Michael DeSafey | Executive Recruiter and HR Professional

Skills Series: Negotiating Salary And Benefits

Negotiating Salary & Benefits

Skills Series: Negotiating Salary And Benefits

Date : September 14, 2023 | By : michael_desafey

Negotiating your salary and benefits can be a daunting task, but it is an essential part of the job search process. In this chapter, we will discuss strategies for negotiating salary, benefits, and work-life balance in the construction industry.

By following these tips and guidelines, you can ensure that you are getting the compensation and benefits you deserve while also maintaining a healthy work-life balance.

Researching Compensation and Benefits

Before you can begin negotiating your salary and benefits, it’s important to do your research. Here are some tips for researching compensation and benefits in the construction industry:

  1. Check online resources: Websites such as Glassdoor and Payscale can provide insights into average salaries and benefits for specific job titles and locations.
  2. Talk to your network: Reach out to your professional network to gather information on compensation and benefits at other companies in the industry.
  3. Consider industry trends: Stay up-to-date on industry trends and changes that may impact compensation and benefits in the construction industry.
  4. Know your worth: Determine your own value and what you bring to the table in terms of experience, education, and skills.

Negotiating Salary

When it comes to negotiating salary, it’s important to be prepared and confident. Here are some strategies for negotiating salary in the construction industry:

  1. Know your bottom line: Determine the minimum salary you would be willing to accept and be prepared to walk away if the offer is below that amount.
  2. Focus on your value: Highlight your experience, education, and skills to demonstrate your value to the company.
  3. Be flexible: Consider other forms of compensation, such as bonuses or stock options, if the salary offer is lower than expected.
  4. Practice your negotiation skills: Role-play with a friend or mentor to practice your negotiation skills and build your confidence.

Negotiating Benefits and Work-Life Balance

In addition to salary, benefits and work-life balance are important factors to consider when negotiating a job offer in the construction industry. Here are some strategies for negotiating benefits and work-life balance:

  1. Identify your priorities: Determine which benefits and work-life balance options are most important to you, such as flexible scheduling or telecommuting options.
  2. Consider the company culture: Consider the company culture and the types of benefits and work-life balance options that are typically offered.
  3. Be prepared to compromise: Be willing to compromise on some benefits or work-life balance options if necessary, but be clear about your priorities.
  4. Ask for what you want: Be upfront about your expectations and ask for the benefits and work-life balance options that you want.

Conclusion

Negotiating salary and benefits can be challenging, but with research, preparation, and confidence, you can ensure that you are getting the compensation and benefits you deserve in the construction industry. By researching compensation and benefits, focusing on your value, and identifying your priorities for work-life balance, you can negotiate a job offer that meets your needs and sets you up for success. Remember to be prepared, flexible, and confident in your negotiation, and don’t be afraid to ask for what you want. With these tips and strategies, you can navigate the negotiation process and take the next step in your career in the construction industry.

Michael DeSafey is a leading executive recruiter for professionals in the construction, engineering, and environmental industries. He is currently the President of Webuild Staffing: www.webuildstaffing.com. To learn more about Michael, or to follow his blog, please visit www.michaeldesafey.com.

5 Steps to Successful Employment Offer Negotiations

5 Steps to Successful Employment Offer Negotiations

Date : August 22, 2017 | By : michael_desafey

Many job candidates in the construction industry fail to negotiate when they receive an employment offer. Failure to engage in employment offer negotiations typically stems from an applicant’s lack of negotiation skills, fear of rejection, or worry that attempts to negotiate will anger a hiring manager. Construction and engineering professionals should arrive at the negotiating table armed with current salary data and a summary of their special skills. Below are five tips designed to help professionals in the construction and engineering industries successfully engage in employment offer negotiations.

