Salary Negotiation Tips for Food & Beverage Industry Jobs
Whether you’re looking for a higher salary or better perks at your current food & beverage organization or trying to secure the best offer somewhere new, it’s up to you to get the compensation you deserve. Below, we share the best salary negotiation tips for food & beverage professionals and executives like you:
- Make sure you truly deserve it. Thinking you deserve more money and being able to back up that belief with data are two very different things. Before you approach the employer, create a list of measurable results that demonstrate your success and position you as an indispensable asset. Offering tangible proof of your value is the best ammunition for salary negotiations.
- View the negotiation as collaborative, not adversarial. Adopting a “me vs. them” mentality immediately puts you on the defensive and creates negative expectations. Approach any conversation about pay as an opportunity to create a package that makes sense for both parties. Taking a collaborative approach positions you as a confident, proactive professional who understands your value and wants to create a win-win compensation scenario.
- Expect success, but have a backup plan. If you’ve done your homework, know your true worth, and can support your position with measurable results, you should enter your negotiation expecting a favorable outcome. But be prepared to handle a variety of scenarios! Think through the negotiation from the employer’s perspective, and prepare yourself for potential objections they may raise. Realize, too, that your employer may not be authorized to accept your proposal immediately. If they say they need time to consider your request, stay calm, positive, and professional. Schedule a follow-up meeting to revisit the issue.
- Be willing to compromise. Successful negotiations are all about striking the right balance. If the employer cannot offer you the salary you’re asking for, consider other forms of compensation that may be acceptable, such as extra paid time off, enhanced healthcare benefits, or an early performance review. Know what you’d be willing to take in lieu of a higher salary before you enter the negotiation process.
Want more food & beverage salary negotiation tips? Read these earlier posts from Kinsa:
- Now Available: 2022 Food and Beverage Salary Guide
- Salary vs. Benefits: Is the Higher Pay Worth More to You?
- How Much Am I Worth? Five Steps to Calculate Your Salary
- Money Talk: The 5 Smartest Questions to Get the Salary You Deserve