HR Terminology Negotiation

Complygate has put together a complete list of key HR terms, phrases, acronyms and jargon to assist HR professionals in navigating the extensive, ever-growing HR terminology. We would like to encourage you to read, share and make use of this terminology collection. If you have any suggestions of terms or keywords we have missed, please contact us and we will include them in our next update.

Please enjoy reading!

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What is Negotiation?

Negotiation definition

Negotiation is a dialogue between two or more parties with the purpose of achieving a satisfactory arrangement, known as a compromise, deal, agreement... that is beneficial to both parties.

What is the purpose of negotiation?

Usually, the purpose of negotiating is to come to an agreement that will derive reciprocal benefits. Each party tries to come to an arrangement that will meet its own interests, and this is why negotiation takes place.

Why is negotiation important?

Negotiation is key to thriving in the workplace, solving conflicts, and generating value in contracts. Without the action of negotiating, everything would stay the same, or one of the parties would benefit while the other abided by the outcome of a change that only the other party would profit off.

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