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The most important salary negotiation tip:
DON'T TELL THEM HOW MUCH YOU ARE CURRENTLY BEING PAID OR GIVE THEM A RANGE. Recruiters always ask this up front and INSIST that they must know. I have NEVER been denied the opportunity to interview for refusing to give a number upfront. If you're applying at a company, it means you've done at least a little research on what they should be expected to pay and you see somewhere around that range as acceptable. You don't have to tell them that you've researched their rates and find them acceptable, because that too would be like giving them a range, instead the research is simply to avoid wasting your time. You wouldn't want to interview for a job that pays the position with compensation worth at most $60k when you're already making at least $100k. This way, you have an advantage: you know roughly how much they pay but they have almost no idea how much (i.e. how little) you will accept as compensation. Best case scenario, they offer you MORE than what your research said they would, and you negotiate a little more on top of it and accept, assuming you actually like the job. Even if they say no to your counter offer, you're still ahead. Worst case scenario, they offer you less, they say no to your counter offers, and you have to decline. Either your research was wrong or they were lowballing you, either way you've got multiple other interviews in process (right?) so move on. If you find your research is repeatedly off the mark, find better sources. No matter what, don't give them a number. Make them give you a number first and negotiate from there. |
The rationale is:
A) If how much money you want from us isn't even an option, we don't waste your time. We can be very up-front about that before a lengthy interview process proceeds.
B) We can judge your follow-up interview (generally a full-day paid tryout) against how much you expect to be paid. Which on the negative side lets us weed out expensive mediocrity, or on the positive side, give opportunities to people who aren't quite there yet but wouldn't cost much to take a chance on and try to train up.
A few people definitely look at it with suspicion, but in general I think it's worked out better for everyone.
Also, as an aside, I would take issue with what you said about researching what a company pays. For so many companies (mostly small ones), all you can do is ask around and find a current or former employee who is willing to tell you. And that is so often, for most applicants, not an opportunity you get. I think you're making that research sound much easier than it actually is.