What you ask for
during a salary negotiation doesn’t just influence how much you earn -- it also
tells your future employer whether you’re good at negotiating, which is a skill
you can put to work for the employer once you’re hired.
Perfect Phrases
explains how to negotiate salary, but these tips also apply to contract and
project-based pay negotiations. In both cases, the people on the other side of
the salary negotiations are trying to get you for the most cost-effective
price.
To win your best
salary, continue talking until you get everything you want, whether that’s a
higher base, an early salary review or company-paid childcare.
“There’s always a
risk involved with any questions you raise when the offer is made, but it’s
better to ask questions then, because if [the company is] uncompromising,
that’s not a healthy situation,” he says. “If they have no tolerance for
questions, you need to know that up front.”
Think of a salary
negotiation as your chance to shine. “The person on the other side of the desk
is evaluating you”. “This is going to show you’re astute in dealing with the
outside world. When you get the offer, don’t let your guard down -- you’re
still on the firing line. Feel confident, because they’ve come to you with an
offer.”
To make sure you
get all you deserve, we recommend asking these 10 questions:
1. “Thanks -- is
this a firm job offer?”
Demonstrate that
you’re professional, polished and polite by saying thank you, and immediately
follow to make sure that you really have just been offered a job.
2. “Is this negotiable?”
Once the salary
offer is revealed, it never hurts to ask if they’ll put more money on the
table. If they say no, you can move on to negotiate other items.
3. “Is this base
only?”
Asking if the
figure you’re offered is total compensation or base compensation lets the
interviewer know you’re interested in the details of bonuses and stock options,
and it opens up other questions about bonus opportunities.
4. “When would you
like an answer?”
Never accept a job
offer on the spot. In our society, you’re perceived as more effective if you’re
thoughtful. Plus, stalling gives you time to consider your negotiation
strategy. You can say, “This is a great job, and I really want it, but in my
experience, I’m better off thinking about it and coming back to you.” Never say
you need to discuss it with your spouse -- you want to appear confident and
capable of making a decision on your own.
5. “Will I get the
offer in writing?”
Don’t accept an
offer that isn’t in writing. Not everyone is honest. If you quit a job based on
the verbal promise of a new job that then falls through, you’ll have no job and
no recourse.
6. “Will there be a
relocation bonus (in case you need to do so)?”
If they say no,
your response is, “OK, I’m just asking.” Just because the pay isn’t negotiable
doesn’t mean other aspects of the job aren’t. Ask for flextime, telecommuting
or anything else that’s important to you.
7. “What is the
start date?”
This is a way to
reaffirm that the offer is serious. Most people want you to start immediately
but will be disappointed if you agree to do so. If you leave your current
employer in the lurch, the concern is that you might do the same to this
company someday. If you’re switching jobs rather than coming off unemployment,
build in time to close out your existing job and take a vacation.
8. “May I please
have a job description?”
This question
verifies the job you’re being hired to do is the job described during the
interview process -- and is a job you’re capable of doing.
9. “How and when
will I be evaluated, and will there be an increase on the basis of that
evaluation?”
These questions
separate out when you’ll be evaluated and when you’ll be eligible for a raise.
Those two events are often, but not always, linked.
10. “Regarding
benefits, please provide the details -- when do they start?”
As you ask
these 10 questions, keep in mind that in addition to gathering necessary
information, you’re showing your new boss that you’re a good negotiator. You
want them to know they’re smart to offer you the job, but you’re not going to
come cheap.
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