Negotiate your starting salary (watch for script!) 💰
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- čas přidán 10. 09. 2024
- Don't forget to negotiate your starting salary! Once you receive the offer, make sure you stick to the salary expectations you had (it’s easy to get excited in the moment) - ideally a $5k range with the lowest you’ll take at the bottom. #shorts
If they take a job away from you for a negotiation done in good faith it means they didn’t want someone qualified for the job, they wanted someone they could exploit
Yeh but in the real world you have 100 people going for that role all equally as qualified and experienced..
Usually when you interview someone you ask them how much they want. If you meet their offer, and then they come back asking for more, I consider that dishonest. I don't want that person working for me. They get you on the hook and then up the ante. It's like negotiating for a car, you agree on a price, and once they figure out your willing to pay a certain price - then they come back and ask for more - that's bogus. As a manager I move on to someone less sleazy. There's always more fish in the sea. It's not the $$$$, it means I can't trust you.
@@ppumpkin3282 I’ve actually had the opposite happen. Offered a higher hourly wage at interview and then they dropped it $8/hour at the offer meeting. When I asked them what happened, they told me I had to be understanding of the market and the be a team player for the company. They turned in record profits in 2022. Guess the moral of the story is trust nobody 😂
You mean like in every single case?
@@ppumpkin3282 u know I understand with that perspective, however in my experience, you find out the true requirements for the position that the description may not be able to accurately represent through the discussion and technical round. Though this is all predicated on order right, I am referencing, apply, recruiter ask how much, you state, first round, technical, coworker, offer, then you make your educated rebuttal.
This happened to me once and when I asked for more they said I would never find a job for that much and that I'm not worth what I think I am. It was super mean and insulting. I didn't take the job and within I think a month or two I had a job offer from somewhere offering not just what I thought I was worth but actually 25k more than that.
You learned that before making the mistake of signing on with them
Wow you dodged a bullet
What k8nd of position are you talking about?
The best part is when they react like that, you dodge a huge bullet and it’s better to know before rather than later
Meanwhile the "requirements" for the job posting are for someone who should be asking for 25k more.
*hires another person for 75k*
Not always has skilled tho
The company chose to make you the offer over those other candidates for a reason - they’re much more likely to say no to your negotiation than immediately hire someone else.
Pretty much, most companies interview multiple candidates and have a short list to offer the role to.
If you were a specialist or a subject matter expert they wouldn't be low balling their offer and you wouldn't wait until the offer to negotiate the salary.
These skits are fantasy role playing by people without real experience.
Any claims of insight by this channel is based on how many years of experience? How many 6-9 figure deals have they closed?
If they were successful in business why are they making videos?
You don't want to work for a company who is just going to exploit you. Eff them if they won't pay you what you're worth.
and sometimes there is a reason a company can't fill the role. just recently i received an insulting offer from an employer. i told them i wanted 100k in the interview. they come back with 90k and like 3k for relocation budget. i countered with 100k and 5k relocation and 3weeks vacation. they ghosted me and the recruiter. 3k is no where near enough for relocation in this market.
If they withdraw the offer because you ask to negotiate up to industry standard it indicates that you wouldn't ever have gotten a raise if you took the job.
HR: "What is your salary expectation"
Candidate: $10k to $12k a month.
HR: You are the best fit for the role but I'm afraid we can't afford you.
Candidate: Okay $4k would be fine.
HR: How soon can you start?
Meanwhile, the budget for the particular role is $10k . HR feels like they did a great job in salary negotiation and management will be happy they cut costs for the organization.
The new employee starts and notices the pay disparity.
Guess what happens? Dissatisfaction. Disengagement. Disloyalty.
Two months later, the employee leaves the organization for a better job. The recruitment process starts all over again. This leads to further costs and performance gaps within the team and organization.
In order to attract and retain top talent.
"PLEASE PAY PEOPLE WHAT THEY ARE WORK FOR"
I had a guy I knew from a competitor company call me. I told him the exact dollar amount, the 401k benefit that needed to happen along with the health insurance. He told me I couldn't match it and I told him I'm sorry I can't leave a company that has taken care of me and my family for 8 years to take less money. You have to be very demanding when it comes to jobs nowadays.
