About three weeks ago I was called up by a company HR and given a verbal offer. $86,830 + immediate benefits. The salary band was <110K. HR told me twice otp salary was negotiable but I had until end of day to accept or they'd repost.
I asked +7k figuring they'd counter but they rescinded. 3 wks on & no repost.

Question: is it too late to reach out to try and resurrect the initial offer? Upset at myself here, not too prideful, but also dont want to start with a new employer with ill feelings.

like
Posting as :
works at
You are currently posting as works at

You may have dodged a bullet. Doesn’t sound like a great culture

like

I would contact them and ask where your're at in the process. I would not immediately come down. Talk to a person and confirm they still have the job. If the number was too high get them admit that then offer a concession like a cash sign on bonus or extra time off.

like

#1) A verbal offer is conjecture unless written and documented.
#2) It's the first month of Q1. No department(s) of any major company knows their quarterly or annual budgets yet... it's a serious risk on their part to negotiate 7k over their verbal agreement.
#3) The high end of the range may have said $110k/year, but that could have been an incentive just to get applications
#4) The pay band is intended to match on the low, mid, and highly end based on qualification(s) and potential income stream you would be as an employee and you might just not be qualified enough by their standards.

Personally, I usually don't even begin to negotiate salary until I've gotten their initial offer in a written form. It's a waste of your time fighting for a hypothetical and not the tangible...

likehelpful

Agreed.

In the future I would respond to verbal offers with a Great, I will wait for the official offer to assess further. & thennnn you can consider negotiations.

But yah, agree with everything JLL1 said. Just bc high end is 110 doesn’t mean you automatically qualify for that and it also doesn’t mean they’re even willing to hire anyone at that rate.

So… you can reach back out but if they don’t respond after a couple attempts just learn and move on.

like

They probably won't respond even if she reaches out. Salary is usually negotiable - once if you're early in your career; up to 2 times if you're bringing in a lot of experience at a more senior level, and as many times as needed to get to a satisfactory number if you're coming in at an executive level.
So rescinding simply because of one counter-offer is usually a bad sign on any company/or at, the minimum, the team you'd be joining.
I'll only try to resurrect this if I absolutely need a job. If not, just move on an keep applying.
If you must resurrect, just send them a short follow up email indicating that the offer falls within your acceptable range even though on the lower end but that you're willing to accept, etc.
Best of luck but I would blacklist this company if it were to be me.

like

Sounds like you dodged a bullet here. If they’re willing to lowball you like that and demand an answer same day or they’ll rescind — not sure I’d want to work for that company. I know this macro environment is difficult, but you can’t stop negotiating for the value that you’ll bring to the table.

But, there wouldn’t be anything wrong with reaching back out — in my humble opinion I don’t think they’ll be too receptive. Sounds like they might’ve went with an internal candidate, maybe? However, if they are receptive and you’re unemployed, at least it’ll be a job to pay the bills while you sort out if this is the right company for you.

Hope this helps.

like

Why are you wasting time asking us? Email them or call them. What do you have to lose ? I’m surprised they rescinded the offer over 7k.

If they rescinded for negotiating, they really didn't want you bad enough to pay it.

from Dugg, HEO. are their any bonuses or overtime hours? you might be at that salary. they are looking 14k you get 7k + 7k bonuses and OT!

Related Posts

Salary credit timings? Icici bank

like

What should be the salary expectations for mechanical engineering graduate with 5 years of experience in inventory, purchasing and as well as product costing?
Preferred city is Bangalore

like

Hi fishes,

I am trying to download my salary certificate from the alumni portal (2016) but the pdf is password protected. I tried entering my employee id but it is not working. Can somebody help me with the password format?
Thanks and miss infy a lot

like
like

Hi Fishes. I'm in need of a referral, or better, contact of a hiring person from you guys. I'm looking for entry-level roles concentrated in finance. I have 3 months of experience in a back-office investment banking time and am currently looking for an opportunity in Hyderabad due to an emergency. I can join the firm within 30 days.
I have the relevant job IDs if you're willing to refer me.
It's urgent as my mom's sick and I need to be back in Hyderabad ASAP so please lend me a hand.