1) Do your research. Arrive at the negotiating table armed with the latest statistics and salary trends in the construction or engineering industries. Make sure that the data you reference possesses the following attributes:

  • Citing data from the past twelve months will help your case.
  • Statistics and salary data that you cite should correspond to the position you seek and your qualifications.
  • Cite data from credible sources such as the U.S. Bureau of Labor Statistics

2) Have your brag book on hand. Do not be afraid to remind employers of your accomplishments, awards, and notable projects you managed. You should also reference any contributions you have made to your local community. Summarize your professional achievements and activities in an organized format that will delight employers and enhance your odds of securing your dream offer.

3) Highlight your special skills and certifications. When you negotiate for additional compensation or job-related perks, you need to be ready to justify your value as an employee. Examples of relevant certifications or special skills that would help your negotiation efforts include the following:

  • Certified Construction Manager (CCM)
  • Certified Professional Construction Certification (CPCC)
  • Construction Engineering Certification

Be prepared to compromise. Ideally, you will succeed with your negotiations. However, there is a chance that an employer will reject your request or present a counteroffer. Remember to respond gracefully regardless of the news that you receive.

5) Follow up. It is unlikely that you will receive a confirmed offer immediately after you finish negotiating with a potential employer. In most cases, hiring managers will require time to finalize a decision and prepare an updated offer. In the interim, follow up with the employer to express your appreciation for considering your request.

Do not enter approach employment offer negotiations without a strategic plan. By following the tips above, you can increase your odds of success at the negotiating table and receiving the employment offer that you deserve.

Michael DeSafey is a leading executive recruiter for professionals in the construction, engineering and environmental industries. He is currently the President of Webuild Staffing www.webuildstaffing.com . To learn more about Michael or to follow his blog please visit www.michaeldesafey.com

Simple Tips For Negotiating Your Salary..

Simple Tips For Negotiating Your Salary..

Date : August 23, 2016 | By : michael_desafey

Is the job perfect for you but paying less than expected? Negotiating your job offer’s salary is a delicate topic of discussion. Figuring out what to do after the offer has been made is challenging but there guides to finding the right path.

Do your research. For a new position, doing research about the job often helps determine a starting point. Establish what is an average salary for the position, especially if you have not had a similar experience. Take some time to think about the position and ask friends or family employed in similar jobs. Prepare yourself.

Don’t shy away from negotiating. Women statistically have more difficulty navigating this conversation. Whether the reason is that they lack experience or do not want to seem too pushy, women often end up settling rather than having the discussion to reach an agreement. It is generally easier to see someone else having this conversation — so put yourself in their shoes and think about whether you would advise a friend to take the offer. Stay positive and confident

You don’t have to already have the job to start negotiating. That is a misconception. According to Human Resource director Lisa Morris, the verbal offer is the best time to have that conversation.  Your potential employers will want to know if you are unhappy with the compensation and, if they are serious about the offer, will try to adjust until you both agree. If the subject has already been discussed but you still aren’t confident, look for alternatives such as a scheduled pay raise, defined benefits, or leave time. No job offer will be perfect.

Work with the facts and show your worth. When conferring about salary, don’t focus on the numbers but have a specific value in mind. Presenting facts encourages the employer to counter their original offer with a higher value. With the right conversation, you may reach a figure close to the one you had planned. Define your personal worth. If the job offer has been extended, skills you possess are in demandBe concise and polite to show that you will make a great member of their team. Make sure to present yourself in a way that does not make you appear arrogant.

Don’t accept their offer right off the bat. If you do, you might take away the opportunity for negotiating. The phrase “selling yourself short” applies. Accepting the first number thrown your direction may decrease your value. Use phrases like, “I really appreciate the offer at $42,000, but I was expecting $45,000 based on my previous experience.” This will start the conversation on a positive note but let the employer know where you stand. 

Be prepared for rejection. While you are offered the position, chances are it is a “take it or leave it” situation. From the employer’s point of view, there are many factors that weigh in when making an offer with a precise value. Rarity of skill, economy, level of position, and several other things must be taken into consideration. Ultimately, the price offered may be the only one available in this situation.

