Where to Get the Information You Need for Effective Salary Negotiation


Many job seekers dread the salary negotiation process. Some fear taking a stand will cause them to lose the job offer; others shrink in embarrassment; and a few are willing to take whatever the company offers. A few, however,value salary negotiation and arm themselves with knowledge before the interview. If you are a member of the last group, use the resources below to educate yourself on the job market and get paid what you’re worth.

Glassdoor.com

As the name implies, Glassdoor.com gives you a clear view of how a company treats its employees. The online company depends on anonymous postings from employees and job seekers who have first-hand knowledge about an organization. Employees, ex-employees and interviewees are encouraged to write company reviews and to share information about the interview process, the working environment and salary and bonus information. Currently, the site has nearly 3 million salaries and reviews.

PayScale.com

Conducting salary research on PayScale.com allows you to compare salary data based on geographic location, similar job profiles, or similar skills and experience. The website is intuitive and user-friendly and features a cost-of-living calculator and a salary calculator. By using the Employer Q&A feature, you can get first hand information on a company by posting an anonymous question on PayScale and on LinkedIn. The questions are answered by people who have inside knowledge about the company.

SalaryExpert.com

SalaryExpert.com provides salary and job related information for over 90,000 positions. By browsing the site, you can find salary surveys, compensation reports, salary advice, wage calculators, a cost-of-living calculator, and a tool to search jobs by category. SalaryExpert’s main advantage is that it offers comprehensive salary information for the United States, Canada, and for international organizations.

Salary.com

The salary data on Salary.com is proprietary and based on employer reported data. The information is verified and cross checked by the company’s paid experts. Salary.com is especially valuable for job seekers in the salary negotiation process. Since Salary.com divides the salary data into base salary and total compensation, you can use the site to identify a target salary range and see how much companies are willing to add by way of bonuses and benefits.

Company

When it comes to market research, don’t forget to check out the company’s website and social media sites. Search the job posting for clues on the salary range for that particular job. Go to the company’s LinkedIn page to find information on the person conducting your interview. Check the company’s tweets for hidden clues and tidbits you won’t find anywhere else. The more you know, the more confident you will be during the salary negotiation process.

Few people give their all to a company unless they are rewarded with fair and equitable pay. Most companies are willing to pay their employees fairly. Remember though, the salary negotiation process involves a two-way conversation. To earn your worth, you must do the investigative work and speak out for what you rightfully deserve.

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