In this post article you will learn tips on how to negotiate a higher starting salary in a job interview. So if you have a job interview coming up for any role or any organization, the hiring manager is going to say to you, what are your salary expectations?
To help you get the highest salary possible, I’m going to give you five really important tips and rules that you must follow to get the highest salary possible.
Let’s now go straight into the presentation and I’ll teach you how to negotiate a higher starting salary.
5 TIPS for Negotiating A HIGHER SALARY In A Job Interview
- Salary Negotiation Tip #1: Make sure you know the average salary for your job position before you attend your interview.
Now it is essential you conduct some research into the average salary being paid for your position. Sites like PayScale.com give you the average salary being paid across all companies.
For example; let assume you are applying to become an office manager, you can just head over to the PayScale.com, enter that job title in the search bar and it will immediately tell me that the average salary for that role.
Now it is important you do this because it then gives you something to use during the salary negotiation process. I’ll explain what that is later on when I give you the script.
- Salary Negotiation Tip #2: Make sure you consider the company’s financial position before you attend the interview.
Are they a successful longstanding company that typically pays higher salaries, or are they a new startup with very little capital?
Now you can generally find out this information by visiting their website and by searching online for news about the company’s financial performance. Also, by considering the company’s financial position, it will give you an indication as to their appetite for paying higher than average salaries.
- Salary Negotiation Tip #3: Make sure you resell yourself during the salary negotiation process.
Now, during your interview you will have been consistently selling yourself and explaining to the interviewer what you can bring to their company. But it’s really important that you do that all over again when it comes to what are your salary expectations Interview Questions.
So before you attend your interview, my advice is to write down several bullet points of the things you can do in the role that will add value to their company, and hence why they should pay you a higher salary.
Examples of these include:
- Having a proven track record of achievement in previous roles;
- Giving examples of tasks and projects you worked on that helped increase revenue for a company;
- Examples of sales contracts you won for a previous employer, what you did in a previous role to improve customer and client service, and also evidence of strong performance appraisal reviews where you’ve been praised by your previous managers.
All of these will help you to gain a higher salary.
Salary Negotiation Tip #4: Make sure you know the exact salary you would like before you attend the interview.
So before you go along to your job interview, write down the exact salary you really want and also write down the absolute lowest salary you would accept in the position. Now, this is important for two reasons:
- It shows the interviewer that you are prepared and you are confident in your own abilities.
- If you know what salary you want, it makes your negotiating position much stronger. Now, the majority of candidates, when asked what their salary expectations are, have no idea what they want, and they end up thinking of a figure right there on the spot at the interview. This is not only unprofessional, but it also significantly reduces your chance of getting a higher salary.
So salary negotiation tip number four is to know the salary you want and also what you are prepared to go down to as an absolute minimum, before you attend your interview.
Salary Negotiation Tip #5: Always remember salary negotiation has to be a win-win.
The company that is doing the hiring needs someone good in the role, but they also have to consider the financial costs of taking somebody on. Conversely, you have to be happy with the salary you end up working for because there’s nothing worse than being in a job where you do not feel you are getting the right pay for your contribution.
So within the salary negotiation process and more importantly, the script that I’m going to give you right now, we need to show the interviewer that we understand any agreed salary is going to be a win-win situation.
You will see a great salary negotiation script that you can use to help prepare your own answer to the interview question, what are your salary expectations?
Thank you so much for reading my post article (how to negotiate a higher starting salary) and paying attention and I wish you all the best for passing your interview.
Have a brilliant day.
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