As we progress in our career, it ends up significant that our pay is lined up with our professional growth. However, often we come across people who get paid less than what they deserve, mostly because they are afraid to negotiate their salary.
In the present dynamic and focused professional environment, salary negotiation is a fundamental expertise to have.

Negotiation for Salary

1. Audit industry norms

Start with a Research of salary range of various organizations for the position that you have connected for. Consider factors, for example,
• Level of work involvement
• Education and certifications
•Location, and so forth.
If there is a huge difference between the salary which is offered to you and it is easily noticeable then, you can utilize this as one of the main point, while you negotiate for your salary. Likewise, when you have a reasonable thought regarding the compensation run, you'll realize the amount you can stretch the salary negotiation.

2. Assess your Market Value

Based on the above research and your capability and experience, assess your market value. Recruiters basically negotiate the CTC package, so choose a figure already that you think of you as are qualified to draw.

3. Evaluate Other Components

Aside from the basic salary being offered, the other compensation structure like allowances, HRA, protection, rewards, motivators, and so on likewise structure a noteworthy piece of the salary package.

If the recruiter seems rigid during the salary negotiations, you can always ask for a raise in the other components of the salary apart from the basic. For instance, you can arrange execution based motivating forces or solicitation the business to raise non-money advantages and advantages.

4. Prepare a pitch

Accumulate your past accomplishments and set up a pitch on how these accomplishments will enable you to add to the organization. On the off chance that you have any involvement, make a point to intelligently specify that in your pitch.
Here are a few hints to enable you to set up your pitch:

· Show excitement - Early in the negotiation, you can use a phrase like “Working with (company name) was my professional goal”, this will convey your seriousness for the job.
· Convey expectations – During the negotiations, you must let the employer know that you are expecting a generous raise from them. To convey this you can say, “At this stage of my career, I wish to take a leap both in terms of my professional responsibilities as well as my compensation.”

5. Be prepared to tackle arguments

Contentions and counter-contentions are a positive sign as they demonstrate that the business is taking a distinct fascination for you. In any case, a great impression must be made on the off chance that you stay balanced and composed during the negotiation process.

Make sure to speak with confidence and handle the arguments thoughtfully. Being firm yet benevolent is the most ideal approach to take it forward.

6. Practice, practice, and practice

Make a point to rehearse your pitch as many times as possible, it will ensure that you deliver it smoothly and don’t miss out on anything important.

Get hold of your companions, guardians or flat mates and portray your pitch to them. You should likewise practice answers for the contentions that are well on the way to emerge during the arrangement procedure.

Once you have acquired salary negotiations skills, it will come in handy throughout your professional life. There will be times when you’ll feel that your compensation is not at par with your performance, or that your annual increment is less than what you had expected. In such situations, knowing the art of salary negotiations will be of great help.

Author's Bio: 

I am Tripti and I have 5 years of experience in content
writing as well as in digital marketing. I have worked
with Accenture, Group M and Logicserve digital throughout
my career and now I am working as a freelancer digital marketer.