Job Offer Negotiate Letter tips

You have finally received your job offer letter after acing the HR interview round and while going through it find a term or two that does not sit well with you.

You've received a job offer for the job of your dreams but it's lower than you expected, what do you do now? You've invested a lot of time and energy to reach this point but it isn't over yet.

So, how do you bring it up with your recruiter and negotiate the terms in your employment offer letter? If you have found yourself facing a similar roadblock, this blog is the one for you!

Here are a few things to keep in mind before you begin salary negotiation.

Do your research

Make sure you thoroughly evaluate the job's salary range, taking into consideration geographic, economic, industry, and company-specific factors that might affect the salary.

But don't stop there try to obtain information on the employer's standard benefits package and policies around paid time off, flexible or remote work, or other elements of the job that are important to you. Keep in mind; you can negotiate more than just salary more on that soon.

Consider the factors up for negotiation

First things first, you must know the factors within the job offer letter that can be up for negotiation.

This information is extremely crucial for a candidate as it not only shows that you are well informed but also knows to what extent the factors in your employment offer letter can be negotiated.

Here’s a list of things that you can bring up with your recruiter to negotiate;

ü Salary

ü Joining date

ü Upskilling cost

ü Remote work options

ü Job designation

ü Number of workdays

ü Relocation cost

ü Work timing

Next, you need to prioritize which of these factors are important and definitely need to be negotiated.

You need to have a job offer before you can negotiate

Avoid trying to negotiate during the interview. You'll have more power to negotiate when the employer is completely sold on you as the best candidate for the position.
If you must provide a salary, ask what range the employer has budgeted first. If the employer continues to push you for a salary, the best strategy is to provide a range.

When in a job interview, ask questions that seemed to have left you confused during your research. You will be spending a great deal of your daytime at work and you would want to ensure that you are 100% onboard.

To be on the safer side you can start by negotiating the salary aspect of the job offer letter. However, do not push too hard and meet the recruiter halfway.

But in case they are not willing to negotiate, then you can attempt to negotiate other terms on the employment offer letter such as availability of work from home options and so on.

What to do when the offer is extended?

When the offer is extended, respond by thanking the interviewer and be sure to express your interest in the job. Then ask how long you have to consider the offer and who to contact when you've made a decision. This is a major life decision which requires careful consideration.

There is a right time to negotiate factors and anything rushed could lead to your elimination as a prospective candidate.

Your employment offer letter will have a detailed breakdown of the salary and other terms and it will help you to understand the offer letter better.

Once you receive your job offer letter, ask your recruiter how long you have before you need to respond. Usually, recruiters provide 2-3 days’ time for the candidate to respond, so take the time in your stride and evaluate the terms in your employment offer letter thoroughly before you start negotiating on any aspect.

Once done, ask the recruiter for their time and discuss the concerning factors in your job offer letter.

Negotiable Elements of a Job Offer

Non-salary Compensation:
signing bonus, performance bonus, profit-sharing, deferred compensation, severance package, stock options

Relocation Expenses:
temporary living allowance, closing costs, house-hunting, travel expenses, re-employment expenses for spouse or partner

Benefits:
paid time off (number of days or eligibility), insurance (medical, dental, vision, life, disability), automobile (or other transportation) allowance, parking, professional training/conference attendance, continuing education (tuition reimbursement), professional memberships

Job-Specific:
telecommuting, work hours and flexibility, frequency of performance reviews, job title/role/duties, location/office, starting date, performance standards/goals

Receiving the job offer letter does seal your place as the desired candidate for a job post, but don’t be full of yourself just yet.

Also, go through your priority list and check for what is absolutely important. Understand you will not be able to have everything as per your terms. The primary rule of negotiation is to be flexible and arrive at a midpoint suited to both parties.

So, if Salary is an absolutely important factor, then try to negotiate it higher than what is mentioned in the job offer letter but lesser than your expectation.

Hope these Job Offer Negotiate Letter tips helpful. All the very best!