Money talks

Salary negotiations can be difficult for many people, especially when the sector in which they operate is unclear.

As a result, inspired by an entry on the LinkedIn blog, we've decided to highlight two very strategic tips that will allow you to reach a fair salary negotiation.

What should you do when it comes to salary negotiations?

1. Find out how your position is trading in the industry

You can inquire with colleagues, conduct internet research, or conduct an interview with headhunters about it.

You can also use Salary, an excellent tool provided by LinkedIn. Salary "allows you to learn about salaries based on position, location, company size, and other factors." Drilling down reveals estimated salaries based on thousands of responses from working professionals.

Furthermore, many employers actively share salary information. For example, LinkedIn job postings with salary information are up 44% year on year.



The important thing here is that you get all of the information that will allow you to know which salary bands to move between in order to get fair compensation for your position, experience, and level of studies.

2. Prove your worth

Have faith in yourself and your abilities. Tell your interviewers how you intend to add value to the company and how well prepared you are to do so. It is critical that you share examples from previous jobs that demonstrate your problem-solving, critical thinking, and negotiation abilities. Discuss your biggest successes, why they were so successful, and how you dealt with failures.

Remember that staying active and studying is one way to maintain your market value; great leaders are always learning.

Researching the company and the role, emphasizing your strengths, and negotiating strategically will significantly increase your chances of earning a competitive salary.