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Q: How can I negotiate a better salary?
A: Congratulations. A new job has been offered to you. Perhaps
you want to negotiate for a higher salary. Here are some steps
to follow:
First of all, make sure that you really want the job. If
you do, you can say to the employer, "I really want this job,
I like the job, the company, the people I'd be working with
- there's only one thing that's making me hesitate to say
yes, and that's the salary. If you could offer me, let's say
five thousand dollars more, I'd say yes right now."
Secondly, make sure you understand an employers basis for
agreeing to added compensation. It's not about family needs
or things you want to buy - the basis is your value to the
company. I recommend that negotiations of this kind are conducted
face to face. It's much easier for an employer to say yes
under those circumstances.
Q: Who should bring up
salary?
A: It is in your best interest to have the employer bring
up a salary figure or range first, and then discuss it in
person, or at least over the phone.
Q: What other benefits
should I ask for?
A: Salary is not the only important component of an overall
compensation package. There are many other benefits that you
should consider including medical, eye-care and dental coverage,
vacation, car allowances, profit sharing programs, 401k matching
and stock option plans and many more. It is always a good
idea to ask about the company's benefits program.
Q: When should a salary
discussion start?
A: Salary negotiation should only begin after you have demonstrated
how your skills, education, experience, accomplishments qualify
you as the best candidate for the position.
Q: What is the salary
range for my career?
A: There are many resources that enable you to identify what
your salary range should be.
Q: Aren't employers really in the driver's seat when it comes
to the job market?
A: Actually nobody's in the driver's seat when it comes to
the job market. It's true that you need a good job, it's also
true that the employer needs good employees. They have a need
and you have a need. Nobody is in the driver's seat.
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