When should you follow up on a salary negotiation? (2024)

FAQs

When should you follow up on a salary negotiation? ›

The timing of your follow-up depends on the stage and outcome of the negotiation. Generally, you should follow up within 24 hours of receiving or accepting an offer, or of reaching a verbal agreement with the employer.

During salary negotiations, consider various factors such as cost of living, your current pay package, and any additional employment benefits like pension, leave entitlement, and employee stock option. A recommended approach is to present your expected salary within a range rather than a fixed figure.

Mastering the art of salary negotiation requires a harmonious blend of research, confidence, and strategic finesse. The #1 rule, "Know Your Worth and Articulate It Confidently," encapsulates this holistic approach.

A reasonable amount of time to respond to a counter offer is within 24-48 hours. This allows the employer to make a well-informed decision and also shows respect for the candidate's time. It might take a few days in certain situations, like when a budget needs to be approved.

Explain why you deserve a higher salary and how it aligns with the market rate and your value to the employer. Provide evidence of your accomplishments, skills, and potential. Be prepared to compromise and negotiate on other aspects of the offer, such as start date, hours, or responsibilities.

Technically yes, though it's highly unlikely if you do it right. One thing is for certain: You won't get what you want if you don't ask for it! Explore our library for even more salary negotiation tips to earn what you're worth, or sign up for our Salary Negotiation Masterclass!

More, as in "I want more..."

Instead of asking for "more" salary or "more" vacation, this is your time to get specific. "Don't leave things to the imagination once you're negotiating. Instead of "Could you budge on the salary?", say, 'I would be more comfortable with a base salary of $105,000. '"

Entry-level base salaries are usually subject to no more than 10 percent of the original salary offered. Note that many top employers have set, non-negotiable salaries at this level. Mid-level positions typically have a negotiation range of between 10 and 20 percent.

When should I follow up after salary negotiation? ›

The timing of your follow-up depends on the stage and outcome of the negotiation. Generally, you should follow up within 24 hours of receiving or accepting an offer, or of reaching a verbal agreement with the employer.

Follow Up Email After Salary Negotiations

I'm following up on our salary discussion as I'm keen to finalize the details. I value your perspective and look forward to hearing from you soon. Dear [Hiring Manager's Name], I'm reaching out to share that I'm keen to finalize the terms of our agreement.

The full process for negotiating salary for a job offer can take 5 to 10 days or approximately 2 weeks. The process breaks down into multiple steps. First, there is a final interview. A few days to 1 week after the final interview comes the employment decision and initial offer.

What you need to do in these situations is call back or email the hiring manager, explaining that you've lowballed yourself. Since there is a scenario of budget approval for the salary you've asked for, it would be wise to communicate as soon as possible. Transparent communications are always respected.

If an employer is unable to offer you financial compensation, they may be able to offer alternative benefits that will supplant your desire for a wage increase. For example, a bonus, more vacation time, memberships, or a flexible schedule.

When negotiating salary after you've received an offer, start by expressing your enthusiasm for the position and appreciation for the offer. Next, present your case for a higher salary by highlighting your experience, skills or market research that supports your request.

Sample Answer:

Considering my level of experience and the responsibilities associated with the position, I would anticipate a salary range of [insert range]. However, I am also interested in the overall compensation package, which includes benefits, bonuses, and opportunities for growth.