The Career Doctor's Cures & Remedies:
"How do I go about getting the best salary... the best job offer?"
by Randall S. Hansen, Ph.D.
This article is part of a series from The Career Doctor's Cures & Remedies to Quintessentially
Perplexing Career and Job-Hunting Ailments.
Read more.
Most job-seekers find this part of job-hunting the toughest -- at least the toughest
in the sense of getting an offer that you want. We worry about appearing too
greedy or about not asking for enough. We worry about causing conflict when
we don't even have the job yet. However, negotiation is part of the job-hunting
process, and if you are determined to get the best offer possible, you really
need to learn to get comfortable with it.
Key Salary Negotiation Strategies:
Delay salary and benefit negotiations for as long as possible in the interview
process. You'll have more power to negotiate when the field of candidates has been
reduced to just you -- when the employer is completely sold on you as the best
candidate for the position.
Remember that you'll have your greatest negotiation leverage between the
time the employer makes the original offer and the time you accept the final offer.
Once you accept an offer, you have little to no room to negotiate.
Don't negotiate at the time the initial job offer is made. Thank the employer for
the offer and express your strong interest and enthusiasm in the job, but state that
you'll need time to evaluate the entire compensation package. Most employers are
willing to give you a fair amount of time to review.
Do your research. The greatest tool in any negotiation is information. Make sure
you have done a thorough job of determining your fair market value for the job you seek,
the salary range of the job for this specific employer, and geographic, economic,
industry, and company-specific factors that might affect the given salary.
Just do it. While a large percentage of corporate recruiters (four out of five in one
study conducted by the Society for Human Resource Management) are willing to negotiate
compensation, only a small percentage of job-seekers actually do so. You don't have to
be an expert negotiator to get a sweeter deal; you just need to know the rules and
strategies of negotiation.
Negotiate to your strength. If you are a smooth talker (an extravert), call the employer
and ask for a follow-up meeting to discuss a counter proposal. If you communicate better in
writing, follow our guidelines for writing a counter-proposal letter (below).
Always ask for a higher salary (within acceptable limits) than you are willing to accept
so that when the employer counters your proposal, the salary should be near your original goal.
If the salary you're offered is on the low end -- and the employer has stated that salary
is not negotiable (probably because of corporate salary ranges or pay grade levels), consider
negotiating for a signing bonus, higher performance bonuses, or a shorter time frame for a
performance review and raise. Always negotiate base salary first, and then move on to other
elements of the job offer.
When presenting a counter-proposal to the employer, be sure and include a few benefits
that are expendable so that you can drop them in a concession to the employer as negotiations
continue.
Never stop selling yourself throughout the negotiation process. Keep reminding the employer
of the impact you will make, the problems you will solve, the revenue you will generate. And
continue expressing interest and enthusiasm for the job and the company.
Who is the Career Doctor? Learn more, read his current career column, or browse the column
archives when you visit the Career Doctor's homepage.
Dr. Randall S. Hansen is a nationally recognized career and job-search expert.
He is founder of Quintessential Careers,
one of the oldest and most comprehensive career development sites on the Web, as well CEO of
EmpoweringSites.com. He is also founder of
MyCollegeSuccessStory.com and
EnhanceMyVocabulary.com. He is publisher of
Quintessential Careers Press,
including the Quintessential Careers electronic newsletter,
QuintZine. Dr. Hansen is also a
published author, with several books, chapters in books, and hundreds of articles. He's often
quoted in the media and conducts empowering workshops around the country. Finally, Dr. Hansen is
also an educator, having taught at the college level for more than 15 years. Visit his
personal Website or
reach him by email at randall(at)quintcareers.com.
Questions about some of the terminology used in this article? Get more information
(definitions and links) on key college, career, and job-search
terms by going to our Job-Seeker's
Glossary of Job-Hunting Terms.