In the movie, “Jerry Maguire,” Cuba Gooding, Jr’s. character, Rod Tidwell, was very focused on money and getting the biggest financial payout he could. So much so, that his phrase, “Show me the money!” resonated with millions of people and has been said by many for years.
In your career, like with professional athletics, securing the largest dollar amount you can get with a job offer is important. But, just like with professional athletics, there are other things you can negotiate which may be just as important (or more important) than just gaining extra dollars.
Below is a list of just some of the things beyond base salary you can often negotiate when you receive a job offer:
Additional vacation/PTO
Car allowance
Conference attendance
Flex time or home-office options
Incentive compensation percentage
Job title
Membership/professional dues (especially if tied to a relevant certification for the job)
Parking
Performance review schedule with corresponding compensation increase
Relocation bonus or temporary housing
Reporting structure
Sign-on bonus
Start date
Stock options
Technology budget (cell phone, tablet, etc.)
Training and development
Tuition reimbursement
And more!
Now, the higher the level of your position, the more latitude you have with your negotiations and the more options you can negotiate. For instance, if the job is more junior, the chances of securing stock options is pretty slim (depending on the organization, of course!). But, by remembering there’s more to negotiate than just base salary, you can end up with an offer package which really meets your needs and helps to boost your excitement for your new adventure!
Until next time….