Why would you want to leave a company that has taken care of you for 8 years?
@CZcams Sucks I left my old job after 11 years. I got more tickets and more training that other companies were willing to pay more for... Like 70K more! Plus I get a truck, phone and computer. I sold my car and no longer have to pay for insurance or a phone bill. 🤷♂️
I am not trying to tell everyone to quit in hopes of more money. But definitely keep a look out for other opportunities and know what your skills are worth.
@@geoffmooregm Makes sense. If another company is willing to give you more money and better benefits....
@@youtubesucks1499 The unfortunate thing is that when some companies get the idea you won't ever leave - they start taking advantage of you.
@@youtubesucks1499 you would be surprised, but sometimes by staying with a company for so long, you’re actually missing out on thousands of extra dollars a year. I started with my current company in 2016 and starting pay was 13 an hour. I got a $3 raise increasing my pay to $16 an hour in 2019. Fast forward to 2023 and STARTING pay is now $16. I’m making $17.50 an hour. So basically in the 8 years that I’ve been with my company, I’m only making $1.50 above their starting wage.
Other companies start off at 20-23 an hour.
So I’m on the hunt for a new job now. Even though my current one has been good to me.
completely agree. great script for negotiation. it's hard doing this in the moment but being prepared with market research is so empowering.
Negotiating works SOMETIMES. Always have a back-up plan. I wanted a higher wage because I knew my company was low balling me and my experiences/sales grew like crazy over the years. So I looked around and got a few offers. Told my manager I was leaving for the better offer as I felt it was more fitting, my manager matched the offer within days! 😂
Just after the 2008 crash caused a lot of IT companies to go under, including the one i had been working for, i was forced to look for work. I had a 4-year degree and 15 years job experience, along with a crap-load of expertise in multiple technologies and multi-lingual software.
One of the companies I applied to did not post their salary range, and when they called me in for an interview, they tried to offer me a whopping $30k salary. I flat-out refused. It was clear they had no intention of paying for my level of expertise. The same pattern holds true today.
Smh I can make more at McDonald's! I'm still seeing these dumb job postings in IT asking for 5+ years of experience with a Bachelor's degree only offering ~45-50k. Like come on...
I'm a teacher. I moved to a district with a union and got a $30,000 pay increase for doing the exact same job.
@@General8675 In the district without a union, they would not even allow teachers to negotiate salaries at all. I have a masters degree, a national board certification, and career technical education credentials plus 10 years of experience - and I was being paid the same as a brand new teacher fresh out of college with a four year degree, no certifications or special credentials, and no experience. And when I complained, the HR office literally said, "Take it or leave it." So I left.
I did the same thing. Now I walk around telling people I don’t do certain things anymore in the work place anymore because “it’s a union job”. 😅
And your union dues ate up how much of that pay increase?
That's good news that there is a video offering you the opportunity to brag and feel good about yourself.
@@realwickedbrew I pay $70 a month in dues.
Probably will just hire a person that will accept the 75k. In my experience you have to prove yourself. At my 6-month or one year review is when I’ve had significant pay increases because I’ve worked my tail off. If no raise is given then I’ll start looking for another job and then leave to the competition for usually a higher salary and better benefits. For the past three years I have left jobs for a higher salary and better benefits. Before quitting I let the current employer know I had a job offer and gave them the opportunity to match to have me stay. All of them let me walk. Now each of those previous employers have begged me to come back trying to match my current salary and benefits. Unfortunately if you’re good most places won’t know it until after you leave.
I tried this and you guessed it, they gave the job to someone else who accepted their starting salary.
Personal anecdotal experience:
150+ applications
4 offers (salary not total comp):
110k
75k
75k
85k
Out of the 4 offers, I negotiated the lower three (using the higher offer). Two of which responded that it was non-negotiable, and one of the 75k offers gave me a new offer of 90k.
Noticed that another comment also mentioned “don’t do it right out of college.” Negotiation does work right out of college as long as you are what the company is looking for. The company that bumped the offered salary up mentioned that I was their top candidate at the time which is why they were willing to offer more.
