When negotiating salary what are some key points to focus on?

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What I’m bringing to the table and how much other places will pay for that. Be able to validate the numbers you want to get, years of experience, and skills. I look at it like I’m making the case for the company to give me more of their money, so I show them the value for it.

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Data and value you bring. Research the market range for your role and find a number there that represent the value you believe to the company.

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The whole package.

I’ve had companies offer their gold tier health insurance for a family at $3000/mo, and others who offer it entirely free. I’ve had companies match 100% of 401k contributions and others who haven’t matched anything. Qualified profit sharing plans, profit incentive bonuses, PTO, vehicle/phone/travel allowances, etc.

Very rarely do I ever negotiate the top line salary until I understand the whole comprehensive package.

Only then can I evaluate an apples to apples comparison and come up with a hard and firm salary number.

If pressured before, I’d give a number that I’d feel comfortable with if all of the above weren’t included - but rarely am I ever pressured to give a hard number.

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Focus on your past contributions and future value

I’d say skills and value you bring are the number one topics I usually bring up

When negotiating salary, it's important to discuss:

1. Your walkaway rate - the minimum amount of money you can accept without needing to find another job. You'll want to mention this number if the offer you receive is below it. Otherwise, it's optional to mention your minimum amount.

2. Your ideal rate - the salary you would love to earn. If you're stuck and need to get a sense of how much you could earn in the role, you can go to websites such as Glassdoor's Company Salaries page (https://www.glassdoor.com/Salaries/index.htm).

3. How you meet and exceed the qualifications/expectations for the job as well as how you will save or make the company money. Get clear on your UVA (unique value add), which summarizes the problem(s) you solve for employers. You'll want the company to know that if you can earn your ideal salary, you will justify that cost of hiring you by exceeding their expectations/needs.

I hope this helps! You've got this!!

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