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Negotiating Power Continues to Shift to Job Candidates
The tight labor market has become a salary and benefits coup for many job seekers. Although there have been a couple of blog posts here on the Big Time that offer advice about negotiating a salary, now that qualified candidates are becoming so hard to come by they are finding themselves in the cat-bird seat when considering their salary and benefits.
I came across this recent article posted on the Society for Human Resource Management web site that features a survey of workers and their desired benefits. The study also discovered that some candidates have turned one job down over another because of more money. So what does this mean for candidates in high demand, especially in the managerial and supervisory positions? You could have your pick of jobs and employers, based on your needs and desires for salary and career advancement.
Now, does this mean that you should request an outrageous, unrealistic salary with benefits to match? Of course not. But it does mean that you could command a significant increase in pay from the employer of your choice.
Remember though, just because employers are more willing to offer a higher salary for better qualified candidates doesn't mean that negotiations should come without preparations. So check out these Big Time posts on salary negotiation.
Last but not least, it's nice to have a higher salary but there are other considerations when seeking a new job. You might be passing up a great company to work for more money.
Posted by Brent Short on September 24, 2007 at 9:49 AM
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