Very good approach! Always know your market value and do your research. I left a job making 55k a year and got a job with similar responsibilities at a new company making over DOUBLE that amount! So many people are scared to leave the place they know, but seriously there are so many better opportunities out there. I will say it is messed up that companies do not reward their hardworking employees and that they stay committed and loyal.. They’re willing to pay a newbie more 😏
Agree!!! Know your worth and value. Do the research and negotiate.
My hiring manager wouldn't tell me their salary range, he just asked me how much I wanted. Their offer was exactly what I wanted, and it was a good salary, so I took it. Maybe I could have asked for more, but I valued having the job more than the higher salary.
I did that. I got the interview through another professionist (it's normal in my sector). They offered me an apprentice wage, I said I wanted more cause I didn't need a tutor. They accepted it. I prove it. If you don't value yourself, other won't.
This provides so much more context and depth than other explainers I've seen like this. Thank you so much!
Opposite happened to me: it was for a loan processing job and I told them what I was expecting. The HR team said that amount was fine, but the hiring team wanted to give me less than what i asked. Was offered the position but I told them that what they were offering me was a pay cut compared to what I was currently earning. They tried to tell me that it would be work from home with only one day in the office, but it wasn't enough. I told them I'd go as low as "this" but that was my final offer. They passed over me, hired someone else, and now 4 months later I saw that same job with their company being posted again 🤣🤣
lol, people, many companies start the salary lower than they expect to pay you because they are expecting you to ask for more. The amount of people who are skeptical about NEGOTIATING YOUR OWN DAMN SALARY is insane. You’ll complain how low your salary is and then do nothing about it until you find out the new hire is making more than what you’re making.
This works so well when you do both sides of the negotiation…
It doesn't work every time, but for me and most of my friends, it has been the difference of thousands or even tens of thousands vs simply taking whatever offer was given.
A widely studied part of the gender pay gap is that men are simply more likely to negotiate for more. If everyone tried this, all could have a chance at a better income.
@@RobTowneyea..im a man and i tried negotiating my salary with my now prev employers. didn't do jack. about a month later they called me for the same job, 5hrs away from home for the same salary. its always easier to "negotiate" when the company knows you're not Unemployed.
I had a hiring manager bring 20 candidates into a room and had us all bid on the starting salary. He almost talked us down to minimum wage.
That is so toxic
@@whitneyb3340 ...He probably got 2,000 resumes tho for one job :P
Ew
Man treated your livelihood like an auction, don’t work there
I mean that sounds like a crappy thing to do, but he’s probably the most valued manager in the company if he can cut down costs so well. It’s all about what you’re willing to work for. No one is forcing you to take the low paying job, this isn’t communism after all where your life is to serve the party.
This is a great idea, but I would only do it if you are ok with keeping your current job/situation, because they may just move on to the next candidate.
I mean it should be clear that you should only negotiate if you are in a position to negotiate. If you need a job fast, take anything and look for something better while there.
I can’t tell you how many times I’ve been lowballed and it puts me in a very uncomfortable position.
You need to be willing to move on.
Yea, that happened to me. I started the negotiation after being offered a position and they recinded the offer.
same
Okay, so that is clearly a company you dont want to work for anyway. They were looking for a drone, someone who would take whatever they'd give, and you showed you weren't willing to play that game. If there is any justice, they didnt fill that position and now some shitty middle manager is out there still doing it.
Of course thats probably not the case but much like negotiating for what we're worth, the dream is worth the time spent doing it lol
Additional piece of advice: if you get to the point of the process where they ask you what you were thinking salary wise, and you have no idea what you’re worth, accept the offer that seems appropriate to you and ask if you can have a 3 month review after starting to discuss performance and compensation; if you realize shortly after starting that you have more responsibilities or have to work longer than you thought, that would be the time to bring it up and negotiate higher salary
Don't do this. I was hired at 10k less than people who are much younger and less experienced than me because they negotiated and I didn't. As my role grew and my responsibilities got more complicated and high stakes, I was told I couldn't renegotiate till end of year. I had a moment of frankness with our HR person and told her I was kicking myself for not negotiating upon hire and was told "I learned a very important lesson in business as a woman." End of year reviews came and my pay was raised up to that 10k more amount that our entry level employees make, no budging on negotiation. So now they are learning an important lesson in business- if you spit in the face of your top performers, they will leave swiftly.
