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Interviews General Queries 2 years ago
Posted on 16 Aug 2022, this text provides information on General Queries related to Interviews. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
Turn Your Knowledge into Earnings.
I asked for a 40% overall(20+20) increase on my current CTC to join my new company and had a valid reason to ask for it:
All I said was, this is why I ask 40%, but they agreed only to 30% overall.
While I'm not happy about getting less than 40% overall, 10% less doesn't makea huge impact. But I rejected the offer mainly because, they didn't give me a convincing answer explaining why I believed I should get a 40% hike and not anything less than that.
What is wrong with my approach?
What is wrong in my approach?
If you decide that 30% isn't enough, or you decide that you need to be "convinced" for some reason, and you feel strongly that you can quickly get more elsewhere (or at least be "convinced" elsewhere), then there was nothing wrong with your approach.
On the other hand you said "10% less doesn't make a huge impact". If the 30% turns out to be better than you can actually get elsewhere, you may need to rethink your approach. Rejecting an otherwise good offer because their answer wasn't "convincing" may or may not be a mistake. "How much time and money is 'convincing' worth to you?" is something you need to judge for yourself.
Some folks decide before starting negotiations what they "really need to end up with" and focus on that, rather than worrying about "getting the top dollar" or "gaining a convincing explanation". Some folks don't consider negotiations to be the same as debating, and don't aim to prove or disprove anything.
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