It refers to the process where the employer and potential employee discuss the terms and conditions of employment. It also involves talking over salary and benefits package. The negotiation generally starts with an offer from the employer and the potential employee chooses to accept the offer or to negotiate some details.
Employees should be aware of how much the job is worth in order to determine how flexible the employer will be and how to negotiate the salary for the job he/she has been offered. Job-seekers look forward to obtaining the best compensation package possible based on their skills and experience, as well as the industry payment range and the organization’s procedures.
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