Everyone has the potential to negotiate the best possible working conditions prior to accepting a job offer ... from casual employees to senior executives. You need to know how to evaluate a company and the positionon offer, and how to make accurate comparisons that suit your career goals.
Importance
Find out why these subjects are important to your career, and see the proof in our statistical research.
Why
There is an art to negotiating a job offer, which if mastered, can set you up for fast-tracked career progression and the ability to receive the remuneration you deserve every time. By negotiating the appropriate package at the beginning of your employment you will start your new job with no illusions; further reducing the chance of any misconceptions relating to salary. Both you and the employer will know what is expected and you can get straight to the business of adding value to the company.
If you take the time to evaluate the offer, you will have the chance to weigh up your options and make a professional decision that best suits your personal objectives.
Statistics
Hays surveyed 1,700 organisations across 14 sectors about salary movements in the year to March 2007. Hays also surveyed salary intentions for 2006-2007.
Of those surveyed, 61% plan to increase salaries this year by between 3% and 6%. Only 8% intend to increase salaries by more than 6%, while 31% plan increases of less than 3%.
What To Do
So where do you start when you are faced with the prospect of negotiating a deal that will no doubt, greatly determine your future? Here are a few ideas:
Tips (Theory)
A job offer can tell you a great deal about a potential employer:
How serious the employer is about the offer,
How valuable you are to the company,
Whether you should make the move.
It is appropriate to respond to a job offer within two to four days. Rarely would an employer expect you to accept a position on the spot. While you're thinking it over, here's what to look for.
Evaluate an employer on three key factors:
its people,
its product, and
its reputation.
You will find more helpful tips and tools on the pages below:
Tools (Practice)
There are various aspects to negotiating a job offer. Learn in more detail how to:
Analyze the Job Offer
Negotiate Salary
Close the Deal
Caution
Negotiating and evaluating job offers are an important part of any job search process. If you are not diligent in the company you choose to work for and/or the position you select, you may very well find yourself back in the job market too quickly (not necessarily by your choosing).
You need to ask yourself some serious questions:
Does the position fit my career plan?
Does the company align with my ethics, personality, business practices and values?
Does the position/company offer room for career progression and/or further study?
Am I happy with the base salary on offer?
What benefits are included in the package?
What are the industry standards?
Can I do the job? Is it not challenging enough ? or over my head?
Information
We are continually on the lookout for useful information for the jobseekers. In order to better serve you, we now post relevant articles, news items, events and service providers that may be of interest to you.
Further Research
The following career-related articles have been carefully selected to assist you in the job search decision-making process.
Links
Check out The Hays 2007 Salary Survey recently released.
www.hays.com.au/salary/
Articles on how to close the deal:
www.agda.asn.au/jac/gettingwork/Isthi.html
www.shesaid.com.au/article/2003/05/26/993_wl.php
www.dpc.wa.gov.au/psmd/services/hrquestions/hrqest05.html
Service Providers
Here are a list of service providers to assist you with your job search and employment opportunities.
WageNet
Contact:
Website: http://www.wagenet.gov.au/WageNet/HomePage/HomePage.asp
Company Description:
The WageNet awards database contains copies of all current awards, and most superseded awards from 1 January 2000. Some older awards are also available. If you require access to an old award not on Wagenet, use this feedback form to send us the details including award code and award title. If available in our archive it will be published to WageNet, generally within 2-3 days.