Excerpt from the book, Get The Job You Love by Marjorie Weingrow. Go to Part 1.
1. The dynamics behind the employment contract conversation
If you are new to offers of employment – here are some things you need to know.
You have some leverage
You are receiving the offer because you have been considered to be the best candidate for the job. This gives you leverage. Most employers invest a lot of time and energy finding the right candidate. They understand that they must offer competitive salaries and benefits and are unlikely to rescind the offer when their #1 choice makes a good faith attempt to negotiate the terms of employment.
You don’t have to agree and sign immediately
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Most employers expect you to request time to consider the offer. It’s reasonable to ask for up to a week to make your decision. Be sure to express your enthusiasm about being offered the position and working for the organization or company.
The days following a job offer are important to you. Once the offer is in your hands (or on your computer) use your time to think and do research.
Employers typically make beginning offers at the lower end of the salary range
Surveys show that about 85% of hiring managers don’t make their best offer first. The employer typically makes an offer based on the range in their budget. Employers know that candidates may choose to negotiate, so they start on the low end. You have an advantage because the employer wants you – and respects people with an understanding of their value in terms of the market rate of compensation. You can increase your perceived value by being entrepreneurial in your negotiations – as long as you do it in a very professional way.
Go to Part 3.
This post was reposted from http://finlit.biz/business/negotiating-your-job-agreement-part-2/, originally written on February 26th, 2013.
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