A Job-Seeker's Guide to Salary Negotiation
Most people do not negotiate their salary when getting hired. Data shows that those who do ask are very likely to get it. Lear how to negotiate for your salary, because it works.
One of the most contentious parts of interviewing for a new job is salary negotiations. Many find it extremely challenging to voice a request in front of the recruiting manager or HR, often settling for what has been offered. A Pew survey has shown that most US workers didn’t ask for a higher salary when they were hired last.
However, the same survey also revealed that among those who did negotiate, almost two-thirds ended up getting higher than what they were originally offered, with 28% managing to get the salary they asked for.
Salary negotiation is an important skill, not only from the perspective of getting paid what your work is worth but also for long-term career growth. Being underpaid compounds over time, as your salary in your current workplace also serves as the benchmark when you apply for your next job.
In this issue of Brewed for Work, we focus on some actionable tips for preparing for your next salary negotiation and making sure you get what you are worth.
Today’s Issue at a Glance:
Negotiation Starts at Research
Understand the Playbook
Know Your Number, but Don’t Tell
Timing Matters
Handling Objections
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