Job Offer Negotiations
So, you got the job offer but it wasn’t quite what you were hoping for. Now what?
1. Be familiar with industry salary trends
Research the going rate for the position and see if there is high competition for jobs in that field. Take into consideration the years of experience you have to offer, and how many other applicants are being considered. Salaries can also differ between geographic regions. Check out sites like Indeed.com or Glassdoor.ca to find updated salary information based on the job title, years of experience and job location.
2. Consider the entire compensation package
Proper compensation isn’t always just about the salary. Be sure to factor in things like vacation time, health benefits, RRSP plans, bonuses, and any other unique perks. All of these things add value to the job offer and businesses may be more inclined to compromise on added benefits such as extra vacation time, or financial support for ongoing education, for the right candidate.
3. Know your worth
Hopefully the offer you receive isn’t too far away from where you were hoping it would be. If you truly believe you deserve a better compensation package, be prepared to demonstrate why. Be prepared to list specific skills you have and examples of how these skills would enhance your ability to do the job.
4. Get it in writing
Once you have come to an agreement on the job offer, be sure to get it in writing. Ensure the offer includes everything you agreed on and not just the salary compensation, and make sure that it is signed by both parties.
5. If you are working with a recruiter, take advantage of their expertise
An experienced recruiter brings their years of experience and current market knowledge to the table. Use this information to help you determine whether the offer you are considering is a fair one and be sure to discuss any questions or concerns that you have.
Our recruiters here at Stevenson & White have a wealth of knowledge in this area, if you would like to connect with one of them, please contact us!
