July 24, 2009, Newsletter Issue #6: Dos and Don’ts of Healthcare Management Salary Negotiations
Tip of the Week
Most professionals don’t enjoy salary negotiations, but it’s an important part of the hiring process. Making a counter-offer, backed up with solid research, can solidify your worth, resulting in higher compensation. Read on to learn the dos and don’ts of salary negotiations for healthcare administration jobs.
Do take into consideration your experience. Those with more experience should be able to command higher wages. When negotiating your salary, make sure to point out the level of knowledge you bring to the table.
Don’t forget to do your research. While online salary calculators can give you a ballpark figure, it’s important to conduct an informal salary survey. Simply contact human resources offices of comparable healthcare organizations, and ask for a salary range for healthcare managers.
Do show some flexibility. Negotiation is a two-way street, so remember to give a little.
Don’t discuss how much money you need to earn. Bringing personal circumstances into the picture, like how much you need to pay your mortgage, won’t win you any points with the employer. Instead, discuss your experience and knowledge.
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