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.