What to say if you aren't offered enough money in a salary negotiation (2024)

Negotiating salary for a new job is stressful. The chance to do so only happens every so often, and when the moment comes, it feels both high stakes and extremely personal.

People are generally most concerned with feeling unprepared or worrying about an unpredictable outcome, says Andres Lares, managing partner at Shapiro Negotiations Institute.

These nerves are normal and healthy, but it could help to think less about what you could lose in a negotiation and more about what you can do to prepare, Lares tell CNBC Make It: "Even if you can't get everything you want, it's about doing everything you can to walk away knowing you've done your best."

He recommends thinking through all the possible scenarios that could come up in the negotiations process, and to have a script ready for how you'll respond in each case. Here are a few ways to do that.

Discussing salary throughout the hiring process

First of all, when and how you should bring up pay during job interviews will depend on your situation. If the job description already lists the range, or if you're confident about your number and have a lot of interviews lined up, you might bring it up in first or second rounds, says Octavia Goredema, an author and career coach.

You could ask the hiring manager to share their budget for the job, or you might be strategic about naming your desired range. Tap online resources and your professional network to get an idea of your absolute minimum salary, your desired target and a stretch number you want to negotiate up to.

By the time you have that offer in hand, you have a lot of leverage to negotiate. "You wouldn't be in this room or on this call if you couldn't do that role. Recruiters wouldn't have time to waste if they didn't think you could deliver on it," Goredema says. "Now we're discussing not only what's required of you, but what you're looking for."

If the offer is way below your minimum

If HR makes you an offer that's significantly lower than what you want, like in the tens of thousands of dollars, Lares says it's worth pointing out.

Leading with gratitude can make a difficult conversation more palatable: "Thanks for thinking of me for this role and sharing the pay. Unfortunately, that's significantly lower than what I would have expected for this."

Next, gauge whether they can be flexible on the offer. Remind yourself, and the other party, that a negotiation is working together to reach a compromise. You can frame it as: "I want to be respectful and not waste your time, but I'm also interested and want to make this work. What's the flexibility on pay?"

Or, it's possible the hiring manager doesn't understand your qualifications or years of experience. Remind them of your candidacy and ask: "Is there a different title or level you're hiring for that's a better fit and aligns with my expected pay?"

If the offer is on the lower end of your range

If the offer is a few thousand dollars short of your actual desired number, it's time to make your counteroffer. At this point, you should have a firm number in mind based on market data and what you personally expect from the role.

Again, Lares says, first thank them for the offer. Express your interest in the role and the expertise you'll bring into it. It can help to focus on all the other reasons why you're excited to take the job, like the chance to grow a team or launch a new product, says Mabel Abraham, a Columbia Business School professor. You can mention how salary is just one component in your decision-making process, and then state (or re-state) your desired salary and why it's in line with the market as well as your qualifications.

Finally, emphasize that you want to work with the other person to find a mutually agreeable number, Lares says. You can keep it open-ended: "What can we do to bring the offer closer to my expectations?"

If the pay matches or exceeds what you want

Good news: HR makes you an offer, and it's in line with what you want. Congrats! But don't accept it right away. Thank them for the offer and say you need time to think it over, Lares says.

Consider if everything in the compensation package aligns with what you want. Is there room to negotiate beyond salary like a signing bonus, vacation time, work-from-home flexibility, health coverage, child-care support or something else?

This tends to be a major part of the negotiations process where women lose out, says Abraham, who studies gender inequities in the workplace. As much as a racial and gender wage gap exists for base pay, it widens even more when accounting for non-salary benefits, she says. For example, one recent analysis commissioned by The Wall Street Journal found women are less likely than men to own company stock, and when they do, they own fewer shares. The difference could mean hundreds of thousands of dollars in "lost" earnings over time.

If you choose to continue negotiating additional non-salary perks, focus only on the benefits most important to you and understand how much you're willing to be flexible.

What to do if you think you low-balled yourself early on

Maybe you've gotten to the offer stage and realize the range you gave earlier was actually too low. But now the company is offering you that number. Is it too late to revise your salary expectations?

Lares says you can bring it up, but frame it less about the money and more about not fully understanding the job itself.

You can say something like: "At the beginning of the hiring process, this was my understanding of the job. Now at this point in the interview process, this is my understanding of the job. In light of that, I think this second role is worth Y. I want to be collaborative — am I understanding this correctly?"

Leave the conversation open to a possible misunderstanding, Lares says. "If you approach the conversation as, 'let's make sure we're talking about the same role,' it allows you to be more sensitive in the way of asking for more money when you do come to an understanding."

Check out:

How much do others make for the same job? Here's where employers are required to share salary ranges

This is the biggest reason people quit—and it's 10 times more important than pay

This 26-year-old negotiated his $120,000 salary by finding out how much his coworkers make

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What to say if you aren't offered enough money in a salary negotiation (1)

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How this 25-year-old earns and spends $33,000 a year in Chicago

Millennial Money

What to say if you aren't offered enough money in a salary negotiation (2024)

FAQs

How do you respond if salary offer is too low? ›

How to respond to a low salary offer
  1. Ask for time. ...
  2. Understand your minimum acceptable salary. ...
  3. Conduct research. ...
  4. Make a plan. ...
  5. Practice negotiations. ...
  6. Show enthusiasm. ...
  7. Negotiate for early performance reviews. ...
  8. Focus on your skills and expertise.
Feb 2, 2024

How do you negotiate salary when you are underpaid? ›

Undervalued & Underpaid? 7 Essential Steps To Asking For A Raise
  1. Figure out how much you are worth. ...
  2. Build your case. ...
  3. Anticipate objections. ...
  4. Request a meeting with your boss. ...
  5. Rehearse. ...
  6. Know your bottom line. ...
  7. Don't hand down ultimatums.
Jan 8, 2024

How do you professionally say that the salary is not enough? ›

If you're sure that you want to decline, consider saying something like this:"I appreciate the offer and your time, but I can't accept this position at the salary you're offering. If the salary range is something that can be negotiated, please let me know."

