It’s always really exciting to get a job offer — so much so, in fact, that the prospect of countering the offer or trying to negotiate a higher salary is one of the most terrifying things possible. They’re offering you a job that’s going to pay you money! You’d be stupid to do anything to make them think you’re ungrateful, or possibly ruin your chances and have the offer retracted, right?
Wrong. Or at least that’s what our money expert Erin Lowry, AKA Broke Millennial, says.
In our latest 3-Minute Guide, Erin covered the big, scary, exciting-as-hell topic of asking for more money. If you’ve accepted a job offer without negotiating your salary, chances are you’ve undervalued yourself. Although it may seem scary to ask for more, and although you do leave yourself subject to rejection (which, we know, is enough to make even the thought of negotiating somehow disappear from your mind), if you go into a salary negotiation with a little bit of confidence and a lot of research and data supporting the figure you’re asking for, you’re almost guaranteed to get closer to what you want. And at very least, you’re about 100% guaranteed to not get what you want if you don’t even ask. The asking is key.
But how do you do this? Where do you find the confidence without ever having asked for a higher salary before? What can you do to prepare for the negotiation conversation itself? How do you find out what salary you should be earning, without awkwardly asking your coworkers what their paychecks look like? How do you increase your value in your employer’s eyes if you feel like you haven’t earned the higher salary you want yet, or you fear your proposition might get rejected?
Find out the answers to all of these questions and more in this week’s 3-Minute Guide, brought to you by Skillshare.
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