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I received a job offer today but I think it's too low - how do I go about asking for more money? This is a professional financial position. They gave me a week to decide and let them know. Thanks for all the input.

2006-09-21 10:35:34 · 12 answers · asked by DADDY B 2 in Business & Finance Careers & Employment

12 answers

Speak to the person that made the offer explain that you are very interested although you feel the remuneration is too low maybe offer to have a probation period and if they are happy with your work after 3 months have a written agreement to increase the income

2006-09-21 10:40:57 · answer #1 · answered by Anonymous · 0 0

Many people think that once they have landed and aced an interview, all of their work is done. But, sometimes deciding whether or not to accept a job offer can be just as stressful and time-consuming as getting to that point in the first place. One point of contention is salary negotiation. This process can be overwhelming, particularly for job seekers without a great deal of experience. Negotiating a fair and practical salary is a critical step in the job search process, and one that can be navigated smoothly if you know what to do -- and what not to do. Beware of common mistakes.

Not doing your homework.
Before you go to an interview, you need to determine your desired salary range. It is impossible to do so if you do not know your industry. Research typical salaries for someone with similar experience in your industry. There are a wide variety of resources available that can help you determine median salaries and ranges for your position and years of experience. Without doing this, you will be virtually unarmed to present a case for the salary you request.

Neglecting to think carefully about your needs.
Just as researching your industry is important, it's also vital that you do a bit of self reflection. If you never stop to think about what income you need, you may end up taking an offer that leaves you pinching pennies. Before interviewing, ask yourself some important questions. How much do you need to pay your basic expenses, such as rent or mortgage, groceries, utilities, and car payment? What kind of salary do you need to live a comfortable life that allows you to enjoy yourself? What is the lowest salary you will consider? How much do you need to be able to save for the future?

Laying all of your cards on the table.
Negotiating a salary is like playing a card game. You need to gauge the other person's intentions without giving away all of your secrets. While job applications and interviewers may ask you to name a salary requirement, always avoid providing a number. However, many prospective employees feel pressured into doing so in an interview. That's why you need to be prepared to answer the question: "What kind of salary are you looking for?" Try to use answers such as "I'm sure that if I do receive an offer, it will be fair and reasonable," or "I will consider any reasonable offer." If pressed for a number, give a range rather than a specific. The bottom of your range should be the minimum you must make, with the top being a bit higher than your ideal.

Forgetting about other benefits.
When you receive a job offer, it is important to consider the offer in its entirety. This means paying attention to the company's medical and dental plan, vacation package, retirement benefits, and other perks. If the company cannot meet your salary requirements, it may be able to make it up to you in other ways, such as stock options or additional vacation time.

Believing that you don't have the right to ask for more.
A company is not going to offer you the highest salary they'd be willing to pay right off the bat, and most companies expect candidates to come back with a counter offer. If you have done your research and have supporting information to back up your salary wishes, don't be afraid to let the company know that you would like something higher. However, don't make the mistake of playing hardball, thinking you are irreplaceable, or being unwilling to negotiate. If you receive a low offer, thank the company for the offer, let them know that you are excited about the position, and politely and respectfully request a higher salary. The worst the company can say is no, and you never know what will happen until you ask.

The bottom line is that salary negotiations, like anything else, need to be done respectfully and kept in perspective. But if you do your research, set your boundaries, and always know how to handle the tough questions, chances are you will end up with an offer that works for you and the company.

2006-09-21 10:39:35 · answer #2 · answered by Texas M.B.A. 2 · 1 0

How far is the salary offer from your desired salary rate? If it is only a few thousand, it can be resolved.

For me, I would emphasize how you can contribute to the firm. Emphasize your strengths and how you contributed in your past jobs. Also, when negotiating..you can mention other things like commute. In my current job, I mentioned my lengthy commute...about 1k was added my annual salary to accomodate it. Try saying "I appreciate the offer and I would definitely like to work for [Company Name], however, I feel that my salary expectations were a little higher." Then, see if they can offer you something higher....be sure to stress your strengths and how you can add value to the company. Best of luck.

2006-09-21 10:43:26 · answer #3 · answered by Mav17 5 · 0 0

If the company has offer your a job. I would take it. Don't ask them for more money because they might accept it. Just take what they are offering, and do a job on your job performance. In a couple of months or so ask for raise. Does anyone else has a better answer.

2006-09-21 10:40:02 · answer #4 · answered by Anonymous · 0 1

Just tell them, "I'm excited about the position, but I will need more money than that. My last job paid more than that and I'm not looking to take a step backwards." Then give a number a little higher than what you're willing to take. They should be prepared to negotiate.

2006-09-21 10:47:49 · answer #5 · answered by Anonymous · 0 0

If you really want the position, let the employer know that you are very interested in the position. Then ask him/her if it is at all possible to raise the salary. If they decline, you have to decide whether or not you are willing to take the position at that salary. If they agree, congratulations!

2006-09-21 10:40:03 · answer #6 · answered by beattyb 5 · 0 0

be honest with them, tell them you need to make a certain amount per month, year whatever. if they truly want you and want to treat you right then they will at least attempt to meet you half way. also don't disregard the value of perks...like 401k, good insurance, child care allowance, etc that all adds up to salary too.

2006-09-21 10:38:29 · answer #7 · answered by hell_in_a_handbasket 3 · 0 0

I don't really like to negotiate, but let them know that you are getting paid more than they what they have to offer. Show them your experience and if you have any degree's.

Or, tell them you really want to work at this great organization, however you need at least $$ to start.

I went from 88k to 106K in one day

2006-09-21 10:44:00 · answer #8 · answered by Anonymous · 0 0

Tell them you ran the numbers and are unable to live on that amount. Make them a counter offer.

2006-09-21 10:38:50 · answer #9 · answered by Anonymous · 0 0

i think of you neglected your threat. If I have been them, i could sense like it replaced right into a executed deal considering you stated "specific" over the telephone. the prospect for negotiation replaced into in that communication. you are able to desire to bypass back and negotiate at this factor in case you needed to, yet i do no longer think of this may lead them to satisfied and worst case, they could even go with to withdraw their furnish in case you chosen to open that door. i could persist with what you agreed to on the telephone, carry out in an exemplary style and then use that overall performance simply by fact the muse for soliciting for an exceedingly sturdy strengthen the 1st time they're going to evaluate you for an develop. If I have been your boss i could recognize you for this perspective. attempting to renegotiate now could upset me if i replaced into of their shoes.

2016-10-17 10:06:20 · answer #10 · answered by ? 4 · 0 0

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