Negotiating your salary with potential employers can be intimidating, but it doesn’t have to be. Knowing what to say and how to approach the situation properly will help you get the best deal for your skillset and experience. Here are ten tips on how to negotiate your salary with potential employers.
1. Arm Yourself Before You Negotiate:
Before going into a negotiation, research is critical. Gather data on industry averages for positions similar to the one you’re applying for and previous salaries from your current or past workplaces. This information will help you understand what is fair when discussing compensation with potential employers.
2. Prepare Your Pitch:
Have a clear summary prepared that outlines why you believe you are the best person for the job. Explain your skills, experience, and what you can bring to the table that other candidates may not be able to. This will show potential employers why they should invest in you.
3. Be Open To Negotiation:
When negotiating your salary with an employer, express that you’re open to discussion and compromise on specific aspects of the job or salary negotiation process. You don’t want to seem too inflexible and rigid in your stance, as it might cause potential employers to look elsewhere for a more open-minded and willing candidate to negotiate.
4. Know What You Want:
Be sure that you know what you want when entering a negotiation. Understand what a fair salary looks like for the position you’re applying for, and don’t be afraid to ask for what you think is appropriate. If the employer can’t meet your expectations, politely explain why it’s important to you and try to devise a compromise that both parties are satisfied with.
5. Understand What The Employer Wants:
When negotiating, remember to consider the perspective of the potential employer. Understanding their goals and how they see you fitting into those plans will help ensure everyone is on the same page when discussing salary numbers. This way, you can create a win-win situation in which all needs are met, and everybody’s happy.
6. Make Your Value Clear:
Make sure to emphasize the value you will bring to the organization and how it would benefit them to have you as part of their team. Explain what unique skills or experience sets you apart from other candidates so potential employers know they are getting a great deal by hiring you.
7. Avoid Being Desperate:
Although an employer needs to understand your enthusiasm for the job and trust your ability to do it well, don’t let desperation creep into the negotiation process. This may lead employers to believe they can get away with offering less money since they know you need the job more than they need you.
8. Ask for More Than You Expect:
When negotiating your salary, asking for more than you expect to receive is essential. This will give you enough wiggle room to negotiate and still end up with a number in your favor. Remember always to stay confident when discussing numbers so potential employers feel they are getting a great deal.
9. Don’t Settle Too Easily:
Remember that the negotiation process should not be rushed or taken lightly. Make sure that you get what you want before signing on the dotted line, and don’t settle for an offer too quickly if it’s not what you think is fair compensation for your skills and experience.
10. Follow Up:
Finally, make sure to follow up after a successful negotiation. Thank the potential employer for their time and consideration, and express your enthusiasm for the job and prospects. This will leave them with a positive impression of you, which could go a long way in helping you secure the position.