How to Negotiate Your Salary
Getting the Pay You Deserve
Hey Mums! Negotiating your salary can be daunting, but it’s essential for getting the pay you deserve. Here’s how to prepare and succeed in salary negotiations.
Do Your Research
Know Your Worth: Research the typical salary for your role in your industry and location. Websites like Glassdoor and Payscale can provide valuable insights.
Understand the Market: Be aware of current market conditions and how they affect salary levels. This information helps you set realistic expectations.
Prepare Your Case
List Your Accomplishments: Make a list of your achievements, skills, and contributions to the company. Be specific about how you’ve added value.
Gather Evidence: Collect evidence to support your case, such as performance reviews, positive feedback, and metrics that demonstrate your impact.
Choose the Right Time
Timing Matters: Choose a time when your company is doing well financially, or after you’ve completed a successful project. Avoid times when your boss is stressed or busy.
Schedule a Meeting: Request a formal meeting with your manager to discuss your salary. This shows you’re serious and professional.
Practice Your Pitch
Rehearse: Practice what you’re going to say. Role-play with a friend or family member to gain confidence.
Stay Positive and Professional: Approach the conversation positively. Focus on your achievements and how they benefit the company.
During the Negotiation
Start High: Begin with a salary higher than your target. This gives you room to negotiate down to a number you’re happy with.
Be Confident: Speak confidently and assertively. Remember, you’re advocating for your worth.
Listen and Be Flexible: Listen to your manager’s perspective and be willing to negotiate. If they can’t meet your salary request, consider other benefits like flexible hours, additional vacation days, or professional development opportunities.
Handle Objections
Prepare for Pushback: Be ready for objections and have responses prepared. If your manager mentions budget constraints, highlight how your contributions justify the investment.
Stay Calm: If you face resistance, stay calm and professional. Ask for feedback on what you can do to earn a raise in the future.
Follow Up
Get It in Writing: Once you reach an agreement, ask for the new salary and any other terms to be put in writing. This formalizes the agreement.
Thank Your Manager: Regardless of the outcome, thank your manager for their time and consideration. Maintaining a positive relationship is important.
Key Points to Remember
Research and Prepare: Know your worth, gather evidence, and prepare your case.
Practice and Negotiate Confidently: Rehearse your pitch and negotiate assertively.
Be Flexible and Follow Up: Consider alternative benefits and get agreements in writing.
Negotiating your salary can be challenging, but with preparation and confidence, you can achieve the pay you deserve. Go get it, mums!
