This pandemic has created a vibe of fear and uncertainty in the employment sector. Every now and then, due to lack of business , organisations have been laying off people resulting in a huge chunk of unemployment worldwide.
In Spite of all this , if you have still managed to find a new job, Congratulations and hats off to your efforts on the same.
You have made through the selection stage, however the employer hasn’t rolled out the offer yet. Your salary negotiation and compensation package details are yet to be spoken about.
Since the whole world has come to a halt, you are slightly nervous on how the negotiation would happen on this job offer.
Salary cuts, Job layoffs, loss in business has shifted the negotiation power much in the favour of the HR. Each organisation has prioritised cost cutting which indirectly has impacted the salary structure of most of the employees.
Here are 5 very basic and important things you should be ready with to have a strong base for your salary negotiation-
Strong and Genuine reason for Salary Negotiation switch in mid covid crisis:
- No sane person would leave his/her job when there is a job crisis going on in the world currently.
- So you need to have a very strong justifiable reason as to why you would take such a bold step in the midst of this pandemic. This can make or break your entire salary negotiation factor.
- Answers like I wasn’t comfortable with my role or My manager was not friendly wont work in your favour. Such justifications will create a doubt in the minds of the person interviewing you could end up losing the job offer.
- So ensure that you have a strong explanation behind your switch and make it clear while negotiating your salary.
Work From Home Skills and Productivity
- This is the one skill that the whole world has got used to, however there are very few who have the discipline and art to master this WFH trend. How well you have got adapted to the WFH environment and its changing demands would play a big role in your salary compensation discussion.
- Since it is work from Home, the HR may try to bring in factors like travel and transportation to cut down on the salary hike. There would be discussions where the HR would offer a reduced salary offer for now and promise a further discussion to be done once the work from home scenario ends and you physically start attending office.But this where you need to be firm and assure them that you’re as good as when working from home as you’re at the office.
- You can share your last few months experience of working from home for a more confident reasoning with the HR. Make sure that you are clear in your thoughts and the message is sent across well.
Keep Your Social Media Profile updated
- One of the most important things to be taken care of in this work from Home Digital world is your professional information on Social Media platforms like LinkedIn
- During a pandemic when it’s extremely difficult to have an up close and personal conversation with your new manager, ensure your LinkedIn profile is well updated with no errors.
- Pretty much every organisation checks your LinkedIn paying little heed to a pandemic.
- Notwithstanding, during the COVID-19 period, you can be guaranteed that your LinkedIn profile will be filtered altogether.
- In the event that your boss finds any jumble of data from your resume and LinkedIn, it will be a gigantic warning.
- In this way, ensure you have your LinkedIn profile well updated and with the correct information of the role applied to. This will again present a strong defence of your authenticity
Don’t fall to the victim Card
- Just because we all are severely impacted in this pandemic, doesn’t mean you need to settle for less.
- Numerous organisations would attempt to exploit this negotiating salaries.If they play the victim card… don’t fall for it!
- Try to know from your previous round interview as to what salary range they are ready to pay for this position. This will help you get prepared for the penultimate HR round interview.
- Remember , if they can employ you then they understand your worth. If they do understand your worth to the organisation, then they definitely can pay you your worth.
Value your skill and know your worth
- Learn new Skills
- Also, finally, know your value and make sure that the person hiring you gets a feeling of a good recruitment
- If you really are confident of the fact that you are a very good candidate for their position and deserve the salary you have asked for, Stand firm yet don’t go overboard.
- Guarantee them that they’ve recruited the perfect individual and they can depend on you simply like they would’ve during a non-social distancing period.
- Give assurance to your employer , that your dedication and discipline won’t be hampered due to the work from home scenario.
The above scenarios are not the only points they need to be covered before a salary negotiation interview, however these point if missed might surely have a negative impact on the entire negotiation.
Happy Working!