Today’s economy is once again robust, with help wanted signs everywhere and job boards full of open positions. But many companies are still asking employees to carry a heavier workload for less pay and reduced benefits. And whether you are talking salary as a potential new employee or are scheduled for your yearly review, many folks are hesitate to negotiate their compensation package. When your financial security is on the line consider these helpful negotiation tips to ensure you are getting paid what you are worth.
- Do your homework; this cannot be stressed enough. Go online and research what other companies are paying for your position. There are numerous national and local websites that contain figures indicating the low, high and average hourly/yearly wage for an employee with your education and skill set.
- Do showcase your value. There is no better time than during your yearly review to make sure everyone knows how much you contribute. Talk up that last major client you brought in or how you volunteered to work nights and weekends for two months straight to ensure that big project came in on time.
- Don’t bring up salary during the interview process; let the employer make the first move. Don’t be too quick to reject or counteroffer until you are aware of the full benefits package. Don’t feel as though you have to make a decision immediately. Often it is best to take time to consider all factors including if this is a job you want.
- Don’t inflate your current salary when asked, there are too many ways this could backfire. When you do counteroffer, don’t apologize for asking to be fairly compensated. Don’t become combative or stubborn during negotiations. It is important to keep your temper and a level head.
- Do get the final salary package in writing. The last thing you want after you have accepted a new position and quit or given notice at your old job is to have a “he said/she said” dispute over the actual starting figure and benefits.
Contact Staffing One Services today at 314.361.2444 and let our expert staffing personnel take the stress out of your next job search.