Salary Negotiation Tips From CV Writing Service
One of the common reasons why people change jobs is because they aren’t happy with the salary. If you’ve reached a ‘glass ceiling’ in terms of salary (or suddenly discovered that your income is below the industry average) and the company offers you neither a raise nor a promotion, it’s time to start looking for new opportunities. To find a better paying role, you need to significantly reorganize your resume. Attractive design, neat formatting, track record of successes and quality writing all contribute to the first impression your resume makes. If your current resume isn’t exciting, contact our IT resume service for professional CV writing and we’ll change your resume for better. Whether you are pursuing a career change or want to continue your current line of career, we know how to reflect your qualifications and skills under the right angle and make your resume appealing for the hiring managers. With a strong resume at hand, you’ll feel more confident during your interviewing process and salary negotiations.
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How to negotiate salary – CV preparation service advice
- Do a research in advance
Half of your success during salary negotiations depends on your willingness to come for an interview well-prepared. In particular, you need to be aware of the salary ranges both in this company and the industry in general. Go to Payscale.com, Glassdoor.com and similar resources to browse the figures. Having educated yourself on realistic salary levels, you’ll be able to formulate your salary expectations and minimize negotiation stress. You won’t be afraid that the amount you request will sound unexpectedly big or too small, as you’ll know the big picture in terms of salary.
In addition to desired salary level, think of the benefits and extras you’d like to get, such as gym membership, education or free lunches. Knowing what you’re after won’t let the hiring manager confuse you and agree on worse terms than you had expected.
Salary isn’t the only question to clarify before accepting a job offer. See what other questions you need to ask before saying “Yes” to the job: https://resumeperk.com/blog/11-questions-to-ask-before-accepting-a-job-offer.
- Don’t get to the point too early
Whether you are on in-person interview vs Skype interview, the golden rule is not to discuss salary straightaway. Ideally, wait for the interviewer to bring up the subject which typically happens at the end of the interview. Discussing money too early when you haven’t proven your value and your fit for the employer is a poor tactic which can even eliminate you out of consideration.
- Negotiate the first offer
There are two possible scenarios of salary discussion – when the hiring manager says you the number and when you’re the first to articulate your expectations. In both cases, keep in mind that the first number isn’t the final word for what you’ll make but an opener for negotiation. If you don’t have much experience negotiating salary and proving your value, you’ll be more comfortable if the interviewer gives their offer first.
Let’s assume their number is $57K while your expected salary is $61-63K. In this case, articulating your real expectations can be scary as it might eliminate you out of the pool of candidates. So, you need to highlight your fit and your enthusiasm and ask them whether it is possible to get a slightly higher salary of $62K. If they offer the amount in-between (for instance, $59K), wonder if they can offer you additional perks to compensate this.
- Provide grounding for your salary requirements
If you are serious about negotiating a higher salary than you were offered, you need to prove your value. This is the case when your awareness of the industry salaries as well as the worth of your knowledge and skills will work for you. Don’t just articulate the amount of money you’d like to be paid – explain the hiring manager how you calculated this amount. If you aim for the slightly higher salary than the specialists in your industry typically get, expand on trainings and advanced degree that you have as well as the most significant accomplishments from your previous roles. You need to prove that you are worth bigger salary, as telling them the number without proper reasoning can lead to rejecting your candidacy.
Our online resume cover letter help experts state that this approach work for any finance-related issues at work. For instance, if you want to get a pay raise, you need to prove how your professionalism and skills got better over time and provide the results you have delivered.
- Understand your lower point
When you come to an interview with an expected salary in mind, you understand that this number is flexible. However, flexibility has its limits. For example, if you expect to earn somewhere from $77K to $80K and the maximum what the company has to offer is $70K, you should probably turn the offer down, CV writing service online says. It’s stressful to reject the offer when the competition is strong; nevertheless, knowing that you are paid under your real market value serves as the stronger stressor in the long run. And if you were objective when defining your market value, a new offer will be forthcoming.
Finding your new job takes a while? Learn how to budget and to ends meet: https://resumeperk.com/blog/money-money-money-how-to-make-ends-meet.
- Don’t say “Yes” too quickly
Even if you like the job and the salary offered is within your expected range, don’t hurry up to say “Yes”. Remember that final offer is still negotiable, especially if they liked the candidate.
So, when given an offer on the specific terms, don’t accept it right away. Take a day to think it over and then try getting this job on better terms. If you are being interviewed by several companies at a time, let them know that you already have an offer – this will make you look more attractive and maybe they’ll give you a better proposition.
- Negotiate benefits
If the company didn’t offer you the desired salary but the job looks attractive, try compensating the difference by negotiating a little more perks and benefits. The budget for the position can be limited, whereas the company can be much more flexible in terms of extras. Additional holidays, gym memberships, free lunches, training opportunities or possibility to work remotely won’t cost that much for the employer but will add up to your loyalty – especially if you manage to negotiate benefits which are important particularly for you.
Working for significantly lower salary isn’t worth it in the long run. Nevertheless, if the company gives you an opportunity to learn and grow and compensates the lower income with extra holidays and free trainings, it’s worth it.
- Don’t be afraid
Many qualified professionals feel underpaid and frustrated due to this simply because they feel uncomfortable talking about salary. They are afraid of rejection or the fact that the company will hire someone who didn’t ask for more money. Think about this: the worst thing that can happen is that hiring manager will say ‘no’. If you fail to negotiate the amount you want, at least you’ll know you tried. Moreover, as we said before, you can negotiate more extras to compensate for money and this can be a huge plus for you as well.
Some hiring managers encourage salary negotiations, as the candidates who are willing to discuss the amount of money they’ll be paid display confidence, communication skills and ability to work well on the team.
Salary negotiation is definitely worth it – use our advice above to feel more comfortable when you start to talk figures. Remember to keep the negotiation on a positive note – you still need to make a good impression, even when negotiating for more money.
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Have you ever negotiated the offered salary during the interview? Did you succeed in negotiating the paycheck and benefits you wanted?