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| *Ostroff, Fair and Company>>>Other - Careers & Employment |
Salary negotiation? |
Hi experts, I need your help in salary negotiation with my HR in this week and here is my case: I have a total of 8 years plus IT experience and I have joined this company a year ago. And during my negotiations with HR, I have been told that half of that experience is not relevant to present position and as a result I never got what I wanted/ what I deserve. However in the past one year working on different projects, 80 % work insisted me to use all my 7 years of previous experience and appraisals got over just now. Since I have got only 8% hike and my experience is not considered anywhere in the process, I have raised this issue with my head which he further put me to HR and now the issue is with HR. I would like to listen from you all to get the best deal. I would like to mention here that I am in a very critical project and company is finding hard to get people in this expertise. I have following specific questions: 1.How do I negotiate with HR to get best deal? 2.How much percentage of hikes I can ask for if my salary is 4.88 L? Please also note that I have joined this company last August with a package of 4.5L and appraisal is effective from April. Thanks for your time and advice in advance -Dk There are seven rules to remember when negotiating a salary. 1. Know your bottom line. 2. Let the Company start the money talk first. 3. Avoid money talk, even if the interviewer brings up the subject. If you are asked, "What are your salary expectations for this position?" Say, "I am quite flexible in terms of salary or "I am looking for a salary that is suitable for my experience and skills as they relate to the challenges of the position." 4. He who speaks first loses. If asked what your salary expectations are say, "My salary expectations are open." Or "My salary history has been progressively competitive." 5. Always speak in terms of ranges. 6. Speak of your market value, not of your needs. 7. Understand the bounds of reality. The higher the position the easier it is to negotiate. Entry level positions tend to have little negotiating room. I hope this helps you. Peace and blessings Got a better job lined up? Just tell them that the Job used your past experience, and they are incorrect in their assumption. You feel you aren't being paid enough to make you feel valued. And if you have another job lined up that is better - say that unless you receive a salary of $X whatever that may be - you will be giving your notice of leave. Otherwise you can't really do much, unless you maybe bribe the human resource person saying you will get them a little coke on the side - perhaps if they hike it up a couple percent you can slip them a bill or two now and then eh eh? Really I have no experience in this and I wish you the best of luck. u grdy s-b p.s. don't forget to plant a virus before you leave - even better if you have it on a timer so if they start watching you latter it will still happen - make sure it is fool proof and remember to get the company records to sell to their competitors. only part of this (mostly at the top is serious, I wouldn't consel to commit a criminal offense) This is the problem with not having staff union representation and having them negotiate for you. The unltimate weapon in pay negotiations, for a union, is the withdrawal of labour through strike action, if a satisfactory offer is not made. As an individual you do not have this option. What you can do though is intimate that you are giving consideration to applying for jobs elsewhere. If you have evidence (e.g. job adverts) that similar positions pay better elsewhere then this may help, although the employer may wait for evidence that you are actually applying elsewhere before they make any offer. You will need to give them reason to believe that if the current offer is not improved upon then you will seriously (reluctantly) be looking for alternative employment. Unless you do this, why should they bother paying you more when they know you'll stay and work for them at your current salary level? ex union rep. |
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