Rohit Vashisht
After all, salary makes an integral part of your job and this what makes salary negotiation an important skill to have. Your employer will want to control your cost to the company but the onus of proving that you’re worthy of a better salary lies solely on you.
Whether negotiating for perks or trying to secure the right offer in a new company, here are the top salary negotiation tips for you to follow and gain a salary hike. Ahead, we’ve covered everything you need to know on how to negotiate salary.
Decide On A Range But Reveal An Amount
Before you sit on the negotiation table, you need to be head on clear with what you’re asking. You can’t go into the meeting unprepared or else you’ll break the wrong deal without even knowing if its the correct estimate or not. That’ll leave you with no credibility in the future.
So, before going in, decide on a range in your mind and try sticking to it and reveal your amount.
Practice Before The Discussion
If you don’t practice your points and arguments, you are bound to fumble in the meeting. The person sitting on the other side of the table will be well-prepared and you need to convince them that you’re worthy of the amount you’re quoting.
So sit down with a friend and practice this discussion. Let them ask you questions that might get asked in the meeting. This will prepare you well for what is about to come.
Be Confident But Gracious
As you’re going in to demand a raise does not mean you will be inconsiderate or unprofessional while doing it. Walk into the meeting room confidently, express your points with conviction yet don’t be rude.
Carry your game face but at the same time be appreciative and polite while pitching your points. That will get you some additional marks.
Understand Your Leverage
It is important to know your leverage while communicating salary. Which is to say, measure your worth to your organization.
Your negotiating power will shift with your employment circumstances, therefore it is important to have some effective salary negotiation tips in mind to get a good raise.
If you’re an old and esteemed employee of the company who has through in tough times, you’re more likely to have a higher negotiating power which you can leverage in your benefit.
Be More Objective Than Personal
You’re asking for more money on your merit and you deserve it. So make them believe it.
Reasons like “petrol price has increased” or “I need to cover my shopping expenses” sounds trivial and not legitimate in light of the fact that everybody has these necessities. Clearly your salary needs to cover your basic needs but that’s a different topic of discussion altogether and you need to understand the thin line between the two.
Statements like “I love working for your organisation yet my salary doesn’t cordially matches my responsibilities” are more effective. Are you ready now?
Looks like some sound advice.