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Nairaland Forum / Nairaland / General / Career / How To Negotiate Your Salary For A Promotion: Tips And Tricks (12245 Views)
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How To Negotiate Your Salary For A Promotion: Tips And Tricks by Akinpedia(m): 3:55pm On Mar 17, 2023 |
Negotiating a salary for a promotion can be an intimidating process, but it's an important step in advancing your career and earning what you deserve. If you're unsure how to approach salary negotiations, don't worry. I will provide you with tips and tricks on how to negotiate a salary for a promotion successfully. We'll also discuss the benefits of negotiating your salary and how to prepare for the negotiation process. Before we dive into the tips and tricks of salary negotiations, let's talk about why it's important to negotiate your salary for a promotion. Why Negotiate Your Salary for a Promotion? Firstly, negotiating your salary shows that you value yourself and your skills. It also demonstrates that you're confident in your ability to perform in the new role. By negotiating your salary, you can ensure that you're being compensated fairly for the work that you'll be doing. Another benefit of negotiating your salary is that it can set the tone for your future earnings. Your salary for your promotion will likely serve as a baseline for future salary negotiations, and if you accept a salary that's too low, it could limit your earning potential in the future. Additionally, a higher salary can also lead to increased job satisfaction and motivation, which can ultimately lead to better performance in your new role. Tips and Tricks for Negotiating Your Salary - Do Your Research: Before entering into salary negotiations, research the industry standard for your position and location. This will give you an idea of what to expect in terms of salary and benefits. You can also use online salary calculators and websites such as Glassdoor, Payscale, and Indeed to gather information on salaries for similar positions. - Set a Realistic Range: Based on your research, set a realistic salary range that you would be comfortable with. This range should take into consideration your qualifications, experience, and the industry standard. - Highlight Your Value: During negotiations, make sure to highlight your value to the company. Provide examples of how your skills and experience can contribute to the company’s success. Emphasize your accomplishments, and how they have positively impacted your previous employers. - Consider Non-Salary Benefits: In addition to salary, consider other benefits such as healthcare, retirement plans, vacation time, flexible work arrangements, and training opportunities. These benefits can add significant value to your overall compensation package. - Be Open to Negotiation: Be prepared to negotiate and be flexible during the negotiation process. Consider what other items or benefits you may be willing to accept if your initial salary request is not met. Remember that negotiation is a two-way street and that a successful negotiation should benefit both parties. - Stay Positive and Professional: Maintain a positive and professional attitude throughout the negotiation process, even if things don't go as planned. Be respectful and polite, and avoid getting emotional or confrontational. - Follow Up: Once an agreement has been reached, make sure to follow up with a written confirmation of the terms and conditions of your employment, including salary and benefits. This will help ensure that there are no misunderstandings and that everyone is on the same page. https://akinpedia.com/career/career-advice/ 16 Likes 4 Shares
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Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Purity1st: 7:48pm On Mar 17, 2023 |
No be person wey get work they negotiate. Abeg next topics 13 Likes 3 Shares |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Yugoslavia247(m): 7:48pm On Mar 17, 2023 |
Lol Negotiate your salary. Except you be senior level. No try am junior. Na NYSC Person go replace you. Sharpaly. Some office no send you. Shebi if Dem no get replacement na im Dem go negotiate. 10 Likes |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by rottable(m): 7:48pm On Mar 17, 2023 |
Most people know this already. Where is the job anyways |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Nobody: 7:48pm On Mar 17, 2023 |
Vote GRV and LP everywhere first, then think about salary later because APC is determined to destroy the future of young Nigerians. 10 Likes |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Odewaleadesoye(m): 7:49pm On Mar 17, 2023 |
This is nice. 2 Likes 1 Share |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by jayred: 7:49pm On Mar 17, 2023 |
Good tips.. Big ups Op |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by dahmie2013: 7:54pm On Mar 17, 2023 |
Thank you OP. |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by dfrost: 7:59pm On Mar 17, 2023 |
👌 Rule 1: Always upskill. Else, you lose out to competition, internally and externally. My little opinion. Modified: Glassdoor is notorious for data mining. You have to almost give out everything about yourself. I might be wrong. 3 Likes |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by 96ACE: 8:06pm On Mar 17, 2023 |
Excellent tips |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by everythinggirly(f): 8:13pm On Mar 17, 2023 |
They might sack you immediately, and look for a replacement. |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Karlifate: 8:13pm On Mar 17, 2023 |
Akinpedia: Things don cost for market. |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Tywo2018: 8:18pm On Mar 17, 2023 |
Na for Private firm you fit they do all this one No go try am for Nigeria Civil Service ooo |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Emmastan291: 8:45pm On Mar 17, 2023 |
A good market sells itself... If you are of value, There is no negotiation, they will rush you... 1 Like |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by placeofallure(f): 9:10pm On Mar 17, 2023 |
Reinaldo: Your future, not mine. 5 Likes |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Treassured: 9:18pm On Mar 17, 2023 |
Nice Tips. |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by 77up(m): 9:20pm On Mar 17, 2023 |
Reinaldo:...and na grv go give Nigeria youths the job? Dey play🙄 |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by coachchijioke(m): 9:50pm On Mar 17, 2023 |
There are some companies that your salary will remain the same till you quit. I know some |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by TheWanderer: 11:34pm On Mar 17, 2023 |
Seems you have another job elsewhere Or maybe OP isn't making reference to naja |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Lemmy123(m): 7:37am On Mar 18, 2023 |
Negotiation is good until you shortchange yourself The employers are always out to profit from the bargain |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by MTHBOSS(m): 12:03pm On Mar 18, 2023 |
Useful |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Quebec91(m): 12:27pm On Mar 18, 2023 |
Purity1st: |
Re: How To Negotiate Your Salary For A Promotion: Tips And Tricks by Ishoola: 12:54pm On Mar 18, 2023 |
Find a better Business for yourself, and negotiate your earnings all by yourself. |
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