You wanted this job so bad, and finally the offer arrived. The adrenaline is flowing freely, and you feel like sharing the good news with the entire world — certainly with those who contributed to your win. But is this job a really good deal? Could you have gotten a better deal if you only knew how?
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The majority of people simply melt once they get a coveted job offer. They’re so grateful and they feel so saved that they think that Related: 10 Interview Tips for Tech Companies
Compensation negotiation is a six-step process. First, identify what’s important for you — for example, size of company, reputation, challenge, work-life balance and your future manager. Second, carefully examine the offer Fourth, you must perform your due diligence Fifth, negotiate your best deal. Most companies expect you to do that. Show an unusual level of excitement about the opportunity, but register disappointment with the compensation. As a career coach, I train clients Related: 5 Essential Steps to a Great Job
The sixth and final step is to make the decision. Consult with your spouse, advisers and career coach. If you’re a high-level executive, you may want to consult with a lawyer and a financial adviser as well.
A job offer should be executed in writing and with the parties signing it. At some small companies, the process is much simpler and if there’s no written document to sign, it still behooves you to summarize your understanding of the compensation and document it via e-mail.
Alex Freund
Alex Freund, known as the “landing expert,” supports job seekers into employment. He is known for making people feel comfortable when interviewing.
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