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Salary and Benefits Negotiation: A Practical Playbook
The mindset that helps
Negotiation isn’t haggling — it’s aligning value and risk. You’re proposing a fair agreement based on outcomes you can deliver, not asking for a favour.
Preparation (70% of the win)
- Results and proof: list 3–5 measurable impacts (cost, revenue, productivity, risk).
- Market range: define a credible anchor for the role, sector, and location.
- BATNA (Plan B): other roles, staying put, hybrid set‑up with side work.
- Timing:
- Hiring: discuss numbers once scope and mutual fit are clear.
- Internal: align with budgeting or performance review windows.
A script you can adapt
- Opening: “I’m aligned with the scope and excited about the challenge.”
- Value: “Over the last 12 months I led X, delivering Y and Z. I can replicate and extend that here.”
- Proposal: “Given the responsibilities and market, a range between $A and $B makes sense.”
- Flexibility: “We could structure a bonus tied to outcomes, a 6‑month review, and professional development support.”
Beyond base pay: the total package
- Variables: bonuses, profit share, equity/options, certification allowance.
- Flexibility: WFH days, hours, equipment, training budget, travel.
- Security: medical cover, insurance, childcare support, transport.
Handling common objections
- “No budget right now.” → “Could we set clear goals and review in 90 days?”
- “The range is fixed.” → “Is there flexibility in benefits or a delivery‑based bonus?”
- “Someone cheaper.” → “May I show how I de‑risk delivery and create impact in the first 60 days?”
A seven‑step prep checklist
- Five achievements with numbers.
- Two to three written references or client quotes.
- Three sources for market ranges (role/sector/location).
- Your floor, target, and stretch numbers.
- Two alternative packages (e.g., slightly lower base + outcome bonus).
- A 15‑minute rehearsal with a friend/mentor.
- A written follow‑up plan after the conversation.
Practical closing note
Between silence and an unrealistic ask, choose a value‑based, evidence‑backed proposal — and be ready to negotiate the shape, not just the number.
