How to Negotiate a Job Salary
Negotiating a job salary can be intimidating, especially if you have limited job offers. Accepting a non-competitive salary, though, might cause strain on your personal finances and set your long-term salary expectations back. For example, if you receive a raise after a stellar first year, you might still be below a competitive wage for your job.
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Instructions
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Find data on comparable salary information. If you are informed, you can have a better sense of salary expectations. The Bureau of Labor Statistics keeps detailed data on the average salary, the salary range and the job outlook of specific professions.
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Contact anyone you know who has dealt with the company. You should understand how the organization handles salary negotiation. Some companies do not move much from the salary offered, while others are willing to adjust the salary to get the employee they want.
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Open salary negotiations with the business that has hired you. With the information you've gained from general salary trends and your future employer, you can set informed expectations for salary and benefits. Be respectful and succinct during negotiations.
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Seek a compromise between your salary expectations and the business's set salary. There is often a comfortable number between the two that both parties can live with. Also, you can perhaps take a lower salary number for the chance at promotion or other benefits.
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Continue to send out applications. Having some leverage in negotiations, perhaps another job offer, can help you in negotiations.
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