Smart ways to handle salary negotiations

economictimes.indiatimes.com:

The organisation will offer you a salary package that it thinks is suitable for both the parties. However, it will give you an opportunity to present the numbers you desire. At this very moment, the ball will be in your court. Now, how well you play will heavily influence the final verdict. It may come as a surprise to many that a lot of individuals fail to do the necessary talk but accept the company’s offer without making any negotiations, simply because they are too scared to put forward their opinion. Probably why it’s important to prepare yourself and keep a few strong points up your sleeve before agreeing to any salary structure. Already feeling the pressure building up? Don’t worry. We have curated a list of a few effective ways to help you ask for a pay that you truly deserve. 1) First, do a thorough market research – To be able to quote the right figures, you must first search about the current salary trends for the position you wish to take up. This will give you a clear idea about what exactly is the average pay for a specific role — based on factors such as your experience, educational qualifications and skills. For authentic responses, you can either connect with the people from your industry or visit websites such as Glassdoor, LinkedIn, Indeed and PayScale to draw salary comparisons.

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Confidently presenting your numbers with factual data to your manager will convey that you know the market. This will ensure the manager will be forced to consider your proposal before taking the final call. 2) Next, decide a salary range – Bear in mind, it is always beneficial to provide a salary range and not stick to a