Negotiating salary can be one of the more difficult
aspects of your job search and during your career as a whole.
Solid salary negotiation skills benefit you long term and not
only when you are negotiating salary.
Myth: Employers don’t like potential staff who negotiate
salary and try to get more money than what the employer initially
offers.
Reality: Negotiating salary (and other aspects of the job offer)
is a fact of life and evidence of strong negotiating skills during
the job offer process might help to increase your value in the
eyes of the employer. A smart employer recognizes your solid
negotiating skills.
If you were applying for a job where negotiation was part of
the position but during the job offer process you simply accepted
the first offer put in front of you, what does that say about
your negotiating skills?
Do you think the employer be comfortable with you negotiating
on their behalf in the future?
Being adept at negotiating salary is something that can actually
increase your worth in the eyes of a potential employer because
it shows you are savvy and know your worth.
As long as you know your worth, that is.
Here are some tips for negotiating salary, beginning with getting
the facts on paper and understanding your worth to an employer:
1. Do research and have factual salary information at your fingertips
that correlates to your job that you can use during the salary
negotiation process. Check salary surveys and reviews for your
industry and job. A few Internet searches should yield some indicative
figures you can use. Trade or industry organizations should be
able to provide assistance as well.
2. Make sure you fully understand the compensation structure
of the job and fully understand all aspects of the offer before
trying to negotiate it.
3. Don’t lie about your current salary to a potential
employer. If they find out you lied even after you’ve been
hired, it could be a firing offence.
4. Don’t bring up the issue of salary and how much you
are looking for, let the employer do this. Don’t evade
the question if it comes up but it’s usually best to first
stress your interest in the job and to let the employer know
that you are aware of the salary range and will consider their
strongest offer if and when an offer is made. The longer salary
negotiation is delayed, the better especially if by the time
the issue of salary negotiation comes up, there are fewer candidates
being considered for the job.
5. Don’t assume negotiating salary has to occur immediately
after receiving the job offer. Depending on how you receive the
offer – is it emailed to you, is it delivered in person – you
will typically be told by the employer when they need the offer
returned and how much time you have to review the offer. If you
are “forced” to make a decision to accept or reject
a job offer on the spot, I’d question whether or not you
really want to work for such a company. This is unusual in my
experience.
6. Make sure you get all the pertinent aspects of the job offer – salary,
bonus structure, benefits, vacation time, etc as well as any
negotiated parts – in writing. A job offer is not a job
offer until you get a final copy in writing for you to sign.
7. When negotiating salary, remember to state an amount you
would actually be happy with. Don’t say it if you don’t
mean it. It’s hard to ask for a certain salary and then
later on in the negotiations suddenly ask for a higher amount.
I wouldn’t state a salary range either because the employer
could simply pick the salary number at the low end of the range
when you’re actually looking for the high end.
8. Once you make the deal, live with the deal. Once the salary
negotiation has been completed and agreed upon by both sides,
don’t try to go back and re-negotiate. I’ve seen
job offers pulled away from people by employers when a candidate
tries to amend the offer after it was agreed upon earlier.
9. Try where possible to negotiate in a way you feel comfortable
with. These days, email is an acceptable medium and if the job
offer was emailed to me, I’d expect that I could email
the employer to suggest specific aspects of the job offer I’d
like negotiated or if I needed part of the offer clarified. If
you prefer salary negotiation that is done face-to-face, relax
and just ensure you have done your homework to ensure successful
negotiation on your part.
The bottom line with negotiating salary is that you need to
do your research, understand your value and also understand when
to end negotiations. There has to be a happy medium: a job offer
that you and the employer can both live with.
At some point the negotiating has to end. A good salary negotiation
ends with both sides feeling like they won.
Don’t forget that negotiating salary isn’t the only
part of a job offer that can be reviewed. Depending on the specific
job, here are some other aspects of the job offer you might be
able to negotiate especially if the employer is unwilling to
discuss negotiating salary:
- Early salary review
- Signing bonus
- Bonus (size of bonus, structure of bonus, etc)
- Vacation time
- Start date
- Job title
- Job responsibilities
- Benefits (or possibly, how quickly your benefit coverage
will start)
- Other benefits (ie. you might get your employer to agree
to a personal training budget, travel costs, etc)
Carl Mueller is an Internet entrepreneur and professional recruiter
who wants to help you find
your dream career.
Visit Carl's website to separate yourself from other job searchers: http://www.find-your-dream-career.com
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