Salary negotiation tips for women and men. It is best not to provide a salary range at the start of the application process. This makes it easier to negotiate a higher offer. Also, see how to counteroffer and when to start the salary negotiation process.
- Is it possible to negotiate a considerably higher salary?
- What are the best negotiation tips for women and men?
- When is the best time to negotiate a higher salary?
Salary negotiation tips
- Negotiating $9,000 at the early stages of your career adds up to a total of $410,000. Let me show you how.
- Most managers expect job applicants to negotiate their pay and benefits.
- Many employees do not negotiate because they worry that asking for more money may make them seem greedy and they may lose the job opportunity.
- Also, some of those who are currently unemployed feel that they are not in a position to negotiate, even though many others successfully negotiate.
- Delay salary discussions until you receive an employment offer. As discussing remuneration too early can reduce your chances of securing the job offer.
- Research what you are worth in the marketplace. And use this as a benchmark.
- Don’t underestimate your worth.
- Ask for more than you are expecting and then negotiate.
- Start with the base pay. Agree on the base pay. Then start discussing benefits. Prepare a list of additional benefits that you can ask for, as your employer may only be willing to offer only certain benefits. Additional benefits can be stock options, car allowance, additional development and education, additional insurance … etc.
- Do not negotiate everything at the same time. As you will miss out.
- Also, if you are currently working, it is best not to resign, unless you have to. As you will be in a better position to achieve higher compensation.
- A salary increase letter or email is not needed in most cases,
Some of the areas that my clients ask assistance with:
- How can I ask for a higher pay raise than what I was just offered?
- Are women paid less than men?
- Do we women have to negotiate more than men to achieve the same salary increase?
- How to choose between 2 employment offers.
- Should I mention at the initial interview that another company is about to make me a job offer?
- How to answer what is your expected salary, at the interview.
- Does more salary negotiation by women help reduce the pay gap between women and men?
- Can I ask for considerably higher remuneration because I have more than one offer?
- If my manager offers me a low pay raise, can I ask her manager for a higher pay raise?
- Can I negotiate relocation expenses in addition to the pay increase that I just received?
Let me work with you to negotiate a higher salary
- I provide detailed coaching and training to cover many different scenarios. This will prepare you for all the possibilities.
- Assisting women and men in different industries and at different levels. Including Executives, CEOs, Directors, Senior Managers, Data Scientists, Software Engineers, Machine Learning Managers, Tradespeople and Entry Level University Graduates.
- I provide training and guidance on how to achieve a higher counteroffer and how to re-negotiate terms of contract. Also, how to re-negotiate the highest compensation.
- Assisting clients worldwide, including clients from Australia, USA, Japan, NZ, Argentina, UK, Canada, Singapore and Ireland.
- Employees who change jobs more frequently and negotiate each time, usually make considerably more than employees who don’t.
How do you negotiate a higher salary?
- Prepare for pay negotiation counteroffer. Also, practice several scenarios with a mentor or coach.
- You can practice different negotiating scenarios outside the workplace. The more training that you have, the easier it will get.
- Delay disclosing your current pay during the initial interview.
- If you are earning less than their budget, you may miss out. But if you are earning higher than their budget, they may eliminate you.
- Let the employer decide to hire you first. Then discuss remuneration.
- By having an alternate employment offer, you will be in a stronger position to achieve an even higher salary than if you only have one offer. As you will be much more confident. This is applicable to both women and men, at all levels and in all industries.
- Make it clear that you are genuine in your intention to join the company. And not to simply get another company to increase their offer.
More salary negotiation tips
- Always negotiate after you receive the employment offer. But before you accept the offer.
- Be decisive and very serious in your moves.
- If you have two employment offers, you can re-negotiate even more. However, be genuine in your discussions.
- When asking for more, you are not asking for a favor. On the contrary, you are asking for what you deserve.
- Don’t use your current pay as a basis for future pay negotiations.
- Practice being assertive and diplomatic, but not aggressive.
- Don’t expect to get a high pay raise to make up for a low starting pay.
- Depending on your personal circumstances, if you can’t achieve a remuneration package that is acceptable to you, you can politely reject the offer.
- It is best to negotiate face to face or on the phone.
- Do not send a salary negotiation counteroffer letter. Unless asked to do so.
- Show your interest as soon as you receive the offer. But it is best not to answer right away. Let them know that you will get back to them after two hours. Be prepared by going through my 3 counteroffer examples.
I’ll be adding more counteroffer tips and how to re-negotiate terms of contract. In addition to why not to send a salary negotiation counteroffer letter, online remuneration re-negotiation coaching and procurement negotiation training.
Also share these salary negotiation tips for women and men.
KMD-Solutions is based in Sydney, NSW, Australia.