7 Tips for Negotiating Job Offers

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negotiating job offer7 Tips for Negotiating Job Offers

After all the searches and researches for industries, companies and jobs and going under innumerable interview rounds and application processes you have done it. You have cracked the interview and the offer is in your hand! Whether it’s your first job after college or you’re a professional wizard don’t miss the change of giving yourself time to ponder the offer and negotiate it.

Know the Job Responsibilities

When you’re looking out for a job take out enough time for reading the responsibilities and list them before applying. A career survey released that almost 44% of job seekers claim to spend 1-5 minutes reading a job description before applying and 19% said they spend 10 minutes reading the post before applying.

Coordinating with a recruiter will give you a thorough idea about the skill that you expertise into and how they complement the job opportunity. They will also discuss and make you understand job expectations that the hiring manager would like to discuss during an interview. These will help you build a strong ground for negotiation.

Be Confident

Getting through with that long and tiring interview process definitely gives a boost in confidence. A survey report stated that a basic corporate job opening receives almost 250 applications out of which only 4-6 are called for the interview.

When it comes to setting you contract terms, your confidence will play the game for you and your recruiter will become the excellent mediator for it. Here are a few tips to set your move as you enter the room:

  • Dress in professional, clean attire
  • Arrive 10-15 minutes before your scheduled meeting time
  • Know the names of who you’ll be speaking with
  • Do your homework on the company and job responsibilities

The way you convey yourself to the employers will help them set a benchmark for your capabilities, your worth and how you are a perfect fit for that job.

Know When to Negotiate

It can be tricky to figure out when to start the negotiation. Sometimes interviewers may start the discussion with compensation over the phone or in a face to face round. The best way to answer this question is with a question, “What salary range is your company offering for this specific position?”

If the spotlight comes on you in any such situation where you need to provide a specific number then always round up, remember the fact that the first number is the point for discussion. It is understood that you have to negotiate more than your previous professional career.

Timing is extremely important. As a candidate, you won’t be appreciated if you discuss your salary initially or you appear to be money oriented. So hold on those nerves until the final interview process.

Know What to Negotiate

The offered job may not give you a hold on all the cards but you are aware that the employer wants you. But do you know when the right time to negotiate is? Are the timings flexible? What is their “work from home” policy? These are all the points over which the negotiation should start.

Discussing salary requires some strong preparation and your recruiter is the right person to get the insights from and prepare yourself for the same. Compensation should justify job responsibilities, company’s values and mission, and your opportunity to successfully thrive.

A negotiation expert suggests that “Never to negotiate just for the sake of negotiating. Take the first offer only when you are happy”. Once you and your employer are on the same page, you are ready for signing the offer.

Be Enthusiastic About the Offer

From your first interaction with your interviewer, your emotions are profound and clearly visible. It is evident in your body language and your voice tone. Brush up your soft skills to fully embrace your excitement and workplace persona. Be thankful and express your excitement for the proposal given to you in the beginning. The most simple and easy way to express is to “Smile”.

Don’t accept the proposal under pressure; ask for the time frame as in when you can finalize the offer. Accepting a new job is a big decision, so don’t rush yourself into it just for the sake of doing it.

Get your Agreement in writing

It may be your dream job or your first job, you would want to celebrate and jubilate it with your peer group but it is extremely important to receive a hand-written offer before you verbally accept this position. The reason is plain and simple; you should be clear and satisfied with your compensation, what benefits are provided, what the position entails and what it’s missing but was discussed during the interview.

You can send a short note stating you await the written version of the offer. Some examples are:

“Thank you for taking the time to discuss the opportunity! I’m very much looking forward to reviewing the details of the written offer. When would you like to have my response by?”

“It was super helpful to go over the position’s responsibilities, compensation and benefits. I’m very interested- would I be able to receive a copy of this information to review?”

You’re Worth More Than One Interview

You may land up on some bumpers but it’s completely fine. Keep searching for relevant jobs and posting job application until you discover the employer you want to work with!

 

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