01 Jul 11 Tips for Salary Negotiation at Interview
Salary negotiation is an important part of any final job interview, from both the interviewer and interviewee’s point of view. Salary has to be negotiated in such a way, that both the parties remain benefited. But often poor negotiation skill of the interviewee can spoil the entire process and result into unsatisfactory output. Don’t let your poor negotiation spoil your future. Here are some tips for you.
Don’t rush towards the negotiation process
Undoubtedly salary is one of the main pulling factors behind job switching. Being tempted by better salary we often change jobs. And that’s a common interest for both you and the interviewer; since the interviewer has to pay you. That’s an obvious question which may crop up at any part of the interview process. But don’t rush towards the salary discussion. When asked you may quote your expected salary or say it can be worked out later.
Know your value first
To ask for a reasonable salary, first you need to find your own market value. Judge your value in terms of logical perception of your knowledge, experience, skills and expertise, achievements, training, brand association and educational qualification.
Organization’s pay structure
Some organizations may have their own pay structure as per the candidates’ educational levels. Defined salary structures are at times made flexible, depending on candidate’s exclusive skills or extra-ordinary caliber. Know these pay structures before negotiating salary.
Exclusive position
In case your job position is quite unique and exclusive or you are the only one who could get through the interview process you can call for a premium amount of salary. As for example, if the concerned company keeps only one brand manager and you have been selected as the one, you can ask for a good salary package.
Industry rate
Know the industry rate first. Know how much other companies in the same industry are paying to its employees, at similar level like you. Knowing the industry rate will help you in the negotiation process to put forth a logical demand of salary.
Put your greed aside
Don’t get too greedy about money. A good company can’t be missed out for a few extra bucks. If everything is fine and you decide to join, don’t let the greed come in between. If you are getting a decent package, join it. Later on with time as you build good rapport and prove your skills salary hike won’t be a problem for you. Consider the entire package, not just winning negotiation. Too tall demand of yours may make the interviewer find you unreasonable or money minded. So be fair, gentle and not too pushy.
| Let a good negotiation bring you good luck and the dream job. |
Tags: Caliber, Educational Levels, Educational Qualification, Interviewee, Interviewer, Job Interview, Jobs, Negotiating Salary, Negotiation Process, Negotiation Skill, Pay Structure, Perception, Point Of View, Quote, Salary Negotiation, Salary Package, Salary Structures, T Rush
09 Jan 11 How to Grab a Dream Job – Part 2
In continuation to the last article about how to grab a dream job, this article includes many more tips regarding how to grab a dream job. Cultivate these habits.
Competency
Don’t forget quality can never be compromised in the long run. So to grab your dream job, you have to be competent enough to get it. How good are you for the dream job? Are you capable enough to do the job effectively? If you are applying for a graphic designer’s position, you should be skilled enough in graphic designing. You may be asked for a design portfolio besides creating an instant nice design on computer within the given time. Don’t forget, excellence can’t be ignored by anyone. So become competent enough to grab the dream job.
Do your research
It’s always advisable to do your research about the company before going for the interview. Go to its website, consult people. Know its mission, vision, clients, achievements, history, future plans etc. Your thorough knowledge about the company will impress the interviewer. It shows your interest and knowledge. Do your research about the industry and other competitors in the market too.
Stay honest
Integrity is very important. Maintain transparency. Don’t lie to the interviewer. Whether it’s regarding your age, educational qualification, job experience or reason for new job hunt – maintain transparency everywhere. Even if truth is not glorious at times, a good interviewer will definitely appreciate and value your honesty.
Don’t overcharge
Never quote a salary which is much ahead of standard fee. Definitely ask what you deserve, but not much ahead of standard salary. Don’t under price but don’t overprice either. Before quoting price know comparative prices in the industry. Even if you don’t get salary as per your own wishes, join. People will soon recognize your worth and provide what you deserve.
These few simple tips are highly effective. Targeting dream job is easy, but for acquiring the dream job one has to cultivate these good habits and evolve as a better professional. Start preparing yourself today; soon you will be ahead of others.
Tags: Comparative Prices, Competency, Continuation, Design Portfolio, Dream Job, Educational Qualification, Future Plans, Good Interviewer, Graphic Designer, Honest Integrity, Honesty, Job Hunt, Mission Vision, New Job, Nice Design, Overprice, Qualification Job, Salary, Time Don, Transparency
24 May 10 How to Write an Effective Cover Letter?
A cover letter accompanies resume to be mailed to the employer. It shouldn’t duplicate the resume, but complement it. It should be factual, informative, data oriented yet personal. Cover letter is your first opportunity to impress the recruiter, thus, writing an effective cover letter is of great importance. Writing a cover letter for the purpose of job often seems like a tedious task. But if certain steps and tips are followed it’s quite an easy. There are mainly 3 types of cover letters – the application letter (in response to a known job vacancy), prospecting letter (enquiring about prospective vacancy) and networking letter (requesting information and assistance in job search).
An ideal cover letter has 4 parts –
Salutation
Letter should address the person you wish to communicate with. This person may hire you. Spell the full name correctly.
Opening
Opening paragraph of the letter is very important, as it’s the first step to appeal to the reader. If you are applying in response to an advertisement, mention that.
Body
This is the most descriptive part of the letter. It should reflect your educational qualification as per your resume, your job experience. You have to sell yourself in most attractive package in this part.
Closing
End has to be interesting, humble and effective. At the end, request for an interview/appointment. Leave a thank note. Use standard complimentary notes like – ‘Sincerely yours’ or ‘Your faithfully’. Leave some space for your signature and below that type your full name.
How to craft the letter?
- Customize the cover letter, as per the employer. Do research concerning the employer before writing the letter. Specifically relate your skills and aptitude with the job you are applying for.
- Mention the source, from where you came to know about the given position. Don’t forget to mention title of the position you are applying for.
- Mention reasons of your interest in the organization. To write in detail, do your homework about the company, its success stories, recent projects, and upcoming projects.
- Only display relevant skills and experience. Don’t include unrelated ones.
- Emphasize on your matching educational qualification, abilities, strengths, and achievements.
Remember certain important points while writing
- Be brief and hit on the point
- Don’t make mistake
- Use word processor and spell check
- Avoid clumsy fonts and colors
Don’t let the chances of casting a good impression go waste with a poor cover letter. Follow the guidelines and craft a brief effective cover letter. Attach it with your CV and send across. Cross your fingers and wait for the interview call. Good luck!
Tags: Advertisement, Application Letter, Aptitude, Attractive Package, Cover Letters, Educational Qualification, Enquiring, Informative Data, Interview Appointment, Job Letter, Job Search, Job Vacancy, Networking Information, Networking Letter, Paragraph, Recruiter, Salutation Letter, Signature, Tedious Task, Writing A Cover Letter
