How To Write A Wage Negotiation Counter Supply Letter
8 min read
You bought the job provide – congratulations! Time to just accept it and get to work, proper? Maintain up – earlier than you rush to just accept that first offer, you need to contemplate writing a wage negotiation counter provide letter.
You possible have extra energy than you suppose you do in the case of the phrases of your job provide. You don’t have to accept what’s first supplied to you.
As an alternative, you possibly can write a counter provide letter detailing your phrases.
Excited by studying extra about write a wage negotiation counter provide letter of your personal? Learn on to study all about counter provide letters, together with counter provide letter examples and wage negotiation electronic mail examples!
What’s a wage negotiation counter provide letter and the way can it aid you?
A counter provide letter is a candidate’s response to a job provide that wasn’t fairly what they hoped it might be. Most job presents 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 possibly can ask about your choices.
Whether or not you might be unhappy with the wage, scope of the job, the advantages, or the rest, you possibly can elevate that in a counter provide letter.
The letter often signifies a candidate’s curiosity within the place, whereas on the similar time outlining their issues with the provide. It is an important device that will help you get compensated for what you might be price.
Who ought to write a counter provide letter?
Anybody who isn’t happy with what they’ve been supplied ought to be at liberty to jot down one! Don’t be afraid to talk your thoughts and ask for what you think you deserve.
And, don’t fear – sending a counter provide letter is not going to get your job provide taken away. The worst that may occur is the corporate says no to your proposed phrases after which it’s important to resolve 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 suppose you deserve
Whether or not it’s the wage, advantages, or each, generally a job provide is simply not what you hoped it might be. Maybe you have got years of business data and know that the pay you’ve been supplied will not be commensurate together with your expertise. Belief your instincts and ask for extra.
It’s tougher to ask for a elevate or wage improve after you’ve already began work, so make the most of the time earlier than you settle for the provide to barter for what you might be price.
Do not be afraid to ask for the next wage
Typically, an organization begins with a low provide, however they actually have room to extend it. After all, if you happen to don’t ask, they aren’t going to provide it to you, so don’t shrink back from asking.
Additionally, keep in mind that women especially often undervalue themselves. So, no matter you suppose you might be price, add 10% to that and see what they are saying!
The provide is less than par with the market requirements
If the provide will not be in line with the market, you need to contemplate writing a wage negotiation counter provide letter. How will you determine this out? That is the place doing your personal analysis helps.
Utilizing web sites like glassdoor.com and asking pals and colleagues in your business, work out the going fee on your job and place.
If the wage or advantages you had been supplied are less than the market normal, use that info to ask for extra.
You’ve got a couple of job provide on the desk
By enjoying your two presents off one another, you have got one of the best likelihood of getting each your dream job and dream wage.
Somebody with more than one job offer can actually profit from writing a wage negotiation counter provide letter.
Let’s say you have got two presents – 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 have got one other provide that you just’re going to take except they’ll match it.
What do you have to embody in your wage negotiation counter provide letter?
Beneath, we’ve included pattern wage negotiation letter after job provide examples (and wage negotiation electronic mail examples). However, first, let’s speak concerning the primary construction of a counter provide letter and what you need to embody.
1. Skilled greeting to the hiring supervisor
Counter provide letters must be addressed to the hiring supervisor (or whoever your contact within the hiring division is). Hold it quick and easy and deal with them formally, irrespective of your relationship, as this must be knowledgeable 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 cause or two why you’re a nice candidate and why you’ll convey a lot to the group.
3. The counter provide
That is the place you get to the meat of the letter. You’ve got two selections on method this half.
You may 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 issues with the provide and request to debate a counter provide in individual (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 embody your causes on your request, too. For instance, is the wage method under the market rate for the position?
In that case, embody your analysis exhibiting what different corporations pay for comparable roles. (You’ll see how this seems in observe within the pattern wage negotiation letter after job provide under.)
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 personal, it’s useful to bear in mind a number of issues:
Do plenty of analysis
Doing all your analysis and having proof to again up your request will assist bolster your place. For instance, understanding that corporations in your business routinely present extra day without work, higher parental go away advantages, or extra complete medical protection, will put you in a greater place to ask for that.
Reiterate your abilities
Don’t neglect to remind the hiring supervisor why they supplied you the job within the first place! Reiterate your abilities and what you’ll convey to the desk.
Highlighting these will assist put your request into context and remind them of simply how precious an asset you’d be to their firm.
Be respectful however agency in your request
As you write your wage negotiation counter provide letter, remember the fact that your tone ought to at all times be respectful. However that doesn’t imply deferential! You need to nonetheless really feel assured and be agency when advocating for your self.
Counter provide letter examples
By now you have got a good suggestion of what to incorporate in your counter provide letter. Nevertheless it by no means hurts to see some counter provide letter examples!
Listed below are two examples that will help you get began on drafting your personal.
Pattern wage negotiation letter after job provide – discussing a wage improve request:
Topic Line: Supply Letter – Wage Dialogue
Expensive [Hiring Manager],
I respect 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 convey lots to the desk and that I’d convey a brand new, recent perspective.
I want to speak about the potential of a rise within the base wage you’ve supplied me. Primarily based on my analysis, the common wage for the same place in our business is between $125,000 and $140,000.
Due to my ten years of expertise within the preservatives business, in addition to my grasp’s diploma in enterprise administration, I consider the upper finish of this vary is extra applicable.
Please let me know in case you are obtainable to debate this and, hopefully, we will come to an settlement. Once more, I’d love to just accept this place however would first like to debate my wage with you earlier than I make a remaining determination.
Thanks on your time and consideration.
Sincerely,
[Your Name]
Wage negotiation electronic mail instance – request to debate wage and advantages:
Topic Line: Supply Letter – Wage & Advantages Dialogue
Expensive [Hiring Manager],
I respect your provide of the place of Administrative Assistant to the CEO of Daisy Company. I’m wanting ahead to presumably working together with your CEO and know that my prior expertise working as a analysis assistant to my school enterprise administration professor will convey lots to the desk.
I want to meet to debate the wage and advantages package deal you have got supplied me. Whereas I respect the provide, I consider that it isn’t in keeping with both my expertise or that of the market.
Please let me know whether it is potential to satisfy or schedule a name to debate my compensation and advantages additional.
Thanks on your time and consideration. I stay up for persevering with our dialogue.
Sincerely,
[Your Name]
Take the following steps to get the job of your desires!
So, what occurs after you’ve despatched off a wage negotiation counter provide letter (or electronic mail)? The hiring supervisor will possible need to focus on the phrases with you (particularly if you happen to 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 just 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 accomplished by writing your counter provide letter. It doesn’t matter what occurs, you’ve obtained this!
