Claremont Graduate Univeristy Career Development Accepting/Negotiating the Job Offer FYI Research salary information before the interview. Do not ask about salary during the interview, but be prepared to answer a question the interviewer may ask about your salary expectations. After Receiving the Offer Avoid accepting immediately. Even if it is the perfect job, consider the entire offer before responding. Once you accept the offer you will not be able to negotiate. If the offer is made by phone, ask them to email the details so you can clearly see the terms. Read the entire offer to make sure you understand. If you have any questions, email the person who sent the offer to ask for clarification. Before accepting, consider each element you would like to negotiate. If you are not ready to make the decision, ask for more time to consider. What's in an Offer? An offer will contain sone of the additional following elements: bonuses (quarterly/yearly), stock options, H1B, etc. Most elements can be negotiated. FAQ: How do I know if I should accept the offer? Consider the following questions to determine whether or not the offer meets your criteria: Are the position and the company a good fit for you? Are there opportunities to grow and develop your career? Is the location where you want to live? Are there additional perks you cannot get elsewhere? Is the work/life balance right for you? Receiving Multiple Offers Do: Carefully compare the strengths and weaknesses of each. Compare ALL elements of the offer, not just salary. Use the stronger offer to bargain for a better offer from the other company. Be careful how you approach the negotiations and be prepared for your preferred company to say they can't match the other offer. Don't: Try to pit companies against each other to start a bidding war. You want to start your new job on a positive note; if the negotiations are not handled correctly that can sour the relationship and potentially result in the company withdrawing the offer. Misrepresent the other offer since the company may ask to see it before responding to your request. Ethical Considerations Once you accept an offer STOP interviewing at all companies. Reneging on an offer is unprofessional and potentially career damaging. Negotiation Do not begin negotiations until you ready to accept. Once you negotiate the terms, the company will expect you to accept the offer. If you are waiting for an offer from your top choice employer, it is okay to ask for more time to consider. How to Negotiate Plan your negotiation strategy. View negotiations as a dialogue. It is okay to ask for what you want, but don't make demands. Consider which elements of the offer you'd like to modify and place them in order of importance. Consider the argument you can make to support your request. Focus on what you offer: your experiences, your strengths, etc. What value do you add to the company that makes you worth more? Call! It is more efficient to negotiate an offer by phone than email. Once you begin the negotiation, you can adjust your strategy as necessary. For example, if the salary isn't negotiable, then move to the next item on your list. Don't ask for too many things. If you get a higher salary and in increased signing bonus, you may want to reconsider asking for additional considerations Once satisfied with your offer, ask to have it in writing and make sure it includes the modifications you agreed to. Respond to the person and officially accept the offer. How to Decline an Offer Begin by thanking them for their time and their interest in you. You want to maintain a positive relationship with the company in case you decide to work for them in the future. Give a brief explanation of why you are declining. Avoid saying anything negative about the company as your reason for declining. Final Advice Attend Negotiating the Job Offer Workshop--see CDO calendar for time & place http:www.cgu.edu/careerdevelopment Visit the Career Development Office for more information. Visit cgu-csm.symplicity.com/students/ to request an appointment We are located in the Student Success Center: 131 E. 10th St. Claremont, CA 91711 (909) 621-8177