When it comes to salary negotiations, we are not always asking for enough. This is because we may not be aware of our true value, or we may be afraid to ask for more than what is currently being offered. If we want to be successful in our careers, it is important to learn how to negotiate our salaries effectively.
Here’s a three-step guide on how to get the salary you want.
When it comes to software development, research is key. Knowing the average salary for your position in your area can help you negotiate a fair wage, and help you budget for your future. Here are a few tips on how to do research ahead of time:
- Use salary calculators. Sites like Payscale and Glassdoor have salary calculators that can give you an estimate of what you should be earning based on your location, position, and experience.
- Network with people in your field. Talk to people you know who work in software development and see what they’re earning. They may be able to give you insight into what is typical in your area.
- Check job postings. When you’re looking at job postings, pay attention to the salary range that is listed. This can give you an idea of what employers are willing to pay for your skillset.
- Talk to a recruiter. Recruiters work with employers to fill positions, so they have a good idea of what salary ranges are appropriate for certain positions. They may be able to give you more specific advice based on your experience and skills.
- Do your own research. Finally, don’t forget to do your own research on the cost of living in your area. This will help you understand what salary you need to live comfortably.
By following these tips, you can be sure that you have a good understanding of what you should be paid as a software developer. This knowledge will help you during salary negotiations and ensure that you are budgeting correctly for your future.
2. Present yourself with confidence
When it comes to salary negotiations, it is important to be confident and assertive. This means being clear about what you want, and asking for it without apology. It is also important to remember that you are not obligated to accept the first offer that is made. If you feel like you are worth more, be prepared to negotiate until you reach an agreement that is fair.
However, knowing that you should ask for more and actually doing it can have varying results based on how it is executed.
At around the 4-minute mark of the video below, Erik Singer talks about how we talk can influence the perception of others. Vocal fry and up talk are two things that we sometimes do without noticing. For me — it’s up talk — so I sound like I’m uncertain a lot of the time to strangers. It turns out, I also have a tendancy to do vocal fry when I’m talking to someone I know.
When we make the unconscious conscious, it means that we’re able to modify how others perceive us. It’s one thing to say that we should go into the interview with confidence, it’s another to actually do it.
If you’re interested, it’s only a few minutes and perhaps make you mindful of how you speak to others. The same words can have a different impact based on how it is presented.
(Ignore Kim K in the thumbnail. The vid is not about her but is actually a rather good explanation of vocal fry and up talk.)
3. Be prepared to walk away from the negotiation if you don’t get the salary you want.
Something that you may not have realized is that the power of attraction can actually help to increase your salary. By increasing your general expectations, you can reject unfavorable jobs and make space to accept good ones. This is because when you have a higher expectation, you naturally become more selective with the opportunities that you choose to pursue. When you are more selective, you are more likely to find a job that meets your needs and pays you what you are worth. In addition, by making space to accept good opportunities, you are increasing the likelihood that one will come your way.
It is important to note that the law of attraction is not a magic wand that will immediately give you everything that you want. However, it is a powerful tool that can help you to attract what you want into your life. If you want to increase your salary, start by increasing your expectations. Be selective about the opportunities that you pursue and make space to accept the good ones. With time and effort, you can manifest your dream salary.
When companies lowball your value, it also sends a clear message that you don’t value yourself or your skills. This can erode your confidence and make it harder to negotiate for better compensation in the future. Additionally, accepting a lowball offer can set a precedent for future employers, who may think they can get away with paying you less than you’re worth. It’s also not worth your time and energy to work for a company that doesn’t value you. There are plenty of other companies out there who will be happy to pay you what you’re worth. So, if you’re ever feeling lowballed, it’s best to walk away.
While salary is important, it’s not the only thing that needs to be considered when negotiating a contract. Work-life balance is another important factor to consider.
If you’re considering a new job, it’s important to think about how the new job will fit into your life outside of work. Will you have enough time for your family and friends? Will you be able to pursue your hobbies? It’s important to think about these things before you sign a new contract. Don’t let salary be the only thing you negotiate. Think about your whole life and how the new job will fit into it.
At the end of it all — you need to be happy with what you’re doing during your waking hours since it makes up a good portion of your life. Life is a series of moments strung together. So make whatever job you’re accepting worth it and aligned with your personal and professional priorities.
You’re a software developer. The sector is in demand. Everywhere is going through a digital transformation or transition process — so never be afraid to always ask for more.