When I talk to most people about why they don’t negotiate, they say “I’m just not good at negotiating.” Please. My 5 negotiation mistakes will make you crinch. And then make you want to negotiate for a higher salary.
Here are my 5 negotiation mistakes that costs me thousands in missed income.
- 1. I didn’t ask
- 2. I asked… and then I apologized
- 3. I gave a play-by-play of my previous benefits package
- 4. I asked without a clear goal
- 5. I didn’t realize I could negotiate for more than money
While we will all make mistakes, the key is to learn from them as well. While I won’t be called in to negotiate peace deals, my negotiation skills have improved so that I’m able to confidently ask for a raise, negotiate a contract with a client, and ask for what I need in order to shape my career.
While I may be confident in my skills now, here are 5 negotiating mistakes I made, what I learned, and how you can avoid making the same mistakes.
5 common negotiation mistakes
While these are my worst negotiation mistakes, I hear the same negotiation pitfalls from many of the women I interview. I am a firm believe we learn best from our mistakes and other’s mistakes.
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When a negotiation goes bad, it stings. One’s pride is hurt more than the lost money or benefits.
The worst thing, is I’ve made these negotiation pitfalls numerous times. It took me years to build up the confidence and learn How to Negotiate Your Salary and Earn More Money so I would avoid these 5 common negotiation mistakes.
Now, regardless if I’m discussing rates with a writing client, battling our landlord on rent, or asking for extra Taco Bell hot sauces, I lean on these negotiation mistakes to have the courage to negotiate for more.
1. I Didn’t Ask
You don’t get 100% of things you don’t ask for. My first job out of college I worked hard for a year. I figured if I did the things that were asked of me, I’d do ok. Fast forward to one year in and I was handed an average employee rating with an average salary increase for cost of living. It stung as I saw my co-workers get bigger raises, be rated higher, and get more opportunities for the next year in their career.
When I turned to my mom for advice, she gently pointed out where I went wrong. “If you want to be valued, ask to take on more, do a great job, and then ask to be recognized for it.” Simple.
The next week I marched into my manager’s office and asked to do more, with the objective of being promoted the next year. I think she was caught by surprise (I was, after all, average). But she gave me an opportunity and I knocked it out of the park. Then she gave me another one and I excelled as well. Finally, when it was time to review my year, I confidently asked that I be considered for a promotion and the sizeable raise that came with it. Guess what? I got it.
2. I Asked…and then apologized
After I learned my lesson about not asking, I decided that I needed to be more proactive with my asking. So when an opportunity came along for me to negotiate my salary (I was being offered a salary that was well below market), I decided to ask for more appropriate compensation.
As I made my case, I knew it was well justified. I had the exact experience they needed, came with great recommendations, completely crushed the interview, and they were offering me a salary that was well below market rate.
But right after I finished asking for a higher salary, I faltered. The HR woman I was speaking with was silent when I finished my ask. Uncomfortable with even a moment of silence, I began talking again. This time instead of my well-rehearsed ask, I started to apologize. I apologized for wanting more money, I apologized for asking, and I apologized for not being able to accept right away. I couldn’t stop the “I’m sorry’s” that were streaming out of my mouth.
3. I gave a play-by-play of my previous benefits package
At the end of my final round of interviews with a company, an HR woman walked in to answer any questions and chat with me about the process. This was really a cover for what she actually wanted: my current salary.
I was still in the mode of wanting to please. I didn’t know if I had an offer yet and I was eager to do anything to not mess it up. So when she asked “what are you currently making?”, I responded as quickly and truthfully as I could. I knew I shouldn’t answer this question but I didn’t know how to NOT answer this question. So I told her my exact salary. Then my bonus. Then what my signing bonus was. Then my other compensation like stock options and vacation. I was oversharing and I just couldn’t stop myself.
Surprising to no one, their offer came in at exactly what my current salary was. Now, I’m always prepared, and surprisingly calm, when this question comes up. My responses include:
“I don’t really feel comfortable discussing my salary because the job responsibilities aren’t quite an apples to apples comparison.”
“My current company forbids us from disclosing salary information and I’d like to respect their privacy.”
If they continue pushing:
“If you could share the salary range you have available for this position, I can let you know if that’s in line with my expectations.”
“I can’t share my exact salary with you but my research shows that the market value for this position is $x – $x.”
4. I asked without a clear goal
As I was preparing for a negotiation, I decided to do a little reading on what to say. After perusing google for a few minutes, I came across the rule that I shouldn’t give a number first (by the way, that “rule” isn’t always right).
But that felt great to me. I didn’t want to have to think of a number so I’d just ask for “more” and be happy with what I got.
With that, I went into the conversation. When they came back with a number that was slightly higher than what I was currently making, I jumped. I did it! I successfully negotiated for more!
It was a few minutes after the meeting ended that I began to question what just happened. Was I happy with that number? Was that what I actually wanted? I had spent so much time trying to figure out how to avoid giving them a number, I had forgotten to spend time figuring out what it was that I actually wanted.
5. I didn’t realize I could negotiate for more than money
If you’re in a job that you don’t really like, it can be easy to pile on all of the reasons that it’s not right for you. That’s what happened to me, without even realizing that’s what I was doing. And unfortunately, I didn’t think that negotiating could help me endure a bad job situation, or like my job more.
What I’ve learned since then is that a majority of what you do in your job is negotiable.
At times I felt like I was being crushed by an exhausting travel schedule, only to learn that I could have negotiated to take on different projects or adjust my schedule to make the travel more bearable.
I was burnt out to the point of quitting because a lengthy project I’d been given was exactly the opposite of what I was interested in doing. I didn’t realize until too late that I could have negotiated working on an alternate project or taking on a different project that I actually enjoyed, to balance out what I didn’t enjoy.
When one of my co-workers was let go and I was given her work, I was completely burnt out and didn’t realize that negotiating for more admin help was an option.
While I fretted about having to leave a job due to my husband’s work relocation, I didn’t realize that negotiating working from home was an easy solution.
Main takeaway on my 5 negotiation mistakes
Looking back there are so many things that I could have negotiated for, but didn’t. And those things actually would have meant as much, if not more, than money.
If you’ve made any negotiation mistakes, we’d love to hear. Share yours in the comments below.
Need to some guidance on not making these negotiating mistakes?
Did you know that negotiating your salary one time can add over a million dollars to your earnings over the course of your career?
That’s kind of a big deal. And so is the confidence you get from knowing that you can ask for and get what you want and need in your career.
My negotiation guide gives you the negotation framework you need to persuasively make that ask. We’re not talking negotiation theory that works in a classroom but not in an office. This is a simple framework that gives you the confidence to use your own voice and get what you need: research. prep. ask.
Fill out the form below and I will send you the kind of email that makes your day. It will have the link to download my negotiation guide so you can start earning more money. Get the salary you deserve, fill out the form below.
research. prep. ask.
Did you know that negotiating your salary one time can add over a million dollars to your earnings over your career?
- I'll show you how with my 3 part system: Research. Prep. Ask.
- 3 videos included with practice scrips
- Free access to Not Your Father's Negotiation Course, a $97 value
Erica Gellerman is a CPA, MBA, personal finance writer, and founder of The Worth Project: personal finance and family travel. website. Her work has been featured on Forbes, Money, Business Insider, The Everygirl, The Everymom, and Lifehacker. When she's not writing about personal finance you can find Erica exploring Europe from her temporary home base in London.
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