What are some effective salary negotiation straegies?

like
Posting as :
works at
You are currently posting as works at

Last year I was looking for switch, gave an interview, I told HR I want atleast 60% hike and in the end negotiated with 45% hike with some variable. I stayed in my company, accepting a counter of 50% hike with no variable.
This year I gave an interview in another company asked for 80% hike, negotiated to 65% hike with some variables.
Both cases are first interviews, not having other offer in hand.
HR will always try to negotiate, so have a window of 10-20%. In second case, I am making much more than in first case in same company but still ended up with higher hike.
Morale of story, GO BOLD!

like

Get an offer and ask the next company to pay better than the first offer you have in hand.

Always try to have another offer to negotiate with. Always start with a higher number than you'd like and move down from there. Provide a range if you're pushed to, but otherwise ask what they think the position deserves in terms of salary rather than telling them what you want.

Counteroffer. Tell them you got an offer from another company and if they'd like to offer the same or even higher. You can also use your yoe, skills, relevant experiences and expertise.

Related Posts

Need urgent advise:

Will it be wise decision to switch from
Deloitte usi to zs associate, for 35 percentage hike?

ZS Associates Deloitte software development track (Businesses technology)

like

Hi Everyone,

I having below offers in hand. Please guide me for a wise decision in selecting a company

L&T - 10.5 LPA
INTELLECT DESIGN ARENA - 8 LPA
EMPOWER RETIREMENT- 10 LPA
FUJITSU- 11.5 LPA
TEKIZMA - 7 LPA

CTC is not a matter. I need good learning, WLB and good culture.

like

Do you feel that you are earning ENOUGH? Satisfied with your pay and wlb?

like

Hi everyone,
So I have had my offer from AWS come in. L6 non technical (demand generation team manager)
Do I negotiate the salary? How do I know what I can negotiate - can the RSU be negotiated?

like

Hi - I have been asked to join as Senior VAT Analyst at Pure Storage. Can someone suggest how much should I ask CTC? And what do you think about the company?

like

Does anyone need a hr coordinator, or entry level talent acquisitions coordinator that is 100 remote? Remote jobs are extremely competitive and when I find job posts on LinkedIn there are already over 100 applicants. Very competitive!I am open minded about salary,I have so much interest in expanding my skills. I have about a year of recruiting in the staffing industry and 6 months as an hr assistant for a corporate/manufacturing company. MA in Hr and will be testing for phr in July. Thank you

like

I'm trying to choose between IBM Corporate Strategy and Innosight. I like both opportunities. Innosight pays more, but I've never had a big brand like IBM on my resume. Additionally, I'm worried whether Innosight's exit opportunities are slimmer than IBM. Would anyone have some advice on what I should pick / how I should think about this?

like

3 attorney firm. I’ve been here for 6 years and have used Westlaw exclusively. Now we are switching to Lexis because apparently Westlaw is too expensive. I hate change. I know where everything is on Westlaw and now I need to relearn. Apparently Westlaw will not budge on price and would rather just see a client leave than work with them. Super annoying. Any insight on negotiating Westlaw or transitioning to lexis?

like

B1 to B2 , how much hike will get in cg, eligibility criteria?

like

How practice premium is given in the monthly payslip

like

What is the increment cycle in tiger analytics?

Had an offer for 30% more , a promotion to manager, extra week of vacation to switch firms. I love where I am at with my clients and there is a lot of potential there. Should I stay the course?

like

I have submitted the BGV details on the link shared by HR.
When can I expect the salary discussion with HRs?
Are they really listen about the salary we are asking.
How long will it take to get the offer letter from now?

like

What’s the TC for Uber Sr Regional Ops Manager roles? Preferably those in Amsterdam and London.

like

Hey All,
Exp : 8.6
Exp On Mulesoft : 4.8
CTC : 20 LPA
Offer holding :
31 Fixed Infinite Computer Solutions
32 fixed from @Nahil (Saudi based gave 32 fixed (no TDS))

Current company: Infosys
I am waiting for the offer letters from
EPAM Systems asked 35, but selected for D3 role so 31/32 LPA.
Genpact (Enquero global) asked 35, not sure they can give or Match?

