Working for an employer means that you always have to know all the tricks in the book. This means that there will always be times when you won’t be sure about what you should do and how to do it. One of those situations is when employees want to negotiate salary. So, here are some of the best tips you can use to your advantage. It all depends on so many factors, but it is also important to know how to use the circumstances and get what you deserve.
Wait For The Right Time
You can’t ask for a raise if the timing is not right. Just like with everything else in life you have to be very careful about scoring just the right moment. This isn’t only a time when your boss is not angry or stressed out. It means that all the other factors have to be at a good place at the moment. In other words, you have to have done a very good job, proving that you are valuable to the team. That way you’ll have the basics to ask for more. Another thing you should consider is the position that the company is at the moment. If there are several people that have quit or left, they will definitely be scared to lose more, so this can be a positive situation for you. According to experts, the best time to negotiate salary is several months before the company starts planning their budget.
Know Your Value
This is especially important when you are interviewing for a new job. You don’t always have to settle for the first one. During the first interview don’t ask about salary, instead be the best version of yourself. Wait for the interviewer to mention how much they’re willing to pay you. If that’s not what you expected, you can try to negotiate salary. If you are secure about what you bring to the table, don’t settle for anything less. Mention more about your skills and previous experiences, what you can do for them and for the whole company. These will be the main advantages that can score you higher pay. The same thing applies if you’re chasing more money in a company where you’ve worked for a while. Always know the exact raise that you want to get. Once you make it clear that you are expecting to be paid more, mention all your achievements in the previous period.
Do The Research
You have to know what to expect beforehand. It doesn’t matter if it’s your first interview or if you’ve been there for a while. Find out which are the estimated salaries for that position and how they grow in time. When you have all the data, your request will be even better founded. It sure has to be a reasonable amount that fits your skills and experience.
Be Ready To Say No
You won’t always like what you hear. Often the offered amount will be way below your expectations. That is a situation that you have to be prepared for. Although you want to think positive, you also have to be aware that there is a possibility that you’ll have to walk away from the proposal. Determine what is the lowest salary you’re willing to accept and face the fact that you’ll need to say no if it’s any lower than that. There will be more interviews and much better opportunities. That is why it’s also very important to know your worth.