How to Negotiate a Bottom Line Salary
Bottom line salary can be defined as the lowest possible salary acceptable to meet your personal and financial needs. Many job seekers apply for opportunities related to their skills and knowledge, interview well for the position, then receive a salary offer that may not be suitable for their needs. If an employer offers you the job, they're willing to negotiate salary that will make you accept the offer in most cases. There are several ways to negotiate that will not only help you receive your bottom line salary, but also show your potential employer your understanding of the job and industry.
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Instructions
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Negotiate a Bottom Line Salary
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Research the salary for the job being offered. Many sources offer industry salary ranges for popular job titles. If you can't find your job title, find something similar. Use Internet sites such as Payscale.com, Salary.com, or Indeed.com to find average salaries. These resources do extensive research and offer local and national average salaries for popular job titles.
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Ask for the job description and salary range of the job. Most organizations will have salary ranges for each position viewable to interviewing candidates, as well as current employees. By reviewing the salary range for the position and the job description, you'll be able to consider your years of experience, skills and how they relate to the job requirements. Employers take your abilities into consideration when they negotiate a salary.
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Negotiate your bottom line salary for the job. After researching and considering all factors of the job responsibilities, you should be able to come up with a salary suitable for yourself and the potential employer. Preparation and research before negotiation will show the employer your professionalism and enthusiasm for the opportunity. If the employer cannot offer the salary immediately, negotiate a contract with the employer that will allow you to increase your salary over a short period of time. This shows an employer your willingness to prove your skills and abilities, and allows the employer to benchmark your performance to increase your salary.
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Tips & Warnings
Offering letters of recommendation and references regarding your skills and abilities can also assist in negotiations.
Never use personal luxuries such as a new car or house as a reason for negotiating salary.
