Jobs @ Career Consulting Limited
Return to career-consulting-limited.com
People |
|
|
 |
Salary, Raises, & Perks: Negotiate to Get Paid What Youre Worth!
Salary negotiation requires preparation and good timing. It's important to determine your salary needs and research the market value for the job you want. Timing is critical for negotiation. Discussing salary requirements too early in the interview process can jeopardize your chances of getting the salary you deserve. Failure to negotiate could result in losing money. Market Value The negotiation process begins by determining what salary you need. Prepare a detailed outline of your expenses. Next determine the market value of the job for which you are applying. Research similar positions with other companies and jobs requiring comparable experience. Information can be gathered from classified ads, competitors, informational interviews, and web sites. Win-Win Be polite and professional during negotiation. Try to impress to the employer that your goal is a win-win situation. It is your job to convince the employer that you are worth more than they are offering. Be prepared for objections by talking about how your past accomplishments benefited previous employers. Wait Never bring up salary until an offer has been extended. At that point, the employer has decided that you are the best person for the job, giving you bargaining power. If the employer brings up salary before an offer has been made, be prepared with a response. For example, "I need to know more about the job responsibilities before I can talk salary." If the position is newly created you could say, "Since this is a newly created, position, I'm sure you have a salary in mind." Start Higher When you have determined an acceptable salary, start negotiating higher than you think the employer wants to pay, and then go to a middle ground. If the employer offers you $50,000 and you want $55,000, ask for $58,000 and then work backward toward your target salary. The employer may offer you some reasons for not wanting to give you the requested salary. Again, be prepared with a response. If the employer tells you their budget won't allow an increase, negotiate some perks such as flex-time or an early salary review. If the employer tells you that you would be earning more than others at that level, point out that you should earn more, because you're worth more. Another option is to ask for a different job title so that you'll fall into a higher salary range. Be sure to mention that you will take on some additional responsibilities to compensate for the higher salary. Perks If the employer can't increase the salary, be creative and look at other ways to boost your compensation package. You could ask for extra vacation days. Another option is to ask for an early salary review. Request that you be given a three-month review. If your performance is satisfactory, ask that you receive your annual raise at that time. Other options to consider include: a one time sign-on bonus, flex-time, or a shorter work week. Get Paid What You're Worth Why should you negotiate your salary? You have a right to be paid what you're worth and what the market supports. Records indicate that 60 percent of all negotiators get more than the initial offer. If you don't negotiate, you'll lose money, since each annual raise is based on the amount of your starting salary. For example, suppose you were hired at $30,000 per year, without negotiating. Had you negotiated you may have started at $32,000. Based on a five percent salary increase each year, you would lose more than $26,000 over ten years. Finally, salary negotiation isn't reserved for the corporate world. People in all types of industries can successfully negotiate their salary. Remember, you are negotiating for your future! Joan Runnheim, M.S., founder of Pathways Career Success Strategies [http://www.pathwayscareer.com ] in Hudson, WI, is a career consultant who helps individuals reach their career goals by developing an effective career development plan or job search strategy. As a career advisor for Monster.com, [http://forums.monster.com/forum.asp?forum=3560] Joan has been able to reach out to millions of people with her career-related articles and advice. To subscribe to her free bi-monthly newsletter "Strategies for Career Success" go to: [http://www.pathwayscareer.com] For more information call 715-549-6432. Email: joan@pathwayscareer.com
