{"id":1495,"date":"2023-11-06T09:20:04","date_gmt":"2023-11-06T14:20:04","guid":{"rendered":"https:\/\/www.peaksalesrecruiting.comblog\/salary-negotiation-what-youre-losing-when-you-sit-back-and-let-your-employer-win\/"},"modified":"2023-11-06T19:37:06","modified_gmt":"2023-11-06T19:37:06","slug":"salary-negotiation-what-youre-losing-when-you-sit-back-and-let-your-employer-win","status":"publish","type":"post","link":"https:\/\/www.peaksalesrecruiting.com\/blog\/salary-negotiation-what-youre-losing-when-you-sit-back-and-let-your-employer-win\/","title":{"rendered":"Salary Negotiation: What You&#8217;re Losing When You Sit Back and Let Your Employer Win"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">What\u2019s the easiest way to lose <\/span><a href=\"https:\/\/www.womendontask.com\/stats.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">half a million dollars<\/span><\/a><span style=\"font-weight: 400;\"> by the time you\u2019re 60? By never proactively negotiating your salary as a sales professional.\u00a0<\/span><\/p>\n<h2><b>Decide on a salary negotiation strategy as soon as you begin your job search.\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Avoiding negotiations could keep you working about <\/span><a href=\"https:\/\/www.forbes.com\/sites\/dailymuse\/2013\/06\/17\/why-women-must-ask-the-right-way-negotiation-advice-from-stanfords-margaret-a-neale\/#68d782f71635\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">eight years longer<\/span><\/a><span style=\"font-weight: 400;\"> to make the same amount as your counterparts who do negotiate. So why wait?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most winning salary negotiations happen through <\/span><a href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/5-ways-to-maximize-your-salary-negotiation\/\"><span style=\"font-weight: 400;\">a competing or collaborating strategy<\/span><\/a><span style=\"font-weight: 400;\">. In a study from <\/span><a href=\"https:\/\/hbr.org\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Harvard Business Review<\/span><\/a><span style=\"font-weight: 400;\">, those who chose to negotiate their salary using these methods \u2014 rather than accepting the offer on the table \u2014 increased their starting pay by an average of $5,000.\u00a0<\/span><\/p>\n<h2><b>Be ready to articulate exactly why you deserve a higher salary.\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Do your research and understand what other professionals in the same position you seek are making. Think through what you bring to the table that other professionals in your industry don\u2019t, then practice how you\u2019ll address your salary and initiate the conversation in the interview process. Know when and how to counter, and be prepared to walk away if the final offer doesn\u2019t represent your value.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Save your time, increase your income, and evolve your sales career alongside other top-tier sales professionals \u2192 <\/span><a href=\"https:\/\/www.peaksalesrecruiting.com\/top-performing-sales-people-wanted\/\"><span style=\"font-weight: 400;\">Join our network here.<\/span><\/a><\/p>\n<picture class=\"aligncenter wp-image-214688 size-large\"> <img decoding=\"async\" class=\"alignnone size-full wp-image-6700\" src=\"https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1.jpg?strip=all\" alt=\"Business man receiving a pay cheque.\" width=\"1024\" height=\"576\" srcset=\"https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1.jpg?strip=all 1024w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1-300x169.jpg?strip=all 300w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1-250x141.jpg?strip=all 250w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1-300x169@2x.jpg?strip=all 600w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1-250x141@2x.jpg?strip=all 500w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1.jpg?strip=all&amp;w=102 102w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1.jpg?strip=all&amp;w=409 409w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1.jpg?strip=all&amp;w=716 716w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1.jpg?strip=all&amp;w=819 819w, https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2023\/11\/salary-1024x576-1.jpg?strip=all&amp;w=921 921w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/picture>\n<p>relpost-thumb-wrapper<\/p>\n<div class=\"relpost-thumb-wrapper\"><!