Negotiating a higher salary/pay rate is not an easy and comfortable task. Here are a few guidelines to help you get through the process with minimal stress and end up with a salary that is suitable for both sides you and the employer.
When and/or the best time to Negotiate Salary.
Most job experts will say you have the most control in negotiating a salary after you have been offered a job, at that point the employer is certain they want you. However, avoid trying to negotiate immediately after receiving the offer and before getting additional details on the rest of the recompense package. You should take times to consider everything that is offered. Also, do the best to avoid conveying up salary or, if asked, giving specific figures during the job interview. You should use that time to find out more about the job and to determine whether you want to work for the employer or not.
Go through the job description and requirements.
You cannot just be expected to negotiate equally if you don’t know/have all the information you need. If you have any outstanding requests about what you will be expected to do, the results you will need to produce, and any other benefits or perks the employer offers, find the responses to those questions before you start the negotiations about how much you will get paid. If the salary you are presented falls short of what you had been waiting for, then don’t overlook other benefits the employer may have offered. The resulting benefits could save you money and make up for what may seem like a salary loss:
- health, dental and life insurance
- daycare benefits
- telecommuting options
And consider vacation time, any other extras, and opportunities for professional growth, including training assistance. As an IT worker, keeping your skills up-to-date is very important, so any opportunity for assistances development should receive significant thought when making your decision.
So even if you are encouraged about your new salary, it’s still important not to overlook other package perks such as these two benefits that have the possibility to really help boost the lowest line:
Before saying yes to a new employer, do the calculation to see whether higher out-of-pocket costs could be in your future and possibly impact your negotiations. Northwestern Mutual guide stated that for a job changer, a 2015 Employee Benefit Research Institute survey found that 40% of people would give up a wage increase just to maintain their existing health coverage.
Most companies might suggestion to lower your medical insurance premium if you agree to take a health-risk assessment.
Key to Salary Negotiation
Be sure you did some background check to find out what’s going salary is for the type of job you are being presented or one with similar tasks. These are some places where you can find this type of information:
- government census stats
- salary reports issued by various tech job search firms
- National Association of Colleges and Employers
- postings for similar jobs
- discussions with people who have a similar job
Positive in Your Negotiations.
Remain well-mannered and positive in your negotiations about the salary. Even if you’re excited about the job but upset by the initial offer, don’t express your disgust to the employer and sound off about how much more you are worth. Focus instead on cooperating to the employer how interested you are in the job, and how much you know you can contribute to the company, and then mention that that are certain zones you would like to discuss before coming to final salary agreement.
Get Your Job Offer in Writing.
Once you thought and have come up with a commonly suitable salary, make sure the employer gives you a written copy of the job offer, stating the job description, prospects, other important details, and the salary. Most importance doesn’t try to go back and negotiate for more after you already accepted the offer, as you will have little control at that point. Do all your negotiating work before saying “yes” to the employer.