5 Rules of Salary Negotiation

5 Rules of Salary Negotiation5 Rules of Salary Negotiation Are you hoping to receive an awesome job offer? Are you praying that your employer will give you a raise this year?Whether its the fear of being perceived as pushy or feeling uncomfortable about the negotiation process , professionals are hesitant when it comes to salary negotiation.Make it a goal this year to earn the salary you deserve. Instead of fearing salary negotiation, here are five rules every professional should follow when asking for a raiseWhen negotiating a job offer, dont be quick to say yes. Instead, tell the employer you need more time to think about the offer.Ask the employer if you can provide a response within the next 24 to 48 hours. During this time, sit down with the job offer and determine whether its a fair offer. After youve made your decision, approach the employer with your counteroffer and be ready to negotiate a higher salary.The art of salary negotiation is to wait for the emp loyer to make their offer. Unless the employer asks what your expected salary is, dont provide a number until requested. The key is to be patient and wait for the employer to present what they think is a suitable salary for your experience and skills.Salary negotiation can put you through a roller coaster of emotions. It can be scary, stressful, exciting, and even frustrating. Regardless of how challenging the salary negotiation process becomes, make sure to keep a positive attitude and stay professional.What many job seekers overlook during the negotiation process is the additional benefits theyre receiving as a part of the job offer. Instead of solely focusing on the salary, pay attention to other perks such as health benefits, a sign-on bonus, paid vacation time, and the opportunity to telecommute. Its very likely an employer will be open to offering you additional perks if they cant promise a higher salary.The most important rule of negotiating a salary is knowing what youre wo rth and what the employer can offer. The brde thing you want to do is to request a higher salary and more benefits without doing your research first.For example, if you applied for a marketing position at a small nonprofit, you cant expect the organization to have the same budget as a large marketing firm in New York City. Before you negotiate your salary, determine how much you should be paid for the position youve applied for. This will help you think of a realistic counteroffer to present to the employer.Salary negotiation is a challenging process for many professionals, but it can be one of the most rewarding things you do for your career . By following these rules of salary negotiation, hopefully youll earn the salary you deserve in 2019.What salary negotiation rules do you always follow?