So, you bought the job provide, and now it’s time to barter your wage. The place to start?
In the event you’re like most job seekers in at present’s job market, you’ll possible negotiate your wage over the cellphone or on a video name. That has its benefits: Earlier than the negotiation, you possibly can arm your self with analysis on what related jobs are paying, in addition to any related cost-of-living info that may bolster your argument for a better wage.
See how your provide compares
Given the growing variety of wage transparency legal guidelines, many employers are posting wage ranges on their job listings, says Michael Steinitz, senior government director {of professional} expertise options at Robert Half, a human sources consulting agency.
You can begin negotiation prep by digging into related job listings and seeing how your provide stacks up in opposition to the competitors. There are additionally a number of wage guides that provide a nationwide perspective on common salaries, hiring tendencies, rising industries and in-demand jobs. Steinitz recommends trying out Robert Half’s salary guide. The employer assessment website Glassdoor presents the same resource. And Hays, a world recruitment and human sources agency, presents a salary guide as properly.
Is wage the one consideration?
On the identical time, it’s essential to do not forget that wage isn’t the whole lot in wage negotiations. For instance, in case your potential employer is providing strong advantages or further paid time without work, they might be much less incentivized to budge on the beginning wage.
Exterior of negotiations, it’s possible you’ll wish to take into account whether or not a lower-than-ideal wage is value taking if different advantages or perks would enhance your high quality of life, in accordance with Harvard Enterprise Overview.
“Clearly, you wish to make as a lot cash as you possibly can, however you wish to weigh the whole lot that’s related to [the offer], as a result of typically compensation isn’t apples to apples,” Steinitz says.
Present you are critical
One other piece of recommendation from Harvard Enterprise Overview: Make it clear that you just’re critical in regards to the job. Firms are much less inclined to have interaction in negotiations in the event that they aren’t positive you’ll settle for their closing provide. You’ll be able to merely state your critical curiosity within the job and even share particular initiatives you’re excited to deal with within the function.
And if negotiating a wage makes your abdomen churn, Steinitz presents an answer: working with a recruiter.
“Fairly frankly, it’s the identical purpose why athletes ought to work with an agent — so that they don’t must have the awkward negotiation discussions,” Steinitz says.