How to Negotiate Salary

Picture this. You have kept your fingers crossed on the d-day. It is the day of your final job interview round and you have prepared well for it. You go there and it is a smooth sailing for you all the way. The final discussion with the going to be boss and the human resource executive is left and once you have done well in it, your job is as good as confirmed. You go in and after a few questions you are asked about your salary expectations and told about the package. The package they offer you is not enough to make you happy. You are not content with it.

I am sure then, in such a scenario, you will try and negotiate, most of us will do. But do we really know how to negotiate a salary and those minute tricks and tips of getting exactly what we want? I was rummaging through this topic on the Internet and I found some really useful and interesting things regarding the same. I thought why not share about salary negotiation with others sailing in the same boat?

How to Negotiate Salary for New Job?

To start off your negotiating spree, a bit of research about the company and the market value of the position you are interested in. Knowing your worth and what you deserve too is very important. Here is what you can do.

Don't Let Them Know
Keeping some things to yourself and spilling the beans at the right time is essential. The point is when you write the cover letter avoid mentioning the salary amount in it. Works both ways. Your application is not rejected because you have asked for a lot money, for starters. On the other hand, if the prospective employers have a good package for you, more than what you are expecting, you do not lose out on that.

Diplomatically and Politically Speaking
Till the time you are sure to get the job, be diplomatic. Even if you are asked about the salary, politely and adroitly change the topic or ask for it to be left for later. This will give you the advantage and you will call the shots as you will know then that they have offered you a job. The employers will at least need to consider the deal and you can negotiate the salary offer.

Don't Jump and Blink
Don't jump with joy if the offer is great or blink if the offer is low. See what is the deal and how is it presented. Listen to what salary and the overall package is. Nod and make it clear that you are giving an intent hearing and consideration. However, avoid saying anything at that juncture. In the moments of you considering the offer, if they have given you a flimsy offer, the offer can surely get better in those few moments.

Haste Makes Waste
Avoid rushing into things. Think of all the aspects associated with the job and the overall inklings you get from it. Even if the offer is lucrative, give it a thorough thought.

Once you have done your homework with these basic things and have got to know about salary ranges for jobs, other things will automatically fall in place. Still, here are some tips on salary negotiation.

Some Negotiation Tips

These are some last minute tips before you go into that intimidating room where your prospective boss might be stationed!

• Politely decline the offer if it is unsatisfactory. At the same time be eager and enthusiastic.
• Get to know about possible perks and benefits and tricks to increase your salary.
• Lying about the past salary is a big no no.
• Make sure you make them understand how capable and qualified you are for the position, without being over confident and snobbish.
• Always negotiate face to face and never in any other way.

Last, but not the least, a cardinal rule in the art of salary negotiation is to believe in yourself and be open!

It is all about getting to understand every aspect of the package. Believe in what you deserve, but till the end, don't let the employers know what you are thinking about! All the best!