As an employer, how do I stay in advantage when negotiating salary with potential staff?

[Fidelia]

One of the tactically demanding aspect of being an entrepreneur is negotiating salary with a potential employee.

How can an employer stay on the front foot when they are negotiating salary with a potential staff?

 

[Min George]

Always try to propose a salary range first to a potential employee as an employer. Don't propose a figure but a range.

 

[Augusta]

Understand the Value of Fair Compensation.Aim for Win-Win Scenarios. Articulate Your Organization's Salary Strategy

 

[eLdavis]

I think the best way to stay in country is to set clear boundaries even before the conversation begins.

 

[Kross]

An employer can set an urgent timeframe for the potential employer to accept the offer leaving the applicant with pressure to accept.

 

[Augusta]

Decide on a Pay Range. Assess your company's financial situation and decide how much you want to allocate for this role.

 

[Min George]

Always have more than one candidate that you are interviewing so the recruitment exercise can be competitive.

 

[kit_hung]

First do some market research to find the average salary. Then set final budget and add other benefits besides salary. Also let them name the initial salary if I settle with my offer.