| April 2024 |

How do you master the art of negotiating a new role?

Mastering the Art of Interviews Strategies - Empowered Decision

Exploring a step-by-step approach

WRITTEN BY: Laura Biggs

Congratulations! You’ve impressed your potential new employer, and there’s mutual interest in moving forward. Now, it’s time to delve into the negotiation process to finalise your decision and ensure a smooth transition into your new role.

Negotiation is a delicate dance, requiring careful planning and strategy to ensure a win-win outcome for both parties involved

Setting the Stage
First things first, maintain control of the negotiation process by staying organised. Create a checklist and outline your priorities before entering into discussions. Rectifying issues after the offer process can be cumbersome, so it’s essential to approach negotiations with clarity and foresight.

Understanding Your Position
Negotiation power often hinges on your industry demand and skillset. In competitive fields or when starting a new career, your leverage may be limited. However, regardless of your position, it’s crucial to keep the big picture in mind. Consider the long-term benefits of working for the company and how the role aligns with your career aspirations.

Key Points of Negotiation
When it comes to negotiations, various aspects of your employment may be up for discussion, including salary, benefits, working conditions, and career advancement opportunities. Consolidate your negotiation points and present them cohesively to demonstrate your willingness to compromise.

Preparing for the Discussion
Before diving into negotiations, take time to understand the hiring manager’s perspective. Consider factors such as market rates, your unique skills, and the value you bring to the company. Armed with this knowledge, you can enter negotiations with confidence and clarity.

Researching Your Market Value
It’s essential to have a realistic understanding of your market value. Conduct research using salary surveys, network with industry peers, and explore online resources to gauge your worth accurately. Remember to consider factors like experience, skills, and geographic location when determining your market rate.

“Negotiation is a collaborative effort aimed at achieving mutual benefit, so keep an open mind and focus on building a positive relationship with your future employer.”

“Negotiation is a delicate dance, requiring careful planning and strategy…”

Crafting Your Case
Prepare a compelling case for your desired salary and conditions. Highlight your achievements, quantify your contributions, and be transparent about your expectations. Establish your walk-away point and prioritise your negotiation goals to ensure a successful outcome.

Engaging in the Conversation
Whether negotiating with a hiring manager or HR representative, approach the discussion thoughtfully. Be transparent about your current situation and articulate your value proposition clearly. Keep the dialogue open and collaborative, focusing on mutual benefit rather than confrontation.

Handling Written Offers
If presented with a written offer, proceed with caution. While negotiations may be more challenging at this stage, it’s still possible to discuss terms with decision-makers. Request a discussion to explore potential adjustments and prepare to make your case effectively.

Navigating Internal Policies
Understanding company policies and entitlements is essential when negotiating employment terms. Familiarise yourself with relevant standards, agreements, and contractual obligations to ensure a fair and equitable outcome.

Exploring Alternatives
If unable to reach an agreement, consider alternative options such as performance reviews, sign-on bonuses, or flexible arrangements. Maintain professionalism throughout the process and keep lines of communication open for future opportunities.

Mastering the negotiation process is a critical skill in securing your ideal job. By approaching discussions with preparation, clarity, and professionalism, you can navigate negotiations successfully and secure a rewarding employment package.