Salary & Pay Negotiation
Before you start talking pay and salary negotiations with a prospective employer, you need to find out how much your skill set, and the job are worth. You will need to take the time to research salaries so you are prepared to get a job offer that's realistic and reasonable. When interviewing for a new position, salary may not always come up the first interview. You should still be prepared just in case.
We always prepare candidates and clients with expectations with regard to salary to ensure suitability prior to confirmation of interview. We can also provide advice on how to negotiate salary if need be.
Casual vs Permanent
When negotiating a salary, you need to aware of exactly what’s on offer. Casual arrangements are becoming more commonplace and you need to fully understand the implications of a casual status. Confusion is common and can lead to costly misunderstandings. The difference between casual and permanent rates is about 30% and also means that you may forgo benefits such and sick leave and holiday pay. You need to mak sure that it is clearly stated in your letter of offer and employment contract which category you fall into.
Working on Commission
If you using an ABN or ACN, there are a number of issues you need to be aware of. Have a daily rate in mind so when negotiating a commission, your future employer needs to know how much you expect to make on a daily or weekly basis. High commissions don’t always turn into high wages. There may also be GST implications in some circumstances and your accountant should be consulted.