I’ll start this letter by highlighting the positive: I got a job! But every step in the job-hunting seems to create a new hurdle to clear. And this one is no different.
The time has come to go against all my natural instincts and talk about money. I’m as uncomfortable as the average bear about asking for the amount I think I’m worth, but I don’t want to talk myself out of money I would otherwise earn.
Do you have any tips for someone who has to dig in their heels and ask to be paid?
Broke And Nervous
The first thing you should know is that most people are wary of fighting over money. After all, they’ve been hunting for a job for a while and they don’t want to scare anyone off by insisting on a salary higher than what they’re potential new bosses might be willing to pay.
That’s before we get to the unique disadvantage of salary negotiations at a new job: they know how much money they have to spend and you don’t. But negotiating is crucial for any employee. In fact, people who don’t negotiate can lose as much as $500,000 over the course of a career.
Here are a few tips that will help you when you find yourself having to pull honey from a stone:
We know it sucks. We know you’re nervous. But the absolute worst thing that anybody can do in a salary negotiation is say “no.” Don’t talk yourself down from the salary you want before the negotiation even starts because you’re worried about a bad reaction.
Do your research on the company and do an honest evaluation of yourself. Knowing what you can bring to the company and how much they typically pay will help you argue for the exact amount you believe yourself to be worth.
Don’t let a “no” throw you off. Before you abandon a request entirely, try and see if you can convince them to see things your way using the facts you know about yourself and the position in question.
Give A Little
Sometimes you aren’t going to get exactly what you want. But if they aren’t able to pay the full salary you expected, seek out other perks and benefits that can add to the overall value of the job for you.
Keeping these in mind will help you avoid starting off your latest gig on a grumpy foot, knowing that your paycheck is going to be exactly what you need it to be.
Best of luck!