Negotiating your salary can be easy, especially when being hired at a new company. If you want to secure the paycheck you deserve and negotiate a higher salary, you’ll definitely want to read this article and follow the tips we provide here.
First, you’ll need to have the right mindset and a good understanding of how much your position gets paid on average. You’ll also want to time your approach properly, which is something we’ll teach you how to do
In this article, you’ll learn how you can get the most out of negotiating for your salary and earn better pay when getting hired at a new position.
1. Research Comparable Salaries
Before your interview, do some research to find comparable salaries for the job you’re applying for. This is important in setting a baseline for your negotiation and recognizing how much others are being paid for similar work.
Don’t be afraid to reach out to recruiters who know the market better than you or other professionals with experience in the field. These individuals may not be willing to share personal information about their position, but many will be happy to share ranges and other general information about the position that you may not already know.
You can also network on LinkedIn and reach out to others with similar jobs to learn how much they’re earning and what you should be asking for
You can use online salary calculators to get an idea of what your salary might look like. Here are a few websites you can use to determine your appropriate salary range:
- GlassDoor – A great site for finding salary ranges and company reviews written by real employees or ex-employees.
- Salary.com – This website provides information about salary ranges based on location criteria.
- Indeed Salary Calculator – Indeed offers an amazing tool that helps you calculate an estimate of what your salary should look like based on title and location.
When discussing salary, offer a range that you can be comfortable with when settling. When thinking of what to suggest, your bottom number should be the minimum you’ll be willing to work for
Negotiate Your Salary at the Right Time
The best time to bring up your salary during a multi-step interview process is when you get the call to set up your second interview. If you wait too long, you may be spending too much time with a job opportunity that isn’t offering what you’re willing to settle with
Be sure to bring up the topic of salary in a courteous and polite manner. Many times, your recruiter or hiring manager will look out for your best interests and help you settle on a salary you deserve, so look to make this person a companion in the hiring process.
When bringing up a number you’re comfortable with, make sure to provide a range so you have some flexibility to negotiate–many times, companies will be willing to offer additional compensation if you’ll be required to move to a different location or you’ll be needed additional accommodations to perform your work with efficiency.
Come to the Interview with the Right Mindset
Making sure to have a good mindset when going into an interview and negotiating your salary is important to make sure you arrive at a number you’re going to be happy with.
First and foremost, you’ll want to think of yourself as a valuable asset to the company. Look at your skillset and consider what you bring to the table. The company hiring your needs your services because you bring expertise they’re in demand for–make sure to value yourself when negotiating your salary.
Negotiate With Confidence
When the time comes during your interview to talk about your salary, don’t be afraid to have an honest discussion with your hiring manager or recruiter and negotiate a salary you can be comfortable with.
If you’re looking for more career tips, you’ll find a handful of valuable resources in our resource center.
