Everyone wishes they made more money, especially since work is so much harder now and, thanks to technology, we work a lot more hours than we did when we didn’t have as many devices and ways to stay in touch.
The problem with salaries is that they aren’t always fair, or they aren’t enough to live on so you don’t have to worry about how you’re going to make it to the end of the two weeks, so you have to learn how to negotiate (because getting a better salary is also important so that you can continue to grow professionally and advance in the world of work).
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But how do you ask for more money? There is a lot of advice out there, and most of it is about what not to do (like launching at the wrong time, not backing it up with achievements and improvements, or asking too aggressively), but Harvard Business Review says there are a few right ways to do it. and that the job interview should be the start of everything.
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This is important because if you start a new job with a low salary, it may take a lot of work or a long time, even with raises, to get to a good amount that lets you keep your quality of life and lifestyle.
Harvard says this is how you should negotiate for a better salary:
An expert at the Harvard Business Review’s Ascend blog, Paige Cohen, wrote an article about 5 ways to negotiate money at work so that you can make an informed proposal and get a salary that meets your needs and expectations.
Start by Researching “the Competition”
Cohen says that if you want to start out with a fair salary or get a raise while you’re working, you should know how much the same job pays at other companies.
This will help you decide if a first offer is fair or how much of a raise you could ask for when the time comes. The important thing is that you don’t let the company decide everything about your salary. Instead, you should know how much your work is worth and make a clear request. If you don’t, you might get a much lower offer.
Ask Based on Specific Data
This is a part of researching the competition. Cohen says that if you want to order, you’re more likely to get a better salary if you can back up your arguments with data, like information about other similar positions and the value of your work in other places.
If you stick to what you found in your research and official numbers, there’s less chance that the situation will turn into a lawsuit or that they’ll say the salary you want is too high. The expert says that it’s good to show that you’re flexible, but you should also stand up for what you think is right.
Ask about the Salary Band
People sometimes take a low salary because they don’t know how much their job or position is worth. This is why Cohen says in Ascend that you should ask about the salary band, which is the range of pay for a job at its different levels.
This is especially important when you start a new job and don’t know much about salaries. If you do this, you can negotiate a fair salary during the interview, instead of giving the interviewer all the power to negotiate.
Ask for More than you Want
Cohen says that the best thing to do is to ask for a higher salary than you really want. This gives you room to negotiate down, and it’s more likely that you’ll get what you want if you look like you’re willing to go lower. amount a little.
Don’t forget the Rest of the Benefits
You should keep in mind that your salary is more than just the money you get every two weeks. You should also ask about benefits, which can make a big difference in your quality of life.
Look into things like Christmas bonuses, coupons for groceries or gas, savings accounts, insurance, and vacations. These are things that come with the land and can help you save money or make it last longer.