How do you negotiate for a good salary package

Always be prepared to talk about salary, but do not be the first person to bring it up. The only exemption to this rule is if the interviewer asks you to begin signing the contract papers, but never mentioned what you will be salaried.

This is an important discussion you need to have with your interviewer, so make sure you have it before you start signing off any new contract.

You should know what you are wiling to accept before you enter the interview room. Many people never give themselves a chance to discuss a better pay because they do not take enough time to think about it in advance. Spend a few minutes and consider the payment that you would be happy being paid. How much would you leave because it is too little for you? Do not be locked in a bad situation because you are not sure about what you want, and what you’re willing to accept, beforehand.

You should always know what you are worth before you go for the interview. Do a research and get as much figures as you can on the going rate for the position.

Check both offline and online sources. Reach out and speak to people at similar positions in different organizations. If they’re willing to let you know their pay, find out what they make. Keep the discussion simple and relaxed. For instance, you can simply ask, “What kind of payment could a person like me expect at your organization?”

Understand the financial position of the company. If a small company and a large company have similar opportunities, it follows that the large one will pay more as they’ve more financial flexibility.

So, where are you interviewing? How is that organization doing financially? Some organizations simply do not have much leeway and it is important to understand them too.

In some cases, the interviews are not part of the company’s management team – they are recruiting agents. Talk with your recruiters, not against them as they need to sell you to the hiring manager.

The typical recruiters almost never have the authority to make the final ruling on your payment package. After you discuss with them, they will have to go back and confirm the payment with the company’s management or hiring manager.

In other words, your recruiters are going to sell you to the hiring manager. So it is up to them to explain why you worth a higher pay. You need their support as they are going to sell you. You should not battle against them – work together with them.

Some perks are much easier to discuss or to negotiate for than others. Normally, a signing bonus is easier to discuss than a vacation days bonus. There is always some flexibility in your pay range as well, which is also a good area you need to focus on. Not every perk is created the same.

If you are getting resistance, then negotiate starting at a higher salary scale. A higher salary scale helps as you can often get a raise even without any promotion.

Ask the interviewer to shorten the period it takes for you to come up for an increment in the level of your salary. You may not start at a high pay grade. But it is very possible to get a raise after a six months period on the job instead of eleven or twelve. That is a quick boost for you, and it only takes one minute or two to negotiate.

Remember that salary negotiation is a discussion, and discussions involve sharing. If you make the first offer and then continue to talk and make a second offer, you are negotiating with yourself. Let the discussion go back and forth and always make an offer one after the other.

Here is a list of phrases that you can use to negotiating for a good salary.

  • What’s the salary range you’ve allocated for somebody in this position?” This is a good question you need to ask at the very start of your job interview or the first time you meet your interviewer or recruiter. It gives you an opportunity to get more information on the expected salary before the actual discussion arises later.
  • That sounds good. What is the current value of that?” Sometimes interviewers will attempt to sell you on arbitrary figures by stating things like “We are offering you 500 stock options.” Request for the current value of each item in your salary package and find out their total price in dollars or in your preferred currency.
  • I am going to need more information about my role, the expectation and total benefits before I can give a figure….” This is a great phrase to use if the interviewers are pressing you for a figure and have not disclosed their expected salary range yet.
  • Is there any flexibility in that figure?” This is an excellent phrase to use once the interviewer discloses their expected salary for the post. It gives a good transition into the discussion of asking for a higher salary.
  • That seems to be a good starting place…” This is an excellent phrase to use if you feel like asking for a higher salary package. “$63,000. That seems to be a good starting place. We just need to work out the details.”
  • I am quite disappointed…” this is another solid phrase for initiating a salary negotiation once you have realized that you are not contented with the first offer. “I am quite disappointed in the starting salary. What can we do to figure this out?
  • Let us review this after a period of three months…” If you are having problem in making headway with negotiation, but you are comfortable with starting at the salary they offered you, then you can use this expression to have a quicker boost. “Let us review this after a period of three months and discuss a raise once you have had a chance to assess my service.”
  • Can we have that in writing?” If you are negotiating for a better salary package, then make sure you have all the details in writing.
post

What are the Benefits of a Career in Engineering?

Engineering is a diverse industry that encompasses many different jobs.

It is defined as: ‘the action of working artfully to bring something about.’ By becoming an engineer, you can make a real difference to the world around you, as well as acquiring a wealth of knowledge across many different subjects and applications.

We asked Flow Quip, a top Flow Meter Engineering Company, what they thought were the benefits of an engineering career, and why they think it’s the greatest career path ever!

Job Satisfaction

If you’re fascinated by the way things work or have a keen eye for problem-solving, then engineering could be the career for you. Engineering is all about improvement and making a difference, and engineers have solved problems far and wide – from cleaning water to agricultural issues. Ultimately, everyone wants a job that they love – we spend the majority of our lives working, and so job satisfaction and enjoyment is key to a happy and healthy life.

You’re looking for a diverse career

Engineering practices are constantly changing, and securing a career within this industry means that no two days will ever be the same. Similarly, there are so many different branches of engineering that, no matter where your interests lie, you’ll definitely find a job that takes your fancy. From Chemical Engineering to Civil Engineering and Engineering Management, the opportunities are endless.

You love discovering new things

An Engineering career and education is extremely broad – as engineers are needed in so many different industries, there will always be the opportunity for you to learn. Engineers are usually the first to develop or test new technology, and have the skills and knowledge to build and operate just about anything – from Coriolis Flow Meters to robots – you can be part of making the future a reality.

You are creative

To many people, engineering may not seem like the most creative of careers, due to its reliance on maths and scientific knowledge. However, in actual fact, engineering is perfect for those who are able to think creatively as your job is to come up with different solutions to problems. Due to technological and social advances, these solutions are constantly changing and evolving and, as an engineer, it’s your job to continuously develop your skills and applications to keep up with new problems.

You want a high salary

Engineers hold some of the best-paid jobs in the world and earn a consistently high wage throughout their careers, with engineering graduates receiving the highest starting salary out of education or training.

If you like a challenge and are naturally inquisitive, love exploring, inventing and discovering new solutions and are looking for a job where you can really make a difference, then engineering is the career for you. If you’d like to investigate further the real-life applications of engineering or are interested in finding out more about flow meters, then visit FlowQuip’s website now.