Have you ever felt like you’re leaving money on the table?  Like you’re not getting paid what you’re really worth? You’re not alone!  

Lots of people, especially in our busy cities and towns, find talking about salary super awkward.  

But guess what?  Knowing how to negotiate your salary is a must-have skill for career growth.  

That’s why we’re talking salary negotiation today!  It’s a huge part of getting ahead.  Let’s break it down

Why is Salary Negotiation So Important?

Think about it… 

Your salary is not just the money, It’s a reflection of how much your skills and experience are valued.  

Negotiating a better salary means more financial security, yes, but it also means feeling valued and respected for work you do and the effort you put in.

It opens doors to better opportunities and gives you more control over your career path.  

It’s a key part of your overall career development.

How Do I Conduct Salary Research?

You need to do your homework before you even think about negotiating.

This is called salary research.  

You have to turn to a detective! You need to find out what people with similar jobs, skills, and experience are earning irrespective of the location.

• Online Resources

You can do your research online. There are websites (like Glassdoor,  and Salary.com) that can give you salary ranges for different positions. 

You can even look for data specific to Nigeria if possible. As well as international data can give you a general idea.

• Networking

Talk to people in your field. Join professional communities or organizations and attend industry events. 

Don’t be afraid to ask about salary ranges, discreetly, of course. Networking is invaluable for career growth, especially in Nigeria.

• Recruiters

Finally, recruiters often have a good understanding of salary trends in the market. They might be a good source of information.

Top Fascinating Salary Negotiation Tips

Okay, you’ve done your research…

Now let’s talk about strategy!

Here are some tips you need to keep in mind.

• Know Your Worth

You have to be confident in your skills and experience. Highlight your accomplishments and how you’ve added value to previous employers. 

This is your chance to shine!

• Don’t Throw Out a Number First

Seriously you don’t have to be the first to throw out numbers first. 

If possible, let the employer make the first offer. This gives you an advantage, you can compare and raise it to what you want.

• Aim High 

Even though you’re aiming high, be realistic.

It’s okay to ask for a salary that’s a bit higher than what you’re expecting. 

But do your research so you know what’s realistic for your field and location especially if you’re in Nigeria.

• Focus on Value 

Don’t focus on the “Need” alone, also focus on the value. Don’t talk about how much you need to earn. 

Focus on the value you bring to the company. Why should they pay you what you’re asking?

• Practice Makes Perfect

You can even practice your negotiation skills with a friend or mentor. This will help you feel more confident when you’re in the real thing.

• Be Prepared to Walk Away

Also know your bottom line. 

If the offer is way too low, be prepared to walk away. This shows that you value yourself and your skills.

• Negotiate the Whole Package

Salary isn’t the only thing to consider. 

Consider other benefits like health insurance, vacation time, professional development opportunities, and bonuses. These can add significant value to your overall compensation.

• Be Professional and Polite

Even if the negotiation gets tough, always remain professional and polite. Remember, you’re building a relationship with the employer.

• Closing the Deal

Don’t forget this step. Once you’ve reached an agreement, get it in writing. This protects both you and the employer.

Conclusion 

Salary negotiation is a crucial skill for career growth. Don’t be afraid to ask for what you deserve.

Also, know your worth and understand the market value for your skills.

By following these tips, you’ll be well on your way to earning what you’re worth and achieving your career goals.

Remember, your career development is in your hands. You’ve got this!

For more information, contact us at Talent Builders today.