrell where he goes into
- 3:09prison and he has to get coached hon on, you know how to behave
- 3:14in prison. So like if someone was coaching
- 3:15you like, hey, you're about to do this.
- 3:17This what you need to know, like these are the rules that apply
- 3:19in most kitchens. Now the other day, someone said
- 3:23to me what did they say anyway well I'm paraphrasing what they
- 3:26said but they said they feel like a lot of the chefs PSAs are
- 3:29designed for the chef and not necessarily for the cook
- 3:34something like that, but that's false.
- 3:37So the chef's PSAs are designed and I thought about this the
- 3:40other day, the chef's PSAs are designed to help you out because
- 3:44they provide a standard for about the 80% rule.
- 3:49The PSA should cover about 80% of all kitchens that you work
- 3:52in, but that doesn't mean that it applies in all kitchen.
- 3:56So, if the PSA applies for you and your kitchen great, use it,
- 4:00if it doesn't apply for your kitchen, great, don't use it or
- 4:03maybe use it. If it's a good habit that you
- 4:05could get into and initially when I started chefs PSA.
- 4:09So let's go back. Let's rewind about a year and a
- 4:12half because initially, I started shows PSA on my personal
- 4:16Instagram and it was a way for me to Give messages for my cooks
- 4:20and chefs that follow me and my echo chamber of Chef friends
- 4:24that I know. And the initial chefs PSA was
- 4:26like, okay, this all makes sense to us but it doesn't always make
- 4:29sense to every single kitchen out there.
- 4:32And the reason I say that's important is because something
- 4:34that I thought about recently is as my audience has grown and I
- 4:39interact with a lot of different chefs from all types of
- 4:42restaurants and this is really amazing and fun for me.
- 4:46I actually I enjoy interacting with Chef Learning from the
- 4:49people that I interact with about kitchen culture, almost as
- 4:53much as maybe they're learning for me.
- 4:55Because I'm maybe kitchens types of kitchens that I didn't work
- 4:58in people message me and ask me questions, what do you think
- 5:00about being a private Chef? For example, I was like, well, I
- 5:04can't comment on it. I've never been a private Chef,
- 5:06I just found out I'm like the number one Chef podcast in the
- 5:11Philippines I think and also in maybe Qatar I thought was pretty
- 5:15cool. That's like why the Philippines
- 5:17have, why Qatar? And it's like, oh, I know why?
- 5:20Because I've had a lot of employees in the past that have
- 5:22come from the Philippines and Qatar.
- 5:23So it must have, they must have started listening to it, or
- 5:26whatever. But anyways, I think about the
- 5:27impact that Chef PSA is making. I'm a lot more cautious on the
- 5:31things that I say. Because I know if I say it, Some
- 5:37people take it as literal and there, I don't want people going
- 5:39up to their chef and say well chefs PSA said this and it's
- 5:42like than their chefs dming Mesa.
- 5:44Did you say this to my cook? Did you tell did you tell them?
- 5:47They had to fold their towels? We don't use towels in this
- 5:49kitchen. How dare you?
- 5:51Anyway, It's something that I think about often it's like I
- 5:55realized that some of these PSAs.
- 5:57I got to be a little bit more careful where the early days I
- 6:00was much more Reckless with what I was saying.
- 6:03I was like, yeah, this is the way and if you don't like it
- 6:05don't work in this kitchen. But anyway now it's like oh
- 6:08yeah, that that's not how that works.
- 6:10In your kitchen, got it? That makes sense.
- 6:12Anyway, we digress. Let's talk about how to get paid
- 6:16and I should say this, I do get a lot of DM's about, you know,
- 6:20have negotiating salary for this.
- 6:22I wrote a chapter in it, I wrote a chapter about it in my book,
- 6:26culinary leadership fundamentals, there's a chapter
- 6:28on negotiation and salary negotiation and strategies that
- 6:31you could do. But let's just pretend for the
- 6:34sake of this episode that you came to me and we're asking me
- 6:38for advice on how to get more money as a cook or how to get
- 6:41more money as a chef, right? So So, from two different
- 6:43perspectives. Now, shout out to Cleaver and
- 6:46Blade the other day. If you're not following that
- 6:49count, by the way, you should post some hilarious things.
- 6:54Anyway, I think that account is funny.
- 6:56But anyway, shout out to Cleburne Blade the other day.
