2 Bulk up your worth If you are considering moving on for a better paying job, it’s a good idea to take up a short-term training course before job hunting, as it will help you gain new marketable skills and boost your confi dence, as well as offering the chance to network with other industry peers.
3 Don’t pop the question first When interviewing for a new position, do your best not to bring up the money until the employer makes you an offer. If you’re asked what your salary expectations are, take the cue from there and quote your range. A good rule of thumb is to ask for 20 percent more than your last salary figure as the minimum expected wage.
4 Don’t say ‘yes’ too soon Whatever the pressure, do not say ‘yes’ unless you feel that the offer is refl ective of the value you will offer to the firm. Not speaking up might lead you to feel underpaid. Worse, you could fi nd yourself receiving lower increments and a slower salary growth as you move up the career ladder, which would all go towards leaving you stressed and lacking motivation.
5 Do consider other benefits To look at the monthly take-home alone and ignore other benefi ts is also a common error while negotiating salaries. Consider benefits, such as medical insurance coverage, flexible work timings, maternity and paternity leave, paid holidays days, and the like.
6 Don’t lose your cool When negotiating, ask for the compensation based on what you can offer the company. Show your future employer that you’re reasonable and understand what the company offers you as a whole, and that salary is only one consideration.
7 Be prepared for ‘no’ As long as you ask in a non-confrontational manner, and at a good time, the worst you can hear is ‘no.’ Be prepared for it, and keep your emotions in check about it. Remember that a ‘no’ isn’t forever. You might accept the offer and follow up later, and you’ll have laid important groundwork.
8 Take your time Don't be pressured into making a hasty decision and signing the offer letter. Request time to think over the fi nal terms offered. You can always revisit the terms later if you want.
9 Get it in writing Whatever the terms reached at the negotiating table, get it in writing so that there is no question of commitment and no room for ambiguity or retreat.
10 Don't be afraid to walk away If you are not happy with the negotiation then turning down the offer and leaving might just be the best tactic. This will send the message that you are confi dent about your self-worth and are capable of going somewhere else to get what you deserve.