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How to negotiate salary for entry-Level Jobs

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5 tips to Negotiate your salary and up your paycheck

 

“It’s my first job, said Ramesh to his father and I don’t think I am in a position to negotiate. Jobs are less and companies are not hiring enough people. I will just accept whatever they’re offering and may be see later what has to be done”. His father was not very happy on his thoughts and wondered -How does one justify asking for more than the company is offering, especially for an entry-level position?

Negotiating is one of the most stressful aspects of the job search, especially when candidates are freshly out of college hunting for a job to start their career. A lot of candidates are afraid that if they ask for more time or if they negotiate on salary after receiving the offer, the hiring manager will take the offer back. So what is the right way to negotiate if one has to and what are the favours in winning the argument? What are some general thoughts to keep in mind when negotiating?

Related: 5 guaranteed ways to get a salary increment that you want

1. You may not have enough work experience as a backup in the interview process, and this may not prove advantageous for you, but you can do a lot of homework and come prepared to the interview with an outline of what you would do in the first few weeks, what you understand of the role, draw up a list of things that matter to you, starting range of the salary for this position at similar companies, frequency of reviews, vacation time, technology you’ll be using, even where you’ll sit and that you are capable of doing it.

2. Spend a lot of time researching about the job and the company and speak to people who have similar jobs. Speak to a few recruiters as well as they know what people with your experience and expertise are worth.

3. Take notes in the meeting after seeking permission of the interviewer and write down the important things. This will signify the seriousness and ensure that you have a record of what you have agreed upon.

4. “You can’t go in with an attitude of ‘I’m entitled,’”, “But, rather, ‘I have this specific experience and expertise –. Prepare and know your key skills, strengths and weaknesses which can help you negotiate and let you demand a different package. Show interest and willingness in developing your skills as per the job and as mentioned by the interviewer.

5. Take the exact salary number from the employer and understand all the components of the salary package – what is due to you in hand and the deductions.
Above all you should be careful while asking questions from the HR, and make the meeting more respectful, professional and amicable. 99% of the employers will not turn you down if you ask for more thinking time and if you negotiate, instead it shows clarity of thoughts and actions. So All the best and come out as a winner!!!

Summary:

Negotiating salary is one of the most stressful aspects of the job search, especially when candidates are freshly out of college hunting for a job to start their career. Candidates feel awkward negotiating salary once they have an offer, and in the bargain they usually take the first offer that they receive. This blog gives you some handy tips to negotiate salary and not to accept lower than what you can get.

Also Read:

How to Create Growth Opportunities in Every Job

Annual Appraisal giving way to Regular Feedback

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