How to Negotiate a Job Offer

I had the great pleasure of being a special guest (along with @CornOnTheJob) on #u30pro last night. The topic? How to negotiate a job offer. If you weren’t able to make it, here’s a recap:

Q1: At what point are you in the position to negotiate a job offer?

@heatherhuhman: An offer of a job *is* a negotiation. It’s like buying a car — don’t always accept the sticker price.

@CornOnTheJob: Simply put. Salary should not be brought up until an offer is made. At that point, you can start a negotiation.

@mattchevy: You really need to prove results (w/ numbers to back it up) – Salary negotiation is pointless without proof of performance.

@CornOnTheJob: Never seem greedy, and know your opportunity. Keep in mind that pay is JUST 1 part of your job.

@heatherhuhman: My first disagreement with @shanemacsays of the evening. :) Don’t use Salary.com — it’s incredibly inaccurate.

@CornOnTheJob: Know that each company has their own grading system. Salary.com is not always valid. Good tool, but beware.

@heatherhuhman: @shanemacsays Glassdoor.com is a much better resource — filled out by real people within actual organizations.

@heatherhuhman: @shanemacsays Mentors and industry professionals are even better resources of what you should be making to start out.

@CornOnTheJob: If it is your first job, don’t negotiate yourself out of a job. It’s important to get the experience.

Q2: What are different things you look for when negotiating?

@heatherhuhman: People often forget that there’s more to a job than just salary. Sick days, vacation days, 401k, remote work possibilities…

@heatherhuhman: Agree with @CubanaLAF. 20-somethings def have negotiating power! Age doesn’t matter if you have the qual to back up request.

@heatherhuhman: Go into negotiations knowing yourself. What do you need out of a work environment? I love working from home, for example.

@heatherhuhman: And remember, negotiations are 2-sided. Don’t just ask, ask, ask. Be ready to give, too. Start high, accept something lower.

@CornOnTheJob: You can negotiate flex schedule, and telecommuting, but the environment/culture won’t be changed

@heatherhuhman: Disagree with @JHof. Salary is definitely negotiable! I would say actual responsibilities are less negotiable.

@mattchevy: You can ALWAYS negotiate, regardless of your age/experience. Just be smart, confident, and know your value.

@heatherhuhman: Remember that negotiations can break down, and just because you receive an offer doesn’t mean you should take it.

@heatherhuhman: Agree with @RecruitWhiz. Negotiations are NOT demands. Open communication, give and take & transparency are important.

@CornOnTheJob: Keep in mind that some companies have set ranges and salary grades. Sometimes they just can not budge.

Q3: How should negotiations take place – over the phone, email, in person?

@CornOnTheJob: Depends on that company. Corporate, phone. Never email, unless it is small details. My answer is PHONE all the way.

@heatherhuhman: Start negotiations in-person or via phone, but *always* follow-up conversations in writing so there is a record.

@heatherhuhman: While e-mail may be “impersonal,” it’s important to keep a record at every stage. Don’t start there, end there.

Q4: How do you know what to ask for when negotiating?

@heatherhuhman: If we’re talking salary, always request a range — not a specific number. Makes for easier negotiations. Get range from mentors.

@heatherhuhman: I think someone said this, but make a list of what’s negotiable & what’s not for you. Go into convo knowing where you’ll give.

@heatherhuhman: Another thing to remember is that every job is temporary. Seriously, every one. Think about what you can live with for that time.

@CornOnTheJob: Go in there with the attitude that you will earn the money you want. You’ll do it. Believe it!

@heatherhuhman: Determine your value by looking at the previous experience you have & what you can genuinely bring to the table.

Q4b: Are there any tools that can help you?

@heatherhuhman: I already mentioned a great one earlier — Glassdoor.com. It’s free – check it out!

To review the entire transcript, click here.

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  • http://www.wix.com/kciesla/portfolio Kim Ciesla

    I appreciate the great advice. I think this is one area many students don’t think about until it’s too late. But I do have a question–do you think it’s appropriate (and if so, how should we go about negotiating) to ask for budget allotments for conferences and learning tools such as webinars and teleseminars? And if so, does that mean we should expect to take a lesser salary?

  • http://www.jobmail.co.za Jobs

    Great post. I found that being confident and standing your ground will help you get the offer you want.