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Myths about salary negotiation

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“You must  have heard of many hypes and myths about negotiating salary. Such myths may end up spoiling your deal. This blog will help you know what all can be done when you think of negotiation and shall prevent you from the myths. Negotiation comes at the time when you agree to work together for the common goal of the organisation. It means you are in the last stage of agreement to work and you are negotiating the cost in lieu of your work. Negotiating is the right, you should exercise to have the best deal with effective and efficient cost to your work and efforts that you will provide. To have a best deal you should also look up to the hypes and myths about negotiating salary. Here are some myths you should consider. Employer dislikes to negotiate Negotiation is the last stage of agreement. In this last stage, you should not afraid of negotiating. You are providing your services and in lieu of it you putting your cost in front your employer. They also value you and negotiating with them is exercising your right. This would not at all annoying to them. Focus on the end result or whole package You are much concern about the whole package. At the end, If they increase the package, they would cut your in-hand salary. There are many allowance and benefits which are of no use for you. Focusing whole package at the end would erode your expectation, when salary in hand credited to your account. Don’t be first to ask for salary Asking for salary is your right. If you won’t ask for it, then employer will directly state it in your offer letter. And changes in offer letter would ruin your first impression. You should well aware with company’s expectation or related company offer to state the number in such a way to extract the maximum. Because if you quote too high or low, you would lose the game. Negotiate actively and never leave the chance to drop This is absolute myth. You should have some point to drop down. This is to gain the confidence of employer. So that they would also feel that negotiation has also kept in their part. Stating high quote will settle to your expectation If you state high quote, it will later settle to your expectation. This is not true. If you state too or too low and settling in the  middle would raise the question on your reliability.

[via NaukriHub Blog]

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