Video instructions and help with filling out and completing Where Form 8815 Wages

Instructions and Help about Where Form 8815 Wages

Hey it's Linda Rainer of Linda Raynor comm career strategist speaker and coach and in this video I'm going to teach you six tips that will help you to negotiate a higher salary for yourself whether you've just been given a new job offer or you're wanting to ask for a raise if you know that you deserve more than what you're currently getting you definitely want to keep the following tips I have for you in mind all right so let's dive into tip number one and that is to talk about your value personally I think this is the most important tip and that's why I put it as the first one to discuss so in order to justify a bump in salary for yourself you need to know what your value is and how you're going to articulate that to your boss or manager so that means bringing up any and all evidence that proves why you're worth what you're worth so you'll bring up instances where you've helped the company to increase profitability for example or reduce costs or you've saved time in certain areas and that you've been recognized as a strong performer you want to have a list of these types of items ahead of time in your mind so that when you're in the meeting you can clearly explain them one by one you want to be assertive and tactful when you explain yourself but at the same time calm yet confident because when you can do it in a relaxed yet confident way they have no choice but to really listen to what you're saying and that is only going to help you in getting closer to getting that bump in salary on to tip number two do market research now this is pretty much a given for most people but while you're coming up with your value you also need to know what the market is paying for someone with your credentials and your level of experience so that means going out talking to headhunters talking to recruiters they tend to have the most up-to-date market information as well as perhaps talking to people who you know who have similar job titles and level of experiences you do also you can rely on Google to find out a range although I would be wary with Google because salaries do really differ depending on the region and the area that you're looking at so whatever information you find through the internet you want to make sure that it is true to your specific region your specific local area other than that the most important thing to keep in mind about doing market research is to definitely use more than one resource to determine your expected salary if you only rely on one person's information and say that that's the number that you want it may turn around and hurt you because it may not actually be in line with what the market is paying so you want to essentially look at multiple sources and determine an average number for yourself that you can reasonably expect tip number three give a number not a range so when an employer asks what are your salary expectations most candidates tend to tense up and are afraid of offending the employer by giving just one firm number so instead they give a range this is the biggest mistake that I think candidates make for two reasons the first reason is that it allows the employer to give you lower than what you really wanted so if you give a range and the higher number was actually what you truly wanted they're gonna probably go for the lower number anyway because you said that you were open to that despite what you really wanted so why would you give a range in that case you just want to give one number second reason why it's a big mistake is that from a hiring managers perspective it makes you look a bit wishy-washy it makes you look as though you don't really know what it is that you want in terms of salaries so you're wanting them to make the decision for you this is not the way to do it you want to give one number now you want to make sure that this number is obviously fair it's deserving and at the same time it lines up with what the market is paying so there are two numbers that you actually want to keep in mind when it comes to this there's your what I call your ideal number and then there's your willing to settle number so your ideal number is the number that if you got this salary you would be ecstatic you would be so happy because deep down you know that that's actually more than what you think you know based on someone with your experience and value is truly worth at least for now so the ideal number is generally just slightly higher than what you would normally expect for someone at your level now the willing to settle number is the number that you know is truly justified is what you're truly work and what you deserve that you shouldn't be getting any less than that but that's the number that you're worth so when you're being asked what are your salary expectations you actually want to give your ideal number and the ideal number is not way over the mark of you're willing to settle number it's maybe about 5k more so you want to give that number for the reason that the employer likely will look at it and say because they'll do their own research they'll look at it and they'll say okay this person wants this much they feel they're worth this much but we feel that the role is worth this much and they won't really go too far off from your ideal number