- 6:58He posted something about how to earn more money in the kitchen
- 7:02and, you know, the equation of started as a cook.
- 7:05You should be making. When I don't remember what he
- 7:08said, maybe your, you should be able to pay your rent with with
- 7:12A week's paycheck or with, you know, you're getting paid.
- 7:15Maybe it was half your paycheck, I don't remember what he said.
- 7:16But anyway, got into this big debate and he tagged me in it to
- 7:20comment. Now, I do get questions a lot
- 7:23about salary and and people ask me, you know, should I say they
- 7:27want me to speak on, you know, the wage disparity between this
- 7:31that and the other and I have been reluctant to touch on the
- 7:35subject. And I'll tell you all, why I'm
- 7:37reluctant to touch on this subject is because it's not as
- 7:41easy as people. People say it is like just pay
- 7:44everyone more money and that solves all the problems.
- 7:48Because if it was that easy, I would come out and say, yeah,
- 7:50just just pay everyone more money, their issue, salt.
- 7:53And the reason I don't speak about it because I don't like to
- 7:55talk about things that I don't have, I don't have an
- 7:59understanding on, it's like a Rubik's Cube and I'm keep
- 8:01playing with it. And it's like, okay, you're
- 8:03asking me how to solve the Rubik's Cube but I haven't
- 8:04solved it myself. So how am I going to teach you
- 8:07how to solve it? I don't know.
- 8:09I don't know. And it's the conversation when
- 8:11it comes to Wages in restaurants.
- 8:14Yes it's an issue and I'm not oblivious to the fact that that
- 8:18it's an issue and I'm not oblivious to the fact that we
- 8:20have a lot of issues from you know inflation to currency
- 8:24debasement. There's a there's a lot going on
- 8:28and people need to make more money, right?
- 8:30Cost of living is going up, etcetera, Etc.
- 8:34But how do we fix the issue? I don't know.
- 8:36I really don't know and I think I'm frustrated sometimes with it
- 8:39because I'm not sure if I could speak on it.
- 8:41I don't know if I have a good answer.
- 8:43So anyway, that was a long rant and we haven't even started
- 8:46talking about negotiating, your salary.
- 8:49So let's start from the perspective of some general
- 8:53things. When you go and apply for a job,
- 8:56I think my strategy is I always ask for more money than I really
- 9:01want. That is because they're going to
- 9:03talk you down. So let's just say, I'm going in
- 9:07and I want $25 an hour, right? That's what I want.
- 9:10I might go into any twenty seven dollars an hour or let's say I
- 9:14want a certain salary of X. Well, I'm going to go in and ask
- 9:19for anywhere from 15 to 20 percent.
- 9:21More than what my salary is. Because a lot of places you're
- 9:25going to say that's a little too much and they're going to try
- 9:27and talk you down and when they talk you down, hopefully that'll
- 9:31get you closer to what your Real number is Right.
- 9:35Another thing that I do is I try to get very specific with the
- 9:39number. So let's just say we're talking
- 9:41salary and let's just say I want to Chef salary and I go up and I
- 9:45say, I want applying for a sous chef job.
- 9:48I want fifty five thousand seven hundred dollars in 63 cents,
- 9:53right? So if I, when you're that
- 9:55specific on the number and you go in and say, I need this test
- 9:58with 63 sensors and $72, this is a negotiation tactic that I
- 10:03learned from reading the book and taking a class from Chris
- 10:06Voss, who wrote the book, never split the difference, and he
- 10:09talks about this. That when you are that specific
- 10:12on your salary request, it indicates to the person
- 10:17interviewing you that you've done your homework and that that
- 10:20number is almost non negotiable. So I've used this tactic in the
- 10:24past and I've gotten more than that number, but never less.
- 10:29Now I haven't used it a ton of times because it wasn't changing
- 10:32jobs all the time. But the few times that I have
- 10:34used it, I've gotten that exact number or more.
- 10:38And so I could say that it's worked and I could see why it
- 10:40works. And if there's a whole book
- 10:42written about using that tactic, I would imagine that it works.
- 10:45So being very specific on the number that you're asking for is
- 10:48a good thing. The other thing I do is I ask
- 10:50for more than what I want. So again let's say I'm
- 10:54negotiating a chef job, I might say give me a monthly dining out
- 10:57stipend so I could go eat at other restaurants.
- 11:00I want a bonus based on these metrics what my own parking
- 11:03spot, maybe two other things right?
