“Professional Salary Negotiation with a Job Candidate
Kathy Fyock writes in The Truth About Hiring the Best: Always remember that even when you have two or three final candidates to choose from, you still cannot be certain you will hire your preferred one—because they also have the right to choose.
🔹 In fact, until your financial offer is accepted and a contract is signed, you must assume you are still competing with other companies for that candidate. To win this competition, you need to present an attractive compensation package.
🔹 To do this effectively, always keep the following principles in mind:
◽️ 1. Identify the candidate’s current salary and expected salary early
By knowing these two numbers, you can determine the appropriate range for your offer. If you skip this step, you lose your negotiation leverage.
◽️ 2. Consider the candidate’s working conditions when evaluating their current compensation
For example, the candidate may currently have a long commute, while your company is much closer. These seemingly small factors can be powerful negotiation tools.
◽️ 3. Present the entire compensation package—not just the base salary
Compare your full offer (base salary, benefits, commissions, bonuses, etc.) with the candidate’s current package to show the true value of your proposal.
◽️ 4. Highlight non‑financial advantages
Explain intangible benefits such as a modern workspace, strong organizational culture, learning opportunities, career growth, and supplemental insurance before discussing salary numbers.
◽️ 5. Ask under what conditions the candidate would accept a lower salary
Many professional candidates are willing to accept slightly lower pay in exchange for perks like flexible hours, additional leave, or other lifestyle benefits.
◽️ 6. Re‑emphasize the strengths of the role before negotiating
Remind the candidate how this position enhances their résumé and future career prospects.
◽️ 7. Encourage the candidate to consult with friends, family, or colleagues
Rushing to close the deal signals desperation and may lead the candidate to believe they can demand a higher salary. Giving them space builds trust and strengthens your position.
This post is also available in: Persian






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