On the surface, negotiating one's salary may be an endeavor that only authorities on finance including Robert Jain can do. However, you may be surprised by how easy this can be if you have the right knowledge at your disposal. No matter how happy you may be at your job, it's always possible to move up, especially when it comes to your salary. Here are a few do's and don'ts to be aware of when it comes to the negotiation process.
One of the most important rules about negotiating your pay, according to names like Bob Jain, is to be professional. The last thing that you'll want to do is approach your boss in a confrontational way, as this will make them less likely to hear you out. While it's important to be firm, it's possible to go past this and into the realm of unprofessional behavior. This is just one of the many things to know about the negotiation process.
Next, be as flexible as possible on the matter. One of the critical mistakes that one can make, when it comes to salary negotiation, is to stick with a number and fail to budge. Instead, focus on a range that you'd like to reach. Provide your employer with enough options so that they don't feel as though they're backed against the wall. This will make the negotiation process easier for all parties involved, which is another reason why it's worth keeping in mind.
When it comes to the don'ts of pay negotiation, failure to clearly convey your case is a big one. If you simply approach your boss and ask to be paid a certain amount of money, you're unlikely to receive it. Discuss the growth that you've made in the past year. Talk about how you've contributed to the workplace, either through your efforts or the ways that you've assisted others. By offering details, your employer may have an easier time providing you with a raise.
Lastly, don't become too discouraged if you fail to negotiate your salary. No one bats a thousand, which is why you may want to consider revisiting your case in the future. For instance, if your boss tells you that the money to justify your raise may be available down the road, why not ask again in a year or so? This will show initiative on your part and there's a solid chance that you'll end up with a higher salary, provided you continue to work hard.
One of the most important rules about negotiating your pay, according to names like Bob Jain, is to be professional. The last thing that you'll want to do is approach your boss in a confrontational way, as this will make them less likely to hear you out. While it's important to be firm, it's possible to go past this and into the realm of unprofessional behavior. This is just one of the many things to know about the negotiation process.
Next, be as flexible as possible on the matter. One of the critical mistakes that one can make, when it comes to salary negotiation, is to stick with a number and fail to budge. Instead, focus on a range that you'd like to reach. Provide your employer with enough options so that they don't feel as though they're backed against the wall. This will make the negotiation process easier for all parties involved, which is another reason why it's worth keeping in mind.
When it comes to the don'ts of pay negotiation, failure to clearly convey your case is a big one. If you simply approach your boss and ask to be paid a certain amount of money, you're unlikely to receive it. Discuss the growth that you've made in the past year. Talk about how you've contributed to the workplace, either through your efforts or the ways that you've assisted others. By offering details, your employer may have an easier time providing you with a raise.
Lastly, don't become too discouraged if you fail to negotiate your salary. No one bats a thousand, which is why you may want to consider revisiting your case in the future. For instance, if your boss tells you that the money to justify your raise may be available down the road, why not ask again in a year or so? This will show initiative on your part and there's a solid chance that you'll end up with a higher salary, provided you continue to work hard.
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