compensation negotiation

Compensation negotiation is the process of discussing and reaching an agreement on salary, benefits, and other rewards for a job. It typically involves the employee presenting their value and expectations, while the employer considers their budget and policies. The goal is to find a mutually acceptable package that reflects the employee’s skills and contributions while aligning with the organization's capacity. Effective negotiation requires clear communication, preparation, and flexibility from both sides to ensure that the compensation meets the employee’s needs and supports the employer's objectives.