No matter what hiring managers say during interviews, there's still room to negotiate salaries in today's economy. Many companies have no trouble attracting a large pool of applicants, but finding someone qualified is the challenge. That makes you — if you're skilled and lucky enough to be chosen — at the head of the bargaining table.Have a look at these seven tips to negotiate your next salary.

Know your valueWhether job seekers are new or seasoned, they

should know exactly what skills they can offer. More experienced job seekers should not only

emphasize their work, but provide specific examples of what they have done in the past to show what they can offer in the future.

Less experienced applicants should show examples from past internships or schoolwork to prove their skills. This can include writing samples, letters of recommendations, and presentations.

Research the position's salary

The key to negotiation is being “SMART”. Research the potential position's average

salary and make sure you are coming within a reasonable range.

If you have connections at the company or a similar company, ask for advice on what is reasonable.

Ask higher to meet in the middleAfter researching the position, always ask for a little bit more than you expect, so you can meet in the middle with your employer. If you are just starting out, only ask for a small amount more than what you expect to receive, but if you are at a higher level it's good to ask for a few thousand more and leave wiggle room for negotiation.

Stay confidentConfidence is extremely important for negotiations. It makes the employee seem self-assured and eager to work at a company. Again, providing specific examples of what you’ve accomplished shows that you are proud of your work and abilities.

Explain previous circumstancesIf your previous salary was far lower and due to extraneous circumstances such as waiting for a yearly review or mass layoffs, make sure to clarify. Your new salary may be adjusted based on your experience and skill level, and employers often understand these types of situations.

Negotiate for more benefits or vacation

If salary negotiation is impossible, employees should try for more vacation days or personal days or to pick up immediate coverage for healthcare rather than wait for several months to be covered. This way, they will at least get something extra if the salary cannot be improved.

Compare job offersIf an employee is fortunate enough to have two job offers, comparing both in negotiations can definitely help. Normally if it is a similar position, there will not be a vast difference between the two, but it is absolutely a good leveraging tool for more money.

Still, if you are not happy…..Explore following links• 10 ways to boost confidence in a job search • How to sell yourself in an interview • How to fill the gaps in your resume• List of the most unusual resume mistakes • Seven ways to make the most of your new job• Readers share their job search 'don'ts‘• or register yourself @ Linkedin

By Sugata Chowdhuri

INSIDE BOSTON.COM