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Career Building Articles |
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Closing the Deal Negotiating salary is something most people don't do well. Most of us are afraid to ask for too much or don't know what is negotiable. Read on to learn what to ask for when accepting a job and how to ask for what you want. Many candidates ask, "Besides the salary, what's negotiable?" The answer is that potentially everything is negotiable. And if that's true, then what should you ask for? First of all, what is negotiable depends on the company with whom you're interviewing. Sometimes the salary is negotiable; sometimes a sign on bonus or stock options are negotiable. Sometimes you can ask for more time off, a different title, a different start date so you can take time off between jobs, training and development opportunities, etc. One of the keys to effectively negotiating job offers is to know what you want. As it goes in life, if you don't know what you want, you probably won't get it. That said, get very clear on two things: What the company offers and what's important to you. Questions to Ask Before Accepting a Job: What are the benefits?
Some less typical benefits that may or may not be important to you: Learning the details of what benefits the company offers can be difficult during the interview process. If this is important
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![]() to you, be persistent and be sure that you understand the benefits before accepting the position. Once you know the benefits, for what do you negotiate? That depends. What you ask for depends on what is important to you. The following suggestions assumes that you want the job - you are interested in the work you'd be doing, the commute is acceptable, you like the company, and think you'll fit into the culture. If all of those conditions are true, proceed. If you are offered a salary you think is fair and you are comfortable with the benefits, accept the job. Don't ask for more just to see if you can get it. This is a game and may diminish your relationship with your hiring manager and/or whoever is making you the offer. If you are not satisfied with the salary, ask for what you really want. Your asking price should be realistic. How do you determine if the salary you're asking for is realistic? Every job has a price that the market will bear. Meaning, the company has determined how much they think the job is worth and what they'll pay for it. If you exceed that figure, you most likely won't be given the amount you've asked for. You can determine the typical salary range for the position by asking people who are in the same industry what such a job usually pays, or by searching for similar jobs on Monster, Hot Jobs or CareerBuilder. If you cannot get the salary you want, ask for other things. This is where it becomes key to know the benefits the company offers and what is really important to you. Let's say that the ability to work from home once or twice a week is very important to you. That's something you can negotiate for. In fact, that flexibility may be worth more to you than a higher salary. Or let's say that you really value taking time off and the company only offers two weeks of paid vacation. Ask for three. If you're told no, you can ask for the time off unpaid. Or if you know you want to get an advanced degree or take some training, ask for money to do that. Whatever you negotiate for, ensure it is included in the terms of your offer letter. "If I ask for more than I'm being offered, won't I offend the company? Will they retract the offer?" This is another typical question job seekers ask. The answer is no. If you make realistic requests, do so respectfully and explain why you're making those requests, you won't damage your relationship with your future employer. You may not get a yes, but they won't retract the offer. Lastly, the time to make requests is before you accept the offer. Once you take the job or once the company knows that you plan to accept the job, you have no negotiating power. So ask for what you want before you take the job and know what your deal breakers are. If you absolutely must have three weeks off each year and the company only provides two and is not at all flexible, be prepared to walk away. Let's review:
The keys to successfully negotiating job offers are:
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