How to Negotiate Salary during Job Offer?
In terms of job offer, the best way to generate more income is by salary negotiation, either during the performance interview or when you have first offered a new job opportunity. Well, it might make you very uncomfortable, however it is extremely vital. Here are the steps that you need do salary negotiation:
- Postpone the salary negotiation until you are offered a job
When you are having a negotiation for the salary of the offered job, let the employer or hiring manager to decide whether you are the best candidate for the position, and then discuss about money or the salary. Discuss the salary increase right after you’ve accomplished your performance interview.
- Allow the other part to create the very first offer
In salary negotiation, your aim is to let the hiring manager or employer suggests a salary. Most individuals or candidate for a job find it very awkward to mention or asks a direct question to their potential employer concerning the salary history. Well, when you are having an interview for the position that you are trying to apply for, never be afraid to mention about the salary, as that can help you to start knowing or further learn their offered salary for the new candidate like you.
- Once you hear an offer, verify the number & stop talking
The most usual result of a silence during job offer is an increase. Always remember that, so it means that when you stop talking, your employer will think that you don’t actually-like the salary he or she is trying to offer to you, making him or her to increase the offer. This technique gives you few time to re-think, and at the same time putting pressure to your employer or hiring manager. Often, they will come back to the higher offer.
- Secure the offered salary with researched response
Bear in mind that your counter offered must be depend on what you’ve learned or know well about yourself, the company, and the market. This is the reason why it is very important to do a few researches before your interview comes so that, there is an assurance within yourself that you exactly know the reasonable salary for the position that you are applying for in their company.
- Close or finalize the deal & deal more
The very last step that you need to take when you are having a salary negotiation with your potential employer or with the hiring manager is to close the salary offered. Then, negotiate with additional benefits like company car or extra vacation day. This is somewhat making an agreement on the car’s price before you finally negotiate or discuss the value. Also, it is one of the best ways that you can do to get better compensation packages during your job offer. When you do these steps, you will be able to have a good result after your salary negotiation, and would definitely, allow you to generate more income in the new job offered to you. But, it doesn’t just stop there, as when it comes in salary negotiation process during the job offer, there are so many things or tips that you need to take into consideration, in-order-to achieved the best outcome, and these are as follows:
Tips in Salary Negotiation
- Be Prepared
One of the most important tips that you need to keep in mind when you are negotiating for the salary during a job offer is to research for fair salary. Determine how much you’d really wanted, however ask for some more, leaving rooms for compromises. Practice negotiating about your salary, and you can do that by sitting down with somebody whom you trusted, then you can make a role play regarding your experience. Or, you can even record yourself while you are doing that, to find your own flaws, for improvement. Remember that, the more you’re practicing, the more you will also feel very comfortable and confident enough during your actual interview, in front of your employer or hiring manager of the company where you are applying in.
- Be Silent
When you are having your salary negotiation, it is always best to allow the hiring manager or potential employer to do the speaking or discussion. Keep in mind, as mentioned earlier that silent is very powerful, and that could let your employer to increase the offer.
- Be Patient
When it comes in salary negotiation, you need to be very patient, because this is one of the key factors that you can use to acquire the best result that you want. The more you understand deeply the entire process, then the more the company will get committed and dedicated to hire you for the position that you are trying to land for. Do not ever mention your previous income or even the salary that you are expecting for, and most importantly, never mention your job application. Because if you will do that, you are just providing an anchor to the negotiations, which can just hurt your feelings. Instead of doing that, just wait for your potential employer or hiring manager to make a first mention about money, as that will only lead to further discussion about the salary that they are trying to offer for your job specification.
- Be Flexible
When the company did not budge on the salary, start negotiating other compensations. You can ask for such thing like the extra or additional days or weeks of vacation, flexible schedules and private office. Other possible things include transit pass, educational reimbursement, performance bonuses, better insurance for your health, or a permission of bringing your dogs to work.
In conclusion, these steps and tips above can help you a lot to make a better negotiation regarding your salary during a job offer in the company that you are trying to apply with. Remembering and applying these things above can also help you to achieve the best result that you want to get, and most importantly, generate more income for your new job.