Job interviews can be both thrilling and nerve wracking, especially when it comes to discussing the all-important topic of salary expectations. Many candidates find themselves unsure of how much to ask for and how to approach the topic.
In this blog we will delve into effective strategies that will help you ask for what you’re worth without jeopardising your chances of landing the opportunity!
Do Your Research
Before entering an interview, it is crucial to do your research on the position and industry. Engage in thorough research to understand the average salary for similar roles, taking into consideration factors such as experience, location and the current market. You can utilise online resources such as Glassdoor or networking contacts to gain an understanding.
When initiating salary discussions during a job interview, timing plays an important role. Ideally, you want to let the employer bring up the topic first. However, if they do not mention it, you can tactfully approach the topic towards the end of the conversation, once you’ve made a positive impression, showcased your value and assessed your opinion of the company.
While it’s ideal to have a clear idea of the salary range you desire, it is equally important to remain flexible during negotiations. Be open to factors such as benefits, bonuses, training opportunities or additional perks that are of significance to you. By remaining flexible and negotiating effectively you’ll reach a mutually beneficial agreement.
How to Negotiate Salary Effectively
During the negotiations you want to remain professional and confident, here are some tips to help navigate the process successfully:
- Be confident but not confrontational. It is important to be confident as it demonstrates that you value your skills and abilities. However, it is equally important to strike a balance and not come across as confrontational or aggressive. Be respectful and professional.
- Listen actively to the employer’s perspective. Effective negotiation involves actively listening to the employer’s perspective. By understanding their concerns and expectations you can better address them.
- Offer thoughtful and well-reasoned justifications for your requests. It is crucial to back up your requests with thought-full and well-reasoned justifications. Research and gather information about industry standards, your skillset, experience and the value you’ll bring to the company.
- Seek a mutually beneficial outcome. By being open to various possibilities you and the employer can work towards an agreement that satisfies both needs and fosters a positive working relationship.
Approaching a salary discussion, and ultimately negotiation, during a job interview a challenging experience but can also be an empowering experience. By doing your research, demonstrating your value and remaining flexible you can obtain a salary you deserve.