NEGOTIATING A FAVOURABLE JOB OFFER

Well done on winning at interview.  Now it is important to negotiate an offer of employment suitable to both parties.  This should be a considered process, so it is important to evaluate the finer details of any agreement and get it right. 

The offer of employment will include the terms of employment (i.e. pay and job description), start date, location and company benefits.  Consider the whole package and query anything if unsure. 

Getting it right can lead to a higher salary and more benefits so do not under-estimate the importance of this process.  If candidates are able to offer something unique to the role then they are in a more favourable negotiating position.

                                                                                                                                 

Negotiating your offer of employment

Negotiate on terms of employment, pay, start date, location (re-location) & company benefits.
Implement what those things learnt under Salary Negotiation to optimise your bargaining potential.

Reviewing the detail

Review / finalise job descriptions & terms of employment (contract).  Go through it thoroughly. 
Get someone else to review the contract if unsure or use other resources like the internet for help.

Other considerations

Ask if there are any other considerations (be thorough as it can have a major affect on your life!).

Accepting / Rejecting the offer of employment

Do not be rushed into a decision either way.  Set clear expectations of when to give a decision in order to give time to consider the offer whilst not annoying the company.  Get any employment offers in writing before committing to anything.  Be careful, there are some devious employers out there! 

More than one job offer!

Be honest and tell both employers that you have an important decision to make to choose between two job offers.  Say that more time is required to consider both offers and both employers should respect any request for more time.  This can also strengthen any negotiating / bargaining position and may lead to an improved job offer if an employer is determined to secure your services.

Writing an acceptance / decline letter

Having received an offer of employment in writing, there are requirements to formally accept (or decline) any offer in writing. 

At this point, an understanding of the key elements of the job offer should be gleaned such as salary, start date, location, training, probationary period, commission, bonuses, etc.  This enables candidates to check for any possible misunderstandings.  A good employer should come back quickly to ensure that any issues are resolved.

Declining an offer must be done politely in case another offer falls through or should even wish to apply for another role with the same company in the future.

                                               

                       

Negotiating an offer of employment - how to negotiate favourable terms.