Effective Salary Negotiation- Careertunity

Salary negotiation is an important step for any jobseeker and if not done appropriately can result in lost opportunities

. The process of salary negotiation is intended to arrive at a situation that is mutually beneficial to both the employer and the employee.

Plan your case methodically by familiarizing yourself with the terrain. Ask your colleagues and others in the same industry about current market trends and salary ranges for similar positions. This will help you to present your case effectively. To ensure that the outcome of the salary negotiation is positive, it is critical that the figure you have in mind is realistic and in sync with what you deserve. You may also seek expert opinion by talking to the consultants and availing yourself of the career services provided by www.careertunity.com.

Salary negotiation is one of the most critical aspects of a successful job interview. Be realistic in your expectations and ensure that they are in line with the market. Be professional and present your case with confidence. Do not discuss salary at the very outset of the interview, as this projects you as a rather single-minded individual. Unless specifically asked by the interviewer, avoid altogether the subject of what you were drawing in your previous organisation. When hinting at your desired salary figure, use a range instead of a specific figure. Show that you are flexible and are willing to negotiate.

Right after you have been offered a job is a good time to discuss salary. At this point, the employer is displaying a definite interest in you and might take your offer into consideration if it is realistic enough and is within the budget constraints of the organization. If the salary being offered is lower than your expectation, then examine the additional compensation packages being offered as an alternative.

When approaching your immediate manager for a raise, tact is necessary. Appeal for a fair return on your efforts but refrain from overshooting your expectations. Make sure your current salary range reflects the quantity and quality of work you do and that it also reflects your experience and any plaudits you might have brought in for the organization. Your negotiation must be based on an objective reckoning of your accomplishments and achievements. Carefully gauge and evaluate whether the time is right: Is it the right time to be asking for a raise? Is your company financially stable? Does your recent performance support your expectation?

Salary negotiation is an art. ( www.careertunity.com) the entire process calls for a professional attitude and a positive outlook. In the end, if you dont get what you want, you could strike a deal of sorts with your immediate employer for a performance based salary review. Set a quantifiable target and request a review once this target is met.

by: Careertunity

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