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What number would you associate with your worth? If youíre having difficulty coming up with a figure, just ask your spouse or best friend how much they think you are worth. Youíll probably get a surprisingly high yet fairly accurate number. Letís assume you came up with one million dollars. I know, that doesnít even come close. The point is, can you expect an employer to pay you this amount as your compensation?
For sure, salary negotiations based on your true worth or unique gifts take on a whole new dimension. No, you probably wonít be compensated one million dollars; however, with right blend of negotiating skills and patience, your efforts will be substantially rewarded!
I have seen up to forty thousand dollars added to starting compensation through diligent negotiations. It is common for signing bonuses, stipulations calling for substantial six-month performance-based increases, several weeks of additional vacation time, stock options, profit sharing, and more to be added as part of a negotiated package.
Negotiating is an opportunity to get what you truly want, and deserve. It is a way to significantly raise your standard of living and sense of self, simply by taking stock of what you have and then knowing how to use it for your advancement. Remember, what you receive now becomes your benchmark for future positions.
We all have choices. Some people would rather keep things way they are. Thatís ok. However, you have worked very hard to come to this point, so why stop short of getting what you truly want, and deserve. Wouldnít you rather be compensated more on basis of what youíre worth than on some arbitrary figure designed to keep status quo? Go for what you are worth Ė your life will never be same!
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David Richter is a recognized authority in career coaching. His extensive knowledge and experience gained from many years in recruitment, outplacement and career management has allowed David to formulate powerful strategies anyone can use to secure interviews and receive offers. David holds Masters in both Engineering and Counseling Psychology. David's website is: http://www.procareercoach.com