I applied to an investment bank and quoted a fixed CTC range of x to x+5 LPA. HR said they would record it as x to x+1 LPA due to budget constraints, and interviews proceeded. I’m now close to receiving the offer, with salary negotiation pending. Should I expect x+1, or is there realistic room to push toward x+5? Do HRs typically keep some buffer at the initial stage for negotiation?
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no since u already agreed with x+1
I agreed for the interview with that budget for sure. Don't you think there is still a bit of room for negotiation?
State the bank, your level and asked CTC. Someone will surely give an estimate. Come on, X and X+1 kon karta hai
Rising Star
No one knows what is X here. If I put X as 50 then it's 51-55 LPA and not a big difference.
tech stack ?
AI/ML
All depends on role pay grade if you are in between that range you can ask x+5 ,check the same designation salary from ambition box
The Ambitionbox/ levels.fyi numbers are smaller than my current pay. I am unable to conclude anything from those sites.
It will always be the lowest number you would accept. In your case you have said x. Unlikely they will offer you something more than the lowest number
I agreed for that number before the interview was even scheduled. Also, my performance review was pending back then. I am just curious when the HR says that she has a budget constraint, would she be keeping a buffer?
X is very strange variable.
Have you received an offer letter or not yet ? If yes then in how many days/week.
Recently I had given interview where 2 technical rounds happened and HR said there will be 3rd round too Managerial cum HR.
Just wanted to know how much time they usually take to give offer.