How To Negotiate Your Salary Like A PRO
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- Опубліковано 25 сер 2024
- Next time you receive a job offer, make sure you take the opportunity to negotiate your salary. It's all about coming from a place of value.
#careertips #careeradvice #salarynegotiation #negotiatingyoursalary #careerstrategy
This guy is correct at that stage of the offer!
Thanks mate - negotiation is so dependant on timing, context, and of course leverage.
I just got a 30k raise because I negotiated while being hired at a new company.
Nice work!! There’s always room to negotiate, especially for the right candidate.
I got an offer via call for 65K€ and I asked for 75K€ and at the end they took back the offer. I was quite shocked that this happened. Now feeling scared of salary negotiation because it feel like at the end a lot of times and efforts wasted
I’m sorry to hear that this happened. It’s very rare from my experience and from experience or the people I know and work with that this would happen. It’s possible they found someone who was willing to accept the lower offer. This can happen. That said you’re better off typically holding out for a role that pays you what you deserve. I promise that that role is out there. Before I landed my current role I probably interviewed at about 10 different companies to find the right one at the right price.
I will add to the reply above that they did probably know or have in mind someone who could take less. And that's fine. But a company that would prefer someone who settles for less is NOT the company you want to work for. You want to work for a company that will pay you to get you in the door for your value, and not purely for the budget they have. You dodged a bullet. Keep looking. There is a proper role out there for you
@nicolepigrabbit I would add to this post that I love to acknowledge a higher salary might not be possible during lean economic times and offering an alternative to a higher salary. For me, I love to ask for a roadmap with SMART goals to earn the higher salary within the first year. Often they won't be willing to give you more money without knowing what you're capable of, but they ARE willing to give you an opportunity to prove your worth. ❤
My mindset is if the company behaved that way in a negotiation, you're better off not going there anyway. That's a major red flag, and in current job markets, they should expect prospects to try and negotiate
@@tomonkysinatree Right. Dick move to just take away the offer rather than say something like "no your request is not possible but we still want you." You don't want to work with people like that.
Thank you. In this process now…
Best of luck!
Great video. Thanks for sharing the tips. I just received an offer from a company. At the beginning step, they asked me to fill in an Employment Form where I had to state clearly my expected salary before and after tax deduction and also my salary in the past (breakdown in details each portions of my salary). I stated 2000$/ month as salary after tax deduction. Then I passed 2 rounds of interview and they offered the salary 2000$/month before tax deduction. It means I will just receive around 1800$/ month. Their reason was because they based on my previous salary. I was quite shocked when they collected information of my past job to set the range for my current salary. So sad!
Thanks for sharing - they can be sneaky sometimes. For context, for my current role they asked me in the screening call what my expected salary was, but then they also asked me what my current salary was. It caught me off guard that they would ask for my current salary - regardless I “inflated” my current salary to better my chances of getting my expected salary. Essentially asking for your previous or current salary is none of their business - I recommend you put down whatever number you want. They are doing so to justify underpaying you, which they have tried to do. That said, you should negotiate their offer - don’t accept a lower salary if you know you’re worth more.
Johny bairstow
My brother got an offer for BSA II for 85k but BA 1 role is 52-95k. Could you please help what can be said ?
Yea definitely. So you could say “thank you for the salary offer, I’m really excited about this opportunity and working for this company. Having had more time to consider the role and the value I can bring, I’d be looking at a salary of $95K. Does that align with your budget?”
@yourcareermastery does this work for a new grad as well? I already received my offer but I don’t have experience. Do you think it’s inappropriate?
It’s all about leverage, tough when you’re a grad. Honestly the most important thing at the early stages of your career is getting that first job and some experience under your belt. I would focus on that, and then look to negotiate a pay increase once you’ve proven yourself after six to 12 months at the business.
What if I don't have the necessary experience? What should the focus will be?
Necessary experience isn’t always a mandatory criteria, but it obviously helps a lot. You can focus on how you have a range of highly transferable skills from your previous roles that will help you bring a unique perspective to the company and succeed in the role.
I thought it wasn’t a good idea to give them an ideal range? What are your thoughts?
If you know what salary you want, and what you’re worth on the market for your skills and experience and for the role, then giving them a straight up figure is totally fine. You can also ask them what their budget for the role is, to have them put their cards on the table first.
Do you think it's appropriate to tell them that you earned a higher salary in your previous role(s)?
Absolutely- you can say something like, “given I’m currently on X salary, and this new role would see me taking on greater levels of responsibility and business impact, I’m looking for a salary range more like X.” Hope that helps!
Thank you for this. It’s when they email your the offer letter?
