Salary & Negotiation -

Salary and Negotiations

Salary negotiation is something everyone goes through at least once in their life. You finally got the job offer you wanted, and now it’s time to talk about the numbers. This is when things start to get uncomfortable for many people. Most candidates balk at the thought of negotiating their salary. Some people find this even more stressful than the interview stage, as it can be a difficult conversation.

Does negotiating skills are easy to Learn?

Of course, this never means that salary negotiations are easy or guaranteed to yield results. Consider yourself in the final interview round and be asked if you could take a pay cut if you got a better job position. That’s where salary negotiation tips come in to help.

Likewise, you may have just received a final offer for a job, but you are being offered a salary that is slightly less than expected or deserved. Then again, you can settle down at work, but the raise is long overdue. All of these situations have a solution to boot, which is your ability to negotiate your salary.

Here are some salary negotiation tips

Have Patience.

Make sure you don’t engage in a conversation about compensation before the company does it. Indeed, you may end up asking for less than the company intends to give you.

Seek the right intentions.

Stay conscious during negotiation sessions and look for their motives in the session. Plan your desired salary amount based on their intentions and be a little stubborn about his desired CTC from the company you expect.

Research Significantly.

Before talking about negotiating your salary (figures), take the time to understand current industry salary standards. Understand current salary trends that match your job profile, qualifications, and years of experience.

Be specific.

One of the essential salary negotiation tips you need to know is to be specific. When raising objections to the hiring manager during your salary negotiations, mention a specific number or range. This practice not only makes the hiring manager aware of your expectations but also assures them that you’ve done your research and recognized your exact worth.

Explain why you deserve better.

Explain how you achieved the number you quoted. This is also a great opportunity to showcase your skills, experience, and potential to make a positive contribution to the company.

Don’t be afraid to mention no.

The only thing standing between you and your job is acceptance. Accepting a job offer that doesn’t give you what you deserve can do more harm than good to your career.

Remember to be Polite.

Gather your thoughts, do your research, and respond politely. After all, you don’t have to accept an offer instantly! You will be given the opportunity to make a counter-proposal. Thanking the hiring manager first sets the tone for your salary negotiations.