NEGOTIATING YOUR SALARY AND COMPENSATION

Many of my clients have said, I just can’t negotiate salary or negotiating salary makes me uncomfortable”.

However, when it comes to negotiating the purchase of a home, car, or any other product or service, it comes naturally and is perceived as a right.

Our inability to negotiate is not a result of incapacity, but rather a result of not knowing how. It was never explained to us and we never learned the rules of the game.

🏳 Do extensive salary research, preparation and practice beforehand

🏳 Defer salary discussions until an offer seems imminent

🏳 Discuss salary only with the ultimate decision-maker

🏳 Get the employer to state a salary figure or range first

🏳 Wait until a firm & written offer is on the table before negotiating

🏳 Discuss salary only after you have fully described your relevant accomplishments

🏳 Know your strategy before attending the negotiation meeting

🏳 Always negotiate the offer, no matter how good it seems initially

🏳 Finalize the salary first, before negotiating other items such as benefits

🏳 Never misrepresent your former salary

🏳 Don’t confuse salary with the full compensation package

🏳 Avoid tying your potential salary to your old salary

🏳 Use silence as one of your most powerful negotiating tools

🏳 Job satisfaction is more important than financial compensation

🏳 Leverage one offer against other offers if possible

🏳 Be patient and disciplined throughout the process

🏳 You don’t get what you deserve, you get what you negotiate

🏳 Never accept or reject an offer on the spot do a thorough analysis

🏳 You can only win at negotiation if you’re willing to walk away

🏳 Be sure the compensation package you finally accept is a win-win for both

🏳 Maintain a positive, upbeat attitude and enjoy the game of negotiation

Remember Preparation + Practice = Power

My next post will discuss some phrases and statements that can help you negotiate better. Follow me for more such insights for job seekers

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