Job offer negotiation is the process of discussing and potentially modifying the salary offer made to a qualified job candidate by the prospective employer. Knowing how to negotiate a salary offer is key to maintaining the value of a candidate's experiences and skills.
To guide you through how to navigate the job offer negotiation process, read on as we discuss how to politely negotiate your desired pay, when is the right time to negotiate, tips to use, common mistakes to avoid, and a template for a fuller picture of how to negotiate salary offers.
To politely negotiate a job offer, it is important to retain likability, help employers understand salary requests clearly, and assure employers that you are serious about their offer.
Here are other ways you can extend politeness while remaining steadfast and competitive in negotiating job offers:
Knowing how to negotiate a salary offer also means understanding the perfect timing for the discussion. Remember: It is improper to negotiate long before the hiring manager has offered you a salary. Only negotiate once an official job offer has been made.
Even on an occasion where employers bring up salary during the hiring process, do not negotiate as it might give the impression that the job candidate is only looking for compensation and not building success with the company, which can be a turn off.
When hiring managers ask about your preferred salary during the interview process, do not respond with a specific figure unless required. Instead, elaborate that you are seeking a competitive salary and benefits package that matches the market value and your experience and skills.
Here are important tips in a salary offer negotiation that you can do successfully land your desired complete compensation package:
To further your success in a job offer negotiation, we list down common mistakes you should look out for, giving you the most leverage in a professional manner:
To give you a clearer picture of how to negotiate a salary offer through email, here is a template you can use:
Subject: Job Offer Appreciation and Salary Consideration
Dear [Name of Hiring Manager or Employer],
I hope this email finds you well. I want to express my appreciation for offering me a position as [Name of the Job Position] at [Name of the Company]. I am excited to be part of the team and contribute to the overall success of your organization.
After thoughtful consideration, I would like to discuss the initial offer given to me. Based on my market research of the industry and region of your company, as well as my level of experience and skills, I think a base salary ranging from [Desired Salary Range] would more appropriately reflect the value I can bring to [Name of the Company].
I am optimistic and passionate about joining your team and assured that I can contribute well to the organization's goals and visions. I am looking forward to further discussing this with you.
Thank you for your consideration. I am inclined to find an agreeable alternative that reflects both of our salary expectations.
Sincerely,
[Name of the Job Candidate]
Knowing how to negotiate a job offer means upholding your worth as a job seeker, giving utmost value to your hard-earned experience, skills, and knowledge. This also gives companies an opportunity to work with and retain talented individuals like you in this competitive job market.