Tips to negotiate your salary
Advice for salary negotiation is tricky and one needs to follow different approaches based on their experience levels. Here are a few pointers that will help an individual negotiate well: 1) Do market research as we prohibit salary discussions internally within the organization. Talk to your peers working in different organizations to understand what they are earning. Keep in view the technology, domain, product-based, service-based, and other factors before establishing a baseline. 2) Visit salary review sites like Glassdoor to find the average [pay range for a particular roles 3) Talk to your mentors - ask them about the salary range - typically industry follows X lakhs per annum multiplier. Multiply that with your experience and see how much you should ideally earn. e.g. 1.5 to 2.5 Lakhs per annum for 10 years experienced guy... should negotiate anywhere between 15 lakhs to 25 lakhs and at times it might be beyond 2.5LPA multiplier depending on the technology and company For me, few...