4 Tips on How You Should Negotiate Salary in an Interview
Photo Courtesy: Gangplank HQ
Before you begin thinking about negotiating salary in an interview, contemplate this: what is more important for you—money or the job? Define your priority well in advance and only then make up your mind as to negotiating salary in your job interview. You deserve a fair and reasonable salary, but depending upon whether you are a fresher or have a work experience, your salary will vary. Here are 4 tips on how you should negotiate salary in an interview:
1. Do Your Research
Before you set to negotiate salary, you must know very well what the actual salary is in the current market for the kind of profile you are applying for. Do your research well so you know what kind of salary you should expect. Unless you know well about the salary structure of the kind of job you have applied for, you will not be in a position to negotiate.
2. Be Aware Of Your Value
You must be well aware of your value. Never underestimate yourself and fear that if you negotiate salary you will not be considered anymore for the position. Do not settle for whatever they offer just out of fear of losing your job. If you know that you deserve better, do not hesitate to negotiate. Think about the work that you will be doing and what benefits the organization is going to reap from it. You have a value and the organization ought to pay you for it.
3. Be Fair and Realistic
When you negotiate salary, you must be fair as well as realistic. No organization will accept you if you quote ridiculous amounts as they are well versed with the industry standards even if you are not. Therefore, you must research well before you even think about negotiating salary. Thus, it is essential that you remember that whatever salary you ask for must be feasible as well as reasonable. You should consider that the money you will earn should be enough to pay all your bills, and cover other basic expenses that you would incur.
4. Be Polite and Resolved
When you negotiate salary, you must be polite but firm about what you want. Remember, if you argue rudely the chances of you losing the job are aggravated. Instead, if you put your point across courteously, your employers will consider and will give you their best offer. Rudeness puts off the decision makers instantly because they look at the long term association the organization is going to have with you, and they are most likely not to employ someone who is rude even if he/she is well qualified.
Remember that salary is a very crucial element of your job, but at the same time it is not the only thing that counts. Also consider the experience you are going to gain from working in the company and the value it is going to add to your resume.