-- filter-class --><\/p>\n<div class=\"relpost-thumb-container\">\n<h3>Related posts<\/h3>\n<div style=\"clear: both;\"><\/div>\n<div style=\"clear: both;\"><\/div>\n<p><!-- relpost-block-container --><\/p>\n<div class=\"relpost-block-container\">\n<div class=\"relpost-custom-block-single\" style=\"width: 150px; height: 215px;\">\n<div class=\"relpost-block-single-image\" style=\"background: transparent url('https:\/\/g9d6c5a5.rocketcdn.me\/wp-content\/uploads\/2023\/11\/comp-planning-2-150x150.jpg') no-repeat scroll 0% 0%; width: 150px; height: 150px;\" role=\"img\" aria-hidden=\"true\"><\/div>\n<div class=\"relpost-block-single-text\" style=\"font-family: ProximaNova, sans-serif; ;  font-size: 15px; color: #6eba57;\">4 Ways to Ensure Your Compensation Planning is Driving Sales<\/div>\n<\/div>\n<div class=\"relpost-custom-block-single\" style=\"width: 150px; height: 215px;\">\n<div class=\"relpost-block-single-image\" style=\"background: transparent url('https:\/\/g9d6c5a5.rocketcdn.me\/wp-content\/uploads\/2018\/11\/sunrise-cityscape-austin-texas-at-golden-hour-above-tranquil-lady-picture-id819459266-150x150.jpg') no-repeat scroll 0% 0%; width: 150px; height: 150px;\" role=\"img\" aria-label=\"Austin texas\"><\/div>\n<div class=\"relpost-block-single-text\" style=\"font-family: ProximaNova, sans-serif; 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He has considerable experience building and running high-performance teams, which consistently won awards and exceeded sales targets. He was Vice President of Sales for a financial management consulting company, and served with Borland Software as a Regional Sales Manager.<\/div>\n<\/div>\n<\/section>\n<section class=\"abh_posts_tab abh_tab\">\n<div class=\"abh_image\"><img decoding=\"async\" class=\"photo\" src=\"https:\/\/media.peaksalesrecruiting.com\/wp-content\/uploads\/2024\/01\/brent-thomson.png?strip=all&resize=80%2C80\" width=\"80\" height=\"80\" \/><\/div>\n<div class=\"abh_social\"><\/div>\n<div class=\"abh_text\">\n<h4>Latest posts by Brent Thomson <span class=\"abh_allposts\">(<a href=\"https:\/\/www.peaksalesrecruiting.com\/author\/bthomson\/\">see all<\/a>)<\/span><\/h4>\n<div class=\"abh_description note\">\n<ul>\n<li><a href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/how-to-hire-salespeople-outside-your-industry-2\/\">How to Hire Salespeople Outside Your Industry<\/a> &#8211; December 20, 2023<\/li>\n<li><a href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/10-recruiter-skills-you-can-leverage-in-your-job-search\/\">10 Recruiter Skills You Can Leverage in Your Job Search<\/a> &#8211; December 18, 2023<\/li>\n<li><a href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/how-to-interview-sales-managers-and-find-well-rounded-talent\/\">How to Interview Sales Managers and Find Well-Rounded Talent<\/a> &#8211; December 14, 2023<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What\u2019s the easiest way to lose half a million dollars by the time you\u2019re 60? By never proactively negotiating your salary as a sales professional.\u00a0 Decide on a salary negotiation strategy as soon as you begin your job search.\u00a0 Avoiding negotiations could keep you working about eight years longer to make the same amount as<\/p>\n<div><a class=\"text-primary mt-2\" href=\"https:\/\/www.peaksalesrecruiting.com\/blog\/salary-negotiation-what-youre-losing-when-you-sit-back-and-let-your-employer-win\/\">&#8230;continue reading <span class=\"sr-only\">&#8220;Salary Negotiation: What You&#8217;re Losing When You Sit Back and Let Your Employer Win&#8221;<\/span><\/a><\/div>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"limit_modified_date":"1","last_modified_date":"2023-11-06T19:37:06","cybocfi_hide_featured_image":"","footnotes":""},"categories":[13,12],"tags":[],"class_list":["post-1495","post","type-post","status-publish","format-standard","hentry","category-sales-compensation","category-sales-career"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/posts\/1495"}],"collection":[{"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/comments?post=1495"}],"version-history":[{"count":0,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/posts\/1495\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/media?parent=1495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/categories?post=1495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.peaksalesrecruiting.com\/wp-json\/\/wp\/v2\/tags?post=1495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}