Top tips to negotiate a pay-rise for a Conveyancing Solicitor
by Heat Recruitment
Irrespective at what stage you are at in your career, when it comes to taking the next step up, conveyancing solicitors and FCILEx will at some point have to strike the right deal for them in monetary terms. For some, negotiating a pay-rise can be daunting but it doesn’t have to be.
Here we take a look at the steps you can take to prepare you in the best way possible for your negotiation.
Know your worth
It’s important to firstly make sure you have a range of information to support your case in favour of a pay rise. Research the salaries of your peers performing the same role in other companies, and benchmark this against the industry average. For instance, while typical starting salaries for newly qualified conveyancers will range from £16,000 to £24,000, those with three years or more experience and entering a senior management position can see this rise to between £25,000 and £60,000. Try not to get too hung up on this as every company is different, but at least you know your options a little better.
Something to show, something to offer
Another key tactic in getting that pay rise is to identify your best achievements with the firm. Show your employer just how important you are to the team by looking at your achievements over the last 12 months and the difference you have made to the firm or business itself. For instance, consider any key contracts that you’ve managed or clients, estate agents and solicitors that have been particularly impressed with your work. Get together a portfolio of all of your best work to really showcase what an essential member of the team you are and how the business will continue to benefit from you being there.
Within this, it’s also important to possible consider mentioning other tasks you are willing to take on in order to be worth that little more. Offering something in return that will also benefit the company is a surely be a contributing factor to getting your pay rise.
Focus on being confident in yourself. The very nature of a solicitor is their skill as a negotiator for their clients, so take full advantage of this as if you were talking to your clients. But remember that your boss knows all the tricks and it is important to keep in mind that you need to keep the powers-that-be on your side. You wouldn’t want to make an awkward work environment and be seen as throwing the toys out of the pram because you didn’t get your way. Equally, if you decide to leave, you could be throwing away a positive reference that you may need in the future.
Be sure to make the first offer and prepare to compromise.
Whilst preparing to negotiate, remember to be the first person to suggest a salary. Beforehand, know what your minimum will be as well as your ideal package but also know how far your willing to float around that offer. Starting off high will give you the leverage in the debate but with having clear research and your work results by your side, the negotiation will hopefully end on the higher end of the spectrum.
It’s understandable that when money is involved, conversations can be a little awkward and uncomfortable. You negotiate for a living and this outcome with directly affect you so play it smart and make sure to prepare thoroughly before even arranging the meeting.
If you’re searching for a role in Legal Conveyancing, get in touch with our specialist team today.
By Ryan Plummer