Communicating Your Worth

There are a number of principles worth remembering when negotiating your salary

- Heidi Duvenage

The words ‘salary negotiation’ can dry the mouth of the most confident person, but renegotiating your package with your existing boss or coming to an agreement with a new employer needn’t be terrifying. If you are well prepared for the discussion and approach it with conviction, it can be rather exciting and empowering.

PayScale’s Salary Negotiation Guide – an international benchmark – shows that 75% of professionals who ask for a raise get one. Yet 60% of millennials accept their first job offer without negotiating, often setting them up to be compensated below their worth for years into the future. 

There are three major instances where you might need to negotiate your salary:

Accepting a job from a new employer.

Applying for a new role at your current employer.

Seeking more compensation for your existing role. 

Here are some tips to help you secure the best possible deal from your employer.

Sell yourself before putting a price on your skills and experience