Stop Lowball Job Offers & Negotiate Better Pay
Lucas James
10
Sales
You're a talented professional, but you want to get paid what you're worth. A job offer that doesn't match your worth is frustrating. May job seekers feel as though lowball offers devalue their skills.
In that case, you need to stop accepting lowball job offers and learn how to negotiate better pay with our guide. You will learn how to identify your market value, understand the employer's perspective, and make a strong case for a raise.
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What Is a Lowball Job Offer, and Why Should You Never Accept One?
A salary lowball offer is when an employer offers you a salary much lower than what you are worth. This can happen during the negotiation process, or it could be the first offer they give you.
Either way, it is essential to know how to handle a salary lowball offer so that you don't end up accepting an offer that is too low. When you receive a lowball salary offer, here are a few ways to handle it:
- You can try to negotiate with the employer.
- You can look for other jobs to pay you what you are worth.
- You can accept the offer and look for other opportunities as soon as possible.
However, salary lowball offers are not something you should ever accept because it means that the employer does not value your skills and experience. There are better opportunities for you, so don't sell yourself short by accepting a salary lowball offer.
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Research Your Market To See Other’s Rates
Make sure to do your research before accepting a job offer, especially when it comes to your salary expectations. It's common for employers to lowball their potential employees; they often think the person is desperate or doesn't know any better.
If you research the average salary for your position in your area, you can ensure you're being paid fairly. You can use websites like Salary.com or Glassdoor.com to learn what other companies in your field are paying.
You can also ask people you know who work in your desired area what they make. Once you have an idea, you can use that information to negotiate a higher salary if necessary.
Check To See if the Company Can Pay the Salary You’re Expecting
Before you go into an interview telling an employer about your salary expectations, you must research the company's finances. Various methods exist for determining the pay rate for your skill set and experience level.
You can check salary surveys and online job posts to understand the industry's expected salary. You can also talk to friends and colleagues to get an idea of what they're making. Once you have a ballpark figure in mind, you can start negotiating with employers from a position of strength.
Also, it shows that you're knowledgeable and assertive when negotiating your salary, which can only work in your favor. So next time you're considering a new job, be sure to do your research first. It might just save you from being underpaid.
Learn Why the Employer Is Offering This Salary Amount
Before negotiating for a higher salary, it's always a good idea to ask your potential employer why they're offering the amount they are. There are a few reasons why this information can be helpful.
First, it can give you some insight into their budget. If they're offering a low salary, it's likely because that's all they have to work with.
Second, it can help you gauge their level of interest in you. It shows they're serious about hiring you if they're willing to negotiate on salary.
Finally, it'll let you see how flexible they are on salary. If they're not open to negotiation, they may not be willing to budge on other aspects of the job, such as hours or vacation days. Asking why an employer is offering a specific salary is a simple way to gather important information that can help you during the negotiation process.
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Give Your Salary Expectations First
Due to the competitive job market, many job seekers will accept positions that pay less than they're worth. One way to avoid being caught in this trap is to give your salary expectation early on in the hiring process.
By doing so, you signal to the employer that you are aware of your value and are unwilling to accept a lowball offer. This also allows you to negotiate from a position of strength if the employer does try to lowball you. Giving your salary expectation up front is a simple way to help ensure that you end up with a fair wage.
Mention You Have Other Options Willing To Pay a Higher Salary
It's important to mention that you have other job options willing to pay more when an employer offers a low salary to you. This will show the employer that you're not desperate for the job and are eager to walk away if they don't meet your salary requirements.
It also pressures the employer to increase their offer, which benefits you. Lastly, mentioning other job offers can give you leverage in negotiation for other aspects of the job, such as vacation days or flexible hours. Ultimately, it's essential to be confident and assertive when negotiating your salary, and mentioning other job options is one way to do this.
See if You Can Negotiate Other Benefits Instead of a Higher Salary
If an employer gives a lowball offer for a salary from an employer, it's worth seeing if you can negotiate for other benefits. After all, you never know unless you try! You can negotiate extra vacation days, flexible working hours, or even telecommuting options.
If the company is unwilling to budge on salary, other benefits, such as healthcare coverage or retirement savings matching, may be negotiable. It's always worth negotiating, as you may be surprised at what you can get.
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Take the Time To Negotiate and Know Your Worth
If you want to make more money, you have to start by valuing yourself and your work. When employers give lowball offers, you must stand your ground and negotiate for a higher salary. Use the techniques in this post to help you feel confident about asking for what you're worth - you deserve it!