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Message
Negotiating Salary for New Job - Satisfied with Initial Offer
Posted on 6/5/14 at 6:42 am
Posted on 6/5/14 at 6:42 am
I've been interviewing for a new position with a new company (actually 2 positions with them). Received 2 offers, with one being much better, 10% better base and 5% better bonus. The company is aware of the other offer and the amount since the HR people are in communication.
I'm satisfied with the higher offer. It's higher than what I told them I make now (inflated from actual), and the top end of my range I asked for. Their benefits are similar as well.
Do I get greedy and try to squeeze more from them, or just be happy and accept initial offer? I feel like they kinda have all the cards now since they know competing offer and met my initial demands.
I'm satisfied with the higher offer. It's higher than what I told them I make now (inflated from actual), and the top end of my range I asked for. Their benefits are similar as well.
Do I get greedy and try to squeeze more from them, or just be happy and accept initial offer? I feel like they kinda have all the cards now since they know competing offer and met my initial demands.
11
Posted on 6/5/14 at 6:51 am to LSUtigerME
They are paying more than the competition. Is the offer market rate? If so, do you want the job? Have you considered long term issues or is a starting salary as far as you've thought...?
Posted on 6/5/14 at 6:51 am to LSUtigerME
Sounds like you take the deal.
You're right in that they hold all of the cards to be played at this point with 2 offers and 1 being substantially better than the other while also meeting your upper ended request in salary.
You're right in that they hold all of the cards to be played at this point with 2 offers and 1 being substantially better than the other while also meeting your upper ended request in salary.
Posted on 6/5/14 at 6:51 am to LSUtigerME
What angle are you going to take? I asked for X and you gave me X, but now I really want Y. I'd take the offer. Given that you already lied about your current income, the offer is more than they would probably think the real you is worth. ...my 2 cents.
Posted on 6/5/14 at 6:53 am to LSUtigerME
So you lied about your current salary? Hope that doesn't bite you in the arse if they decide to verify.
Posted on 6/5/14 at 7:15 am to LSUtigerME
I was in the same situation. I accepted the initial offer because I didn't think it was worth it to fight over what amounted to maybe hundred dollars a month.
Posted on 6/5/14 at 7:25 am to LSUtigerME
quote:
It's higher than what I told them I make now (inflated from actual), and the top end of my range I asked for.
quote:
Do I get greedy and try to squeeze more from them
You don't see how ridiculous this sounds?
Posted on 6/5/14 at 7:29 am to HeadyMurphey
quote:
So you lied about your current salary? Hope that doesn't bite you in the arse if they decide to verify.
Verify with who? Is that even legal to query former employers about salary?
Posted on 6/5/14 at 7:30 am to LSUtigerME
If I was in their position and you came back and wanted a third offer I would withdraw both offers.
Posted on 6/5/14 at 8:16 am to LSUtigerME
quote:
and the top end of my range I asked for.
Yeah if you came back and asked for more I'd withdraw the offer in a heart beat. That's not how I would expect my employees to conduct business.
Posted on 6/5/14 at 8:22 am to reb13
Sure. There are companies that collect this info and provide it as a service. Equifax has a product, forgot the name. I just got a new job and they used, ESS, a background check company and they certainly verified my income of my previous employers. Once I started here, they followed up with my most recent employer to confirm income. If I would have lied, it would have been grounds for termination. I am sure each company has a policy of what they provide if called, but I have always heard to avoid any type of lawsuit, they will only provide: start and end date, last position and final salary. Only facts, not opinions
This post was edited on 6/5/14 at 8:30 am
Posted on 6/5/14 at 8:27 am to HeadyMurphey
quote:
Sure. There are companies that collect this info and provide it as a service. Equifax has a product, forgot the name. I just got a new job and they used, ESS, a background check company and they certainly verified my income of my previous employers. Once I started here, they followed up with my most recent employer to confirm income. If I would have liked, it would have been grounds for termination. I am sure each company has a policy of what they provide if called, but I have always heard, to avoid any type of lawsuit, they will only provide, start and end date, last position and final salary. Only facts, not opinions
I recently took a new job, and my new employer did this. They confirmed my start and end dates with all employers listed on my resume and confirmed my salary and title with the last company I worked for.
