Professional Documents
Culture Documents
SALARY
NEGOTIATION
ASKING FOR
SALARY CAPS HIKE
AND LIMITATIONS
Congratulations
on your job offer!
It’s time to negotiate!
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Rules To Keep In Mind
When Negotiating
01 Be sociable/Likeable
Now that you’ve received your job offer and are in talks with the hiring manager, you
probably won’t settle for the first offer that is shared with you, and you shouldn’t.
You need to ensure that you’re not just polite, but likeable in your conversations.
Don’t seem greedy when it comes to asking for more, and don’t seem petty when you
feel lowballed by the offer. Sounds tricky doesn’t it?
Instead put forward points why you deserve more, or justify why the current offer is too
low for you. Explain this in a decent and gentle manner will have the manager see
your perspective and vouch for you!
Be
Polite
Don‛t Be
Justify Greedy
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02 Explain why you deserve more
It’s not enough to simply ask for a 15% hike, you will need to justify the reasons.
Politely explain why your profile and skill sets/experience warrants for a higher salary.
Research and put forward vital information such as the industry standards. This is key
to your negotiation as it justifies what you are owed.
Explain other reasons you need a raise in salary (being the sole breadwinner, travel
expenses etc).
Keep in mind that you need to still strike the balance of being likeable yet assertive to
getting your deserved offer.
15% hike
According
to Industry
Standards
Travel
Expense
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03 Recognise who you are negotiating with
You need to keep in mind that there is a difference between discussions with your
potential manager and an HR.
Having a heated discussion over your salary with a potential manager or member of
your team can start you off on the wrong foot.
You might even lose the opportunity when aggressively negotiating with a potential
manager, that doesn’t mean it’s okay to do the same with an HR.
On the flip side, negotiating with a potential manager on a positive note can lead to
them going out of their way to give you bigger benefits or an offer.
An HR may be instructed with salary caps and other limitations so it can be ill advised
to push negotiations too far with petty questions with an HR as well.
HR Manager
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04 Understand the negotiators constraints
A company hiring 20+ employees for the same kind of role may not be able to provide
you with a higher salary as you expect.
Some HR managers will be told to hire while given salary caps and hence cannot
provide you with a better offer.
You shouldn’t be disheartened by this, instead you should ask about other possible
benefits you could avail. Seeing how flexible the company is can be a major benefit in
negotiations.
You can ask about start dates, extra vacation time and a signing bonus. Keep in mind
that you may not have this luxury in a smaller company.
Ask
Restricted
About Other
Salary Caps
Benefits
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05 Be prepared to be questioned
Often at times during the negotiation, you may be presented with tough questions
which you may be hesitant to answer.
Questions like, ‘have you received another offer?Can you start immediately?, are we
your main choice?’ Can catch you off guard.
Also, don’t try to give answers just to please the negotiator, it will backfire as you will
lose leverage in the conversation.
Have You
Received
Another
Offer?
Are We
Your Main
Choice?
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Explore The Benefits You Can
Avail As Part Of Your Package
As a recent graduate you may think that there aren’t much benefits starting out. You
will be surprised, here are a few benefits you can and should ask for when negotiating
an offer
03 Coaching/Mentoring
Asking for a mentorship from a senior employee or manager is great way to grow
professionally, so always ask for this.
05 Work flexibility
Asking for the option to work from home and an adjustable work schedule can
ensure work life balance and stability.
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Find out your worth
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Questions to ask the
Hiring Manager
“Besides my salary, are there any other benefits that are negotiable?”
This question can pertain to many benefits like your 401K, Medical/Health Insurance,
Training/Education/Growth, vacation time and paid leave to name a few.
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“What is the prospect of salary raises and promotions?”
Even if your salary is not negotiable, asking this question will give you an outlook on
what potential you have for a future raise or promotion.
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