How to Negotiate a Job Offer
A job offer is not the last leg in a job-hunting process. It’s wrong to assume that when a job offer is given, you are already part of the company. Many things could still happen. It is only when you get to see the details of the job offer that you’ll be able to determine if it’s an offer you should accept. Assuming you’ve read the paper and the hiring manager invites you to proceed and sign the job offer, will you sign it?
Now, if there are items in the job offer that are not clear, what will you do? Of course, there’s nothing more to do but to negotiate. However, how will you get the nod of the hiring manager during the negotiation? Here are a few tips.
1. Don’t Negotiation for the Purpose of Negotiating
Many job hunters today have this in mind. They will try to negotiate because that will make them appear bankable. Well, if you think the job offer suits you, by all means, sign the contract. Most importantly, there is a need for you to read all items with utmost understanding. Do not just read in passing. Be cautious as some of the items included could be tricky. If there is something questionable on your part, ensure you verify it to have a clear understanding and if you know, you deserve more than that, then go ahead and negotiate.
2. Wait for the Hiring Manager to give the First Offer
Think of it as if you own the business. If you want to buy supplies for your business to operate – though you can afford all the expenses, you still ask discounts from your suppliers to be able to save. That also applies when hiring an employee. They offer a salary that is lower than what they can offer. So, never be impressed with the first offer. Even if it sounds very appealing, that could still be stretched.
3. Ask more than what you’re willing to accept
Now, think of this as being a business owner selling a product. Let’s assume the product is you, and your service. Of course, your selling price would be in favor of you. Being the seller, you will offer something more than you are expecting in return. You need to do this because there might be some sorts of bargaining that could happen. So, it is crucial to raise your rates a bit higher so that when you meet halfway, you will still receive a salary that is more than what you are expecting.
4. Don’t focus too much on Salary
Salary is just a part of the job offer. There are benefits and other non-cash perks. Understand all of them. They may not be able to agree with your asking price, but they will most times be open to adjusting other benefits and perks in your contract. Sometimes, when you focus too much on salary, it could create a negative impression.
5. Stay Professional and Business-Like
Never discuss personal matters. Avoid telling the hiring manager that you’re in dire need to have a high paying job to pay for your debts. Avoid creating an impression that you feel hopeless. Those should be set aside. Remember that your interaction with the hiring manager is still shallow. It’s a real turn-off being too personal during a job offer or negotiations.
6. Make them Feel they Won the Negotiation
Never let them feel that it’s their loss if they won’t agree to your requests. At the end of the negotiation, whether it favors you, make them feel that they’re on the winning end. Let them feel that they will get their desired return-on-investment (ROI) by getting you on-board. Elaborate the ROI they can get such as quality work, accuracy, efficiency, and the likes.
7. Politely Turn Down the Job Offer
Lastly, politely turn down the offer if you can’t sense that something good will happen. However, do not let them feel it’s their loss. Just establish an atmosphere that maybe there are better options for you. Perhaps, it’s not yet the right time for you to come on-board. Tell them that you’re not closing your doors to enable them reach out to you when they’re able to meet your demands.
Nevertheless, it takes a good negotiation skill to be able to turn a job offer into success. However, never assume that it will always be in favor of you. Sometimes, the best thing to do is to walk away first and just come back if things are favorable to both parties.
Bottom line never compromise your aspirations just to get a job and that is why Global Career Advisors can help you get the desired job offer you might need. We’ve helped various people get a high pay and we know we can help you.
So, if you’re ready to get your value’s worth, then contact us and let’s help you get that offer you’ve always wanted!