Salary negotiation is an uncomfortable process for both parties. But you can leverage your skills, qualifications and experience into a compensation package that meets your needs. Salary negotiation tips from experts at LearnVest include preparing talking points ahead of time, knowing what numbers to ask for and being flexible during negotiations.
When asked about your salary expectations, avoid stating a specific number and instead give a range. This gives your potential employer room to maneuver and prevents you from coming across as overly confident or entitled. However, it’s also important to have a specific number in mind that you are willing to accept, according to this article.
During the negotiation, highlight your accomplishments and how you’ll bring value to the company. Using examples of how you’ve helped previous companies save money, grow revenue or increase productivity can help your argument for a higher salary. If the company is unwilling to meet your demands, you can always decline the job offer.
When the interviewer offers a salary below your target, counter with something between 10% and 20% above their initial figure. This will give you room to negotiate and still place you above the average pay for that position.
If the company isn’t able to meet your demands, ask them for other benefits, such as a signing bonus, flexible work hours or increased coverage for moving expenses. These one-time perks are often easier for employers to afford than the cost of a recurring salary increase. Salary negotiation tips