So I told my boss last month I was planning on leaving, and I was pretty straight up with him that it was about the money.
Now he's told that they really want me to stay on, and was saying he was willing to negotiate more salary, extra holiday etc.
I'm only 24, this is my first real job and I've only been here 2 years, I have no idea how to go about this.
My current package is:
$3000 per month
$700 rent subsidy per month and travel expenses (I sometimes get sent long distance to other branches for up to 3 months)
So how do I do it? Should I go in high and then negotiate into the middle? Should I ask for their best offer and try and negotiate from there? I do like this job and I don't actually have an alternative lined up, so this has been a bluff from me so far so wat do i do?
You should attempt to find another job with the salary you want.
Even if you get what you want at your present position, you're probably going to be seen as a disloyal careerist(not that there's anything wrong with that.) You'll be able to stay for a while, but eventually your going to have to move one anyway.
If you can't find something in short order, go in high but reasonable. Use Glassdoor for others with the same title at competitors or whatever as supporting evidence.
Main reason I don't really want to switch employer is that I plan to go to graduate school in the next 2 years so a switch now probably won't gain me much
I work in an education company, mostly aimed at foreigners, expanding company at the moment setting up near universities with lots of foreigners. I work on setting up the network and training drones to use the software. Basically a glorified network admin.
I just recently got done doing this, but it was more along the lines of being horrifically underpaid to having a salary close to market-value.
All and all, don't be Mr. Cool Negotiator Badass. Be a human being and be honest. Do you research and figure out what your skills are valued at in the market, and start on the higher end of that. The key is to know what you SHOULD be making. If you pull a bulllshit number of your ass, you'll fail. Do you research. Be prepared.
1) Be prepared to walk away from a deal you don't like
2) Don't let them wiggle out of paying you money in return for "extra holidays" or "Better healthcare" or shit no one cares about. You told them it is about salary so keep the negotiation focussed on that.
3) Justify any number you pick with comparable salaries elsewhere
4) You may have worked with these people for a few years but they are not your friends, so don't expect them to be friendly. They want exactly the same as you: as much money as possible.
First off, never let them know you don't have something else lined up. Straight up lie and say their biggest competitor is interested in you.
Find out what the average is for your position with your experience. Aim 10% higher than that unless you're way below it for some reason.
Go in and say that other company is offering you %15 higher than what you're at and that if they can meet it, you'll stay. Be prepared to come down some. Make it seem like they won a little bit too.
Stick to salary, fuck extra vacation days and other bonuses.
GET IT IN WRITING WHEN YOU ARE DONE!
Too many fucks say that they will put it into effect at some time in the future.