Getting a job offer can be very exciting, especially if you’ve been on the job hunt for a long time. However, in most cases, there is always room for negotiation – and being able to negotiate effectively will be key to increasing your earning potential and self-esteem! Furthermore, failing to negotiate before accepting a new job offer can result in you potentially leaving behind thousands of dollars, either in the form of your salary or other benefits. Here are three of the most powerful negotiation strategies to keep in mind before accepting your next job offer:
Research the market value range for the position.
One of the smartest negotiation practices you can follow is to research salaries for your job according to the market value. The market value salary is the amount of money an employee should theoretically be paid for their position, based on current market conditions. While market rate salary can be determined by multiple factors, it is generally dictated by salaries of similar positions in the same geographic area. Researching this information will equip you with the knowledge to command a salary that’s consistent with the average salary range for your industry and location.
Emphasize your unique skills and credentials.
During a negotiation, it’s important to reinforce and emphasize your qualifications. Discussing your unique skills or credentials – and how you’ll make an impact on the company – will make your argument more compelling and further showcase why your abilities are commensurate with the type of pay or benefits package you’re seeking. The more you sell yourself as a candidate to an employer, the more successful you’ll be with negotiation.
Consider non-negotiable items.
In addition to salary, there are non-negotiable items to consider when it comes to a job offer. Depending on the job, think about what aspects of your career and work-life balance are important to you. Some common non-negotiable factors may include your job title; travel benefits; phone allowance; retirement benefits matching; remote work opportunities; tuition reimbursement; and flexible scheduling options. In many cases, an employer may be more willing to negotiate with these items rather than salary.
By utilizing one or more of these practices during the negotiation process, you’ll be one step closer to earning the pay and benefits you deserve!
Looking for a job with higher pay or better benefits? Find your next employment opportunity with the Marquee Staffing team and contact a recruiter today!
