The Do's And Don'ts Of Payment Negotiation, With Robert Jain

By Jason McDonald


One of the most important aspects of work, as the likes of Robert Jain will attest, is what you make. You might think that you have a comfortable life given your salary, but there is always room for improvement. If you believe that you work well, there's nothing wrong with negotiating your pay so that, hopefully, you can end up making more. For a better understanding of how this can be done, start with the following do's and don'ts. Your chances of earning a better pay will be greater.

One of the do's of negotiating your pay - and names such as Bob Jain will agree - is by being open to discussion. Instead of simply saying that you want to make a certain amount each year, create a dialog with your boss. Discuss opportunities for growth that, in theory, will allow you to make more money based on responsibilities that can be taken up. This is just one of the many ways to negotiate what you make the right way.

Another way to negotiate your pay is by stating your case. After all, you don't want to go into a meeting like this without having some facts to back up your claims. Talk about the contributions you've made in the past year. Discuss how your work improved over the course of time. By bringing up specifics, you have a better chance of negotiating your pay, potentially with the hopes of earning more than what you made in the past.

Now let's discuss some of the things that shouldn't be done when it comes to negotiating one's payment. For instance, you should be mindful about negotiating too early into your tenure. After all, you might not have proven yourself up until that point. If you want to be paid more, it's important to show why you deserve it. This should be done steadily over the course of time, which speaks to the importance of timeliness in this regard.

You shouldn't be rigid when it comes to the negotiation process, either. No matter how hard you have worked or how many results you produced, the truth is that your expectations may not be possible. This is where compromises come into the picture. Work with your employer to see if there is a middle ground that can benefit everyone. You won't be able to reach such middle ground, however, unless you're willing to work with your employer.




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