One of the most challenging parts of being a contracted employee is negotiating your salary. You want to make what you believe you're worth, after all, which is why it's important to open up to your boss or business owner about room for improvement. For those that would like to tackle the matter of negotiating payment, there a few ways that it should be done. Here are the few do's and don'ts that, according to Robert Jain, will improve your chances of boosting your pay.
If you'd like to negotiate your pay, understand that being open works wonder. The reason for this is that it's easy to approach your boss with an abrasive demeanor, which the likes of Bob Jain will tell you is a less than ideal strategy. Instead of starting a conversation this way, try to discuss work-related opportunities instead. After all, these may lead to you being given an opportunity you wouldn't have had otherwise.
Another way to negotiate your pay is by stating your case. After all, you don't want to go into a meeting like this without having some facts to back up your claims. Talk about the contributions you've made in the past year. Discuss how your work improved over the course of time. By bringing up specifics, you have a better chance of negotiating your pay, potentially with the hopes of earning more than what you made in the past.
Now that you know a few ways to effectively negotiate your pay, let's discuss a few methods that should be avoided at all costs. One of the most important is to negotiate in a timely manner. For instance, if you decide to discuss your salary a few years into your tenure, you're more likely to receive what you want or, at the very least, a compromise that benefits all parties. Negotiating too early into your tenure may not yield such results.
It's also worth noting that a lack of flexibility can hurt you during the negotiation process. While it's important to stick to your morals and strive for the highest amount possible, there may come a time when you have to work with what your employer provides. Taking a raise less than what you expected isn't a sign of weakness. If anything, it shows that you're willing to compromise, which is a great trait for any employee.
If you'd like to negotiate your pay, understand that being open works wonder. The reason for this is that it's easy to approach your boss with an abrasive demeanor, which the likes of Bob Jain will tell you is a less than ideal strategy. Instead of starting a conversation this way, try to discuss work-related opportunities instead. After all, these may lead to you being given an opportunity you wouldn't have had otherwise.
Another way to negotiate your pay is by stating your case. After all, you don't want to go into a meeting like this without having some facts to back up your claims. Talk about the contributions you've made in the past year. Discuss how your work improved over the course of time. By bringing up specifics, you have a better chance of negotiating your pay, potentially with the hopes of earning more than what you made in the past.
Now that you know a few ways to effectively negotiate your pay, let's discuss a few methods that should be avoided at all costs. One of the most important is to negotiate in a timely manner. For instance, if you decide to discuss your salary a few years into your tenure, you're more likely to receive what you want or, at the very least, a compromise that benefits all parties. Negotiating too early into your tenure may not yield such results.
It's also worth noting that a lack of flexibility can hurt you during the negotiation process. While it's important to stick to your morals and strive for the highest amount possible, there may come a time when you have to work with what your employer provides. Taking a raise less than what you expected isn't a sign of weakness. If anything, it shows that you're willing to compromise, which is a great trait for any employee.
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