The Weekly Roundup: Negotiate Your Salary Like a Pro
You made it! You found a gig you wanted. You applied. Your resume and cover letter were perfect. You killed it in the interviews. Finally, what you worked so hard to achieve has become a reality. A JOB OFFER.
But the salary isn't quite as much as you'd expected and you are completely unprepared to negotiate. Perhaps you are afraid they will say no or even rescind the offer. The sad truth is most of us don't even bother to ask for more money. We get what we get and don't get upset...until later.
Salary negotiation is one of the toughest and most important parts of the process and the choice you make will impact you for months or years to come. This is a big decision and it requires preparation, information and confidence.
The first thing to do is to slow down and take your time. You have more power than you think. This company has chosen you. Use that leverage to ask for what you want. Do not accept immediately. Request a few days to consider the offer. Look at the full package: salary, benefits, growth opportunities, education subsidies and more. Take the time to educate yourself and come back with an informed counteroffer. This is your career; make the right choice for you.
There are plenty of smart online tools to find out what your skills are worth and what other companies are paying. Make sure to do your research. Below are five great pieces from the pros that will sharpen your negotiation skills.
Salary Negotiation 101
Let's start with the basics. Doostang lays it all out perfectly. Don't ever accept a job offer immediately and maintain control of the situation. Know what you're worth, ask for it and be prepared to prove why you deserve the salary you want. If you stick to your guns, you might actually get a much better offer.
Why You Need To Know Your Number Before You Go Into A Salary Negotiation
It's all about homework. Business Insider shows you how to determine exactly what you want before you are sitting across from your potential future employer. Know your value. Know what other companies are paying. Know what you want. This knowledge is power and it could increase your salary.
5 Ways to Answer: 'What's Your Salary Requirement?'
Don't let a job offer put you on the spot. CareerBliss has five great answers that will buy you more time. Hiring managers and HR personnel want to pressure you into accepting a lower offer. Prepare yourself with the right responses can push that number higher.
How to Negotiate Your Salary
For those interested in advanced salary negotiations studies, Lifehacker has gone deep. They start out with basic strategies. Then, they detail two very specific, in-depth negotiation methods (The Noel Smith-Wenkle Salary Negotiation Method and The Jack Chapman Salary Negotiation Method). Finally, they toss in a host of additional insights and tips. This article will have you well on your way to negotiating like a pro.
How to Negotiate Salary When There's No More Money
What if there is no wiggle room on salary, but you still want the position? PayScale details some clever options that add real value to a job offer without increasing the paycheck. Be smart when you negotiate, you will never have the same opportunity once you take the job.
What are your best salary negotiation tips and tactics? Please share them in comments below.