SALARY NEGOTIATION - HOW TO NEGOTIATE A HIGHER SALARY
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In this video, I will teach you 6 salary negotiation tactics on how to negotiate a higher salary for yourself, whether you’ve just received a new job offer or you’re wanting to ask for a raise in your current job.
You will learn the salary negotiation techniques that I know work on how to negotiate a salary that is in line with your expectations.
There are many salary negotiation strategies, but it takes the right salary negotiation skills to get that bump in pay that matches what the market offers and what you’re worth.
The 6 Major Tips on How to Negotiate a Higher Salary include:
Tip # 1: Talk about your value - bring up evidence that prove why you’re worth what you’re worth.
Tip #2: Do market research - know what the market is paying for someone with your credentials and level of experience.
Tip #3. Give a number, not a range - many people are afraid to offend the employers and give a range for what salary they’d be open to. This is not the way to go.
Tip #4. Go in with leverage - you want to leverage everything you can to enhance your chances of getting that bump in pay.
Tip #5. Time it appropriately - if you’re in a job offer situation vs. asking for a raise, you need to know the right timing on when to bring up your salary expectations
Tip #6. Be humble and polite, yet confident.
Watch the video so you can learn the salary negotiation skills that I know work to getting you a higher salary.
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Also, to learn more about salary negotiation and how to negotiate a higher salary feel free to watch:
https://youtu.be/nFDKoNuzt7I by Recruiter
https://youtu.be/twJbXSpTVFA by Ramit Sethi
https://youtu.be/Lm7T8vGModU by Ramit Sethi
Hello Linda. Greetings.
I was recently at a meeting/interraction with the CEO of a good company for discussing our mutual fit for the Head - Supply Chain Position and in the entire communication....
On all my answers to his questions he inferred that “ Prashant had I been in your place my answer would be this….. and my answer would be that”.
Practically he seemed not to be convinced to what I said and he out of blue in the midst wanted to know my salary expectations which practically does not hold good and hence requested him to share the Salary range.
I made my point that transparecy has to be both side and we are required to be respected as professionals equally.
Unfortunately I just had to walk out of the room cutting short our meeting.
Thanks With Best Regards,
Good morning Linda. Currently, I am living in Canada, and I do not know what could be the best way to make the first approach to my boss asking for a raise.
I have watched your videos, and I could not find how to do it.
Could you please give an advice?
I have worked through staffing agencies for years which caused instability on my resume and I have now too much experience so the agencies send my invoices as a manager and collect the rate for a manager while they are paying me as a regular employee. Actually they are making money per hour more than what I am making which cause a lot of stress and disappointment for me and I do not know how to negotiate the agency since the negotiations for parts Tate start at very early stage ... I heat being abused and I do not know what to do to stop this ....any advise ?
I would say the good time will be at any performance or work review with your manager. They for sure will give you a chance to ask questions. That is the right time to ask for salary raise. Hope it will help 😊
Hi Linda, thanks for the video. Would you mind to provide any advice by salary raise request but negotiating with the one who has power to decide but less direct working experience with me and also with the one who manages me but have no power to decide the salary? Hope I expressed it clearly...
Hello i love all your video tips, but i have a question. What if your currently in a company but want to go to another and that other company ask you the reason for wanting to join their company? Whats a good answer?
1- Please I have one question if they ask you: During when you work in office, you see your friend there what you're gonna do : greet him and finish your work ? Or ignore him like he is not there and finish your work? Or greet him and tell him he is not allowed to be there during work and he needs to be outside waiting for you outside ???Thank you.
2- Please, I have one more question :
If you are busy in your work and you did not finish yet your tasks during your shift work , what to do in this situation ? Is do it faster even it will be a mess and many mistakes in your job ?? Or finish your job even it will be overtime than your schedule ?? Thank you for your time.
Great video, however I disagree with comparing yourself to your team. When you're selling yourself I believe you should only speak on yourself and achievements, comparing yourself doesn't make your argument any stronger. Comparing yourself to a fellow team member who is not as strong or skilled as you doesn't necessarily mean you're great. You show you're great by only speaking on yourself and the value you bring to the company.
Hi Linda! May I ask you how to put the subject on the table by email? I'm a student with a
nice opportunity for an internship in the luxury industry in UAE but I have no info on this salary market and it's my very first salary negociation. Thank you very much!
About the salary range - if it's a bad idea, because every single employer will go for the lower end, wouldn't it be a good idea to give a range where the lowest number is actually what you think you are worth and would make you happy? The other side is also happy because it may feel like a win for him... he feels he's paying the lowest option, so he saves some money.
