Its never " Right timing " for asking a raise. When the market is high, presessure is too much to perform to meet the inflated demand with utmost responsibility. The moment you complete 70% of target, the bar is raised by another 50%. On the other hand if the market/demand is low - how can you ask for anything extra ????
At executive level hiring there's least scope for negotiation. Employer has by default upper hand, he conveys his budget and prospective candidate has to go by or to opt out... blame macro factors (fierce competition at lower level jobs market, paper qualifications beat experience and practical know-how or hiring authorities are paid lacs per month to save thousands of executive level hirings). Candidates made to realise that India is over populated.
Re: Re: Re: How to negotiate salary
by suresh mishra on Jun 25, 2012 10:01 PM
To my knowledge, they have the number fixed as budgeted. So little room for negotiation. However few can be negotiated depending on the urgency, importance of the position & again if budget is flexible.
if you have expereince then you will negotiate salary, employer first ask why u r leaving your present job if i say for better salary, they think later again he will change his job for better salary........how to negotiate for this type of people..what should we say....?
Re: for expereince people to negotiate salary
by Biren Shah on Jun 25, 2012 03:24 PM
Never leave for just salary. Had you considered higher career options or career growth in previous company while asking for more salary? Can you get higher role and so more salary in new company? Or is current company unstable and no open positions for growth and higher salary? Check this and negotiate with new employer.
Re: Re: for expereince people to negotiate salary
by Anand Tamariya on Jun 25, 2012 03:30 PM
Perfect response. Salary alone should never be the benchmark for a job.
Pretty interesting. I have successfully negotiated increase with one employer while I could not do so with the other. Still, I did not under-sell myself. For me, the key point is 'we should not under-sell ourselves in the market' and allow the employer to exploit. As brought out in the article, it is important to look at overall 'value propositon' of the job and salary is one of the many components that determine whether we are in the right job with the right pay. For instance, you may like to accept lower salary if other benefits like lesser working hours, healthy work environment, nearness to your place, comfort in the city etc. So, one has to look at the overall value in choosing the job- not just money.