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How to Negotiate Your Salary

FinanceHub
Feb 26, 2024
8 min read

Salary negotiation is one of the highest-ROI skills you can develop. A 10% increase compounds throughout your career.

Research Market Rates

Use Glassdoor, Levels.fyi, and PayScale to understand your market value. Consider location, experience, and industry. Know your worth before negotiating.

Negotiation Tips:

  • • Get the offer in writing first
  • • Don't accept immediately
  • • Provide specific market data
  • • Emphasize your value and achievements
  • • Be prepared to walk away
  • • Negotiate beyond salary (benefits, flexibility)

Timing Matters

Negotiate at job offers, promotions, or annual reviews. During strong performance periods. After completing major projects. When you have competing offers.

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