SALARY NEGOTIATION TIPS
September 16th, 2009 Posted by VFreshersTo simply earn is contrastive to yielding to the worth. But, the art of salary negotiation requires more than just plain talking.
For an individual to feel valued, it is essential to initiate a mediation talk with the employers. It is a give-and-take process wherein, both the parties discuss earnings in order to reach to a non-capitulated result.
Some tricks of the trade are:
Probe the resources:
Enquire effectively about the company history, in terms of sales, projects undertaken and remunerations offered. Also, research well, through networking abilities, about the competent pay packets being offered for a similar profile. A probe well-done is half the money in pocket.
Self-Actualization:
The utmost requisite is to know your own worth. Before going in for a bargain, it’s necessary to evaluate your skills in terms of money. Here, value is more crucial than the need. When you are sure of yourself, then only can a confident attack be made.
Dream colossal:
After you have priced your merits, another important pointer is to ask for more. When you dream big, then only can you realize those goals. An initial offer is always lower than expected. So, it’s only right to demand a little more for a trial-and-error hike.
Sell yourself well:
It requires a lot of practice. Starting from the revelation of your USPs, you should elaborate your experiences and additional traits, to win the employers interest. Also, it is a smart move to accrue your contributions & responsibilities in the new job.
Riant cheek:
The best way to win over an employer is to evince passion for the job. Demonstrate your love and thirst for the offered prospects with a happy face. This helps in rapport building. With a pleasing persona, it’s easier to charm the hiring agents.
Hoot your horn:
There is little scope for crude talks. The art of mincing comes into play here. One needs to apply tactics & be articulate with words to set the tempo. A positive ideation goes a long way. You flip once, and it costs you the ‘almost’ secure position.
Tacit response:
“You need a reason for your speech, but none for silence”. This is the keynote in salary bargain. Delay the pay talk. Let them speak first and exhibit their offer. Take time to appraise it and, make open ended comments; as it leaves a scope for back-up negotiation.
Big picture:
It is always advisable to weigh the pos and cons efficaciously. The salary is not the only criterion to judge a job prospect. The add-on benefits that are rendered alongside in the name of allowances & growth vista are equally significant. So, it is crucial to evaluate the entire package as a whole.
Be it a fresher, or a mid-career professional, salary hike is desired by every individual. Thus, highlighting yourself as an indispensable candidate for the firm is the basic antic for salary negotiation on your terms. Go get a pay raise today!

