Finally, you have an offer! After all the interviews you have had, an employer has offered you a job. Now, what do you do? Should you wait to see if ABC Company also makes an offer, since their position was more attractive to you? Or do you take the sure thing? Accepting a job offer is a major career decision and deserves careful thought and consideration.
Importance
Find out why these subjects are important to your career, and see the proof in our statistical research.
Why
Preparation is the key to negotiation process and the opportunity to define, communicate and achieve what you want.
Statistics
A recent 2007 Hays Salary Survey, covering 14 employment sectors and hundreds of job roles across Australia and New Zealand, showed the following results:
40% of employers increased salaries by 3 to 6% and 27% increased by up to 3%
11% of employers raised salaries by 6 to 10% and 2% lifted salaries by more than 10%
According to a Beta Research Corporation Study in New York Times it costs, on average, $10,350USD to replace an employee who leaves for another job.
What To Do
Looking for a job or planning a career requires groundwork and careful preparation. The more you know about how to do it, the greater the probability of your success. A comprehensive list of Tips and Tools has been put together to help you no matter what stage of the job search process you are at. There is no use being told what to do, you need the tools to do it, giving you the confidence to identify and secure your perfect job.
Tips (Theory)
Negotiating salary can be a sensitive area, and sometimes a difficult subject for a candidate to raise. Most job seekers feel anxious, embarrassed and uncomfortable when the time comes to discuss salaries. Correct timing is essential, as is the manner in which you deliver your proposal. Remember it is easier to determine guidelines and working conditions before you start a job, than it is afterwards.
Be prepared.
Never discuss salary until you have a job offer.
Know your absolute bottom line.
Don't say yes to an offer straight away.
Get offer in writing.
Tools (Practice)
Every new job is an opportunity to negotiate salary, various kinds of bonuses, benefits and other incentives that add to job satisfaction and provide financial security. In this section you will find the tools to help you gather information, plan your approach and make decisions to reach your goal.
Here is an excellent checklist to simply Negotiating Salary.
Caution
Never discuss salary until you have a job offer. If you do, you could price yourself out of the job bevore the employer is convinced they need you. Have a salary range in mind and be prepared to discuss these figures once salary negotiation has come up.
Information
We are continually on the lookout for useful information for the jobseekers. In order to better serve you, we now post relevant articles, news items, events and service providers that may be of interest to you.
Further Research
The following career-related articles have been carefully selected to assist you in the job search decision-making process.
Links
Check out The 2007 Hays Salary Survey which has recently been released. www.hays.com.au/salary