How to write a salary negotiation letter? In a joint survey of 20, George Mason University and Temple University discovered that offers were made through salary negotiations that resulted in a $ 5,000 increase. This article will give an overview of how to write a salary negotiation letter.
How to write a salary negotiation letter
Anyone who has a job offer but is frustrated with starting pay can feel free to negotiate more wages.
The right way to offer higher pay is to research your industry to see if your level of standard pay is higher.
If your new position qualifies for higher pay, you may find it appropriate to write a reputable salary negotiation letter to the company.
Determine the average salary for the job you are offered. A good source for most industries is the Professional Outlook Handbook, a publication by the Federal Government’s Bureau of Labor Statistics. Other sources include business libraries and industrial associations.
Conduct online research using keywords related to your industry. If possible, search for other, similar companies.
Also, individual employers – who are not working to recruit companies – generally have a good idea about pay rates.
Start writing your letter to the organization. Use a traditional alphabetical-character format. Type the letter in the best available stationery and try for a page length.
Prepare the letter for regular mailing, no transmission via email. For serious communication like this, it is best not to be like a business, casual or informal.
Since this is a special situation, you can ask for expert help in composing and typing the letter.
Address your letter to the hiring manager or company official who has signed the offer letter. Do your best to convey a respectful and positive tone throughout the letter.
Start by expressing your thanks for the offer and say that you are very interested in the position. Retrieve the organization’s salary offer and make your professional offer in a professional way.
For example, you could say something like, “Although I appreciate your offer, I’d like to discuss the possibility of higher pay.”
This is the time to tell your case. Quote the average salary for a position and how their offers are limited. Provide an example of why you qualify for higher wages by industry standards.
Don’t give a reason why you need more money. Just focus on the aspects of the business and avoid your personal life.
Close the letter by summarizing your counter offer. Say that you are looking forward to reaching an agreement with the organization so that you can accept the job offer and start working. Request a meeting to discuss more pay.
Offer to call the address three business days later to make an appointment. Get excited about starting work for the organization and mention that you have specific goals you want to achieve as you get started.
Salary negotiations are not for everyone. If you are in a difficult financial situation, you may not be at risk of losing a job offer. It is better for you to focus on earning less-than-ideal fees and earning future raises.
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