Question

Assuming that you were offered a $40,000.00 starting salary complete with medical and dental benefits, 15...

Assuming that you were offered a $40,000.00 starting salary complete with medical and dental benefits, 15 vacation days per annum, 5 sick days per annum and participate in the 401K offered by the company.

What are the most important things to you during this negotiation process? In what ways would you be willing to settle? Be specific. Finally, what are some tactics you feel you’re capable of using during negotiations? Are they too risky? Explain.

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Answer #1

While doing negotiation ,it is very important that one should be very clear about his strength ,his/her USP which is unique and which is not shared by others.It is important that they should clearly communicate to the organisation their uniqueness ,what is so special about them and why they should select him/her ,the candidate should convince the organisation that they will only get benefit and they won't be regret for their decision.

They should also tell them that other organisation are ready to give this much pay and other benefits [you can also exaggerate ,but not too much]. The candidate should not give impression to the organisation ,that he/she is in urgent need of the job and he/she is ready to join at any cost.Respect your work and make sure that you get well paid for the same.

I will make sure that not only company increase my pay but also increase other benefits for example ,from 15 days vacation ,it should be increased to 20 days p.a,similarly from 5 sick days to 15 sick days p.a.

I would suggest that negotiation can be a very fruitful process if it does judiciously but we should not forget our limit and the way of communication should be very polite and humble rather than aggressive because it may go wrong and we would left with nothing except regret.

There is no doubt that they can be very risky but in order to gain something ,we have to take risk ,which is natural.

So ,be confident about your skills and your capabilities ,then nothing would stop you from anything.

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