There are quite a few salary negotiation mistakes that people often make. If you are in the market for a new job, you need to know what they are so that you don’t get taken advantage of by your new employer. When you are looking for a new job, one of the first things that you should do is ask for a salary offer packet. This way, you will be able to see exactly what your salary is and what you can expect to receive in return.
Unfortunately, when an employer gives you a salary offer packet, there are many common mistakes that people make. The first one is that they tell themselves that it is okay to accept something less than what they want. Your salary is important, and you need to understand that if you say yes to salary negotiations on purpose, it will actually cost you more in the end. Before you agree to anything, make sure that you understand all the possible consequences that you could face if you say yes but actually do not agree with the salary offered.
For example, one of the most common salary negotiation mistakes that people make is that they try to bargain down when they are offered a better salary. You should only attempt to bargain down as much as you can. If you have been offered a wage that is much lower than what you deserve, you will be right to be angry. You should not be afraid to fight for a higher salary, but you should keep in mind that the longer you try to bargain, the more likely it is that your employer will walk away from the deal. It would be in your best interests to consult a specialist–a coach, the recruiter representing you, a knowledgeable former manager or adviser– before agreeing to anything so that you will be completely informed of the consequences of walking away.
ABOUT JEFF ALTMAN, THE BIG GAME HUNTER
Jeff Altman, The Big Game Hunter is a coach who worked as a recruiter for what seems like one hundred years. His work involves career coaching, all as well as executive job search coaching, job coaching, and interview coaching. He is the host of “No BS Job Search Advice Radio,” the #1 podcast in iTunes for job search with more than 1900 episodes, and is a member of The Forbes Coaches Council.
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