Don't be afraid to negotiate your salary. Once a hiring manager chooses you from what is probably the largest pool of candidates she’s ever seen, you know you’re a top candidate. The current economy won’t give you the edge to ask for first-class air travel, but you do have options that can improve your salary outcome.
1. Don’t disclose your pay requirements during the interview process. The first person to provide numbers establishes the range. If you give a number first, the interviewer will either tell you you’re in the same ballpark as him, or you’re too high.
If you ask for less than the interviewer was considering, you'll probably get it – and never find out you might have earned more. So interviewers always want you to disclose your requirements first. (Do not try to remedy this situation by giving an unreasonably high number because then you will sound unreasonable.)
Your first line of defense is to say you’d like to talk about salary once you have an offer. Still, a good interviewer will persevere. So try asking the interviewer what HE would pay someone for this job. Whatever number he gives, you can say, “That will be a fine starting point." (You will ask for more later.)
2. Do not negotiate until you have an offer in writing. Here’s why (and you should remember this for when the tables are turned): Let’s say the job pays a salary and a performance bonus, but you don't know about the bonus part. If you do not get a written offer specifying the pay elements before you start negotiating, then you might negotiate a higher base salary but lose a portion of your bonus. That's because the bonus gives your hiring manager some "wiggle room." She can take it off the table before you know you're supposed to receive it. (Then she can report back to her boss and say, “I saved us $5K.") Get the full offer in writing so you know what you have to work with during your bargaining.
Once you have that written offer, ask for a night to think about it and come back with a counter offer. Admittedly, you may hate confrontation and feel you're a poor negotiator, but you have nothing to lose and you're likely to get more money. Plus you will get better at this each time you try. Remember, almost no one loses a written offer because he asks for more money.
3. Do your research and plan your attack.
To know what to ask for in negotiations, you MUST know the pay range for your position. Check out salary surveys online and in trade journals. Do not quote any numbers from surveys conducted earlier than 2001. They are inflated. Get more recent information. Talk with friends in similar jobs or recruiters who regularly fill this type of position in your geographic region. Find the top of the salary range and ask for that. Show the hiring manager your research and remind her why you are worth the top of the range.
If you are fortunate enough to find out that your offer already is in the high end of your salary range, then propose taking on more responsibilities so you can ask for slightly more pay. Suppose you are a marketing manager with a background in technical writing. You can say that while most marketing managers pass off technical writing in marketing documents to someone else, you will handle this yourself. This entitles you to ask for slightly more.
4. Know what you need.
Each person is compensated in different ways – and not always monetarily. For instance, if you love what you do, you may not mind earning less than your neighbor with the same degree. Likewise, if you have a shorter commute. Friends can advise you, but you are the one in the job, and you must decide if you want it, regardless of the size of your paycheck. No salary survey can tell you that. Decide what's important to you and what trade-offs you'll make pay wise, but be honest with yourself. Don’t give up being paid more because you hate negotiating. Self-knowledge, good negotiation skills – and a little chutzpah — will help ensure you earn what you deserve starting with your next job.









You said: "Remember, almost no one loses a written offer because he asks for more money."
The question I'm struggling with is:
How many people lose an offer because of start date negotiations?
(we're talking about a month long disparity here)
* * * * * *
Yes, you can easily lose a job offer because of a start date. You're being hired becuase there is work that needs doing. If the work can't wait, it can't wait.
This is a great example of why specialists have more flexiblity in their work. If you are a speicalist and difficult to replace, then you are more likely to be able to put off a start date for a whole month.
–Penelope
Posted by Brad on 05/07/2007 at 02:28pm | permalink | Reply to this comment
Do you have any advice if you had given a range that you have a suspicion is too low to the recruiter? I wish I had read your post before I made the blunder :(
Posted by Poor Negotiator on 08/01/2008 at 01:08am | permalink | Reply to this comment
Hey Penelope, I'm huge fan of yours and a fellow ENTJ. I have a question: how much is happiness vs. financial stability worth exactly? I am a finalist for an amazing position at a small company (I currently work at a huge corporation) with huge learning opportunities and may get an offer in the next couple of days. The only problem? The starting salary is 10K less than I currently make. I believe I can negotiate it up somewhat, but am unsure what my minimum should be, given that I am in a tremendous amount of student loan debt. What would Penelope Trunk Do (WWPTD)?
Posted by WWPTD on 01/06/2009 at 01:21pm | permalink | Reply to this comment
$10k is nothing. After taxes it's more like $8K. Which is nothing per week. It's not gonna change your life. Take the job that will be amazing. If you keep making that decision — instead of a decision about $8K — you will get financial stability by having star power in your career.
-Penelope
Posted by Penelope Trunk on 01/06/2009 at 05:53pm | permalink | Reply to this comment
$10k is nothing? You're right, if you're already earning decent money. However, if this person is lower on the payscale and it's $25k -vs-$35k, that's definitely life changing. I understand the argument for the "huge learning opportunity", but those don't always pay off…I wouldn't recommend someone jump ship for a lesser salary in this economy without knowing the facts around the information provided. Also, the suggestions for negotiating are nice, but I can tell you that as a hiring manager, I won't even waste my time on someone who is unwilling to disclose their current salary, and expectations upfront. The recommendations make sense when dealing with jobs paying around $150k and higher – but I can tell you that when I hire someone for under $100k/yr, it's just not worth my time to deal with someone who thinks they're a smart negotiator. This advice would risk someone's likelihood of making a jump successfully in my mind.