- 11:06So I'll go in and I'll negotiate at these five.
- 11:08Now the real thing I own, let's just say the real thing I want
- 11:11is I want a bonus, right? I could care less about the
- 11:14other things. The reason I'll ask for for more
- 11:18items or three, more items than what I really want is that when
- 11:22they come back and say, that's a little bit unreasonable, we
- 11:25can't do all of that. Then you can say, okay, take
- 11:27these two off, right? And now they're gonna say, oh
- 11:30this, this gentleman's were lady is very reasonable, and let's
- 11:35give you what you want, right? You You seem like a reasonable
- 11:39person, that's willing to negotiate.
- 11:40And now they feel like, ah, I got one over on him.
- 11:43He wanted all this. But I only gave him that bit in
- 11:45the end. You're actually the one that
- 11:47one, right? So those are a couple of things
- 11:50that I do when I'm negotiating salary.
- 11:52Something else. I want to talk about is the
- 11:54promises that can be made up front.
- 11:57Like oh, in will give you more money.
- 11:59Let's hire you at this rate and then you prove yourself and then
- 12:02we'll give you more money on this date.
- 12:04I would say be careful with that.
- 12:06I've seen it go sideways. A lot of Of times where that
- 12:08more money never comes in.they, the promises of more money later
- 12:12don't always come through. If they could pay you more money
- 12:14later they could pay you more money.
- 12:16Now, the way I look at it, a lot of places will say, will give
- 12:18you a raise in 90 days. I'll say, well, give me this now
- 12:21and then in 90 days, give me more right?
- 12:24When you accept a job and a lot of places you have to understand
- 12:29that the reality is you might be stuck with that salary for a
- 12:32year. So do not accept the job.
- 12:34If you're not happy with a salary, it's not fair to you and
- 12:36it's not fair to the person that Are you right?
- 12:39If you've made an agreement with the person that's hiring you and
- 12:41you say, hey, I'll accept twenty dollars an hour for this
- 12:45position and then you start in two weeks later and you say,
- 12:47actually, I need 22. It's like, well, why didn't you
- 12:50say that up front? Right?
- 12:52Maybe I would have given you the 22.
- 12:53But for those of you that have never been in the position, if
- 12:56you're working in a corporation, right?
- 12:58It's not so easy to just go and say I need I need to give them a
- 13:00two dollar raised, right? The negotiation needs to happen
- 13:03up front because sometimes when you're working in a more
- 13:05structured corporate environment There's checks and balances and
- 13:09it could get vetoed one or two levels above the person that
- 13:12you're asking. And they don't care, they don't
- 13:15work with you, they don't know you.
- 13:16And it's much easier for them to say, no, because they're not
- 13:19impacted by their answer. So it's important that you ask
- 13:22for everything up front and also think about it like you.
- 13:25Hire someone you've had the opportunity to negotiate up
- 13:28front, you start working and then two weeks later you come
- 13:30and you say, well, you want more money that's frustrating for the
- 13:33person that hired you as well, right?
- 13:36Be upfront with what you Want and then in the negotiation
- 13:39phase, but like I said, ask for everything you want and that's
- 13:42the time to get it if they could.
- 13:44Like I said, Thank you, give you more money later.
- 13:45They can give you more money now.
- 13:47Be cautious of the more money later thing, because I've seen
- 13:50many times it doesn't come through.
- 13:51Now, if you're negotiating a chef position and they're
- 13:53talking bonuses, Etc. Make sure you get that in
- 13:56writing and make sure you check with those bonuses are, and make
- 13:59sure that they are achievable. I've seen many places, I've been
- 14:02a chef of places where they say, you'll get a bonus.
- 14:04If you hit all these metrics and I'm like, yeah, that sounds
- 14:07great. But the reality was like, I
- 14:08never got a bonus because those kpis, we're never achievable.
- 14:13I could never, I could never get them there.
- 14:16Were there were so far out of reach that I was never able to
- 14:18achieve them? So I was never able to get that
- 14:20bonus. So you want to make sure like
- 14:22okay what is the bonus based on these metrics?
- 14:26Great. Can I see the numbers and how
- 14:28often these bonuses are achieved?
- 14:30Because then it's like OK, they're dangling.
- 14:32A big carrot in front of you like oh we're going to give you
- 14:3420 to 30 percent bonus but you'll never get it.
