Salary negotiation is more than just asking for more money, it’s about recognizing your worth, understanding the market, and communicating value with confidence. Whether you’re entering a new role or seeking a raise, how you approach negotiation can significantly impact your career growth and financial well-being.
- DO YOUR RESEARCH
Before entering any negotiation, research typical salaries for your role, experience level, and industry. Use tools like Glassdoor, LinkedIn Salary, or PayScale to get an accurate range. This gives you a solid foundation and ensures your expectations are realistic yet competitive.
- KNOW YOUR VALUE
List your accomplishments, skills, and contributions. Highlight results you’ve delivered, whether it’s boosting sales, improving efficiency, or managing successful projects. When you can clearly communicate your value, it becomes easier to justify a higher salary.
- TIME IT RIGHT
For current employees, the best time to discuss a raise is during performance reviews or after a major achievement. For new job offers, wait until you’ve received a formal offer, then begin the negotiation.
- STAY PROFESSIONAL & POSITIVE
Negotiation should never feel confrontational. Use respectful language and show enthusiasm for the role. For example: “I’m excited about the opportunity. Based on my experience and industry standards, is there room to discuss the starting salary?”
- CONSIDER THE FULL PACKAGE
Salary is just one part. Evaluate bonuses, health benefits, remote options, paid leave, and development opportunities. Sometimes, flexibility or perks can make up for a lower figure.
- BE PREPARED FOR RESPONSES
They may say yes, negotiate, or turn it down. If they can’t meet your request now, ask when you can revisit the conversation or what milestones you need to hit for a raise.
Salary negotiation is a skill every professional should master. It’s not about being greedy, it’s about self-advocacy and setting the tone for how you’re valued. When you negotiate with preparation and professionalism, you pave the way for a more empowered and rewarding career.
By; Adenola Eniola.