How do you negotiate a salary with your top candidates? Believe it or not, when it comes to salary negotiations, even the most experienced human resource personals can struggle; and when your personal skills are pitiable, your chances of hiring good candidates to help your business thrive are reduced. Not every hiring manager has pitiable “people skills”, and surprisingly, many dread negotiations because they don’t know how to approach an experienced candidate. Nevertheless, here are some win-win negotiation tactics you might want to consider to hire the best talent.
How Much Does Your Industry Pay?
Some industries are more competitive than others. The IT domain for example, is a cutthroat business field, and some companies battle each other to land the best talent. How do you persuade an executive to work for you and not for one of your competitors? Negotiating win-win deals with potential employees is more challenging than meets the eye. Apart from an attractive salary package, you must offer them something extra, something your competitor doesn’t have.