How to Negotiate Your Salary in a Job Interview | Preparing for A Job Interview | Salary Negotiation

92,261 views

2019-06-16 ・ Rachel's English


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How to Negotiate Your Salary in a Job Interview | Preparing for A Job Interview | Salary Negotiation

92,261 views ・ 2019-06-16

Rachel's English


Please double-click on the English subtitles below to play the video.

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Negotiating your salary.
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There’s a lot at stake here, it’s not just about this job and this year:
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your pay for the rest of the time at this organization will be based on how you negotiate your salary
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as you take your first position.
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But negotiating your salary can be awkward and uncomfortable.
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Today we’re going to discuss how to talk about salary in a job interview,
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and how to negotiate your salary once an offer is made.
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This is something you’ll want to think about and plan ahead of time
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to ensure the conversation goes the way you want it to.
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I recently sat down with Cindy who has served as Executive Director at a New York City non-profit
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and she now works as a recruiter.
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She’s hired hundreds of people and can help you think through your requirements,
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and the right way to talk about them.
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So cindy, let's talk about salary.
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How do you suggest people talk about that in an interview?
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It is complicated and it's one of the things that scares people.
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So one is as with everything else that I've said, prepare for it ahead of time.
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The ways that you can prepare for it, one, there may be...You should make sure,
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you know, if there's a salary band or a hourly rate listed, because that makes it really simple.
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Some places will do that so make sure you're aware of that.
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Lots of places small, and they'll say based on experience, etcetera.
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Something that's good to know is that there are states now in new york and california, maybe some others,
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where it is no longer legal for them to ask you what you currently make, or what you made in your previous job.
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Actually, it's helpful to know.
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So be prepared with your previous salaries, if you're in a state where that's legal, and they may say,
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what was your last salary and they base, you know, they'll base what you, what they may
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give you based on what you made previously.
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Okay, let's say you live in a state where it's not legal to do that,
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yet they've asked you that?
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Maybe the person interviewing you doesn't know, or maybe they don't care,
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what, how do you think that should be handled by the person who's being interviewed?
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I mean, I would say you can handle it two ways.
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Um, you could...Here, would be my suggestion, would be to say: in my last role, I made about X
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and I anticipate or expect or want to make x in this role.
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And that way you're answering both sides of the question.
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It's super complicated if that happens.
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Um and with all of the things that are not legal to be asked about in an interview.
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Cindy has given you a good,
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general way to talk about your salary if you’re asked directly what you currently make,
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and how to, in the same sentence, mention a ballpark for what you want to make in your new position.
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Ballpark.
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I go over what this idiom means at the end of the video.
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She also mentions a salary band or grade.
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In some organizations, positions are assigned a salary band
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which simply means the pay for that position must fall within a set range.
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If you know the top of the range is too little for you to accept the job,
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you should drop out of the process as soon as you know that since they won't be able to offer you more.
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If you are asked: Then what are your salary expectations?
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Which is often the question that's asked,
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so the research you should do ahead of time is what are the salaries or comparable salaries at organizations?
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You can go on to Glassdoor, um, you can go on, you know, do a search of
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just 'what are the salaries of this place' and it'll pull up wherever that salary information might be,
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and so if you can't find it for the company you're applying for, look for others.
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If you're applying in the nonprofit space, you can go on to Guidestar.
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That shows at least top salaries at an organization,
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that is not always helpful, but it can at least help you have a gauge.
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So do as much research as you can about what the role is and what
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standard salaries are in a place of which you are applying so that you know where that basis is.
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Cindy mentions two websites, Glassdoor and Guidestar.
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Glassdoor is a website where you can enter a company or organization and see all sorts of information about it.
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You can read reviews from people who work there or have worked there, on their experience as an employee,
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but you can also see the salaries for various positions.
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You can also do a search on the job title for the job for which you’re applying,
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and see all salaries at different companies in the same city or region that you’ll be working in.
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This can give you a great idea of what to ask for.
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And then figure out, you know,
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if you're flexible, then say that, and say "You know, I'm looking for a salary of $60,000 a year but I'm flexible, like
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I'm willing to go down to 50,000, but I really like to be closer to 60. If you're not flexible,
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if you have a bottom line, then say what that is.
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If truly, you're like, I cannot make less than 75 thousand, like, I just can't, then then communicate that.
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Because it doesn't.... It'll-- you don't want to waste your time or their time.
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If you really are flexible and you can say "Look, I'm really flexible I'm excited about this role,
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like the salary isn't the thing that's most important to me, could you share with me what the range is?
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And they'll, you know, I, we are very flexible, I've always been very flexible with range, and say the range is x,
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is that comfortable for you?
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And they'll say yes or no. Right?
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So you know, I think you need to know going in where your requirements are and are they flexible?
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Not only do you need to research current salaries at the organization
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and the same position at other local organizations, but you also need to ask yourself what your range is.
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Know how low you’d be willing to go, and what your preferred salary is.
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You can use phrases like these:
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“I’d like to see myself making between $50,000 and $60,000.”
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“I’d like to be at or close to $75,000.”
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“I can’t take this position for less than $70,000.”
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In an interview, how much should you be justifying what your salary requirements are?
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So let's say they give you a range and you feel like you really need to be at the top of that range to take the job.
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When you say that, should you, or is it a turn-off to say: and I think that my skills and XYZ justify that?
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Or just leave leave all of that alone, just do numbers?
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You just, well, actually at the at the point of your interview process,
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if they say the range is 50 to 60 and you think you need to be at the top of that range,
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I wouldn't mention that at that point.
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You wait till you have an offer to do negotiating.
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You don't negotiate on salary until then, in my opinion.
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Great advice.
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Yeah, so you, so that put, as long as it's within range, then you say "Great! That's comfortable for me."
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I mean me, I mean, it's possible they may ask you more, like, you know, it depends on the situation, as a recruiter,
