How do you negotiate salary with a close friend?

How to negotiate a salary with a friend? This is a question that many people ask themselves, but it’s a question that’s hard to answer. There are so many variables when it comes to negotiating with a friend, and the answer will depend on what kind of relationship you have and how long your friendship has been established.

Negotiating a salary with a friend can be tricky, especially if you’re not familiar with how it works. It can be a handful especially if you don’t prepare on your end.

In this article, we’ll discuss how to negotiate your salary with your friend to avoid awkwardness or resentment. We’ll also cover what to do if they say no, and what tips and tricks can make sure that doesn’t happen.

How do you respectfully negotiate a higher salary with a friend?

The Boss at Work, Keep It That Way: First and foremost, it’s important to note that your friend who is the boss is your friend outside work and a leader at work. For this reason, you have to respect boundaries and do what is necessary when you want to negotiate a higher salary with any boss at all. To ensure that you are not overstepping boundaries, you should do the following:

1. Be respectful: When negotiating a salary with a friend, it’s important to remember that this person is still your friend and your boss. That means you should treat them with respect and dignity—as any employee will do for their employer.

2. Be confident: Ask for what you want, but don’t be afraid to negotiate if you meet resistance from your friend. You mustn’t be afraid of them or yourself, which will make it easier for both parties about how to negotiate the salary without fear of being taken advantage of or held back by their emotions (which can lead to bad negotiation tactics).

3. Be assertive: You need to take charge of the process and be assertive enough in your approach that they don’t feel like they’re being taken advantage of or bullied into doing anything they don’t want to do—which also helps keep things friendly.

Do your Research

As easy as it sounds, some people still head over to their boss’s office without any clue about what they want the salary increase to look like. Don’t make assumptions about your salary expectations. Like every opportunity you get in any organization, you must do research on the amount other people in your field are receiving as their salary. This is very important and should not be ignored. Have a range in mind or a figure but be flexible with it too.

Set Up a Meeting

The next thing to do when negotiating a better salary with a friend is to organize a meeting to talk about it. Depending on the type of relationship you have with your friend, it’s more professional to set up a meeting to negotiate a higher salary raise. As your boss or manager, it will be wise to send an email requesting some time to speak with them.

Start Negotiating

This is where tip one is necessary. You should use your research to negotiate and don’t forget to be respectful, confident, and assertive too. You should also be as flexible as possible as one of the tips on how to negotiate your salary with your friend. Being rigid will put you in a tough spot and you might not get any salary raise at the end of the day. So, practice flexibility.

When They Say “No”

If your friend is truly your friend, they won’t turn you down that easily. Rather they will try to make ends meet. This will happen mostly when the company does not have enough funds to negotiate a better salary increase at that moment or they are having a company upgrade. You should be as understanding as possible. You can ask when it will be possible to come back to this discussion so the topic isn’t closed completely.

What’s the best way to negotiate a salary with a close friend? It can be tricky, and we’ve provided some tips in this article.

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