Wednesday, November 13, 2019
9 Things to Never Say in a Salary Negotiation
9 Things to Never Say in a Salary Negotiation 9 Things to Never Say in a Salary Negotiation Youâre 96% sure that you are ready to schedule a meeting with your boss to ask for a raise. Or perhaps youâre nearing the end of the job interview process and an offer is in sight. However, if youâre like me, you have definitely put your foot in your mouth a time or two saying the wrong thing at the absolute worst moment. Doh! No matter how many times you rehearse what to say, thereâs always that risk of fumbling right at the five-yard line. Instead of panicking, get prepared. To coach us along in the salary negotiation process , we turned to Josh Doody, author of Fearless Salary Negotiation . â A salary negotiation is a collaboration, and a key ingredient of a successful collaboration is good communication,â says Doody. âItâs important to be very clear with what you communicate to avoid ambiguity, which could complicate things and slow the negotiation process.â Instead of Doody simply sharing the things you should say, heâs here to warn you about the potential negotiation landmines to avoid when angling for the salary you deserve. Here are 9 things to never say in a salary negotiation: The most common question recruiters will ask a candidate is something like, âSo where are you right now in terms of salary, and what are you looking for if you make this move?â Donât fall for it. âI call this The Dreaded Salary Question and itâs tricky because it usually comes up early in the interview process, and most candidates donât think of it as part of a salary negotiation even though it is,â says Doody. â Answering this question by disclosing numbers can make it very difficult to negotiate effectively later on because it can box the candidate in. Once they disclose current or desired salary, the offers they get are very likely to be tied to those numbers. That can be very expensive if the company might have offered them a much higher salary than they disclosed.â Donât disclose your current or desired salary! â Recovering from this mistake can be tricky and each situation is unique. But one way to untether from those original numbers is to review the benefits package for deficiencies,â says Doody. âIf the health insurance offering, paid vacation, target bonus or other aspects of the benefits package are underwhelming, the candidate can use those as reasons to ask for a higher salary to compensate.â Iâm not comfortable sharing my current salary. I would prefer to focus on the value I can add to this company rather than what Iâm paid at my current job. I donât have a specific number in mind for a desired salary, and you know better than I do what value my skill set and experience could bring to your company. I want this move to be a big step forward for me in terms of both responsibility and compensation. According to Doody, ânegotiating is uncomfortable, and our natural tendency is to try to smooth the edges on a difficult conversation. Saying sorry could signal to the recruiter or hiring manager that you might be willing to back down, and that could be expensive. Donât apologize for negotiating.â âYou want to continuously improve your situation throughout the negotiation and you do that by avoiding negative language and focusing on positive language. Instead of âNo, that doesnât work for me.â (two negative words) you can say, âI would be more comfortable withâ¦â (positive words). Negative words slow things down and may put up walls that make collaboration difficult. Using only positive words is difficult at first, but youâll get better with practice.â While this may sound like the exact word to use when speaking to a recruiter, Doody insists it should be used with caution. âYouâll often get a job offer that seems really appealing, and it might be far more than you expected. Your instinct, in that case, might be to just accept the offer because itâs so good.â âItâs possible you underestimated your value in this situation. Instead of âYesâ, formulate a counter offer to see how much you can improve it. The negotiation should end with the company saying âYesâ to you. Once they say âYesâ to you, or you run out of things to ask for, then you are finished negotiating.â Procrastinators , this one is for you. âSometimes itâs easier to avoid uncomfortable parts of a negotiation by deferring those parts of the conversation until after youâre hired. That can be a very expensive mistake because you wonât have the same latitude to negotiate and improve your position once youâre in the door. Push through the discomfort and get the best possible result now,â Doody advises. âTry is a passive word that leaves a lot of wiggle room, and you donât want that,â insists Doody. âItâs easy for someone to say - honestly or not - âWeâll tryâ¦â and reply with, âWe tried and it just didnât work out.â Donât ask them to âtryâ to do something. Instead, use more positive language like âI would be more comfortable with.â While this word seems counter-intuitive because you are negotiating to get more, itâs a word that is too general for a successful negotiation. Instead of asking for âmoreâ salary or âmoreâ vacation, this is your time to get specific. âDonât leave things to the imagination once youâre negotiating. Instead of âCould you budge on the salary?â, say, âI would be more comfortable with a base salary of $105,000.'â Lastly, the word âwantâ can tank negotiations. Using it can undercut the entire premise of your argument that you deserve to be paid more and you deserve a more competitive salary. Go into a negotiation with facts and figures, making a compelling case. Start with printing out the results of your personal salary estimator, Know Your Worth . See what you base salary should be and see what the industry norms are. âYou could talk about what you want, which just isnât all that important. Or you could talk about what the company wants, which is not as potent as talking about what the company needs, which are the most important thing,â adds Doody. âFocus on the companyâs needs and how you can help meet those needs so they can easily see your value and work to compensate you for it.â Josh Doody is an author and entrepreneur who helps people earn more money and get paid what theyâre worth with simple tactics that he has developed as a hiring manager and salary negotiation coach. His book Fearless Salary Negotiation helps people excel in job interviews and salary negotiations.
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