Stats: 3,236,867 members, 8,103,516 topics. Date: Thursday, 13 March 2025 at 01:36 PM |
Nairaland Forum / Nairaland / General / Jobs/Vacancies / SALARY : Why You’re Leaving Money On The Table (and How To Fix It In 5 Steps) (89 Views)
What Value Do You Bring To The Table? / N-power Batch C Shortlist: 5 Steps To Check Your N-power/nasims Verification / Isn't This The Best Answer On Why You’re Leaving Your Current Workplace? (2) (3) (4)
(1) (Reply)
SALARY : Why You’re Leaving Money On The Table (and How To Fix It In 5 Steps) by Thewritingbeing(f): 8:08am On Mar 04 |
The biggest salary mistake isn’t asking for too much—it’s asking for too little. And the worst part? Employers expect you to negotiate, but most people don’t. Here’s how to make sure you never settle for less again. Step 1: Stop Thinking Like an Employee—Start Thinking Like an Asset • Your salary isn’t a gift—it’s a reflection of the value you bring to a company. • Employers don’t pay you for your time; they pay for your impact. • Shift your mindset: Instead of “I hope they pay me well,” think “What results do I bring that justify my worth?” What to do before negotiation: ✔ Write down 3-5 tangible results you’ve achieved in past roles (saved money, improved efficiency, grew revenue, reduced workload, etc.). ✔ Be ready to present these results as proof of your value when discussing salary. Step 2: Never Give a Number First—But Always Have One Ready • Rule #1: Let them make the first offer. Why? Because their range might be higher than what you were going to ask for. • If they push you for a number? Say: • “I’d love to understand the budget range for this role first.” • Or: “I’m open, but based on my research and expertise, I expect a competitive salary aligned with the industry standard.” ✔ Pro tip: Always research salary benchmarks using sites like Glassdoor, PayScale, or LinkedIn Salary. ✔ Have a range (not a fixed number) based on data, e.g., “From my research, roles like this typically range between $75,000 - $90,000.” Step 3: Add More Than Just Money to the Equation • Salary is only one part of compensation. Negotiate the full package. • If the employer won’t budge on salary, negotiate for: ✅ Bonuses (signing bonus, performance-based bonuses) ✅ Remote work/flexible hours (work-life balance is money) ✅ Professional development (paid courses, conferences) ✅ Equity or profit-sharing (especially in startups) ✅ More vacation days (time = money) ✔ Pro tip: If an employer can’t raise your salary, they might be open to these perks—so ask! Step 4: Use Silence as a Power Move • After making your salary request, stop talking. • Most people ruin negotiations by over-explaining or justifying themselves. • Employers often expect pushback, so don’t rush to fill the silence—let them process and respond. ✔ Example: 🚫 Wrong: “I was thinking of $85,000, but I’m flexible, so whatever works…” ✅ Right: “Based on my experience and market rates, I’d expect $85,000.” (Then stay silent and wait.) Step 5: Always Have a Plan B (And Be Ready to Walk Away) • The strongest position in a negotiation is knowing that you have options. • If the offer is below your worth and there’s no room for negotiation, be ready to decline (professionally). • Example response: • “I appreciate the offer, but based on my expertise and market standards, this doesn’t align with my expectations. I’d love to work together, but I’d need to see an adjusted offer.” • If they really want you, they will find a way to make it work. ✔ Pro tip: Always interview with multiple companies at once—this gives you leverage and prevents desperation. Most people don’t get paid what they’re worth because they don’t ask. The biggest salary mistake isn’t over-negotiating—it’s accepting the first offer. Know your value, state your case, and let them make it worth your time. Because trust me, if you don’t negotiate, you’re leaving money on the table. Hope this helps. |
Re: SALARY : Why You’re Leaving Money On The Table (and How To Fix It In 5 Steps) by Thewritingbeing(f): 8:15am On Mar 04 |
Want more job opportunities? Every day, we share at least 30 job posts inside THE JOB COMMUNITY—a space where job seekers, freelancers, career professionals, and remote workers don’t just look for jobs, they get hired. If you’re tired of struggling alone, join a community where: ✔️ Job seekers land real offers ✔️ Freelancers attract high-paying clients ✔️ Companies find top talent without stress Don’t wait—join us NOW! Send a WhatsApp message with your NAME & CV to 08101259787 to get in. For more expert tips, follow me: 🔹 LinkedIn: Rereloluwa ONABANJO 🔹 Facebook: Rereloluwa Iyanuoluwa Twitter: Thewritingbeing Your next opportunity could be one message away! |
(1) (Reply)
How To Prepare For A Job Interview With Chatgpt – The Ultimate Guide / Vacancies For Office Assistant (ssce, Ond Nce) / Recruitment At GBC Professional Services
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2025 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22 |