MORE RESOURCES: Work At Chess.com Chess.com Report: community college students need more career guidance Inside Higher Ed Careers - Human Resources Kennesaw State University Will Artificial Intelligence Steal My Job? | On Careers | U.S. News U.S News & World Report Money Jobs and Training at FDA FDA.gov Careers Boys & Girls Clubs of America Career Fairs and Major Events - JMU James Madison University Careers at TWU | The Office of Human Resources | TWU Texas Woman's University Careers Fred Hutchinson Cancer Center Workers eager to fill 3,000 Las Vegas jobs to build Brightline Fox 5 Las Vegas Careers Micron Careers at FEMA FEMA Find a Job Samaritan Health Services Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost San Francisco Chronicle Careers | Job Opportunities | MaineHealth MaineHealth Curry College launches job guarantee program Inside Higher Ed Careers at Bucknell Bucknell University Career Paths FEMA Job Search Results - Careers at UnitedHealth Group UnitedHealth Group My career race is in the home stretch, here's what I know Financial Times Industry sells workers on ag jobs The Western Producer Employment USC Upstate Veterans and transitioning military | VA Careers VA.gov Home | Veterans Affairs Green careers report: Understanding green jobs and their increasing demand The Economic Times Data indicates a strong job market but some employment seekers — even those with a Ph.D. — say they struggle Yahoo Finance Careers Smith College Grécourt Gate What Researchers Discovered When They Sent 80000 Fake Résumés to U.S. Jobs The New York Times Careers at NATO NATO HQ Apply for a Job The City of Vancouver, WA The Best Jobs in America in 2024 | Careers | U.S. News U.S News & World Report Money Join our team FHI 360 Despite lagging performance, California expected to avoid recession Los Angeles Times Chesapeake Public Schools Employment Opportunities Chesapeake Public Schools Careers at USI University of Southern Indiana Careers Medline Newsroom Work for Us (U.S National Park Service Careers The Ocean Cleanup Careers at Air Liquide Air Liquide Careers | US Forest Service USDA Forest Service Careers in mental health services : Career Outlook: U.S Bureau of Labor Statistics Careers Technip Energies Lawsuit claims Sheetz denied employment to class of job applicants because of their race WPXI Pittsburgh How many jobs are available in technology in the US? Computerworld Early careers UBS AI Will Transform the Global Economy. Let's Make Sure It Benefits Humanity. International Monetary Fund Careers CPKC Work Here UnitedHealth Group CoinGecko Careers: Careers at CoinGecko CoinGecko Careers with Impact IFC Press Releases Early Careers | Mondelēz International, Inc. Mondelez International The Rise of Global Digital Jobs | World Economic Forum World Economic Forum 30 high-paying and fast-growing jobs in the US Business Insider Highest-paying jobs in America in 2024, according to U.S. News report Milwaukee Journal Sentinel Best job site of 2024 TechRadar Education and Development WellSpan Health The Challenges of Retiring from a High-Powered Job HBR.org Daily Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021 CNBC In-Demand Jobs for Seniors | Retirement | U.S. News U.S News & World Report Money Opinion | The A.I. Economy Will Make Jobs More Human The New York Times How Social Media Could Affect Your Job Business News Daily Jumping into the workplace for the first time TotalEnergies.com Careers in Clinical Psychology Verywell Mind Explore and find your profession TotalEnergies.com John Lewis publishes job interview questions to aid preparation Personnel Today Employment Opportunities Iowa Utilities Board Find a Role Bain & Company Careers at UNHCR UNHCR Jobs Energy.gov Employment Opportunities City of Windsor Careers City of Somerville Upgraded National Career Service portal to give job market a fillip Business Standard Careers | City of Norfolk, Virginia - Official Website City of Norfolk (.gov) |
|
|
|
RELATED ARTICLES
Are You In A Groove Or A Rut? Ruts: the routines in our work and lives that have become uninteresting and bothersome.Everyone has a favorite rut or two. The 10-Step Resume Critique Your resume will generally receive a 15- to 30-second scan upon first review by an employer. With that in mind, it is critical that your resume -- your "paper handshake" -- makes a positive first impression and compels the reader to put your resume in the "yes" pile and possibly call you in for an interview. How to Choose Your Ideal Career They say that most people do complete and total career changes at least once often twice in their lifetimes. Very few people chose the ideal perfect career for themselves when they're in high school and blissfully happily work those same jobs for the rest of their lives. How to Negotiate The Best Salary and Benefit Packages Salary and Benefits NegotiationOne of the most difficult aspects of job searching for many people, especially those who are just starting out or who are making a mid-career change, is actually the salary and benefits negotiation aspect. This is true partly because some