- 14:37So it's like Even talk about it because they've moved the
- 14:40goalposts so far that you'll never be able to achieve that
- 14:44with the within reason. So keep that in mind, ask up
- 14:47front to see that. Make sure you get it in writing,
- 14:49same thing when it comes to. Like they're going to give you
- 14:51ownership, they're going to give you partnership all that.
- 14:53Make sure you have it in, writing everything that you that
- 14:57you negotiate, make sure that you get it up front.
- 15:00Like I said before, you accept the job, that is the time to
- 15:04negotiate your chances of getting it during the
- 15:06negotiation phase. Are significantly higher than
- 15:10they are. Once you're in the building,
- 15:12once you're in the building, it's more difficult, much more
- 15:15difficult. And I would say, I think when
- 15:18you're in the building, you probably have a 20% shot of
- 15:21getting what you want, versus an 80% shot at, getting it when
- 15:25you're in the pre-negotiation phase.
- 15:27And I'm speaking from experience because I've had to deal with
- 15:31negotiation for many many years. As as an executive, chef has a
- 15:35regional Chef as a An owner at cetera.
- 15:38So keep that in mind. Now let's talk about some
- 15:42strategy if you're in the building.
- 15:44So let's just say you're a cook, when you go in and, you know,
- 15:47you've proven your time and you're ready to move up and, you
- 15:50know, you're not getting enough money.
- 15:51I think the right thing to do is to go speak to the person that
- 15:54makes the decision. So let's just say, this is your
- 15:56cook, let's say you need to go speak to the chef.
- 15:58So you'd say, Chef, how am I doing?
- 16:01And they're going to tell you how you're doing.
- 16:02And then you're going to say I have a lot of passion and desire
- 16:06to move up into the next position.
- 16:07Ian what, you know, can I move into the next position?
- 16:11I need to make more money etcetera cost-of-living
- 16:13adjustments. Paint the picture, explain to
- 16:16them. Why you want to go there?
- 16:18But the worst thing you could do is say if you, if you if you
- 16:20don't give me more money, I'm going to quit like that is the
- 16:23worst thing you could do is if say if you don't pay me, I'm
- 16:25out. Because if you come at someone
- 16:29combative they're going to come back at you.
- 16:31Combative like how many times does blown up in people's faces?
- 16:34Say if you don't give me more money, I'm going to quit in this
- 16:36a fine quit, right? Right.
- 16:38Like that's that might they might not always say that but I
- 16:41guarantee you that's the first thought going through their head
- 16:43is like Give me more money or I quit will fuck you quit quit
- 16:47them. Like that's going to be most
- 16:49people's natural reaction so I think that's a bad strategy to
- 16:52go in and say if you don't give me more money, I'm going to
- 16:54quit. I think the right strategy is to
- 16:55go in and say these are some things that I have in my
- 16:57lifestyle that I need to start making more money.
- 17:00And I'm hoping that we could work together because I really
- 17:02enjoy working here and I don't want to have to get a second job
- 17:05or think about leaving. Because I really feel like this
- 17:08is family, etc, etc. And they're going to say, okay,
- 17:11well, here are the things that you need to do to get to the
- 17:15next job. They're going to when they say
- 17:17this, by the way, this one you take out your handy chefs, PSA
- 17:21recipe journal or notebook and you and a pen and you start
- 17:24writing down what they tell you. So they say you need to do this,
- 17:27you need to do that. You need to do the other right
- 17:28at all. Down everything that they tell
- 17:30you that you need to do to improve to get more money.
- 17:32Make sure you write it down and then you do it.
- 17:34And the reason I say write it down is because if they see you
- 17:37writing it down, it puts a little bit of urgency on their
- 17:40part. Then they know is like okay.
- 17:41Oh shit, I gotta They're writing it down.
- 17:44I actually have to keep my word. So now when you go back to them
- 17:47and you say, Okay based on our conversation you said I needed
- 17:50to do XY and z and then they're going to say yes, did you do it?
