Talking about money with a potential employer might feel a bit awkward, but coming to terms that leave both sides content is crucial. Below, experts offer suggestions on how to prepare for salary negotiations.
Candidates who land offers at the higher end of a salary range are ones who can demonstrate to an employer that they are worth the price. Some ways to do that include:
- Quantifying experience. ("My client increased sales by 8 percent after implementing my marketing idea.")
- Researching the company beforehand so that you can tailor information to its needs. ("I see the company is interested in becoming 'greener.' Here are some ways I might be of help.")
- Pointing out any extras that set you apart (advanced training, special certifications, knowledge of a second language, etc.).
Ideally, both sides should have similar expectations regarding salary by the time an offer is issued. Yet sometimes there are surprises.
Finally, try to view negotiations as seeking a win-win situation for all involved. An employer with enough interest to go through all the stages leading up to an offer has already invested a fair amount of time and energy. The company may be just as eager as you to make things work.
Here are some tips to remember the next time you compose a thank-you note following an employment interview:
Don't lose hope. Even if you doubt the interview went well, it's still wise to send a thank-you note. For one thing, the hiring manager may have felt the interview was more successful than you did. In addition, your display of courtesy and professionalism could work in your favor if you cross paths with the person again or another opening arises within the firm.
Send a handwritten note. It's best to send a thank-you note within 24 hours of your interview. Consider sending a quick e-mail message as soon as you return home in order to meet this "deadline." But don't stop there. Follow up with a letter sent through the regular mail. Use high-quality stationery, and write the message by hand. This personal touch is likely to impress the hiring manager and help you stand out from other candidates, as well as present you with another opportunity to explain why you're right for the job.
Write more than one if necessary. Many employers now involve multiple people in the hiring process to get a well-rounded view of applicants. If you interviewed with more than one hiring manager, send a thank-you note to each person. Address every letter to a specific individual, even if you have to do some research to uncover the spelling of someone's name or locate his or her contact information. Also make sure the content of each letter differs, at least slightly; hiring managers often compare notes.
Make it specific. To give your letter a personal touch, bring up specifics points from the conversation you had with the hiring manager. For example, if a prospective employer mentioned multiple times that the open position calls for strong knowledge of Microsoft Excel, use the thank-you note as an opportunity to remind the person that you've received a professional certification in this program. Even an offhand remark can serve as good fodder. If you discovered the hiring manager attended the same university as you, referencing this commonality could make for an interesting opening or close to your letter.