Are you uncomfortable when negotiating pay?
You get a dream job and the only barrier left in the way is salary negotiation. Many successful interview candidates get tense when they think about discussing the pay scale with the employer. Many think that this discussion would throw them out of the race for job position. This is not the case. Negotiating salary does not indicate that you are crazy or over confident. It is a part of hiring process in most organizations.
There are a few things which you need to know before salary negotiation. When you get a job offer be smart to send an appreciation letter or email to the employer or hiring manager.
- If you are selected for a particular job position, make sure that you research about the job industry and the hiring company. It is better to have an idea about the pay scale of the company before hand. You can give a more realistic figure when an employer asks you about the expected salary.
- Do not propose numbers. You should wait for the employer to ask you about the expected pay. Employers are keen to retain the ideal candidate for the job and they want to see them join their work force. There is a fair chance that you get paid the amount you want.
- Be confident and know your skills. You may have skills that are not particularly needed for the selected job position but would be of help to the employers. For example you may have expert computer skills but your job demands basic knowledge. During the hiring process you will be asked about your previous accomplishments. It is better to note down all the accomplishments and achievements at previous jobs to present at the time of new job interview.
- You need to be flexible. Give a range that is acceptable to both you and the hiring managers. You can then negotiate the exact salary. Do not make a rigid offer. This gives a bad image and you may even lose the offer because the employers may consider you non affordable.
- Be sure to ask about the fringe benefits. Many candidates emphasize on the money. Perks such as company car, medical insurance, leaves and vacation, bonuses may cause you to settle with a lower pay than you expected.
- Many first timers settle for what ever is offered to them due to fierce competition in the job market. If you are doing a job for the first time you can impress the employers by your skills and even get a higher pay than what is given to the fresh candidates.
Finding a good job with excellent pay and befits is a challenge. You should know what you are worth. Be sure to go in for a job that best suits your skills. Experience of negotiating a pay will help you with your next job.
Any questions contact HRsupport@signaturestaff.com.au and also have a look in our HR Resources section.