Answered by Rachael, Hiring Expert at Merck & Co., Inc., on Wednesday, January 25, 2017
When it comes to salary negotiations, I would recommend using a salary generating website, like salary.com, which allows you to see what others are earning on average in that field. You can list specific criteria, such as years of experience, education level, industry, geopraphical location, and some other details relevant to the position. This will help you have some information to bring to the negotiation table, showing that you have done your research and you are aware of what the market rate is for that position. Sometimes the hiring company will also ask you what you are currently earning, and often use that number as a starting point. However, if that current rate is lower than what you want, then you can mention that you are seeking a higher salary. It also helps to interview with other companies simultaneously, with the goal of receiving multiple offers, which could help your bargaining power.