One of the most challenging parts of being a contracted employee is negotiating your salary. You want to make what you believe you're worth, after all, which is why it's important to open up to your boss or business owner about room for improvement. For those that would like to tackle the matter of negotiating payment, there a few ways that it should be done. Here are the few do's and don'ts that, according to Robert Jain, will improve your chances of boosting your pay.
When it comes to payment negotiation, openness is key. You may be inclined to simply throw out the first number that comes to mind, but this doesn't necessarily open a conversation. Instead, speak about opportunities within the workplace. Discuss your progress at work and what can be done, if anything, to improve your chances of making more money. Conversations like these matter and names like Bob Jain will say the same.
Another way to negotiate your pay is by stating your case. After all, you don't want to go into a meeting like this without having some facts to back up your claims. Talk about the contributions you've made in the past year. Discuss how your work improved over the course of time. By bringing up specifics, you have a better chance of negotiating your pay, potentially with the hopes of earning more than what you made in the past.
Now let's discuss some of the things that shouldn't be done when it comes to negotiating one's payment. For instance, you should be mindful about negotiating too early into your tenure. After all, you might not have proven yourself up until that point. If you want to be paid more, it's important to show why you deserve it. This should be done steadily over the course of time, which speaks to the importance of timeliness in this regard.
It's also worth noting that a lack of flexibility can hurt you during the negotiation process. While it's important to stick to your morals and strive for the highest amount possible, there may come a time when you have to work with what your employer provides. Taking a raise less than what you expected isn't a sign of weakness. If anything, it shows that you're willing to compromise, which is a great trait for any employee.
When it comes to payment negotiation, openness is key. You may be inclined to simply throw out the first number that comes to mind, but this doesn't necessarily open a conversation. Instead, speak about opportunities within the workplace. Discuss your progress at work and what can be done, if anything, to improve your chances of making more money. Conversations like these matter and names like Bob Jain will say the same.
Another way to negotiate your pay is by stating your case. After all, you don't want to go into a meeting like this without having some facts to back up your claims. Talk about the contributions you've made in the past year. Discuss how your work improved over the course of time. By bringing up specifics, you have a better chance of negotiating your pay, potentially with the hopes of earning more than what you made in the past.
Now let's discuss some of the things that shouldn't be done when it comes to negotiating one's payment. For instance, you should be mindful about negotiating too early into your tenure. After all, you might not have proven yourself up until that point. If you want to be paid more, it's important to show why you deserve it. This should be done steadily over the course of time, which speaks to the importance of timeliness in this regard.
It's also worth noting that a lack of flexibility can hurt you during the negotiation process. While it's important to stick to your morals and strive for the highest amount possible, there may come a time when you have to work with what your employer provides. Taking a raise less than what you expected isn't a sign of weakness. If anything, it shows that you're willing to compromise, which is a great trait for any employee.