Plan your Salary Negotiating

Successful salary negotiating means developing a practical negotiation strategy before you start your negotiations.

Key to a winning negotiation strategy is determining a realistic salary
range to negotiate within. Use the salary requirements calculator below
to work out how much you need to earn to support you current lifestyle
and meet your expenses.

For each expense work out the amount of money you need and the amount of money you want.

Expenses $ Need $ Want Housing -rent/mortgage Property taxes Utilities (gas/water/garbage) Telephone/internet/cell phone Food Clothing Personal care (cosmetics/toiletries) Household items Home maintenance Family (Child care/allowances) Pets Transportation costs (car/gas/maintenance/ parking/public transport) Entertainment (meals out/sports/TV/ memberships/gifts) Vacations Education (books/magazines/lessons) Debt (loans/credit card payments) Health care Insurance premiums Professional services Pension/retirement contributions Savings and investments Total

Once you have your totals multiply them by 2 to include social security, state and federal income taxes and any unanticipated expenses. You can be more accurate by working out what your actual tax will be in that salary range.

Not all of your expenses are monthly. Property taxes, insurance premiums, and holidays come once or twice a year but don't forget to include these occasional costs.

This calculation will determine what your minimum salary range must be
to support your lifestyle. While it is essential that you know what this
amount is before you start negotiating salary it is not advisable to
bring up your personal monetary needs during the negotiation.

This
figure is a foundation for your own salary decisions.

You have now worked out your required salary range. Next in preparing for negotiations is to evaluate the your market value and company value to set rational expectations before you start your negotiation process.

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Salary negotiating - how to write a negotiate salary email or letter

Use this sample negotiation letter or email to negotiate your job offer. Most job offers an be negotiated - it is how you do it that matters. A well written and well considered negotiation letter is a good place to start.

How to write a winning job offer Negotiating Salary > Salary Negotiating - Expenses Calculator

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