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5 ways to get the salary you want from your next employer

May 30, 2017, 16:56 IST
Most of the times, an employee leaves a job due to dissatisfaction towards salary. Many employees think they are underpaid and look out for other options.
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You will experience this throughout your life where you will see your peers drawing more salary than you and you will feel underpaid compared to colleagues.

However, knowing you are underpaid is one thing but knowing how should you be paid is another.

At times, it is difficult to determine how much salary you should receive or you deserve, especially at the time of negotiation.

As per a report by Glassdoor, the most important thing to keep in mind during your new job search is to make sure you receive a fair salary at your next company. Negotiating salaries can be tricky, nerve-wracking and confusing. Therefore, it’s incredibly important that you do the research and financial planning that goes into landing a job with fair, equal pay.

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If you have no idea about your worth or how much you should ask for, here are 5 pieces of advice


1. ​Know your worth

As per the Glassdoor report, if you want to get a good salary, you need to know your worth in the current job market. Whether you went to school, have years of experience or skills that can translate to relevant experience, you deserve to be paid fair, regardless of your age.

2. ​Plan your personal finances

You should plan your finance before sitting down for negotiation with your employer. For instance, you should calculate your rent, bills, insurance, car payments, etc. and then decide how much you actually want. Once you have a handle on your personal finances and know how much you can command in the marketplace, you’ll have a much better idea of that target number.

3. ​Research what the company pays

If you are in the interview process, a strategic move is to research the company to find out how well they pay their current employees, especially those in similar roles to the one you are applying for.

4. ​Let the company make the first offer

One of the most important rules of thumb to salary negotiations is: you do not have to tell employers what you are or were earning at your previous company. Let the employer make the first offer, then you can follow it up with a higher number.

5. ​Know what other companies will pay you for the job

You should interview at other places too. Doing so can actually be helpful because it will give you a chance to see what other companies are paying, so if and when you get an offer from your dream company, you’ll know how their offer stacks up to those from other companies.

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