You Can Negotiate Your Next Salary | Tax Accountant East Brisbane ...

You Can Negotiate Your Next Salary

?

Negotiating a salary can be an uncomfortable process. You want to get what you?re worth but you also don?t want to offend or scare off your future employer. This situation is only more complicated in a tough job market. When offers are few and job seekers are plenty, you might be tempted to take whatever is offered to you. But, that?s rarely the smartest thing to do.

?

Regardless of the state of the job market, you should always negotiate.

?

Getting a new job, or a new role, is an opportunity to increase your compensation, one that doesn?t come around that often. John Lees, a career strategist and author of How to Get a Job You?ll Love, says that people rarely get to re-negotiate the terms until after two years on the job.

?

Prepare for your next salary talk by following these principles.

?

1 Know your options ?

?

Of course that?s tougher in a difficult employment environment. When you don?t have alternatives ? either other offers or a current job ? you have a lot less power. You have to be creative about demonstrating the value you?ll bring to the company. For example, you need to explain why you are the perfect person to fill this specific job, with the necessary skills and experience, not just a solid candidate. ?In a time of full employment, employers are looking for a person who can do the work. In a time of unemployment, they are looking for the absolute best person to do the job,? she says.

?

2 Do your homework?

?

Employers set salaries based on what they currently pay people to fill similar roles and what they believe competitors are paying. They may also have a certain budget or a predetermined range. Information is power in negotiation so the more you know about these data points the better. Do some sleuthing. Search websites such as salary.com, vault.com, and payscale.com to gather information about the organization and what it pays. ?Use Facebook and LinkedIn to reach out to people who might know what an appropriate salary is. Maybe it?s someone you trust inside the organization, a career advisor, a search consultant, or contacts in the same industry. It may be uncomfortable to ask directly how much your friends in similar positions (or near strangers) make. Instead you can say, ?What do you think the organization would pay for this position?? Then compare the advice you get. Don?t rely on one piece of data or one type of source.

?

Use that information to set your own expectations and the hiring manager?s. A good recruiter will ask if you have any base salary requirement. If asked, answer the question honestly. The employer needs to know that you?re in the range they?re hoping to pay so they don?t waste their time or yours. If you?re the top candidate, most employers are willing to do what they can to make the numbers work.

?

3 When the offer is too low?

?

If the initial number is lower than the reasonable expectation you set, feel free to respectfully disagree. Say something like, Maybe I haven?t conveyed enough the value I think I can bring to your organization because that sounds like a number you?d quote for someone who is much more junior, doing a different type of job, has less experience, etc. Then back up your statement with the information you?ve gathered. Even if you?re pleased with the initial offer, negotiate on some aspect of the job, if not the salary. Most employers assume you will. If you don?t ask for anything you?re missing an interesting opportunity.

?

4 Principles to Remember?

?

Do:

?

• Reach out to people ? friends or colleagues ? who can tell you what the employer might typically pay for the role
• Be reasonable and honest with yourself and the hiring manager about what salary you?re willing to accept
• Offer solutions that will meet your needs and those of the employer

?

Don?t:

?

• Negotiate on salary alone; the other non-monetary aspects often have more impact on your job satisfaction
• Accept the initial offer made to you even if you don?t have other alternatives
• Go into the negotiation with a list of demands

?

Negotiating your next salary ? and indeed understanding how your next salary is going to affect your livelihood, your financial profile and your wealth accumulation, is a process that can benefit from sound advice.? A good accountant can help you see the issues from a range of perspectives.? If you are currently contemplating this process, we?d love to walk it with you.

Source: http://www.morrisaccounting.com.au/you-can-negotiate-your-next-salary/

giants vs jets chargers seahawks jets air jordans pecan pie recipe prince philip