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by Michael Chaffers The best source of information about what's going on in the workplace comes from you, our members. To better serve you, our experts are now combing the boards for the most frequently asked questions. Here are answers to your most frequently asked questions. Question: How do I figure out what I am worth? Negotiation Coach's Answer: You have to figure this out before you begin your negotiation. You should conduct some research and establish what seems to be a reasonable range for others with similar experiences and credentials at similar jobs in similar industries, then ask for the highest figure in that range that you can justify given your distinctive capabilities. For more advice, check out our Salary Center, where you'll find out how to negotiate for the salary you want, as well as the salary calculator, which will estimate your worth. Q. What salary should I ask for? Our members say: The Negotiation Coach says: In selecting a salary figure, avoid tactics that lead to arbitrary numbers. Whenever you put a figure out there, you have to prepare a persuasive answer for the question "Where does that number come from?" In many cases, a random increase over your last salary feels like an arbitrary number. You will be more persuasive, and probably feel better about the figure, if you do your research. I have no problem quoting a range, as long as you are certain that the lowest figure is still a fair salary and you are willing to accept it to close the deal as long as your other interests are satisfied (e.g., benefits, title, job responsibilities). One way to lessen the danger of being tied to the lowest number in the range is to make clear why you believe the higher figures are more appropriate for you, given what the market pays for your distinctive abilities and experience. Q. How do I counter-offer? Negotiation Coach's Answer: Instead of playing their game by putting out your own extreme number, stay true to your research and put out a figure that is justifiable given what the market is paying. Be sure to share your reasoning and data, too. Your goal is persuade the company to agree to what's fair, not haggle to a compromise between two relatively arbitrary figures. Q. Should I tell them my current salary on my resume or when they ask? Our members say: "I've tried "omitting" salary history because I didn't want to screen myself out from the get-go. I have actually received terse responses from staffing folks that I would not be considered because I didn't include salary history." Negotiation Coach's Answer: If the company insists on the information, ask why they need it and think of other ways to satisfy that interest. For example, if the company wishes to ensure that there is a figure that would satisfy both of you so that no one is wasting time, an exchange of salary expectations may be sufficient. You could say, "I would feel fairly treated if I were paid comparable to what others make, which I believe is about $x. Is that in line with your expectations?" Finally, if the company insists, provide the information. At worst, the company will use the information to make you a salary offer. If you think it is too low, your task is the same as it always is when facing an unacceptable offer -- to persuade them that you should be offered more, based on the value you can provide and what the market is paying for your skills. |
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