Bargain and its Impact
Bargain/negotiation is something which is commonly used in the corporate world. Bargaining is an indispensable part of hiring process and is generally termed as salary negotiation but ideally negotiations take place for many other factors other than compensation viz: designation, profile, KRA’s and so on. The word Bargain is defined as, ‘to boil down to common consensus or to such an output which would be advantageous for both the parties (In this case talent & employer).’ In such a competitive world where the aspirant struggles to find an opportunity, and employers are in dire need of best talent, bargain plays an significant role in hiring process.
