Salary Negotiation Tips Quantify Value to Get the Best Offer

Salary Negotiation Tips Quantify Value to Get the Best OfferSalary Negotiation Tips Quantify Value to Get the Best OfferIf I know a position pays significantly less than my desired salary, should I interview anyway with the hope theyll increase the salary base?Q If I know a position pays significantly less than my desired salary, should I interview anyway with the hope theyll increase the salary base?A Do it with more than just hope. If youre hoping for $50k for a $40k job, dont waste your time or theirs. Be smart about your job search find a way to monetize your contribution to a company, such as showing how your goal of 10% savings in purchasing can be worth $100k savings per year.For example, I had a client who worked for a soup company. The line people in the plant were putting in an extra ounce of broth in jars. Why? If a one-pound jar was traktement and there was not one pound of broth, then the FDA could fine them thousands of dollars. So for good measure, they put a little ex tra in. They didnt trust the old scales.My client told his employer he could replace them with digital scales, which were more accurate, and they wouldnt need an extra ounce of soup - a practice he calculated was costing the company $150k per year. He could then go to a prospective employer and say, Why dont we set up a bonus system? Because I think I could save you $150k right off the bat from what Ive seen by walking around here. Could we entertain an above average salary for above average work?Go ahead and interview if you think you convey how much extra youre worth and why youre worth it, in which case you could potentially be offered a lot more money.