What do you do if you're unsure how to negotiate your salary during a job transition?

If unsure about negotiating salary during a job transition, research typical salaries for the role, consider your experience and skills, and practice discussing your worth confidently before the negotiation.

There are a lot of great perspectives to consider for this question. What I've found to be the most helpful is coming prepared with the following: -Quantified Value -Market Research Feedback -Why YOU feel you're valuable And I'd even suggest in that order if you can frame it as such. Why? Whether looking to be promoted or transition, your ask is essentially viewed as an investment request from your employer or company. Provide them with hard numbers to show what you've done and where you're headed, then discuss what you're seeing in the market and from others in the same role at other companies, and then you can add your thoughts about yourself. Show them you can do the job, research to support your facts, and believe in YOURSELF!

Absolutely, knowing your worth is crucial before entering any salary negotiation. Conduct thorough research on industry standards, your experience level, and the specific responsibilities of the role to ensure you're well-informed and can confidently negotiate for fair compensation. Understanding your value not only helps you advocate for yourself effectively but also sets the stage for a successful negotiation process.

What value do you bring to the table? Come to the meeting prepared to discuss why with your main reasons from your experience. Take time to practice with someone as you build confidence. Be mindful in your research of the role, industry, and location. Have an idea of what salary you are willing to ask for. Keep in mind what would be the lowest salary you would accept. Come to the conversation with realistic expectations and confidence in your value.

If you're unsure how to negotiate your salary during a job transition, start by assessing your worth based on your skills, experience, and industry standards. Research salary benchmarks for similar roles and locations to gain a clear understanding of your value. Prepare to articulate your achievements, contributions, and the unique value you bring to the role. Confidence in your worth will empower you to negotiate effectively and advocate for fair compensation during the transition.

As a woman, when I initially began negotiating my salary I felt... awkward. It's not something we, or at least I, was taught to do. What I found helpful was to walk into negotiations with an actual range in mind. Do not be vague about what range of salary you are looking for. Also, be able to support your ask with factual and/or concrete things such as your experience, accomplishments, or value you will bring to the organization. Do not use things such as cost of living, your personal situation, etc as the reason you are requesting a certain salary. Lean into the discomfort of these conversations, know your worth, it gets easier over time!

Don’t instantly say yes to the salary mentioned by recruiter. Take atleast 24 hours to get back. Do market research & find out the market rate for your job role depending on years of experience, location, industry. Recognise your skillsets & achievements as this will help you understand the salary you should ask for. Get back to recruiter for negotiation in evening, as they mightn’t feel active enough to negotiate well. Communicate the reason behind your expectations clearly & confidently. In case the recruiter asks questions about your expectations, be polite & explain ‘why’. Be flexible to changes in salary compensation such as bonuses, stock options, etc. You won’t always get what you ask for, but you can come to a mutual agreement.

Closing the deal on salary and compensation package is a critical step in the negotiation process. Once both parties reach a mutual agreement, it's essential to formalize the terms in writing to ensure clarity and avoid misunderstandings. Closing the deal demonstrates commitment and professionalism, solidifying the agreement and moving the hiring process forward. Confirming the details in writing provides a tangible record for both parties to reference and helps establish a sense of trust and accountability. This step sets the stage for a smooth transition into onboarding and reinforces a positive start to the employment relationship.

During a job transition, first consider why you are transitioning. Is this a headhunting or promotion within the company, or is this merely an internal transfer with no compensation change? You will discover the answer if you ask yourself why. If that fails, seek out the advice of a mentor or someone who has done the same role before and do your research on market-related salaries, coupled with the policies and procedures of HR or the organisation. It is like shopping for a house; you do not buy without doing your research, do you?