You can negotiate before as well. They may make the salary offer verbally over the phone, in which case you can say you’d like to think it over and can call them back when you’re ready to accept or negotiate a higher number.
What if they email the offer? Should I respond saying I need more time to think?
Great tip. I have another case tho..I applied for a role in a company, after 3 weeks waiting they said to me that my salary expectation is over their company budget. But it is still above compared with my previous company. I am willing to take that job eventhough their budget doesn't meet my expectation, because the number still a bit higher from my previous company. Any words example or how to respond to that, without looking desperate or under value?
Thanks!
If you are excited about the role and it provides development opportunities, then you can definitely go for it. You could try and negotiate a higher bonus % tier if they cannot meet you eye to eye on salary. For example, if their base package was 10% bonus you could try to get 15%.
Does not always work if there is no room in their budget
This is true - but typically budgets are flexible for the right candidate. Typically a company will low ball you, and you can either accept that, or bump your salary up to the top end of their range. Nothing wrong in asking.
How much more is reasonable and not offensive
Great question, and no simple answer here unfortunately. Depends on a number of factors, including how the offer stacks up against the market average for your role, and where your skills and experience land you on that salary range. Sometimes an employer can completely lowball you and you could request $10,000-$40,000 more especially if the role is senior. However for my last role I stated my number and their offer exceeded it so I didn’t have to negotiate it. It all depends, but you need to know your desired number going in, and negotiate from there.
Don't say anything. Kindly let them down nicely while telling them you want to work for them, you are bringing x and y value, but the compensation and benefits are a bit short in areas x and y. Make them reformulated the 2nd offer before you give a number. If they insist, go high. They'll cut the difference almost always. But always butter the roll first, THEN bake it. Make them confident and know they want you, and make them show you how much that means for them money and compensation wise.
In india they will revoke the offer.
Hello and thank you very much for the tip! I had a 2 month internship and today I will have a meeting for the internship review and they said they might give me the job, can I still negotiate like this?
Absolutely! When they make the job offer, you don’t have to accept it on the spot. You should absolutely negotiate your salary to ensure your role is salary bench marked and aligns with your skills and experience.
@@yourcareermastery Thank you so much I used your method to negotiate and it worked like magic!!!!! Thank you so much I didn't expect it would be this easy I now have the salary I wanted!
@@WafaSelmi-zn3yn great work! Clap👏💪
They asked what I was looking for in the interview and I froze and told them and now I want to counter because I have another offer for more money but like the original company better.
Is that being greedy?
Definitely not being greedy - you can always negotiate until the contract is signed. If you demonstrate your range, and they make an offer, you can always negotiate higher and say that you’ve had a think about the role and the value that you can add, and because of this you’d be looking for a salary more of X. Good luck out there!
Does this work with law enforcement or security jobs? I have 7 years s experience in law enforcement.
Absolutely - even government and state organisations will have salary ranges for roles hired in their departments, as not everyone has equal amounts of skills and experiences. Therefore there should always be some room to negotiate.
Why do all the creators these days start the actual content after 75 percent of their video is over
should you do this over email or ask for a meeting?
Hey mate great question - usually over the phone from my experience, either with the HR person managing the process or the hiring manager. Usually the HR person is the one coordinating all the final details and contract - they’re typically quite time poor so over the phone is totally fine. Hope that helps!
Thank you for sharing, my question.. what if they told you from the first stage of the interview what their budget was, which is lower than your expectation, but still go ahead to invite for the next round. A little context, i would have to relocate on my own.. How do i ask for more being that the average salary is even above my own expectation.
Hey - great question. If they told you from the first stage what their budget is, then you can still proceed to second round if a) you think you could still consider the job b) you think they might flex on the budget when they decide you’re the right candidate and don’t want to lose you or c) because you want to gain more experience and practice interviewing. But I don’t recommend taking the pay cut unless you absolutely have to. You should be paid what you deserve and I promise there’s a company out there who will honour that value that you bring.
My Ex Boss call after 5 years:
"I could not find some who worked like you. So i called were you make your computer sience degree and ask for some like you.
They telled me there is none. You were the best there had and i (boss) should try to contact him (me)."
(I have 130 IQ and had done tasks regulaly double as fast as others)
I come to his office, he ask how my last 5 years was, i told how i like my current job, he ask me for salary, i sayed 55.000 a year (to start negociation) he sayed its so astronomic high he didnt even want to make a counter offer. 😂
I like my current job anyway so no loose for me, but what does he expected? lol
Essentially, some bosses and business owners, are cheapskates and have no idea how to properly evaluate salary and just want the best person for the cheapest price. Best to avoid these kinds of companies as there's less opportunity for bonuses, pay increases, and general career progression. Thanks for sharing!