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How to negotiate on your offer/compensation package?

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Question added by Deleted user
Date Posted: 2014/10/28
Ronald Carual
by Ronald Carual , HR/Organizational Development Officer , Arabian Pipeline & Services Co. Ltd.

Generally, salary is determined by several criteria: your education, work experience, salary history, organization need or perhaps if you have other competing job offers.

When your position is one that generates revenue, the amount of revenue it generates is often a factor in determining the salary as well.

Salary negotiation is the last step in the job search process. In some cases, a salary figure may be offered early in the interviewing process; in others, a firm financial policy may exist for new employees. You may only be able to accept or reject the job and the salary offers together. However, you will have an opportunity to negotiate your salary and other possible aspects of your compensation package.

Your knowledge of competitive salaries in the field can be of real advantage to you. Do your homework and research the salary range for the position under consideration. You may be able to obtain specific information by asking the Human Resources Department and inquiring about the job grade and associated salary range.

 

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