Posted by GHG on 2009-05-06 14:44:56 | (Comments wont nest below this level)
What about those instances in which a recruiter is forthcoming about the salary range in the very first phone conversation, but even the high end of the range is below what I'm looking to make? Is it worth still going for the interview? Can negotiations ever bring me beyond the high end of that range? If so, how do I respond when they ask if that range is acceptable to me?
Posted by cajeba on 04/06/2009 at 05:53pm | permalink | Reply to this comment
I was once in a salary negotiation where the recruiter told me they were planning to make me an offer (note: that was verbal, not in writing), and then asked me what I was making at that time. I explained that my hourly salary at that time was for a short-term contract, so it was not comparable to what I was looking for in a more stable job. I did not tell the recruiter what I was making because it would have been ludicrous to imply that it was my expectation (I was making $60/hour in a freak situation where I was the only person who could do the job, but normal would have been more like $20/hour and I would have been delighted with $25).
Well, the recruiter asked me over and over and over and over again over multiple phone calls. I told him literally at least five times that my current salary was not relevant to the job they were planning to make me an offer for, and asked what they were planning to pay. After a while he told me that they could not offer me a position if I didn't answer the question, so I said yet again that I was currently in a very short term and unusual position, and that I did not expect to make anything like this wage at a steady job, and told him I was making $60/hour. He said he would get back to me, and I never heard from him again. I phoned him back a few days later to ask what was going on, and he said, "Oh, you're too rich for our blood!" to tell me they were not going to make the offer.
This was, needless to say, extremely frustrating, particularly since I had explicitly told them that I wasn't expecting my current salary at the new job. What should I have done, lied and made up a number that was only a bit high for the normal pay for that job? I've wondered since then if they had no real plan to offer me a position and would have withdrawn the proposed offer no matter what I had said — is that at all likely?
Posted by Julianne on 05/22/2009 at 10:59am | permalink | Reply to this comment
If it was a short term contract, not in line with the amount you were earning in your prior positions, then I would provide that data with numbers from those positions as back up. I too have been faced with much higher prior salaries from candidates, and while generally people don't want to go lower than previous pay, in this economy, people will sometimes do anything to secure an offer. As a manager, I don't care to bite on that bate, since the person is likely to be a short-term hire, and that is just painful for everyone involved.
While I would not have gone further with a candidate who was paid two or three times the expected earnings of a position, I certainly would be open minded if that candidate also explained not just that it was a short term contract, etc…but rather that all positions prior to the windfall role were paid in line with expected earnings for the position, with an example or two. That's part of why I don't just ask for most recent salary…I recently had a candidate who had only been with their current employer 9 months, and my query exposed that they'd received a 25% salary bump in that move. I'm not going to tack on another 25% to move them to my company; that's insane unless they're just that valuable.
Shame on the recruiter for being closed minded enough to not ask about prior roles once you disclosed the anomaly of your last position, but it's up to you to set their concerns aside, not the recruiter. Perhaps you were this specific and just didn't mention it in your post. If that's the case, I'd say this was just a poor recruiter, and that can happen in any situation – if it doesn't click, it doesn't, and if it's a reflection on the company's mentality, you're probably better off without them too. That said, if this is a pattern of the conversations with the employment you're seeking, I'd adjust your strategy.
Posted by GHG on 05/22/2009 at 11:38am | permalink | Reply to this comment
finally found the information im looking for here on your site thank you. I have bookmarked your site so I can come back
Posted by james brand on 12/08/2009 at 11:40pm | permalink | Reply to this comment
Hey great read ive been looking all over the place to try to find this information.
Posted by john alberts on 12/09/2009 at 02:52pm | permalink | Reply to this comment
I’ve found all that “most expensive” this or “priciest that” stuff to be pure marketing hooey. If the press stopped covering them they certainly wouldn’t make them any longer … it’s just a free commercial for whatever restaurant is promoting it.
Posted by matchmaker on 01/18/2010 at 05:10am | permalink | Reply to this comment
Hey Penelope. I'm a loyal reader of this blog and I've been following you for a year now, and I'm loving it :)
Here's the issue: I'm on a temporary which will end soon; and will be negotiating the renewal of my employment.
Some background: the company has been easy on the firing trigger recently citing lack of performance. A friend in a similar position who already went through the renewal process was able to get a permanent contract (which I am planning to ask for) in addition to a 13% salary increase (now equaling the amount I earn, which is a good deal in my opinion).
I am satisfied with my performance, and so is my manager. Also, finding an alternative job is relatively easy, as it's in high demand. Two questions, regarding negotiating a salary increase:
- How much of a raise should I ask for, in order to reach my target salary which is about 7% higher; and how much is too much?
- Can I argue that there's a high demand on my profile, or mention being in discussion with competitors and receiving better offers?
Posted by ml on 03/04/2010 at 06:22pm | permalink | Reply to this comment