How to Negotiate Your Salary

One of the most important parts of being satisfied with your job is earning a salary that is fair based on your experience and position. From time to time, it may be necessary to negotiate your salary to receive more pay. When you’re ready to request more money with your superior, there are a few important tips to follow.

Don’t Tell Your Employer How Much You’ll Take

Make it a point to avoid informing your employer of how much money you’ll take, which means leaving the salary blank on your application and remaining vague about how much you’ll accept during the interview process. By remaining discreet, you can get the company to be the first to say a number to ensure that you can begin to negotiate if the offer is too low.

Avoid Talking Too Much

An effective way of negotiating during a meeting is to state the number that the company offers and avoid talking. Allow there to be a moment of silence, which will cause the employer to become uncomfortable and can prompt them to state a higher number. This technique is useful in buying extra time without making the manager feel pressured. Remaining silent may be awkward, but it’s easier than reacting with anger or aggression.

Conduct Research

If you’re confident enough to counter an offer that you receive, it’s crucial that you conduct enough research to stand behind the salary that you desire. Carry out research ahead of time on the market, the company, and how much valuable you are amongst other candidates. You’ll get a better understanding of a reasonable salary that you deserve to ensure that your counter offer is fair and is not greedy.

If the company refuses to budge on the salary, consider negotiating other benefits or compensation, which can include an extra week of vacation or education reimbursement. You can also request better health insurance, a private office, or additional bonuses based off of your performance each year.

Remain Patient

According to lifehacker.com, it’s important to remain patient during the negotiating process. Companies are more willing to offer a higher salary if they’ve spent more time investing in you. Avoid talking about your current income or bringing up the pay during your first interview.

Resell Yourself

According to forbes.com, an important part of negotiating is reselling who you are by imagining that you’re in the first interview again. Remind the employer of how much experience you have in the industry or how much education you have. Discuss your amount of worth in the market and what you can offer the company. Most employers are prepared to negotiate and have a bit of wiggle room with how much more they can offer.

Remain Direct

Avoid making the mistake of being indirect with what you want when asking for different types of compensation. Don’t take “no” for an answer and make it a point of setting higher goals based on what you feel you deserve due to your extensive education or experience.

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