logo for job-hunting-advice.com
Home
Site Search
Job Hunt Blog
Career Planning
Career Advice
Job Search Tips
Recruitment Firms
Resume Help
Cover Letter Tips
Job Interview
Job Offer
Moving Overseas
Career Forum
Employee Rights
Government Jobs
Background Check
Employer Liability
Home Businesses
Contact Me

XML RSS
What is this?
Add to My Yahoo!
Add to My MSN
Add to Google
leftimage for job-hunting-advice.com

The Goal of Salary Negotiation
Is Using A "Win-Win" Strategy




Although salary negotiation is an important factor in most job offer situations, I think many people would agree that it is not only about the amount of money you can make...but also that you feel you are being fairly compensated.

As corny as it may sound, a "win-win" strategy is your best approach. Believe it or not, companies also want to compensate you fairly.

Here are some key concepts to consider when dealing with your salary expectations.
  • Employers don't want to lose the money invested to bring you on-board....so they want to make sure you feel you've been treated fairly.
  • Plus the reputation of the organization is also very important.
    • If word gets out that a particular company tends to "under-compensate" their employees, they could lose some potentially great candidates.
  • Companies are in the business to make a profit.
    • To do so, they need to attract and hire the best candidates possible. They want people to view them as fair and equitable.

Before I entered my job interview, I conducted a little research on job  "negotiation".

There are a lot of tools out there to choose from...I obtained some good tips from the Negotiation.Com website. This provided some good advice concerning the art of negotiation.

In addition, here are a few salary negotiation strategies I've picked up along the way.

  • Hold off making a salary request until as late in the job interview process as possible.
  • If you are doing well in the job interview and demonstrate how valuable you are, you will have more bargaining power.
  • Although employers can be fairly straightforward, to the point of intimidating at times, try not to negotiate salary during the first meeting.
  • Request time to "sleep on it" and check with your family. This gives you time to research and evaluate your offer.
  •  One of the best strengths you have during the job negotiation process is "information".
    • Gather as much about related salaries as you can.
    • Consider work area, job description, your experience and related positions within the company hiring you.
  • Play to your strengths.
    • If you are good at communicating and have a knack at "sales pitches", then promote yourself.
    • See yourself as the product you are trying to sell.
  • If the employer has stated that salary is not negotiable, consider other benefits to negotiate, as explained in the job opportunity section.
  • Don't negotiate for the sake of negotiating.
    • Don't waste your time or theirs.
    • You will come across in very poor light.
  • Give a reason why you think your deserve a different salary.
    • Draw on your experience, education, training, skills, etc.
    • Express the kind of value you will bring to the company.
  • And finally, get the offer in writing.

The key to effective salary negotiation is both you and the employer coming out of it feeling like you've "won". Or better stated, "been fairly compensated".

For additional job application topics, such as the salary negotiation section here, check out the job opportunityhiring process, job offer and career resource areas.




footer for job hunting page

Powered by Site Build It