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Article #1: Negociating salary

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Money! That's what this is all about. renegotiate your salary package. You're
Unfortunately business owners don't hire taking a little of the risk away from
you simply to give you their money. The them.
surest way to not get a job is to ring up OK - now hang on to your hats - here's a
and ask how much it is paying. The second lateral thought for you: you can always
best way to miss out on the job is to ask get paid on a results basis...
how much you will be paid in the first Depending on the sort of position you've
interview. applied for, if the salary is not up to
Either wait for the final interview or your standard then ask for a share of
until you have received a job offer. profits, increased sales in a certain
Besides, your research of the industry area or a share of savings made. If the
should already give you an indication of company is spending $50,000 in a certain
how much to expect. area and you can save them $15,000 (for
How to ask for more example) you could ask for a one-off fee
Once you've been offered the job it's now of half the savings ($7,500). (After all,
time to talk money. Depending on the job they're better off by $15,000 every year
you've applied for and the organization because of your idea.)
there may be no room for negotiating. You The same thing could apply if you can
may simply have to take what's being help to increase sales or productivity.
offered. The two choices open to you in You don't have to be a salesman to do
this case are to put up with it or find a this.
company that is willing to pay more for I remember a story of a secretary in the
your skills. Illinois or Ohio who worked for a sausage
The next section only applies if you making company. She thought it would be
think you are worth more, or want to earn neat to sell sausages by mail order so
more than what you are currently being she brought the idea to her boss. The
paid. boss said OK and she now heads up a
If you were an employer and you have multimillion dollar mail order sausage
$60,000 allocated as a wage for a new business. Oh yes, she gets paid a lot
employee, would you offer the potential more than when she was a secretary.
employee all of your $60,000? Or would Use them as an example for you being paid
you offer them $50,000 to see if they more...
take it, in which case you've just saved If the money they're offering is less
yourself $10,000? than you want or need and it doesn't look
So, keeping this in mind, when asked how like you're going to get what you're
much you were earning in your last asking for, try saying something like
position, answer truthfully and then this:
explain part of your reason for leaving "I've researched your firm and I know
was because you wanted a chance to earn that the widgets you sell and the
more. That you felt your skills and services you provide aren't the cheapest
contributions to the company weren't on the market. Why is that?" They will go
being rewarded hence the reason for you ahead and tell you about their quality
applying to this job. and service and expertise and how it's
It's important to demonstrate early on superior to the rest, etc...
why you think you are worth more. Bring To which you would reply: "Well, the same
up case histories of saving the company thing applies in my case. I'm not saying
X% or increasing sales or service while that other people can't do my job for
you were there. less. All I'm saying is that like you, I
"We were thinking of a salary package of offer (insert your skills & experience
$50,000. How does that sound?" etc... here) and I'm always learning and
You'll hear this when you ask them what improving those skills so that I can be
the salary for the job is or they may of maximum value to you and your
simply say it up front. The 3 ways to customers."
handle this are: Then say nothing and see what follows.
Say NOTHING. This tactic added $50 a week You can always accept what they're
to my paycheck once. OK, that's not a lot offering with a review in 3 months or so
but it's an extra $2,500 a year and I if this tactic fails.
didn't have to ask for it. A good 2 If the company is the cheapest on the
minutes work. The reason this tactic market then you may be in trouble with
works is because people generally don't the example above so you might have to
like silences. When you say nothing the point out that if you can work more
employer can tell that their offer is quickly and efficiently, etc... then
less than you were expecting. By saying you'll save the company money. They may
nothing forces the employer to possibly pay you more for that.
make another offer; an offer a little The last resort..
closer to what you had in mind. If all else fails and they won't meet
Explain that you were earning more in your salary expectations, don't take the
your last position and would expect at job. This might get them to pay what you
least that. If that doesn't apply to you, want or else it won't. The fact is you
tell them the salary you want plus a few have to be happy with the salary you're
thousand dollars more. The reason for being offered otherwise there is little
this is -- if you ask for too little you point in working there is there?
can't negotiate up, you can only get what If you can show the employer why you're
you've asked for or negotiate down. worth the money and they can see that
You've got no room to move in. But, if there is no way you'll do it for less,
you ask for more than you want you have refusing the job may be what it takes for
room to move down. Chances are that you them to meet your demands. It shows them
may get what you asked for which is more that you are serious about what you can
than you originally wanted. do and the money you think you're worth.
Accept the offer on the condition that If they think you are being unrealistic
you meet again in 3 or 6 months for a they'll let you go. Maybe one of their
wage review. Explain that you have skills competitors will appreciate your skills
that will really benefit the company and and pay you the money you want.
you are willing to work for less than you But remember this: You don't get what you
would ordinarily accept on the proviso deserve. You get what you negotiate.
that in X months time you meet again to






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