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I can have a much more frank conversation with somebody, right,
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to figure out really what the situation is around salary,
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and and people feel more comfortable talking to a recruiter about that.
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But you know, I would say you don't, you don't want to start negotiating until there's--
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until you have something to negotiate about.
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>> Right, until there's been an offer. >> Which is an offer.
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So basically, be prepared, do your research to know what to expect, and then
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also be prepared to say what you want, and not,
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you know, shy away from being direct about that, if it is indeed what you need to have.
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Yes. Yes.
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And if you've done your research, and if you really don't know,
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I do think it's okay to say: "You know, I really don't know what the salary range would be for a role like this.
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Would love to have some understanding of that before I say what I need."
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That's also okay.
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Like, especially if you're moving into a new field, like, and you can say, you know, I was making around this,
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you know, before, but it was a very different field, and so I expect that the salary ranges are different here,
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and I haven't been able to find very good information, would love if you could help me figure that out.
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Like, so I think, there are a lot of different answers,
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but you just want to know it ahead-- you want to prepare ahead of time.
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>>Yeah. >>What those answers are.
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>> Always be prepared. >> Yeah.
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So let’s say you do get an offer.
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Now what?
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You’re no longer in the interview process, you’re in the negotiation process.
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First of all, as Steve mentioned in an early video in this course,
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if you’re waiting for another offer from another company,
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or you already have one and you’re deciding between two, go ahead and let the companies know.
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You could say something like, I also have an offer from another company,
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could I have a few days to consider my options?
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You may find that a company is willing to match a higher offer from another company if they really want you.
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But also, never lie about having another offer from another company.
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Your job offer will likely come in as a phone call.
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It’s very normal to ask for a couple of days to think about it.
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The person who’s offering you the position will probably want you to let them know the specific day
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that you’ll give them your answer.
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It is okay to respond with an email rather than a phone call, and it is also definitely okay to negotiate your salary.
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In fact, the person offering you the job is probably expecting it.
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I talked to several people who do hiring for their companies and they said in some cases,
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they do make a last/best offer right from the beginning.
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That is, when they give you the offer, they say something like, this is the most we could offer you for this position,
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or, this is our last and best offer.
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In that case, there is no negotiating.
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You can decide if you'll take it or not.
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But if they don’t say that, it’s fair to ask for more.
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You could say something like, I’d be so happy to take this position, but I would like to be making ___.
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Name your number.
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If they can offer you that, or something close to it, then great.
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If what you’ve asked for is beyond the budget, then they'll let you know.
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It doesn’t mean you can’t take the job.
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When you counter, when you ask for more money, how much is it appropriate to ask for?
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There’s no one perfect answer here, but from the people I’ve talked to,
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it sounds like something around 8 percent or so would be reasonable.
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If you’re offered 60,000, it would be okay to ask for 65,000.
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You could push that up a little bit more if it’s very important for you to make more,
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but you wouldn’t want to counter with something like 80,000 if you were offered 60,000.
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Do your research,
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know what expectations are, and know your bottom line.
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All this will help negotiating a salary go smoothly.
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Good luck in your new position.
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And this concludes the course on getting a job in the US.
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I’ve had so much fun learning with you along the way.
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What jobs are you applying for, or, what job were you offered?
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Let me know in the comments below.
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I wish you all the successes in the world.
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For my non-native students, we’re going to get to your English lesson in just a minute.
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If you haven’t already, be sure to click the subscribe button and the bell for notifications.
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I make new videos on the English language and American culture every Tuesday
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and have over 600 videos on my channel to date
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focusing on listening comprehension and accent reduction.
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While you’re waiting for next week’s video, a great next step would be to check out this “get started playlist.”
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Now for my students who are non-native speakers of English, I want to go over how I used the word ‘ballpark’.
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A ballpark is a baseball field, but we use it idiomatically.
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The way I used it, it means approximation.
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When talking about salary range, I said “mention a ballpark for what you want to make in your new position.”
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A ballpark estimate or figure is, again, an approximate.
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And when I use that, it implies that I haven’t spent a lot of time thinking about the details
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before I come up with the number.
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It’s just a ballpark figure.
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It’s just a general approximation.
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For example, recently, we asked our friend who is a contractor how much it would cost to repair our shower,
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which was leaking.
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We described the situation and he gave a ballpark estimate over the phone.
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If he came to our house, explored the issue, and looked up how much the materials would cost,
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he would be able to give us a more accurate estimate.
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Let’s say you’re negotiating selling your car.
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Someone wants to buy it, and he’s saying what he’s willing to pay for it.
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$5000.
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He might say, "Am I in the right ballpark?" or, "Are we in the same ballpark?"
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If you're thinking of selling for $6000, then an initial offer of $5000 might feel like it’s in the right ballpark.
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But if you wanted to sell for $9000, then $5000 probably feels like it’s not even in the ballpark.
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We also use ‘ballpark’ in the phrase ‘to hit it out of the ballpark’
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to congratulate someone on doing something spectacularly well.
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Maybe a colleague at work made an amazing presentation to a client.
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You could say: "You hit it out of the ballpark!"
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Or maybe David gave me the best birthday present I could ever imagine.
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I could say, "He hit it out of the ballpark."
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Another ‘ball’ term you might hear in negotiations is ‘low ball’.
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This is when someone offers you something that you feel is well below the value.
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For example, if I want to sell that car for $9000, and someone offers me $5000, you might say,
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"That’s a low ball offer."
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Or you could also use it as a verb and say, "He’s low balling me."
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Have you ever heard one of these terms before?
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Describe the situation in the comments so other students can learn from you.
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That’s it, and thanks so much for using Rachel’s English.
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