You’ve reached a point in the interview process where you’ve been selected and offered a position, which is great. We will cover steps you can take when you’re at that point where you have to negotiate, specifically around salary and benefits.
Initial Research
Review the Job Posting: Check if the job posting includes salary and benefit information. Typically, it may mention general benefits like health insurance, personal time off, and holidays but may not include specific details.
Salary Range or Hiring Range: Try to obtain the salary range early in the process. It’s okay to reach out and inquire. Understanding the hiring range helps you see if it aligns with your financial needs.
Benefits: Gather information on benefits, such as health insurance, personal time off, and holidays. This helps you understand the full package.
Negotiation Process
Understanding the Offer: Make sure you understand the offer details, including the salary, benefits, and start date.
Deliberate: Take time to deliberate the offer. Most companies will give you a couple of days to think it over.
Identify Gaps: Consider what’s missing from the offer. Are there key benefits or salary expectations not met?
Training or Onboarding Process: Understand the training or onboarding process the company offers.
Responding to the Offer
Email Response: Outline your response via email if possible. If the salary isn’t where you’d like it to be, and if you know there’s room within the hiring range, it’s okay to ask if they can consider a higher salary.
Reasoning: Include reasons for your counteroffer, such as your experience, skills, and the value you bring to the role.
Interest and Appreciation: Make it clear that you are interested in the position and appreciate the offer, but would like them to consider your counteroffer.
Conclusion
I hope you found this information helpful. Thank you for participating, and I wish you all the best as you continue to pursue opportunities that will benefit you. Have a great day. Thank you.