Understand the full offer
In India, offers are usually stated as CTC, which can include fixed salary, variable pay, employer PF, gratuity, insurance and sometimes joining bonus or stock. Ask for the breakdown and focus on the fixed component and monthly in hand pay. In the US and many remote roles, look at base salary, bonus, equity, health benefits and paid time off.
- Fixed versus variable pay and how variable is paid
- Joining bonus and any clawback if you leave early
- Stock or ESOP vesting schedule
- Notice period, probation and relocation support
- Work mode: remote, hybrid or onsite
Timing and approach
Negotiate after you have a verbal or written offer, not during early rounds. Express enthusiasm first, then ask for time to review, usually a day or two. Make your request by phone or video if possible, and confirm in writing.
Scripts you can use
Salary: Thank you for the offer. I am excited about the role. Based on the scope we discussed and market rates for similar roles, I was expecting a fixed component closer to 24 LPA. Is there flexibility there?
Joining bonus: I understand the fixed band is limited. Since I will forgo my annual bonus by leaving now, could we consider a joining bonus to bridge that?
Competing offer: I have another offer at a higher fixed pay, but I prefer this role because of the team and product. If you can bring the fixed pay closer to that, I am ready to accept.
Handling counter offers and declines
If your current employer makes a counter offer, consider why you started looking in the first place. Money rarely fixes issues with growth or scope. If the new employer cannot move on salary, ask about other levers such as an earlier review, a joining bonus or extra leave.
- Do not bluff about competing offers
- Do not negotiate after accepting unless circumstances change significantly
- Do not issue ultimatums
- Do not make many separate requests; bundle them in one conversation