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5 Salary Negotiation Mistakes to Avoid

  • 5 Salary Negotiation Mistakes to Avoid-

    Don't Skip Your Homework

    DON’T: Forget to do your homework

    DO: Before your interview, research the position and understand the compensation at that company and within the industry. Along with interview questions and company reviews, Glassdoor compiles salary information from current and former employees within companies and industries. This data can be valuable during the negotiation process down the road, but you also need to understand compensation within an industry and geography for your skill set and experience.

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5 Salary Negotiation Mistakes to Avoid

  • 1 | 2 | 3 | 4 | 5 | 6 | 7
  • 5 Salary Negotiation Mistakes to Avoid-2

    Don't Skip Your Homework

    DON’T: Forget to do your homework

    DO: Before your interview, research the position and understand the compensation at that company and within the industry. Along with interview questions and company reviews, Glassdoor compiles salary information from current and former employees within companies and industries. This data can be valuable during the negotiation process down the road, but you also need to understand compensation within an industry and geography for your skill set and experience.

Salary negotiation can be one of the most distressing parts of an interview. On the one hand, you don't want to lowball yourself and leave money on the table. On the other hand, you don't want to price yourself right out of consideration, especially if it's a job you really want. It's important that you conduct research before your interview, so that you have a good idea about what your skills are worth and what your particular market can support. Jobs in Silicon Valley or New York almost always garner higher pay rates than other areas of the country.

According to Andrea Murad, writing for Glassdoor, it's important to remember that interviews are a two-way street – you are evaluating the company as much as they are evaluating you. Initial salary offerings are generally a starting point for discussion, so how you answer questions about salary is really important. In this slideshow, Murad has highlighted five dos and don'ts when negotiating your salary.