Salary negotiation– proven way to negotiate salary you’re worth.
salary negotiation occurs when an employee looking for a increase in
Salary or a job seeker engages an employer in bargaining over pay.
Sometime this can be nervous whacking.
However, is better to get yourself acquitted with all necessary
Information’s about similar salary structure in your career and
Position that are in the market place in order to get the best possible results before engaging in salary bargaining with an employer.
Research the market before negotiating salary.
Researching the market place before negotiating will enable you to know the salary ranges of some one of Your qualifications, job position and experience level as you, this Will help to determine the current pay rate and the market value of the Position which you are seeking.
Therefore, use the information gather to determine your benchmark during a salary negotiation.
Present your self good when negotiating salary.
If it’s your first job offer interview with the organization be compose
And display enthusiasm for the job.
prove why you should be part Of the organization during discussion, show that you are in high spirit
to join the team.
Try to avoid your self’s need and previous Pay topic as this might not work in your favour so that it cannot be
Used to determine your pay rate during salary negotiation.
Also more, it is advice not to first bring up salary issues before an employer during salary negotiation, if it’s your first time interview with employer, this may Make it appears you are only interested in the money, (even if that Is the case anyway).
Money discussion should come up when the job offer is on the table and just let employer pop the salary question, do not show over ambition about money During salary negotiation be profession and amicable in your negotiating tactics,You can sell your points by discussion your expertise this will Also help to justify your worth to your future employer and hedge other candidate’s for the same position during salary Negotiation.
If you are given an offer that fall below your expected pay benchmark during salary negotiation, you Can respectfully ask for a raise in the wage or ask when there will be a Salary or performances review within which period, also check if there is other Fringe Benefits which may includes health insurance, bonuses, paid leave, be Flexible, evaluate the situation, is necessary to take into Considerations other incentives that they offer this might make up for short fall in Your expected pay scale.
If you are already an employee, but looking for a salary increase, you can Make a request to the management for salary negotiation this could be based on the time you Have been in the organization and your contract terms with them, you can Discuss your achievement and contributions towards the progress of the Organization you can ask for a setting percentage increase during salary negotiation.
Be professional during salary bargaining.
Show mutual understanding during salary negotiation, it should never look confrontational or arrogant, there is a need to be respectful, employer needs to see you as value addition to the company growth.
Do reach a compromise, since it is a negotiation it is expected that you might not exactly get the amount you ask for during salary negotiation, an employer may have their own range of payment within the company policies.
After the job and wage offer has been made, and if it’s suitable to you, be sure to get the offer in writing, this will legally bind the bargaining, it will be useful in case of refers as regard the salary negotiation