Heres a tip to help you supercharge your salary negotiation.

A friend wants to re-negotiate his base salary to be within the range of peers in his field. We looked at a salary survey website and found that he is quite underpaid. Can a person re-negotiate their salary? Is it better to quit and then get re-hired?

Salary negotiation early in one’s career can have a huge impact on the affluence they have in the long run. The biggest impact is determined by the salary they negotiate before their first day of work in their job.

In advance of salary negotiation, it is imperative for you to know exactly what your salary value is. If you do not know how much you are worth before negotiating salary, then you will find it very difficult to ask for a salary that matches what the job market will pay.

A colleague of mine was asking me about how to approach a potential new employer about their salary expectations, and the timing of the conversation. They were worried it might set the wrong impression or give the employer a negotiating edge if they discussed the salary too soon. My rule of thumb is to never lie to any employer about your salary history or salary expectations, but to avoid the discussion until you have nearly gotten the job.

Are you underpaid, and over worked? Do you put in excessive an effort in your career life and give up too much of your free time? Are you a consummate professional and in need of a pay raise? If so, you’re one the millions who are in the same boat.

Well it is common knowledge that the American economy is in the middle of a financial slump, and that economic downturn is affecting trading partners in many other countries, recent studies have shown that when it comes to many employers there is still room for negotiating your salary.