One of the goals that we have, when we enter the workplace, is to make as much money as possible. While this is a common thread, regardless of industry, it's important to important how to negotiate. You may like where you are from a salary standpoint, but this doesn't mean that you have to stick to this. As a matter of fact, if you're interested in negotiating, here are a few do's and don'ts that Robert Jain will be able to share.
One of the most important rules about negotiating your pay, according to names like Bob Jain, is to be professional. The last thing that you'll want to do is approach your boss in a confrontational way, as this will make them less likely to hear you out. While it's important to be firm, it's possible to go past this and into the realm of unprofessional behavior. This is just one of the many things to know about the negotiation process.
Another way to successfully negotiate your salary is by offering flexibility. While you don't want to undersell yourself, it's equally important to offer other options if your first doesn't pan out. Instead of focusing on a specific number, try looking at a specific range. Make it know that you'd like to be within said range, even if it's on the low end. This is another great way to ensure that you end up making more money in the future.
Now that you know a few ways to negotiate your pay, it's important to discuss a few mistakes to avoid. Let's say that you simply tell your boss that you want a raise and how much you're expecting; this is a huge oversight because of the lack of background provided. Offer details such as your successes in the workplace and the length of time you've been employed. The more details you offer, the more likely it is that your negotiation tactics will be successful.
Finally, if you fail to negotiate your pay, don't let this deter you from trying in the future. Your employer may tell you that while you're deserving of a raise, the truth is that the money simply isn't present to justify it. In this scenario, you may want to revisit this case one year or even six months down the road. By biding your time, not to mention continually working hard, you may have better luck negotiating in the future.
One of the most important rules about negotiating your pay, according to names like Bob Jain, is to be professional. The last thing that you'll want to do is approach your boss in a confrontational way, as this will make them less likely to hear you out. While it's important to be firm, it's possible to go past this and into the realm of unprofessional behavior. This is just one of the many things to know about the negotiation process.
Another way to successfully negotiate your salary is by offering flexibility. While you don't want to undersell yourself, it's equally important to offer other options if your first doesn't pan out. Instead of focusing on a specific number, try looking at a specific range. Make it know that you'd like to be within said range, even if it's on the low end. This is another great way to ensure that you end up making more money in the future.
Now that you know a few ways to negotiate your pay, it's important to discuss a few mistakes to avoid. Let's say that you simply tell your boss that you want a raise and how much you're expecting; this is a huge oversight because of the lack of background provided. Offer details such as your successes in the workplace and the length of time you've been employed. The more details you offer, the more likely it is that your negotiation tactics will be successful.
Finally, if you fail to negotiate your pay, don't let this deter you from trying in the future. Your employer may tell you that while you're deserving of a raise, the truth is that the money simply isn't present to justify it. In this scenario, you may want to revisit this case one year or even six months down the road. By biding your time, not to mention continually working hard, you may have better luck negotiating in the future.
About the Author:
If you would care for more information about finance, contact Bobby Jain today.. Free reprint available from: The Do's And Don'ts Of Pay Negotiation, With Robert Jain.
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