The Salary Bargaining Power

During interviews, it is common that the respective HR of the concerned company asks you to tell him/her how much you want as remuneration/CTC to work for their company. Moreover, everybody faces this toughest interview question irrespective of his or her domain.

If the employee is already a laid off one, then by default, s/he loses the bargaining power. If the employee is still working in a company but wants to come out of it quickly because they are planning to shutdown the company, and conceded the same to the target company HR, then again s/he loses the bargaining power. If the employee is forcefully pushed out of the company, means terminated, then obviously getting a job itself will become so difficult for the employee; therefore, forget about salary negotiations.

Only those employees who have considerable experience in their respective domain, knowledge in their field, created considerable impact during the interview on the interview panel, and currently holding a job can negotiate and demand salary face-to-face with the HR of the target company. Otherwise, just forget about that during these recession times. If you don’t fall into the above category, no matter whatever logic you use, it does not hold much water from the target company HR point of view.

That’s why, if you are willing to move out of your present company, irrespective of any reasons it is better to start searching instead of sitting until your present company lays off you.