Effective and practical tips to negotiate your compensation at interviews

Negotiation is one such point where most of the candidates end up dissatisfied after the company HR gives down his/her final figure.

Without a constructive argument on what as a candidate you can offer, the discussion is closed often with presentation of offer document that you have to sign.

Sheepishly, you have to just smile and sign the offer without actually taking the chance of negotiation.  For those people, who are looking for the entry level tips for negotiation, here’s the right place. The article shall offer you some of the practical and effective tips to handle the negotiation hour during your final HR round.

Be confident of yourself: It all basically starts with how you assess yourself. Despite of numerous articles you read, if you are not sure and confident about your self-worth, you will fall flat in the eyes of the recruiter and the strength of argument of your side would get weaker, ultimately accepting what they present to you instead of choosing what you want from them.

So, the first thing you need to work on for yourself is to improve your confidence.

You have to realize that you can actually deliver a better work than what a mediocre guy/girl does. Hence, your self-worth and pay package could be higher.

Know the figures of market: It is advised to do a serious market research on websites such as glassdoor where you get to know that what people of your likes are earning. This ensures that what you are demanding for is at-least not very less and justifies your caliber.

Start with the highest: Start with the highest pay-package of your field and you will end somewhere between 60-70% of your expectation. By the end of the negotiation, what you get falls in your satisfaction range and there you go happily.

Don’t forget to confirm on take-home package: HR and policies of the companies are very smart with all the hidden cuttings and costs involved in the pay. At that moment, be smart and quick enough to actually negotiate on your take-home earning because that’s what will actually matter for your bank balance.