If you've been at your place of work for a few years, there's a good chance that you enjoy multiple aspects of it. Perhaps you like the people that you work with or maybe there are certain benefits, like dental and vision, that are simply too good to pass up. Regardless, you may believe that you can make more money. Payment negotiation, despite how intimidating it might be on the surface, doesn't have to be challenging. Here are a few do's and don'ts that Robert Jain can provide for this purpose.
When it comes to payment negotiation, openness is key. You may be inclined to simply throw out the first number that comes to mind, but this doesn't necessarily open a conversation. Instead, speak about opportunities within the workplace. Discuss your progress at work and what can be done, if anything, to improve your chances of making more money. Conversations like these matter and names like Bob Jain will say the same.
You should also be mindful about stating your position with as many details as possible. If your goal is to negotiate your salary in the hopes of making more money, understand that simply requesting it won't yield the results you're looking for. Instead, discuss how you benefited the company. Talk about the strides you've made in not only helping co-workers but clients as well. These details will make it easier for negotiations to be made.
When it comes to the don'ts of payment negotiation, doing so early into your tenure may not be in your best interest. The reason for this is that you're still new to the company, which means that you have to prove yourself over the course of time. This is when you have to show what you're able to do, not only as an employee but a positive source in the workplace. Timing matters, so keep this in mind when you begin a new job.
It's also worth noting that a lack of flexibility can hurt you during the negotiation process. While it's important to stick to your morals and strive for the highest amount possible, there may come a time when you have to work with what your employer provides. Taking a raise less than what you expected isn't a sign of weakness. If anything, it shows that you're willing to compromise, which is a great trait for any employee.
When it comes to payment negotiation, openness is key. You may be inclined to simply throw out the first number that comes to mind, but this doesn't necessarily open a conversation. Instead, speak about opportunities within the workplace. Discuss your progress at work and what can be done, if anything, to improve your chances of making more money. Conversations like these matter and names like Bob Jain will say the same.
You should also be mindful about stating your position with as many details as possible. If your goal is to negotiate your salary in the hopes of making more money, understand that simply requesting it won't yield the results you're looking for. Instead, discuss how you benefited the company. Talk about the strides you've made in not only helping co-workers but clients as well. These details will make it easier for negotiations to be made.
When it comes to the don'ts of payment negotiation, doing so early into your tenure may not be in your best interest. The reason for this is that you're still new to the company, which means that you have to prove yourself over the course of time. This is when you have to show what you're able to do, not only as an employee but a positive source in the workplace. Timing matters, so keep this in mind when you begin a new job.
It's also worth noting that a lack of flexibility can hurt you during the negotiation process. While it's important to stick to your morals and strive for the highest amount possible, there may come a time when you have to work with what your employer provides. Taking a raise less than what you expected isn't a sign of weakness. If anything, it shows that you're willing to compromise, which is a great trait for any employee.
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For more information about finance, kindly consult Bobby Jain now.. Unique version for reprint here: Negotiation Do's And Don'ts, For Salary Purposes, By Robert Jain.
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