Salary negotiations are a balancing act, where your need for the candidate is weighed against what you are prepared to pay to get them. This week's Roundup navigates the seemingly treacherous waters of negotiation, providing hints and tactics for successful salary negotiation for hiring supervisors (and candidates), as well as providing insight to how negotiators can enhance their skills by understanding the way the other side perceives them.
Salary negotiations can be daunting to even the most experienced of hiring professionals. You don't wish to give away the farm, but you don't want a great candidate to slip through your palms. This report presents some great tactics hiring managers can utilize before and during the discussions to ensure that both sides come away satisfied. Doing your research on business standards, highlighting the non-refundable incentives your business provides, and finding ways to diffuse tension are just some of the hints provided.
Are You Paying Right? -- Offshore Recruiter Analysts
How can you know whether you're offering the right salary for the job? Answering this question is a constant struggle, and as you might get some idea of the amount that you want to provide, you have to learn how it compares to the prices your competition is offering. This article suggests researching salary and wage information using online sources such as Payscale.com, Salary.com, and Glassdoor.com. While it notes that some websites are more reliable and comprehensive than others, doing your study and comparing prices on the websites will provide you a fantastic grounding in what candidates will anticipate and you ought to offer.
Three Things You Can Negotiate During a Job Offer
Never assume that a primary offer is set in stone. Most job offers have a fair amount of room for negotiation, and this article presents three areas you should focus on when negotiating the best deal for your worth. Wages, benefits, and perks are places where negotiation is expected and most effective. Items like base wages, bonuses, health benefits, vacation time, and remote work accessibility are all fair game, and when another party can't give on a single issue, it's more likely that he or she'll offer you more on another.
Misreading how others perceive you may be costly at the negotiating table. If you think you've crossed a line, you may consent to less beneficial terms to smooth over an issue that another party hadn't been conscious of at the first location. This report discusses the results of a series of tests two researchers recently ran to ascertain the way negotiators perceive themselves versus how they believed the other party perceived them. The result? Not a lot of people are able to accurately tell how they're perceived in a negotiating situation. The article then goes on to indicate three suggestions to get an accurate reading on how assertive you're in negotiating by employing mentor and peer feedback, role-playing exercises, and feedback from actual negotiating sessions.
Heads up -- you can actually negotiate a better salary at an entry-level occupation. You do not have to be more established in your field to make certain you're fairly compensated, but you do have to take some actions to ensure that the discussions go as intended. This article discusses the steps you want to take out of the beginning of the negotiating process to the conclusion, beginning with when you bring up the topic (suggestion -- wait until you've really had a deal) through performing your research and knowing how far to push a future employer on any 1 issue.