Screenwriter Adele Lim walked away from the Crazy Rich Asians sequel project over pay disparity. Here's what we can learn from her decision.
Faye Penn is the executive director of women.nyc, an initiative developed by the New York City Economic Development Corporation. Her advice in any negotiation is to arm yourself with objective data. “The most important thing a woman can bring to any bargaining table is knowledge of comparable market rates,” Penn said.
don’t have to ask other writers—they can also ask producers what’s fair,” Penn said. While strong tactical advice, it may not be advice that creatives follow enough. “Creators typically don't like to talk about money and they don't like talking about it with the people that they're going to work with,” Chun said. But this is to the disadvantage of creatives.
It’s within the executives’ rights to lowball you in a deal, but it’s also always within your rights to walk away.Lim’s ability to walk away from the negotiation also highlights two important negotiation points that need further examination. The first is that the tactics of “walking away” is one that is often offered without context, and without much discussion of leverage. Leverage is your power to make or enact decisions without having to influence anyone else. It is, in fact, power.
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