How To Negotiate a Higher Salary | Do's and Dont's
Вставка
- Опубліковано 15 чер 2024
- Welcome to Maze Winners,
The season of appraisal is here which means a lot of us would be looking to change our jobs! Today, finding a suitable job is not so difficult, but finding one that pays you well is! In this video, let us see how to negotiate with the HR for a higher salary, why should you give importance to this negotiation process and the important Do's and Dont's of negotiation.
For more such videos, please do subscribe to Maze Winners Channel.
Thanks,
Sree - Навчання та стиль
Hello everyone!
First of all, thanks a ton for your support and great feedback for this video. Good to know that a lot of you have been able to negotiate well after using some of the tips in this video! Here is answering some of the repeatedly asked questions in the comments section:
Question1: How can I not tell the recruiter my expected CTC in the very beginning?
Answer: What I meant was - Do not jump into answering this question even without knowing basic things about the job. If the recruiter insists on getting an "expected CTC" from you in the first round (which is mostly a telephone interview), just make sure to ask basic information such as job profile, primary responsibilities, reporting, job location and so on. Make a mental assessment if what you have in mind is okay. Then you can quote your number.
Question 2: How much hike should I ask based on my "N" years of experience/ or for a particular role?
Answer: There is no definite answer to this question. This clearly depends on your industry, the company, the kind of role you are applying for, urgency of the recruiter to fill the position and few more factors. So, as said in this video, please spend some time on LinkedIN and other professional networking sites to know your industry standard. This should give you an idea.
Thank You :)
77k
Great tips mam, thanks for sharing. I have a question do the recruiters verify our current CTC in current company ?
Hi Maze Winner could you answer to these issues? 1. As you mentioned in one point where we shouldn't give our expected CTC to the recruiter. But what should we do if the job advertisement mentions the applicants to share the current and expected CTC wit the application??
2. I have been offered an opportunity for 3 months position with the a counter CTC which was double of my current CTC to which I agreed upon without any negotiation and took 2 days to sign it. Though it was 20% lesser than my expected CTC I shared with them in the beginning of the application and later I got to know through glassdoor the average package for this role in the organisation was the expected CTC I asked at the first place. So shall I renegotiate the salary if they are willing to extend my contract after 3 months??
@@RS-dx2fr i had the same qs. What do we say instead????
@@sundeepmoganti1959 obviously, there will be a payslips verification in the HR round
Negotiation at Thursday or Friday evening, you killed it😂
Haha!! Thank you, Jenifer :)
Vera level input
my current ctc is 3.2 L and I ask for 8.5 L and the company are read to give and also they send me the offer letter but when I asked I want 8.5 L they say okay we are ready to pay you 8.5 L can I ask for more If yes then how i ask ? i still not accept the offer letter please reply any one i have 2 years of exp. ............. Please give me some suggestion
@@akash_gupta_2090 Yes definitely ask for it, if you're with for the role.
Bro one thing I can say you'll feel guilty of you don't ask now and keeping the same point in your brain.
All the best..👍😎
@@akash_gupta_2090 u can ask further if u get some other bttr offer
Finally UA-cam does a great job by showing this video as recommended, thanks 🤗🌷
Thanks a lot, Syam :)
Good insights
haha
Ht4
It's very helpful
I must say i found an amazing content just by randomly scrolling on youtube. Thanks for your contribution !!
Thanks a lot, Piyush :)
I did negotiation first and then UA-cam recommended this video.
and it was happened on Thursday only :)
Well said. Appreciate you giving us the key tips for a successful negotiation!!
Appreciate your wide views! Something useful I have seen about a job change.. in years! Thank you so much
The video we all need. Been searching for a negotiation video for 3 minutes (long time for me), so thanks
Very nice tips, but on a funny note, she has the exact tone and voice of that HR lady who will ruthlessly convince you why they can't pay any more and why you are not worth a penny more than that.
