Are YOU GETTING “IT”?
THE PACKAGE YOU DESERVE?
Yesterday, a client came to see me for employment coaching after a position she really wanted went to a different candidate. “Abby” thought she might have knocked herself out of the running- in fact, at the starting gate, by submitting her salary requirements along with her resume. I believe she committed a cardinal sin. In the bible according to Deborah Weiner and lots of other folks, “He/She who mentions salary first”….. LOSES.
Below are a few steps Abby could have taken to increase her own worth.
1. Empower Yourself
Gather outside information on the market value of your position using tools such as Salary.com. Now look at other compensation factors; Health insurance, bonus, stock options etc… What are these perks worth? Understand and monetize your total package.
2. Give to Get
Use your well-rehearsed story telling ability to cite specific examples of how your accomplishments added to the bottom line or generated new sales or growth to the firm. This will stick in your interviewers mind, helping you to stand out when they are remembering which candidate to invite back in for another round.
3. Postpone the 6 letter word discussion
Avoid a direct response to “what is your salary?” Instead, sidestep the question and ask to learn more about the position and company expectations before you get into detailed salary discussions. Or try a shifter or diverter such as: “The actual salary is secondary on my list, as I am sure we will come to mutually agreeable terms. My main priority is to (fill in the blank).
Additionally, NEVER fill in salary requests on employment applications. Because
without knowing about the benefits and potential bonuses for the position, the amount is meaningless.
4. Be Fair and Honest
The focus should be on achieving your desired outcome, not winning. Most firms have salary bands or benefit caps and may not be able to give you exactly what you want. Be flexible and trust your gut to let you know when it is time to thank the manager and accept the offer. Most companies want to make a good deal and will negotiate in good faith. Bear in mind, when the negotiations are over, you will have to work with your former adversary. So be kind and non-aggressive in your dealings.
5. Silence is potentially golden
The employer extends an offer of “X dollars” per year. Repeat the offer in a puzzled tone and then do not speak. This could make them uncomfortable enough to change the offer without your responding to the first offer.
I suggested this to a friend (who thought I was crazy-which I am anyway), but tried it on her next interview. The silence was killing her, but she held her tongue. I understand the hiring manager picked up his pen, scribbled some notes, and upped her offer by $2,500.00.
She owes me lunch.
THE PACKAGE YOU DESERVE?
Yesterday, a client came to see me for employment coaching after a position she really wanted went to a different candidate. “Abby” thought she might have knocked herself out of the running- in fact, at the starting gate, by submitting her salary requirements along with her resume. I believe she committed a cardinal sin. In the bible according to Deborah Weiner and lots of other folks, “He/She who mentions salary first”….. LOSES.
Below are a few steps Abby could have taken to increase her own worth.
1. Empower Yourself
Gather outside information on the market value of your position using tools such as Salary.com. Now look at other compensation factors; Health insurance, bonus, stock options etc… What are these perks worth? Understand and monetize your total package.
2. Give to Get
Use your well-rehearsed story telling ability to cite specific examples of how your accomplishments added to the bottom line or generated new sales or growth to the firm. This will stick in your interviewers mind, helping you to stand out when they are remembering which candidate to invite back in for another round.
3. Postpone the 6 letter word discussion
Avoid a direct response to “what is your salary?” Instead, sidestep the question and ask to learn more about the position and company expectations before you get into detailed salary discussions. Or try a shifter or diverter such as: “The actual salary is secondary on my list, as I am sure we will come to mutually agreeable terms. My main priority is to (fill in the blank).
Additionally, NEVER fill in salary requests on employment applications. Because
without knowing about the benefits and potential bonuses for the position, the amount is meaningless.
4. Be Fair and Honest
The focus should be on achieving your desired outcome, not winning. Most firms have salary bands or benefit caps and may not be able to give you exactly what you want. Be flexible and trust your gut to let you know when it is time to thank the manager and accept the offer. Most companies want to make a good deal and will negotiate in good faith. Bear in mind, when the negotiations are over, you will have to work with your former adversary. So be kind and non-aggressive in your dealings.
5. Silence is potentially golden
The employer extends an offer of “X dollars” per year. Repeat the offer in a puzzled tone and then do not speak. This could make them uncomfortable enough to change the offer without your responding to the first offer.
I suggested this to a friend (who thought I was crazy-which I am anyway), but tried it on her next interview. The silence was killing her, but she held her tongue. I understand the hiring manager picked up his pen, scribbled some notes, and upped her offer by $2,500.00.
She owes me lunch.
