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The average market salary of the position .. Quantifying your past experiences (in accordance to years) .. Plus the benefits (enagage the previous as well to get an idea) and also, the prevailing lifestyle (monthly average expense) .. calculating all these will give a good stance as to how much salary one should ask ..
As per Market rate for a specific position and experience
Only tool2 evalutate your salary is your inner self...Because you are best judge of ourselve. YOU KNOW BETTER ABOUT YOUR EXPERTISE AND EXPERIENCE AND HOW YOU CAN BE FRUITFUL TO ORGANIZATION THAN ANY OTHER.
It's not matter of expecting high or demanding low. It's just SATISFACTION you are looking for and only you are the best EVALUATOR of YOUR SATISFACTION.
By negotating on the basic salary, same if no experience is gained for next position, more by10% if experience exists, more by20% and > if achievements related to experience are indicated in your cv.
when you and your management satisfied of your performance, you can ask salary increment or higher grade
What I have did to estimate my value in the organization :
1) Calulated the amount per day I need to carrry out my spendings and also some savings
2) Prepared strong presentations in my mind that I am really something else
3) Comparision of salary trend in the market
4) Suggested myself the best value for me keeping in view my experience
5) Telling management that this amount I need in every situation
6) At end throwing ball on organization ground requesting in gentle and intellegent way saying that " I strongly beleive in the organization for employee welfare socially & mentally, and confident that I shall not be disappointed.
So we have to do our study of our value, no company or person is out there to value you.
salary is just related to demand & supply method, some time employer want to get rid of that person ,,, most of the time emplyee think that he may get more from other organisation for the same job but fact of the matter is that salary is not the only good criteria for a worker to continue,,,
Industrial market works on supply and demand, at times I get paid more than average remuneration in the area of expertise I serve. “I work full time”.
