How to Negotiate Your Salary During Your Interviews
Negotiating your salary can be the most tricky part of your job. Popping the question at the wrong time can make your interviewers think that you are only interested in the ‘money’ and not asking the right question, can mean being offered a lower salary. Here are some tips on how to negotiate your salary during your interviews.
The Right Interview Round
In most companies, the salary is discussed during your screening and the last HR round. Do not ask questions regarding your salary to interviewers in other rounds, since they may not even know what can be offered.
If a salary band has been set for your position and you’ve been told about it, do remember that it’ll be difficult to go beyond the range specified.
The Interview Rounds
During non HR rounds, you need to prove that you are the best candidate for the role in order to be in a position where you can negotiate your salary. Make sure that you arrive on time, are polite, answer all the questions to the best of your abilities and most importantly, truthfully.
Find out more about the role and present clear evidence as to why you would fit the role perfectly. Also, look for passive feedback from the interviewers and watch their body language to determine how they have responded to you.
Negotiating the Salary
Make sure that you’ve proved your worth as a candidate for the position before you set about negotiating your salary. Also, provide details on the salary that you are making in your current position or the salary that you were making in your previous position, since this will be used as a benchmark by several companies.
While negotiating the salary, ask for a breakup of the Cost to Company or the CTC, since with several companies, the salary that you get in hand without all the benefits, may be lower than what you expected. Also, make sure you talk about the kind of growth and incentives you might receive in the company after you’ve joined.