Don't do this Lol this is so much more messy and your new boss will likely judge you for accepting and offer and essentially changing your mind a few months later. Not to mention you just got there and in their eyes are still proving yourself. Just negotiate before accepting the offer. I've gotten more than they offered every single time (5 or 6 times).
I've negotiated my previous salaries and I've never been turned down. Not once. So yeah, definitely negotiate your salary. Worst case, they say no. Okay, I know my worth and will find a place that matches what I want. 🤷🏼♀️
As someone who's solely responsible for hiring at my company... This only goes so far, because there are multiple people out there with the same experience level, sometimes they literally just have 1 position and 4 good quality candidates, so you just choose.
Yea a lot of people overestimate how important their skills are. There usually at least 3-5 people with almost the same skills and experience and it’s easy to just offer it to the next person. Unless they REALLY like your personality.
If this is the case, then you are working in an industry that doesn't require special skill sets and talents. I would call this a fairly low-level industry. Not playing with the big boys.
This means that there are a lot of people who can step into this job with little effort. Basically, basic!
@@RiverWoods111 in any form of any business, there will always be multiple people with the same skill sets. University president, skilled labor, specialists in medicine...Nobody is special at all 😅
So you're admitting you low ball... and people should negotiate.
@@RiverWoods111ah there are very few industries where you can negotiate your salary significantly, even alot of highly skilled ones.
I'm a production chemist with a degree and I've never negotiated a salary before , even if I tried I'd never get more than 5 percent over the offer.
The industries where you can negotiate your salary alot just means your skills are in areas with alot of money, not that your skills are actually higher ,than people who can't negotiate their skills.
For example recruiters , sales people , construction management.
Some industries just have alot of money in them and salaries have a big range.
Whereas a doctor working in the NHS can't negotiate their salary much.
i did that back in the 90s at a bank, they came back with $1000 more than the original offer. I PASSED
If they don’t offer you the job after negotiating then it’s probably dodging a bullet anyways
The key disclaimer here is "they SHOULDN'T take a job away because you negotiated" and that says it all because shouldn't in no way means won't. A lot of things drive their reaction such as: how many applicants did they have that were just as qualified and experienced and how tight the job market is where you are because if there is a glut of applicants for every job they won't care how much YOU think you're worth they will offer what THEY have decided to pay because THEY do market research too.
They will also not thank you for wasting their time when you should have told them during the interview that 75K wasn't enough because salaries are always presented during the interview. and they only talk salary after offering the job in rare instances and most often when asking you if you would consider taking less because you need training etc.
I did this almost word for word, but in my opinion with more information to back up my salary expectations.......and they said take it or leave it.
Im glad to say I just tried this and got denied 😢😢😢
i'm honestly glad that your videos exist because they actually have really helped me❤
It never hurts to ask. Before I accepted my current role as an account executive for a software company, I asked them if rather than a salary bump could they add on my "on target earning commission bonus" for the months I was in training and ramping for my role. Mind you it was an extra 18k that I was asking for and I explained to them I would be motivated to ensure I was ramping quicker so I can continue to receive my extra commission on top of my salary. I've been with this company for over a year now and that question showed me how much they truly care about their employees right from the start.
Me who lives in India. Well get back to you in an hr.... Calls them in two. Sorry jobs gone. Someone took it for 70k
You misspelled 20k
Um correction. Its 15k now.
No one lives in India, everyone dies there.
Yeah unfortunately this won’t work for everyone everywhere. But hey, at least you got the job 😊
Yeah, those corporate HR departments can be powerful. Most of the time it's not the hiring manager, it's the compensation department that is holding all the cards.
The only thing wrong with this is that the hiring manager doesn’t set or negotiate salary
This may be the most impactful and important video on CZcams. Woman who don't know how to do this are one of the reasons they make 75% of a man's earnings.
I was once offered $35 an hour for for a consulting job, and I told them I was expecting $75 an hour. They came back with an offer of $50 an hour, but I turned it down. There was a little more back and forth, but we eventually settled on $66 an hour.
Nice. What kind of consulting?
@@jasminecontreras7341I was asked to help a regional railroad that recently merged with another railroad put together a plan to consolidate their mostly redundant, but very different, IT infrastructures into one cohesive environment with minimal disruption to users on either network.
