Negotiate The Package
Pardeep Singh
| 21-01-2026

· News team
Hey Lykkers! Let’s have a real talk about something that makes even the boldest among us feel a little queasy: asking for more money. Whether you’re starting a new job or have been crushing it at your current one, the moment of negotiation can feel like a high-stakes showdown.
But what if I told you it’s not a battle at all? Think of it instead as a collaborative conversation where you present a compelling case for your value. It's not about being demanding; it's about being prepared. Let's reframe that nervous energy into confident strategy.
The Mindset Shift: It's a Business Discussion, Not a Personal Favor
First, let’s ditch the guilt. Your salary is not a favor your boss grants you; it’s the market rate for your skills, experience, and the problems you solve.
Walking into this conversation with a mindset of professional exchange changes everything. As Margaret A. Neale, a renowned negotiation professor at Stanford Graduate School of Business, puts it: "Negotiation is not about fighting. It’s about finding a way for both parties to get more of what they want" (Harvard Business Review, "3-D Negotiation"). You are providing value, and you are here to align your compensation with that value.
Step 1: Build Your Unshakeable Case (The Homework Phase)
You can't negotiate with "I feel I deserve more." You negotiate with data and evidence. This is your power base.
Research the Market: Know your worth. Use tools like Glassdoor, Payscale, LinkedIn Salary, and industry-specific reports. Find the salary range for your role, in your city, with your level of experience. This gives you an objective benchmark.
Document Your Wins: This is your secret tool. Create a "brag document" that lists your specific, quantifiable achievements. Did you increase sales by 15%? Streamline a process that saved 10 hours a week? Lead a project that came in under budget? Numbers tell a powerful story. As career strategist and author Liz Ryan advises, "Translate your accomplishments into business language—focus on problems solved and goals reached" (Forbes, "How To Ask For A Raise").
Step 2: Master the Conversation (Strategy & Scripting)
Timing and framing are 90% of the success.
For a Raise: Don't ambush your manager. Schedule a dedicated meeting. Say, “I’d like to schedule a time to discuss my role and my compensation.” Come prepared with your brag document.
For a New Job Salary: Always wait for the official offer first. This is when you have maximum leverage. Respond with enthusiasm, then pivot: “Thank you so much for this offer. I am genuinely excited about the opportunity to contribute to [specific team/goal]. Based on my research into market rates for this role and the [specific skills/experience] I bring, I was hoping we could discuss a starting salary in the range of [your target number].”
Pro Tip: State a specific number at the higher end of your researched range. This "anchors" the negotiation in your favor.
Step 3: Handle Objections with Grace
The first "no" is rarely the final answer. Be ready to listen and problem-solve.
If They Cite Budget: Try: “I understand budget planning is complex. Could we explore a performance-based bonus for the next quarter?” or “Would it be possible to revisit this in six months with specific milestones?”
Embrace the Pause: After stating your number, be comfortable with silence. Let them respond first. This simple tactic is incredibly powerful.
Step 4: Look at the Whole Package
If the base salary is immovable, negotiate the entire compensation package:
- Signing or Performance Bonus
- Additional Equity or Stock Options
- Increased Vacation Time or Flexible/Remote Work Days
- Professional Development Fund for courses or conferences
- A faster path to promotion with clear criteria
The Non-Negotiable Finale: Get It in Writing
Once you reach an agreement—whether for a new offer or a raise—always send a polite email summarizing the details. This ensures clarity and provides a record for both parties.
Lykkers, remember this: Organizations expect you to negotiate. They have a range in mind, and their first offer is often not the top of that range. By stepping into this conversation prepared and professional, you’re not just asking for more money. You’re demonstrating the very strategic thinking and communication skills that make you worth the investment.
Take a deep breath, gather your data, and go have that chat. Your bank account will thank you later.