How to Negotiate a Career Package After a Job Offer
So you had some interview coaching help, and your interview went really well, you got a job offer from the best company in the town, but the salary package is not what you were necessarily expecting, or the job description is not what you really expected. In this situation, a well-written negotiation letter or email can make the situation in your favor.
A written counter offer from the employee shows you the whole picture of the employment package, including bonuses, salary, travel time, benefits, health insurance, and paid time off.
Written counter proposals will also help you to gain the clarity of all of the advantages and disadvantages of the role. You can make a clear decision after studying the proposal thoroughly. So, the following steps are the effective steps for a successful negotiation;
- Begin your counter offer by thanking the HR department or interviewer and express your genuine gratitude for the job opportunity.
- Grab their attention, you must request any employment details or the company’s policy. With a job offer, it’s appropriate for you to request these things. Also, you can ask about working hours or days, whether the timings are flexible or not, etc.
- Next, you take time from the employer at least 24 to 48 hours. Tell them that you need to think about it. After discussing employment policies, it’s time for you to negotiate. The time you are taking to rethink can prevent you from hasty decisions.
- When the time is over, ask the management to set up a specific time for a meeting/talk with the HR department.
- During your time for a rethink, perform some research about the employment package and salary that employers offered. See if it’s low or high-level compensation according to the region and industry. Also, make sure the paid time off, retirement plan, and insurance plan are constant with organization standards.
- Meet your hiring manager and request your desired salary. Be realistic, don’t demand 50% more than offered, and be reasonable according to the industry and position.
- If the hiring manager resists your request, then reduce it slightly but don’t compromise on other benefits.
Keep on negotiating with the HR department/manager until you both agree to a final offer. At that time, you have to make a final decision immediately whether you’re still interested or not in the offer.
A professional approach during a job offer negotiation will give you another closure to the industrial world. The final decision is on you, but there’s no harm in negotiating with a hiring manager.