A project like this is pretty straightforward when a larger company absorbs a smaller company. When both companies are about the same size, it can get complicated because everyone one wants to keep the systems they are familiar with.
I admire people who can negotiate their salary.... I rely on people being fair 😅
100% ask the range for the position during the interview and state your expectations up front! But also negotiate even if they give you what you asked for. Never leave money on the table
Please don’t do this when being interviewed at McDonalds, or your first job with your new degree
In my profession all the graduating students each year settle on a minimum pay requirement, and none of us will accept a job below that when we graduate. All of us get jobs.
In my profession you can get work Part time and be well paid. And that before you even finished your Master. But in Europe attending University cant be compared to the US college-system. Its way harder.
At McDonald’s probably not. But if you have a unique skill set or valuable experience like doing work over the summer in a job related to your field then you are absolutely able to bring it up and negotiate as long as it’s in good faith and not just some made up number.
While I was working in retail (first job out of high school) I found out one of my coworkers that was just hired a couple weeks before me was making $3 more per hour. That’s when I realized all salaries, especially in a place like retail or restaurant, are subject to how the manager was feeling the day the offer was sent.
After that experience, I have never accepted a job on the first salary offer. I always negotiate up. I tell my friends the same. So the advice this women gave in the video is correct.
Nice try, troll. No. Always negotiate, when you get the offer and it is too low for your expectations. Maybe even if it isn’t.
Depends if you’re in a position to negotiate. Many companies will only get approval for a max base salary they’ll offer for the position, but higher level roles you can provided you have the relevant experience and aren’t being unreasonable.
I heard that company always expect you to negotiate. They always start with the lower end of the range, no matter your experience, then negotiate up if you counter, so they’ll get something in the middle. Seen it with my own eyes when my boss is hiring/interviewing to fill our vacancies.
Pro Tip: Usually companies will ask your salary expectations up front as a screener so they don’t get invested in someone who they can’t live without but costs too much. Tell them a ballpark at that stage that matches their expectations and say “but I’m flexible based on benefits.” Ask about things like pet insurance, dependents coverage, shit you’ll never actually need. Then later in the interview process when they make you an offer, ask for the top of the pay scale. When they agree, take off those benefits and request salary adjustments to reflect them. If you change your mind, request those benefits again during open enrollment.
Also works when buying a car.
Good coaching. If we wanna close the pay gap we need to disseminate these skills and the confidence to use them
Don’t take the 82 + 3. The 3 is a one time payment, so they are still hiring below market rate. Also, taxes on the 3 would be at the bonus rate, which is nearly 50%.
“Yeah, no. We can go up to 76k but that will be the final offer” is what I have heard many many times before. Companies today at shit.
Unless it’s a small business, that’s not how offering works. You would’ve been asked what is your salary expecting before progression to next stage of selection and final offer.
After getting fired from a bank for the first time in my 20 year career I was looking for another job. I was referred to a bank by an exceptional employee. The pay was less but so was the responsibility. They offered me a good salary for the role but I knew they had more room. I told them I would love to work for them and the bank but that I needed them to come up higher in the salary. They could go another $5k. Which is what I told them I wanted but I couldn’t take the job at their offer. They came back with another $2,500. It was a good sign to me of their willingness to be flexible so I accepted.
Companies do their own “Market Research” now and are starting to not budge. I received 3 job offers the last time I was looking for work and not a single one would budge because of their “research”. Luckily one paid enough to where it wasn’t necessarily up to par with the market for that specific role but still a huge pay increase for me
I was doing a sort of lateral to a different field and actually had to negotiate DOWN. The CEO called and said the really wanted me on board, but just could not match my current salary. I really needed the move, my wife was getting a lot of increases, so I offered a figure 8G below where I was and got the job. In three years I was back up to old salary level.
I once tried to do that fresh out of university. 2 companies wanted to hire me. After consulting with my dad what to do and with his guidance I told the first company owner that I got offered more at the 2nd company, and the guy got mad at me and started yelling. Told me he had to start the vetting process all over again, and that this is not the way to do things when you start your professional career. I told him that if he was in my situation that he would have done the same thing, and that I don't understand why he's getting mad, he just cut me off and got more angry and didn't let me speak. I just wanted to tell him that I'm going for the other company, but my dad told me to negotiate.