Post Photo
like

When does pwc ac payout bonuses and any expectations on this year's bonus?

like

Hi all,
I have an offer for 16 LPA (fixed) + discretionary bonus
I have a HR round coming up soon with another company. Could somebody please suggest how much I should ask the other company for?
YOE: 3
Skill: Cybersecurity

like
like

Hi Sharks, Please help me choose between IBM, EXL and HCL. IBM 20 L Fixed +1L JB Band 7B (Mainframe) HCL 21.5 L Band E2 (Mainframe) EXL 21 L Fixed + 1L Ret Bonus Band C1(Mainframe modernization) Previously IBM offered designation as Senior System Analyst, now in counter offer it is mentioned as Senior Application Developer, what will be the difference in terms of Roles and Responsibilities. Yoe- 6.5 yrs Tech Stack : Mainframe IBM EXL Service Infosys Cognizant Tata Consultancy Accenture Capgemini

like

Hello Everyone,

What will be my in hand salary in CTS for 20 LPA including and excluding tax?

Cognizant

Post Photo
like

Hotel or corporate housing? Benefits and drawbacks of each. This is for a long term engagement in Denver. I really like getting my Marriott points, but wouldn’t mind staying some weekends in Denver.

like

International tax senior associate- Deloitte

I have an interview with Deloitte next week for senior associate Internacional tax in California. How much salary I should expect? I am sure this question will come up and I don't want to underbelly myself. Currently I am a senior at other Big4.

like

What benefits does JP Morgan offers for AVP role? In specific to GFCC groups..

like

Ok, after an HR screening (and salary requirements) I had 3 interviews. Then HR calls for references and to be “reminded” of salary requirements. All 3 references now contacted. Will I get an offer?

Hi all, I'm waiting for the offer / Letter of Intent from Societe Generale. Submitted the compensation documents a week back, would they reject the candidature if the expected CTC is out of their budget? Or atleast let me know..Societe Generale

like

Fishes, need ur suggestion on my relocation rqst frm BLR to LKO due to medical reasn already verified by the HRBP a year ago. Have 9 YOE, 2 in TCS. Had several individual & 5 joint discussions with HRs and project mgmt upto Dlvry Prtnr. Follow up mails copying Sub ISU (RMG,HR & Unit) Heads. Every time I was given a new date (3 mnth) for discussion, giving reason project not in a stable condition & ban on release from Unit Head. Both location RMG approvd, supervisor rejectd rqst on GESS. pls hlp

like

Resigned from TCS and LWD was a week ago. I received August's salary credited to my account. I cannot find the payslip in Alumni Portal.
Any idea when will I get August's payslip in Alumni Portal.?

like

EY recruiter reached out about a FDD position. Can any fish share some light on what salary range I can expect as a S2 at NYC?

like

Hi I am having 2 offers into data analytics
1. EY GDS - Bangalore
2. PepsiCo GBS - Hyderabad
Package is slightly more in PepsiCo, can anyone suggest which one to go for considering job security, annual hikes, benefits.

like

More Posts

Notice period in jpmc is 1 month or 2 months?

like

Do we have leave encashment policy in PWC at the end of every year.
If yes up to how many leaves we can encash?

like

I am going to start a career as a Patient Access Rep soon. I have previous admin experience and I am wondering if I should ask for a pay increase to salary? The starting pay for this position is 16.25 but I am wanting to ask for 19up…How much are patient reps making now days in this medical field?

like

Anyone want to drop me a referral to KPMG?

like

Can anyone pls help me in RRP ??

If you’ve had issues with BED, please share how you recovered, what has helped, etc. thank you.

like

My work gives us points/money for achieving certain activities such as exercising for 180 mins per week. I have my Apple Watch automatically sync with the app that tracks our activities and it works great. Problem is I started using NRC (Nike run Club) app for runs and it interferes with the Workout app on my Apple Watch and it doesn’t get tracked. Has anyone found a way for the NRC and Workout app to run simultaneously (pun intended)?

like

My sister started her career in manual testing.. She is having 5 years of gap after her graduation.. Due to family and kids .. Just wanted to know hows the growth in manual testing.. QA folks please share your views

like

Any one from tata technologies? How is work life balance and job security in ER&D...

like

Anyone ever flown west jet from US to London?

funnylike

Anyone have any recs for self help books? Looking for more relatable topics to myself I guess?

like

Recs for LA & San Fran??

like

Recommendations for an Alps ski resort between Zurich and Munich by car (Switz, Austria, Germany)? There are so many but looking for a developed village with lodging options and good lifts. Any faves?

