Salary Negotiation ~ One With The Machine

Sunday, October 11, 2009

Salary Negotiation

The most important aspect of finding a job (the salary)
Money is a very good motivator, depending on your current salary, you will either feel shitty on your job or you will feel you got your dream job!

But that is not always the case, sometimes you are either under payed or overworked
(which is also underpaid in another sense)

In here, I teach you the art of salary negotiation.

Before you can execute this technique, you must obtain the following perquisites.


  • You have a current job

  • You are not too desperate to look for another job, but a better opportunity would be great!

  • You have some experience on your field

  • You have a job interview coming up

  • You have done some research on the job you are applying for



...So you have talked about yourself, and he has talked about his company, he asked you questions, you answer them correctly, and he likes you, specially your 'interest' on your current field... and now, he is ready to ask you the golden question!

First rule, the person who tells the price first lose (well not always).
The reason is, if you don't know how much they are willing to pay for the position you are applying; You might be aiming too high or you might be aiming too low.

So what to do? You ask them, or you do a market research before hand.
it's always good to ask in a polite manner by using "May I know" , "Could you tell me the budget" etc.

If the interviewer doesn't answer the questions, and insist that you should tell him how much is your current salary expectation.

Then you follow this, you have to make sure that you place yourself in a strategic bargaining position. so do not answer the question directly!

You tell him, like "well, right now I'm currently earning ( your salary + 20% more) + your benefits like (insurance, allowances.. etc). so I would be expecting + 10-20% more of that.

formula: (salary+20% + benefits)+ 20% = new salary

So why did we add 20% (this percentage depends on how much you really want) more to your current salary and then adding another new percentage on your new salary?

Because you can! you are in a comfortable situation here, you have a job, you are not desperate, and most of all you have experience! and if they don't like it you lose nothing but a couple of hours which I think is still a gain since you'd be gaining information about the market.

If the interviewer ask you: "why ask so much?"
you make him understand the risk you are taking to work for his company:

  • You will be back on a probationary position for at least 6 months

  • You will be adjusting to new cultures, and encounter new learning curves

  • You will not have the same benefit with the regular employees(leaves, insurance, etc)

You have to be firm, if the interviewer insist on a certain price which would usually be around (current salary+20%+10%) or worse case (current salary+20%)

Basically you'd still be in a winning situation here, because you will still be getting 20% more of your current salary by not declaring your real basic salary.

25 comments:

佩政 said...

A liar is not believed when he speaks the truth.

韋于倫成 said...

hahaha........................................

怡潔向霖 said...

you two make a lovely couple............................................................

于呈均名 said...

從未遭遇失敗的人,對自己或是別人,都是一知半解的。........................................

hernande said...

與朋友在一起,分擔的痛苦是減半的痛苦,分享的快樂是加倍的快樂。 ............................................................

rodriguezp said...

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宛齊陳 said...

Many a true word is spoken in jest...................................................................

貢慧 said...

河水永遠是相同的,可是每一剎那又都是新的。......................................................................

立偉立偉 said...

成熟,就是有能力適應生活中的模糊。.................................................................

文辰文辰 said...

所有的資產,在不被諒解時,都成了負債............................................................

芳容222許林堅林芳容儀 said...

Quietude is the crown of life.............................................................

懿綺懿綺 said...

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吳婷婷 said...

Offence is the best defence.............................................................

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天花天花 said...

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蔡舜娟蔡舜娟 said...

感謝分享~希望有更多的好文章分享給大家............................................................

文郭ss華賴ss添卉顏俊s任 said...

休息是為了走更長遠的路,爬個文章休息一下!!............................................................

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人若賺得全世界,賠上自己的靈魂,有什麼益處?.......................................................

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人不能像動物一樣活著,而應該追求知識和美德............................................................

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留言支持你~希望能看到更好的作品 ............................................................

文王廷 said...

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王辛江淑萍康 said...

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于庭吳 said...

當一個人內心能容納兩樣相互衝突的東西,這個人便開始變得有價值了。............................................................

瑰潼 said...

河水永遠是相同的,可是每一剎那又都是新的。............................................................

靜蔡蔡蔡蔡怡 said...

唯有穿鞋的人,才知道鞋的哪一處擠腳......................................................................