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Additional Posts in Salary Negotiations
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Coach
Any company that rescinds an offer just because you try to negotiate should not be a company you want to work for anyway. Thats a huge red flag. Negotiating is a very NORMAL part of the recruitment process and employers expect candidates to negotiate. It makes no sense for them to rescind because of that. They can simply say, “no that’s out of our budget, we can offer you $x max,” and then just leave it up to the candidate to decide. Why take an offer back when you’re at the final stage just to start the whole recruitment process over again.
Hasn't happened to me yet, knock on wood. I can really only see this happening if the candidate makes an absolutely ludicrous ask, or if they've gone back and forth so many times the company just decides they're not worth the hassle. As long as you're tactful and reasonable during negotiations, rescinding shouldn't be much of a concern. Companies expect candidates to negotiate offers and shouldn't penalize you for doing it.
I think it is how you negotiate. Do some research, find the salary that aligns with your ceiling, and generally counter for a bit above that. If you are modest with your counter, it feels unlikely that they’d just rescind. If they offer you the job, it means they want you! I understand the anxiety, but there’s almost always wiggle room
I've heard of that happening, but I don't think it's very common. In the instances I know about, the people just went about the negotiation in the wrong way. As long as someone is professional and polite it shouldn't be a problem. Where people get into trouble is when they just come off as unprofessional or unserious.
Did you do follow up?
Congrats on the offer! I’ve heard of an offer being rescinded but I think as mentioned previously, the person went about it the wrong way (emailed a bunch of very specific questions about health insurance, etc and the tone was completely off). I think as long as you lead with gratitude (“thank you so much, I’m so excited, etc) and make sure to negotiate on video/on call (vs email which can be misconstrued), and are reasonable in your asks, you should be good. I’ve never regretted negotiating, if anything I should have negotiated more in my past.
you got a verbal offer? how do you know by end of week?
Not officially, the hiring manager told me he was going to extend an offer and to expect it before the end of the day Friday so I would have the weekend to consider.
When unemployed the only way to position yourself on a position of strength is by having multiple offers. Last time I negotiated and held one company offer in my safety pocket and negotiated hard with other 2. Finally took the top offer
I declined a candidate who tried to negotiate 20% above the offer. The offer is binding, but once a negotiation is opened, the offer no longer holds. I had another candidate I liked just as much and pivoted to her - it was the right choice since she's still here 4 years later, having grown into a much better role!
Thank you for sharing this behind-the-scenes look. Is there any advice you can tell us about what the first candidate could have done instead to get the role?
It just was not meant to be
“I was so excited about our talk. I have been telling my family/wife/girlfriend how great it’s gonna be! but just one thing. I noticed that the original offer is different blah blah blah “
I'm in a very similar situation and am interviewing with a couple different positions adjacent to my historic roles. I have 10+ years experience and am newly clinically licensed, however don't know the first thing about negotiating salary.
Really think about what you are asking...if you seek 10% or less in salary increase, is that really worth it. If you have a commission component, then you could asctually make more that way than risk losing the entire job over a minor base salary issue. Ask if there are other components to increasing your overall income; RSA, certain bonuses etc. vs salary increase. Also ask for perks that offset the income - PTO days for example.
If you dont have another offer or strong alternative on the horizon, I would tread lightly on negotiating. With so many layoffs recently, having a good job with good benefits is more than just basic expectation these days. In my opinion sharing that you have another offer can really backfire. It really annoyed a hiring manager when I had an offer in hand verbally from the HR person after simply inquiring if they could match a different offer, the hiring manager decided to rescind their verbal offer and I never got the formal offer.
I highly recommend you just focus on what you want with the existing job and not tell them why you have a different offer. You can indirectly use the other job info in the back of your mind to negotiate the criteria for the job you want