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Have you been talking to a company that you really want to work for, but they don’t offer as much of a salary as you’d like? While this is a common occurrence, there is still hope! Here’s how to negotiate a higher salary with HR so you can get the job and start earning more money.
Negotiating a higher salary is one of the most intimidating things you can do in your career, but it doesn’t have to be. This article explains how to negotiate a higher salary with HR.
Do your research
Before you go into the negotiation, make sure that you know what the market rate for the position is and how much other people in similar positions are paid. The more information you have about the company’s budget and how much they’re willing to pay for someone with your skillset, the better equipped you’ll be when it comes time to negotiate.
Prepare ahead of time
Before going into the negotiation meeting, write down everything that’s important to you—including why those things are important—and review them so that they are fresh in your mind when it comes time for discussion. In addition, make sure that any documents or information related to your request (for example: salary histories) are ready before meeting with HR representatives so that there’s no delay once discussions begin.
How to negotiate a higher salary with hr
How to prepare for a salary negotiation
The first thing to do before you approach HR about a higher salary is to make sure that you know the market value for your role. It is important to know what other people doing similar work are getting paid, especially if you are in a competitive marketplace. There may be some information on this in public sites like LinkedIn or Glassdoor; however, most companies don’t advertise their salaries online. If possible, talk to your workplace contacts or friends who also work at other companies in this sector.
It’s also worth thinking about how much money you want and why. It might be tempting to ask for more than your current salary without doing any research into what others with similar experience earn—but remember: if the company won’t pay it, they won’t hire you anyway! So it’s worth taking time upfront before approaching HR so that when they offer something lower than your asking price, there isn’t any disappointment or frustration on either side of the table
Make the first move
If you want to increase your salary, it’s best to make the first move. This can be difficult for some people—especially those who are used to following orders from their superiors. However, if you feel comfortable doing so and have confidence in yourself and your abilities, then here are some tips on how to make a salary negotiation happen:
- Be confident about why you deserve more money or benefits. If someone asks why they should give an employee more money or better benefits, it’s important that they feel like they’re being heard and understood by management. The first step is showing them that you understand where they’re coming from as well as where the company is now by explaining what makes you valuable (and worth paying more).
Negotiate like a journalist
The first step in negotiating a higher salary is understanding what your company wants and needs. Before you can ask for more money, you need to understand what the company’s goals are and how you can help them achieve those goals.
If you’re having trouble getting down to brass tacks, try asking questions like: “What do I need to do in order for my performance review to go well?” or “What do I need to do in order for this raise request to be approved?” These questions will prompt HR managers or executive leaders into explaining their reasoning behind any salary decision they make—which may give you insight into their priorities and how they plan on spending their budget.
Don’t think too much about why you want what you want.
While it’s important to be able to justify your salary, sometimes the best way to do that is by not thinking too much about why you want what you want.
Instead, focus on how your role fits into the company as a whole and what kind of impact it has had on the business. Also, think about what other companies would pay for someone in your role at this level of experience. These factors give HR tangible reasons why they should offer you more than they currently are offering (and if they don’t agree with those reasons, then maybe they aren’t the right company for you).
Come to the table with an ask
When you are negotiating a higher salary with HR, it is important to first make the first offer. This can be done in one of two ways:
- Make an ask based on what you know about the position and its salary range
- Share your goal with HR and see if they have any questions or concerns about it
Research comparable salaries for your desired position
When you make an appointment to discuss your salary with HR, it’s important that you do some preliminary research. Doing so will give you a greater understanding of the value of your position and what other people are being paid for similar positions. It will also help prove that you are a valuable asset to the company and should be compensated as such.
When researching comparable salaries, look at salary guides or job postings on sites such as Glassdoor or Monster, or use your own professional contacts to get information about salaries in various industries. These resources can provide useful ballpark figures when comparing yourself against others working in similar roles within your organization (or even competitors).
Also keep in mind that when negotiating salary increases, it’s not just about earning more money—it’s also about increasing benefits like health care benefits and vacation time that come with higher-paying jobs.
Document your past achievements and contributions to quantify your value.
Document your past achievements and contributions to quantify your value.
When you’re talking to HR, they want to know what you’ve done before and what kind of value that brings to the company. To make this easier, write down a list of all the things you’ve done in your current role that have helped the business increase profits or achieve other goals. For example, if you helped develop new sales strategies for an important product line, saved the company money by negotiating with vendors, or made any other significant impact on the organization’s bottom line (or its ability to hit key metrics), document these examples clearly so HR can see them clearly when they conduct their interview with you.
Sometimes it’s also helpful for people who are asking for raises themselves to ask their bosses about major accomplishments from previous jobs as well. This will help them understand how valuable this person was in their past roles before coming aboard at his/her current employer
Consider compromising on non-salary compensation.
If you are negotiating a higher salary, consider compromising on non-salary compensation. For example, you might ask for flexible hours or vacation days in exchange for a lower salary. Another option is to work remotely full-time and take advantage of all the benefits that come with a remote position (e.g., healthcare and retirement savings plans).
Ask for more than you think you’re worth.
Before you can begin negotiating, it’s essential to know what you want. You may ask yourself, “What is my current salary?” The answer is irrelevant because the company does not want to pay more than they are willing to pay. They want employees who will do their job well and be happy with the salary; if you’re not happy with your pay, there is no reason for them to give it up.
The best way around this problem is by asking for a higher salary than what they initially offer. It may sound risky at first but remember that if they say no then they must have had some idea of how much money they were willing to spend on this position before hiring someone else!
Another important thing before making any offers during negotiations: don’t oversell yourself! While talking about all of your past experience might sound appealing in theory (and could work in some situations), most companies aren’t looking for someone who can do everything under the sun. They just need someone who can do one thing really well – so focus on highlighting those skills instead!
If you don’t ask, you don’t get!
The best way to negotiate your salary is in a direct and confident manner. When you’re trying to get more money from your employer, it can be easy to feel intimidated by the thought of asking for a raise or promotion. However, if you don’t ask then there’s no chance that they’ll know how much more valuable your skills are than what they currently pay you!
The worst thing that can happen when negotiating a higher salary is getting turned down. But this doesn’t mean that there’s no benefit in asking for something—even if someone says no, at least now both parties know where each other stands on the issue. Asking questions and soliciting opinions will help clarify things further in order to avoid any confusion later down the line.
