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How to talk salary with your employer

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Salary negotiation can be tricky. A recent article from HR Bartender highlights the do’s and don’ts of talking about your salary with your employer.

  1. DO understand what factors are tied to compensation. Your salary is based on several factors. If your organization can easily attract top talent, they do not need to pay more. If your organization retains a majority of their top talent, they do not need to pay more. If your organization does not make enough revenue, they simple cannot pay more.
  2. DON’T compare your pay to other people. Your salary needs to be about the work and your performance of that work. It has nothing to do with other people.
  3. DO think about pay in terms of the total package. You should consider all of the benefits and perks in conversations about compensations. Such things cost money as well.
  4. DON’T threaten to quit over pay, unless you’re prepared to do it. Giving your manager an ultimatum can hurt the relationship. Some things are far beyond your manager’s control.
  5. DO plan to discuss pay with your manager. If you have multiple managers, the issue of compensation should come up with both managers.
  6. DON’T stop being a team player. Even if things do not go your way, do not stop being a team player. This will not help your cause in the future.