Why Salary Negotiation Is So Important
Jobs Careers:
When accepting a new job, salary negotiation is so important. You may have to consider many additional costs that may not be readily apparent to you, which the new job may demand and which are not there in your present job. The costs may or may not be quantifiable but it is important to be aware of them when thinking of salary negotiation. This article explains these issues in more detail.
The salary that you want to earn in the new job should not be a fixed figure but rather be in a range. This is because during salary negotiation of the new job the total cost involved may not be clear in the beginning. The expected figure should be disclosed to the prospective employer after fully understanding all the implications of the new job and may require to be calculated. One of the undisclosed expenses may be health insurance. The insurance policy of the new employer may require you to pay a higher amount from your pocket for each pay period whether it is weekly or bi weekly or monthly. Even if it is a small amount per pay period, an annual calculation may make it substantial.
If for instance the dress code of the new job requires you to wear a formal dress while you may be allowed to wear a casual dress in your present job, upgrading the wardrobe may cost you a tidy sum. Commuting to the workplace is another expense that you have to consider while negotiating a new job. If the place of work is at considerable distance away from your home, it may involve additional expense towards fuel and car maintenance or public transport.
Paid overtime hours is an important issue you have to consider. If your present job pays for your overtime hours and the new job requires you to be on call 24 hours, then you may be actually getting less if you divide the extra hours put in from your annual salary. Even if it is a few hour a week, it will become considerable amount when calculated for an entire year.
There are many other issues, which are sometimes called perks to consider like reimbursement of tuition expenses, flexible working hours, 401(k) contribution, on-site daycare and health clubs, company paid training, mobile phone and/or laptop computer provided by the company, paid professional membership to associations and institutes, vacation and personal holidays, car parking expenses, tax deductible expenses, and the possibility of working from home. Many of these factors are intangible benefits one might not be able calculate them in dollar terms but depending on your situation they may be very important to you like for example the option of working from home for a mother having small kids to look after at home.
When you make a comparison of the above items with your present job, this would give you an idea of the additional expenses that you have to bear in the new job, giving you a more accurate actual take home figure and putting you in a better, more knowledgeable position while negotiating the salary for your new job.
Steven French is a recruitment consultant to www.UteachRecruitment.com - the specialist UK teaching jobs recruitment agency. Visit Uteach Recruitment to find your perfect UK teaching job today.
Hot Topics In Jobs Careers
Garland Texas Jobs Give You a Chance to Succeed in a New Area
Have you been at the same job for a long time? When you spend every day going back to the same place, doing the same thing, it can get rather tiresome. After a certain amount of time, you may decide t...Get Your Next IT Job by Selling Yourself the UNSelfish Way
When we hear that if we're seeking a job or a promotion we must "sell ourselves," we inwardly rebel. That's selfish, we think. And we don't want to be selfish.I say, the opposite is true.
"Selli...
Looking for a Job Online
Looking for a job online? Well, you are not alone. In fact, you are among the new breed of millions of job seekers who are hunting for their next job online. If someone were to argue that online job s...Dealing with a Layoff in Your Job History
If you look at the history of employees, you'll see that they change companies every few years or so. They simply don't work at the same company for years and years anymore. Many times, they are often...6 Steps to a Successful Job Fair
Whether you are graduating from college, returning to the work force, or contemplating a career change, career fairs have lots to offer a job seeker. Following a few basic guidelines can help you make...
Tips On How To Write A Good Resume
Today's job market is competitive and cutthroat. In order to even get in for an interview you've got to stand out and shine. The best way to get your foot in the door is with an outstanding resume....
Top Tips to Land Your Ideal Job
1. Make your resume interesting - it should not be just your job description, it should talk about what you accomplished in the job that you held.2. When describing your responsibilities, be brief....
Job Tips For The Frustrated Job Seeker
There is nothing more frustrating and depressing when you are out of work and trying to find a job and your job search is going no where. Don't feel bad, you are not alone and there is a good reason w...Do You Really Know What Your Job Is Worth?
No matter what position you are in, chances are other people in the same position are not making the same salary you are making. Why? Because upper management can get away with it! Are you going to co...Job Salary - Avoid the 6 Biggest Mistakes!
You're on track to land your dream job. But can you afford it?Knowing how to handle the money question plagues job seekers. Especially if you're exploring an opportunity that looks very promising. ...
Tips On The Offshore Oil Rig Jobs
As you probably know by now, the offshore oil rig jobs imply physical work. Almost all the rig companies on the market try to offer their employees an enjoyable time onboard. Especially as there are a...
Most Recent Jobs Careers Supplements
- Why Benefits Matter
- Why Didn't I Get The Job?
- "Truthiness" In Job Search . . . Why You Can Do A Lot Better!
- Are You Jobless in Pennsylvania? Not Any Longer!
- Are CertificationsLicenses Important?
- How To Safely Bulk Up A Thin Resume
- Work At Home Typing Jobs - How To Snag One
- The "Non-Resume" Plan . . . How To Be A Job Search Winner!
- What Makes A Good Construction Career?
- How To Make A Cover Letter For Your Job Application
- 3 Ways Of Escaping TUPE 2006 Service Provision Change Transfers
- Job Opportunities In The Food Service Industry
- New Job Envy - Do You Have It?
- A Rewarding Career In Video Game Design Awaits You
- Write Your Perfect Resume
- Is Relocating For You?
- Got an Idea about Where to Look for Paid Survey Jobs
- Transcription vs. Data Entry, Which Pays Best?
- What Exactly Is Freelancing, Anyway?
- Tips On How To Write A Good Resume
Newly Popular Careers Articles
How Do You Get Your First Medical Transcription Job?
One of the biggest challenges for a newly trained medical transcriptionist is finding that first job. It's the classic dilemma of needing experience to land a job when no one will hire you to give you...What You Can Expect From A Plumbing Course
Courses in plumbing are not just about the plumbing theory and its general applications. There are many aspects of plumbing and a number of specializations possible. Some of these courses are designed...How to Find a Job in the Aviation Industry
Aircraft construction forms a vital proportion of the aerospace industry. As such, employers in the aviation industry always have vacancies for candidates who have the necessary technical skills such ...How To Choose A Registered Nursing School
The nursing profession has broadened like never before, because nursing gives the students a number of varied opportunities for a career that can help them change from one realm of the nursing field t...Job Campaigning? How To Overcome The Wimp Factor!
When you're job campaigning the old-fashioned way it's not hard to wimp out!For example, one of the biggest mistakes we can make when we're job campaigning is to think someone owes us a job. After ...
What Is A Real Estate VA? And What Do They Do?
The real estate VA is a vocation that has been produced by the large and powerful real estate industry. This vocation is growing into quite a powerful industry of its own and is becoming more familiar...How To Write A Truly Effective Technical Resume
List your technical knowledge first, in an organized way. Your technical strengths must stand out clearly at the beginning of your resume. Ultimately, your resume is going to be read by a thoughtful h...What to Look For in a Fitness Trainer Education
The growing interest in fitness and health makes it a great time to take the step and become a personal fitness trainer.There are gyms and workout centers for men and women (and both together) spri...
How You Can Get Into Real Estate Today
The area of real estate investing has seen a great boom in the last few years. In fact, it has become a very popular opportunity for many people to earn extra money or make a living. One of the main r...Tips On How To Write A Good Resume
Today's job market is competitive and cutthroat. In order to even get in for an interview you've got to stand out and shine. The best way to get your foot in the door is with an outstanding resume....
