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Negotiate Salary
Negotiate Salary
Did you receive a new job offer, but were hoping for a better salary? Or have you been working at your job and think it's time to request a raise?
Did you receive a new job offer, but were hoping for a better salary? Or have you been working at your job and think it's time to request a raise?
It never hurts to ask for better compensation, whether it’s for a new job offer or for a role that you’ve already been working in for some time. Most employers won’t be the first to offer raises or higher base salaries, even if they’re open to the idea of increasing your compensation.
Why should you ask for a higher salary?
Why should you ask for a higher salary?
Aside from the obvious benefit that you’ll earn more money with each paycheck, we recommend negotiating your salary because:
Base salary offers are almost never set in stone. While they may not agree to increasing your offer by tens of thousands of dollars, they’re likely to agree to a few thousand dollars more if that’s what it takes for you to sign.
Inflation. The cost of everyday goods is always rising. It’s never a bad idea to ask your employer to re-evaluate your terms based on this increase.
In the past year alone, the Consumer Price Index (a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods) increased by ~6.8%. Since the CPI is a basic measure for the cost-of-living, ****this means that your salary is worth 4.2% less than it used to be.
Your qualifications. Whether your skills have improved at your current job, or you think you may be overqualified for the new job you’re considering, you should get paid more for the extra talent you’re contributing. It’s only fair that you get credit for your merit.
How can you solve the problem on your own?
How can you solve the problem on your own?
When it comes to salary negotiations, you should have a direct conversation with your employer. But before you do that it's important to prepare your reasons and clearly articulate why you believe you should get a raise or better salary. Some of the best tactics to use in a salary negotiation letter or conversation are:
Referencing other job offers
Citing the average salary for your industry in role
Mentioning any moving expenses related to the new job
Discussing the increase in the consumer price index and inflation
Articulating your skills and qualifications
How Can DoNotPay Help?
How Can DoNotPay Help?
If you still aren’t sure how to write a negotiation letter or start up the conversation with your employer, DoNotPay can help. We’ll generate a comprehensive salary negotiation document on your behalf, so you can request a raise from your employer with full confidence.
All you have to do is:
All you have to do is:
1. Search “negotiate my salary” on DoNotPay.
1. Search “negotiate my salary” on DoNotPay.
2. Enter the name of your company and the industry you work in, so we can find the right wage statistics for your role.
2. Enter the name of your company and the industry you work in, so we can find the right wage statistics for your role.
3. Answer a series of questions regarding your qualifications and achievements, relocation expenses, and other job offers if applicable.
3. Answer a series of questions regarding your qualifications and achievements, relocation expenses, and other job offers if applicable.
4. Enter the new base salary you would like to request.
4. Enter the new base salary you would like to request.
And that’s it! Once the information is finalized, DoNotPay will generate an official salary negotiation letter that you can then email or present to your employer!
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