6 Steps for a High Starting Salary

Although "money is not everything", preparing for the discussion and negotiating the salary is an important step in registering for a job.

Here are 6 steps to ensure a higher starting salary for a company:

1. Know how much you "value":

The key to a successful negotiation is information, so find out or appreciate what your market value is. Discover what the salary range is for the job you want.

Once you know the basic salary, consider your qualities, education, experience, and any other skills that you can use in your new position, so that the employer can determine in which part of the interval your starting salary is.

2. Postpone salary discussions as much as possible:

If you ask for a certain salary too early, you risk either being disqualified, because it is too high or being considered under-qualified, because the salary is too low. Even if neither of the two issues occurs, your chances of negotiating a higher salary will be limited anyway.

If required to mention your salary requirements when you register for the job, you can say that you are flexible or that you want to earn "market value" or a competitive salary for a person in the same position.

If they do not want to schedule the interview before you get the salary requirements from you, you can ask what is the average salary offered for this position, tell them that your requirements depend on several factors, including the benefits offered by the company, commissions, percentages. from profit, advancement opportunities, or training, and then say an interval in which you would like the salary to fit.

3. Don't lie about the current salary:

Fearing that the current salary would not influence their proposed salary for the new job, some candidates declare higher earnings. However, they do so to their detriment.

Nowadays, companies do more detailed research, some of them also looking at the salary and it is common for a potential employee to be rejected because they would have provided false information about him.

The surest thing you can do is try not to divulge your salary until you have a chance to prove that you deserve more.

4. Never accept or sign an offer on the spot:

No matter how good it sounds (or how desperate your situation may be), don't sign or ever accept an offer until you've looked at it carefully. When you get the proposal, thank the interviewer and reaffirm your interest in working for the company, then ask for time to analyze the offer.

Find out what are the opportunities for advancement within the company and how your performance and salary will be reviewed. Before accepting the offer, make sure that you have evaluated the entire salary package, including benefits and life and health insurance, holidays, days off, training opportunities, material benefits (car, phone, …), as well as other benefits.

5. Don't hesitate to fight for what you deserve:

As long as you are polite, you have nothing to lose by asking the company for a salary package as close as possible to the one you want. In some cases, the manager can increase the offer by 10–20%, in the case of an exceptional candidate, and in any case, he leaves, most of the time, when establishing the offer, a place for negotiation.

If the company is firm on the salary, the other benefits or holidays may be negotiable. Studies show that most employees are flexible about at least some aspects of the salary package.

6. Know when to stop:

During the negotiations, the most likely answers from your employer are either to accept certain terms or to refuse the negotiation. If he has stopped accepting some terms or if he refuses to make further concessions, it is time to stop negotiating.

Remember that it is not good to lose the goodwill of the employer, unnecessarily prolonging the salary negotiation.