Friday 8 September 2017

Negotiate Your Salary with Expertise

Picture courtesy: pon.harvard.edu – Google images

One of the most significant and delicate aspects of a job is salary negotiation. Like any other negotiation, salary negotiation is also a complex thing that requires realistic and reasonable approach. To start negotiating salary it is important to verify the job’s worth and the worth your skills and knowledge carry. One should take enough time to think in all aspects before discussing salary with a prospective employer. Negotiations need not be aggressive and can be dealt with comfortably when both the employer and employee understand they are on the same page and each one needs the other.

Prepare yourself and estimate your value: To start salary negotiation you should be well equipped with the details of position you are applying for.  Ask for the details about your role and responsibilities in your job profile and research on the salary offered for the position in the specific industry in that particular city. This will get you an idea on how much you can ask for your skills. For this you can take the advantage of other recruiters who call you to know your interest for a specific vacancy. You can engage them in a decent conversation and take information on how much they are ready to offer a person with your skill sets.

Choose the top range: When you are researching on the salary offered to similar profiles, you come across a range that is being offered to others. In such a position don’t be tempted to play safe and ask for a salary in the median range. Be confident of your skills and always quote on the top side. There is a sure possibility of the employer to negotiate downwards on what you have quoted and even if they offer something less, it will probably be a number that is pleasing to you.

Give an accurate number: While negotiating your salary don’t give an approximate or vague number. Think properly and give an accurate number that you deem to be fit for your worth. When recruiters find that the prospective employee has given a precise number in the initial stage, they come to an assumption that you have done an extensive research into your market value and there are more chances that you get an offer nearest to your quote.

Learn to say no: While finalizing on your quote you should also figure out the number below which you cannot take up the offer. Considering your financial need, market value and what will satisfy you, you should come up with a number that is low enough to say no and walk away. This will help you at the time of negotiating because you will not stumble when you are offered very low package and this may prompt the recruiters to think once again.

Present your skills: The most important thing to remember when you are arriving at your number is to make sure that it is relevant to the skill set you have. Your quote should be substantiated with your skills and knowledge. Only then the recruiters would consider your candidature. Before you talk about your expectations, tell the recruiters what you are capable of, what you have done earlier and what you can do in their association. This will give ample scope for the recruiters to understand your capabilities better and then decide on their offer.

Remember that a productive salary negotiation occurs between two persons who have a common goal of employment with appropriate pay. So, be positive and ask for what you are eligible for. Don’t hesitate about your worth.

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