-Foxer- wrote: » I've had several interviews with a company, and finally got a job offer today. (hurray!) I've never had to negotiate for salary though, and I'm unsure what to do. Some people say always to ask for more, and the salary they offered me is the bottom of the range I offered them when starting this whole process. I think ultimately I would take the offer even if I couldn't get more, but I would be a lot more comfortable with a little extra. What are your experiences with this process? Can it hurt to ask for more? What kinds of things should I say? I'm really a noob when it comes to this stuff.
-Foxer- wrote: » I've had several interviews with a company, and finally got a job offer today. (hurray!) I've never had to negotiate for salary though, and I'm unsure what to do. Some people say always to ask for more, and the salary they offered me is the bottom of the range I offered them when starting this whole process. I think ultimately I would take the offer even if I couldn't get more, but I would be a lot more comfortable with a little extra.
Mrock4 wrote: » Do your homework on the average salaries for similarly-skilled individuals in your area, etc.
-Foxer- wrote: » This is hard, because no companies really list what the range is for their salaries, so it's hard to know. I could be completely low-balling myself.
-Foxer- wrote: » This is hard, because no companies really list what the range is for their salaries, so it's hard to know. I could be completely low-balling myself. The position is for an IT security analyst. The offer is about $15k more than I make now, and I currently work for local government as a systems administrator. From things like the Robert Half Salary guide, that position could be anywhere from $81K - $111K. I really don't know what kind of range is reasonable. I guess I've got the weekend to think it over anyway.
badrottie wrote: » The first rule of negotiation is that it is easier to come down, than to go up. The risk is, obviously, that you may disqualify yourself by quoting too high. I always make a point of asking what the pay band is for a given position in the preliminary stages. There is no point in wasting either their time or mine if it is below what I am looking for. I recently was recruited for a position and went through two rounds of interviews before they made an offer. As their offer was only $5000 more than my current pay, I declined the position. It was a shock to them, but when asked why, I stated that my salary review was within a month and I would be getting a raise, I would be forgoing my FY11 bonus by leaving (not a small amount, considering I am on track for a 25% of salary performance bonus), I would lose the employer contribution of my defined contribution pension plan, etc. As I had told them what I am earning and the compensation structure is with my existing employer during the first interview, they cannot expect me to jump ship in what amounts to a lateral move for essentially the same (in fact, considerably less when you factor in losing a bonus). That and when you are coming from a Fortune 100 company to a, well, it isn't even a Fortune company, it had best be for a significant career move. Really, a lot of time and effort could have been saved if they said what their maximum ceiling was for the role prior to having me sit down and meet with them face-to-face. (Lesson learned: if you are trying to hire someone away from an existing company, it is best to make an offer that will entice someone to leave. Promises about future opportunities for growth and such ilk are just words. At the end of the day, it is really about how you are compensated and is it in the best interest of your career.) No complaints, though. I was just contacted regarding another opportunity last week that looks stellar. Hopefully, it works out for the best.
-Foxer- wrote: » Well, they ended up not budging on the the salary, but they did offer a signing bonus. I ended up taking the offer, because even though I think it was a little low it was still a pretty good increase from my current pay. It also gets me into the security field, which I've been wanting to do. Overall I'm pretty excited, but I have learned a lot, and hopefully will negotiate better next time. Thanks for all your advice!
Everyone wrote: » Congrats! Do they have performance based increases? If so, maybe you'll catch up to where you wanted. If not, the next job will take you well above it for sure.