How to Negotiate Your Salary for a New Job

You nailed the job interview and got offered the position”woohoo! Landing a new gig is exciting, but when it comes down to talking about money, some people feel uncomfortable. You dont want to sell yourself short, nor do you want to risk losing an opportunity by making over-the-top demands.

According to CareerOneStop, an employment information source sponsored by the U.S. Department of Labor, its best to wait until after an employer offers you a job to discuss pay. To help prepare you for that conversation, CareerOneStop provides the following tips for negotiating salary and finding a win-win solution:

Evaluate the Offer Wisely
Make sure you have a clear understanding of the job description. Note your reporting relationships, authority and advancement potential.

Find out typical pay for the type of position. Unless you have an outstanding qualification thats unusual in your field, your expectation should match the typical pay for your level of experience in your location.

Remember that salary is only one part of job compensation. Better benefits”like flexible schedules or excellent health insurance”often make up for a lower salary.

Identify your own salary needs according to your household budget so you know the salary you can afford to accept.

Consider the job offer in terms of your long-term career goals, the work environment and the benefits. Talk it over with someone you respect. Make a list of the pros and cons of the job offer.

Communicate Effectively
Begin the negotiation with reasonable requests. Be willing to accept compromises like receiving additional benefits in place of a higher salary. These could include tuition help, training, more vacation time, a flexible schedule, stock options, a company car, onsite daycare, parking privileges, etc.

Listen carefully. If the offer is less than you expected, let the employer know that. State that youre still interested in the position if the employer wants to reconsider the offer.

If youre uncertain if you want the job, state that youd like to discuss some items before you can accept the job. Suggest meeting again to talk about the offer.

Negotiations should never become emotional or hostile. Negotiate using your value, skills, experience and education, not your need for the job.

Understand the Rules of the Game
Don’t assume the first offer is fixed. Even if the employer tells you it is, it typically isnt.

If the same figure is offered a couple of days later, it probably is the last offer. In that case, you can ask for a salary review in six months. Or, you can turn the job down, asking that the employer keep you in mind for future openings paying more money. If you do this, remember to leave on good terms.

Even when saying “no,” leave the door open to negotiation. However, dont use this as a trick to negotiate a higher wage. When you say “no,” be ready to lose the job forever.

When you reach an agreement with an employer, request it in writing. Review it carefully.

Published with permission from RISMedia.


Back to Blog

Latest Posts

  • Selling Your Home: A Seasonal Guide for Smart Sellers

    Make the most of every season! sell your home now.

    Read more
  • Thanksgiving in America: Unraveling Myth and Reality

    Thanksgiving in America!

    Read more
  • 8 Home Improvement Projects That Add Value to Your Home

    When it comes to enhancing the value of your home, you don’t need to break the bank or get into huge debt. There are plenty of improvement projects that add value to your home. These can make a substantial difference within your budget! In this article, we’ll explore eight accessible and cost-effective home improvement ideas […]

    Read more
  • A Simplified Guide to Finance Your Home

    Through this article, you will find A Simplified Guide to Finance Your Home. Everything will be according to your special situation. Let’s find out together! Buying a home is a major milestone that many people aspire to achieve. However, navigating the process of homeownership can be overwhelming, especially when it comes to financing your new […]

    Read more
  • The Spooky Origins of Halloween: A Journey from All Hallows’ Eve to Home Sweet Home

    Hello, dear readers! As a dedicated real estate agent, I’m here to share a bit of Halloween magic with you today. While Halloween is mostly associated with spooky costumes, trick-or-treating, and haunted houses, there’s a fascinating history behind this beloved holiday that dates back centuries. Let’s take a journey into the origins of Halloween and […]

    Read more
  • 10 Items You Can Declutter Right Away

    Clutter is the bane of a well-curated home. Its all too easy to let unnecessary objects pile up in your home. These 10 items are so easy to say goodbye to, you wont believe you ever let them stay in your home in the first place. Expired Toiletries Makeup, lotions, and other toiletries can begin […]

    Read more
  • 3 Kinds of Subscription Boxes Your Family Needs

    When it comes to running your household, theres no doubt that nearly everyone could benefit from a helping hand at times. With all of the work involved to ensure that your day (and your familys) runs smoothly, theres no shortage of chores and planning involved. Make your tasks a little easier by using one of […]

    Read more
  • 3 Tips to Design a Meditation Space at Home

    Here are three tips for designing a meditation area at home. Pick the Right Location All it really takes is a small room or quiet alcove, however, if you have a tranquil view to help you settle into a relaxing mindset, thats certainly a bonus. Create a Zen-Like Atmosphere A simple cushion or mat where […]

    Read more

Join us

Edit Search

  • Email Updates
  • Only Update me On
Close
Email Sent! Your email was sent successfully
Close
Register
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    When are you looking to purchase?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need assistance with financing?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need to also sell your property?