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Efficient Salary Negotiation at job Interview


 Salary negotiation commonly takes place when you are going for interview as a fresher candidate or you are changing jobs. Getting selected in a job interview is only half the job done; the other half is negotiation in salary. When negotiating a salary, correct timing is a chief factor to consider. Salary negotiation is very valuable factor because it sometimes happens that most deserving candidate gets very low salary compared to less laudable is paid higher. There are certain guidelines used by various companies for salary negotiation. You should not hurt the interviewer nor should you show your upper hand as these things gives you a negative mark during the interview. In some jobs there may not be any level for negotiations, you simply have to accept or reject what is offered. If you do not like offered salary by interviewer simply look for another job.

 

When you think of negotiating about the salary then first question arises in your mind as to how to negotiate. It is epochal to get the job offer or reach the final interview first before negotiating the salary. There are some companies which do now provide negotiation and desire to pay the salary which they feel is suitable for the candidate. Salary negotiation is a progressive process in modern corporate sectors. We negotiate over everything in our day to day life be it grains to finalizing big deals. Usually the interviewing panel contains an HR person, a technical person and a Psychologist. You should always keep in mind that they are people with brains and they are can read your mind clearly. They can judge each and every point of you. You should never try to act smart and demand large money.

 

There are various distinct conditions that one would face regarding the salary that he or she is offered rely on the type of job and the type of organization. While negotiating the salary, it is best not to risk out information first. Ask the employer the range they pay for this position and what a fair and just compensation would be according to them. If they give some figure, you can always improve on it. Start on the higher end of the scale because they will negotiate as well.

The common benefits provided by the companies to their employee are as follows:

 

• Causal leaves

• Sick leaves

• Med claim

• Health insurance

• Vacation allowances

• Car allowances

• Pension plan or 401K

• Housing Rent allowances

• Health care

• Paid leave

• Expense accounts

• Profit sharing and Stock options

• Educational reimbursement

• Company-sponsored training

• Flextime.

There are some alternatives if you could not get the salary negotiation are as:

• You can ask your employer to judge your performance for a prospective promotion after a year of working within the organization.

• Some bonuses are the other way of increasing the total financial package which is completely related with your performance in that particular time period.

 

 


About the Author

Nitish Singh

 This is a common interview question asked by the interviewer to candidate. So you should well prepare for a short description about yourself. Briefly explain your academics and your marks if you acquire good marks otherwise ignore it. Explain in short about your family background and your hobbies. In the last describe about your strengths and weaknesses and goals and achievements