Are you ready to learn some cool tips on how to negotiate your salary? Well, you’re in luck because today we’re going to talk about how you can get more money when you start working.
Many Nigerians are currently working hard because they believe their salary is worth it. Taking a job that doesn’t offer a good salary can be overwhelming, which is why salary negotiation is an important part of the hiring process.
Why Should I Negotiate?
The purpose of negotiating your salary is to show the hiring team that you bring value to the organization. However, discussing salary can be a sensitive topic during the hiring process, so it’s important to approach it carefully and at the right time.
Negotiating your salary can have some awesome benefits. First of all, it can help you earn more money. Who doesn’t want that, right? It can also show your employer that you value yourself and your skills. Plus, it sets a good foundation for future salary increases. So, it’s definitely worth giving it a shot!
Game-changing Salary Negotiation Tips You Didn’t Know
Here are some tips to help you with salary negotiations:
1. Look Beyond Just The Salary
When negotiating your salary, don’t focus solely on the amount of money you’ll be earning each month. Consider the full compensation package, including health coverage, work flexibility, transportation allowance, and other perks that can help you maximize your income. For example, if the organization provides a staff bus for commuting, it means you won’t have to spend a significant portion of your income on transportation, which is a great benefit.
2. Think Twice Before Revealing Your Current Salary
It is important to be cautious when it comes to sharing your current salary during a job search. Instead, concentrate on discussing the salary range that aligns with your experience, skills, and the market value for the position. Revealing your previous or current salary to the hiring manager could potentially restrict your ability to negotiate on your terms. Therefore, unless you have no other option, it is advisable to avoid disclosing this information.
3. Consider Negotiating Internet Costs If You Work Remotely
Working from the office usually means you don’t have to worry about paying for internet, as it is typically provided for free. However, if you work from home, it’s important to discuss the possibility of having your internet expenses covered or reimbursed as part of your remote work negotiations. This is especially relevant now, given the increased reliance on a stable internet connection for remote work. You can propose an arrangement where the company covers a portion or even the entire cost of your home internet, taking into account the higher usage and need for a reliable connection.
4. Make Sure To Verify Your Monthly Net Income Before Giving Your Final Agreement
Take the time to ask about deductions, taxes, and any other contributions that may affect your take-home pay. Confirm any aspects that you don’t fully understand and ensure that you have a clear understanding of how they work and how they will impact your monthly earnings. This is crucial to avoid any unexpected surprises and to ensure that you are content with the financial terms of your employment.
5. Talk To Someone Who Is Easy To Approach
Receiving guidance can greatly assist you in negotiations. If you have a good relationship with someone in your office who has valuable information, don’t hesitate to ask them questions. This person could be someone who has previously held the same position in the company. It may be challenging to locate these individuals or convince them to share their knowledge with you. However, if you are fortunate enough to find such a person, make good use of the information they provide.
Conclusion
Now that you know some awesome tips for negotiating your salary, go out there and show the world what you’re worth. Good luck!