This simple phrase can get you up to 20% more in compensation, according to a negotiation coach

Jacob Warwick has helped coach executives, Hollywood talent, and athletes through high-stakes negotiations.

Jacob Warwick

• Jacob Warwick suggests negotiating salaries, even in a tough job market.
• He said the simple phrase "What's the chance there's a little more here?" can result in a 5-20% raise.
• Warwick advises candidates to act as consultants, exploring the full scope of the role during interviews.

It's still worth negotiating your salary — even in this economy.