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22 October 2018

Robert Jain: The Do's And Don'ts Of Negotiating Your Pay

By Jason McDonald


If you've been at your place of work for a few years, there's a good chance that you enjoy multiple aspects of it. Perhaps you like the people that you work with or maybe there are certain benefits, like dental and vision, that are simply too good to pass up. Regardless, you may believe that you can make more money. Payment negotiation, despite how intimidating it might be on the surface, doesn't have to be challenging. Here are a few do's and don'ts that Robert Jain can provide for this purpose.

When it comes to payment negotiation, openness is key. You may be inclined to simply throw out the first number that comes to mind, but this doesn't necessarily open a conversation. Instead, speak about opportunities within the workplace. Discuss your progress at work and what can be done, if anything, to improve your chances of making more money. Conversations like these matter and names like Bob Jain will say the same.

Next, state your case as clearly as possible. Discuss why you believe you deserve more money for the work that you do. Offer hard facts and statistics including the improvements you've made in your work, how it's benefited the company from a financial standpoint, and what have you. The more that you offer in the way of numbers and clear examples, the better your chances will be of making more money in the long term.

Now let's discuss some of the things that shouldn't be done when it comes to negotiating one's payment. For instance, you should be mindful about negotiating too early into your tenure. After all, you might not have proven yourself up until that point. If you want to be paid more, it's important to show why you deserve it. This should be done steadily over the course of time, which speaks to the importance of timeliness in this regard.

It's also worth noting that a lack of flexibility can hurt you during the negotiation process. While it's important to stick to your morals and strive for the highest amount possible, there may come a time when you have to work with what your employer provides. Taking a raise less than what you expected isn't a sign of weakness. If anything, it shows that you're willing to compromise, which is a great trait for any employee.




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