Rebecca Franklin’s Post

Remember that feeling?🤭 The very first paycheck you ever earned. Was it enough to buy that dream gadget? Or did you become a responsible adult overnight?😂 Spill the tea (and maybe some budgeting tips)! We want you in on the fun! Share your first salary story in the comments below.👇 #FTLD #FirstSalary #community #techies

Total compensation = more than just your "annual salary". It's more than a 401k match or equity compensation. Total compensation should also take into consideration: 📚 Professional development support/stipends 🏋🏼♀️ Health + wellness support/stipends 🩺 Medical, dental, vision benefits offered/covered 👩🏼🎓 Student loan assistance programs 🧳Paid time off And while a monetary value can't really be assigned to the following, they're almost *more* important than salary: 🗓️ Flexible work arrangements 🏢 Company culture 🌱 Clear career growth opportunities 👏🏼 Recognition and appreciation ✌🏼 Work + life balance with respected boundaries 🥰 Being part of work that is meaningful + impactful 💥 Mentorship ☕ Unlimited coffee, if you work in the office 🤣 What am I missing? #financialwellness #salary #compensation

Look beyond the base salary. When evaluating job offers, it's important to consider the entire compensation package: • Performance bonuses • Stock options/equity grants • Flexible work arrangements • Health and wellness benefits • Professional development opportunities • Retirement contributions • Paid time off A slightly lower base salary might be offset by substantial bonus and/or equity or exceptional work-life balance benefits. What’s the most valuable benefit you’ve negotiated?

Financial independence is a marathon, not a sprint. I bet you could sprint 30 feet. Right? It would only take you a few seconds, but you probably wouldn't feel much different after. Could you run 26.2 miles? ↳ If you can, that's awesome, but most people probably need to do some training first Only 1% of people on planet earth complete a Marathon in their life. It'll definitely take longer than the sprint, and maybe even be dauting at times. But how would you feel when you finished? To cross that finish line it takes: → Hundreds of training miles → Staying consistent → Hours of research The same applies to building wealth overtime. Don't just hope for the best. Make a plan, adjust accordingly, and have fun along the way. Our dreams and aspirations differ from person to person, so should our financial plans! No matter where you are or what goals you have in life, it all starts with lacing up the shoes and starting to run. Reach out and let's get you running towards the financial independence finish line. P.S. I ran my first marathon last weekend in Carlsbad, California. Looking forward to running many more!

This year I attended two Disability sessions with recent one being today. These are great sessions as they remind you of certain things you might have overlooked overtime or new updates. However, as a planner it is sometimes almost always disheartening to attend these sessions only to deal with things at surface level and when you engage further you realise the other participants show or have no interest as they have not thought that far or do not give advice to such extent. And also you realise the lack of foresight the speaker have in anticipating technical inquiries from experienced Planners. It is disheartening to see a speaker struggle to provide clear and confident response because now this means after the session you must just go and read more, which is good anyway 😅 In Financial Planning, when looking at any topic, you cannot look at it in silos, you need to consider Tax implications, Estate planning etc there’s things that surround that particular event you need to be able to give advice on. This is why having a Planner is essential as they are generalists in everything sorrounding Financial Planning but specialists in giving Advice. I though sometimes understand the speakers because they only specialise in providing knowledge in relation to that topic and have little to no insights as to how it links with other spheres of Financial Planning and I guess it is the role of the Planner to seek more clarity using outside sources to link up the information and give proper advice.

Just wrapped up another compensation cycle? Congrats! But remember, every time you finish a comp cycle (🎉), the next one gets a little closer (🫨) Here's the silver lining: each cycle is an opportunity to refine, improve, and gear up for an even smoother run next time. 🌟 The secret? A thorough retrospective. A well-conducted retro is your best path to turning past challenges into future triumphs. It's about gathering insights and pinpointing improvements to ensure your next cycle is better than the last. Wondering where to start? 🤔 Dive into our latest blog, "Maximizing Compensation Planning Momentum: Steps to Take After a Successful Cycle." https://hubs.li/Q02mQScq0

What are the most important things to consider when negotiating a salary: 1. Know your Value 2. Set a Baseline, but be Ambition 3. Practice your talking Points 4. Take time to respond 5. Don't bargain against yourself 6. Prepare to answer tough questions

🔍 L is for...Leaver Rules Leaver Rules determine what happens to your incentive scheme when you part ways with a company. What keeps? What's lost? Why is the reason for your departure important? 💡 Why Leaver Rules are crucial: ⚡ Talent Attraction: They enhance the appeal of equity-based compensation packages, helping companies attract top talents. ⚡ Retention: A rule of thumb – the longer you stay, the more you get. Leave early and you risk losing a portion of your incentive. ⚡ Fair Structure: Proper Leaver Rules ensure both fairness to departing employees and protection of the company's interests. There's a delicate balance to be struck balancing fair treatment of leavers and rewarding active contributors. 🔹 Typically, good and bad leavers are distinguished (e.g. leaving for retirement vs. leaving for a competitor - you may guess who should be regarded the "bad leaver"). 🔹 There's also "accelerated vesting", where a triggering event vests all awards of active employees, rewarding for hitting milestones. Have a question about Leaver Rules? Or perhaps a unique experience to share? Let's discuss in the comments!👇🗣️💬 #EmployeeRetention #TalentAttraction #EquityCompensation #SharePlans #GlobalEquity

This is the hidden treasure trove of compensation: 1. Equity: Stock options or RSUs can exponentially increase your wealth 2. Bonuses: Performance-based, signing, or retention bonuses add up 3. Benefits: Health insurance, retirement plans, and HSAs have real dollar value 4. Flexible work arrangements: WFH can save thousands in commuting costs 5. Time off: Extra vacation days or sabbaticals offer priceless work-life balance 6. Perks: Gym memberships, meal plans, or childcare subsidies pad your bottom line Many of these are easier for companies to offer than straight salary increases. The art of negotiation lies in understanding what's valuable to you AND what's easy for them to give. Remember: Every element of your package is negotiable. Don't leave money on the table just because it's not in your paycheck. ✅ Your mission: Before your next negotiation, create a prioritized list of what matters most to you. Salary might not even be #1. 📍Pro tip: Frame your requests in terms of the value you bring. It's not about what you want, it's about what you're worth. If you want more help, you can message me and we can chat.

The early years of your career are painful. 😓 Long hours ⏰ Mediocre pay 💸 Minimal vacation days 🏝️ Don’t worry though. There is a better way. James R. Quinn, Your Change Agent https://lnkd.in/guGi6AqN #TheGreatDiscovery #SixSigma #elearning #onlinelearning #change #success #LanguageAccessibility #EducationForAll #Motivation #SelfImprovement #SuccessJourney