Whether you already have a job or are about to accept one, it is important to be able to negotiate the best salary possible. Here are some tips to help you get the salary you want.
"Express your excitement for the position and for the company, but don't forget the many great qualities you will bring to the job! You have a great background, including your NIU degree, that will benefit your future employer." -Bethany Cockburn, associate professor, Department of Management
Find out what others in similar roles are earning to help you know how you should be paid. Apply this to your current level of experience for the most accurate idea of what to expect.
Salary is just one part of what you receive as an employee for a company or organization. Benefits you should know or ask about include:
Knowing what benefits matter the most to you can help you negotiate a salary based on your needs and wants. Note: Employers who offer benefits may offer a firm salary range as a result.
Take some time to think about the best way to make your case to your employer.
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Practice your pitch – whether it’s alone or with a friend, partner or family member – to make sure you say what you want to say during the negotiation. Ask the person you’re practicing with for feedback and treat the practice sessions like they’re the real thing. You may even consider recording yourself to see how you come across to make any adjustments that might be needed.
Make sure your employer knows your value. Here are some ways to show a physical sense of confidence during your negotiation:
Negotiation isn’t about creating conflict; it’s about resolving it. Make sure to maintain a sense of kindness during the process.
Your employer likely will counter your initial number with a counter-salary offer, so it is wise to start negotiations by requesting a salary higher than your target amount so you can negotiate down to it. Make sure the minimum offer will cover your current expenses. Also, be the one first to suggest a number so you can set the terms of the conversation.
Stay firm about your goals during the conversation to show your employer you are serious about what you’re asking for. Encourage them to meet your target but be flexible in finding a solution that works for both of you. Being willing to make concessions in some areas may help in the negotiating process.
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