7 Salary Negotiation Tips For New Jobs Seven Basic Salary Negotiation Tips
Money is the most sensitive issue in the whole hiring process.Discussing the compensation often causes anxiety on bothemployee and employer. Here are seven ways to make the processof salary negotiating efficient.
1) Research: Before the interview process begins, contact theprofessional organization that represents your field of career.As soon as they provide you with your salary information, youcan now examine your monthly cash requirements. Remember thatonce your taxes are added to your paycheck, approximately 30% ofyour gross monthly salary is deducted.
2) Determine your skills: You should understand that differentsegments of the economy require a variety of skills depending onthe industry setting. Once you have established what your skillsare and what they are worth to the current employment market,you would know the limitations of your negotiation.
Salary range information is available at American Almanac ofJobs and Salaries, National Association of College andEmployers, Career Center, and professionals in your relatedfield.
In stating your salary range, avoid basing your desired salaryon your current salary. Always tell the truth when it comes toyour past salary. It is acceptable to extend a range toapproximately $6,000 to show that you are within the company'sprice range but interested in more compensation.
3) Weigh the company's compensation package: To determine yourfair market value for a specific job, you should consider theeconomic, geographic, and industry
factors of the job offer.Weigh the benefits of compensation and promotions, insurance,allowed time off and retirement settlements of the offer toensure a fair proposed salary.
4) Sell yourself: If you know what you could offer the companyrequires a larger income, never say it directly. Once you sellyourself discreetly, the interviewer would understand that theproposed salary is not appropriate for your background.
5) Have a positive attitude: In negotiating, never compete.Negotiation is basically a process which could benefit bothparties. Understand your needs and those of the company.
6) The final offer: Be aware when the negotiation is done.Pushing further when a deal has been set could give a negativefirst impression on your part.
7) Show what you are made of: The interview is only the firststep in having an enhanced compensation. Once you are hired,offer your skills to the company and prove your worth by doingquality work. You may even get a promotion for doing so.
Based from a survey conducted by the Society for Human ResourceManagement, four out of five employees are willing to negotiatecompensation. Understanding these basic tips will allow you toenhance the terms of your new job.
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Jay is the web owner of http://www.jobs-in.com
Online Jobs, a website thatprovides information and resources on searching for jobsnationwide. You can visit his website at: http://www.jobs-in.netJobs | Job Search
