When to use it

Use it when the other side has already named a figure and you expect some back-and-forth.

How to apply it
  1. Confirm your target figure using market evidence.
  2. Note the other side's offer or likely opening.
  3. Calculate a counter-offer that places your target near the midpoint between the two figures.
  4. Check that the counter is still defensible with evidence.
  5. Make concessions in shrinking steps so your target looks like the natural meeting point.
Tip: If asked for a range, give one whose bottom end is your target, because employers tend to hear only the lower figure.