Navigation
Friday
Jan092015

Negotiation: it’s not just about the money

It has finally happened.  After sending out countless resumes, enduring endless interviews, and waiting by the phone for weeks, you’ve at last had a job offer from your dream company.  Your first impulse is to immediately accept the offer – after all, it’s what you’ve been working so hard to get – but you need to pause for a moment and decide if you are completely happy with the offer, or if you want to try to negotiate something better.  Money – your salary, bonuses, stock options, and such – are usually what comes to mind in job negotiations, and sometimes it is indeed possible to negotiate for increases in these areas.  But just as important for your ultimate satisfaction with the job can be intangible, non-monetary forms of compensation.  And given your new company’s budget constraints, negotiations for increased non-monetary compensation are much more likely to be successful than holding out for an increased salary. 

Job negotiations are about more than just money.

Non-monetary compensation can include the number of vacation days you receive, how often you can work at home, whether you get a window office (or an office at all), who you report to, and your job description.  And sometimes you can find indirect ways to increase your compensation without increasing your salary, such as tuition or parking reimbursement – because they are accounted for differently with different tax implications, companies sometimes have more flexibility in these areas even when they are unwilling to increase direct compensation.

I had one client, a software designer, who suffered from Seasonal Affective Disorder, which meant that he was more likely to feel low or depressed when deprived of direct sunlight for long periods.  Thus, when he moved to a new job, it was in both his and his new employer’s interests to make sure he had an office with a sunny window.  The company wasn’t able to provide him one when he was starting, but they promised that he would have one within six weeks, and in the meantime agreed to let him work two or three days a week from home.  The company was happy to do this since it didn’t cost them anything and ensured a productive employee, and my client was happier than he would have been with a higher salary but an inside office.

PrintView Printer Friendly Version

EmailEmail Article to Friend

References (6)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
  • Response
    Smart people are work smart live smart and sped their life like smart and these type of people are like to negotiation on the jobs because they know about their work. If they forget the job the earning system are not run and some are take some loan to run their ...
  • Response
    Response: Essaytiger
    Take after these ways and enhance your transportation courses effortlessly to be proficient in best article composing administration. Be that as it may, on the off chance that you are not concur of going by ship you need to put more sum in business to keep it up and gain ground ...
  • Response
    Response: Rushessay review
    Teaching the phenomenal child is troublesome and people generally keep away from doing such kind of occupation. This is more troublesome than to do article writing in a basic area as this movement anticipates that eagerness will get the result.
  • Response
    Response: homedecorjournal
    In the event that you need to investigate the blog of virtual learning bunches so you should come here web journals looking shocking inclination like me I in like way need to take a gander at about paper forming districts since it gives me store of information about various things and ...
  • Response
    Response: write me an essay
    It is essential for every one of us to make such eating regimen arrangement that can give us great wellbeing. As the utilization of nourishment and natural product is specified at first in any kind of exposition composing in light of medical problems and arranging of it too. In general the ...

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
« Back to School | Main | Looking beyond your job »