Question: How Much Should You Counter Offer?

How much more should you ask for when negotiating salary?

As a general rule of thumb, it’s usually appropriate to ask for 10% to 20% more than what you’re currently making.

That means if you’re making $50,000 a year now, you can easily ask for $55,000 to $60,000 without seeming greedy or getting laughed at..

Can you lose a job offer by negotiating salary?

Most importantly, know this: If you handle the negotiation reasonably and professionally, it’s highly unlikely that you’ll lose the offer over it. Salary negotiation is a very normal part of business for employers. Reasonable employers are used to people negotiating and aren’t going to be shocked that you’d attempt it.

Should you accept the first salary offer?

“Don’t accept the first offer — they expect you to negotiate and salary is always negotiable.” “That’s just not true,” says Weiss. Sure, much of the time there is an opportunity to negotiate, but some hiring managers genuinely give you the only number they can offer. The best way to find out, says Weiss, is to inquire.

Is it bad to negotiate salary?

It’s no myth that failing to negotiate your salary can seriously impact your earning potential. Some studies estimate that failing to negotiate can cost you up to $600,000 over the course of your career. … So it’s clear that salary negotiation is important.

What percentage should you counter offer salary?

A good range for a counter is between 10% and 20% above their initial offer. On the low end, 10% is enough to make a counter worthwhile, but not enough to cause anyone any heartburn.

How do I counter offer for more money?

If you have received an offer that’s not what you expect, you do have a few options: Ask if there is any flexibility in the starting (or future) salary. Consider perks you may be able to negotiate in addition or in lieu of extra salary. Turn down the offer, realizing that the company may not make a counter offer.