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The Salary Tutor:

How to Use LinkedIn to Negotiate Salary

Harness LinkedIn's Public Data to Better Negotiate Salary & Get a Better Job Title

Compare & Contrast

As you can guess by now, Vijay wasn’t content with saying "Well, I’m making X dollars now... it would be nice to get a 10 percent raise at my next position." On the contrary, he detailed out a spreadsheet with industry-related salaries from Salary.com, as well as specifically reported salaries from the company he was looking at from another website. He analyzed the following:

  • Salary, bonuses, cash bonuses, and stock bonuses
  • High, low, and average figure at each level
  • What the predicted stock price for his current and potential employer would be for 2012, 2013, and 2014
  • Predicted raises at his current position over time
  • How much he would be giving up if leaving his current position
  • Since the new position would be in 1 of 2 locations, he accounted for moving costs, state taxes, and cost of living difference
  • Lifestyle factors for his family based on location, weather, etc.
There are four key takeaways regarding Vijay's actions:

 

  • Jim Hopkinson

    Jim Hopkinson is an author, writer, and speaker living in New York City. His focus is on career development for the new economy, showing how new media, technology and branding are changing how people look at their career and lifestyle. Read more...