What formula should we opt for best negotiations?

1. Collect salary information at the similar position in other companies in the industry.

2. Analyze the business status of your company and the possibilities of salary raise.

3. Prepare a profile on what you have contributed to the company in last 6 months/1 year period and plan how you can contribute to company's further business growth. (Your boss should look more successful in his career with your contribution plan)

4. Set a meeting with your boss, describe your plan and begin bargain with confidence.

general things to make your negotiations successful are

Collect , compare , analysis, reason out and bargain 

1. Collect information from different companies through quotation 

2. Compare all and find the best

3.Analysis - Why it is low and high ?

4. after find the solution , Starts your bargain