3 Ways To How to accept job offer after Failed Negotiation
If you’ve had to make the difficult decision to decline an offer, you may be disappointed when they call you with a new, even better one shortly after.
However, it’s important not to let your pride get in the way of accepting this job if it’s still an opportunity that you want and your skills will be used effectively.
Use these three steps to accept the job offer after a failed negotiation and turn what could have been one of your biggest career mistakes into a huge opportunity instead.
Know your worth
If you’ve been offered a job and you feel like the salary or benefits are not what you deserve, the first step is to figure out how much your skill set is worth. The easiest way to do this is by looking at market surveys.
But it can also be helpful to talk with people in your industry who have experience negotiating salaries. Here are some of the things you’ll want to know before accepting any offer:
Are there other companies that might be willing- and able -to offer more?
What’s the pay range for my position within this company?
What does this company typically offer for my position? -What percentage increase would I need to accept this offer (e.g., 10%, 15%, 25%?)
How much would I need to make each year (after taxes) in order to achieve my personal financial goals?
If you’re still unsure about whether or not the offer is fair enough, take time to think about the pros and cons of turning down the job. It’s always better to negotiate from a place where you have multiple offers on the table rather than waiting until after you’ve accepted one.
Take some time off
The first thing you should do is take some time off. It’s likely that you’re feeling so frustrated and discouraged right now that you don’t want to think about the job or interview process, but the fact is that your brain needs time and space to digest the experience.
That way, if you decide that you want another opportunity in this field at a later date, or if your company offers other opportunities within the company, then you’ll be able to take advantage of them when they arise. But as much as possible, try not to think about work at all for awhile.
Allow yourself to heal from this rejection and avoid any stress that might come from worrying about what’s next. Next, start looking for a new gig: Once you’ve given yourself enough time to recover from the last job interview, it may be time to start looking for new opportunities elsewhere.
But before you head out on your own hunting trip, talk with friends and family members who have been through similar experiences they might have insights into what worked well in their searches (or what didn’t) which will help make yours more efficient. Another resource? Recruiters!
Talk to the right people
If you are fortunate enough to receive multiple job offers after interviewing, it is best to talk with the people who offered you the position before accepting. Sometimes companies will lower their salary offer at the last minute in order to close the deal.
In this case, it is important that you talk with them before accepting any offer and explain why you would like your original offer back on the table.
If they refuse and say they can’t go back on their word, it may be time to ask yourself if there are other factors that contributed to your decision not being accepted.
For instance, did this company’s corporate culture seem less desirable than another? Did they have an opportunity for growth and development that didn’t seem as enticing as another option?
Most importantly, don’t walk away from an offer because you want to negotiate. Instead, try these three strategies for negotiating the offer:
Ask for something different than what you were asking for before; – Ask for something else that is related but not exactly what you wanted before; and – Inform the employer that they need to take care of this in order to have your commitment. If they refuse to work with you on anything at all, then it’s time to say goodbye and look elsewhere.
A lot of people like to call this the walk-away point. That may be too generous a term if there are no changes possible. It’s more like telling them, You’re just not worth my time.
The bottom line is that most employers will be willing to negotiate as long as they see some benefit in doing so–either by getting something from you or by demonstrating good faith. The key word here is negotiate–not demand.