Whether you are going for your first job interview or looking for a change from the present job, salary negotiation goes a long way in getting you a good package. In fact, salary negotiation skills are very important if you want to get a compensation package that is worthy of your skills, abilities and experience. If you haven't negotiated your salary till now, it is the time to make your start. This article will tell you how to negotiate your salary in the best possible way. If you have already had a taste of the negotiation process, then the following lines will help you hone up your skills.
Negotiating Salary Tips
- Know your worth. Unless and until you are aware of your own value and are confident that you are worth something, you will never be able to convince your prospective employers of the same.
- Be confident enough to ask for what you want. It will give your prospective employer an idea about your expectations from the company. If you do not ask, be prepared to get less than what you deserve.
- It is always advisable to spell your salary expectations the moment the interviewer asks something in this regard. Never ever go to point where he/she spells out the salary and then start demanding for a higher quote.
- Know your job. Be aware of what added responsibilities you would be undertaking, as a part of the job, and show how are you fit for handling all of them with expertise.
- Highlight the extra experience that you have, which would help you perform the job in a way better than the others. If you have more education and/or experience that what the job demands, and it is relevant, emphasize the same.
- Never ever accept the first figure quoted by your prospective employer. Most of the employers initially offer less than what they can afford. At such a point of time, assert yourself, not too forcefully, that a higher salary will be more in tune with your career objectives.
- Always focus on the basic salary first. Many of the employers start from the allowances and benefits, in order to justify the low basic salary. So, you need to negotiate the basic salary at the first go, rest everything will depend on it only.
- Keep the salary negotiation part delayed till the end of the interview, when you are sure that you have qualified for the job. Most of the employers try to bring the topic in between the interview, to make the candidate accept a lower salary, in order to be selected. Be on guard against this practice.
- Throughout the negotiation process, keep selling yourself. You should be able to highlight all your positive points and the unique skills and talents that will help you perform the job better. At the same time, show your interest and enthusiasm to work for the organization.