How to answer for salary negotiation? ›

One effective way to frame your salary expectations is to use a range instead of a specific number. For instance, instead of stating a fixed amount, you could say that your salary expectations are between a certain range. This can give you more room for negotiation while also not sounding too rigid.

How do you respectfully say an offer is too low? ›

The first step is to say thank you. Maintain a respectful tone and tell the hiring manager how much you appreciate them for taking the time to interview you. However, make it clear that the salary they're offering is too low for you to accept — that you know your worth and you're willing to stand by it.

How do I reply to a lowball offer? ›

If faced with a low offer, respond honestly yet respectfully. Mention any higher offers or opportunities you have, stating they're a certain percentage above the current offer. While expressing your interest in the company, clarify your stance on the financial aspect.

How do you professionally say you are underpaid? ›

You might say, “As you can see, my research shows that a fair market salary range is $X-Y. Given my current salary of $Z, I believe I'm underpaid.” Give your boss room to respond and listen to what they say. They should be able to offer more insight into how the company determines salary ranges.

What do you say when countering a salary offer? ›

Make a counter-offer:

I do have a concern regarding the starting salary, however. Based on my understanding of the market value for the position, and my skill set I would expect my compensation to be in the range of $xx to $xx. Are you open to discussing salary?”

How do you humbly negotiate salary? ›

Here are eight tips for how to negotiate a salary that can help you tactfully and confidently ask for what you want.
  1. Become familiar with industry salary trends. ...
  2. Build your case. ...
  3. Tell the truth. ...
  4. Factor in perks and benefits. ...
  5. Practice your delivery. ...
  6. Know when to wrap it up. ...
  7. Get everything in writing. ...
  8. Stay positive.
Dec 4, 2023

How do you say professionally that's not enough money? ›

Different ways to say you don't have enough money for professional relationships:
  1. I'm feeling the pinch at the moment.
  2. I'm not sure my bank account will cope with it.
  3. My finances are tight.
  4. I'm on a tight budget.
  5. I'm not sure I can afford it.
  6. I'm in the red.
Mar 16, 2022

How to respond to a low salary offer email sample? ›

Unfortunately, the offer seems to be lower than the average salary for this position in [Location]. Based on my qualifications, my research shows that the average salary for this position is [Range]. I was hoping for something closer to [Amount], which I feel better reflects my qualifications and the job requirements.

Can you lose a job offer by negotiating salary? ›

Employers expect you to negotiate, and asking for a modest and realistic increase isn't out of the question. However, asking for 40% to 100% more than the original offer is a red flag to a recruiting team. Coming to the table with absurd numbers is a likely way to get your offer pulled.

What points to say while negotiating salary? ›

8 Phrases You Should Use During Salary Negotiations
  • 1. “ Similarly situated employees”
  • 2. “ Market research”
  • 3. “ I would be more comfortable if…”
  • “I want to be as flexible as possible.”
  • 5. “ Value”
  • “If you can do that, I'm on board.”
  • “Can I take time to consider your offer?”
  • “I appreciate your help with this.”
Mar 19, 2023

How to answer how much is your expected salary? ›

You can try to skirt the question with a broad answer, such as, “My salary expectations are in line with my experience and qualifications.” Or, “If this is the right job for me, I'm sure we can come to an agreement on salary.” This will show that you're willing to negotiate. Offer a range.

How do you respond to salary negotiation pushback? ›

What to Say: “I definitely understand, and I'm wondering if we might be able to make a case together to HR about my unique credentials and experience. I've done quite a bit in my previous roles that I feel justifies my move into the next salary band.”

How do you politely decline an offer for low salary? ›

Show your gratitude by saying something positive about the experience, business or role. Explain that you have decided to decline the job offer and share a couple of reasons why. Be honest i.e. if you believe the salary isn't competitive, say so. You could even mention the research you have carried out into salaries.

What to do if you lowballed salary expectations? ›

What To Do If You've Lowballed Your Salary
  1. Address the Situation Promptly. Don't wait until your next interview or scheduled conversation with the hiring manager. ...
  2. Be Transparent and Own What Happened. Clear communication is appreciated. ...
  3. State Your True Salary Expectations.

How do you express disappointment in a salary offer? ›

I regret to say that I was disappointed by the salary you offered. Although I have been out of the work force for some years, I feel I am worth more than an entry-level salary. I have worked extensively on a volunteer basis on the school and community level and have held several responsible positions during this time.

How do you tell your boss your salary is too low? ›

  1. If you're starting to suspect you're underpaid, do your research. ...
  2. Respectfully request salary information from people in your industry. ...
  3. Consider why you might be making less than a coworker. ...
  4. Prepare a compelling case for why you want more money. ...
  5. Practice making the case to your manager.
Dec 6, 2022

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