Hello Friend,
Did you know your 5% pay increase today might result in an extra 1.5 million over the next ten years?
In the complex job market of India, salary negotiations are both an art and a science.
Many people stick to the fundamentals, however, digging deeper might provide remarkable insights.
Here are 6 things you must consider while negotiating your offer.
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1-Â Â Â Â City Dynamics - Cities like Indore or Kochi offer fantastic lifestyles with moderate earnings, whereas metro areas set salary standards. Think about the local dynamics and cost of living.
2-Â Â Â Â The Bigger Picture: While CTC is essential, have an open mind. Workplace flexibility, access to upskilling opportunities, and health insurance can all have a big impact on employment happiness.
3-Â Â Â Â Culture and Career Development: A supportive workplace culture and a clear path for career advancement can overcome marginally better income elsewhere. Check the goals and values of the company.
4-Â Â Â Â Long-Term Vision: Ponder your 5-year plan. A role with expansive exposure, even at lesser pay, can boost your career in the long run. Think carefully about your five-year plan.
5-Â Â Â Â Negotiation etiquette: In India, how you negotiate might be just as important as the actual discussion. Approach with respect, backed by research, and foster open dialogue.
6-Â Â Â Â Future Benefits: Some businesses may provide profit-sharing or stock options that guarantee long-term advantages. A somewhat lower first compensation can pave the way for a higher reward later.
Each move in the dance of compensation negotiations has significance.
Consider the big picture, plan, and keep in mind that value, not just numbers, is important.
💥In our CBH community, we proudly showcase multiple instances of professionals achieving 100% salary hikes.
Just think about the exponential growth they'll experience in the coming decade!"
🔥Join me in my Career Branding Masterclass tomorrow and become a part of a community of 2500+ professionals who are rebranding themselves and attracting 100% hikes.
Date: 1st Oct (Sunday)
Time: 4 PM
Click on this link to enter the session 👇