By EDWARD COCKS
Surely, the question asked most often by prospective job seekers is: "When should 1 talk about salary?"
The answer: "After the offer is made."
Let the employer make the offer, preferably in writing, and then base your response on your own expectations and requirements. If you are happy with the initial salary offer, then things are simple. Accept and begin your new career. If you want more, the challenge is now on you to engage in the negotiating process. The secret to salary negotiation is to focus on the value that the position has to the company, then to the value you bring to the position.
Some advice: Be absolutely certain that you completely understand the job and all of the employer's requirements.
If at all possible, ask for a written job description or have the employing manager restate the description. This also provides you with valuable time to plan your next few steps. One of the best tactics in this exercise came from a friend and colleague who wrote it all down, spent a moment looking at it .
and then turned it around to the executive offering the job and said: "Is this everything the job you are offering entails?"
This was perfect! Now the employer is responding to, rather than leading, the negotiation process. Even better, it focuses them on the requirements of the job and makes them more likely to increase their valuation of the position.
After verifying exactly what the position involves, you should be able to draw upon your knowledge of the local market and industry' conditions (you did do your homework right?) and decide how you will react. Do your best to make the employer change the offer amount as much as possible before you ever say the number you have in mind. For instance, when the employer has verified that the position is completely and accurately described, rather than responding with a raised amount, ask them another question: "Do you believe that your offer is fair for this market, given the position's importance to the company?" Again, they are in a responding position. Keep them responding to your questions as long as possible and, hopefully, raise (heir offer.
When the value of the position to the company is fully established, now is the time to ask: "Am I the candidate you want to fill this position?" When they verify that you are indeed the one they want for the position, simply say: "I believe that I can do this job well above your expectations and would like to know what your best offer will be'." Again, this continually keeps them responding to questions and, so far, you have been simply asking questions.
If the final number is again below your expectation, now you can say: "The offer I would find acceptable is..." - and then be ready with the amount. Be sure this is an offer you will accept.
One last reminder, all too often employers will try to force you into negotiating based upon your last salary. This is one of their tactics for salary negotiation, albeit a flawed one, and has absolutely no bearing on your value to their company.
In fairness to the employer, you must also remember that your financial situation is of no concern to them in the negotiation process.
Good luck!
Edward Cocks has an M.B.A. degree and a bachelor's of business administration in personnel and industrial relations. He presently teaches human resources management as well as business planning at Wisconsin International University in Kyiv.
Edward cocks
North American Academy
Do your salary homework! While Ukraine lacks ready access to reliable salary surveys, there are several realistic sources which anyone can utilize for determining just what a "fair" salary would be for a particular job: recruiters, employment ads, internet postings, teachers, professional groups and current workers. Do not be afraid to ask for the expected salary range when you submit your cv. Even if the human resources department does not want it mentioned, receptionists may have no hesitation telling you. Don't be discouraged if what you hear seems low, it is still best to submit your resume and gain as much interviewing experience as possible.
How to talk about pay
1 I have just read an article.
2 Its name is “How to talk about pay” by Edward Cocks.
3 There are some recommendations on behavior during the job interview.
4 It is about how to talk about pay during a job interview.
5 You should talk about salary after the offer is made.
6 If the offer suits you should accept it and begin your new career.
7 In other case you should begin negotiations.
8 The secret to salary negotiation is to focus on the value that the position has to the company, then to the value you bring to the position.
9 You should keep them responding to your questions as long as possible and, hopefully, raise their offer.
10 During the interview you should avoid mentioning your last salary and financial situation.
11 Finally you may name the amount which is acceptable for you.
