Salary Negotiation Secrets Revealed / Careers Employment Monster Add to favorites
More articlea about Careers Employment
1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76

Salary Negotiation Secrets Revealed

Before you go into the interview, it is important to know what salary you want, what you need to live on, and what you will be prepared to accept. Spend some time working out your budget. Remember to factor into your calculations the remuneration you'll need in the future.

Decide what types of benefits are important to you. A compensation package might include: flexible work schedule, option to work at home, relocation expenses, pension and insurance plans, company car, holidays, stock options, profit-sharing, training opportunities, etc. By evaluating these beforehand, you can concentrate on bargaining in the negotiation process.

It is important to know your market value. You can do this by consulting professional associations, job advertisements, business and trade periodicals, employment agencies, executive search companies, career-related websites, and on-line salary surveys.

Since salaries often vary according to location, you should research comparable positions at similar companies in your geographical area. Investigate your prospective employer's track record for making offers.

To strengthen your negotiating position, try to ascertain how urgently the company needs to fill the post. It also helps if you have another offer to consider.

When completing application forms, say that your salary requirements are "negotiable" or "competitive." Don't state a specific figure on your resume.

Don't be the first to mention salary during the job interview. Let the employer introduce salary first. If the interviewer insists on a specific figure, ask for details of the company's customary salary range for that type of position. Stress that you are confident you will be able to arrive at a mutually agreeable sum.

Do not negotiate a salary until you receive a job offer. By making the offer, the company is indicating that they consider you to be a valuable asset, thus putting you in much stronger bargaining position. When asked at this stage to express your salary requirements, be as non-specific as possible. Instead of an exact amount, state a range and indicate that you are willing to negotiate.

Use timing to establish your value. Don't be too quick to accept the employer's first offer.

If the offer is unacceptable, go back to talking about the responsibilities and importance of the job. Stress how keen you are to work for the company and how much you feel you can contribute. Maintain a calm, friendly, and professional demeanour at all times.

Anticipate objections and be prepared to overcome them. Assess the company's needs beforehand and justify your salary request by showing them how they will benefit from your skills, knowledge, and experience.

Be creative in suggesting salary options. If the company is not in a position to offer a higher salary, concentrate on negotiating parallel benefits such as performance bonuses, company car, profit-sharing, etc.

Remember that you are negotiating your relationship with your prospective employer. It should be a collaborative process. Both parties will benefit from a successful outcome. Avoid conflict. Be firm but friendly in asserting your rights.

If you are satisfied with the offer you receive, try to resist the urge to accept on the spot. Instead, express your enthusiasm about the prospects of joining the company and ask for a little time to consider the offer.

When evaluating the offer, consider all the relevant factors, e.g. salary, benefits, responsibilities, location, environment, and promotional prospects.

Once you have accepted the job offer and agreed on the salary and benefits, ask for a letter of confirmation.

Visit the author's website at http://www.assignmentsplus.com

Gerard McLoughlin, author of 'Four Minutes To Interview Success', has contributed career-related articles to hundreds of recruitment companies, websites and publications throughout the world, including: USA Today, JobBankUSA.com, US-Recruiters.com, etc.

To receive FREE career tips on a regular basis, sign up today for The Assignments Plus Newsletter.


Career Transitions: Creating Complementary Careers in a Day Job Offer Negotiations: Getting What You Want


Most Popular:

Related articles:

Overwhelmed and Overworked: The Myth of American Productivity
The American worker, surveys clearly show, is becoming overwhelmed, over-tired, and fed up. Contrast this with the economic period of 1947 - 1973 when productivity and real family income moved in tandem, both doubling over those years.

When Bad Interviews Happen to Good Candidates
When Sally was escorted to the interview room, she was surprised to see a panel of interviewers. When she received an invitation to interview, Sally believed she was a shoo-in for the job.

Build Your Career Decision By Decision
How To Make Better DecisionsYou can improve your tolerance for making decisions and do a better job at it by embracing a few common sense ideas. Test the alternative solutions among those who know the situation and will be impacted by the decision.

Does Retirement Fit Into Your Busy Schedule?
I don't recommend retirement to anyone. You can still have that villa, only now you can also be engaged in creating and expressing your talents.

Get a Life Why Dont Ya?!
""I must get a life. Your ambitious nature may get you to the top, but you might just be waving down at everyone you let fade out of your life.

Why Employers Want an Employee with a Degree
Without an education, you are liable to get up and move to a different career in a heart beat as you don't have years of education backing you up. People with an education are a commodity these days, if you don't have one, many companies won't even go beyond glancing at your resume.

Online Resume Tips and Secrets
Just as with a hard copy of a resume, your online version will get a quick look over by a hiring authority. Let's review some of the 'best practices' you need to accomplish in order to successfully and safely promote yourself online.

Ten Healthcare Fields That Cant Wait To Hire You
A rapidly growing sector of healthcare where all of these positions are required is that of home health. Healthcare is one of the hottest career fields in America today.

Make Your Resume Keyword Rich and Scanner Friendly
Your resume is a personal self-marketing tool; so make sure you get a powerful and accurate message across. Whatever your final word choices are, your keywords should accurately describe your skills, talents, and experience.

Sample Resume Objectives: Good, But Summaries Are Smokin!
But it's true, and most of the sample resume objectives you'll find online are statements of what the job seeker wants. I have nothing against objective statements, and you can find some solid sample resume objectives online.

More articlea about Careers Employment
1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76
© copyright Careers Employment Monster Link Partners