If you are in the process of negotiation with a potential employer and have achieved some deals for salary, don’t stop there – you could be leaving a lot on the table.
Many job seekers – including you, maybe – are looking for a new job for a bigger paycheck. However, your salary might have a limit based on your industry and experience level. No amount of negotiation will raise the offer from the average market salary.
While your salary could not go up from the maximum market salary, you could ask for more non-financial perks from your recruiters, such as a flexible schedule and higher education tuition help. All you have to do is to bravely ask. Do not be afraid to negotiate no matter what the position or level of the job you apply. Negotiating this during an interview will also make you feel better because there is a great chance you’ll receive something more and become an engaged employee when the deal is finally made.
See also: What To Expect during a Job Interview?
Here are 10 hidden perks and benefits you should be asking during your interview:
1- Paid time off
Paid time off could give you both full salary and time to rest. This is a perk most job seekers often forget to ask as they only focus on a bigger number on paycheck.
2- Professional training
These days no job is guaranteed or stable. You need to think less about pension and more about training opportunities that will help you scale in your expertise.
3- Continuing education and licensing
If the position requires continuing education credits to maintain your professional license, you can ask whether the company will cover the expenses incurred. This might include travel budget.
4- Stock options
If the employer you’ll work for offers stock options to employees, you might want to ask for some stock option when starting to compensate for an offer with a lower starting salary. But before you negotiate this, make sure you do your due diligence.
5- Unpaid vacation days
Many companies have moved to the unlimited vacation policy. In this case, you should ask for a guaranteed number of vacation days.
6- Offer a choice to the recruiter
“Or” is the best word to use when you are thinking about what will make you happy at your new job. For instance, I want a 10K more salary or work from home on Fridays and Thursdays. I want a more flexible work schedule or more unpaid vacation leave. A successful negotiation is when both sides win.
7- Student loan repayment
If you are a new grad and salary is not as high as anticipated, you might not be able to pay off that debt looming over your head. Ask your employer if they are willing to offer student loan repayment assistance. This could be a good negotiation because you might not only have to ask for extra dollars per month, rather than a bulk increase in your salary.
8- Transportation stipend
If you have a competing offer closer to your home, you might have the leverage to negotiate for some commuting funds.
9- Work lunch and/or dinner
Some companies offer daily or weekly food stipends. Other companies might offer lunch or dinner packages that will save you tons of money and time which would otherwise be spent on meal preparation.
10- Exercise stipend
Your employer satisfaction is important, but your wellbeing is also important. Therefore, ask for what is important for you to improve your wellbeing. For some, it might be flex hours, a stipend for exercise, or gym membership. These benefits could help you stay healthy which means less sick days and less risk of long-term injury for employers. It’s a win-win negotiation for both.