How to Bargain for a Higher Salary at Home Depot
Negotiate your salary if you believe you and your skill set are worth more than your offer! At The Home Depot, 33% of men and 21% of women said they negotiated their salaries. Home Depot employees make an average of $113,882. In Atlanta, The Home Depot ranks in the top 35% for compensation.
Although negotiating your salary during a job interview may appear to be a daunting task, doing so can result in an increase in pay that is tailored to your specific needs and expectations. You can put yourself in a strong position to receive a higher offer from the company by employing smart tactics and being prepared with evidence of your worth.
While it is important to be confident in what you are offering and know how to present yourself, it is also important to maintain a friendly and professional demeanor throughout the process. After all, if the company believes you would be a valuable addition to their team, they are more likely to negotiate a fair salary with you.
The Three Ps of Negotiation
Position, Preparation, and Persistence are the three “P’s” of negotiation.
Position: Start by putting yourself in the shoes of the company. What is their first-year salary? What is the going rate for that job? Are you willing to settle for less than the going rate? Companies may not be willing to negotiate a lower salary if it means reducing staff or costs.
Preparation: Learn everything you can about the company, its policies and procedures, and what is considered an appropriate wage for your position. Understand how benefits work, what holidays are included in the contract, and any other job-related special considerations. Additionally, look into comparable salaries in your field of expertise or within similar companies.
Persistence: Continue to push until you reach an acceptable agreement. Keep in mind that negotiations are frequently won or lost during the initial requests made by both parties. Stick to your guns tenaciously – don’t let yourself be walked away without a deal!