Getting the right salary with the right job is everyone’s dream. Wouldn’t it be wonderful? Well the right direction for achieving this is taking the road to negotiating the right salary before you start the position or take your job offer. This post can help you achieve that.
Currently it’s definitely not a buyers (interviewees) market. However, there are still some things that you can do to make certain you receive the best salary available in this current jobs market if given the break to do so.
Maximizing your salary potential can make all of the difference in the world for a lot of people. Especially if you happen to be taking a position that is for less money than you were currently making. If you have the opportunity to take advantage of a negotiation, you are one of the lucky ones and should do the best you can to get the most out of this tactic.
Don’t discuss or tell your current salary
This is important. Don’t allow your new employer to know what you were making or what you are currently making. If they ask flat out, provide a ball park figure or advise them you don’t feel comfortable providing that information. Be vague and don’t provide exact numbers.
Is there room for negotiation?
Try to feel if there is room for negotiation and how much room there happens to be. If you have unique qualifications the chances of negotiating a job offer are better than if you don’t. remember that this is definitely a sellers’ market and the companies hiring have a lot of power in this arena. If there were hundreds of candidate available, you chances of getting that terrific salary substantially decrease than if there were only 3 or 4.
Ask for benefits or bonuses instead of salary
For some a better benefits package works for salary. Do you need better or cheaper health insurance along with life and dental? This may be where the company and work with you and there is plenty of room for negotiation. In this day and age having the golden parachute of cheap and wonderful insurance coverage can benefit you just as much as salary.
Bonuses are a wonderful idea. This provides the company with the assurance that you will invest your all in the company and the work at hand. This is place where wiggle room may be found if you don’t have those unique or different skills or qualifications discussed.
Compare against another job offer
Be careful with this one. It may backfire. However, comparing against another job offer when you have the upper hand can work in your favor. Let the company know that you have other choices and chose them instead. Therefore, they should invest in you.
Don’t threaten to leave unless you can afford to
If you threaten to walk away or walk out, you better be ready to sign that check. With the companies and big business having a large pool to select from, they may call you on this tactic. This is one that many will find listed in the top five ways of negotiating a salary deal. Though, it can potentially backfire and you will find yourself in the unemployment line. Ultimatums may not be a great way to start off this relationship.
Compare your salary offered with surveys of your position
Review you position and the current salary rate. Do your homework and present it for extra ammunition with negotiations taking place. Knowing what you are worth personally and being able to quantify it with data or information is putting knowledge and power into your hands.
Don’t appear as if you are only there for the money
Of course you are there for the money. However, don’t allow the company to see only this side of the coin. Everyone is there for the money. While you are negotiating for a wonderful salary, talk about the projects that you will be working on and any ideas that you want to share about your investment in the company or project. Let the employer see how much you care about your work in addition to the salary
Negotiate your salary earlier
If you cannot negotiate or change the salary now, maybe you can earlier than your next scheduled review. Ask if it’s possible to get your salary negotiated next quarter instead of next year. You never know if they will say yes unless you ask.
There are so many ways that you can negotiate your salary if you get the chance. These are alternatives for actual money and means to get you what you want. Of course the money is one of the most if not the most important things for the job. If it wasn’t, you wouldn’t be discussing it before taking the job.
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