Yeah, I am too noticing the same thing here...
bcoz she is an HR definitely...!
Negotiation at Thursday or Friday evening. Simply awesome idea killed it
Today is Friday evening and just now i sent my mail regarding salary negotitations, and started watching this video. You said that is right. Thank You
This video cleared all my doubts for salary negotiations. UA-cam thank you for the platform
This is what I call a video on NEGOTIATING a salary ! 🙂
No offence to other uploaders however I believe this is the video one must watch prior to negotiations
Thanks a lot, Ankit :)
Yes, especially when you have Lady HRs to deal with... No Offence, but as per my Exp, Male HRs are Generous w.r.t. Salary Negotiations and Female HRs are not...
My request to all the Female HRs --> Please don't apply your "Vegetable Vendor Price Negotiating Skills" to "Job Hiring CTC Negotiations".
@@tjay_79 Lol
It will NEVER work in the reaal world. Stay in your fantasy land and be unemployed for ever.
I can't thank you enough. I received more than a 50% raise on my current salary. You made it so easy and, I was so certain in my interview. All credit goes to you. Thank you so much!
ua-cam.com/video/djkxoo3mntI/v-deo.html
I received 130% raise on my current salary.❤😊
Your suggestions are really appreciable which I’m going to follow right after in appraisal discussion. It seems quite helpful & format which will definitely be in my favour.
Very useful information... Its much needed right now. Literally was hesitation to ask about salary negotiation, even we know that salary is not enough to ur role. Now i have confidence to as my right package. Thank you so much
Thanks a ton for creating / uploading this video. It helps a lot. I have a question for you.
In some companies, we apply online and in the expected CTC box, we can only enter figures. What figure should we put at that time. I understand that during a face to face or telephonic interview, if the recruiter asks for expected salary we can first ask them the overhead amount and then calculate accordingly for a unique figure. But in case of online, please guide what should we do
Best Regards
super!! 10+ yrs of my experience in the industry .. whatever I learnt with HRs you have it way more extra here. AWESOME!!
Thank you so much, Nakul :)
This is a really good video, no-frills, concise and precise to the point ....you should keep making content !!
Gem of a Video.. You know what I Missed it During first Change of Company and Felt that Failed miserably
Ma'am, I really thank you for this insightful video! It made me negotiate my recent salary and I got about 5x offer compared to my last one. I've bookmarked this video now in case I need it later.
This was so very informative , will share this with my friends. Thankyou!
Glad it was helpful! Thanks, Abhinav :)
Watched many videos on salary negotiation, i found this video the best one. Many thanks.
I must say this is a video which is really worth a watch before going for a Salary negotiation/Interview.
Amazing content... It's in the recommendations list and just tried to see what it would be like! Worth watching.... Great and sensible tips.
Subscribed right away!
Thanks.
Finally UA-cam did a great job by showing this video as recommendation. Very useful. And Negotiation at Thursday or Friday evening, this was highlight of the video. Cheers :)
ua-cam.com/video/gn0wwwSG4j8/v-deo.html
Wow.. really a good informative video I came across. Gathered many vital inputs and will try to use them as I'm in job hunt space now... Thanks again!
Thank you so much for the valueable points....I have to attend HR round tomorrow..I will keeps these points in my mind and I will negotiate salary....
These 11 minutes were the most insightful minutes of my life! Thank you!
ua-cam.com/video/djkxoo3mntI/v-deo.html
First of all amazing video. On coming Wednesday I have HR negotiations. I am really amazed that UA-cam showed this video even I did not searched for this.
Anyways, you could have added and talked about joining bonus as well. I think HR has some leverage to offer this when there is no common understanding with salary on both sides.
Same case with me..
First video I have seen on UA-cam with only thumbs up and 0 thumbs down. She made some unique good points, and very logical. 👍👍👍
it is an eye opener video.. who are all hesitating to negotiate their offers.Thank you so much.
