How to The Do's and Don'ts During Salary Negotiation

 

How to The Do's and Don'ts During Salary Negotiation

Negotiation of Salary it may during an interview or increment of salary for an employee. During salary negotiation , these are  common questions the contender used to ask. It is essential to know how to do it the right way if you ever want to earn what you deserve. In order to get the best possible salary, these DOs and DON'T DO to negotiating job offers are very important.

So what should you DO?

 

Gather Information to Do Your Research

Honest advice, before you attend an interview,  Do a salary research for the  jobs similar to what you applied for. In your specific location, and for someone with your experience level, find out the average starting salary for your applied position. Look at the salary range at that company by checking online, checking reviews, or through inquiries, and be realistic.  If you have good experience in your field, your bargaining power will not be limited.

Do You Indicate Your Value

Regarding salary, during interviews, always focus on what you skill value offer them. Depending on your skills, how will you be of value to the company. Before spending your money on a service, always analyze the value it will bring you, the same goes for the job.  How much are you worth based on your value, the exchange of services for value should be. Be confident in your negotiation once you know your value. This will result in you being undervalued and underpaid if you don't know your value.  As you negotiate, use your achievements in previous jobs, and discuss what you would do to earn the salary you are asking for.  Highlight any achievements that have increased your employer's earnings when making your case for a raise from your employer , as this will help solidify your case.

Look at The Whole Package  Carefully

Check if it is worth considering that the company has any other advantages to offer you. Avoid falling into the salary number trap, it is just one factor in your overall compensation package. Get more information about paid training, bonuses, extra expenses and other benefits. Make your life easier by increasing your skills training or taking the time to generate positive value in the future.

Set a RANGE of Salary Expectation

This will give room for more negotiations rather than sticking to just one number while negotiating, it is better to give a set of range that you would like to have as salary. If the employer does not offer a fully acceptable salary, consider in the beginning, be prepared for it, and decide how much you are willing to forego. Be flexible in your negotiations. It may be a request for additional benefits, such as extra vacation time, a data allowance, or an extra day off once a week.

Consult to  Your Seniors and Seek Their ADVICE

Seek advice from senior colleagues feel free to do so. Contact someone you trust before the interview to ask for advice about what scope they should be and how to move forward. This way you will get some valuable advice on the approach and how to present your case for negotiation.

So what should you DON'T?

             

Don't Comparing With Others

It is wrong and unprofessional to compare your salary to others when negotiating. Present your status and use your achievements only as a justification for your salary request. Keep many factors in mind before comparing others and their work and describing their job and influence.  Negotiate with confidence, and that confidence will come with your skills and added value to the company.  And ask with confidence what other benefits the company can offer, as well as future raises and bonuses. Do not lose the victory even if you do not succeed in the salary as you wish, try to get other benefits on bonuses and vacation time Compromises, better workspace, less review time with a better title. You will achieve all of these things as much as you are confident in your skills.

 

Don’t Rush the Conversation

 Not necessary to respond immediately on the spot job offer. However, be sure to respond in time to avoid losing offer. Delays in responding may result in loss of bid. What is your expected salary? When asked, take a few minutes to think about it. If you don't respond right away, say your answer, "Based on the job description and responsibility," it will positively impact your offer and make room for negotiation.  Do not rush to accept the immediate offer. It is best to thank them for letting them know that you would like some time (not more than a day) to consider the offer and come back to them with the option to accept or ask for negotiation.

Don’t talk about your Expenses Like Despot              

Don't list personal expenses as a justification for your request when negotiating a salary and avoid telling your life story. These concerns could be good reasons for wanting more or a motivation to try to negotiate your salary in the first place, given the perspective of employers they are least interested in. In fact, you should focus on your plans, expectations, skills, and accomplishments. Don’t Be a Despot.  Once you have all the facts true and your value in check, you can then easily move through the negotiation process.  You should not let the company completely control your value even though money is a major concern. When discussing salary negotiation, be knowledgeable and understanding. Always be respectful, even though the offer is much less than you would like or willing to accept. Do not use distant words while negotiating. It's a very unprofessional to threat to quit the job, with this way you won't get the raise you want.