Salary negotiation is something we all need to do to get what we deserve. The thought of salary negotiation can bring along anxiety and nervousness. But you should know that salary negotiation does not need to be intimidating. It is as simple and righteous as asking for a glass of water. It is a discussion between a candidate and an employer regarding the payment for the amount of work to be done at the firm by the employee. And it applies to both a new candidate as well as the old employee. There are fewer or no chances of losing the job opportunity when you negotiate for the salary you feel you deserve, so you do not need to worry about it if you know the right way. There are certain salary negotiation tips and tactics examples that people follow to get the salary they deserve. This does not make you asking for more at all when you pitch salary negotiation. And so this blog is all about the best salary negotiation tips you should know while you look for a job post-lockdown.
Salary Negotiation Tips – Negotiating Salary Offer:
Before we tell you about the few amazing salary negotiation tips, we want you to know something about salary negotiation. Salary negotiation is not at all greedy, in-fact many recruiters say that they are more surprised when candidates do not take up salary negotiation topics during the pay-scale discussion. So whatever they are offering you, even if you are satisfied, try to ask for a raise in the most polite way you can; you might surprisingly get better pay. So, here are the tips you should now know.
Before The Pitch Tips:
Do Your Research:
Speaking without knowing is the fool’s depiction. So before you take up a salary negotiation, it is necessary to do your research. If you are an old employee, figure out the economic condition of the organization and check if they can really provide you what you are asking for. If it is a new job offer, know what pay the job market is providing for your work and check if the company can provide. For this, check out the job description well.
Set Your Mind for What You Want:
The better you know how much you want to make from a particular job better will be your negotiation. Not knowing what you want clearly can affect your work quality in the future. So set your minimum acceptable salary even before you get a job offer. With the number in your mind, it will be easier to apply for the job and attend the interview as well as negotiate if needed.
Know Your Value:
This is one of the most important ways of salary negotiation tips and identifies your salary offer. Before you go for an interview, figure out your skills and knowledge and what all you can contribute to the organization once you start working. And while you speak, let your confidence reflect through your words. If you speak anything that makes you less confident, it reduces the chances that the other side will work to get you a better offer. Know your worth as it’s important to start with a reasonable salary negotiation with a counter offer. Asking more than what you be worthy of will not help your salary negotiation process.
During the Interview Tips:
Try Not to Reveal Before Them:
This is one of the most important things you should know before you begin the salary talk. Let them say their pay first, then leverage that as a starting point. And if they ask you what your expectation are, you can tell your approximate expectation rather than the exact number.
Explain Your Side:
This is more of convincing the employer of what you want and why. They need to believe you’re worth the offer you want. So don’t just say your demand; explain why you want what you want, briefly but with poise. This will demand you to brush up on your communicating skills. The better communicator you are better will be your chances of negotiating successfully.
Negotiate Salary with Counter-offer:
Even if you like the offer, you should always have a counter-offer. This is because you never know if there is any room for negotiation, and you might just get a raise. Employers often begin with low salaries and then can increase the pay according to the candidate’s capability. You should ask for 10% and 20% above the base salary in the job offer.
Be Clear, so They Know What You Are Asking:
Employers do not take confused signals well. They are easy to judge the candidate. So be clear with your words. Before you plan to negotiate, explain to them straightforwardly why you want to work with them and how you appreciate this offer. This helps you to convince them better for a higher-pay than they are providing.
Know the Difference:
There is a difference between salary negotiation and negotiation for a job offer. So while you talk about salary negotiation, consider responsibilities, location, travel, flexibility in work hours, opportunities for growth and promotion, perks, support for continued education, and so forth while you consider salary negotiation conversation. The job offer negotiation is explaining your talents and skills. Don’t get confused with both. You are discussing a salary because you have probably negotiated the job offer, and it’s time to talk about the pay.
After your Salary Negotiation:
If you got what you wanted or something near to that, accept it with at most gratitude. This helps you showcase your interpersonal skills. Now that you got what you asked for make sure to stick to your words and work accordingly. Your responsibilities are likely to increase along with your payment. Your work will help you succeed in life, so keep evolving and improving.
If Not Successful:
It’s okay if you didn’t get what you wanted, but that does not mean it is acceptable to be rude to the employer. If you are ready to work with what they are offering, work well, and then after a few months, pitch for a raise. If not, walk away with gratitude towards the employer for an opportunity and their time. Be grateful and maintain a healthy connection. You might get a better opportunity through them in the future.
Negotiation is not being greedy; it is asking for what you deserve for your work and talent. So do not let salary negotiation make you anxious as it may affect your interview. Do your research, figure out your expectations, and be polite while having a conversation related to your salary. This is just a small step towards your dream life. Use these tips while you plan to negotiate the salary.