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Did you try Googling it first? 😂
My friend who worked really hard to get a job there was so relieved she didn’t have to go through this exercise. I mean it’s tough because I think a lot of people would lowball themselves for the promise of working there... c’mon fish! Let’s help out OP!
Typically companies offering total comp (salary, bonus, equity) will come in competitive on salary, then cinch the deal with the equity offer. A place like Google may search for 6-12 months to fill a role, so if you’re at the offer stage, they don’t want you to walk. Over bid your total comp by 30% of your target salary and you will be close. Also, try to get a cash value guarantee for your vested equity: basically a promise in the employee agreement that if the stock price goes in the toilet prior to vesting that the company will make good on the issued price either with bonus cash or additional equity. Oh, and make sure your bonus money fills the gap to your total comp prior to your vest. Good luck!
Get it
@CD2 I was wrong, it's not framing but anchoring. You can find a shitload online, or If you really want to go deep you can for example read "thinking fast and slow".
But you can easily test for yourself. Consider this thought experiment with random numbers: you have 100 but you want more. We all hope for more and we'd like to be valued more, so our natural reflex would be to ask: put a price on me. Still in the hope one might say 150 or maybe even 200. This would make us feel good and the only chance for this feeling is by not making the first move. However, in reality people rarely get such a positieve surprise, and we can cope with it, but blew our chance in te meantime.
Suppose you secretly want to end up in the neighborhood of 150. If you would ask it, and they where willing to pay more it would be a loss. But what If they, not knowing your current number, call 80. Going from 80 -> 150 is very hard, nearly impossible. You can mention your current number to bump it and maybe end up around 115/125 If you're a good negotiator.
In the same logic, you still aim for 150 but you're the first to move so you say 200. Now they need to put in the effort to lower the number. They will probably not go as low as 120 because that seems too much of a lowball given the situation. So you'll end up way higher. You might not get the 200, but you might get what you wanted in the first place. And IF they where willing to pay you over 150, they can easily do so.
You need to be worth it obviously. I wouldn't ask 200 for a 75 job in the idea of ending higher up. But you might want to ask 100 in that situation.
So do your homework ;)
Hope this helps.
I would put it back on them and ask what is the range they are considering for the job and you can let them know if you are comfortable with the range.
They aren’t able to ask what you currently make if you live in NYC. you could add 25-30% more then what you make now
Wait... how senior are you? Google usually just sends the offer package after working it out with the hiring committee. No?
Honestly yes, ha. Glassdoor was little help and peops are tight lipped.
@FCB OP
Good luck
@principal UX Designer 1that's ill advise. If you can, always name a number first, taking the nego into account. It's called framing.
MD 1 Really? Can you talk more about framing? BC everything I've seen says to get them to name number first so you don't undercut yourself. Which is obviously a challenge when they ask for a number so would love to hear how your approach it.
I recently switched to tech as well. Salary went up around 20% and I got around 2,5 years salary in stocks vested over 4 years.
They may not be able to ask depending on the state you live in
@strategist 1 - they asked as part of the hiring committee, I was curious about others experience
@OP could I ask what position and level you are applying for?
It’s a marketing role (vs sales) and the only descriptor is “lead” - I know it has direct reports but I am unsure of true level
They're funny with titles there, my old boss went from a Director (6-10 direct reports) to a Lead, though I don't have any insight on her new salary.
You only get one shot, so ask for everything in your package, including PTO and other details you want.