Can we talk salary negotiation?
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- herzo
Is there ever any circumstance when you as a candidate are not in a position to negotiate?
Should you never take the first offer and always try to negotiate?
If you are looking at very significant increase in your salary should you not negotiate or what?
Can you negotiate yourself out of the job?
any tips?
- georgesIII0
• A : Do you live with your parents?
• B : Do you have a rent to pay?
• C : Do you really need the money or are you just negotiating for the fun of it?- neither useful or funnyd_rek
- georgesIII, are you bolchevist?jadrian_uk
- Jadrian,
yes,
now send me your macbookgeorgesIII - Does he mean Bolshevik?gramme
- stupid postset
- herzo0
A: No don't live with my parents.
B: Yes I do.
C: There is never such as thing as too much money. What kind of question is "do you need the money"? Who DOESN'T need the money.- Bill Gates, Warren Buffett, Lawrence Ellison, Ingvar Kamprad, Christy and Jim Walton, Li Ka-Shing (awesome name) etcAmicus
- d_rek0
I would say there is a time and place for everything - including salary negotiations.
If you have been working at a place for a while without a raise and you are feeling deserved then it's your right as an employee to ask for a raise. I don't know any employers who are readily handing out raises right now. Don't be afraid to ask either; again, it's your right. However, to be prepared to validate your request either through hard proof or lots of brown nosing.
If you're negotiating for salary as a new hire it's a bit different. You should already know what you would like to make walking into an interview/hiring process. If you set the bar too high they may think you're crazy and not want to hire you. If you set it too low you may look desperate. They is to know your value going in and to aim a little higher than what you think you can get. You don't typically want to try and negotiate up for more salary - it's much easier to go down or meet half-way. However, don't be afraid to ask for what you think you're worth - even if it's higher than market value. You might be suprised.
Unfortunately salary increases are rarely 'signficant'. Typically they are incremental - progress comes in small steps and whatnot. You should aim to be increasing your salary 10-15% at a minimum when you make a career shift. You don't want to take any steps backwards unless you're absolutely positive you'll be taking a huge leap forward. Also, be very leery of companies offering golden carrots.
- herzo0
Thanks d_rek!
This will be as a new hire. I was told the salary range before the interview and the salary range is great. They told me they would better know where I fell on that range after the interview.The work will be extremely involved and I will have tons more responsibility than I do at my current job. The low end of the range is around 24K more than my current salary. They do not know this however. So am I in any position to negotiate or should I just take what they give me?
- always negotiate, even if it is just a little. otherwise you risk looking weak.Amicus
- yepdoesnotexist
- bjladams0
one place i was at, 4 employees (out of 15) asked for a raise within hours of each other. made the boss so irate that after the 4th one he stormed out of his office and told everyone that they'd get a raise when he felt they deserved it. he had just bought a new bmw 2 days earlier and had lost a big contract that morning. the next week i brought in a good sized client and was given a good sized raised. all that to say that if things are bad, be weary, but if you are making it worth their while, they'd be (or should be) happy to share the money.
- d_rek0
Up 24k from current gig? Sounds like a no brainer to me!
But then again... your situation may be much different from when you received that salary at your current job.
It would be mostly a judgement call on your part if you think you can negotiate for better compensation. There are many factors to consider. The biggest thing for the employer is they will be looking at current market value for their new hire and weighing the potential value you will add to their company. Keyword being value - if you as an employee turn out to be a wise investment for the company and add a lot of value to their business it shouldn't be a problem to ask for a little more. However, flipside, employers often like to see the value-added before they start forking over more cash.
- lukus_W20
_ALWAYS_ negotiate.
- herzo0
thanks D_rek
lukus can you explain a bit more? Do you counter with 2k, 5k, 10k more?
- Find out what the industry average is, and try to work out where you fit in the pecking order .. if they're getting a better than average employee - suggest they pay a better than average salary.lukus_W2
- better than average employee - suggest they pay a better than average salary.lukus_W2
- Have an idea of what you want before you negotiate and be able to justify why you want it.lukus_W2
- vaxorcist0
make sure the new gig doesn't involve doing something that you really hate to do, and/or will burn you out fast.... i.e. having to become a manager and/or salesperson.... and/or being responsible for stuff you can't control,etc....
- wanting the new gig is not up for discussion. ive never wanted a job so badly as this one.herzo
- goldieboy0
Always negotiate. It's a business deal and should be treated like one. Most companies/firms will factor in room for negotiation. As lukus has said, be prepared to justify the amount you ask for. Good luck
- vaxorcist0
wait.... if you want it soooo badly, and they know that, your negotiating position is weaker than if they thought you could take it or leave it, as you're getting other offers and/or are happy where you were so much so that you need more $$ to put you over the edge to sign with them...
Price may matter less on your objective worth than your percieved demand..
- DaveO0
Take the job and quit whining. 24k is a fairly massive increase.
- abettertomorrow0
Summary of thread in less words:
-You go in with a rough idea of what you'd like to make
-They make you an offer
-You accept, decline or make a counter offerJust use common sense and your best judgement. Sure, its always worth asking for more, but I wouldn't negotiate in increments of 2k though, what's the point of that. At the end of the day, it should be about getting a good job and not that you squeezed a few thousand more out of the negotiations.
- trooperbill0
i basically said... im on this, im looking for this, when i got offered the job i said thats great... i've still got more interviews to go to and will make my decision by the end of next week... i promptly got a call raising their offer to the amount i was looking for,.
- herzo0
thanks for the feedback
i've generated a strategy
- herzo0
Turned out I didn't have to negotiate. They hit the spot exactly in the offer.
- herzo0
Plus the general bonus range makes up for any inadequacy I may have felt.
- akrok0
yeah, up 24k sounds great. unless you where making peanuts in ohio and this gig is in nyc.
- d_rek0
Anyone want to offer me a 24k pay bump? I could use it what with my woman being in a family way and all O_o
- herzo0
Well it ended up being a 28K bump+bonus.