Here's how you can negotiate a salary for a new job offer without jeopardizing the opportunity.

1 Know Your Worth

Before entering any negotiation, you must have a clear understanding of your market value. Research the average salary for your position in your industry and region. Consider your experience, skills, and education level when determining your worth. Being armed with this information not only boosts your confidence but also provides a factual basis for your salary request, making it harder for employers to refute. Remember, knowledge is power in negotiations.

2 Timing Matters

The timing of your salary discussion is critical. Ideally, you should wait until the employer is convinced of your value and has offered you the job. Bringing up compensation too early might make it seem like that's your only interest. However, once an offer is on the table, the company has already invested time and resources in you, which gives you some leverage. This is the moment to articulate your expectations, having already shown that you're the right candidate for the role.

3 Be Flexible

Flexibility is key when negotiating. Rather than sticking rigidly to a single figure, consider a salary range that you find acceptable. This shows that you're reasonable and willing to work with the employer to find a mutually beneficial arrangement. Additionally, be open to discussing other forms of compensation such as bonuses, benefits, and opportunities for professional development, which can be just as valuable as a higher base salary.

5 Counteroffers Considered

If the initial offer is below your expectations, don't be afraid to make a counteroffer. However, ensure that your counter is reasonable and justified by the value you bring to the company. Explain why you believe a higher salary is warranted, referencing your research and the value you offer. Be prepared for back-and-forth discussion and remember that negotiation is a two-way street.

6 Plan B Preparedness

Always have a backup plan. Before entering into negotiations, decide on your minimum acceptable salary and be prepared to walk away if the offer doesn't meet your requirements. Having a plan B means you are negotiating from a position of strength, which can be empowering. However, also consider the non-monetary aspects of the job offer that might make it worthwhile despite a lower salary.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?