Negotiations in the Job Search
Monday, December 22, 2008 16:42I find that negotiations during the job search can become very intense due to the personal nature of the process. In reading, I am always interested in finding information that can be helpful to my readers, so as to ensure that this phase of the process is not overlooked and made a stumbling block for those with little experience.
A few things that I noted from a recent article I read on negotiation blog that I enjoy.
Excellent negotiators are able to identify a wide variety of options to meet the interests of both parties. (Lewicki, 1993) “The more options that are generated, the greater the chances that one of them will effectively reconcile the differing interests of the parties.” (Fisher and Ertel, 1995)
Think about what the above really says. People that are excellent negotiators look at the whole picture instead of just a small portion of the pie. I find that when people look at offers, the run to the salary and negotiate little else such as bonus, vacation, PTO, stock matches and other forms of compensation that companies are normally less structured with then salary.
Successful negotiators do not rush to agreement. They explore any unclear areas in the agreement or any reluctance by the other party. (Rackham, 1976)
This is very true and happens all too often. Time kills deals is something we talk about in recruiting. But not in the offer negotiation. You need to ensure that all parties are feeling the benefit of the agreement, and that sometimes cannot be determined over coffee. People need to consider, signatures needed to be attained from management and other process details need to be aligned. Do not rush the process and the process will not spit out an offer that you do not like. It is important to remain focused and patient during the offer negotiation process.