Patel pointed out that most people tend to accept the salary offered without negotiating first. However, this isn’t wise. “It gives away all power to the organization or hiring manager. This whole process is a two-way process, to ascertain whether or not things make sense to both parties, don’t lose sight of this. Have your figure in mind, and stand firm,” he said. “Quick tip, when asked, state your figure and remain silent until they break the silence.
When it comes to the most common and important methods to have in mind when negotiating a salary, Patel told us, “If an organization offers X, it’s because the work performed by the postholder is worth Y to their business. Y is always greater than X, otherwise, they wouldn’t be hiring.” The other factor to consider is that if you already know the pay you need to earn to feel valued, make that clear. “I once hired a Trainer who asked for close to £15k over the organization’s desired ceiling for the role, but they were absolutely the best person for the role. I knew they could be a great asset.
The career coach asked you to stay realistic, but remember to do the math and stick to your figure. “It’s important to know what you need to earn, want to earn and the minimum it would take to feel valued.” “As for negotiations to secure a pay increase, go in well prepared and act as if you’re talking to people who don’t know you, do not assume that because they know what you do and how good you are, that it should be simple. Explain clearly what has changed and why you think it is worth more, as for how much more, don’t forget to state the figure and then remain silent until they speak,” Patel concluded.Anyone can write on Bored Panda.