Learn how to negotiate a higher salary or more benefits when receiving a job offer; the importance of waiting for an offer before negotiating; strategies for turning rejections into partnerships; the power of asking for alternative solutions; the importance of understanding and articulating your desires in negotiation and life.
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Quick takeaways
The best time to negotiate is right after receiving a job offer because the company has already invested time and emotional energy in choosing you, opening up the opportunity for productive discussions behind the scenes and conveying your willingness to negotiate.
Just asking for what you want significantly increases your chances of getting it, so express gratitude and excitement about the offer while clearly communicating what you are looking for that doesn't align with the terms provided.
Deep dives
The Power of Negotiation
Negotiation is a fascinating topic that plays a significant role in career decisions and choices. The best time to negotiate is right after receiving a job offer because the company has already invested time and emotional energy in choosing you. By expressing gratitude, excitement, and the need for time to consider the offer, you open up the opportunity for productive discussions behind the scenes and convey your willingness to negotiate. Asking for more than just salary, such as additional benefits or creative perks, can help sweeten the deal for you.
The Art of Negotiation
When it comes to negotiation, just asking for what you want significantly increases your chances of getting it. Express gratitude and excitement about the offer, but also clearly communicate what you are looking for that doesn't align with the terms provided. Providing reasoning, such as differences in cost of living or market norms, can strengthen your case. Rather than accepting a flat "no," inquire about what can be done instead or who in the company can make the decision. This approach turns the negotiation into a productive partnership.
Getting What You Want
The secret to successful negotiation lies in understanding what you want and confidently asking for it. Don't be afraid to negotiate, as companies are often willing to make changes to meet your needs. Even if you don't get everything you asked for, the act of asking shows your determination and can lead to compromises or earlier salary increases. Practicing the art of negotiation and being clear about your priorities will lead to greater success in getting what you want.
When you receive a job offer, whether that's for a career change or even an internal promotion, you are in the absolute best position to increase your salary or add benefits. But how do you approach the conversation? What exactly do you say? What do you ask for? In this episode, Scott discusses the best time to negotiate, examples of what you can ask for besides more money, exact verbiage to use and more!
What you’ll learn
How to increase your salary and/or benefits through negotiation
What to do in each step of a negotiation & exact verbiage to use
Strategies for transforming a potential "no" into a productive partnership