Firstly I want to say what a true inspiration you really are. I found your video's upon searching. I watched basically every video numerous times, and you hit home truth. You're such an awesome, confident, calm and professional person, nothing fake, and I can relate so much to these video's. I had a few interviews and wasn't getting to the next stage, but after 3 interviews, and a salary negotiation, you've helped me land my ideal job, so I want to say a massive thank you for helping everyone, including myself! I really hope you continue to help other individuals. I will be carrying on watching your videos :D
I listened and took your interview tips, you helped me get out of a toxic job in December 17 and I landed myself a great job in London. I’m finishing my probation and looking for tips to keep my job for the long haul. Thanks for sharing your great knowledge, Hallya
What if your current job is under paying you but your new job u want to get paid properly and it’s a 20-30k jump? They also ask for your previous income and they say “well your getting a 10-15k raise already. Idk if we can do that 20-30k raise for you.” But you know the job your getting is worth what your asking.
Thank you, thank you, THANK YOU!! I used your tips during my interview today and it went great. FINALLY feel like I'll get paid my worth. Always thought negotiating salary would offend employer but it went so well.
Be calm, confident, polite, do your research, and give a number not a range were THE BEST tips! You are so wise. Thank you for sharing these pearls of wisdom!!!
#6 - This is not great advice and suggests that the creator has no idea of how the raise process works in Corporate america. By the time performance reviews are given the manager has already gathered their own data about what you are worth and has already created an entire budget based on giving you a specific amount. Thus, when you ask for a raise at the last minute you 1) irritate your manager, and 2) completely miss the timing. How I wish the people who created these videos had actually ever worked in a real company! The correct timing? Every two to three months show your boss what you have done and what you have done well. 6 to 3 months before the PA ask for a meeting to discuss pay opportunities and what your boss can and can not do to raise your pay. Many, many budgets raise budgets are rolled up at a divisional level, which means that your bosses boss MUST approve any exceptions. I can go on and on, but then I'm not campaigning for views as she is...............
totally not agree with comparing yourself with your team member and say why you are better. That is not professional. i know my manager would certainly not like this.Probably just stick to your performance.
These tips will not work for 90% of us. She beautiful and cannot relate to average people. Be honest... if you were interviewing candidates for a position and she (Linda) walked in you would immediately say "You're Hired!" She must be Canadian... she says "resource" weird (like Canadians).
Thank you Linda. Great information and tips. I have been asked by a new job prospect to provide a compensation plan and your tips have been very helpful. I'll report back and let you know of the out come
I appreciate the effort put into this video, but tip 3 is just not true whatsoever. By giving a specific number, you're setting the limit by yourself. Noone wants to negotiate with themselves when they can possibly get a higher salary. The best advice here is to give a range. But a calculated range "Based on the market research that I performed with similar companies, the average range is 75,000 to 95,000, and I believe I fall into the higher end of the spectrum because of x, y and z". The goal here is to establish a baseline from THE EMPLOYER so that you can max out what they are willing to pay. Once you have maxed this out, transition the conversation over by saying something like "I appreciate the offer you just made, its a lot closer to closing the gap, but I'd like also like to discuss other compensation methods such as a bonus structure or stock options. Would that be okay with you?". Giving them the power back, BUT opening the discussion into additional salary.
You are wonderful to listen to, thank you for all of your advice. The problem I have is that I work for a company that has a nearly non-existent operations structure, from job titles, split duties, pay based on "favorites" and certainly not timely performance reviews. When the reviews do happen (maybe 3x in the last 10 years), they always come up with something negative to say even if you are the #1 top employee..I've gotten 1 raise in the last 5 years and that was due to my refusing to take on yet another department without a raise (this made them very upset with me and things have never been the same). About a year later they gave everyone in operations a paycut which lasted nearly 1 full year...they only gave us our pay back after much discussion and rumbling from the employees (and 3 people quitting). Sales on the other hand - they did not give a paycut to and people in sales are given tons of extra leeway and perks....how do you logically and professionally approach a company like this? perhaps the only answer is to quit...
I am a subscriber! This video was so helpful. I do have a follow-up question as I feel i butchered it when they asked me what salary i wanted. I gave them a range of 40k-60k when I really wanted 50k based on my experience and credentials. Do you have any advice to remedy this at this point? Or advice if they give me a low offer and how to negotiate for better? Thank you!
What if your ideal number is say $90,000, but they are expecting you to say somewhere around $75,000? Could that be an immediate turn-off to the company and they then revoke the offer? Even if $85,000 is the average, that would be my willing to settle number, but would they revoke the offer entirely or reject your number with a number of their own? Also, what happens if the employer gives you a really low number first, instead of asking you and claim they won't negotiate higher?
The operative word is "negotiable". If 90K is your walkaway number, then you have to walkaway or change your negotiating position. I would hope if you stated "$90K" that it was your opening number, not your walkaway. The way a negotiation works is they come back with a counter, then you counter and its done. Salary negotiation is just like selling your house. You never list your house for the minimum you'll take. If the buyer offers you your listing price right off the bat, then you left money on the table.
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