Its a gem video, found randomly ! :) Can you please post new short videos specifically for each topics ?
Thanks a lot, Gaurav!! Will definitely try to post :)
Very nice video, unique thing what I have learnt from this video is arriving a specific number of 13.82 LPA. This definitely leaves a good impression on recruiters of our homework on salary expectations.
ua-cam.com/video/djkxoo3mntI/v-deo.html
Negociation on Thursday /Friday!!! that too in the afternoon!!!! nailed it!!! learnt someting, which I was never aware off!
One of the best video on salary negotiation. Pure 10 min content
I must congratulate you for the magnificent job you have done.
Thank you very much, Anmol :)
Thanks a million for this effort of making an video for salary negotiation. It's really helpful for many
Thank you, Maheswari :)
Finally UA-cam recommend me an useful video at a right moment.. you highlighted excellent points.. thank you so much for the video🤝🤝
This is so awesome, thank you so much for sharing this knowledge. Now I feel confident going to negotiate this week. Wish me well. will be following you from now on.
Professional + To the point + Really Helpful !
Thank you, SVR :)
Negotiating a salary package are very easily explained by you. So a candidate can know his/her skills & abilities to ask for maximum package. It's 100% useful video for a fresher & experience person.
Thanks a lot, Naveed :)
thanks for making this wonderful video 🙏 Amazing explanation this actually helps me to face the HR in Salary Negotiation once again thanks a lot ❤️
Appreciate you for sharing this. Some of the tips and tricks seems really relatable 🙏
Very good points to keep in mind when appearing for salary negotiations. Thank you
You're welcome, Ratheesh :)
It came on recommendation list and totally worth it.
Great ! Now I feel someone is there like you to take care of people like. Keep it Good work.
half way thru the video and i have to pause and make this comment on how good and logical is your advice, thank you for making this video
You are great and youtube’s algorithm for recommendation is great.
Thanks a lot, Shubham :)
Nicely explained each point of Discussion and Negotiation, Thank you very much. Nowadays many companies holding some amount from perks on different heads like, a security deposit/ super annunciation for 1 or 2 years which sometimes an equivalent amount of PF. If we left the company on before such periods then we have to lose such amount. The second important Govt Circular awaited on Gratuity clause which has set for 5 years again it is in favor of Company, It is to be started once employe complete 1 year of Job in the respective company.
Thanks a lot for providing this additional information, Pushpak! I'm sure it'll be helpful for a lot of people :)
Finally I have come across a video that clearly states all the points on negotiation
Love the detail you have him in this video! ❤️
This is very awesome, no-nonsense , data driven video. Thank you.
Thanks a lot, Kabul :)
A very nice guide on how to negotiate salary. It really helped me. Thank you!
Glad it was helpful, Roshan! Thank you :)
Am really thankful to you.... sincerely, i was not knowing, so much, hidden things are there in the negotiations.... Am definately going to implement your tips in my forth coming jobs hunting... Thanks once again....
Today I am giving tips my Jr on negotiation of salary and I got this video auto suggestions.... Hats of to AI ye mind bhi read karta hain 👏🏼👏🏼
I saw your video in a perfect time.I'm waiting for the final level interview.Thanks a lot sis.I will use your ideas and comment you the output shortly.
ua-cam.com/video/6GHosGV6QS8/v-deo.html
Thanks for the wonderful tips.
Can you tell how should one answer if a recruiter at the initial stages ask for current CTC and you don’t want to answer because the role you’re applying is very different than previous role.
Thank you.
Really detailed abd to the point explanation. I am happy that I got the chance to hear you. Thank you .
Simple and Crisp. Gun Shot Video. Have HR round in next week and thanks for the titbits which I never thought of and couldn't have made it without watching such a amazing video. Worth every job seeker watching it before any HR round. Thanks again.
ua-cam.com/video/djkxoo3mntI/v-deo.html
Thanks for giving these kind of knowledge which is rarely available.
