Thursday, October 30, 2008

Salary Negotiating During the Current Economic Crisis

By Trevor Davide Grant

Well it is common knowledge that the American economy is in the middle of a financial slump, and that economic downturn is affecting trading partners in many other countries, recent studies have shown that when it comes to many employers there is still room for negotiating your salary.

It is critical to remember, and you must know your tactical approach to salary negotiating at this challenging time.

Don't be intimidated about negotiating salary if it is the right time for you. Just because many companies are slowing down or cutting back on staff, there are other companies and employers that are in need of talented human resources. Bear this in mind. There is plenty of opportunity to discuss salary with your boss, or negotiating a salary offer with new company.

By negotiating salary, you are standing up for your rights and standing up for what your believe in. By standing up for yourself you are asserting the value of your skills and setting expectations in the employer that the market will support your salary request. Make sure you've done your market research homework in order to support this.

Be wise in your approach to salary negotiation at this time. You want the employers to respect you for your approach and tact when asking for an increase or a higher salary in a job offer. It is not the time to demand or use ultimatums when negotiating. We are still in a challenging financial era.

Nonetheless, salary negotiating is still an option. Not just that, but also if you find yourself in between jobs, an unfortunate circumstance indeed, salary negotiation strategies and tactics are of absolute importance.

Salary negotiation is not to be swept under the carpet just because we're in a tough financial time. On the contrary, you should consider your best negotiation approach, and do your diligent market research. With a solid supporting case your request for a pay increase should be well received.

To your total salary negotiation success! - 15485

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