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When changing jobs, one of the most important motivations is, without doubt, the hope that you will get paid better at the new job. While it is important to advance in your career, and get a better position, the financial compensation plays an important part. Apart from a work title, you are interested in getting home a fatter paycheck. However, talking to your new boss about your salary can be a sensitive issue. Here are some tips on when and how to negotiate your salary when you are applying for a new job.
Show who you are
As in any kind of negotiation, it is important to play your cards well. Start by showing your would be employers what they would have to gain by hiring you. Quantify your skills and experience, if applicable, and show how your previous employers have benefited from your expertise. The better the results you put on the table, the more chances you will have at receiving a better salary.
Timing is everything
It is not wise to ask about financial compensation before securing the position you are applying for. Once it becomes clear that they are interested in having you on board, the game is on, and you can prepare your strategy of negotiating your salary in detail.
Let them make the first move
It is not advisable to be the first to talk about salary. Let the employers make you an offer, and start from there. This way, you will get a general idea about what kind of salaries are paid at the respective company, and you will know what not to ask in order to avoid demanding for something that can easily be qualified as being over the top.
Show your interest
Do not hesitate to show how much you are interested in getting the position you are applying for. This is a way of saying that the only thing that stands in the way of you grabbing the opportunity is the issue of getting the right financial compensation. This will motivate your would be employers to make you an enticing offer.
Show your knowledge about the job you apply for
It is very important that your future bosses know you are genuinely interested in getting the job. One way of doing that is by getting well informed on what the respective opening entails, and what kind of responsibilities will be expected for you to fulfill.
Be open to alternatives
Even if the salary offered is not exactly your dream paycheck, be prepared for accepting alternatives. There are many companies that compensate their workers by offering stocks, bonuses, expense covers, and so on, in order to show their appreciation for their best workers.
Walking away is always an option
Do not accept just everything. After all, if the compensation plan they are offering is not what you are hoping for, and it is actually too far from what you want, it is alright to walk away and wait for another opportunity to appear.
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