You bought the job provide – congratulations! Time to simply accept it and get to work, proper? Maintain up – earlier than you rush to simply accept that first provide, it’s best to contemplate writing a wage negotiation counter provide letter.
You seemingly have extra energy than you assume you do in relation to the phrases of your job provide. You don’t have to simply accept what’s first supplied to you.
As a substitute, you’ll be able to write a counter provide letter detailing your phrases.
Concerned with studying extra about the right way to write a wage negotiation counter provide letter of your individual? Learn on to be taught all about counter provide letters, together with counter provide letter examples and wage negotiation e-mail examples!
What’s a wage negotiation counter provide letter and the way can it enable you?
A counter provide letter is a candidate’s response to a job provide that wasn’t fairly what they hoped it could be. Most job affords come within the type of a proper provide letter detailing vital issues like annual wage and advantages.
Many candidates assume their solely choices are to both take the provide or stroll away from it. However you’ll be able to ask about your choices.
Whether or not you’re unhappy with the wage, scope of the job, the advantages, or anything, you’ll be able to elevate that in a counter provide letter.
The letter normally signifies a candidate’s curiosity within the place, whereas on the similar time outlining their considerations with the provide. It is an important instrument that can assist you get compensated for what you’re value.
Who ought to write a counter provide letter?
Anybody who isn’t glad with what they’ve been supplied ought to be at liberty to write down one! Don’t be afraid to talk your thoughts and ask for what you assume you deserve.
And, don’t fear – sending a counter provide letter won’t get your job provide taken away. The worst that may occur is the corporate says no to your proposed phrases after which you need to determine whether or not to take the unique provide or stroll away.
Right here’s some extra steerage on who particularly may profit from writing a counter provide letter:
You haven’t been supplied what you assume you deserve
Whether or not it’s the wage, advantages, or each, typically a job provide is simply not what you hoped it could be. Maybe you’ve gotten years of trade data and know that the pay you’ve been supplied isn’t commensurate along with your expertise. Belief your instincts and ask for extra.
It’s more durable to ask for a elevate or wage improve after you’ve already began work, so benefit from the time earlier than you settle for the provide to barter for what you’re value.
Do not be afraid to ask for the next wage
Usually, an organization begins with a low provide, however they actually have room to extend it. In fact, should you don’t ask, they aren’t going to present it to you, so don’t shrink back from asking.
Additionally, keep in mind that ladies particularly typically undervalue themselves. So, no matter you assume you’re value, add 10% to that and see what they are saying!
The provide is less than par with the market requirements
If the provide isn’t in keeping with the market, it’s best to contemplate writing a wage negotiation counter provide letter. How will you determine this out? That is the place doing your individual analysis helps.
Utilizing web sites like glassdoor.com and asking associates and colleagues in your trade, work out the going fee to your job and place.
If the wage or advantages you have been supplied are less than the market customary, use that info to ask for extra.
You could have multiple job provide on the desk
By taking part in your two affords off one another, you’ve gotten the most effective probability of getting each your dream job and dream wage.
Somebody with multiple job provide can actually profit from writing a wage negotiation counter provide letter.
Let’s say you’ve gotten two affords – one from Firm A and one from Firm B. Your dream job is with Firm A, however they’ve supplied you $20,000 lower than Firm B.
Don’t be afraid to be open and trustworthy with Firm A, letting them know you’ve gotten one other provide that you simply’re going to take except they’ll match it.
What must you embrace in your wage negotiation counter provide letter?
Beneath, we’ve included pattern wage negotiation letter after job provide examples (and wage negotiation e-mail examples). However, first, let’s discuss in regards to the fundamental construction of a counter provide letter and what it’s best to embrace.
1. Skilled greeting to the hiring supervisor
Counter provide letters needs to be addressed to the hiring supervisor (or whoever your contact within the hiring division is). Preserve it brief and easy and handle them formally, irrespective of your relationship, as this needs to be an expert and formal letter.
2. Introduction
That is the place you emphasize your curiosity within the place and thank the hiring supervisor for the provide. Reiterate a motive or two why you’re a nice candidate and why you’ll deliver a lot to the group.
3. The counter provide
That is the place you get to the meat of the letter. You could have two decisions on the right way to method this half.
