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I tell folks that when you have an offer, that’s the best time to negotiate because the company wants you. It’s better to negotiate one or two things that are important to you, rather than several. It makes your position stronger to have reasons for negotiating. For example maybe you negotiate a signing bonus if your previous role gave you a car and this one doesn’t.
If total comp, base+bonus, is flat, or not enticing enough then definitely yes. If the higher base is so much higher that you are still getting a significant raise then I would still try. Find something that justifies it. They usually will concede a little bit, or give you a one time signing bonus to meet in the middle. Just don’t be an a-hole about it.
I negotiated the job offer i got this month without competing offer. If you did really well on the interview, you should still negotiate. My approach was that I told the recruiter I’ll bring more value based on the conversation I had with the senior director and brought up a specific extra/side project they mentioned on the interview and tell them how I can bring that to the table. My approach was very specific and also look at the whole comp package. The start up I’m joining doesnt hve 401k matching so I also brought that up. In the end i got the max number i wanted because I negotiated based on my interview result and conversation I had from the questions i specifically ask so i can use that for negotiation.
This is great advice @PM1!
Personally, I always counter. I think they expect it, which is why they usually come in lower than they're actually willing to pay. I never go with the first offer.
Can you share how you justify it? Is there a standard approach you take?
Always negotiate. I make offers all the time. I never try to give someone an unfair offer, but I often leave a little bit of wiggle room. Your negation will usually be the easiest 5k you ever made.
What if the recruiter gave the candidate the salary range in the initial convo and then the offer was the high end of it. Would you still negotiate?
One thing you have to get past: you don't need to have a "reason". If you have a disagreement on what the value you bring to the organization is, the best time to hammer that out is *before* you take the position. Otherwise, you'll end up regretting that you didn't get what you feel you deserved.
My problem is that I can never seem to pinpoint an average salary for a position
Fair. But in my particular case they reached out to me directly via LinkedIn. No recruiter. I asked for a number higher than the city's average for the position but what I had not considered was that the company pays a lot more than the average 🤔
You will definitely need to have data or something to back up why you’re asking for xyz more. But always negotiate the worst they can say is no! I am L1 and got an offer for my first product role and I still negotiated. I pulled numbers I saw on different salary sites and averaged them . The company couldn’t budge on base salary (tbh it was very good) so we found alternate ways to adjust my TC (added 5% base salary, decreased equity) and I was happy.
Interesting, thanks for the input! So did you suggest lowering equity or they suggested that after not being able to budge the base? Do you think it’s a good approach upfront to ask to lower equity in exchange for higher base?
One technique that I have used was giving them a flexible but high salary figure that I say I earn. A few times this allowed me to learn their upper limit for that position and showed what’s not possible. I try to have this conversation at the beginning so there won’t be any misunderstanding at the end.
It doesn't hurt to and I've never met any hiring manager or recruiter who wasn't expecting it. Just be fairly reasonable and state your case.
This is great advice.
Always always negotiate. If you need help, try: https://www.levels.fyi/services/