So nice of you, Lokesh! Thanks :)
Can't thank enough 🙏🏻
Any appreciation would be such an understatement! 🙏🏻
That's so nice of you to say!! Thanks a lot, Gaurav :)
Really a good one. i have taken some major key points from this video. Thanks Maze winners.
On Yeah !! Thursday/Friday after lunch- "the psychology of persuasion" :) :) Good One, Sreelakshmi
Really amazing content…
Such basic ideas which I had never thought of can help in negotiation. Will surely use these tips
Thanks for the video!!! 👍🏻
ua-cam.com/video/djkxoo3mntI/v-deo.html
The video really helped me . Thank you so much . I have a question . What can we say if the recruiter asks for our current CTC and Expected CTC ?
Excellent! Superb! Clean and clear process knowledge shared in very simple words. Thanks!
Thanks a lot. Got a better idea about Interview. Gonna watch all your videos. Keep up the good Work. Huge Thumps Up for your work !!!!!
Thanks for the amazing tips. From an Indian job scenario perspective this is spot on.
However, you had mentioned not to give away current CTC and expected CTC during the initial process. Could you please let us know how to avoid being pressured into giving an initial expected CTC? I feel most recruiters avoid standard questions like 'What is the budget for this role' by giving some flimsy reply.
Yeah I got this question everytime. But don't know how to avoid that
as per industry standard.
Better than Industry standards say as per company standards. When moving from a typical Infy TCS background to FAANG category, the industry standard of 30-60% hike doesn't work since they have altogether new level of bands which makes u get upto 230% hike as well.
Not so good at negotiation, but having multiple offers is key to success for me. Btw very informative video. 😎
Thank you, Deepak!! Yes, it takes a while to gain confidence while negotiating. I am sure you will get there soon. All the very best :)
@@MazeWinners I hope so. Thank you. 😎
@@venkatavenkata2211 Thanks Venkata 😎
Hello, Salary negotiation is really difficult task. Yes you made it easy and right way. You are correct at timing Thursday or Friday evening , most of the time friday evening may become gambling how do mind set of recruiter.
Wowwwwwwwww Sree Lakshmi. I'm glad to have a video like this. This video had changed my career a lot. Just by using the tips of this video I had an offer more than the expectations. I'm really glad and a thanks a lot for such a wonderful video and for tips. I don't have words. But this video made my day today 🙏. Once again thanks a lot.
If I saw this video yesterday night, I would've gone through a much more worthy conversation with my recruiter call.
The HR actually negotiated a higher salary for me. Around 2L more than what I was expectung.
Ese HR bht kam hoty hain
For my friend, He said my exp salary is 6, and HR provided 11.....
Thanks for this video Maze. I am going to talk to HR for my new job today, will keep these points in mind
Quite an informative video Sree! I've learned a lot watching this just like the many others here have! 😍
Hi, at 2:34 , (Don't 1) , then how/what to say for the expected CTC at the very first call . Could you please share it .
Thank you for this video all questions which was running into mind regarding salary negotiation are fulfilled...Thank You so much. !!
Thank you Chaitanya :)
Usually I don't write anything in comments box. But ur speech made me to write it here.
You nailed it madam.
Thanks UA-cam for suggesting it and Maze Winners for this amazing content.
Thank you so much :)
Thanks for the insights.
Please can you let me know how to answer when the recruiter asks expected salary at initial stage
Answer could be- at first i would want to understand job role and responsibilities of the profile and interview process will help me out for the same. Later that we can discuss the numbers.
Thanks for this useful content. I have a question.
I have 7 years experience but with 5 lpa as my CTC. I feel like my current employer don't pay me as per the industry. So, Can I set expected CTC to 12.55 LPA?
