Anticipated raise andamp; salary negoti...
I am scheduled to interview for a new position next week and will likely be asked about my salary requirements. I am scheduled to get a 5% raise at my current job on July 1, 2007. Is it appropriate to use the anticapated increased salary as my current salary when computing what salary range (10% to 15% increase) to ask the propspective employer for?
I think it's fine to base your anticiapted salary range on what you will be earning in July, AS LONG AS you make it clear to the employer that you factored in that upcoming increase into your salary calculations. You don't have to say HOW you factored it in, but I'd mention it. You never know when a prospective employer will ask you to confirm your current salary by bringing in a recent pay stub or W-2, and you don't want to get caught being less than honest, so BE honest about the upcoming increase and that you took it into cosideration in determining your anticipated salary range. Zat help? Paul W. Barada The Negotiation Expert
Yes, that helps. I am still not certain what range to ask for because my current salaray is public sector and the new position is at a private law firm. Should I ask for more than the standard 10-15% because I am going from public sector to private sector?
Well, first you need to figure out what sort of salary you'll have coming in with the 10% to 15% increase - based on the extra 5% you'd be receiving if you stayed where you are. If that new range is one you'd otherwise be happy to be in, I'd stick with it - it's a reasonable increase based on what you're earning now. It's also possible that you won't be asked about your anticipated salary range, but told what the salary offer is for this job. The point is for you to know what that 10% to 15% increase looks like in real dollars so you'll be in a better position to objectively evaluate any salary offers that are made. I also think it depends on how well your qualifications for the job match the requirements of the job. If you're a fabulous fit, there may be some room to negotiate a larger increase than 15%, but it's too soon to really know that. Wait and see what happens. If you'd like to come back here for further advise when you get a job offer, please feel free to do so! Paul W. Barada The Negotiation Expert | |
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