1. Recognize your worth
Let’s get this out of the way right away: you should know your worth. However, keep in mind that you must be practical. Every day, I feel like a billionaire, but that’s not my wage. Calculate your experience, qualifications, and skills, read about the field you’re in, and you’ll know exactly what you’re worth after a thorough investigation.
2. Establish a positive working relationship with a possible employer
It’s time to project your worth onto your employer now that you know what you’re worth. It is essential that you maintain contact with your employer. Communicate what you’re capable of, your skills, and your overall profile in an open and honest manner. It’s critical that you and your boss agree on your value as a professional. You can accomplish so by being confident in your communication skills, being courteous, and demonstrating your abilities. Maintain a positive working connection with your boss. Make an impact on a personal level as well.
3. Don’t start with a figure.
This is, without a doubt, the most crucial of them all… Don’t start with a number! You have no idea what a company’s budget for a given position is. As a result, it’s best to keep quiet till they don’t disclose a number. If your amount is lower than what they are willing to offer, you may lose out on a great deal.
4. Counter their offer with a precise figure.
If they offer you a lesser price than you want, respond with an exact figure. This shows the employer that you did your homework and is well-versed in market and industry trends. If you’re unsure about the number and give them a broad range to work with, they’ll most likely persuade you by presenting you with data you’ve never heard of. Present yourself as an experienced professional who understands your field and function.
5. Play the card “Walking Away”
You can utilize this trump card if none of the other strategies succeed. Inform your employer that you have other possibilities, but that you were looking forward to working with them. Tell them you’d like to join the company but won’t be able to do so because of your pay. If people recognize your value, they will pay you anything you want, as long as it is reasonable. If they do, that’s fantastic. If they don’t, you can always go for better opportunities and firms that will recognize your abilities.
Also Read: Business Majors That Pay Well