Ask for 15 LPA, FIXED and set a number (12.55, say) in your mind below which you'll not accept the job offer. Once you get a job offer, don't leave your company soon. Serve the complete notice period and keep looking for better offers and never shy away from asking for 20 LPA if you hold an offer of 15 LPA (say) i.e. keep asking for a higher FIXED salary - it's on the table for the right candidate
Thanks for the tip. Will apply it on my future job search. 😀
Superb , Every aspects of salary negotiation is covered , very nice , recomented for all those who look for a better package
Mam please help me in this.
I have got offer at one of the big4.They offered me a package considering my current holding package. But I didnt negotiate as I was afraid if i will lose if I ask more, it was just 6% hike.
Also I accepted it.
But now after 2 weeks of accepting the offer, I have cracked another interview at a good company and they are offering me a higher package.
But personally I feel like joining the Initial company but not happy with their package.
Is it okay to ask the HR to revise my offer letter based on the new offer I have so that I will continue with them. ? Any danger in asking that and moving with the same company? Please advice.
After watching 2mins of this video, I'm going to share in my office colleague's group...😂😂
Hahahaha.. Thank you, Kishore :) :)
Chilla chilla ke scheme bata do sabko 😁
Cool, I learned so many things, and didn't knew that we have to think about so many aspects
Very good work. I like the confidence with which u r suggesting all d points. Damn cool...keep it up ❤️
If they asked expected ctc at initial stage how can we avoid it if they need it and mandatory
Mention the hike in percentage....I did the same
What is your expected CTC? it is a very wrong question.
It varies company to company and job positions.
what should be the answer?
Excellent Video ! Succinctly presented. A must see for every prospective employee !! 🙂
Thanks a lot for such a nicely simplified video on such a crucial topic... IT WAS REALLY HELPFUL...
I am a recruiter and it's surely an amazing video on salary negotiation. Now i am a little afraid what if all my candidates started following your tips 😂
Haha.. I can relate to that, Kiran :)
Well if you get good candidates you need not worry 👍🏻
Hope no hiring manager, recruiter or owner is watching this!
this is what I was thinking when I am watching this video.. LOL
Haha.. Good one, Santosh :)
@@MazeWinners Thank you 😃
It doesnt matter at all, negotiation is a customary thing
Am from bank Recruitment Team
This should be a recommended watch for every worker/HR in India.
That's called experience.. Wonderful
I wished i had watch this video before my salary negotiation, now i regret.
One question i got 50k more than my current package is there still any chance for negotiation.
Hi Pabitra, if you have another competitive offer in hand, then you can renegotiate. Otherwise, it could be a little tough!!
@@MazeWinners sure but I have 5.8 years of experience and I'm not getting more than 16lpa, is the package provided is a decent one or I should ask for more
@Maze Winners Hello i have asked for a raise in a product based company but they are not even considering my new offer letter with increased package, the HR is saying there company dont provide counter offer and asking to confirm if i will join or not if i dont join they will cancel my offer, they are not even considering my new package or my skills etc what should i do. HR is also asking me to confirm in email that in future also i get any offer i should discuss further plus i have to show them the proof that i have cancelled offer from other company. Need help please suggest
I'm still waiting for the day when people in this country stop acting like job seekers. We need entrepreneurs - we may have our excuses about why this isn't the case, but this country cannot grow of we remain dependent on the technology, capital, management practices and creativity of other countries. Stop chasing salaries and start building wealth - that's the only way we'll stop being slaves to foreign countries. We slave away and they capture a major chunk of the benefits that our productivity generates.
You mean only 1 person will be work in a company, that is the entrepreneur himself/herself ?
So true, we need radical change in mindset and this should be planted & nurtured from school it self.
So far it was Ok to have this labour to the world model as employment was needed first for large developing countries like us ...but now we have moved beyond it.
It was a really useful video!! I don't know how I landed on this one but thanks for making such content!
Thanks to youTube for recommendation, and for you ma'am - keep the good work up. It will help lots of people here.
Thanks and welcome, Ritesh :)