After all is said and done, your acceptable pay rate is your decision. While this is a topic to approach with subtly, it is not impossible. The choice to navigate the conversation about your salary is not in the hands of your employer. 

Michael DeSafey is a leading executive recruiter for professionals in the construction, engineering and environmental industries. He is currently the President of Webuild Staffing www.webuildstaffing.com . To learn more about Michael or to follow his blog please visit www.michaeldesafey.com

How To Avoid The Most Common Mistakes When Negotiating A Job Offer

How To Avoid The Most Common Mistakes When Negotiating A Job Offer

Date : July 5, 2016 | By : michael_desafey

When you’re looking for a job, one of the most stressful aspects of the process is handling the salary conversation. We’ve always been taught it’s impolite to talk about money, and yet, there you are, meant to be haggling away and assigning value to yourself that should match a secret number your potential employer has in mind, too. It can seem like a minefield to navigate, but there are some common steps to this process that will help you move forward, especially in the construction and engineering industries, where numbers can depend on conversations that job seekers often have a hard time with. Here’s how to avoid the most common mistakes in salary negotiations

Giving too much information: A potential employer will likely ask you what your current salary is, or what your requirements are. If they ask this early on, be aware: you don’t have to answer this directly.

If you’re hoping to make a vastly higher number than your current salary; you will give some leverage for the employer to offer you less early on. You’ll lose any kind of ground you can gain later in the interview process through negotiating–once you will have proven your value. Now, you do need to respond, and you should decide the way that you may feel most comfortable beforehand. One option is to do your research: use a salary calculator (like this handy one here) to determine an average salary range for your title and location, and use that number to create a salary range to offer to your potential employer. Or, if early enough in the process, simply and politely let the interviewer know that you’re aware of the industry standards, and appreciate their consideration along those lines for the position. Read the situation for an appropriate response, and practice answering these questions often so you won’t be caught unprepared and share numbers you weren’t ready to give yet.

Not negotiating at all: Some people are afraid that they’ll ruin their chances by being too demanding, or appearing greedy. But it’s a mistake not to ask for a salary that meets your value, especially if you feel that a salary offered isn’t ideal; often, companies can certainly afford much more than what they offer, and they’ll start at the low end of their range. As long as you do your research in terms of appropriate salary levels, you’ll likely be proving that a) you know your true value, and b) you’re an assertive, smart, and hard-working person they’d be lucky to bring on board. So, when offered a salary you’re not thrilled with, do respond by politely suggesting a number more in line with your needs, and the backed-up reasons why it’s realistic (your experience, your value, industry standards, and so on).

Taking negotiations personally, rather than logically: This goes hand-in-hand with the previous tip. Your future employer will not be hurt if you ask for more money–it’s a business transaction. So conversely, you need to remind yourself that their offers are solely based in business reasoning as well; they’re not at all personal. When a low salary is offered, it isn’t a reflection on you, and your response shouldn’t be emotional. It should be a counter backed up with facts and numbers that show you’re worth the number you’re putting forward. Consider, even, asking a question to keep conversation flowing evenly and in a friendly way: “Would you consider raising the amount by X to fully address the level of experience in this industry I bring…?” Try not to be flustered or caught off guard, because the calmer and more assertive you’re able to be, the more you’ll show your negotiating partner that you know what you’re doing, and you’ll see this through.

In a full negotiation, you may not always get your exact desired number, but with the right approach and research, you will very likely find that you’ll have a better outcome and salary than you would have before. Professionals who take the time to do some research before beginning the job search will find it makes a great difference in your take-home pay/benefits later.

Michael DeSafey is a leading executive recruiter for professionals in the construction, engineering and environmental industries. He is currently the President of Webuild Staffing www.webuildstaffing.com . To learn more about Michael or to follow his blog please visit www.michaeldesafey.com