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02-10-2009, 12:13 PM
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Senior Member
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Join Date: Mar 2008
159 posts, read 120,913 times
Reputation: 53
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How to negotiate salary and how to do it right
Hello,
Since I have never done it before, I would like to hear some ideas.
Thank you
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02-10-2009, 12:36 PM
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Ad astra per alia porci.
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Join Date: Dec 2007
Location: Moon Over Palmettos
4,904 posts, read 3,370,925 times
Reputation: 2874
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I assume you are going to negotiate after a job offer...please don't mention this before then, unless you are asked. In the event you are asked, always say you are flexible and it is negotiable.
If the offer is not exactly what you had in mind, I would do the following. I say this because it has always worked for me:
I ask if there is any wiggle room at all in the offer, but have a figure in mind based on your honest assessment of your skills and a thorough research of the market rate for the position. Try for midpoint of a range if that is available to you.
If that does not work, request a sign-on bonus. This is a one time commitment to them, and I believe it is not treated as normal payroll (which means they may not have to pay payroll taxes on it, unemployment insurance, FICA, etc. etc.) so it is a sweeter deal to them. Plus, next year, you revert to what was originally offered to you. I got a sign-on bonus in my current job.
Additionally, you can negotiate for additional vacation credits than you would normally have had. For example, if you came in at some cut-off time for getting x many days, negotiate to get the full amount. I should only have had 2 weeks having come in past the time I should have been entitled to 3. I negotiated that and came away with 3.
Negotiate telecommuting options. Your fuel savings translates to dollars.
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02-10-2009, 01:20 PM
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Fist of Justice
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Join Date: Apr 2008
Location: Durham, NC
728 posts, read 431,230 times
Reputation: 408
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The hardest thing I've found lately is... when the employers call you, they ask for a range right up front. I never know what to say, and when they take me up on my range immediately, I always figure I've started too low! LOL
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02-10-2009, 01:38 PM
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Senior Member
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Join Date: Mar 2008
159 posts, read 120,913 times
Reputation: 53
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Negotiating salary
Quote:
Originally Posted by tabbcat
The hardest thing I've found lately is... when the employers call you, they ask for a range right up front. I never know what to say, and when they take me up on my range immediately, I always figure I've started too low! LOL
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The only right answer is it is negotiable  ther eis no offer yet - why to bother.
The process will really start when you get an offer...but how to handle it, I have no clue ..
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02-10-2009, 08:31 PM
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Not a member
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Join Date: Sep 2008
Location: Virginia
931 posts, read 660,794 times
Reputation: 286
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Employer: We would like to offer you $40,000
You: Okay. I'll have to think about it and I'll get back to you.
The next day (or 2) when you call...
You: I thought about your offer and it was a little lower than what I was aiming for. Based on my ______ achievement, ____ years experience with XZY and _____ work skills, I feel that I am worth $45,000. Would that be possible?
(They are not going to flip out and think you are completely unreasonable. People ask for higher all the time. HR has a set ball park for the salary and they will offer you the lowest first.)
Them: Blah Blah Blah, How about $43,000 (They are not going to go with your number, it's like buying a car..."we can do this, can you do that")
You: That would be great.
The End
Make sure to get your offer in writing and send them a letter accepting the offer with all relevant information.
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02-10-2009, 08:41 PM
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Not a member
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Join Date: Sep 2008
Location: Virginia
931 posts, read 660,794 times
Reputation: 286
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Scenario 2:
Employer: We would like to offer you $40,000
You: Okay. I'll have to think about it and I'll get back to you.
The next day (or 2) when you call...
You: I thought about your offer and it was a little lower than what I was aiming for. Based on my ______ achievement, ____ years experience with XZY and _____ work skills, I feel that I am worth $45,000. Would that be possible?
(They are not going to flip out and think you are completely unreasonable. People ask for higher all the time. HR has a set ball park for the salary and they will offer you the lowest first.)
Them: Blah Blah Blah, The most we can offer you is $40,000
You: Okay, I'll have to think about it again. When do you need to know by? (Call back the next day or so)
or
You: I am really interested in this position, Is a Sign-On Bonus available?
(Companies can write off a bonus on their taxes and save more money than just paying out a salary)
Employer: I can offer you a $2,000 Cash Sign on Bonus.
You: Great. I would like to accept the offer
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02-10-2009, 08:45 PM
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ichigo ichie 1 time 1 meeting unprecedented
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Join Date: Aug 2007
Location: southern california
27,977 posts, read 11,309,129 times
Reputation: 18401
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join a union and stay in the union.
otherwise its godzilla meets bambi
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02-10-2009, 08:52 PM
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Not a member
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Join Date: Sep 2008
Location: Virginia
931 posts, read 660,794 times
Reputation: 286
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Quote:
Originally Posted by Huckleberry3911948
join a union and stay in the union.
otherwise its godzilla meets bambi
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That's what liberals say. Unions are ruining America. We need to get rid of them.
Grow some balls and learn how to negotiate.
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02-10-2009, 09:21 PM
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lost in space
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Join Date: Jul 2007
Location: Portland, ME.
3,829 posts, read 3,009,210 times
Reputation: 1380
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Quote:
Originally Posted by tabbcat
The hardest thing I've found lately is... when the employers call you, they ask for a range right up front. I never know what to say, and when they take me up on my range immediately, I always figure I've started too low! LOL
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You need to do research. Before you make/receive that phone call you need to know:
-What people with your experience earn yearly in the position that you are applying for.
-If possible, what the company that you are applying to offers applicants/new hires for the same position that you are applying for.
The problem with negotiating salary is to find that sweet spot somewhere between what you want/deserve to get paid and what the company wants to pay you. If you go too high they will think that you are full of yourself and/or you know very little about the position (because if you knew anything you would know that your request was nuts). If you go too low then they will wonder why you feel that you are worth less than what you really are.
You should only say that you want to negotiate the salary if, and only if, you have the skills (impressive resume) to back this move up. If the potential employer asks you about your required salary needs and you reply with It's negotiable, that sends the message that you are not bringing anything to the table, that you came unprepared, or as stated above, you are an over confident twit who believes that he is hot stuff.
Quote:
Originally Posted by oleo
That's what liberals say. Unions are ruining America. We need to get rid of them.
Grow some balls and learn how to negotiate.
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If it wasn't for unions you might not have a leg to stand to negotiate with. Love them or hate them, one thing remains the same; what we consider to be the typical work environment/process today was created by all the things that unions fought for in the past.
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02-10-2009, 11:41 PM
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ichigo ichie 1 time 1 meeting unprecedented
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Join Date: Aug 2007
Location: southern california
27,977 posts, read 11,309,129 times
Reputation: 18401
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Quote:
Originally Posted by oleo
That's what liberals say. Unions are ruining America. We need to get rid of them.
Grow some balls and learn how to negotiate.
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that would be a bit presumptuous friend to assume i have none.
people with a 38 love to pick fights with the unarmed.
21 million illegals waiting to take my job for 1/3 the pay. how does that relate to my manhood?
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