Tuesday, June 30, 2020
How to Negotiate salary
How to Negotiate salary by Michael Cheary Interview success isnât just about how well you answer the questions⦠Of course, selling yourself to a prospective employer is vital in helping prove youâre the right person for the role. But you shouldnât forget that an interview is a two-way process and part of that is ensuring youâre getting paid the right amount for your services.Weâve already covered how to negotiate a payrise, but hereâs our guide on how to negotiate salary at an interview:Youâre interviewing the company tooFirst thingâs first: you need to remember that your interview isnât all about you.And no matter how badly you want the job, thereâs a reason the employer advertised it in the first place. Theyâre searching for the right person to fill one of their roles, and theyâre often looking to sell themselves to you as much as you are to them.In other words, you are under absolutely no obligation to accept any offers on the table. Go in with a clear idea of what yo u think youâre worth, and use that as your benchmark.Remember to do your research Knowing what youâre worth doesnât just come down to own abilities. You need context.So before you start putting a value on your services, always make sure you do your research. Whatâs the average pay for your position? What are salaries like in your location? And how big is the business youâre looking to work for?Knowing the answers to these, and other similar questions, will help you get that magic figure in mind.Thereâs a pay scale for a reasonNewsflash: most salaries arenât set in stone.Even if a figure is stated in the job description, most jobs come with an unstated pay scale that the employer considers appropriate to different skillsets and levels of experience. That scale may be quite wide, and the difference between the top and bottom levels could potentially be by as much as several thousand pounds.In other words, if you feel as if the salary (or minimum salary) on offer doesnâ t match your level of expertise, itâs perfectly acceptable to ask for more. Just make sure youâre able to back up your demands with your relevant achievements and experience.How to negotiate a job offerSell yourselfYour prospective employer might already have a salary in mind when you attend the interview, but that will be based solely on what theyâve read in your CV.Now that youâre face-to-face, itâs your chance to really shine and demonstrate why youâre such a good fit for the job and, therefore, worthy of a salary at the top end of the range.So throughout the interview, always aim to demonstrate your accomplishments with as much context as you can. It may sound obvious, but with the right amount of confidence and passion around what youâve achieved, youâll constantly be able to demonstrate the value your hire could have.And always quantify what you say. No exceptions.When to bring it upOK, so thereâs nothing wrong with talking about salary at an interview. But itâs all about picking the right moment.In most cases, you can use your actual interview as the guide. Some employers may want to go straight into talking about numbers. But the best approach is usually to allow some time to build up rapport, and relax into it â" not to mention give yourself time to adequately sell your skills.Generally speaking, discussions about salary take place towards the end of the interview, just before youâre asked to offer up any questions of your own.And if they do bring it up early? Donât shy away. State how much youâd realistically be looking for, and why you think that figure is right.Should I ask about salary at my interview?Donât just think about the moneyFinally, never think of salary as the be-all and end-all.There are numerous other incentives which may be offered as part of the package, such as bonuses and commission, childcare schemes, subsidised transport and paid learning and development. Although some of these office perks might no t be deal makers, they could still go a long way at improving your financial position.And it isnât all about the money. If the opportunity is right for you, taking a slightly reduced salary in the short term could pay dividends when it comes to your career. Once youâve built up a good level of experience, youâll then be in a much better position to push for higher earnings.Looking for a job with a better salary? View all of our current vacancies now.
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