You’ll be able to both (1) clearly spell out your counter provide (e.g., “I want to counter with a wage of $75,000 per yr”) or (2) define your considerations with the provide and request to debate a counter provide in particular person (e.g., “whereas your provide is beneficiant, I want to focus on a rise within the wage earlier than I can settle for the provide”).
You should definitely embrace your causes to your request, too. For instance, is the wage approach beneath the market fee for the place?
If that’s the case, embrace your analysis displaying what different firms pay for related roles. (You’ll see how this seems in follow within the pattern wage negotiation letter after job provide beneath.)
4. Conclusion reiterating your curiosity within the job
Conclude your provide letter reiterating your curiosity within the job. Say thanks to the hiring supervisor for his or her time and for his or her consideration, and counsel a name or assembly to debate your counter provide.
Finish with a proper however cordial sign-off and wait to see what they must say!
Key issues to recollect when writing your wage negotiation counter provide letter
Earlier than we get into a few counter provide letter examples, and earlier than you write your individual, it’s useful to bear in mind a number of issues:
Do lots of analysis
Doing all your analysis and having proof to again up your request will assist bolster your place. For instance, figuring out that firms in your trade routinely present extra break day, higher parental go away advantages, or extra complete medical protection, will put you in a greater place to ask for that.
Reiterate your expertise
Don’t neglect to remind the hiring supervisor why they supplied you the job within the first place! Reiterate your expertise and what you’ll deliver to the desk.
Highlighting these will assist put your request into context and remind them of simply how useful an asset you’d be to their firm.
Be respectful however agency in your request
As you write your wage negotiation counter provide letter, take into account that your tone ought to at all times be respectful. However that doesn’t imply deferential! It is best to nonetheless really feel assured and be agency when advocating for your self.
Counter provide letter examples
By now you’ve gotten a good suggestion of what to incorporate in your counter provide letter. However it by no means hurts to see some counter provide letter examples!
Listed below are two examples that can assist you get began on drafting your individual.
Pattern wage negotiation letter after job provide – discussing a wage improve request:
Topic Line: Provide Letter – Wage Dialogue
Pricey [Hiring Manager],
I recognize the job provide of Senior Vice President at Honeybell Company. As we mentioned, working as a Senior Vice President at Honeybell is a dream place for me. I’m assured that my expertise working at Jamwell Company would deliver so much to the desk and that I’d deliver a brand new, recent perspective.
I want to speak about the opportunity of a rise within the base wage you’ve supplied me. Based mostly on my analysis, the common wage for the same place in our trade is between $125,000 and $140,000.
Due to my ten years of expertise within the preservatives trade, in addition to my grasp’s diploma in enterprise administration, I imagine the upper finish of this vary is extra acceptable.
Please let me know if you’re accessible to debate this and, hopefully, we will come to an settlement. Once more, I’d love to simply accept this place however would first like to debate my wage with you earlier than I make a last determination.
Thanks to your time and consideration.
Sincerely,
[Your Name]
Wage negotiation e-mail instance – request to debate wage and advantages:
Topic Line: Provide Letter – Wage & Advantages Dialogue
Pricey [Hiring Manager],
I recognize your provide of the place of Administrative Assistant to the CEO of Daisy Company. I’m wanting ahead to presumably working along with your CEO and know that my prior expertise working as a analysis assistant to my school enterprise administration professor will deliver so much to the desk.
I want to meet to debate the wage and advantages package deal you’ve gotten supplied me. Whereas I recognize the provide, I imagine that it’s not in keeping with both my expertise or that of the market.
Please let me know whether it is attainable to satisfy or schedule a name to debate my compensation and advantages additional.
Thanks to your time and consideration. I stay up for persevering with our dialogue.
Sincerely,
[Your Name]
Take the subsequent steps to get the job of your goals!
So, what occurs after you’ve despatched off a wage negotiation counter provide letter (or e-mail)? The hiring supervisor will seemingly need to focus on the phrases with you (particularly should you didn’t define them clearly within the letter).
Or, they may settle for your phrases (go you!) or reject them. It’ll then be as much as you to simply accept their provide, negotiate additional, or stroll away.
The toughest a part of wage negotiation is getting the ball rolling, and that’s simply what you’ve completed by writing your counter provide letter. It doesn’t matter what occurs, you’ve bought this!