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by Linda Matias of www.careerstrides.com
A company is interested in hiring you for a new opening.
You feel as if you are in high demand, because ythis is a position that
requires skills you possess. If you are considering any new position and you
currently are already employed, you should be seeking higher wages, a better
working atmosphere, and an overall improvement in your career.
Not asking about your wages
upfront is a mistake. The typical prospective employer is going to ask, ”
What wages are you asking for, if you were to come to work for us?”
While this can be a difficult
question to answer point-blank when you don’t know the current rate of pay
in the company, you can come prepared for the question and negotiate a
higher rate of pay. Never act
surprised when that big question is asked.
Come prepared.
Make a list of
questions that are always asked during interviews, such as:
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Are you new to the
area?
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Do you have a
degree in this industry?
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What did you like
best about your last job?
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What did you like
least about your last job?
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Can you name three
strengths you have, and that would apply to this position?
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What are your
weaknesses?
Being prepared is
going to help you get through the interview. As it comes time to negotiate
your salary you are better prepared, not only with good conversation, but
also in selling yourself to this company--which is essentially what you are
doing!
You want to start out
with a base-level salary, but you are expecting a review of your performance
in 60 days, or 6 months. In stating you are asking for a base salary and
then expect a raise as you show you can perform and be beneficial for the
company, you will show the potential employer you are confident in what you
do and in how you complete your job.
Editor's note: Don't lowball yourself on the base salary. Studies show that
you will never make up for what you give away at hiring time. Many people
think they will dazzle the employer later and get a raise, so they offer a
low salary to get the job. This is a huge mistake:
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The low salary can
actually cost you the job.
-
The low salary can
position you out of future advancement.
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Raises are
controlled by formulas, not merit or reality. There are percentage caps
on raises, and the lower your initial salary, the lower each subsequent
raise--based on that salary--will be.
Yes, ask for a higher
salary right from the start. Also be willing to say you are prepared to
accept a set dollar amount per week, but you also would require additional
benefits. Many times, the benefits are going to be easier for the company to
provide--even with a base salary, overall you are getting paid a higher
rate. Examples of benefits include a laptop computer so you can work from
anywhere, a cellular phone, a gas card for traveling, and perhaps an expense
account for dining with customers or dealing with marketing needs.
Editor's note: Salaries are often controlled by HR policy, formulas, and set
amounts for given job classifications. Managers who want good people are
hamstrung by this stupidity, so they have to work around it. Don't focus on
salary while ignoring the other things a manager can provide for you. These
things can be substantial.
You may be permitted a
clothing allowance, a tool allowance, or perhaps you could start out with
two weeks of vacation per year instead of one. But you need to remember that
the perfect salary is going to be one that you are happy with and one with
which you feel you can support yourself and / or your family. You don’t want
to give up too much of your salary to get the benefits that will not be cash
in your pocket.
Preparing your answers
up front before the questions about salary are asked during your interview
will show you are confident in your abilities, and that you know what you
are worth. Never be afraid to ask for another $29 per week, or another $200
per week, when you know what the salaries are in the industry you are
working. This is especially true if you have the experience and track record
to back up the negotiations for additional salary.
If the employer states
that your price is a little out of their range, remind the employer they are
going to save money by hiring you because you are trained, you are bringing
years or months of experience, and you have ideas for the position that will
boost your overall levels of input and productivity that will benefit the
company almost immediately. Never be afraid to state what you know, and what
you can do for the company.
Editor's note: Employers are not so easily impressed by "years of
experience" today, because they have caught on to the fact that many people
have 6 months experience 40 times over. Before you talk to an employer, take
the time to quantify what you've accomplished. Write up a list of things you
have done and how much money each has saved or how much revenue each has
created. Memorize this list and be able to tick off the items one after the
other in a conversation. That is what will allow a hiring manager to go to
HR and get you reclassified for a higher starting salary. Just be sure you
don't exaggerate or take credit for the accomplishments of others, because
HR will investigate your claims.
Negotiate with the employer before the
first day of employment.
If wages were not
discussed during your interview, make an appointment and discuss your salary
before you start working anywhere for anyone. While you may have a set wage
in your mind and what you know you should be paid, the employer may have a
scale, stating you are paid X dollars per week, and raises are given yearly.
If you are not sure what your salary will be, then nine times out of ten you
are not going to get the wages you expected.
Negotiate with confidence
When you are
negotiating your wages, you need to be confident in your answers, and in
what you are asking. If the question never comes up during the interview,
then you need to initiate the topic. Look the employer in the eye, showing
you are not afraid of any topic, any time. Ask what the salary is. If the
answer is not high enough for you, ask additional questions. Looking the
person in the eye, with a strong voice, ask:
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What the benefits
are
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When reviews for
raises are considered
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What the range is
for raises (2% to 5%, for example)
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What the criteria
are for raises
If you are not happy
with the answer, make a statement along the lines of: “I was expecting the
position to pay $X.” If you are not satisfied with the beginning salary, set
expectations about when you expect reviews, or find out what the company has
in their policy for reviews and raises in compensation.
Editor's note: Don't fall for the "We start you low and then pay for
performance" trick. Employers who say such things don't pay for performance.
They simply pay low and expect high turnover.
Things you can do if
you find the employer is not going to budge on the salary being offered:
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State that you
will have to think about it, and then don’t call the employer for a
week. If you are not calling the employer and they need to fill this
position right away, there is a chance they will call you and offer you
a higher wage.
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Ask for additional
benefits, such as the gas card, expense account, cellular phone, or
extended vacation time.
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Inquire about the
company's paying full medical benefits, more personal days, and similar
types of benefits. Editor's note: be careful about asking for more
sick time--this indicates you have a penchant for being absent and
employers do not like absenteeism.
If you are
interviewing at more than one location, for more than one job, don’t be
afraid to bring up the fact that another company is interested in you and
is, in fact, offering you a much more competitive salary (if it is true, of
course). This will reveal to the employer that you are valuable and perhaps
they should rethink the salary offer they put on the table.
Editor's note: Be prepared to walk away from this job or the offer. If you
aren't prepared to do so, the employer will sense this and you will just
have to accept the salary they offer.
Visit
www.job-interview-advice.net for
free resources, articles, and advice on how to answer top interview
questions, write a compelling resume, embark on a successful job search, and
find a satisfying career.
Certified in all three areas of
the job search—Certified Interview Coach ™ (CIC), Job & Career Transition
Coach (JCTC), and Nationally Certified Resume Writer (NCRW)—Linda Matias is
qualified to assist you in your career transition, whether it be a complete
career makeover, interview preparation, or resume assistance. She is also
the author of "How to Say It: Job Interviews" (Prentice Hall, August 2007).
You can contact Linda Matias at linda @ careerstrides.com or visit her
Website
www.careerstrides.com for additional career advice and to view resume
samples. |