like

Any day trips in early March that you recommend for a couple (in early 50s) spending a week at Secrets The Vine resort in Cancun? Not sure there will be much to do for a full week at the all inclusive report. And any transport logistics that go with any such recommendations. Thank you.

like

Best money-tracking app out there? I've heard good things about mint???? 🤔💸🤔💸

like

Feels like the interviewing process needs a lot of disruption. In what world is it okay for currently employed people to be expected to have multiple face to face meetings for a potential role?

likehelpful

Bain & Company There’s positions at Bain & Company and Oliver Wyman that I am willing to apply for, I appreciate anyone that could offer me a referral 🫂

like

Hi Everyone,
I’m looking for account manager or account manager referrals.
I have 4 years of insurance underwriting experience.
If you know of anyone that I could pass my resume to, Please let me know!!!!

like

Guys ..
When will final settlement take place? What will be the components of it?

Additional Posts in Salary Negotiations

Anyone working as a 2 years + lawyer for Fragomen in Canada can share their salaries and working advantages? (holidays, billable hours etc). Got an interview coming up and want to make sure not to under-sale my profile!

like

I’ve been working a Boston based commercial lender for about 9 months as a credit analyst since leaving my relationship manager/portfolio manager role in agricultural lending. I’ve been presented with a portfolio analyst role they have created for me (was told not to apply for a PM role) . The offer is for $100k, is this reasonable? I feel like I have leverage due to underwriting 48% of the volume we have booked by myself and my team is 7 other analysts.

like

What would everyone think would be a good salary for a senior manager of digital product and strategy for an established fintech company? Comparably has 179k base as the median. Recruiter mentioned 173 as their all in top.

like

I received a job offer from company A and am currently negotiating salary. I have an interview with company B next week and know that they offer a higher base pay. There’s no guarantee that I will be offered a job at company B but my gut is telling me that company B would be a better fit for me. Should I accept the offer from company A, continue interview process with company B and then rescind my offer with company A if company B offers me a job? Will I be burning bridges?

like

BSME ~1yoe what’s an expected pay raise for an annual review was thinking of some percentages and wasn’t sure what’s too low or too high

like

What is the average base salary for most account managers in the tech space?

like

I’m starting in audit accounting in Charlotte, NC as an associate. What’s the best way to find out how much I should be looking for when it comes to salary?

like

Im not sure but how much do normal warehouse managers make ? I work ina start up that a makes a substitute for peanut butter for people with nut allergies

like

Hi! Recently discussed an associate graphic designer role with a recruiter. Is it reasonable to expect an 85k base in NYC? Am I underselling myself? They started with it being a 75-80k budgeted position. What are typical base salaries for someone with 4.5 ttl YOE? Does it matter that 3 YOE was in an adjacent industry?

How to ask for a raise when you have more responsibility ?
Is it normal for people to ask for a raise when more responsibility/task fall under them? My company is going through separation and unfortunately my team is the one getting separated, I have to take on responsibility of another 3 people and continue to deliver the same after separation… how will you start this conversation with your manager ? Thanks in advance.

Currently going through some negations on an internal role. I’m currently at 88k and they offered me 100k for a position that requires a lot more work. Do you guys think it’s easier to land a higher salary when applying externally rather than internally? Also this is for a territory sales management role. They stated 120k+ is extremely high for that role. What do you guys think? Playing the game?

like

Hi, what is an entry level salary, or what would be a fair pay for someone starting in a Cyber security consultant role, without any experience in the field, with a Comptia A+ certificate and getting training on the new job? Thank you

like

What’s the salary band for a Director level for Big4 in New York? I am moving there and need to negotiate salaries

like

Can anyone tell me average salary for a seasoned medical device rep? 8 + years of experience.

like

What is a salary for SVP at Valley National Bank?

like
like

During my interview process I clearly stated my salary expectations of 95k-105k. They came back with an offer at 80k. Is it even possible for us to come closer to a better agreement with them being so low? All other aspects of the job are in line with what I'm looking for, so I really want to make this work.

like

I have a friend moving to North Carolina in a few months. Does anyone know what the salary range is for a Commercial Banker job grade 10 at Fifth Third?

like

My husband just received a job offer on an opportunity he is really excited about. It would be great for his career and they are giving the 15% jump in base he asked for, however they won’t share what the target bonus amount would be. It’s an executive director position, so I would assume it’s a decent target bonus, but without that in writing it could honestly be a gift basket at the end of the year. Is it a red flag for them to not share this? His total comp could be less at this new job…

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal