We’ve been told to always negotiate our salaries but it doesn’t always work.
Here is why a salary negotiation might fail.
Your Don’t Meet The Criteria for a Successful Negotiation
Consider the following:
- How much does the employer want you? (HIGH is good)
- How much do you need the job? (LOW is good)
- How qualified are you for the job? (HIGH is good)
- How much more are you asking for? (LOW is good)
If you don’t meet at least three out of four the criteria, it might not be a good idea to negotiate your salary.
Negotiation your salary is always a risk.
The Employer Withdrew the Offer
This happens to some people who negotiate their salary.
The employer might provide you a counter-offer or they might walk away.
Do not negotiate if you’re not prepared to walk away or lose the job!
Additional tips for salary negotiation:
Harvard Business School has a great article on salary negotiation that discusses everything from timing your offers (which is very important!) to connecting with your recruiter on a personal level to get what you want.
Related: How to Negotiate Your Salary Successfully
Readers, have you ever had an employer walk away from an offer?
Millennial Boss
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Great story. Good to see this hasn’t discouraged you from trying again.
If possible it helps to have more than one offer at a time, so you can play them off one another. Negotiation is easy after that.
Yup! Leveraging another offer is a great strategy.