Thursday, January 1, 2015

How to Negotiate Your Job Offer, Step by Step

It's great to receive a job offer but It's greater if you get more good terms and conditions. So how to negotiate your job offer?
manpower services from Vietnam Manpower JSC

No.1. Receive the offer letter and read it carefully.

No.2. Compare the written job offer to your Wish List. Does the job offer include everything you would have wanted? If so, then accept the job!

No.3. If the job offer misses on one or several points of your Wish List (perhaps the salary is a bit low and there is more travel in the job than you would have hoped for), consider talking with your hiring manager about improving (“sweetening”) the job offer.

No.4. If you decide to negotiate your offer, send an email message to your hiring manager. In the message, say something like this: “Dear Phil, I received the job offer this morning. Thank you! I’m excited to get started. I have some issues to go over with you when you have a moment. Will you have time to chat by phone tomorrow?”

No.5. On the telephone (not via email) thank your possible new boss for the offer, first. Then say “I’m excited to take the job, Phil, but I also have a few reservations. The salary is lower than what I’m targeting and I am also hoping to keep my travel to two trips per month. Could we get creative together and see whether we can bridge the gap, so that I can sign the letter and we can schedule my start date?”

No.6. Some managers will tell you “I have no room to negotiate. The offer is the offer.” That is worth some serious consideration, because if the message is “Take it or leave it” from the beginning of the relationship, it will not get better. An employer will never love you more than they do when they’re trying to hire you.

No.7. If your manager will negotiate with you, throw out some suggestions for bridging the gap between your requirements and the offer you’ve received. Perhaps you could take a sign-on bonus to cover the gap between the offer and your target salary.

No.8. If your manager agrees to any improvements in your offer letter, ask him or her to send you a corrected letter that you can sign. Do not accept a revised offer until you have seen it in writing. You can tell your manager on the phone “That all sounds great, and on that basis, I’m happy to accept the job.” Make sure you sign the revised offer letter, not the original offer letter with changes scribbled in. I’ll be very excited for you when you accept a job offer, but only if it’s a job offer that matches the responsibility and impact you’ll have in your new organization. I’ve got the celebratory champagne cooling now!

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