Salary negotiation: How to be successful

The job search after graduation is accompanied by the first hurdle: Formulating your salary expectations. Don't worry, we have summarized the most important information for you!

Absolventenhut liegt auf Geldscheinen Canva/zimmytw’s images

Tips for determining your own market value:

  • Use a salary calculator to get comparison values for the salary in your dream job.
  • Gain an overview of the (average) salary in your industry using salary tables. It's important to note the differences between entry-level salaries and salaries for individuals with more work experience. Include any previous work experience you may have in your considerations and later arguments. 
  • Use a gross-net calculator for a realistic understanding of your salary.

Formulate your salary expectations:

  • If the application explicitly asks for your desired salary, make sure to provide it.
  • Be prepared to negotiate: Determine a maximum amount that is appropriate for the position. Establish a minimum salary below which you are not willing to negotiate. It's important not to set your expectations unrealistically high, but also not to undervalue yourself.
  • Show your worth: Outline your advantages and the added value you bring to the job.
  • Stay objective and avoid letting personal circumstances influence your negotiation.
  • Be flexible: If your desired salary cannot be met immediately but you still want to work for the company, a plan for salary development can be formulated in advance.

Tip: Enter the negotiation well-informed, with clear expectations for your salary and knowledge of the appropriate salary for your industry and position.

Best of luck!

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Die Autobahn GmbH des Bundes

Die Autobahn GmbH des Bundes

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The Data School

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Gründungsberatung Industrie- und Handelskammer zu Köln

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Ob parallel zum Job oder als echte Alternative - wir beraten dich kostenfrei zu allen Fragen rund um deine Unternehmensgründung.