February 2006
The key to salary negotiation is information. You don't have to be an expert, but you do need to understand the process and strategies of negotiation. You are really not in a position to negotiate until the employer is ready to make an offer or actually makes an offer. Prior to that you must be aware of:

Your Worth—How important is this position within the organization? Research the industry to identify important trends. Investigate salaries of comparable positions within that company and their competitors. Salary information can be obtained from internet sites (such as www.salary.com and www.salaryexpert.com), recruiters, industry salary surveys, professional organizations, job postings and networking contacts.

Your Value—How will you contribute to the profitability of the company? Throughout the interviewing process, you must convey your skills, accomplishments, achievements and interests relevant to the organizations needs and goals.

Your Criteria—What is the minimum salary and benefits you are prepared to accept. Consider the entire compensation package in your decision. Benefits can add up to 30% to your salary package. Negotiate from a position of strength, not need or greed. Prepare for objections with facts.

When you are happy with the final proposal, ask for the offer to be in writing. Request time to consider the offer; allow at least 24 hours before responding. If you are rejecting the final offer, send a courteous note and leave a positive impression.

CEO clients purchasing the Scarlet or Gray package of career services have access to CareerSearch. This database of 2.3 million companies is searchable by industry type, geographic location and keyword and provides company profiles, contact names and competitors. For more information on CareerSearch or the career packages, contact the CEO at 614-292-3503 or careerexploration@osu.edu.
Have you ever wondered what it would be like to take a distance course? The Board of Regents and Ohio Learning Network (OLN) are offering a free introductory course called “E 4 ME” so you can experience e-learning firsthand. Go to www.e4meohio.org to register for the month-long course and designate a start date. At the OLN site you will also find a catalog of distance learning courses being offered in Ohio. If you ever wanted to have a first hand look at e-learning, this is a great opportunity!

You have received this email in response to an inquiry made to the Career Exploration Office. If you do not wish to receive the CEO Career Tune-Up, please send your request to be removed from the mailing list to careerexploration@osu.edu.

Career Exploration Office, 152 Mount Hall, 1050 Carmack Road, Columbus, Ohio 43210-1002
(614) 292-8493 or (614) 292-3503,
www.careers.ohiostatealumni.org, e-mail: careerexploration@osu.edu.