I worked at the 2nd company for 6 months, was bored and annoyed, quit, and changed my profession. Haha.
Something a lot of people don't know, the job interview is not just to see if the employer wants to hire you, it's also to see if you want to work for them. It is also the time to negotiate things like salaries and benefits
But it’s not! Never has been! Market is over flowing with qualified candidates! This is horrible advice!
@@chriskibodeaux9818 Really? Because my boss has been complaining for the last 6 years that they can't find any qualified candidates. Grant you, he is only offering HALF the average market salary for those positions, but it's totally the fault of the unqualified workers (note sarcasm in this part).
I turned in my resignation when i found out he was pulling this crap, instead of hiring the people my department needed to take on the ever-increasing client load.
@@nispelsm right!! Cool story bro!
About to use this to respond to my offer….wish me the best…😅
Thanks so much for this script; I really needed this help
I can tell you flat out most companies I've worked for would bounce you the second you ask for a nickel more than they offered.
Correct - I also recommend that you ask what the salary range is upfront in the process, and be prepared to land lower but negotiate into the top 1/4 of the range.
This works like 1% of the time
I have done this before. They called the next morning and I got what I needed.
This is when I appreciate being the sole owner and operator of my business. No employees, no superiors, no negotiating. I don't even have to bid or negotiate prices or jobs with clients. I simply have a contract with another company, everything is flat rate and pays well. There's a lot of jobs like this in the trades
This is better than the quietly quitting video this one I agree with
I’ve negotiated higher salaries before in a similar way. I said something along the lines of “based on my experience, I was expecting something closer to $$$”. They came back with the same fact amount I asked for. Negotiate what you are worth! If you are in a position to do so, walk away from a job offer that is trying to lowball you.
Just used the script, waiting for them. Thanks
this is some great advice!
And don't forget to check their vacation policy, if they don't bring it up. A lot of US Companies only give 2 weeks to new hires, and that can often be bumped up to 3 or 4 for a good candidate.
I can agree to most but never give them a range. Always be precise with the number you need.
Hmm in my case they did not budge. These people always say year of experience does not matter, skills do. But well, then they say people 10years more experienced are actually earning lesser which I try to negotiate.
Well, I'll get to know what I am worth when I go there, and well they'll realise too. Have to start somewhere.
you're so insightful! slay queen!
Watching this chanel, and living in Poland - you would be unemployed and probably homless by now using this tips.
I’m always scared they’re gonna say “nope bye”
This is only good when you actually have experience and skills you can bring to the table. Not when its your first job.
Wouldn’t salary expectations have been discussed prior to them giving an offer?
Sometimes it’s not discussed in interviews
Yes, it's the first thing usually so you don't waste everyone's time.
If they don't have the budget to meet your expectations why would you interview further?
In my experience in my country, a lot of employers don't have a salary range in the job ad, then they ask you how much you want, but not say anything to it and then they call you saying "we want you but we can only give you less" after you've met them two or three times. It's terrible. If they are not willing to pay what you want, they at least should tell you before you go through all of it...
@@Tamailana I agree. In my experience the salary expectation are discussed in the first interview and then right there they let you know if it’s in their range or not. So that’s why I asked the question. As, if I say my expectations ahead of time and they give me an offer that was inside the range I asked for, would I then be able to to ask for more after.
The very first rule you learn in negotiations, an offer declined is an offer withdrawn.
If you say no, then the offer is rescinded.
Literally never give them any indication of my salary expectations till after I get an offer. I always advise that I am negotiable during the process if the position fits for both parties. I have never had an off receded from me because of negotiation. This method does work, just not for entry level jobs.
I did this at my current job. Except they tried to play hardball at first, so I said thanks, but no thanks. They called me the next day, offering what I had asked for in the beginning 😆
went from making $18/hr to $30/hr in 2 years from doing this. went from a job at $18, then found another one willing to pay 20 doing the same work, then i got a job that was offering $26 then i got my current job at $30. went from making 35k a yr to 105k a yr in 2 yrs
Yep I negotiated $10k just last week!
This was so great! So many are scared on how to ask!
Cause it will never work! Market is full of qualified candidates! Job offers are NOT negotiations! All ur doing is making urself look bad and losing the opportunity!