people are just naturally uncomfortable with negotiation in general and also because they may not feel knowledgeable enough about the job market to be able to effectively negotiate for better pay and benefits. Job Search: The End of the Line There is an end to the job search tunnel!It has been a long, hard road: layoff, unemployment, fear, depression, and occasionally panic or despair. Beyond the trauma of losing your job stretches the uncomfortable, stress filled nightmare of looking for work. How To Get A Job Writing Speeches Jobs in speech writing are amongst the most difficult to find, but are much sought after. In many cases, the subjects that will deliver them will want to find expert advice on what to say, how to say it, and how to make themselves look good through it. Do You Have the courage to ignore the experts? Do you have the courage to ignore the experts? Do you have the willingness and ability to understand and use the power that is within you? Courage is that state of mind when you do something that you know is right for you and your loved ones and the rest of the world thinks you're mad. The ability to make the decision and then make it happen. Should You Telework/Telecommute "WOW! I can work from home and make money? I can sit around in my PJ's and work whenever I want? How great, I want to be a Teleworker!"There is much more to being a teleworker then working in your PJ's or working when you want to. Yes, those are nice benefits to teleworking, but you'd be surprised by how much work goes into working from home. How to Create a Great Electronic Resume After creating the perfect resume, you then need todistribute it. You'll likely be sending some professionallyprinted hard copies, especially to "A list" companies ororganizations you've set your sights on. Using Your Whine Factor Brian's work was exceptional. Still, as his boss, I rarely offered him additional responsibilities, never thought of promoting him or selecting him for a critical project. Vocational Experts 7 Proposals to Solve the Unemployment Problem The subject is constantly in the news and may decide thenext national elections - the infamous jobless recovery.More than 8 million Americans are out of work with another 4million underemployed or no longer looking for work. Resume Success Factors--What Exactly Is A Resume Anyway? You know you're good.. Working in Dubai Dubai in the United Arab Emirates is one of the world's fastest growing employment hotspots in the world. Up to 20 new companies establish themselves in the emirate's free trade zones every week and since 2002 some 650 companies have registered in the Dubai Media City free trade zone alone. Job Search: Age-Proofing Your Resume Older job hunters fear interviews where their age cannot be concealed and where an initial response of dismay on an interviewer's face, quickly hidden, confirms their anticipation of discrimination. The mature job seeker often prefers the anonymity of mailed resumes, e-mailed inquiries, internet applications, and telephone contacts. Searching for an Executive Job A job search for executives is far less complicated today than it has been in the past. Anyone who is looking for an executive job can simply look to the Internet where there are hundreds of employment websites, with many specifically geared towards executives. What is Contract Programming? An Alternative to the Conformity of Everyday Employment What is contract programming, you ask? Well, when companies need specific computer programming expertise, for temporary periods of time, they generally hire a contract programmer or an employee of a consulting firm. Contractors almost always have a higher hourly wage than a salaried employee and are often paid for overtime. Top Ten Networking Strategies To Get A Job, A Promotion, Or Make A Sale Whether you are networking to find a new job opportunity, gain a promotion, or close a sale, you have two main goals with the networking interaction:1. To be remembered so that when opportunities appear, people will think of you as the perfect person to handle things,2. Those Little Things Moving to another state meant finding a new dentist. I tried one a neighbor recommended who seemed friendly, competent and eager to please. Hot Business Trends for 2004? And Beyond: Maybe One Will Turn Into a Creative Business Idea for You I always look forward to the December issue of Entrepreneur magazine. That's the issue that features the publisher's annual pick of hot businesses, markets, and trends for smart entrepreneurs - or those who aspire to be. Telecommuting Interview Tips Telecommuting Interview Tips- By Nell TaliercioYou've made it! Your cover letter and resume got you to the interview process..
|
|
|
| © Career Consulting Limited.com 2011
|