One of the hardest parts to the job searching process is negotiating your salary. The thought alone might cause you anxiety or fear of losing a great opportunity. But fear no longer, as we offer helpful tips to guide you through the process of negotiating a better salary.
Most job applicants believe the salary offer is a “take-it-or-leave-it” proposition, that they are looking greedy by asking for more money or setting standards higher than expected fearing your name crossed off the top candidates list. But what might surprise you is the fact that employers expect this process, its actually very common when you’re in the “real world”, moving up the ladder. So don’t be afraid, get out there and set your standards to your abilities and skill-level. The key to a successful negotiation is to know what you want and how to ask for it, along with alternatives to fit the position and your skills.
Use these helpful negotiating tips the next time you are job hunting or looking for a raise:
- Do your research. Know the salary range of the specific job you are applying for, include the location of that particular job along with experience level.
- Know what you have to offer. You know what your skills are and how much education you have, now value those assets. How demanding is your position, is there a skill you have that most in your profession are lacking.
- Now the numbers. Before you enter the negotiating process, know your bottom line number and your ideal salary. How much will cover your basic expenses and how much will meet your financial goals.
- Employer moves first. Let the negotiating game begin with the ball first in the employer’s court. When the topic arises in the second or third interview answer with something like, “In my current position I am making $45,000 plus benefits, and I was hoping to raise that in my next position.
- Final Offer. When the negotiating process is coming to an end and the final offer is made, look ahead and evaluate the proposal. Take into consideration the salary, benefits, stock option, 401(k) plans as well as other employee assistance programs, potential bonuses, or opportunity to grow in the company.
Remember, the key to a successful negotiation is to know what you want and how to ask for it, along with alternatives to fit the position and your skills.
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