Had the first (exploration) call with my would-be boss and HR lead to figure out which role I would fit in. Company is an MNC startup, best culture ive heard of, lots of friends working there in different verticals etc. I usually dont reveal salary this early on but it was a very quick call and they asked about it and I felt like I had to this time to not come off as a snob or stuck up.
Chances are low and I am okay pushing back but Im paranoid about getting lowballed now. Any advice on how to better my chances in the upcoming rounds? Greatly appreciate any help
It depends on where you are in terms of the compensation spectrum. It can definitely lead to bias if your current salary is not on the higher side.
For too long, I have played this back and forth game of revealing salary and asking them for budget and frankly, it’s too tiring in Indian recruitment circles.
So, I have started just being honest from the beginning about my current pay & expectation and have seen recruiters be transparent about their budgets too. Eventually if a company has to lowball they anyway would, but I am glad that I don’t have to exercise so much cognitive effort playing this game of riddles
Yay.
Disclose your current TC and ask for their approved salary range for this role in return. No requisition is approved without an approved salary / band.
If they refuse to share it, push them once more with the explicit statement that its essential for you to know it beforehand so you know how much time, effort and priority you should build in this engagement.
Yay. People love transparent people.
Hiding salary shows you are insecure, thus could be a potential pain in ass later.
An example scenario: Let’s say my CTC is 34 LPA + annual stock payout of 5 Lakhs. My total yearly earning potential is 39 LPA.
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I have an offer from a firm where they have mentioned that their current apm has a payscale of 8-9.
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