I have two interview calls this weekend. Can anyone guide me on how to work out/negotiate a salary increase with the employers? What are the tips to be remembered while doing so? My current CTC is Rs. 4.90 PA.
Regards,
P. Karthikeyan
From India, Madras
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Regards,
P. Karthikeyan
From India, Madras
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While negotiating a job, please keep the following in mind:
1. **Take-home:** It's not always about the salary, but your take-home. Please make sure you have a clear view of what you would be able to take home every month. Numbers that look big on the appointment letter might not be the same on the payslip.
2. **Benefits:** It includes health insurance and several other fringe benefits, such as housing, travel, education, and other memberships. Please weigh properly what you need and how much you would use. Hence, go for the job that covers the benefits as per your needs.
3. **Role:** The role given to you should be the one that can take you to your next level. Often, the role marketed at the time of the interview is very different from what you would finally work. Hence, ask questions, such as how a day in the job would be. Be absolutely demystified. Recruiters tend to glorify certain areas of work. Please ponder without any false hope.
4. **Brand:** The brand that you work for will bring you credibility. Hence, weigh which brand is valued more in your vertical.
Finally, do share with the recruiters that you would want to stay motivated in your role. You would offer them the value for the amount you are intending. Show them how you are worth this in your existing role. Speak with a view on the future, sharing how you intend to grow in your role with added responsibility and certifications/education. You have to project the CTC as an investment in you. You have to position yourself as a prospective talent; only then would you be able to negotiate your cost to the company.
Regards,
Cite Contribution
From India, Mumbai
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18731. **Take-home:** It's not always about the salary, but your take-home. Please make sure you have a clear view of what you would be able to take home every month. Numbers that look big on the appointment letter might not be the same on the payslip.
2. **Benefits:** It includes health insurance and several other fringe benefits, such as housing, travel, education, and other memberships. Please weigh properly what you need and how much you would use. Hence, go for the job that covers the benefits as per your needs.
3. **Role:** The role given to you should be the one that can take you to your next level. Often, the role marketed at the time of the interview is very different from what you would finally work. Hence, ask questions, such as how a day in the job would be. Be absolutely demystified. Recruiters tend to glorify certain areas of work. Please ponder without any false hope.
4. **Brand:** The brand that you work for will bring you credibility. Hence, weigh which brand is valued more in your vertical.
Finally, do share with the recruiters that you would want to stay motivated in your role. You would offer them the value for the amount you are intending. Show them how you are worth this in your existing role. Speak with a view on the future, sharing how you intend to grow in your role with added responsibility and certifications/education. You have to project the CTC as an investment in you. You have to position yourself as a prospective talent; only then would you be able to negotiate your cost to the company.
Regards,
Cite Contribution
From India, Mumbai
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Salary Negotiation.pdf
Career Growth Meter-check.doc