How to negotiate a higher salary after a job offer?
Your focus should be more on negotiating a better salary. It does not matter when you last negotiated for a better salary if you think the amount of work you provide is not being reflected in the compensation you receive, it’s time for a raise!.
When this time arrives, it’s vital to approach the issue objectively rather than getting nervous or scared. This blog will cover the basics of how to negotiate a higher salary, how to find out your value, and the best practices involved in salary negotiations.
Negotiate salary after job offer
- 1. Research your job position salary trends
- 2. Build your case
- 3. Always remain honest
- 4. Do factor in non-salary benefits
- 5. Be courteous and positive
1. Research your job position salary trends
Before deciding on an exact number, you might want to get the facts straight. Google about your job position salaries in your local area. You can check for salary trends from Glassdoor or LinkedIn. It could be just that your skills are in high demand which could open a gate for negotiation.
2. Build your case
If you get confused and start searching for “How to ask for higher salary?”. remember one thing. When asked for your salary expectation by the interviewer, don’t just reply with a number. Instead, you should explain why you feel you deserve more than your current salary. Highlight all of your strengths while explaining to them how much extra they would get by choosing your versatile skills combined with experience.
3. Always remain honest
While negotiating for a higher salary, you must understand that complete honesty is mandatory and always helps you in the long run. Never try to " buff up" your experience or oversell yourself at the interview just to get that hike. Your interviewee will respect you more for showing complete honesty.
4. Do factor in non-salary benefits
Salary negotiations generally include an analysis of employee benefits. Check for extra vacation days, flexible hours or a work-from-home schedule.
Decide on what’s valuable for you and how to make your offer more attractive. If you are having multiple job offers, always remember to compare health insurance coverage, retirement savings plans, and other perks & benefits to make a wise and informed decision. Also look for perks that are beyond compensation, such as the advancement of skills or professional various development opportunities with the potential employer.
5. Be courteous and positive
Most managers hate salary negotiating, more than you would. Your employer is not your adversary and you need to keep that in mind while negotiating for a higher salary. Your goal is earning what you are worth, but your manager will most probably have limitations on what to offer. While discussing, remember to be polite and sharp. If somehow they are not accepting your demands, just answer them honestly and decline the offer. Sometimes, management holds out till the end to make an appraisal, just to check your confidence.