How To Negotiate Salary In A Poor Job Market?

Negotiating salary can be tough, especially in a poor job market. However, you can still do your best to get the best offer possible. Here are five ways that will never fail you.

1 Never Underestimate Yourself Believe in yourself. Have faith in your skill sets when on the negotiating table. You should feel that you are the one who can do justice to that job. This faith will help you swim out of a poor employer market.

2 Figure Out your Market Value Do some research on the salary you can command, with your skill sets and experience level. There are good online sites for this. Besides, check with your peers from other companies. Do the same if you’re changing your industry. In that case, ask people to help you reach a conclusion.This will make your demand for a salary, when you put a figure to employers, believable and more acceptable.

3 Take Calculated Risks When it comes to quoting a figure for salary, you should always take a calculated risk. With the interactions during the interview process, you can judge how much they have liked you for the job. Your judgement will get further strengthened when they negotiate on your date of joining as they would like to buy your notice period and expect you to join as soon as possible. 

4 Carry Hard Copy of your Documents When you are going for a second or final round of interview for a job, always carry hard copies of relevant documents required for negotiations like last salary slip, appointment letter and last increment letter.

5 Accept an Offer Immediately Never say no to an offer. Once you are aware that you have had your best shot but still you are not very happy with the offering, never ever say no to an offer. You should immediately ask for the offer in writing and accept the offer. Never leave it to the next day. At times, it becomes difficult to analyse at that very moment, so ask for some time.