For the majority, salary negotiation is one of the most complex questions in job hunting. As soon the interview turns to the compensation, many applicants hesitate and barely select words in an attempt to inform the desired level of salary and benefits. Generally, there are many advices to follow when negotiating salaries. Below we have listed do’s and don’ts of salary negotiation to help you avoid mistakes and get paid that matches your experience, education and skills.
Do Research Salaries. Take time to learn more about salaries variety in your field to be aware with income of other specialist with similar experience and qualification. As well, find out requirements of your possible employer for certain salary level and average salaries for other employees. Keep in mind that level of wages is different by geographic region.
Do Negotiate. Some applicants avoid discussing salary with employers by reason of feeling uncomfortable or some fears. Missed opportunity to salary negotiation can influence on cutting a potential level and future growth. No doubts that your salary depends on an ability to persuade your potential employer that you have personal and professional qualities to benefit company.
Do Consider Your Experience. How long have you been working in your field? Typically, more experienced specialists earn more money. Remember to talk about your work experience that helps you to get higher salary. If you don’t have a lot of experience, you must be realistic to account of salary on which you may qualify.
Do Be Flexible. Occasionally, you may get money below your expectations, but often companies offer additionally excellent benefits and opportunities for bonuses. So, you should consider the offer as it can be more attractive than seems at first glance.
Don’t Focus on Need. Some people make an attempt to convince employer paying the salary which meets their needs instead of focusing on worth of own qualification. Be sure that you have substantiated arguments for desired salary.
Don’t settle for less. You must not agree for less if you are confident in worth of your qualification and experience, because it can set you back substantially.
Don’t Ask about Salary Too Early. You should not begin discussing salary issues before an offer is made, because, commonly, employers do not consider favorably candidates who too concerned about money.
Don’t Rely on Oral Discussions Only. Ask a company to make a compensation offer in writing. It is an important part of the salary negotiation because it makes both parties get serious.
Most employers are waiting for salary discussions, so applicants who can avoid common mistakes have more likely to get the desired compensation package.