- 17:56Yes, I've done x, y, and z. Now, can we talk about more
- 17:59money? Now you've demonstrated
- 18:01responsibility and at this point they have, they have an option
- 18:04as they could dangle another carrot and say, well, do this
- 18:06that and the other, or they're going to give you the money now,
- 18:09if they do dangle, the carrot and say, do the next XYZ, Then
- 18:13you know, it's probably time to start looking your never going
- 18:15to get the money like at a certain point, you have to
- 18:18realize. Okay, hmm, I'm probably not
- 18:20going to get the money. So, those are the things that I
- 18:23would say is number one. If you want more money, make
- 18:25sure you approach it in a respectful way, not in a
- 18:27combative way. And when they give you feedback
- 18:30on what you need to do to improve, make sure you do that
- 18:32right now, as I said, go in and ask for more than you really
- 18:36need. Because if you go in and say, I
- 18:38need a five-dollar raise, they might say, the best I could do
- 18:40is 250, right? So go in and ask for a ten
- 18:42dollar race and they might come in and say the best I could do
- 18:44is five. Now, I can tell you most places
- 18:46don't want to lose. Good Cooks, right.
- 18:49Good cooks are so hard to come by right now and most places
- 18:51don't want to lose good. Cook.
- 18:52So they will find a way if you're really good.
- 18:55They'll will find a way to hopefully try and keep you
- 18:57within their means. And assuming that they have the
- 18:59means to keep you. So do keep that in mind.
- 19:02Now, let's talk about just making yourself valuable right
- 19:05to the organization in which you're working.
- 19:07If you have someone that's really valuable, you're able to
- 19:11get more money, right? Because they don't want to lose
- 19:14you. They want to pay you more.
- 19:15I think the attitude of I'll do more when you pay me more.
- 19:19Is the wrong answer, especially if you're trying to move.
- 19:22Up into a sous chef roller and exec Chef Royal, if you have two
- 19:25people and I know I've used this example before, if you have two
- 19:27people and one person says, I'll do more.
- 19:30When you pay me and the other person's the go-getter and says,
- 19:32I'll do it anyway because I love what I'm doing.
- 19:35The person who is the go-getter, most likely will always get the
- 19:39job. And the reason that is is
- 19:41because they're demonstrating that they will do it.
- 19:44Okay. The person who says I'll do it
- 19:46more when you pay me, it's a risk.
- 19:49So if you're the, if you're the chef or if you're the restaurant
- 19:51owner and The decision-maker? You say, hmm?
- 19:54Who's more likely to do it? The person that says they'll do
- 19:57it or the person who's demonstrating that they're going
- 19:59to do it. Well, you could almost guarantee
- 20:02that the person who's doing it, regardless will do it.
- 20:04But your 50/50, if the person who says they'll do it, when you
- 20:08pay them, will do it. So, you're going to give it to
- 20:10the person who is willing to do more, right?
- 20:13I saw this the other day, someone was talking about, don't
- 20:17don't make yourself Irreplaceable, right?
- 20:20And I don't know, I would say. Don't make yourself a crutch to
- 20:25the restaurant but the more value that you bring the more
- 20:28valuable you are so they're going to pay you more money.
- 20:31That's that's just the way it works.
- 20:34If anyone could do your job then they could hire anyone to do it.
- 20:38But if you are unique and you bring a unique skill set and
- 20:41you're harder to replace than you're in the restaurants mind
- 20:46you might be worth paying a couple dollars more because they
- 20:49don't want to lose you because it's going to be very hard to
- 20:52find. Someone that cooks perfect
- 20:54steaks or makes perfect pizza, or whatever the case may be, if
- 20:58you're running a pizza restaurant, you don't want to
- 20:59lose your best pizza guy. You might be okay with saying,
- 21:02hey, I'm not going to lose my best pizza guy, but I could, you
- 21:05know, the person that chops, the basil I can lose them because
- 21:08everyone knows how to chop basil, but not everyone knows
- 21:11how to stretch Pizza like Andre, right?
- 21:14So that's something that you could think about as well.
- 21:16I do think you should put yourself in a position to be
- 21:18valuable because the more valuable you are.
- 21:21It's in the words, the more People, you are the more money
- 21:24you're going to make right at the end of the day.
- 21:26That's that's what this is all about.
- 21:29It is about the passion. It is about loving the industry
- 21:31in this that and the other and all the romance that goes with
- 21:34it. But at the end of the day you
- 21:35got to pay your bills. And, you know, you want to make
- 21:37the most amount of money that you can.
- 21:39And I, you know, going back to my point earlier.
- 21:42I can't tell you how to change the system.
- 21:45It's not something that I can figure out on my own, but what I
- 21:49can tell you is, when you're in the system, this is how you make
- 21:53more money, right? Because I do know that I've seen
- 21:56it in action and that's the world that I know.