@@chriskibodeaux9818 uhm… wow…hittin that capitalism juice a little hard aren’t you buddy. Can I call you a cab? Uber? Lyft?
@@livelongandprospermary8796 how am I hitting the capitalism juice by living in reality! Doing this in any job interview will make u look bad and they will instantly move on to next candidate! That not hitting the juice that’s how it works!
Someone once said to me, they will pay you how much they value you and do you really want to work at a company where they don’t value you
My story for this is recent but to your advice it is on the nose and absolutely correct. However I had gotten laid off from a company and during this they eliminated my role which they still needed. So a month later they post it up and I apply. I get through all the interviews and a few for some other companies. Now for my own sanity I wanted to go back to my old company since I knew the team and it would not be a huge adjustment. However as it currently stands I am waiting to hear back and this is after sharing with them the proposed band is not the market value they are asking for the position as well as sharing the base offers I had from other places. The worry I have is it feels like they are trying to run the clock on my ability to have options so they can low ball me.
Can see these amazing shorts in youtube only
Hi! 😊
Happens all the time, it's not a car sale it's a job, so it's best to take the 82 since losing the offer would be much worse than 3k.
Most companies will negotiate when I took mu current role I did market research proposed my salary range and provided evidence they came most of the way to it was 20k above what they initially offered. They then made the rest up with a share scheme
I usually put my ideal salary expectation in my cover letter so that they know what I think I‘m worth. Then if I got an offer I can point to my salary expectation if it’s too low. I also think beforehand of benefits I would like like more vacation or a bike or a fitnessstudio and have a minimum salary I won’t go below - well and then you just try to find a compromise.
For my last job I didn’t really need that fortunately because the offer was just slightly below my ideal salary.
Unless you have access to proprietary salary survey data and are a compensation analyst, your “market data” is flawed! If you are driven by base pay only, make sure you work for a company that has the same values. Otherwise, consider the entire total rewards package: pay, benefits, wellness, career development, and work-life balance.
As a recruiter I will always get the candidate to set what their expectations are and give that to the client so if either party tries to go lower or asks for more it’s bad faith from either
But what if they said they will contact but they don't? How long should it take and what should I do if they stopped the contact for ten days?
Negotiate well before this stage
This obviously depends also on the type of job, I would never not negotiate at the stage I am currently at. When you have no experience it might be a different story but you should definitely research well and negotiate as you move up in your career. In private companies especially but also public service they will usually leave room for negotiation, but the amount of room can vary a lot. Sometimes they really are giving you their best offer and they'll just reiterate that. Other times you can stand to gain a very good chunk of money.
Love this
They don’t do that! They say.. that’s all I got.. take it or leave it.
Or they just offer it to the other candidate who they had on the back burner in case we did this….
How you gonna say that's not how it works when you've never done it smh this is why yall stay broke.
Can you show us how to do market evaluations? Especially for unique jobs such as first responders ( on the private side, not city). I always feel like when I look I get things like indeed and they’re very so much in pay.
If they take the job away from you for doing this as resonable as she did here, then it’s a huge red flag!
i needed to learn this in my early 20s..
Or…they’ll say, “fine. We’re going with another candidate.” See ya in the in-employment line!
If they do take the offer back, you don't want to work at that company. (For many reasons)
If you've truly done the research and you know you're worth more, then you *are* worth more. Don't sell yourself short.
Yeah my job has a structured salary. They would never do that but they would say here is how you can earn $x amount. They actually keep their word too
I person know many people in HR. If you unequivocally know they desperately want you because you have skills and years of experience that are hard to come by then go for it. If you are filling any kind of standard or general role which several other qualified applicants have likely applied for don’t be brazen and don’t get ahead of yourself.
As a hiring manager, I have seen people take advantage of the company's interest in them. Just last week, I asked my resource managers to step back because these people(3-4) asked for 1.5-2 times the market evaluation as we are in a time sensitive situation. At this point, I'll prefer to face the client then to hire these jokers who intend to capitalize on the situation.
Legitimately most of the time if there's multiple applicants unless they are severely underqualified they are going to say no and offer the position to someone willing to take less. This is probably a lot more likely to work in your favor the more prestigious the position is.