Research before you answer
Use salary data from job portals, recruiter conversations, peers in similar roles and the company's past job posts. Look at your specific city and level, because pay for the same title can differ widely between a startup, a services company and a GCC.
In India, offers are usually discussed as annual CTC in LPA, which may include fixed pay, variable bonus, employer PF contributions and sometimes joining bonus or stock. Know which parts you are comparing. In the US and many remote roles, the discussion is usually about base salary, with bonus, equity and benefits separate.
- Know your current CTC breakdown: fixed, variable, benefits
- Decide your walk away number before the interview
- Check if the role is remote, hybrid or onsite, which can change the band
- For international remote roles, confirm the currency and whether you are an employee or contractor
Scripts you can use
Early in the process: Based on my research and experience, I am looking at roughly X to Y LPA, but I would like to understand the full role and package before finalising. Could you share the budgeted range?
When pressed for a number: Given my four years in Power BI and data modelling, and the scope we discussed, I am targeting around Y LPA fixed. I am open to discussing the structure of the package.
For US or remote roles: My expected base is in the range of X to Y USD, depending on the full compensation and benefits.
Questions about current salary and hikes
Many Indian recruiters ask for current CTC and expected hike. Be truthful about your current pay, because it is often verified through payslips or background checks. You can frame your expectation around the role's value rather than a percentage over your current pay, especially if you are underpaid now.
- Do not inflate current CTC; it can lead to offer withdrawal
- Mention competing offers only if they are real
- If underpaid, explain that you are aligning to market rate for the role
Mistakes to avoid
The most common mistakes are giving a single low number, giving a range with a low floor, and arguing about money before the employer is convinced you are the right person.
- Do not say any amount is fine
- Do not quote a range whose lower end you would reject
- Do not talk about personal expenses as a reason for your number
- Do not finalise numbers before you understand the role's responsibilities