Q:

How do you ask for more money when offered a job?

A:

Quick Answer

One of the first steps in asking for more money when offered a job is to do research. A consumer needs to know the market rate for a specific position with the equivalent duties, experience requirements and education requirements.

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Full Answer

Job seekers can also ask for more time to consider the offer before negotiating. This provides the opportunity to compare the entire offer to a current salary, as well as obtain market research data. Once a decision has been made on what salary a person is looking for, asking the company if there is any room to negotiate, and providing a number that would be acceptable, opens the conversation.

Individuals can also consider other ways to have an increase in money when offered a job. One example of this would be to try and negotiate any 401(k) or retirement matches. This option may not provide instant access to the funds, but it can help get a jump start on retirement savings, according to Forbes.

Another option is to negotiate either a signing bonus or an annual bonus. This can be especially beneficial if the job requires relocation. If the job is commission based, try to negotiate for a higher percentage or commission structure to increase the amount of money offered.

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