Negotiation For Pay: Effective Ways To Negotiate Your Salary

Written by Bob Stanley Jun 07, 2009 www.jobsarticle.com

Almost half of the jobseekers and employees are embarrassed to be the first to raise the pay issue even though in reality they are unhappy with the salary they are offered or salary they are currently receiving. But, negotiating your salary is not that difficult as long as you tackle it professionally. Nowadays, salary negotiation is generally discussed during job interviews.

Ideally, the first person to raise this sensitive issue is the employer (interviewer). Before laying your cards on the table of what you are willing to accept, ask the employer how much he/she is willing to offer. But, if that is not the case, do your homework. Ask around for the salary range of employees with the same position and industry you are applying to. You should be familiar with how much employees carrying out similar roles and responsibilities are being paid. The culture and attitude of different employers vary, but at least you have an idea of the prevailing market rates so in the end you will never feel like you are the injured party.

It is also essential to find out as much information as you can about the company's financial situation and capabilities. Of course, if you are applying in major companies, you can demand or ask for a higher salary. But, if you are thinking of applying to positions in charitable institutions or small and medium enterprises, then your chances of getting a higher compensation is not that great.

If asked about how much you are currently earning, politely avoid answering the question. I always believed I was paid fairly and I was happy with my compensation, but at this point in my career I'm looking for new challenges. It is a good idea to be honest, but no need to limit yourself by telling the interviewee your existing one.

In many cases, if you will be asked what sort of salary you are looking for, you could tell your prospective employer that you need more detail of the role you are going to engage in the company. If pressed with time, it is fine to tell the interviewer that you need time to think about the ideal salary range, and then move the conversation along.

Most importantly, when you negotiate about the pay, negotiate for a win-win situation with your employer. A good negotiation is a discussion in which both parties understand and respect each other's position and responsibilities. It ends when all parties feel that their concerns are heard and their needs have been addressed well.

Job Info , Jobs Sources , Career