Tips to Negotiate Your Salary with HR

Negotiating salary means maintaining the budget in the business however, it can be sorted out through a conversation with HR. For this reason, HR leaders will approach the discussion in the correct manner. It is important for employees to decide when to talk about salary negotiation. They should wait for the right opportunity to contact the Human Resource Department and discuss about their salary.

In one of the surveys, 35% of workers asked to increase their salary, further 40% of the job candidates ask for the salary while negotiating the job offer. The question arises, how do you approach these conversations pragmatically? Is there anything you can do to maintain the higher salary?

Tips to negotiate your salary with HR

• Practice the salary negotiation speech: Whether it is your first job interview or you are getting promotion, you must be ready with the basic script for negotiating the salary. You must practice the speech before presenting it in front of HR. You may find a friend; who will help you to practice the speech with you. After this, do the rehearsal of the script a few times because practice makes a man perfect.

There is no guarantee that your conversation go as per your plan. You will get an idea that you are confident during your negotiation about the salary.

• Be Honest: Various employees do not know how their salary matches with their colleagues. This may create a need to ask for the changes and find it easier to change the job. More than 65% employees leave their job due to low salary. But salary is not always the only issue for retaining the employees. Pay range is according to the role and responsibility given to you in the organization. Here you need to be transparent and collect all the information from the market.
• Negotiate the Salary with A Mindset: First you must know your worth in the company and then carry out the negotiation with win-win situation. Negotiation is not conflict; instead it is a communication between you and your HR. Most of the employers want to pay what you deserve; they must know what you expect.

If you have a conflict that makes you negotiate and make you feel unnatural, understand the job offering the exchange to feel comfortable and manage the conflict.

Ask for Responsive Questions: The aim of the salary negotiation is to clear the expectations, so that the candidate can make a good decision. If you are transparent, you need information from their side to align their future employment.

Areas you should research for compensation negotiations

• Job Description: Ensure that your job title and description is a target to the candidate pool.
• Candidate’s History & Expectations:  Check from where candidate is coming from-they are expecting the higher salary.
• Needs of Employees:  Understand the importance of current employees and their value. Employee’s satisfaction helps you to adapt the compensation to grow in the same direction as other employees.
• Why leave People: It is essential to learn from the previous interviews. You can ask about their decision to leave the job, the offer that convinced then to take an exit from the job and how to improve the workplace for future employees. Before the discussion, do your research on the company and on the person you are meeting with. While doing the negotiation, make sure to add the following topics:
• Expectations of your manager and clear the understanding of the job needs.
• Your roles and responsibilities
• How you will fit in the team
• How your success is measured in quality and quantity metrics
• The goals of the company
• Be Firm: Be prepared for negotiation and there is so much you can do in advance. With this mind, talk about the salary range in place of figuring out the single topic. This will help in two ways:
• Establish a bottom line and if it comes lower than your bottom number then may be the position is not rightly fit.
• This range will give you flexibility and person will be able to make a decision to be happy with.
• Total Package: Sometimes, negotiating the salary does not result in the higher salary. Companies have leverage with the compensation package and creative ways to research the compensation.
• Get Free Demonstration: If you are incline to your organization and not sure about salary then here are a few programs you can ask about:
• University tuition reimbursement
• Training
• Professional development
• Certifications
• Mentoring and Coaching
• Childcare
• Health and fitness
• Scheduling and work flexibility
• Compensation Package: Here is the list of things as a compensation:
• Flexible PTO options/additional PTO days
• Flexible work schedule
• Remote work/hybrid work options
• Relocation package
• Commuter advantages
• Health and wellness advantages
• Tuition or continuing education advantages
• Care support for Child/dependents