Seven Basic Salary Negotiation Tips

Seven Basic Salary Negotiation Tips
Jobsdb content teamupdated on 29 August, 2014
Share

salary-negotiation-tips Discussing the compensation often causes anxiety on both employee and employer. Here seven ways to make the process of salary negotiating efficient

1. Research

Before the interview process begins, contact the professional organization that represents your field of career. As soon as they provide you with your salary information, you can now examine your monthly cash requirements.

2. Determine your skills

You should understand that different segments of the economy require a variety of skills depending on the industry setting. Once you have established what your skills are and what they are worth to the current employment market, you would know the limitations of your negotiation.

3. Weigh the company’s compensation package

To determine your fair market value for a specific job, you should consider the economic, geographic, and industry factors of the job offer. Weigh the benefits of compensation and promotions, insurance, allowed time off and retirement settlements of the offer to ensure a fair proposed salary.

4. Sell yourself

If you know what you could offer the company requires a larger income, never say it directly. Once you sell yourself discreetly, the interviewer would understand that the proposed salary is not appropriate for your background.

5. Have a positive attitude

In negotiating, never compete. Negotiation is basically a process which could benefit both parties. Understand your needs and those of the company.

6. The final offer

Be aware when the negotiation is done. Pushing further when a deal has been set could give a negative first impression on your part.

7. Show what you are made of

The interview is only the first step in having an enhanced compensation. Once you are hired, offer your skills to the company and prove your worth by doing quality work. You may even get a promotion for doing so.

However, Understanding these basic tips will allow you to enhance the terms of your new job


Source : http://www.allbusiness.com

Salary advice

Browse top search terms

Did you know many candidates preparing a resume also research their industry by exploring top search terms?

Subscribe to Career Advice

Get expert career advice delivered to your inbox.
You can cancel emails at any time. By clicking ‘subscribe’ you agree to Jobsdb’s Privacy Statement.