Negociating salary

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