Tips For Salary Negotiation Training Ppt

Slide 1

This slide provides tips for negotiating salary effectively. The recommendations are: Start by calculating your economic worth, Research the market average, Prepare your talking points, Ask for more, Share expenses you’re incurring, and Be flexible.

Slide 2

This slide depicts the salary negotiation tip “Knowing your Economic Worth." It emphasizes the importance of knowing exactly how much value one can offer an employer before negotiating a salary. Geographic location, years of experience in the industry, years of management experience, education level, professional standing, skills, certifications and licenses are all factors that can affect your salary.

Slide 3

This slide depicts the salary negotiation tip "Research the Market Average." It mentions that knowing the market average can provide a good starting point for your salary request and serve as a justification as well. It also highlights the questions to consider while beginning your market research.

The questions are as follows:

• What is the national average salary for the position?
• What is the average in your geographical location and nearby cities?
• How much do comparable companies in your area pay employees in this position?

Slide 4

This slide emphasizes the significance of “Preparing your talking points" while negotiating a salary. It mentions that before contacting the employer, make a list of talking points that are as specific as possible. Among the possibilities are:

• Results achieved in previous roles, such as goals met, awards received, and revenue generated
• Years of industry experience, especially if you have more than what the employer specified as a requirement
• Certifications or skills, especially if they are in high demand in your industry

Slide 5

This slide depicts "Ask for more" as a salary negotiation tip. It emphasizes the one fundamental rule of salary negotiation: Offer the employer a slightly higher figure than your expected salary. Even if they negotiate downwards, you'll still get a good salary. It also states that while providing a salary range, make sure the lowest number you provide is still a reasonable amount.

Slide 6

This slide explains “Sharing your expenses" as a salary negotiation tip. It emphasizes that another reason an employee might want to ask for a raise is to cover any expenses (such as commuting or vehicle wear and tear) incurred due to accepting the job. It also mentions that it is not uncommon for employees to request that their pay be adjusted to account for their expenses.

Slide 7

This slide depicts the salary negotiation tip Be Flexible. It emphasizes that if the employer cannot provide the desired salary, other forms of compensation such as stock options, vacation days, and work-from-home days may be available. In some cases, these benefits may be as valuable as a pay cheque.