Negotiating your pay

05.20.2021 10:21 AM

Written by Erin Stalcup for World Education


Whether you’re interviewing for a new job or working for a promotion in your current one, it’s important to know your worth and not sell yourself short. A lot of people make the mistake of settling for whatever they’re offered when negotiating a salary or a potential raise.

 

When going into any type of interview that involves negotiating a salary it’s important to be prepared and confident in the skills you have that warrant the salary you are requesting. Here are a few tips and tricks when negotiating your salary with a current or potential employer.

 

  1. Timing is important. If you have been at your job for over a year, taken on new responsibilities since being hired, and/or been told you’ve been exceeding expectations, it might be time to ask for a raise. Do not wait for yearly reviews, however. Instead, talk to your boss 3-4 months in advance to give them time to do their own research on your workload and quality of work. If, like me, you have trouble bragging about yourself, think about preparing a one-page summary of all the awesome things you’ve done so far!
  2. Start with your highest desired salary (or a little higher) and be specific. Starting at the top of your salary range will allow you some wiggle room when they (most likely) negotiate down. Giving your employer specific numbers when talking about a salary shows employers that you’ve done your research on salaries for your skillset and, according to studies, makes it more likely you will get what you are asking for.
  3. Don’t be afraid to ask questions about what upper management is looking for and never be afraid to make counter-offers. This only shows how committed you are to the job and your place in it.
  4. Always remember, confidence in yourself and skills is the most important part of selling yourself to a potential employer. You know you’re awesome - now it’s time for them to see that also!

 

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