Failed negotiation. What now?

What should I do if my salary negotiation failed and I didn’t get the raise I wanted?

If your salary negotiation fails and you don’t receive the raise you were hoping for, it’s important to take a step back and assess the situation. It’s possible that the company may not be in a position to offer a raise at the moment, but they may be open to discussing other forms of compensation such as bonuses, stock options, or additional benefits. It’s also a good idea to ask for feedback on why your request was denied, and to use that information to improve your negotiation skills for the future. Additionally, it’s important to keep in mind that you don’t have to stay with the same company forever, and if you’re not happy with your salary, you can start looking for other opportunities. Remember to stay professional, and keep the lines of communication open with your employer in case the circumstances change in the future.

I agree with @AsiahbinMamat

Asking for feedback on you were denied the raise is important.
And I do expect my employer to be honest. If it is a budget issue then you can try to see ways where you can contribute and then convert that contribution to a bonus. If you are negotiating a bonus make sure to be very clear on the objectives and timeline.