If you are a workaholic and a good performer at your job but still feel that you are underpaid, then this blog to learn salary negotiation is for you. Additionally, if you are a fresher and companies are not willing to pay you well, then this blog is for you to learn the tips and tricks of salary negotiation.
Having a salary discussion before interview
- Research for salary band of the company at different levels.
- Ask HR for the salary band for that role
- If not getting a clear picture, then have a clear picture of the XYZ amount below which you won’t be able to join.
- Delay the salary negotiation part for the latter phase of discussion if you receive a band idea.
- Know about the current job market situation, and salary bands at different organizations as per your designation or experience.
- Also have a verbal agreement for a XYZ figure from HR before interview starts.
Having a salary discussion during interview
- Is the person asking salary expectations going to be your reporting manager or HR?
- Politely refuse the discussion if the person asking is not reporting manager or HR.
- Don’t give a very extended figure if he/she is going to be the reporting manager.
- The possibility of the person asking for salary expectations and going to be the next colleague is high. Further, it can lead to workplace uneasiness.
- Deciding on salary on the overall outcome of the interview is better.
Having a salary discussion after interview
- Try to have a quantitative figure of your interview result.
- If the result is very optimistic, try to negotiate for a good hike.
- If the result is average and your priority is a job change negotiate for a respected salary.
- If the result is not up to mark and your priority is a job switch low negotiation is preferable to get the offer letter.
- If not satisfied with the received offer refer to the next section for salary negotiation after receiving the offer letter.
Salary negotiation after receiving an offer
- Have clarity on company salary bands appearing for job interviews.
- For companies with high salary bands salary negotiation might not be required.
- For companies with low band for freshers’ salary negotiation will be required.
- Have a rough figure in mind about the expense around the city in which you expect the job.
- If facing difficulty in receiving an offer priority shall be to get an internship even with less pay but convertible to a job offer in the decided time frame.
Fresher looking for job first time
- Have clarity on company salary bands appearing for job interviews.
- For companies with high salary bands salary negotiation might not be required.
- For companies with low band for freshers’ salary negotiation will be required.
- Have a rough figure in mind about the expense around the city in which you expect the job.
- If facing difficulty in receiving an offer priority shall be to get an internship even with less pay but convertible to a job offer in the decided time frame.
Read Next : Commonly Asked HR Interview Questions
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