1. 1. Negotiating Your Salary
2. 2. Remuneration can be a difficult topic for discussion, especially with an interviewer you have never met before. Your aim for the negotiations is to settle on as high a salary as possible. But how much is too much to ask for before you look greedy and unrealistic in your expectations?
3. 3. Coming across too confident or even cocky during the negotiations may be a major turn-off for your prospective employer. Youve made it this far through the recruitment process, dont blow it by seeming out of range.
4. 4. Confused by the whole process? I wouldnt be surprised. Settling on a starting figure can be one of the toughest parts of the interview process. However, theres no need to stress, here are 5 tips to help ensure the negotiations end in a win for both you and your employer.
5. 5. Your existing salary Your potential employer knows that your new salary will either have to match what you currently get paid, or beat it, to entice you to make the move.
6. 6. Know what youre worth conduct market research into the average salaries and salary range for the job you are applying for. Be careful in your study as location, industry and organisation type (i.e. public, private, not-for-profit) can all vastly affect the pay even for the same position. Before you go for the interview, have an expectation of the salary you expect to be offered.
7. 7. Set a minimum Following on from the above advice, its always important to know the lowest offer you would accept. Negotiating in a weak job market is difficult and it can be tempting to undersell yourself.
8. 8. Understand the role - If you fully understand all the intricacies of the job, youll better be able to match your skills and experience with the role. Relate previous work examples to the requirements, responsibilities and expectations of the position to prove you are the strongest candidate. Selling yourself, especially through linking previous work examples to the details of the role, will put you in a much stronger bargaining position when the time comes to discuss remuneration.
9. 9. Practice makes perfect - Practising your negotiation skills with friends and family can help you feel more prepared when the deal takes place for real. Role playing the whole interview process can do wonders for your confidence, particularly if you lack interview experience.
10. 10. Summary - Armed with the knowledge of how to properly negotiate your salary, youll be in a much more advantageous position when the inevitable question arises; So, what are your salary expectations? Be confident, know what youre worth and youll be sure to leave the negotiations with the salary you asked for.
11. 11. Good luck! FindMyDreamJob.co.uk