Know that you’re in a good position right now

“First and foremost, there are more than a million job vacancies in the UK. This is a sign that employers are struggling to recruit the talent they need,” Payne explains. “It also means that there are likely to be plenty of opportunities, should you choose to leave your existing role. It means workers are in a strong position to negotiate a higher salary with their existing employer or new ones.”

Be confident

Angelos says: “Confidence and assertiveness are key in salary negotiations. Clearly express your desire for a higher salary, and be prepared to back it up with reasons and evidence. Avoid being apologetic or defensive, and maintain a professional and respectful tone throughout the negotiation. Remember, you are advocating for your worth and expertise.”

Do your research

“Do your homework, putting together a valid case,” Payne advises. “Try researching how much your role is paid elsewhere – a recruiter will be well-placed to provide you with this. If you’re being paid lower than the average, you’re in a strong position to put forward your case.”

Focus on what you’re bringing to the table

If you’re pushing for more pay at your current job, Payne recommends that you “make a list of your achievements, the value and the difference you’ve made in the business – reference points if you’re asked why you deserve a pay rise.”

The same logic goes for a new role. Highlight the wealth of experience and knowledge you’ll bring to the job to explain why you’re worth more.

Choose the right time

“Choose the right timing for your salary negotiation,” Angelos advises. “For current job negotiations, consider timing it during performance reviews or when you have achieved significant milestones or accomplishments.

“When interviewing for a new job, wait until you have received a formal job offer before discussing salary. Avoid bringing up salary too early in the interview process, as it may send the wrong impression.”

Be open to negotiation

“Salary negotiations are often a give-and-take process,” Angelos says. “Be prepared to receive a counteroffer from your employer or potential employer, and be open to further negotiation. Consider other forms of compensation such as bonuses, equity or additional benefits if a higher base salary is not feasible. The goal is to find a mutually beneficial agreement that meets your financial needs and aligns with the company’s budget.

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