What do you do if your blockchain skills are undervalued during a salary negotiation?

What on earth is a "blockchain skill" 😂😂 really curious to know ..........................................................

Understanding how blockchain works is basic fundamental that one can google it over. Even getting to use the jargons words relating to a blockchain. A true value of one who knows about blockchain is understanding how to put it to a commercial use or improving security, process etc. Your worth will truly apply to an organization who will use block chain in solving their challenges or improving their operation or commercial matters. The question on the undervalue of one salary has nothing to do with blockchain rather the usual before going to any sort of interview, expectation must already be aligned prior. Every role has a budget.

Before negotiating, know the value of your blockchain skills by researching industry standards. Consider factors like experience and company size. Use this info to confidently advocate for your worth. Highlight how blockchain can benefit the business, showing its potential to streamline processes, boost security, and create new opportunities.

"Blockchain skills" cover a multitude of areas across the industry. At the beginning of the interview process be sure to narrow down on exactly which area of blockchain tech the hiring manager/company are looking for to see how your existing experience and knowledge will fill any gaps. Throughout interviews, lean on your track record and communicate effectively how this impacted business performance during your prior roles. This will give weight during salary negotiation and minimise the potential of undervaluation and an under offer.

Negotiating a blockchain salary can be tricky. Research market rates to ensure you're asking for a fair wage, but be cautious of overvaluing your skills. Don't assume you're "average" – confidently present your unique value. However, be prepared to walk away if the offer doesn't align with your research and the impact you can bring. Remember, there are skilled professionals everywhere. Evaluating your offer objectively can help you avoid overconfidence and land the right position at the right value.

Well....If your blockchain skills are undervalued during a salary negotiation, it's crucial to present tangible evidence of your expertise, such as successful projects or certifications. Communicate confidently about the value you bring to the table, emphasizing how your skills align with the company's goals. Don't be afraid to negotiate respectfully, highlighting the demand for blockchain expertise in the market. Remember, it's about finding a win-win solution where both parties feel satisfied. And always keep your cool 😎💼💬💰.

A good way to show your value to the company is by giving advice on how they could improve their business process or goals through the use of blockchain technology. This will help the company to realize that you have innovative ideas and could provide value through your skills and experience. For example, if you’re interviewing with a company in the supply chain industry, you could demonstrate how recording data on the blockchain could streamline their process and create more transparency. Explain how this could improve customer trust in their company and lead to more revenue. It might be helpful to create business models, slideshow presentations and/or proof of concepts so that your pitch is clear and your value is evident.

In order to leverage demand, you have to make sure that you have expertise that is hard to find in the market. This could be learning a programming language that is not yet popular. It may also help to specialize in skill sets across multiple industries because this could give you a competitive advantage. For example, blockchain technology has recently began to merge with artificial intelligence and many companies are looking for candidates who have knowledge and skills in both fields. If you have a demonstrable skill set in both of these industries then you can leverage this to increase your value in the company’s perspective. You could argue that you’d save them the cost of having to teach another candidate.

Blockchain skills are often undervalued, especially if you talk about them. Globally, engineers who explain about their skills won't make the most out of salary negotiations. Blockchain is open source. The best proof of skills is to show the tech, smart contracts and dapps you are able to build in 2 ways: 1. show the work you have done. Show the smart contracts, dapps and blockchain projects that you have built, where those projects were successful or not. Explain the context. 2. make a real life case study. Develop on top of the blockchain project you intend to join. It's open, anyone can suggest code improvements. Just do it. It will even help getting accustomed to the company's code. Explain the context. And show the work/skills!

My advice when entering any negotiation is to write out a business plan in bullet points. So you can be clear on the key points that you wish to get across regarding your value and what you’re going to bring to the table. However, doing due diligence on the opposite side, being an employer or a company that you’re negotiating with is key . As to what are they looking for, what are their objectives and goals for the future, are they motivated by money or enthusiasm or up skills or quality - play to those strengths . It is important to understand what is essential to you might not be the same for the other negotiating party.