{"id":205,"date":"2016-06-22T09:00:58","date_gmt":"2016-06-22T01:00:58","guid":{"rendered":"https:\/\/news.loop.sg\/?p=205"},"modified":"2016-06-22T09:08:24","modified_gmt":"2016-06-22T01:08:24","slug":"salary-negotiation","status":"publish","type":"post","link":"https:\/\/news.loop.sg\/index.php\/2016\/06\/22\/salary-negotiation\/","title":{"rendered":"Salary Negotiation: Ask for Better"},"content":{"rendered":"

 <\/p>\n

The most difficult part of any salary negotiation is that feeling that you’re always leaving something on the table. Unless you’re interviewing with an organization that makes its salary data public, the chances are that you’ll never truly know if your offer is on par with what your new colleagues or your predecessor are making.<\/em><\/strong><\/p>\n

\"SkillsFuture:

Picture from Gizmodo<\/p><\/div>\n

 <\/p>\n

Recently, experienced career coach Ellis Chase has helped one of his clients to get her dream job working for a\u00a0hedge fund\u00a0in an\u00a0article<\/a>\u00a0on\u00a0Forbes. And here is his\u00a0basic idea:<\/p>\n

Let Employer\u00a0Fall In Love With You Before You Start Talking Numbers<\/h2>\n

This is the most important thing. You should be well prepared and<\/span>\u00a0fully express yourself. Show the employer what your strengths are\u00a0and convince them that you are a competent\u00a0\u00a0employees.\u00a0<\/span>That way you\u2019re in a much better negotiating position.<\/span><\/p>\n

Don\u2019t Talk Salary\u00a0Right Away<\/h2>\n

\u201cWhen you get the actual offer, you\u2019re in no emotional shape to negotiate,\u201d he says. \u201cAll you\u2019re thinking about is that you got the offer and you just want to lock it up.\u201d A lot of people are afraid that if they ask for more time, the hiring manager will rescind the opportunity. But that doesn\u2019t happen 99% of the time, he says. What you should say: \u201cI\u2019m thrilled you want to hire me. Could you just give me a couple of days to think about it?\u201d<\/p>\n

Do Enough Research<\/h2>\n

Then, Chase says, it\u2019s time to do as much research as possible on how much the company pays for that position and to draw up a list of things that matter to you, including your scope of responsibilities, base salary, bonus, frequency of reviews, vacation time, technology you\u2019ll be using, even where you\u2019ll sit. Go into the next meeting with a pad and pen and say, I hope you don\u2019t mind if I take notes. That will signify how serious you are and ensure that you have a record of what you agree upon.<\/p>\n

Check out the article<\/a>\u00a0to learn more but also remember, your salary is in your hands, so take the opportunity to learn more about negotiating better compensation for yourself and your subordinates.<\/p>\n

Make use of your\u00a0SkillsFuture Credits<\/a> and take a course\u00a0on Discussion of Total Compensation.<\/a><\/p>\n

#LOOPsg #Elearning #SkillsFuture #Singapore<\/p>\n

Share this:<\/h3>