Salary Negotiation

Tutorials

STEP 1. Research Your Market Value:

Before negotiating your salary, research your market value by looking at salary data for your industry and location, as well as the specific job responsibilities you will have. This will give you a better idea of what salary to expect and what to ask for.

STEP 2. Prepare Your Case:

Before the negotiation, prepare a list of your qualifications, accomplishments, and any relevant experience that justifies a higher salary. Be prepared to present this information in a clear and concise manner during the negotiation.

STEP 3. Schedule a Meeting:

Schedule a meeting with your employer to discuss your salary. Make sure to choose a time when you will be able to give your full attention to the conversation.

STEP 4. Start the Conversation:

Begin the conversation by expressing your appreciation for the opportunity to work for the company and your excitement about your role. Then, present your case for a higher salary by highlighting your qualifications, accomplishments, and relevant experience.

STEP 5. Listen to the Employer's Response:

After presenting your case, listen to the employer's response. Be prepared to respond to any counterarguments or questions they may have.

STEP 6. Negotiate:

Once the employer has presented their initial salary offer, negotiate. Be prepared to compromise, but don't sell yourself short. If the employer's offer is lower than what you were expecting, counter with a slightly higher figure that is still within your research of the market value.

STEP 7. Close the Deal:

Once you have reached an agreement, thank the employer for their time and reiterate your excitement about the opportunity to work for the company.

STEP 8. Follow Up in Writing:

It's a good idea to follow up with a written note or email confirming the terms of the agreement, including the salary and any other benefits or perks that were discussed.

STEP 9. Be Prepared for a NO:

Remember, not all negotiations will be successful, and it's important to be prepared for the possibility that the employer will not be able to meet your salary demands.

STEP 10. Keep Your Options Open:

Always keep your options open, and don't burn bridges. Even if you don't get the salary you want, you can still work hard and prove your value to the company, which can lead to a better salary in the future.