Example Hiring “Negotiation Dance”

UPDATE: Thanks to Professor Maurice Schweitzer who corrected my negotiation dance chart, it’s updated below. Example Compensation Package Components: Work culture conditions (e.g. WFH, dogs at work) Boss Title Salary MBO’s/bonus/commission Health Benefits Stock (e.g. equity, options, RSU) Pension/401k Vacation Unusual Perks for Employees (e.g. laundry, dog daycare) Example Negotiation Elements to Expect: Anchoring Decreasing …

My Gasoline Cost Per Year

UPDATE: I changed electric data-point due to excellent comment by Dr. Adam. Assumptions $2.99 per gallon of gasoline (source: Dept of Energy, west coast average including CA) 17,976 miles driven per year (source: Federal Hwy Administration, 32 year old male) About Project Graph: At Wharton we’re taught that everything can be graphed. This is my …

Crowdsourcing Revolutionizes Labor Costs

I’m always interested in news ways of getting work done. Crowdsourcing is definitely new. It employs the power of the internet to find thousands (even millions) of workers to complete large but simple projects. Example are: sales force example: add twitter links and company names to a list of contact leads website example: removing explicit …