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Demanding a 100% salary hike? Here’s how to negotiate CTC at your new job

  • Justify Your Demand: While quoting a high figure is easy, back up your demand with measurable outcomes from your previous job and your plans for the new role.
  • Understand the Industry: Research the economic climate and sector. A 100% hike might be unrealistic in a tight job market or declining industry.
  • Be Ready to Adjust: Budget constraints might limit salary offers. Flexibility in negotiations can lead to a better overall package.
  • Consider Total Compensation: Evaluate other benefits like appraisals, insurance, housing, and stock options.
  • Focus on Long-Term Value: Perks like flexible hours, professional development, and bonus schemes contribute significantly to your overall compensation.

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