How To Negotiate a Higher Salary | Do's and Dont's
Тәжірибелік нұсқаулар және стиль
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
Пікірлер: 1 609
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 :)
@susilahramachandran6273
3 жыл бұрын
77k
@sundeepmoganti1959
3 жыл бұрын
Great tips mam, thanks for sharing. I have a question do the recruiters verify our current CTC in current company ?
@RS-dx2fr
3 жыл бұрын
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??
@debjanim1
3 жыл бұрын
@@RS-dx2fr i had the same qs. What do we say instead????
@anandmiryala4901
3 жыл бұрын
@@sundeepmoganti1959 obviously, there will be a payslips verification in the HR round
Negotiation at Thursday or Friday evening, you killed it😂
@MazeWinners
3 жыл бұрын
Haha!! Thank you, Jenifer :)
@arvindk7059
3 жыл бұрын
Vera level input
@akash_gupta_2090
3 жыл бұрын
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
@kishorevarma9225
3 жыл бұрын
@@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..👍😎
@brinthamathi.b3739
3 жыл бұрын
@@akash_gupta_2090 u can ask further if u get some other bttr offer
Finally KZread does a great job by showing this video as recommended, thanks 🤗🌷
@MazeWinners
3 жыл бұрын
Thanks a lot, Syam :)
@venkatasubbaraomellacheruv7575
3 жыл бұрын
Good insights
@KK-rj6nj
3 жыл бұрын
haha
@SaranPoona
3 жыл бұрын
Ht4
@Food_Boss_007
2 жыл бұрын
It's very helpful
I did negotiation first and then KZread recommended this video. and it was happened on Thursday only :)
I must say i found an amazing content just by randomly scrolling on youtube. Thanks for your contribution !!
@MazeWinners
3 жыл бұрын
Thanks a lot, Piyush :)
Negotiation at Thursday or Friday evening. Simply awesome idea killed it
super!! 10+ yrs of my experience in the industry .. whatever I learnt with HRs you have it way more extra here. AWESOME!!
@MazeWinners
3 жыл бұрын
Thank you so much, Nakul :)
The video we all need. Been searching for a negotiation video for 3 minutes (long time for me), so thanks
Finally I have come across a video that clearly states all the points on negotiation
Well said. Appreciate you giving us the key tips for a successful negotiation!!
This should be a recommended watch for every worker/HR in India.
it is an eye opener video.. who are all hesitating to negotiate their offers.Thank you so much.
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.
@tjay_79
3 жыл бұрын
Yeah, I am too noticing the same thing here...
@prasenpatil4201
3 жыл бұрын
bcoz she is an HR definitely...!
Professional + To the point + Really Helpful !
@MazeWinners
3 жыл бұрын
Thank you, SVR :)
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 must say this is a video which is really worth a watch before going for a Salary negotiation/Interview.
I must congratulate you for the magnificent job you have done.
@MazeWinners
3 жыл бұрын
Thank you very much, Anmol :)
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
@MazeWinners
3 жыл бұрын
Thanks a lot, Ankit :)
@tjay_79
3 жыл бұрын
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".
@Slade69
2 жыл бұрын
@@tjay_79 Lol
@allisonbaum8423
2 жыл бұрын
It will NEVER work in the reaal world. Stay in your fantasy land and be unemployed for ever.
Negociation on Thursday /Friday!!! that too in the afternoon!!!! nailed it!!! learnt someting, which I was never aware off!
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
This was so very informative , will share this with my friends. Thankyou!
@MazeWinners
3 жыл бұрын
Glad it was helpful! Thanks, Abhinav :)
These 11 minutes were the most insightful minutes of my life! Thank you!
@ramkaushik
2 жыл бұрын
kzread.info/dash/bejne/lp6f2tGoY9DUpKw.html
One of the best video on salary negotiation. Pure 10 min content
Appreciate your wide views! Something useful I have seen about a job change.. in years! Thank you so much
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!
