How this website is useful for you? How can we make this website as more useful for you? Please feel free to share your feedback / questions to info@prepareinterview.com. Thanks a lot for your support.

Feedback
PrepareInterview Logo
Job Seeker Login | Employer Login
About Us | Contact Us | Site Map | Advertise
   

Job Categories

 FRESHERS CORNER
 IT SOFTWARE JOBS
 BPO/CALL CENTER JOBS
 GENERAL JOBS
 GOVERNMENT JOBS
 LATEST IT NEWS
FREE SMS Job Alert
Top Links with more Hits
 Interview DOs & DON'Ts
 Types of interviews
 Top BPO Interview Tips
 Job Interview Questions
 49 Interview Qns & Ans
 Precautions to Take
 Dress to Wear
 Animation Industry
 Voice Acting
 6 Top Job Search Tips
 Questions to Ask Employers
 HR Interviews
 Cover Letter
 Salary Negotiations
 Thankyou Letters
 
Top Interview Questions
 Java Questions (25)
 SAP Questions(20)
 C++
 OOPS
 ASP.NET (50)
 Java FAQ (45)
 PHP Interview(54)
 Oracle (50)
 Java-J2EE Interview Qns
 Mainframe Questions
 ASP.NET Tips(41)
 Java Top Questions(25)
 Software Testing (40)
 Dot Net
 Common Java FAQ(25)
 Networking (64)
 General Aptitude
 Java Interview FAQ (25)
 Vocabulary
FREE SMS Job Alert
 
 
10 Commandments Of Salary Negotiations
 
 GET WALK-IN ALERT ON YOUR MOBILE

While exploring new career options, I asked two neighbors who had made recent job changes what percentage pay increase they received. I was surprised when one told me 39%. When the second said his new salary was 46% higher, I realized that increases in job changing weren't limited to the 5% to 10% usually given for internal promotions and cost-of-living raises.

My neighbors did me a great favor. They opened my eyes to the truth in this statement: You can negotiate anything. Here are my 10 commandments for negotiating a new salary.

  1. Research your profession's salary range. Check with recruiters in your field (even if you don't pursue their leads), competitors, the U.S. Department of Labor's Occupational Outlook Handbook, the Internet, your local chamber of commerce and trade publications.
     
  2. Select a target salary or total pay. You may not get the amount you want, but having a specific objective can help you get close.
     
  3. Don't initiate salary discussions. Wait for the interviewer to bring the subject up, even if it's postponed to a second interview.
     
  4. When asked for your salary requirements, say that they're "negotiable." Do the same on applications by writing "negotiable" in any box asking about salary details. If the form asks you to provide current salary, write, "to be covered during interview." This isn't being evasive, because without knowing details about benefits, how could you select a salary figure?
     
  5. When asked for your salary requirements, reply by asking the interviewer to share the position's salary range. If your request isn't granted, excuse yourself politely and leave. (Would you want to work for a firm that won't respond to this legitimate request?)
     
  6. Discuss benefits separately from salary. Your list of benefits can include insurance, tuition reimbursement, relocation payments, stock options, bonuses and outplacement upon termination.
     
  7. Analyze all benefit packages with a family member or friend, or with an insurance, investment or bank professional. They'll provide you with an invaluable second opinion and may look at the offer more objectively.
     
  8. Consider the cost of living if you're moving to a new area, and if it's higher, suggest that you be paid a differential.
     
  9. In discussing why you deserve a substantial increase, use examples of your accomplishments that prove your value, not merely your experience. Comparisons to your current salary are irrelevant and should be avoided; you're talking about the benefits you'll bring, not your past salary, which you may have had no control over.
     
  10. Always assume a firm's first offer is negotiable and never accept an offer at the interview. Express your strong interest, but state you always discuss decisions of this magnitude with advisers whose judgment you have relied upon for years. Tell your interviewer when you'll contact him or her with your decision.

    By following these commandments, you'll increase your chances of receiving a pay increase well into the double-digits.

    -- Reference: Mr. Keller is a consultant with CareerPro, a career consulting firm based in Willow Grove, Pa.

     
     
    GET JOB ALERT -FREE!!
    Tagged Twitter Facebook Linked In Blogger Free SMS Google Group ibibo
    Login
    Google Groups
    Subscribe for Jobs
    Email:
    Visit this group
    Bookmark and Share
    Job & General Tips
     

    Success Stories

    "My hearty thanks for the interview tips provided in your website. Thanks Prepareinterview.com."
    - Vijay Gunda, Bangalore
     
    "Hey I got job yar..Both Interview Tips and Job updates are your Plus. Keep going."
    - Laxman D Mahamuni, Pune
     
    "Fresher jobs are really helpful for freshers like me to get good job in this resession time. Even I will post some jobs. Thank you."
    - Sandeep Kumar, Chennai
     
     


    Copyright © 2008 PrepareInterview Inc.  Disclaimer