For most jobs, a salary or hourly wage is already stated in the job posting or description, but that’s not always the case for all jobs. I’ve run into some job interview situations not knowing how much I was going to get paid. When it comes to negotiating salaries, here are some things you can do to prepare for this talk.
Before going into an interview, it’s best practice to do research about the role. Look into previous salaries that people have been paid to do the same thing in the past. This is easily achievable by just looking online (Glassdoor is a great resource by the way) and seeing if you can find an approximate range for the position. By doing this, you know what to expect and use that as a rough baseline to gauge the employer’s offer.
Indeed.com offers some great advice when the manager or interviewer asks you what your salary expectations are. It can be a pretty intimidating question but you don’t have to respond right away. You can ask questions, such as asking about any additional compensation aside from the base pay. This can include health benefits, retirement, and even company stocks/equity.
If you decided to hold off on answering any salary-related questions or perhaps scheduled an additional interview to negotiate salary altogether, it’s best to give the employer a salary range and not an exact number. To do so, you should have resources that you can cite from in order to explain why you chose that certain range in the first place. From there, further negotiations will be made and you can discuss into further details as to why you deserve that pay.
To help prepare for interviews, please read our interviewing blog here!
Thanks for reading my article today guys and I hope you guys learned a thing or two about negotiating salaries. Please share this with your friends and have a great day.
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