@ramkaushik
2 жыл бұрын
kzread.info/dash/bejne/lp6f2tGoY9DUpKw.html
@ramvishwakarma141
Жыл бұрын
I received 130% raise on my current salary.❤😊
Its a gem video, found randomly ! :) Can you please post new short videos specifically for each topics ?
@MazeWinners
3 жыл бұрын
Thanks a lot, Gaurav!! Will definitely try to post :)
This video cleared all my doubts for salary negotiations. KZread thank you for the platform
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
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
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.
@MazeWinners
3 жыл бұрын
Thanks a lot, Naveed :)
Watched many videos on salary negotiation, i found this video the best one. Many thanks.
First video I have seen on KZread with only thumbs up and 0 thumbs down. She made some unique good points, and very logical. 👍👍👍
If I saw this video yesterday night, I would've gone through a much more worthy conversation with my recruiter call.
Thanks a million for this effort of making an video for salary negotiation. It's really helpful for many
@MazeWinners
3 жыл бұрын
Thank you, Maheswari :)
This is a really good video, no-frills, concise and precise to the point ....you should keep making content !!
That's called experience.. Wonderful
Very good points to keep in mind when appearing for salary negotiations. Thank you
@MazeWinners
3 жыл бұрын
You're welcome, Ratheesh :)
You are great and youtube’s algorithm for recommendation is great.
@MazeWinners
3 жыл бұрын
Thanks a lot, Shubham :)
I got recommendation which i needed this moment
Usually I don't write anything in comments box. But ur speech made me to write it here. You nailed it madam.
It came on recommendation list and totally worth it.
This is very awesome, no-nonsense , data driven video. Thank you.
@MazeWinners
3 жыл бұрын
Thanks a lot, Kabul :)
Great ! Now I feel someone is there like you to take care of people like. Keep it Good work.
Love the detail you have him in this video! ❤️
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.
@ramkaushik
2 жыл бұрын
kzread.info/dash/bejne/lp6f2tGoY9DUpKw.html
Finally KZread 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 :)
@Watch-it-Now
3 жыл бұрын
kzread.info/dash/bejne/maJk2dmwg6qamps.html
This really helped ,the time spent on this video completely worthy
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
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.
A very nice guide on how to negotiate salary. It really helped me. Thank you!
@MazeWinners
3 жыл бұрын
Glad it was helpful, Roshan! Thank you :)
Gem of a Video.. You know what I Missed it During first Change of Company and Felt that Failed miserably
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.
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.
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.
Cool, I learned so many things, and didn't knew that we have to think about so many aspects
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....
Thanks for giving these kind of knowledge which is rarely available.
@MazeWinners
3 жыл бұрын
So nice of you, Lokesh! Thanks :)
First of all amazing video. On coming Wednesday I have HR negotiations. I am really amazed that KZread 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.
@shwethanayak2459
2 жыл бұрын
Same case with me..
Thank you so much. I was able to successfully negotiate my salary and also get a joining bonus.
Finally KZread recommend me an useful video at a right moment.. you highlighted excellent points.. thank you so much for the video🤝🤝
Can't thank enough 🙏🏻 Any appreciation would be such an understatement! 🙏🏻
@MazeWinners
3 жыл бұрын
That's so nice of you to say!! Thanks a lot, Gaurav :)
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.
@MazeWinners
3 жыл бұрын
Thanks a lot for providing this additional information, Pushpak! I'm sure it'll be helpful for a lot of people :)
I liked, subscribed and shared it with bunch of my arrogant friends who thought are good negotiators but still unemployed!
Got something which I was trying to find ,thanks!!
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 ?
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.
@stepwaytrainings
2 жыл бұрын
kzread.info/dash/bejne/aHt80dWAhpm3g5s.html
Very much usefull to us.... ఇంకా తగ్గేది లే
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!
