How to Negotiate Your Salary After Receiving a Job Offer ?
If you have searched for this question then you might have got an offer, so congratulations! This could be your chance of achieving a milestone of your career. But before accepting that offer and signing on that written format, do one and most important thing - Salary negotiation!
I can understand it's a-little uncomfortable or might seem pushy & ungrateful too to negotiate salary or ask for hike but believe me guys, it's totally normal to negotiate for your earning in a polite and professional manner. You no need to hesitate while talking about your salary, cause it's as common as you are showing your skills and experiences. You sit in an interview and make them believe that you hold this and that skills and qualification, so that they can understand, you are a great fit and can deliver their work properly.
So when it comes to salary, why this hesitation? It's also the part. Additionally don't be too quick to accept or reject the offer, instead you can just say:
"Thanks for the opportunity, i am grateful of exploring and joining this reputed industry, but before accepting this offer i would like to take a-little time and shortly i will update."
This way you can politely take few days to think on offered salary, or can research accordingly. On sites like Glassdoor or LinkedIn Salary, you can get insights of salaries of profiles and industry and you know your skills and capabilities too. So combining all these you can analyze that this salary (Offered Salary) will be suitable for your career or not.
Here's how you can negotiate your salary:
1. First Appreciate
You need to appreciate first and pay gratitude, this will make a lasting and great impression and you will look professional. In any scenario, first you should thank the person and then speak about your concern. Also you don't need to accept or decline the offer, ask for few days and then decide by reviewing full offer.
2. Do your Research & Analysis
Before doing anything, do a proper research and know your value in the market. Research for the position you get offer for (What is the current average salary for that particular position in that segment), according to your skills and experiences. Then only decide whether you should negotiate or not and how much you deserve – keep that part too.
3. Craft Your Counteroffer Professionally
After reviewing and researching the market standard and the role with its location and industry segment, bring to the table your polite counteroffer with respect and professionalism.
Sample Answer:
"First of all thanks for offering and then giving me enough time to take decision, after reviewing and researching on the offer based on market standards for this particular role at this or that location, i was thinking that we can explore the base salary amount to Rs.Xy. I believe that my knowledge, skills and experience will perfectly match with this role and location, and i can assure you that i will fully contribute to the company from the day one."
4. Be Ready to Back it Up
Make yourself ready to back up your counteroffer with your set of expertise, skills, knowledge, experience and qualifications. Construct an answer that highlights your matched skills and experience with previous company to make them accept your counteroffer.
Conclusion
By understanding your worth, including skills, qualifications and prior experience you can counteroffer in-front of the hiring team, professionally with confidence.
So, simply don't act immediately. Take your time, do a proper research and analysis through better and reputed portals and then finalize what you deserve with your skills, knowledge and experience. Then show what's your research and skills tells you.
Know one thing: interviewer or recruiters already aware of your negotiations. It's about your confidence, profession and communication skills while negotiating.
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