OCT 13 , 2024
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Use tools like salary calculators, industry reports, and networking conversations to get a sense of what people in similar roles are earning.
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A good rule of thumb is to wait until the employer is clearly interested in your skills and experience before discussing salary.
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Specific strategies such as anchoring, counteroffers, and bundling etc. help you secure the best possible outcome in your negotiation.
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Before the negotiation, practice your key talking points with a friend or mentor. Visualise the conversation and rehearse how you'll respond to different scenarios.
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Not every salary negotiation will go your way. While this can be disappointing, your openness to collaboration and compromise keeps the door open for future negotiations.
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Make sure to confirm the salary, benefits, and any other compensation-related details in writing, either through an email or in the official offer letter.
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