Researching salary ranges


show more Researching salary ranges provides you with in-depth training on Business. Taught by Valerie Sutton as part of the Negotiating Your Salary show less
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Researching salary ranges

It's important to prepare for negotiations ahead of time by researching realistic salary ranges. In fact, it's actually best to prepare before you even interview for a job. You want to set yourself up, so you get your best salary. However, if you've already been made an offer you can still do this research. You want to have your pre-negotiation worksheet for this part of the course. Begin by writing down your personal range. What is the minimum salary you need to make to meet your financial obligations? The low end of your personal range will be based on your budget needs.

The high end of your personal range will be your ideal salary. This is the amount of money that will allow you to lead the lifestyle you desire. Next, you need to have a realistic idea of what the market actually pays; the external equity. So how can you find out what the market ranges are for your area of interest? I recommend you use the same resources that HR often uses to determine external...

Researching salary ranges
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Researching salary ranges provides you with in-depth training on Business. Taught by Valerie Sutton as part of the Negotiating Your Salary

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