2. 1. Show your experience & know- how
Put your past experiences on the table and let the employer
see exactly why you're fit for the position.
Hands-on experience is a very efficient salary-negotiating tool.
3. 2. Be Persuasive
It's hard to force your boss to increase your compensation, and
trying to do so can potentially damage your working
relationship.
Think about the process as trying to convince him that it might
benefit the organization to pay you more.
4. 3. Don't ask about salary
Let employers make a first offer, as it is primordial to push off
any actual salary talk until after you've secured the position.
At that point, it'll be much easier to negotiate since you'll know
that the company wants you on board.
5. 4. Start Off with the Right Tone
You want to let your boss know you will listen and try to
understand his views. At the same time, you expect your boss to
do the same for you so you can work together to address this
issue.
Avoid ultimatums, threats and other coercive behavior.
6. 5. Understand your value
Consider whether you are in a position of power. If you're in
high demand elsewhere, you have leverage.
Draw attention to it, but be careful not to emphasize it too
much. Avoid acting overly confident or cocky.
It's OK to mention that you have interviews at other
companies, but don't try to force a favorable decision.
7. 6. Aim High, and Be Realistic
Many researchers have found a strong correlation between
people's aspirations and the results they achieve in negotiation.
At the same time, you want to suggest ideas to which your
boss can realistically say yes.
8. 7. Clarify Your Interests
Your compensation should satisfy a range of needs, not just
salary.
Make sure you have thought about other points of value to
you as well -- like profit sharing, stock options that vest
immediately, a bonus, greater work responsibilities, a quicker
promotion schedule, increased vacation or flexible hours.
9. 8. Anticipate Your Boss's Interests
Just like you, your boss has needs and concerns.
To persuade him to say yes, your ideas will have to address
those things that are important to him.
10. 9. Think Through Your Alternatives
In case you cannot persuade your boss to say yes, you need
to have a backup plan.
Part of preparation is creating a specific action plan so you
know what you'll do if you have to walk away from the table.
11. 10. Create Several Options
Joint brainstorming is the most effective way to find ideas
that satisfy everyone's interests.
It works best when you separate it from commitment -- first
create possible solutions, and then decide among them.
12. 11. Do your research about the position
When you walk into the room, you should know -- from A to Z -what the position entails, the skills required, the industry
average salary, and the market demand.
Use all these hidden assets to your advantage and be
prepared for any curve ball the employer might throw at you.
13. 12. Prepare Thoughtfully to Achieve Your Goals
This is the only aspect of your negotiations you can
completely control.
To take advantage of all of the above advice, you have to
invest a significant amount of your time and energy.
14. 13. Review to Learn
The only way you can really improve your ability to negotiate
is to explicitly learn from your experiences.
After you finish negotiations, reflect on what you did that
worked well and what you might want to do differently next
time.
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