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Showing posts with label Salary Negotiation. Show all posts
Showing posts with label Salary Negotiation. Show all posts

Thursday, May 29, 2008

Salary Negotiation Interview question

Ok that’s what we all do it for money… not everyone. This is probably the weakest area for techno savvy guys. They are not good negotiators. I have seen so many guys at the first instance they will smile and say “NEGOTIABLE SIR”. So here are some points:-

• Do a study of what is the salary trend? For instance have some kind of baseline. For example what is the salary trend on number of year of experience? Discuss this with your friends out.
• Do not mention your expected salary on the resume?
• Let the employer first make the salary offer. Try to delay the salary discussion till the end.
• If they say what you expect?, come with a figure with a little higher end and say negotiable. Remember never say negotiable on something which you have aimed, HR guys will always bring it down. So negotiate on AIMED SALARY + some thing extra.
• The normal trend is that they look at your current salary and add a little it so that they can pull you in. Do your homework my salary is this much and I expect this much so whatever it is now I will not come below this.
• Do not be harsh during salary negotiations.
• It’s good to aim high. For instance I want 1 billion dollars / month but at the same time be realistic.
• Some companies have those hidden cost attached in salary clarify that rather to be surprised at the first salary package.
• Many of the companies add extra performance compensation in your basic which can be surprising at times. So have a detail break down. Best is to discuss on hand salary rather than gross.
• Talk with the employer in what frequency does the hike happen.
• Take everything in writing, go back to your house and have a look once with a cool head is the offer worth it of what your current employer is giving.
• Do not forget once you have job in hand you can come back to your current employer for negotiation so keep that thing in mind.
• Remember the worst part is cribbing after joining the company that your colleague is getting more. So be careful while interview negotiations or be sportive to be a good negotiator in the next interview.
• One very important thing is that the best negotiation ground is not the new company where you are going but the old company which you are leaving. So once you have offer on hand get back to your old employee and show them the offer and then make your next move. It’s my experience that negotiating with the old employer is easy than with the new one….Frankly if approached properly rarely any one will say no. Just do not be aggressive or egoistic that you have an offer on hand. Top of all some time some things are worth above money :-

JOB SATISFACTION. So whatever you negotiate if you think you can get JOB SATISFACTION aspect on higher grounds go for it. I think its worth more than money.

Points to remember Interview question

• One of the first questions asked during interview is “Can you say something about yourself ”?
• Can you describe about your self and what you have achieved till now?
• Why do you want to leave the current company?
• Where do you see yourself after three years?
• What are your positive and negative points?
• How much do you rate yourself in the technology you are appearing for the interview in one out of ten?
• Are you looking for onsite opportunities? (Be careful do not show your desperation of abroad journeys)
• Why have you changed so many jobs? (Prepare a decent answer do not blame companies and individuals for your frequent change).
• Never talk for more than 1 minute straight during interview.
• Have you worked with previous version of SQL Server?
• Would you be interested in a full time Database administrator job?
• Do not mention client names in resume. If asked say that it’s confidential which brings ahead qualities like honesty
• When you make your resume keep your recent projects at the top.
• Find out what the employer is looking for by asking him questions at the start of interview and best is before going to interview. Example if a company has projects on server products employer will be looking for BizTalk, CS CMS experts.
• Can you give brief about your family background?
• As you are fresher do you think you can really do this job?
• Have you heard about our company ? Say five points about our company? Just read at least once what company you are going for?
• Can you describe your best project you have worked with?
• Do you work on Saturday and Sunday?
• Which is the biggest team size you have worked with?
• Can you describe your current project you have worked with?
• How much time will you need to join our organization? What’s notice period for your current company?
• What certifications have you cleared?
• Do you have pass port size photos, last year mark sheet, previous companies employment letter, last months salary slip, pass port and other necessary documents.
• What is the most important thing that motivates you?
• Why you want to leave the previous organization?
• Which type of job gives you greatest satisfaction?
• What is the type of environment you are looking for?
• Do you have experience in project management?
• Do you like to work as a team or as individual?
• Describe your best project manager you have worked with?
• Why should I hire you?
• Have you been ever fired or forced to resign?
• Can you explain some important points that you have learnt from your past project experiences ?
• Have you gone through some unsuccessful projects, if yes can you explain why did the project fail?
• Will you be comfortable with location shift? If you have personal problems say no right at the first stage.... or else within two months you have to read my book again.
• Do you work late nights? Best answer if there is project deadline yes. Do not show that it’s your culture to work during nights.
• Any special achievements in your life till now...tell your best project which you have done best in your career.
• Any plans of opening your own software company...Beware do not start pouring your bill gate’s dream to him.....can create a wrong impression.