Salary Negotiation

Intermediate English listening exercise ยท Negotiations

Transcript

Employee: Thank you for the positive performance review. I appreciate the recognition. I would like to discuss my compensation. Manager: Of course, go ahead. Employee: Based on my contributions this year, including leading the product launch that generated two million in new revenue, and considering the current market rates for my role, I believe a salary adjustment is warranted. Manager: What did you have in mind? Employee: I have researched that the average salary for a senior product manager in this region is between ninety-five and one hundred and ten thousand dollars. My current salary is eighty-five thousand. I am proposing an increase to one hundred thousand, which reflects both my performance and market value. Manager: That is a reasonable request. Let me review this with HR and get back to you by Friday. Employee: I appreciate that. I am open to discussing this further.

Comprehension questions

  1. What is the current salary?
  2. How much revenue did the product launch generate?
  3. What does the employee want to discuss after the performance review?
  4. What was the revenue generated by the product launch?
  5. What did the employee lead this year?

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