July 9, 2010, Newsletter Issue #157: Salary Negotiation Factors

Tip of the Week

Here are a few marketplace factors to consider before negotiating salary:

• number of qualified applicants versus number of jobs in the marketplace
• typical salary range for specific position
• state of the economy
• current health of industry
• success of particular company as compared to general industry
• cost of living in specific job location

All of these factors can affect a company's ability and/or willingness to pay a higher salary.

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