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Do plenty of research. Know your value to the company. Ignore what you previously made. Think beyond base salary. Shoot high, but prepare for rejection. Explain your reasoning. Maintain confident body and linguistic cues.
DO familiarize yourself with industry salary trends. DON'T negotiate too early or too late. DO make sure you are in the same ballpark. DON'T make it only about you. DO be honest. DON'T overlook the benefits. DO know when to wrap it up.
Do Your Homework. Be Non-Committal/Vague About Salary History and Expectations. Don't Blindly Accept the First Offer. Take Some Time to Consider the Offer and Gauge the Value of the Salary/Benefits as a Whole. Ask for 10-25% More Than What Was Offered. Justify Your Ask.
Don't accept the first offer they expect you to negotiate and salary is always negotiable. That's just not true, says Weiss. Sure, much of the time there is an opportunity to negotiate, but some hiring managers genuinely give you the only number they can offer. The best way to find out, says Weiss, is to inquire.
Salary isn't the only way to increase your earnings. Consider negotiating for a signing bonus, higher performance bonuses, or a shorter time frame for a performance review and raise. Always negotiate salary first, and then move on to other elements of the job offer you want to negotiate. Don't get greedy.
Rely on your gut feeling or financial needs when choosing your counter-offer range. Set the bottom of your range lower than what you're willing to accept. Negotiate too aggressively or they'll rescind the offer. Expect to get more if you're not willing to ask. Negotiate just for the sake of negotiating.
A good range for a counter is between 10% and 20% above their initial offer. On the low end, 10% is enough to make a counter worthwhile, but not enough to cause anyone any heartburn.
With that in mind, my rule of thumb is that you should counteroffer between 10 percent and 20 percent above the initial offer, says Doody. You will often end up somewhere under your counter but over your initial offer. And 20 percent could very well mean another $15,000.
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