HOW TO PREPARE FOR THE SALARY TALK

Preparing for a salary talk can be a daunting task, especially if you have never had one before. However, with the right preparation and approach, you can increase your chances of getting the salary you want. Here are some tips to help you prepare for your salary talk.

Do your research

Before you even start the salary talk, it is important to do your research. This means finding out what the average salary for your position is in your industry and in your area. You can use websites such as Glassdoor, Payscale, or LinkedIn to gather this information.

Knowing the average salary for your position will give you a good starting point for your salary negotiation. It will also help you to understand what you can realistically expect in terms of a salary increase.

Know your worth

Before the salary talk, it is important to understand your worth and what you bring to the table. Consider factors such as your experience, education, skills, and accomplishments. Write down a list of these factors and think about how they have contributed to the success of your company.

When you know your worth, you will be better equipped to negotiate a fair salary. You will also be able to present a strong case for why you deserve a higher salary.

Be realistic

It is important to be realistic when preparing for a salary talk. If you are asking for a salary that is significantly higher than the average for your position, you may find that your employer is not willing to pay what you are asking for.

Instead, aim for a salary that is slightly higher than the average for your position. This will increase your chances of getting the salary you want, while also being realistic and achievable.

Be confident

Confidence is key when it comes to salary negotiations. If you are confident in yourself and your worth, you will be more likely to succeed in getting the salary you want.

To increase your confidence, practice the salary talk before you have the actual conversation. This will help you to become more comfortable with the process and to feel more confident when it comes time to have the actual conversation.

Be professional

When having a salary talk, it is important to be professional. This means avoiding any negative or confrontational language and instead focusing on your worth and what you bring to the table.

Be polite and respectful when discussing your salary, and try to approach the conversation as a business meeting. This will show your employer that you are serious about your career and that you are a professional who is worth investing in.

Be flexible

While it is important to be confident and professional, it is also important to be flexible. This means being open to negotiating and finding a solution that works for both you and your employer.

If your employer is not able to offer you the salary you want, consider other benefits such as flexible hours, extra time off, or professional development opportunities. These benefits can be just as valuable as a higher salary and can help you to achieve your career goals.

Follow up

Finally, it is important to follow up after the salary talk. This means checking in with your employer to see if there has been any progress in your salary negotiations.

If your employer has agreed to a salary increase, make sure to get this in writing. If your employer is not able to offer you the salary you want, consider asking for a timeline for when you can expect a salary increase.

In conclusion, preparing for a salary talk can be a daunting task, but with the right preparation and approach, you can increase your chances of getting the salary you want. Remember to do your research, know your worth.