You did it!
You went through the application process. You went through the interview process… you wowed the hiring manager and beat out the other candidates.
And they chose you!
Congrats.
But that’s not the end of your employment journey. Not unless you’re willing to settle on your new employer’s first salary offer, that is.
You see, before you sign on the dotted line, you should know that your new employer may very well be willing to pay you more than you think. And many of them are actually anticipating a salary negotiation with you, after their first offer is made.
Today GetAJobFast.Net will show you some tips on how to better negotiate the salary and benefits for your new job, to help get you what you deserve, the max!
Now, if you haven’t found a job yet, save this article, then click HERE to begin your job search.
You’ll want to save this because once you do find a job and get an offer, the information contained here is going to be helpful. Very helpful.
So, let’s get to it.
We know that salary negotiations can be stressful. And if you’re feeling uncomfortable about negotiating in the first place, don’t’ worry, you’re not alone.
In fact, over half of all new hires fail to negotiate for more money, simply because asking for more makes them feel awkward, or pushy.[1]
But get this: Employers don’t think salary negotiations make candidates look pushy at all.
In fact, a recent survey of US employers found that about 75% of them actually expect to negotiate salaries. And they’ll often low-ball on the first offer, just so they have wiggle room for what they’re really willing to pay.[2]
Now, we’re talking about lots of wiggle room here. Up to 20% to the upside. Meaning if you don’t negotiate, you could be losing out on big bucks.
With that said, here’s some tips on how to negotiate your salary to get the maximum out of your new employer:
Tip #1: Homework. Do research on the industry and the salary trends within it. Know what the job pays on average in your area, what level of skills are needed to earn top dollar, and what your new company’s competitors are paying their employees. Know the numbers.
Tip #2: Know your value. You were chosen over other candidates for a reason. You have better skills. In a salary negotiation, show your value by further explaining your skillset. And that skillset should include negotiation skills. Use them and you could very well get that extra 20%.
Tip#3: Know your minimum. You have to know your walkaway number. If you’re offered well below your walkaway, let them know immediately. If it’s in the ballpark, counter 15-20% higher.
Tip#4: Keep secrets. Don’t tell them your last salary, or what you are expecting for this job until they make the first offer. Harvard Law School notes that negotiation experts advise to sit tight and wait for the other side to float the first number.[3]
Tip#5: Always counter. Even if the first offer was attractive, remember… they may be low-balling you. Always counter higher on a great offer, even if it’s just 5-10%. If they don’t budge, you already have a great offer on the table. Take it.
Top #6: Leave a paper trail. Once you’ve decided on your counteroffer, email it to the hiring manager and keep a digital record of it. Include all the reasons for your counter and expand on the value you bring to the company.
Tip #7: Don’t drag it out too long. If the employer receives your initial counteroffer and counters back, it doesn’t mean that’s their final offer, unless they say so. This is your last chance to up your pay, even if it’s just a bit. However, if you like the offer, take it! And don’t keep the back and forth going on too long… that runner-up candidate may be waiting in the wings.
See, negotiations don’t have to be stressful, especially when you know your new employer is probably expecting it. And… by using the above tips, you’re giving yourself a chance at upping your pay by as much as 20%.
Don’t leave that money on the table. Negotiate.
Now, like we said earlier, if you haven’t found a job yet you’ll want to save this article, then head on over to our homepage.
There, with our advanced job search technology, you’ll be able to find a huge array of jobs in your area, all from employers who are hiring… right now!
And remember, when you do get that first offer, don’t be shy, ask for more… they’re expecting it.
[1] More than half of job candidates won’t negotiate salary | HRD America (hcamag.com)
[2] More than half of job candidates won’t negotiate salary | HRD America (hcamag.com)