NEGOTIATING THE DEAL
If you are ‘in line’ for or have been offered a top job – or a very distinctive one – you may find your self in a negotiating position on matters such as salary.
Here are some guidelines and tips
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- Decline to discus salary and conditions until the very last stages – preferably after they have said that they would like you to take the job (Say that you are sure that something mutually acceptable can be worked out – and you are happy to leave such details until later)
- If you are pressed – at an early stage – just give an indication of the salary range that you would expect to be the norm for such jobs – ‘from your experience’. Try not to be specific – or to refer to any single figure
- When salary is mentioned – always say that there are other aspects of the ‘package ‘ which are important also. If pressed, refer to incentives, contract terms etc
- When the time comes to fix conditions say that you would like to first ‘rough out’ the general terms – and not to agree specific things straight away.
- Have some aspects that you are quite relaxed about – that you don’t intend to negotiate on – eg notice period, start date, relocation allowances, pension contributions , car etc. Try to get these discussed first – ie get off to a positive start
- When it gets to the tough things – usually salary and contract period – don’t make the first offer. Ask what they had in mind.
- Don’t jump at the first offer – even if it is better than you had expected. Ask if they have any ‘flexibility’. Try to move it up a bit - but be gracious and don’t expect too much. Don’t negotiate hard – just enough to get respect
- If the offer is seriously disappointing – say so. If they don’t move – say you will have to think about it and commit to getting back to them in (say) 1 week. If they ask you what you want tell them your mid-point figure.
- If the final offer is worse than you had wanted – but you are still interested – try to negotiate a review after 6 months and get it in writing in the offer letter.
- Try to remain friendly – whatever the outcome.
For more information on these topics go to the FURTHER INFORMATION page in this Advice section
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