
How to Negotiate Salary in a New Job
If finding the desired job tops every jobseeker list, getting the desired package is right next to that.
Rather than being occupied with questions such as how to negotiate salary, how to discuss salary with HR, & so on, it’s better to get relevant tips to successfully negotiate a higher salary.
In this blog, we shall discuss various things to keep in mind before negotiating a salary package for your new job.
1. Understanding Average Salary Trend
Equality above all, Well, it applies in professional fields too.
Negotiating a salary majorly depends on the average salary trends in your specific field. This data shall help you negotiate salary packages on reasonable & justifiable grounds.
2. Know Your Value
Before negotiating salary with HR, it’s important that you have analyzed your value as an employee well.
There are several factors that shall help you determine your professional value.
These parameters include your experience, education, skills, certifications, location & achievements.
You need to consider these parameters before negotiating a salary offer with your new employer.
Each parameter holds some value which is important in salary negotiation.
3. Be Prepared for Obvious Questions
Why should you be paid this much? Why do you expect such a big raise from your previous salary package? These are some obvious questions that HR’s may ask while negotiating a salary package.
Be prepared beforehand with answers which can justify your salary expectation.
Here is how you should answer such questions:
Stress upon your professional achievements & highlight their impact.
Talk about the average market package offered to professionals with your kind of professional experience.
Identify your expertise in key skills required for that specific job & how does it make you stand apart.
Highlight awards or appreciations which you may have received for a project which may be relevant.
4. Be To the Point
While negotiating salary with HR, keep the conversation to the point & precise. Do not beat around the bush. Put your facts across & reasons why you expect the desired package.
5. Negotiate, Don’t Bargain
There is a huge difference between negotiating a salary offer & bargaining a price. Negotiating a salary with HR or even negotiating a salary over a phone is purely a professional conversation, don’t at any point make it a shopping bargain.
Every employee should know how much salary package to ask for, so should every employer know how much to offer.
Looking at parameters, facts & skills, both parties should come to a common package in the most professional environment.
6. Don’t Be Afraid To Take Decisions
Rather than accepting a package half-heartedly, it is better you let it go. We have a reason to say so!
It’s mostly seen amongst employees that if they aren’t happy with the remunerations, they end up being unproductive, thus negatively impacting their professional growth.
Hence, if you aren’t convinced with the salary package offered, don’t be afraid to walk away from an offer.
Leave a Reply