Which one to join, I am planning for long term commitment. Please provide your thoughts.

like

Did anyone from INFOSYS after accepting got their CTC revised by showing them a higher offer? Infosys

like
like

I just received an EY Senior II offer in NYC with base salary of 115k. Is this typical for this position in NYC or should I fight for more?

like

Urgent
Hello guys, Tomorrow is DOJ in INFOSYS and I have asked 1 week back for CTC revision by showing CGI OL and my HR told me that I got all approvals and will send my revised OL. Till now I didn't get. Yesterday HR told I will get it today. My DOJ is tomorrow. I am tensed. I have asked the CGI to offer to revise my date to dec 10th. Will infosys give it today or they are double crossing me?

like

More Posts

How do we think COVID-19 is going to end?
A. Vaccine is found
B. Testing, social distancing stamps it out
C. We develop herd immunity to it
D. We learn that it’s not as lethal as previously thought

like

Bain & Company Coming as an AC at Bain & Company with 0 tenure credit, is it possible to be promoted to SAC in 1.5 years if you're a high performer, or is it 2 years minimum?

like

Recommendations for residential craftsman? Want to build a floor to ceiling shelving but have baseboard heating.

Post Photo
like
like

Hello,

Can anyone please tell me about the deputy manager band 2 profile in icici bank..
What kind of work it has??
Do we get team or individually have to do sales??

Will there be any repercussions if I don't join Capgemini after accepting the offers letter?Capgemini

likehelpfulfunny

Thoughts on homage watches?

like

Birthday present from the best wife of all time. Snagged the last Santos in store.

Post Photo
like

My h1b got picked up in lottery this year but case hasn’t been processed yet. Meanwhile I also applied for H4ead extension. What happens to it when H1b gets approved?

helpful

What other cards to add to my collection? I have AmEx Platinum and Chase Sapphire Reserve. Fly Delta so AmEx is handy for lounges. Use Sapphire for dining/travel. Should I add Chase Freedom Unlimited?

like

Anyone who has 2+ years of experience in Salesforce. There are openings in Accenture.

likesmart

Which company is good to join ?

like

I have been selected at citi but HR is unable to release offer letter. This is because I have worked for citi as contractor or consultant in past but I don't remember my SP ID or GP ID which Citi provides to its temporary employees. HR is checking my SP ID or GP ID which was allocated to me in the past but I don't recall it is. HR is checking this with US team and this process is taking time. If they cannot extract it due to some reason, will they release my offer letter? Please clarify this.

like

Help! With the season change my face is so dry. Even after moisturizer it looks like my foundation was applied on top of snakeskin. Any suggestions for moisturizers or something else to help?

likehelpful

Background Investigation-What happens if I mark do not contact my employer in the form? How do they verify employment in such cases? Also, I am thinking of giving the ‘work number’ website and my company code details in the supervisor information, has someone tried that before?

like

Anybody here (or your spouse) on an L2 EAD and not received the renewal before your current one expires? What did you / your employer do?

like

All,

What should I expect in a post-interview recruiter video call? Scheduled for 8 days after the final partner interview.

Email said next steps but no verbal offer yet.

Appreciate your help.

Additional Posts in Tech India

like

How do you leave a DM chat on here?

like

Asshole move by Microsoft to turn office into subscription service

like

Which is better Career Opportunity - Data Analyst or Cloud Engineer !?

like

Do all FAANG companies offer a joining bonus?

likehelpful

Hi Friends,
Does anyone knows how is MorningStar(Gurgaon) for QA automation engineer?

YOE - 4.7 Years

Morningstar

Post Photo
like

Best institutions to learn AWS Devops

like
like

What are some 1-2 year experience roles at MAANG companies?

like

Please share reviews on Opus Consulting , which are there major clients and wlb, policies

like

Any fishes here born in 2000’s ? How do you adjust yourself to the generation gap in your team?

like

Its scary the way startups are laying people off!

like

Hi Fishes,

Is
Nagarro the only service based company which pays really well...means at par with product based companies? Nagarro

What is the Expected Salary for 12 yoe Java aws developer?

like

Which is best company Among following to join after 6.5 year of experience considering wlb and culture

TIAA
Wipro
Predikly
Infostretch

Thanks in advance

like

Till now i have lost around 10 lacs in stock market which includes 3lac taken from father, my friends tell that acha time ayega , hope they are right. Just want to stay away now from stock market.

like

Currently iam working as a Senior analyst in operations. However, is it good to go for Data analytics rather than continuing in the same Supply Chain field?

like

When you fake it, till you make it.

Post Photo
likefunny

We don't get salary of last month during notice period then when is it given?
How could someone manage who is living paycheck to paycheck
Ps: This is the first time I am switching

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal