5 Tips for Salary Negotiations in a Down Economy
Channel Your Inner Artisan Promoter
Negotiation can occur when one accepts a new job and when one is angling for a
raise. The Artisan Promoter is the most naturally skilled of all types in negotiation.
Here are some tips that they seem to know instinctively:
- Timing is Everything. In salary negotiations, the one who mentions money
first loses. For a new job, never negotiate salary or other benefits until you have
an offer of employment. For new employment, a new position or for a raise, talk about
your future contributions to the company before money discussions start.
- Know what you are Worth. Idealists and Guardian Protectors tend to want others to
praise and reward them for their worth and may not do the homework to get real facts.
They tend to give their power away to the employer. It is best to research salary ranges
before you start the negotiation. Know the average salary for candidates with your
education and skills in that type of position, in that type of industry, and in that
geographical location. Search the internet for salary information and also consult
- Know what you can Contribute. Rationals, in particular, love to solve systems
problems, but they may get too technical in telling about their ideas so they need to
learn to judge their audience. Artisans are great in emergencies and need to focus on
how they have solved past crises. Guardians cut risks and ensure that operations go
smoothly. Idealists are catalysts that help people work effectively in teams to create
a better future. If you can't state what you have done to help the company and what
you intend to do, you'll lose in negotiations. Think in terms of money or time saved,
resources preserved, problems solved, and opportunities or new products created.
In you can assign value in terms of numbers, you'll enhance your negotiating stance.
- Work toward a Win/Win situation. Focus on mutual goals. Negotiations that
are open dialogues rather than adversarial positions get the most for everyone.
Avoid commitment words like always, must have, never, and won't consider. If you
don't get all you want, don't take it personally or become angry. Before you enter
the negotiation, see if you can state the company's side in terms of present
conditions. Those who can understand the issues on both sides of the table are
the most successful.
- Seek Creative Alternatives. Often times in negotiations, a person does not achieve
everything they would like, especially in the area of salary. What other things might
be important to you? A bonus, cell phone and pager, childcare services, association
membership, commuting and parking costs, company car, computer equipment, flexible
work schedule, telecommuting, profit sharing and savings plans, etc. Decide what
options are the most important to you and put them on the table.
Finally, celebrate. No matter if you got all you wanted, got some of what you wanted, or
even didn't get anything you wanted, it is time to celebrate that you participated
in a negotiation. Each time you participate, you learn something new. The negotiations
concern a strictly economic issue - not a statement of your personal worth.