When writing a professional resume, think ahead to your compensation.
When you’re looking for a new job, you likely have a salary goal in mind. As you’re writing a professional resume, you begin thinking about what you’re really worth. However, when you’re presented with a job offer, you may feel like you either have to take it or leave it. However, this is not the case. With careful c-level personal branding and these tips, you can negotiate a better salary and gain the compensation you deserve.
Research Average Salaries
Salaries vary dramatically due to a variety of factors, including location, industry, education level, experience and employer budget. What you make at a position in one location may be significantly more or less in another location. Performing your due diligence can help you learn how much you can expect to earn in a given position. Consider both local and national statistics for a clearer picture. Be sure to bring this information along to show a prospective employer.
Think Creatively
Compensation isn’t limited to what you bring home in your paycheck. There are other ways you can be compensated for your time and can help you boost your salary negotiations. If your prospective employer won’t increase your starting salary, consider asking for a performance review in six months to give you time to prove your worth. You may also inquire about:
- Signing bonuses
- Stocks
- Tuition reimbursement
- Paid time off
- Flexibility in your work schedule or location
These terms can bring value without increasing the salary your employer will pay.
Be Prepared to Walk Away
If you’re writing a professional resume, you are looking for a new job, but that doesn’t mean you have to accept whatever comes your way, no questions asked. Instead, you need to understand your worth and be prepared to walk away if an employer doesn’t realize that value. If you are the ideal candidate for the position, there is a chance they will offer you more once you let them know you are no longer interested. However, you need to be prepared to follow through if they don’t change their offer.
Practice
Like all other areas of life, practice makes perfect. There is value in practicing your negotiating skills with family members or a friend before you head to the negotiating table. Make sure your loved one offers some resistance so you can practice what you will say when the time comes.
Negotiating your salary can be one of the most difficult aspects of interviewing for a new job, especially for women. While you focus on your c-level personal branding when writing a professional resume, you must understand what your real worth is so you can fight for every cent you deserve.