Less than 40% of job candidates negotiate their salary. Why? People often feel uncomfortable with the process or do not want to give off the impression of feeling pushy or greedy to a potential new employer. Break through this stigma by following these four simple rules.
#1 | Do Your Research
Many first-time and experienced job seekers don’t negotiate their salary because they don’t know what salary to ask for when seeking out a new position. Make sure to do your research ahead of time to know the industry, position, and location averages. Check out websites such as www.glassdoor.com or www.salary.com to start.
#2 | Adjust to Cost of Living
A technical writer in New York City is going to be paid more than a technical writer in Decorah, Iowa even with the same amount of experience. This is because of the cost of living differences. Be sure to create a hypothetical budget for yourself in the places you are interviewing and research the prices of things such as rent, utilities, and groceries. You should take into account these numbers when determining your needed salary.
#3 | Think Beyond Salary
When you accept a position, you are typically given more than just a paycheck. Reflect on what is most important to you and remember that you can ask to negotiate more than just the number on your paycheck. You could consider items such as vacation time, flexible work schedule, or professional development.
#4 | Practice & Be Ready
The best time to negotiate a salary is after you have the offer. This is so important that I am going to repeat it again. The best time to negotiate a salary is AFTER you have the offer. At that point, the ball is in your court. You know that the employer wants you. When an employer calls to offer you a job, DO NOT accept right away. Instead, show excitement and appreciation and ask if you can take a look at the offer and schedule a call to talk soon. Review the offer and determine your next strategy. If you decide to negotiate, be sure you can demonstrate your value proposition and why you are asking for something different.
So, go ahead. Take that chance. Negotiate your salary. Communicate your worth. We’ll be cheering for you!