If you've worked in a position for long enough, you may feel confident enough to renegotiate your salary. There are certain ways to go about it, as the likes of Robert Jain will attest, which means that your approach matters. How do you go about talking to your boss in the hopes that you can come away with a more sizable paycheck every week or two weeks? The following do's and don'ts will help you do exactly that.
When it comes to salary negotiation, professionalism is the name of the game. Such names as Robert Jain will agree, mainly because this will make your boss more open about discussing a possible raise with you. Otherwise, they may shut down your request entirely, which can make it difficult, if not downright impossible, to renegotiate in the future. Keep this tip in mind, especially if you haven't discussed a raise with your boss yet.
Another way to go about negotiation the right way is to be flexible. You may have a specific number in mind, but this doesn't mean that you'll come away with that exact amount. Instead, discuss a possible range that you'd like to find yourself in. Provide your employer with options that they may be able to work with. Not only does this show professionalism, as discussed earlier, but you'll be more likely to successfully negotiate your pay.
Now that you know a few ways to negotiate your pay, it's important to discuss a few mistakes to avoid. Let's say that you simply tell your boss that you want a raise and how much you're expecting; this is a huge oversight because of the lack of background provided. Offer details such as your successes in the workplace and the length of time you've been employed. The more details you offer, the more likely it is that your negotiation tactics will be successful.
Of course, there's a chance that you'll fail to negotiate, even if you follow the steps discussed earlier. One of the worst things that you can do, in response, is fail to revisit the case. Perhaps your boss is unable to provide you a raise because of a lack of funds at the time. It's always possible that money will be made down the road, especially if your efforts contribute to this growth. Allow yourself anywhere from six months to a year to negotiate once more.
When it comes to salary negotiation, professionalism is the name of the game. Such names as Robert Jain will agree, mainly because this will make your boss more open about discussing a possible raise with you. Otherwise, they may shut down your request entirely, which can make it difficult, if not downright impossible, to renegotiate in the future. Keep this tip in mind, especially if you haven't discussed a raise with your boss yet.
Another way to go about negotiation the right way is to be flexible. You may have a specific number in mind, but this doesn't mean that you'll come away with that exact amount. Instead, discuss a possible range that you'd like to find yourself in. Provide your employer with options that they may be able to work with. Not only does this show professionalism, as discussed earlier, but you'll be more likely to successfully negotiate your pay.
Now that you know a few ways to negotiate your pay, it's important to discuss a few mistakes to avoid. Let's say that you simply tell your boss that you want a raise and how much you're expecting; this is a huge oversight because of the lack of background provided. Offer details such as your successes in the workplace and the length of time you've been employed. The more details you offer, the more likely it is that your negotiation tactics will be successful.
Of course, there's a chance that you'll fail to negotiate, even if you follow the steps discussed earlier. One of the worst things that you can do, in response, is fail to revisit the case. Perhaps your boss is unable to provide you a raise because of a lack of funds at the time. It's always possible that money will be made down the road, especially if your efforts contribute to this growth. Allow yourself anywhere from six months to a year to negotiate once more.
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