When your job search is over and an offer is in front of you, it’s understandable that you may feel uncomfortable requesting more money. You don’t want to risk the opportunity now that you have made it this far, especially if the pay is already fair.
The majority of recruiting managers will allow you time to consider the offer and won’t anticipate an immediate response. So here are some suggestions on how to politely and confidently ask for what you want when negotiating your salary.
Learn about Compensation Trends in Your Industry
You should go into a pay discussion as well-prepared as you can. Your best ally is information. Be sure to research the current, accurate picture of the compensation environment in your field.
You can modify national values for your location by looking up the market rate for your position and experience level.
Present Your Case
Don’t automatically raise your counter offer after you’ve received the salary offer. You’ll have greater success if you explain why you believe you deserve more, even if the study backs it up. Highlight your advantages and all the extras the company would receive from hiring you.
Write out specific instances of how your experience and skills will improve your new company’s bottom line before you negotiate your wage. Don’t forget to highlight any credentials or particular technical talents you may have since they can improve your capacity to perform the job.
Discuss the Included Benefits
Sometimes concessions on employee perks and benefits are made during salary negotiations. It could be less expensive for the employer to compromise on additional vacation days, flexible work schedules, or, especially in the modern workplace, a work-from-home schedule than a pay raise.
Think about what is important to you and what might enhance an offer. Comparing benefits like health insurance, retirement plans, and other perks side by side when weighing different offers is important.
Work on Your Presentation
Asking a friend or mentor to practice the conversation you’ll likely have with the hiring manager with you may seem like overkill to some people, but it’s an excellent idea.
A business-savvy person who can train you on projecting confidence and responding to unexpected queries is the ideal companion, ideally from the corporate sector. It can help to practice your delivery numerous times before the salary talk so that you feel more confident.
Confirm Everything in Writing
Ask for written evidence of the remuneration package after you and the hiring manager have reached an agreement. – This will usually come in the form of a written offer.
Along with the salary, it should also detail any unique agreements, like a signing bonus or allowance for moving costs, as well as a job description and a list of duties for your new position.
Make sure the employer and you both sign the contract. If not, ask for some sort of informal documentation. Some employers may automatically include this as part of an employment contract.
Work with a recruitment specialist.
Working with a recruitment specialist to obtain your new position will undoubtedly make this an easier task. The recruitment specialist has likely worked with the company prior and as such has a solid relationship and understanding of their needs. Giving some positive feedback to your recruiter and outlining your worth to them can often lead to them obtaining additional remuneration of your behalf.
Conclusion
You must request a higher starting wage if you want to receive one. Too frequently, job seekers take the first offer that is made to them.
Employers, however, are keen to add team members with the particular skills and expertise that can benefit them best, regardless of how strong or unpredictable the economy may be.
AJ Connect is the UK’s leading construction, finance, and digital marketing recruitment agency and consultancy. Over the years, we’ve placed hundreds of people across our specialisms and worked with start-ups, multinationals, and everything in between. Contact us today to learn more.
AJ Connect believes the best people make the biggest difference. That is why we work with Direct Partners, building teams and shaping futures through providing equal opportunities and developing your inclusive diverse workforce.
For more information visit www.directpartners.co.uk