10 tips to get high salary
My name is David, admin of InterviewQuestionsA2Z, let me share all of you about 10 tips to get high salary as below. If you have any questions, pls leave your comments at the end of this post.
1. Choose the right time
Once you are aware of your value and how much you should earn, achieving it becomes the next thing to do. Being patient is the first step you should take. During an interview for a different role, don’t be in a hurry to ask for an increase; allow your employer to suggest a new offer.
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2. Offer a remuneration range instead of a target
When you know the competitive worth of a job, offering a price range is better than giving an exact figure; This creates an opportunity for negotiation and allows your employer to see you as a flexible person. According to Martineau, “Selecting a range instead of a target provides a cushion if the money you are asking for is on the high side. No matter what, the company’s offer will surely fall under the range you provided.” He also added that as long as the company is interested in your service, they will want to give a good impression by meeting your offer.
3. Use a weird, precise figure
An executive recruiter in New York recommends using strange, precise figures during negotiations. It’s better to request $71,500 instead of $70,000. A statement by Malia Mason, a lead researcher in a study published in the Journal of Experimental Social Psychology United explained that instead of using rounded figures, use precise numbers because it will provide a strong anchor. This shows that you have done adequate research. According to Mason, “Using precise figures provides a level of accuracy that the speaker decides to use a quantitative evaluation— as ‘seven days’ versus ‘one week’— gives the recipient a hint on the degree of errors surrounding the expected estimate.” Even when provided with a range, ensure you use a precise number.
4. Be calm
After receiving a quote, do not be in a hurry to agree to or refuse an offer. Simply saying “I will think about it,” can allow your employer to increase the initial offer.
5. Saying no may be a good option
If you have doubts about the role, saying “no” can also bring a more interesting offer than the initial offer. I rejected an offer for a new role I had no interest in, despite the attractive pay, and I received different calls stepping up the original offer.
6. Do not leave without taking any offer
According to Anu Mandapati, founder and CEO at IMPACT Leadership for Women in Austin, Texas, “Most people are only concerned about salaries and other negotiation possibilities such as the desired work schedule, training opportunities, vacation and tuition payments. When the organization cannot comply with your demands, enquire what is required of you to receive that pay. You could come to terms with the company concerning the previously mentioned item if they are having financial issues. If the situation on ground is something you can handle within a given time, inform the company how these areas will be improved and give examples on how you managed challenging situations in the past, and how applicable it is to the company.
7. Do proper research
“All jobs have a price range. Devote your time to discovering it, then don’t be scared to request above the usual pay,” says Ted Leonhardt, a negotiation consultant in Seattle. He also said: “When a firm comes to you for assistance, they know your value.” Asking for an increase confirms your worth or value.
8. Your salary needs should be sincere
According to Alex Twersky, co-founder at Resume Deli, in Hoboken, New Jersey, you should be; “Familiar with persons in charge of the interview. A company that wants to hire someone outstanding for a particular position should know what you stand for. Both sides will suffer loss if expectations are not met. Thus, it is preferable you state the salary you desire and let them decide on what to do.”
9. Show you can make an impact
According to Lela Reynolds, a senior career consultant with Resume Strategists in New York, “Reveal your worth through influences and efforts made during your career, specifically in your existing position. Emphasize your capabilities, performance, and results achieved when given a task with relevant examples to the company. This will provide the employer with facts, and proof of improvement that they cannot ignore.”
10. Be the first to make an offer
According to Elizabeth Becker, a client with PROTECH in Charlotte, North Carolina; “Do not wait for your boss to make an offer first. Following traditional advice, allow your boss or employer suggest a salary raise first, in case they had plans to make a higher offer you did not expect. If we are true to ourselves, we know already that most organizations will offer a small figure to see if you will accept it, and once this offer is placed, you may find it difficult to go for a number that is higher than what they already offered.
But do not make demands. “Asking for an increase should not be seen as the ultimate goal. You can get the increase you desire, but the choice could be expensive and jeopardize good impressions about you. Rather, allow your boss to see reasons for your request by showing appreciation, then reveal your key achievements and contributions. Once you have established a connection between you and your boss, seize the moment and tell him about your demands,” says Roy Cohen, career counselor and executive coach in New York.