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!!! 👍🏻
@ramkaushik
2 жыл бұрын
kzread.info/dash/bejne/lp6f2tGoY9DUpKw.html
Not so good at negotiation, but having multiple offers is key to success for me. Btw very informative video. 😎
@MazeWinners
3 жыл бұрын
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 :)
@deepakpandey9406
3 жыл бұрын
@@MazeWinners I hope so. Thank you. 😎
@deepakpandey9406
3 жыл бұрын
@@venkatavenkata2211 Thanks Venkata 😎
Thank you very much. This content will help a lot.
Wow thank you for this information all details covers in this video
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.
@SM-gz7vw
2 жыл бұрын
Yeah I got this question everytime. But don't know how to avoid that
@cnaveenkumar7589
2 жыл бұрын
as per industry standard.
@themindfulinvestor
2 жыл бұрын
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.
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 .
Really detailed abd to the point explanation. I am happy that I got the chance to hear you. Thank you .
Very useful tips .. Saved to my library
The HR actually negotiated a higher salary for me. Around 2L more than what I was expectung.
@John12685
3 жыл бұрын
Ese HR bht kam hoty hain
@RS-zh1vc
3 жыл бұрын
For my friend, He said my exp salary is 6, and HR provided 11.....
Thank you for this video all questions which was running into mind regarding salary negotiation are fulfilled...Thank You so much. !!
@MazeWinners
4 жыл бұрын
Thank you Chaitanya :)
I got know more things about how to negotiate salary ma'am appreciate your efforts.
thanks for making this wonderful video 🙏 Amazing explanation this actually helps me to face the HR in Salary Negotiation once again thanks a lot ❤️
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.
If they asked expected ctc at initial stage how can we avoid it if they need it and mandatory
@samarakhtar1082
3 жыл бұрын
Mention the hike in percentage....I did the same
This is a Genuine video as far as seen
Best Video on the Topic ever. Awesome. Thanks
After watching 2mins of this video, I'm going to share in my office colleague's group...😂😂
@MazeWinners
3 жыл бұрын
Hahahaha.. Thank you, Kishore :) :)
@sourendhoommail
3 жыл бұрын
Chilla chilla ke scheme bata do sabko 😁
Thanks for the insights. Please can you let me know how to answer when the recruiter asks expected salary at initial stage
@prafullmanikpuri2371
3 жыл бұрын
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.
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....
Appreciate you for sharing this. Some of the tips and tricks seems really relatable 🙏
What is your expected CTC? it is a very wrong question. It varies company to company and job positions.
@swapblue
3 жыл бұрын
what should be the answer?
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?
@amirhasan5587
2 жыл бұрын
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
So Good and Very Nice Explanation. Thanks for sharing
excellent ....wish I would have seen before
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 😂
@MazeWinners
3 жыл бұрын
Haha.. I can relate to that, Kiran :)
@viveks000
3 жыл бұрын
Well if you get good candidates you need not worry 👍🏻
Hope no hiring manager, recruiter or owner is watching this!
@manoharbaratam8792
3 жыл бұрын
this is what I was thinking when I am watching this video.. LOL
@MazeWinners
3 жыл бұрын
Haha.. Good one, Santosh :)
@SantoshKumarsp57
3 жыл бұрын
@@MazeWinners Thank you 😃
@kishoreh91
3 жыл бұрын
It doesnt matter at all, negotiation is a customary thing
@mageshjanakiraman1900
3 жыл бұрын
Am from bank Recruitment Team
Thanks KZread for suggesting it and Maze Winners for this amazing content.
@MazeWinners
3 жыл бұрын
Thank you so much :)
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.
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.
@MazeWinners
3 жыл бұрын
Hi Pabitra, if you have another competitive offer in hand, then you can renegotiate. Otherwise, it could be a little tough!!
@pabitrasikdar6784
3 жыл бұрын
@@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
@pabitrasikdar6784
3 жыл бұрын
@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 tried negotiating on a Friday evening and the recruiter said he will get back to me and needed time to think over the weekend, and called me back on Monday during lunch to reject me :(
@shbz.
3 жыл бұрын
😣😭😭😭
@shivaannareddy1117
3 жыл бұрын
You missed the point of Backup candidate !!
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.
Excellent tips! Thank you very much