12 June 2023
Qualified in Nov 2009 presently associated with a Trading organisation having pkg 750000 surprisingly. My profile is: Handling GST of the organisation which includes GSTR1,3B,9 and 9C filing total 136 returns in a year. Computation and Payment of Advance Tax. Coordinate with Internal and Statutory Auditors with solving queries to finalize the balance sheet. Year end closing. Preparation of 3CD data. Now i want to change my job. How much to ask for as per my current profile experience and how to change as everyone asks why you want to change after long time why your pkg is so low? Please help
06 July 2024
Considering your extensive experience and current responsibilities, here are some tips to help you navigate changing jobs and negotiating your salary:
### 1. Evaluating Your Worth: - **Market Research:** Research the current market rates for professionals with similar experience and responsibilities in your location. Websites like Glassdoor, LinkedIn Salary, or industry-specific salary surveys can provide insights.
- **Evaluate Your Skills:** Assess your unique skills, such as your proficiency in GST filings, tax computation, audit coordination, and financial reporting. Highlight any certifications or specialized knowledge you possess.
### 2. Negotiating Salary: - **Anchor Your Salary:** Given your experience and responsibilities, aim to anchor your salary negotiation around market rates for similar roles. Consider factors like your location, industry norms, and the company's financial health.
- **Highlight Value:** During interviews or discussions, emphasize the value you bring to the table through your skills, experience in handling complex tax and audit matters, and your ability to contribute to the organization's financial compliance and reporting.
### 3. Addressing Concerns: - **Why Change:** Be prepared to articulate your reasons for seeking a change after a long tenure. Focus on career growth opportunities, seeking new challenges, or aligning with a company that values your expertise and offers career advancement.
- **Current Package:** If asked about your current package being lower than expected, explain it in terms of career progression, changing industry standards, or a desire for a role that better utilizes your skills and offers fair compensation.
### 4. Job Search Strategy: - **Network:** Leverage your professional network, including LinkedIn and industry contacts, to explore job opportunities and gain insights into company cultures and salary ranges.
- **Target Roles:** Apply for roles that align with your skills and career aspirations. Tailor your resume and cover letter to highlight relevant achievements and experiences.
### 5. Interview Preparation: - **Prepare Success Stories:** Be ready to discuss specific achievements, challenges overcome, and contributions to previous employers. Quantify your impact wherever possible.
- **Cultural Fit:** Assess company culture during interviews to ensure alignment with your values and career goals.
### Example Salary Range: - Based on your profile, a reasonable salary range could vary significantly based on location and company size. In general, salaries for experienced professionals in roles similar to yours could range from ₹15-25 lakhs per annum or more, depending on factors mentioned earlier.
By preparing thoroughly and confidently discussing your skills and experiences, you can effectively navigate job changes and negotiate a salary that reflects your value in the market.
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