- 21:58I'm hoping that we get to a point eventually when the
- 22:03industry is much more sustainable, much more
- 22:05profitable and everyone makes more money.
- 22:06I'm hoping that of course I want that for everybody, but I also
- 22:11live in the real world and say, okay, but that's not the game
- 22:15that we're playing. We're playing on this chessboard
- 22:16and these are the rules that were playing.
- 22:17And so, how do we win this game? And that's what I'm here to talk
- 22:20about is how do we win this game in particular?
- 22:21So, E way. I hope I've been able to give
- 22:25you some strategies. And some best practices when it
- 22:29comes to negotiating, right? Actually, I want to go back and
- 22:35say, one more thing there is something called Arbitrage.
- 22:38And what that is is, you know, if those of you that might not
- 22:40know the term, it's like you buy something at one price and you
- 22:43sell it for another price than you profit the difference,
- 22:45right? So the same thing applies, you
- 22:47know there's there's currency Arbitrage, there's whatever
- 22:49right? But anyway, the same thing
- 22:51applies in salary Arbitrage. So let's just say you're working
- 22:54at one place and they're paying you $10 an hour, you go to the
- 22:56other place, they're paying you $15 an hour.
- 22:58So you say, okay, I'm going to go work here, you make $15 an
- 23:00hour and then they call you and say, hey, we want you to come
- 23:02back. And then you say, okay, But you
- 23:03got to pay me $20 an hour. So now you just got a ten dollar
- 23:06raised just by going back and forth between jobs and that's a
- 23:09real thing. And I've seen it play out.
- 23:12A lot of times when you work for corporations, you get to the
- 23:15standard three percent raise, right?
- 23:17That's, that's pretty standard. And most most companies like oh
- 23:21you've worked hard for your. Here's your three percent,
- 23:23right? And with inflation, that's a 5%
- 23:25pay cut because inflation is 88 percent or whatever.
- 23:29So, so anyway, the reason I say you want to look at this,
- 23:33Arbitrage is a lot of people will leave their company because
- 23:37that's the only way they could make more money and then they
- 23:39will come back, right? So that's also something to
- 23:43think about as you could leave where you work right now and
- 23:46say, okay I'm going to go work at so-and-so because I know
- 23:48they're going to pay me a couple dollars more.
- 23:50And then I know my boss is going to call me back and you say Well
- 23:52they're paying me $15 here, I got to go back and you know,
- 23:56they give you whatever, right? So there is the Irish angle.
- 24:00However, a little bit of caution with that is.
- 24:04Sometimes you live with a little bit of a bad taste in people's
- 24:07mouth when you do that because it's like, they want you to come
- 24:09back so bad and then you come back but they kind of resent
- 24:11you. It's like, it's like dating
- 24:13someone. It's like they break up with you
- 24:15to go with someone else and then they come and they say no.
- 24:19No, that person's a Loser. Come back and then they come
- 24:21back. It's like I don't know if I want
- 24:23you back. Now you were with that loser.
- 24:24So anyway, you gotta you gotta remember that to write.
- 24:28So Keep that in mind, like Arbitrage is a good way to get
- 24:31money but it's also a dangerous game because it may come with a
- 24:34little bit of resentment. So anyway, that's going to wrap
- 24:38up today's show. Thank you all for listening
- 24:42whatever you're listening on. So Spotify Apple podcast
- 24:45whatever. Make sure you leave five stars
- 24:47and subscribe as a matter of fact five stars only that's it
- 24:50five stars I don't ever want to mention anything less than 5
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- 24:56that's not a thought that should ever cross your mind because
- 24:58your ass smart person and a smart person knows that this is
- 25:02a five-star podcast, a dumb person would think this is
- 25:04something less. So anyway, if you want to
- 25:07support chefs PSA, you could go and get any of the book.
- 25:10So, I just wrote to the kitchen Art of War.
- 25:13You could go get that. That's honestly, in my opinion,
- 25:15the best thing I've ever written.
- 25:17There's the culinary leadership fundamentals book, how not to be
- 25:20the biggest idiot in the kitchen line.
- 25:22Cook survival manual. You can see the merge that we
- 25:24have. We have some Happy Chef merch
- 25:26and some other stuff. Go to Chef PS, a.com for
- 25:31everything. And thank you all very much.
- 25:34See you next week at the porno music.