Salary Negotation

Salary Negotiation

Receiving a job offers a sigh of relief, especially if you have been struggling in this area for a while. After you have created a resume, cover letter, and been called for the interview, it is time to brush up on your interview skills and face an uncomfortable bit of your job offer: salary negotiation.

It can be awkward and frightening to talk about negotiating your salary due to a variety of reasons. Be it a lack of self-esteem or a fear of losing your job, constructively working out a reasonable pay is rewarding in the long run.

Do not forget that Canada is a competitive economy. Hence, employers are also looking for well-deserved people who can hold their ground and argue effectively in a professional environment.

Research is Essential

There is hardly anyone who would apply for a job without researching extensively. Do not forget this when it comes to salary negotiation! Factor in your job description, sick leaves, benefits, etc. Make the most of your North American network and ask friends, professionals, and recruiters about what may be the ideal salary for you. There is also plenty of information available on platforms like LinkedIn.

Prepare to be surprised, since their factors might be different from the ones in your native country. For instance, many schools in Canada are partially or entirely funded by the Government. So, you may not be required to count your child’s school fees while considering the salary that suits you.

However, this negotiation should not be driven solely by the size of the cheque you get at the beginning of each month. Consider the entire job package carefully and then make a decision.

Make the Best Case for Yourself

What do you bring to the table? How will your skills help the company? What makes you an employee worth considering?

There is a difference between listing these in your resume and backing your credentials up with enough experience and body language. You should be able to demonstrate to them why you deserve a higher salary. In this case, avoid mentioning personal needs regarding you and your family. Your merit will go a longer way than any financial requirements at home.

Wait for the Right Time to Play your Cards Right

This happens only when the interviewer has decided that you are the one for the job. A premature discussion initiated by you can result in your dismissal as a candidate. Hence, avoid talking about it till your employer begins the salary conversation.

Have your Ideal Salary in Mind

Upon considering your financial requirements and personal needs, you would have a number in mind. Hold on to it and try to bring your offer up to it.

If things go south and your employer does not agree to the ideal amount, know your bottom line too. However, do not speak your ideal salary out loud – this can be counterproductive.

Steer clear of some common mistakes

Many people who are new to the industry make some common errors.

  • Feeling pressured to commit – Instead, you can kindly ask them for some time to reflect on the job offer.
  • Being too rigid or too flexible – Remember that this is not what negotiation means. Find the sweet spot and be comfortable with adjusting your expectations.
  • Sealing the deal orally – Stop right there! Ask for the job offer in writing. It will help you avoid any hassles down the road.

Settling on a satisfactory counteroffer needs you to trust your instincts and do ample research. At Dev Immigration Services Inc, we provide you with step-by-step directions to help you secure your position in your most-wanted Canadian companies. Contact us today!

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