Salary Negotiation is the process where a candidate or employee discusses and agrees on compensation with an employer, considering factors like experience and market rates.
- What is salary negotiation?
Answer: It is discussing and agreeing on compensation with an employer. - What factors influence it?
Answer: Factors include skills, experience, and market standards. - What are the benefits?
Answer: It ensures fair pay and satisfaction. - What are the challenges?
Answer: Challenges include mismatched expectations. - How does HR handle it?
Answer: HR sets guidelines and facilitates discussions.
