WEST Wisdom Blog

Know Your Worth – the key to negotiating your compensation package

Posted by Uma Chandrasekaran on Jan 29, 2018 10:00:00 AM

For many of us, negotiating our compensation package with a potential new employer can be a scary experience. In fact, almost 20% never negotiate their salaries. Fear and lack of confidence are the main reasons for not asking your real worth. But of the people who overcome their fear and do negotiate, many end up getting a bump close to 10%. So, learning to negotiate your compensation package is an important skill to learn.

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Topics: Events, Women, Community, Upcoming Events, Career, Networking, Women in STEM, Cambridge, STEM, Science, negotiation, Compensation, Gender Pay Gap, Stock, Financial Planning

Tips for Maximizing the Value of Your Compensation and Benefits Package

Posted by Jaime Luna on May 15, 2017 10:30:58 AM

In today’s competitive market for talent, many employers are offering attractive compensation and benefits packages. In addition to salary, bonus, and equity compensation, “softer” benefits like expanded maternity leave, flexible schedules, and wellness programs are becoming more common.

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Topics: Events, Wealth Management, Financial Planning, Career, Cambridge

Negotiating Your Compensation Package: Financial Strategies for Professional Transitions

Posted by Jaime Luna on Mar 21, 2017 8:50:00 AM

Are you planning a career change? Thinking of jumping to a competitor? Has a recruiter contacted you about a new job opportunity? If you answered yes to any of these questions, you will need to have a strategy in place to negotiate the best possible compensation package for yourself.

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Topics: Events, negotiation, Financial Planning, Wealth Management, Transitions, Career, Women

Tips for Incorporating Equity Compensation into Your Overall Financial Plan

Posted by Jaime Luna on Jan 10, 2017 10:40:00 AM

Today, more women are advancing to senior positions within the life sciences industry. Along with added responsibilities, senior executives usually receive stock options or other forms of equity compensation as part of their compensation packages. In this lunch program, financial advisor Beata Dragovics provides an overview of the various forms of equity compensation, along with current compensation trends within the life sciences industry. Attendees will learn how to optimize their equity compensation packages, with a particular focus on managing concentrated wealth. Other topics include the tax ramifications of exercising stock options, along with tactics for treating equity compensation as a vital piece of your overall financial plan.

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Topics: Events, Wealth Management, Financial Planning

5 Mistakes to Avoid When it Comes to Financial Planning

Posted by WEST Board Member on Oct 17, 2016 12:53:45 PM
Did you know that 57% of women have more earning power than before, that women are making major investment decisions, and 60% of women are the "breadwinners" of their families? Therefore, it is crucial to be informed and proactive about financial planning.  Beata Dragovics from Freedom Trail Financial takes a quite different and effective approach to financial planning, starting with the individual's values to set financial goals and plans. Beata graciously shared her take on 5 mistakes most people make when it comes to financial planning below. If you're interested in learning how to avoid these mis-steps, evaluate your own values and how they can map to your own financial goals and plans please join WEST for an interactive session with Beata on October 26th at 6pm. Participants will leave with a clear sense of how to plan for their values and how to set financial goals as it relates to compensation, equity, and savings. 
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Topics: Events, Financial Planning, Wealth Management, Women

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