If you’ve recently interviewed for a new job, things went well, your references have been checked, and it’s clear they’re dying to hire you, before you sign on the dotted line, take the time to negotiate.
If you’re in high-demand, you’d be foolish not to ensure that you get the most out of your new position as you can, not only in terms of your salary but in additional benefits too.
Here are some important benefits you should try to negotiate with a new job offer, whatever it may be:
Saving for your retirement years is important if you don’t want to be working forever or living like a pauper in what should be your golden years, which is why you really need to negotiate a better deal on your 401 (k) match. If they really want you, most companies will be willing to up their offer a little, and it will mean that you have much more financial security in the future.
Workers comp isn’t exactly a benefit- it’s a kind of insurance that ensures you’ll get a payout if you’re injured at work. However, it’s always a good idea to ask about it before starting a new job in a career that’s traditionally more hazardous, like construction, because as any workers comp attorney can tell you, it is usually easier to get compensation through workers comp than it is with a traditional personal injury claim against an employer. The latter could cost you thousands with no guarantee of a win and leave you stuck with huge medical bills, unable to work and no money coming in!
Medical costs are on the rise. In fact, they have risen by more than 83 percent since 2005! This means that should you, or a family member gets sick, you could be looking at bills in the tens, even hundreds of thousands of dollars. That’s why it’s a good idea for you to work out how good the medical insurance they’re offering is and whether you’re out-of-pocket expenses will be bigger if you change jobs.
Wellness programs don’t often figure high in a list of reasons to embark on a new career or nor, but they are a benefit that is very much underrated and which you should try to negotiate with your new employer. Seeing if they will throw an annual gym membership in exchange for you paying a smaller medical insurance premium could help you to have more money in your pocket at the end of the year and keep you healthy, so it is well worth considering.
You might also want to think about negotiating ongoing professional development before signing on that dotted line. The more opportunities you have to learn, grow and build your knowledge, the easier it will be for you to advance in your career and make more money in the future, so although it might not seem like a vital benefit now, it is likely to pay off in spades in the future.
Being brave enough to negotiate is the only way to get the best deal for you. Good luck!