1. No matter what hiring managers say during
interviews, there's still room to negotiate
salaries in today's economy.
Many companies have no trouble attracting a
large pool of applicants, but finding someone
qualified is the challenge.
That makes you — if you're skilled and lucky
enough to be chosen — at the head of the
bargaining table.
Have a look at these seven tips to negotiate
your next salary.
2. Know your value
Whether job seekers are new or seasoned, they
should know exactly what skills they can offer.
More experienced job seekers should not only
emphasize their work, but provide specific
examples of what they have done in the past to
show what they can offer in the future.
Less experienced applicants should show
examples from past internships or schoolwork to
prove their skills. This can include writing
samples, letters of recommendations, and
presentations.
3. Research the position's salary
The key to negotiation is being “SMART”.
Research the potential position's average
salary and make sure you are coming within a
reasonable range.
If you have connections at the company or a
similar company, ask for advice on what is
reasonable.
4. Ask higher to meet in the middle
After researching the position, always ask
for a little bit more than you expect, so you
can meet in the middle with your employer.
If you are just starting out, only ask for a
small amount more than what you expect to
receive, but if you are at a higher level it's
good to ask for a few thousand more and
leave wiggle room for negotiation.
5. Stay confident
Confidence is extremely important for
negotiations.
It makes the employee seem self-
assured and eager to work at a company.
Again, providing specific examples of
what you’ve accomplished shows that you
are proud of your work and abilities.
6. Explain previous circumstances
If your previous salary was far lower and
due to extraneous circumstances such as
waiting for a yearly review or mass layoffs,
make sure to clarify.
Your new salary may be adjusted based
on your experience and skill level, and
employers often understand these types of
situations.
7. Negotiate for more benefits or vacation
If salary negotiation is
impossible, employees should try for
more vacation days or personal days or
to pick up immediate coverage for
healthcare rather than wait for several
months to be covered.
This way, they will at least get
something extra if the salary cannot be
improved.
8. Compare job offers
If an employee is fortunate enough to
have two job offers, comparing both in
negotiations can definitely help.
Normally if it is a similar position, there
will not be a vast difference between the
two, but it is absolutely a good
leveraging tool for more money.
9. Still, if you are not happy…..
Explore following links
• 10 ways to boost confidence in a job search
• How to sell yourself in an interview
• How to fill the gaps in your resume
• List of the most unusual resume mistakes
• Seven ways to make the most of your new job
• Readers share their job search 'don'ts‘
• or register yourself @ Linkedin
By Sugata Chowdhuri