If you didn't bag the best compensation in the market when you switched jobs, don't worry. The best of professionals come up short when it comes to discussing salary with a new employer. Here are some of the common mistakes you can avoid while discussing your salary with a potential employer.
1) Accept initial offer and lose Rs 1 crore
Always, always, always negotiate. Women and first-time job seekers are more prone to accepting the opening offer without questioning it. A 10% salary difference in the first job with a CTC of Rs 4 lakh represents a lifetime loss of over Rs 1 crore, assuming a 15% annual hike over a 40-year career.
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