Thursday, January 28, 2010

Its all about options and market value

I remember the day when I joined fresh from campus in a software company, we had joined in a batch of few hundreds and in the orientation day we were given to fill up lots of forms, I might have signed a contract then, sincerely I don’t remember, probably the excitement of joining overshadowed everything. After working in the organization for some time when I got a chance to switch job, I could demand a lot more things, my negotiating power had increased, based on my value in the market with regards to the skills I had acquired in the past few years and I was able to negotiate many terms with my prospective employer. Basically what I am trying to point out, as most of people in discussion above have pointed out, the negotiation power of an individual depends on the person’s value in the market, not everyone have the liberty to bend the contract.
When the options available are plenty players or for that matter anyone is in the position to bargain. If we look at the current scenario in the cricket world, with the success of IPL and other cricket leagues players have plenty of options to choose, some are even giving up national duty for the sake of league games so given a situation to sign a contract now, the can obviously bargain the terms and conditions.

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