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May 28, 2006
The art of bargaining salaries in the corporate world – part 2!
Gone are the days of loyalties
Long long ago…may be 20 years back, people used to love flaunting about their loyalties towards the companies they worked for. For them their years of services in a particular firm were like medals on their chest. The more the years one spent in one firm, more the merrier he or she was. The rule of life was get a secured job (mostly a government job), get married, buy a house on instalment, have children, compromise on all personal happiness, ignore family, slog your butt off at work, watch one movie a month, retire with a flower garland, and spend rest of the life thinking did I waste my life?
Things have changed now and loyalties towards a particular firm have died. And it is good that it died. Today the competition is about who gets rid of whom first. Is it the company that sacks the professional due to internal politics, or is it the employee who leaves the company for better option. So the new rule is don’t stick to any firm for long or you will get stagnant. Keep moving every 2 years, and if you stay for more than 2 years in a particular firm – there ought to be something wrong with you. End of the day it is about how much money you made in your life than sitting and talking to your grandchildren about how you had no choice and had to spend 20 years of your life slogging for Satyam or ICICI or MTNL
Always keep your options open
There is no time frame for looking out for a job change. You can shift in the very first month or in the second month or even before you have joined a particular firm. You are worthy for salary bargain only when you have job in hand, so it is better for you to use that power in your favour. None will give you any ghaas had you not had a job in hand. Always be on the look out – and never say NO to a bigger offer or a bigger pay package. There is no such thing called big firm or trust worthy firm – it is just a illusion the corporates create – a good brand is that which pays you well, and a bad brand is that which doesn’t – it is as simple as this.
Jump only if it brings a change in your lifestyle
Don’t jump just because you are bored with the present job. Don’t change companies just because your boss looks ugly or because she has a flat ass. Once you have decided to quit, try giving the people who hate you the toughest time. Attend interviews, and bargain for at least 40 to 50 per cent salary hike. Never say to your new employer that you are unhappy with the present job. Tell them – you can think about shifting only if the money is mouth watering. They will put the ball in your court – asking, so is money your only concern – reply ‘YES’ shamelessly. They will ask another question, what if some other company gives you more money after you join us, will you shift? Again say YES shamelessly. Remember the people who interview aren’t into any kind of social service – they are asking you questions only because they are paid for it.
Just say a plain NO to companies, which offer you 20-30 per cent hike, and which promise to raise your pay after 6 months after analysing your performance. You can very well show them your middle finger and walk off. A 20-30 per cent hike won’t do any good to you monetarily – probably you can watch an extra movie in a Mutiplex with that money.
Don’t mix spirituality with corporate world
Of course there are people who aren’t money minded. There is a particular sect, which never bother about their salary. They work just for the fun of it…if you belong to that sect…then don’t complain or feel bad when your colleague gets a salary hike for dozing off in front of the computer screen. If you feel bad looking at Corporate disparities, then you aren’t spiritual. And if your motto is to work for spiritual growth then corporate world is not your place instead join Aurobindo Ashram at Pondicherry.
For every career you choose, there are defined rules associated with it. If you are a hitman, then you aren’t supposed to have sympathy for human life. The same rule holds true for joining the army too. Similarly to be part the corporate and to survive in the same – you need to learn and understand the Art of Bargaining Salaries in the Corporate World fast.
Posted by Kenni at May 28, 2006 12:01 PM
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