Posted on 6/5/14 at 8:41 am to HeadyMurphey
quote:
Once I started here, they followed up with my most recent employer to confirm income. If I would have lied, it would have been grounds for termination.
Ok, maybe I am wrong, but how is this even legal?
I know that when someone calls a previous employer, they are only allowed to say your employment dates, your title, terminated/resigned.... They can't give any additional commentary.
ETA: Just looked it up, it varies heavily from state to state and there are some pretty stiff penalties if the employer discloses anything outside of what is in the law.
This post was edited on 6/5/14 at 8:45 am
Posted on 6/5/14 at 8:46 am to Lsut81
Salary isn't really commentary. I am pretty sure my current employer is well versed in what is legal as well as ESS, who specializes in it. Previous employers provided that info as well.
I have no issues with it
I have no issues with it
Posted on 6/5/14 at 8:46 am to HeadyMurphey
Looks like in La, the employer cannot disclose salary info
In comparison, Arkansas
quote:
Louisiana
La. Rev. Stat. Ann. § 23:291
Information that may be disclosed:
• job performance
• performance evaluation or opinion
• knowledge, qualifications, skills, or abilities
• job description and duties
• attendance, attitude, and effort
• awards, demotions, and promotions
• disciplinary actions
In comparison, Arkansas
quote:
Arkansas
Ark. Code Ann. § 11-3-204
Information that may be disclosed:
• reasons for termination or separation
• length of employment, pay level, and history
• performance evaluation or opinion
• job description and duties
• eligibility for rehire
• attendance
• drug and alcohol test results from the past year
• threats of violence, harassing acts, or threatening behavior
This post was edited on 6/5/14 at 8:49 am
Posted on 6/5/14 at 8:49 am to Lsut81
Oh well, my two previous employers did. I don't have an issue with it
Posted on 6/5/14 at 8:50 am to LSUtigerME
It sounds like they made an honest effort to give you an attractive offer. You will come off as a major dick and I would agree with others about pulling the offer if you did this to me.
Posted on 6/5/14 at 8:51 am to OTIS2
Can't multiquote from my phone, so I'll try to answer all. I was intentionally vague in OP, so I'll clarify.
I inflated my base because I am due a raise in August/September from performance last year. Estimating that would put me at the "inflated" number. In addition, I am well underpaid for my experience. In fact, when I gave them my inflated number, their response was "Yeah, you are underpaid".
My only angle would be in terms of bonus/signing bonus. Coming on mid-year only entitles me to half the bonus. I could negotiate this as a signing bonus. The base salary is in line with experience and field/market.
I will be losing some 401k match the first few years. They have a progressive match, while we have a flat constant match.
And yes, I've considered other aspects of it. There's some advantages, and of course some unknowns.
I realize it's being greedy, but at the same time I'm fairly certain there is money left on the table. However, I am leaning to simply accepting.
I inflated my base because I am due a raise in August/September from performance last year. Estimating that would put me at the "inflated" number. In addition, I am well underpaid for my experience. In fact, when I gave them my inflated number, their response was "Yeah, you are underpaid".
My only angle would be in terms of bonus/signing bonus. Coming on mid-year only entitles me to half the bonus. I could negotiate this as a signing bonus. The base salary is in line with experience and field/market.
I will be losing some 401k match the first few years. They have a progressive match, while we have a flat constant match.
And yes, I've considered other aspects of it. There's some advantages, and of course some unknowns.
I realize it's being greedy, but at the same time I'm fairly certain there is money left on the table. However, I am leaning to simply accepting.
Posted on 6/5/14 at 8:54 am to eelsuee
Going back to the original OP... It sounds like you got a good offer in comparison to what you were expecting. If you truly want to push it, go about it the right way. Don't come across as if you aren't going to take the offer, just ask "Is there any way we could get to X"
If they say yes, you get the increase, if they say no, you come back with "Ok, well its a great opportunity and I am more interested in the role than the small increase in pay, so I accept"
If they say yes, you get the increase, if they say no, you come back with "Ok, well its a great opportunity and I am more interested in the role than the small increase in pay, so I accept"
Posted on 6/5/14 at 9:12 am to LSUtigerME
Yea... after reading everything... you better just take the offer.
AT MOST I would try for an extra day or two of personal time, or cut a year or two off the clock for the next vacation level.
AT MOST I would try for an extra day or two of personal time, or cut a year or two off the clock for the next vacation level.
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