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30
Salary Negotiation Mistakes to Avoid!
Excerpted from Dynamite Salary Negotiations
Copyright @ 1997 by Ron and Caryl Krannich, Ph.Ds
If
you're planning to negotiate a salary or ask for a salary raise,
make sure you don't make any of these 30 mistakes:
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- Avoid facing the
salary issue until the question about "your salary
requirements" is raised by the employer.
- Fail to deal
intelligently with salary questions and issues by not doing research
on salary comparables and employers.
- Don't know how much
you're really worth.
- Specify a single
salary figure when asked "What are your salary
requirements?"
- Assume your
"qualifications" and "performance" will
automatically determine your salary level.
- Think salaries are
predetermined by employers.
- Believe you are
indispensable to an employer who will give you substantial raises
rather than risk losing you to the competition.
- Under-value your
worth.
- Over-value your
worth - maybe even think you are irreplaceable to the employer.
- Think the employer
is in the driver's seat when it comes to negotiating salary.
- Approach salary
negotiations from a perspective of need or greed rather than as a
process of assigning value to your qualifications and promises of
performance.
- Personalize salary
issues by believing a salary is assigned to you rather than to your
position. Focus primarily on yourself rather than on the position to
which salary is normally assigned.
- Fail to compile
supports for a negotiating position.
- Prematurely discuss
salary before acquiring information on the job or before communicating
your qualifications to employers.
- Don't know how to
close and follow-up the salary negotiation interview.
- Forget to calculate
benefits as part of the compensation package.
- Put too much
emphasis on benefits rather than concentrate on the gross salary
figure.
- Project an image
that is not commensurate with the salary being negotiated.
- Put too high a price
tag on themselves without providing supports to justify the salary
figure, such as previous salary history or indicators of performance.
- State a specific
salary expectation figure on either their resume or in their cover
letter.
- Negotiate salary and
benefits over the telephone.
- Too quick to accept
employers' first or second offers.
- Don't know how to
use timing as part of establishing your value in the eyes of
employers.
- Fail to adequately
assess the employer's needs and develop a strategy to meet those needs
as well as relate this strategy to your salary requirements.
- Fail to raise
intelligent salary questions about the job and the employer.
- Don't know how to
handle employers' salary questions or say the wrong things.
- Don't give
themselves much room to negotiate.
- Don't know when to
leave a job or company for opportunities elsewhere that will pay
better.
- Try to play
"hard to get" when you have little or nothing to leverage.
- Lie about your past
salary history or alternative salary offers.
Adapted from Dynamite
Salary Negotiations.
Click
here to order this book
SOURCE: Drs. Ron
and Caryl Krannich are two of America's leading career and travel
experts and authors of 40 books.
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