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Here are the Faqs for Salary


  Q. My internship company is not ready to pay? Is that fair? Please suggest.

A. If you are on a short training, as a part of the curriculum, then the stipend is a           prerogative of the company, though most companies do pay stipends. It is you who wants to learn, remember !! However when you join the company as an employee albeit on training, you are entitled to a salary/stipend based on the company norms. In this case if you are not being paid, then it is the time to look for another job.

  Q. What percentage of increment should I expect annually? Or is it related to performance?

A. Today in the era of competitiveness, increments and bonuses are clearly performance based. So better the performance better are your chances for  higher increments!!

  Q. If I am switching my job, how much more should I demand?

A. Generally companies offer a hike ranging between 20% – 30%, however there is no hard and fast rule. You may get a 5% increase or a 100% increase, depending on the role, your area of expertise, need of the company, your negotiating power etc.

  Q. Should I initiate the topic of salary during my first interview?

A. Never... never initiate a salary discussion during the interview. Wait for the interviewer to bring the subject up, even if it's postponed to the next rounds. Incase you are still keen to know, check on it through your consultant.

  Q. How do I find out my colleague's salary?

A. What is more important to know and to focus on, is your performance in the company and how to achieve more. There will always someone in the system who is earning more than you or less than you. Set your own benchmarks.

  Q. My colleague is earning more than me. Now what?

A. There could be many reasons why your colleague is earning more, many of which you may not be aware of. So focus on your performance; it may help in getting you better increments and bonus!!

  Q. What is more important? Salary or job profile?

A. Well, at some point in time both are important!! However in the initial years of learning, it’s essential to gather skills and competencies required to succeed in a given role. Becoming an expert will help you to command a premium in your career in the later years.

  Q. Is it okay to lie about your current CTC?

A. It is not a good idea to lie about anything which you cannot provide supporting documents for especially salary.

  Q. I quoted a higher CTC. Now, they want a salary slip. What should I do?

A. Now, all you can do is pray!!  Send across your salary slip as asked. Not sending it can lead to the company getting suspicious.  Tell them you quoted a different salary by mistake in the interview, and hope that the company is willing to accept it. If you don’t get the job, you now know why!!!

  Q. The interviewer made an offer that sounds just perfect.  Should I accept on the spot?

A. However lucrative the job sounds, it is important not to accept the offer during the interview, as you are already under pressure to perform and may not be able to evaluate the offer at hand. You can politely ask them to send/make an offer and you will confirm after going through it in detail later.  Always evaluate the options before accepting the offer.

  Q. I'm not confident enough to demand the salary I think I deserve. How do I tackle this?

A. You only get what you believe you deserve! So start having confidence on yourself and your competences. Know clearly why you want a higher salary which should be  in line with the skills and competencies. Also practice what you want to say to the HR on your salary, so that you are not tongue-tied when you meet them.


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