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Researching & Negotiating SalaryOne of the most seemingly complex and frightening aspects of securing employment is the possibility of negotiating your salary. Presumably, everyone wants a fair and just salary for the work they perform. Yet, many people do not understand the proper way to negotiate a salary. There are three basic principles in negotiating salaries 1) research, 2) preparation, and 3) negotiation. ResearchResearching salaries is a critical component of negotiating a salary. In order to get the best possible salary, you must first do your homework. Assess your financial needs and limitations and research the salaries for local employers. The Career Services Office chas a number of resources to help you understand the salaries in your market:
In addition to CSO print resources, check out the following online resources:
PreparationNow that you have your needs and the job market researched, what additional preparation must you do? Compile the "I'm worth every penny you pay me" list! This list is comprised of
You should also spend some time practicing. What will you say? How do you say it? How to NegotiateOnce you have completed your research and have an offer on the table, you'll need to start negotiating. The following are basic tips in negotiating effectively:
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August 29, 2008
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