betterjobs

Free form template · Word

Salary Negotiation Form

A salary negotiation form is the recruiter's record of compensation discussions with a selected candidate. It captures current CTC with proof, expectations, each offer and counter-offer round, internal parity data and the final agreed numbers, so the offer approval is based on a clear, documented trail.

  • Editable Word (.docx)
  • Made for India
  • 15 fill-in fields highlighted
  • Free, no sign-up

Preview of the form

[Highlighted] = fill in
[Company Logo][Company Name]

SALARY NEGOTIATION FORM

Candidate Name:
[Candidate Name]
Position / Grade:
[Designation] / [Grade]
Recruiter:
[HR Name]
Date:
[Date]

1. Current Compensation

ComponentAnnual (₹)Proof Received
Fixed pay[Amount][Salary slips / offer letter]
Variable / incentives[Amount][Proof]
Benefits (insurance, allowances)[Amount][Proof]
Total current CTC[Amount]

2. Reference Points

Candidate's expected CTC (₹)
Reason given for expectation
Approved budget range (₹)
Internal peer range for grade (₹)
Competing offer(s) and CTC

3. Negotiation Log

RoundDateCompany Offer (₹)Candidate ResponseNotes
1[DD/MM/YYYY][Amount][Response]
2[DD/MM/YYYY][Amount][Response]
3[DD/MM/YYYY][Amount][Response]

4. Other Levers Discussed

  • Joining bonus: ₹[Amount] (with clawback if leaving within [Months] months)
  • Notice period buy-out: ₹[Amount]
  • Relocation support: ₹[Amount]
  • Flexible / hybrid work
  • Early review after probation

5. Final Agreement

ItemAgreed Value
Fixed CTC (₹ per annum)[Amount]
Variable (₹ per annum)[Amount]
Total CTC (₹ per annum)[CTC]
Hike over current CTC (%)[%]
Within approved range (Y/N)
Date of Joining[Date of Joining]
Recruiter
[HR Name]
Date: [Date]
Reviewed by
[Reporting Manager]
Date: [Date]

What this template includes

  • Current CTC breakdown with proof received
  • Candidate's expected CTC and reasons
  • Approved budget range and internal peer range
  • Round-wise log of offers and responses
  • Non-salary levers such as joining bonus, notice buy-out, relocation or WFH
  • Final agreed CTC and approval needed

When to use it

  • Negotiating with a selected candidate before offer approval
  • When the candidate's expectation is above the approved range
  • Counter-offer situations from the current employer
  • Senior hires with joining bonus, notice buy-out or relocation asks

How to customise this template

  1. 1Add your grade-wise salary bands for quick reference
  2. 2Include a percentage hike calculation row
  3. 3Add a field for competing offers and their CTC
  4. 4Link the final figure to the candidate salary approval form

HR tips

  • Ask for current CTC proof (salary slips) early to avoid surprises later
  • Compare with internal peers before agreeing; parity issues hurt retention
  • Use non-cash levers like joining date flexibility when budget is tight
  • Confirm the agreed CTC in writing to the candidate before releasing the offer

For HR & hiring managers

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Frequently asked questions

How much hike is normal when switching jobs in India?+

It varies widely by role, industry and market demand. Use your salary bands and internal parity rather than a fixed hike percentage.

Should negotiations be documented?+

Yes. A written log helps approvers understand the final number and prevents disputes about what was promised.

What if the candidate gets a counter-offer?+

Revisit their reasons for change, check whether you can match any part within policy, and avoid bidding wars beyond your band.