Negotiating Your Offer Letter

We know the gender pay gap exists. In 2016, women made 76 cents for every dollar men made. There are a lot of factors that cause this gap. This blog post focuses on what you can negotiate in your next offer letter.

Do Your Research
You just interviewed for a job that fits you perfectly. What now? Do you homework, research which items you may be able to negotiate.
Here are a list of suggested steps in your research.
  • Average salary for that job title in your area.
  • Salary range is comparing large cities to more rural locations.
  • Sites to checkout payscale, glassdoor and indeed.
  • Talk to mentors, colleagues or others in your field about how best to negotiate.
Plan Your Discussion
  • Review the job description and requirements:
    • What skills will you need to develop?
    • What additional skills do you bring?
  • What is your range?
    • Do you have a lower limit, know it and stick to it!
  • Is there an option for a bonus?
    • If you prove yourself in a year, can you get a 2% bonus?

Other Things To Be Negotiated
Usually the conversation about negotiation is focused only on salary, however there are other parts of the job offer to be discussed.

  • Vacation days, personal days, sick days
  • Health insurance – if you have it through someone else or another program, you dont need to pay into to it.
  • 401k matching, how much do they match?
  • Career development support – will they pay for you to go to conference or take a class

Tips For Negotiation

  • Be reasonable, ask for what fits the job responsibilities and you.
  • Anything can be negotiated. The worst outcome is they say no.
  • Know your worth, dont settle for less than you deserve.
  • Do you have a lower salary limit, know it and stick to it!
  • Keep your salary amount to yourself. You can deal in percentages, “I asked for 5% more.”
  • Practice the conversation with a friend or family member to get comfortable. Talking about money can be uncomfortable, work past that feeling.
  • Some companies do not negotiate salary. They calculate based on degrees, years of experience and title.

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