Madeline Mann from Self Made Millennial explains how to renegotiate salary after accepting less than you should have. Use gratitude, data, and the opener "upon reflection" to reframe the ask. Reference other offers or market rates as leverage, and keep the language non-personal to avoid triggering defensive reactions from your employer.
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In the job interview process, you asked for too little salary, you lowballed yourself, or you agreed to one salary and you want to know if it's too late to renegotiate. Hey everyone, this is self made Millennial. I'm Madeline Mann, and today I will answer all of your questions on how to renegotiate that salary that you deserve. I've spent my career in human resources as the person hiring and and hearing every backroom conversation about your salary. So for more career and job search tips, make sure you subscribe to this channel and hit the bell for new videos on Thursdays. So, like I said, I'm the one on the employer side managing these salary conversations. So I'll tell you how an employer reacts when you change your salary requirement or want to renegotiate your salary. How to frame it in a way where you maintain the relationship and potentially land a sweet bump in compensation. And stay to the end. Because I'm going to give you the two magic words. I'm not kidding here. They are Excellent. These two words to kick off this conversation smoothly, no matter your situation. Okay, so let's start with how an employer will react. Now, you certainly are at risk of an employer feeling a bit yanked around, which we do not want. We need to frame this ask in the right way and not seem pushy at the same time. You do not want to negotiate against yourself, which is common, where you'll say, sorry, is there any way that we could actually increase the salary to $120,000? But if not, that's okay. I understand we could also do less. No. If you're going to ask, ask. And so I have seen candidates renegotiate in my career and I thought one person framed it especially well. He said, I know I set a different target salary when we first started interviewing, but after interviewing with other companies and getting a better sense of my value, I have seen that I should be aiming for X dollars. It was honest, sincere, and we still ended up hiring him after that. It's powerful to reference interviews or other offers. If you have other offers, never be shy to tell a company who you are interviewing with that you have an offer as soon as humanly possible. Companies are like children on a playground. As soon as they notice some other kid wants to play with their Tonka truck, they suddenly, desperately want to play with their own darn truck. So be that most popular toy in the sandbox and let companies know that you are lucky late in the interview process with other companies, or even better, that you have an offer that gives them an opportunity to counter the offer which makes you sittin pretty. If you don't have another offer then simply referencing other interviews is great. Do salary research for other companies you interviewed for and use that. Say something like as I've interviewed other places and seen the demand for this skill set, I've seen that the range in the market is X to Y salary. Could we make up the difference? For more tips on how to do salary research and negotiate salary from start to finish in the whole interview process, check out my full video on Salary negotiation. It's one of my most popular videos. I will link it in the comments and in the description. Okay, let's say you don't have any other job prospects, you simply lowballed yourself or want different compensation. And and that's the long and short of it. I've got you turkey. Always start with gratitude, talking about how much you like the company and appreciate being considered. And then use these two magic words. And those are upon reflection. The words upon reflection save you from an overly verbose explanation and keep you sounding competent and high value. Such as upon reflection of thinking through my next career step, I realized my desired salary range is X salary. I know this is a change and I appreciate you understanding. And what's even better is if you don't make it personal, you make it all data and statistics based. So that's where this salary research comes in. And like I said, I will teach you all about how to do that salary research in that other salary video. Now in the interview process you need to follow up to seal the deal and land offers. Following up is a good thing because it shows your drive and passion and so I'm going to give you a free download of templates of exactly the right way to follow up. Check out this person who got a response within 20 minutes of sending one of my follow up emails. I will link that free download in the comments and in the description. Also, I love hr. Check out this, you know this neat pad and this cool shirt. It has basically my motto Love your work. And these were both gifted to me by shrm, which is an exceptional human resources membership association that provides highly respected HR certifications. And so I will link these items in the description if you want to check them out. Shroom has just been so amazing sharing out my videos, being so supportive of this channel. So I just want to say thank you to them and I have mad respect. So make sure you like this video and subscribe. Subscribe to this channel. You've got this wi fi High five.
