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Funfani.com - Spreading Fun All Over!INFORMATION CLUBInterview Tips / Job Tips11 Salary Negotiation Tips That Will Help You Get The Package You Deserve
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shahrukh
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« on: October 07, 2015, 02:20:51 AM »

Salary negotiation is a tricky game. That’s because your opponent is a smart, shrewd HR manager who will cajole, coax and sweet talk you into accepting that offer letter. Don’t let that happen. Turn the table with these salary negotiation tips and walk away with the hefty package you deserve.

1. Know your worth


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shahrukh
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« Reply #1 on: October 07, 2015, 02:21:13 AM »

Rhonda Byrne’s law of attraction applies here. If you desire a higher salary, ask and you will get it. All you have to do is smartly negotiate and prove your worth. Self-doubt and low confidence will never get you what you want. Therefore, first know what you want and then demand.

2. Don’t be desperate

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shahrukh
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« Reply #2 on: October 07, 2015, 02:21:30 AM »

Sometimes, most of us get so desperate for a job, that we say yes to any offer immediately. Don’t make that mistake because it will only get you less than you deserve. Take your time, quote your number and wait. Don’t be desperate.

3. If you want a 30% hike, ask for 40%

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shahrukh
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« Reply #3 on: October 07, 2015, 02:21:42 AM »

That’s because people in HR are a pack of shrewd people who will bring it down to a 27-28%! Therefore, always, always quote higher. And if they aren’t ready to pay you what you want, then just do point no. 4.

4. Always show a counteroffer from another company

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shahrukh
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« Reply #4 on: October 07, 2015, 02:21:53 AM »

The trick here is to tell the employer that they are not the only option you have. Telling the HR that their competition is eyeing you as well, will increase your value and lead to you eventually cracking the deal. Alternatively if you’re still working, tell them that your current company is ready to give you a raise, better than what these guys are offering. That should definitely crack the deal.

5. Take your incentives and bonuses into consideration and then demand higher

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« Reply #5 on: October 07, 2015, 02:22:07 AM »

Calculate the incentives and bonuses you got in your previous company, and demand more accordingly. That will be a huge component to increase your CTC.

6. Don’t get aggressive while negotiating. Be logical.



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