7 Tips to a Successful Salary Negotiation
Got that dreaded salary discussion coming up? Fear not, negotiating is an art that you can learn! Here are seven tips outlining how to achieve salary negotiation success from our friends at SThree.
The first tip is to be prepared; before starting a salary negotiation during the job interview you want to write down exactly what your current package is and what you are looking for. Also, make sure you know the benchmark salary for the job you are in (benchmark your salary now). Finally, decide what the lowest acceptable salary is for you.
Once you are in the actual discussion you have to really bring across all your technical and soft skills, experiences, success stories to back up what you are requesting. When you ask for more money, you also have to indicate how much more you will contribute to the bottom line of the company.
Just like any good poker player, you don't want to show your hand too early. Get the employer to suggest the salary range they have in mind for you and you can then start your campaign. If you give them your expectations straight away, you may come across as money-motivated and you might be completely off the mark.
Always have the right mindset when negotiating salary, remember that you are an asset to the company and stick to your guns. Be sure to always end the discussion on a positive note. If you can find a win-win situation for you and the employer, chances are you will come away with a good result.
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