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!

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!

Current companies in Career World

jobvalley

jobvalley

Als digitale Plattform für flexibles Arbeiten führt jobvalley Akademiker*innen und Unternehmen durch perfektes Matching zusammen. Individuell und fair: Für echte Selbstbestimmtheit auf dem akademischen Arbeitsmarkt.

Howden Deutschland AG

Howden Deutschland AG

Die Howden Deutschland AG ist ein Industrie- und Spezialversicherungsmakler. Als sechstgrößter Makler in Deutschland betreuen wir über 380 Mio. € Prämien für Kunden jeder Größe – von regionalen Firmen bis zu internationalen Großkonzernen.

HORBACH Wirtschaftsberatung GmbH

HORBACH Wirtschaftsberatung GmbH

Seit über 40 Jahren beraten wir Privatkundinnen und Privatkunden sowie Firmenkunden im Bereich Finanzen und Versicherungen. Wir stellen die Träume und Pläne unserer Kundinnen und Kunden in den Mittelpunkt und erarbeiten gemeinsam einen persönlichen