Since I graduated college (10 years ago) I have had 5 jobs. Recently, I was randomly sought out by a rival firm. So, I accepted an offer for company #6. Job hopping has allowed me to increase my salary over $60,000 in the last five years. I was able to get a bigger jump in salary when moving jobs as opposed to only getting annual raises. Although I have asked for raises in the past, I have never negotiated my salary when offered a job. Not negotiating likely has set my salary back. Even negotiating for an additional $5,000 over my past 5 different companies would have equated to $25,000 more. That creates a much different starting point, leverage, and decision-making position.
However, I negotiated my salary for the first time for company #6!
I'll admit I was nervous and the conversation was awkward in my opinion, but the end result landed me more money and a salary I am more than happy with.
That said, I received lots of encouragement and help from Mr. FIREat40. Also, I had a plan of attack in how to address the conversation.
Plan of Attack: