Negotiating salary and can be a nerve-racking conversation but the sooner you conquer the skill, the better. Keep in mind that the goal of a negotiation is to reach a solution that benefits both parties. Whether it’s your happiness or financial security, you have the right to advocate for what you deserve.
While salary is one of the most common negotiations you’ll encounter, only 39% of people will ask for a higher salary. This could be due to a lack of confidence or a wish to avoid hearing “no.” If you believe you are being underpaid and undervalued, do some research on similar positions and the value you bring to the company.
In addition to salary, there are many other benefits on the table. From work from home flexibility to having a more accurate job title, these conversations could have a huge impact on your well being. There are many financial benefits to negotiating as well. Why pay the asking price on monthly rent if the market value and comparable houses are much lower? This infographic from Self Lender highlights 11 things you can negotiate to bring more savings and value to your life.