Preparing for an interview is not complete without preparing for the dreaded salary negotiations. When to ask? Why bother wasting time with companies that might pay less than what i expect? Let me find out at the start of the interview. Nuts!!!! Shooting in your foot cannot get a bizarre synonymous situation more than this.
First, don’t think preparation for Salary negotiation is not that important and put it off till the last round of your interview. Study the market to arrive at a suitable package matching the skillset and experience you carry to the job.This will brace you up for easily negating any sub par offer. At the most avoid speaking out what you expect first. Once you spill it out the interviewer might just pounce on it if you are available cheap, or worse the doors will close if you quote too high cutting off any further negotiations..
The best negotiators willingly compromise on a few to win more. Plan your alternatives well so that your ultimate goals are achieved. Visualize various scenarios and be vigilant enough to lap up a reasonable offer. Don't be adamant on your goals. For example you can always consider the options of work from home for a lesser salary or an on-site assignment or for Freshers a certification exam paid by the company.
Always be prepared with the reasons and relevant information that justify your cost. That way you leave a room for negotiation without cutting off — hoping they buy your reasoning. Your reasoning should always showcase the value add you are going to be with them.
Don't talk figures until an emotional connect is made and the interviewer is inclined to go with you. Any mention of a number should only be made after both the parties have reached to a point where they don't want to turn back from.
Most importantly, don’t be adamant on a few points or let ego do the talking. Stay cool and keep the discussions going on until you get a reasonable offer. Pushing incessantly without heeding may drain the whole interview .
Employers definitely have an upper hand. Fighting for equality might help your ego but your ultimate goals might not be met. Both sides achieving their primary goal to make them feel themselves a winner.