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.
Now that you know a few ways to effectively negotiate your pay, let's discuss a few methods that should be avoided at all costs. One of the most important is to negotiate in a timely manner. For instance, if you decide to discuss your salary a few years into your tenure, you're more likely to receive what you want or, at the very least, a compromise that benefits all parties. Negotiating too early into your tenure may not yield such results.
A lack of flexibility is another component to avoid when it comes to negotiating what you make at your job. The reason for this is that, simply put, you may not be able to come away with the ideal result you're looking for. This doesn't mean that the conversation is simply shut down. In fact, it's in your best interest to work with your employer so that a compromise can be made. Not only will you come away from the discussion better from a financial standpoint, but it will show your worth as an employee that much more.
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.
Now that you know a few ways to effectively negotiate your pay, let's discuss a few methods that should be avoided at all costs. One of the most important is to negotiate in a timely manner. For instance, if you decide to discuss your salary a few years into your tenure, you're more likely to receive what you want or, at the very least, a compromise that benefits all parties. Negotiating too early into your tenure may not yield such results.
A lack of flexibility is another component to avoid when it comes to negotiating what you make at your job. The reason for this is that, simply put, you may not be able to come away with the ideal result you're looking for. This doesn't mean that the conversation is simply shut down. In fact, it's in your best interest to work with your employer so that a compromise can be made. Not only will you come away from the discussion better from a financial standpoint, but it will show your worth as an employee that much more.
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