Negotiating a Better Salary
A healthy work/life balance has taken precedence over any other factor due to the pandemic, but salary is still one of the main reasons why job seekers look for a new role. In fact, 59% of workers feel that pay is one of the most important aspects of their job. This is likely to become more important as the cost-of-living rises.
Take a look at our top tips below on negotiating a better salary. Whether you’re looking for new opportunities, are due an annual review, or are looking to request a pay-rise, our top tips will help you secure an increase in pay.
Do your research
You can’t just pluck a figure out of thin air, you need to have facts and figures to back you up. By having this information to hand you’ll be prepared and confident and the amount you’re suggesting will have substance.
Know your value
Your experience, skills, qualifications and attitude make up your value. Don’t be afraid to include these in your reasoning for a better salary with a new company.
Time doesn’t matter
When you are negotiating a salary with your current employer, don’t use the fact you have worked at the company for over X amount of years as a reason for a salary increase. Just because you’ve been there a while doesn’t mean you are automatically entitled to a pay increase (unless it says so in your contract). You need to focus on the skill-set you’ve developed and enhanced.
Explain why
Don’t just go in and ask for a pay rise, make sure you explain why you should receive one, what you’ve achieved, what you’ve bought to the company and what research you’ve done. By justifying your worth it’ll make it harder for the employer to say no.
They may say no
Be prepared for the employer to say no. If this is at job offer stage, this may be the deciding factor whether you take the job or not. If it is in your current role, don’t be disheartened, just because your employer says no doesn’t mean they don’t value you.
These are just a few tips to negotiate a better salary, but do get in touch if you have tried to negotiate a better salary and have been unsuccessful, as it may be time to seek a new opportunity… 01242 339163 | hello@gbsolutions.co.uk
