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re: Negotiating Starting Salary
Posted on 11/6/19 at 12:04 pm to ragincajun77
Posted on 11/6/19 at 12:04 pm to ragincajun77
If you don't negotiate salary past your first job out of college, you are leaving money on the table.
2
Posted on 11/6/19 at 12:28 pm to rowbear1922
Negotiate after your initial job
Posted on 11/6/19 at 12:30 pm to ragincajun77
It’s expected on both sides. If I hire a sales person and he/she doesn’t try to negotiate, right away that is a red flag for me.
Posted on 11/6/19 at 12:31 pm to ragincajun77
Also, usually the most leverage anyone will ever have over their future employer is before the hire. Otherwise, most will then be subject to annual cost of living raises.
This post was edited on 11/6/19 at 12:34 pm
Posted on 11/6/19 at 12:32 pm to ragincajun77
It's like buying a vehicle. walk in with a price range in mind. if they meet it, fine. If not, keep shopping.
Posted on 11/6/19 at 12:34 pm to TDsngumbo
quote:
Salaries are for the poor. Work for yourself and renegotiate your own pay every single day
says the guy who was about to mow lawns cause he was going broke.
Posted on 11/6/19 at 12:35 pm to ragincajun77
I’ve always felt like I’ve been getting fair, competitive offers so don’t negotiate. To me, that sets the tone I may be a high maintenance employee.
Posted on 11/6/19 at 12:45 pm to BabyTac
quote:
I’ve always felt like I’ve been getting fair, competitive offers so don’t negotiate.
You left money on the table.
quote:
To me, that sets the tone I may be a high maintenance employee.
Not if you work for a company worth a damn.
Posted on 11/6/19 at 12:53 pm to BabyTac
See I'm really surprised that some people think this way. I've always negotiated my starting salary because that sets the bar on your future.
Posted on 11/6/19 at 12:58 pm to ragincajun77
It all depends on what leverage you have. If they sought you out through headhunter or other relationship, then yeah by all means negotiate that. It better be worth your while to leave a current position... But if you're one of 12 applicants for one spot, and you're offered, you take the offer.
Posted on 11/6/19 at 12:59 pm to rowbear1922
quote:
If you don't negotiate salary past your first job out of college, you are leaving money on the table.
Exactly. Have 2 numbers in mind. One is a nice to have where you're taking your shot and the other is the real number you're willing to take. This is of course assuming the shot you're taking is a reasonable number for your situation. I had this exact situation play out for my self a few years ago. I had other options available to me, gave my employer a shot and they nailed. Was already happy so I became even happier.
Posted on 11/6/19 at 1:05 pm to TDsngumbo
Also understanding the field you work in, the current job market, economy, etc helps you determine whether you should push the issue or not be aggressive.
For example if the economy is slow and work is hard to find be happy you have an offer. It labor market is tight and your field is booming then utilize your leverage
For example if the economy is slow and work is hard to find be happy you have an offer. It labor market is tight and your field is booming then utilize your leverage
Posted on 11/6/19 at 1:10 pm to ragincajun77
I did when I first got my job
Got an extra 10% in my salary, might have been able to push for more but I was new to the industry and didn't really have "experience" or anything to fall back on
In 3/12 years I've more than doubled my salary not including yearly bonuses
Got an extra 10% in my salary, might have been able to push for more but I was new to the industry and didn't really have "experience" or anything to fall back on
In 3/12 years I've more than doubled my salary not including yearly bonuses
Posted on 11/6/19 at 1:11 pm to deltaland
When I came on board at my current job I knew the guy hiring me was desperate to find someone and needed to get it done so he could leave for another job location. So I drug my feet and lead the guy on, only to decline at the last minute. He bumped the pay up and I took the job.
Posted on 11/6/19 at 1:21 pm to ragincajun77
If they meet your asking price, it's kinda hard to justify asking for more but doable.
If they don't meet your asking price, go back with 15-20% more and see what they say. It's generally not enough for the employer to walk away entirely and they will either meet it or counter.
And as always, have a bottom number you're expecting and walk if it is $1 less. Changing jobs is a hassle and you will feel cheated if you get less than you wanted which will lead to a job search soon after, which will lead to making it look like you're a job hopper which is a red flag to employers.
Alternatively, ask for additional vacation up front or preferred parking if the parking is in a downtown area.
If they don't meet your asking price, go back with 15-20% more and see what they say. It's generally not enough for the employer to walk away entirely and they will either meet it or counter.
And as always, have a bottom number you're expecting and walk if it is $1 less. Changing jobs is a hassle and you will feel cheated if you get less than you wanted which will lead to a job search soon after, which will lead to making it look like you're a job hopper which is a red flag to employers.
Alternatively, ask for additional vacation up front or preferred parking if the parking is in a downtown area.
Posted on 11/6/19 at 1:23 pm to ragincajun77
If you're interviewing with any type of HR person, you won't have much wiggle room.
If you're interviewing with a decision-maker, shoot your shot.
If you're interviewing with a decision-maker, shoot your shot.
Posted on 11/6/19 at 1:27 pm to ragincajun77
quote:
How many of you all did this? I'd really like to hear people from the employer side on this. What your opinion is of incoming employees who negotiate starting salaries.
Really depends on the level and how much leverage you have.
You should have data to back up your reasoning. Also you can negotiate for other benefits such as extra vacation in lieu of a salary increase.
Posted on 11/6/19 at 1:30 pm to ragincajun77
quote:
How many of you all did this? I'd really like to hear people from the employer side on this. What your opinion is of incoming employees who negotiate starting salaries.
Depends on the role and background of the incoming employee.
Are we talking fresh out of college, or established worker?
A lot of times, if the recruiter, hiring manager, and HR folks did a good job of setting expectations, then the negotiation really isn't necessary, as there's the opportunity to essentially set a rate before the offer is made.
Let's also talk about the realistic negotiator, and the moron that goes bananas. Again, a range should already be established, and you should be fairly close by the time an offer is made. Depending on the role, I get asking for 10-20% more just to see what happens - especially as companies tend to lowball, but when someone is looking for 30% + on a $45k role...GTFO.
The role is also important - if I'm bringing a sales person on, or an ops person...then I WANT them to negotiate. If they don't, then that's an immediate red flag. It also gives us a chance to see first hand how the negotiate and if they're any good at it.
I negotiate everything (salary, PTO, kickers, etc). You have to.
Posted on 11/6/19 at 1:32 pm to ragincajun77
We pretty much cancel any offer we give when someone time tries to do this, however, we typically have them tell us what their starting pay should be should they be hired so it cuts a lot of that out.
Posted on 11/6/19 at 1:34 pm to RummelTiger
A lot of good advice in this thread. Especially about expanding your negotiation to fringe benefits.
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