How to negotiate a salary package or a pay increase.
Difficulty Level: Average Time Required: Several Hours
Here's How:
- Research salaries for your geographic area and career field
- Review salary survey information
- Use cost-of-living and salary calculators to determine what an offer is actually worth
- Determine how much your paycheck needs to be to pay your bills
- Be prepared - have all your information ready to discuss
- Have a salary range in mind rather than a specific amount
- Don't bring up compensation until an employer makes you an offer
- Ask for time to think it over before accepting an offer
- Be flexible - how about additional vacation time or a gym membership?
Tips:
- Have a clear idea of what you want
- Be patient while negotiating salaries and raises
- Consider benefits, perks and the company culture
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