After quite a good interview discussion, came the comp question. The HR insisted on knowing my current package but I didn’t share however he did ask about my expectation which I replied as mkt....
Legally, I didn’t think they could ask you your current comp. Not sure if that is just a NY State law. As such, it makes me cautious that HR asked it. They should know and know better.
Honestly, I would be more direct, if you are looking for $125K, then state that is what you are looking for or give a range of $120-130K.
Tax managers are in high demand. I can’t speak to the Chicago market per se but $125K for a 2nd year manager in NYC is well within market and could even be low.
Standard, then comes question as to what’s the expectation number I have, here I think I gave a a rough figure (not sure what’s current market standard is for 2nd Yr. Tax Manager in Chicago but does 125k sounds right?) I am right now making 110. Tips to deal with Comp questions?
Sufficient, but I’d give them a specific range - no reason not to. Plus their idea of market is almost certainly lower than theirs. Maybe find a resource that lists a market range for that job and send it to the HR person saying your expectations are that range, etc.
I thought they went away from asking for previous comp so that they do go towards equitable pay within the bands...
125k for a second year manager in Chicago should not be an issue. I make right around that as a 2nd year manager in a lower COL city in the Midwest so you could probably reasonably ask for more.
Maybe it depends EY3? I’m Midwest (not Chicago) and didn’t pass that amount until I made SM.
I’m highly rated so I guess that’s why but I still think 125k is very reasonable to ask for in Chicago.
Thanks for the responses, let’s see how this turns out.
Download the app for more exclusive discussions.