How To Negotiate Effectively About Salary Hike?

By | May 10, 2016

How to negotiate salary? – is one of the most tricky question that puts all the working lot in a very uncomfortable situation. According to a recent survey, it was concluded that almost 90% of the employees, both male and female, loves it when it is time for increment but hesitates to discuss it frankly with their seniors and HR. Thus scroll through our piece of writing and know the salary negotiation skills to make your career a satisfying one.

How to negotiate effectively about salary hike?

How to negotiate salary?

  1. Conduct Your Research Well:

Negotiating about the rise in your salary is as simple as discussing about your value to the organization, you are associated with. Look around you and if you have any known face in the same circle, speak with them. You can also make an online study about the trending pay for similar roles and responsibilities. Talking to recruiting experts and going through salary checkers and survey will provide you with an idea about how much to expect.

  1. Highlight your Goals:

Maximum of the companies have a number of goals and parameters set for their employees. If your organization falls into this category then try to keep up to the expected level. From day one, make it a point to stay focused and create your benchmark to work harder and dedicatedly. By doing so you can prove to your boss that you had been punctual and on the right track for a better career opportunities.

  1. Get Your None-Core Skills Noticed:

When you are a part of an organization, just completing your task within the working hours is not sole professionalism. Certain of the none-core skills such as attitude, leadership quality, loyalty, time management, creativity etc as well gets counted. Nobody might advice you but it is true that these qualities catches the attention of the senior management.

  1. Wait For The Right Time:

When the “salary-hike bell” rings for any employee, it is an unpleasant call for the employer. So, don’t make it more disruptive by discussing about it before hand. Bear some patience and wait for the right time. Talk about it as per the performance management process of your company – be it annually or bi-yearly. But in case, your company policies does not possess any precise “pay review time”, in that scenario you can take up the topic during the hours of your performance development review.

  1. Avoid Rush Commitments:

If you are smart, your employer is smarter !! Stay away from making hasty commitments. The offer that your management will offer might appear lucrative, but take time to say “yes” to it. Think about how can the offer benefit you in your future career. Show your appreciation to your concern seniors and inform them that you will soon get back to them on this topic.

  1. Don’t Let “Emotions” Tag Along:

While have a discussion about your salary hike, your management will not consider whether your kid is about to enter college or you are planning to buying a new house. All that will matter to them is facts, data, work reports and your sincerity towards your office responsibilities. Thus, leave such emotionally stuffed topics at home and emphasize on only rational subjects to please your boss.

  1. Underline Your Future Goals:

While negotiating salary increment, along with discussing about how you have contributed to the organization’s progress, forget not to draw attention to what you can do more in the near future. According to career experts, an organization is always ready to pay more when they get an assurance that you will deliver more. Thus, make a business case and throw light on it when the time comes.

  1. Get It Written:

Once you are done with the process of salary negotiation and pay hike, ask your HR to offer you in written the discussed increment along with other beneficiaries. No one remembers verbal discussion and moreover a written statement will keep you in safer zone.

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