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How to negotiate & renegotiate offer?
Comp A - got the first offer
Comp B - got the offer by showing offer A
Comp C - got the offer by showing offer B
Now want to join Comp B. So which route would be optimum for negotiation again -
C -> A -> B OR C --> B
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Strategy& fish - i’m currently recruiting for org strategy. Ive talked to associates (in the healthcare practice) and theyve mentioned that it doesnt matter whether youre in corp strategy, org strategy, etc and that you’re pretty much pooled by industry when it comes to staffing.
Can someone confirm this? Also, what do you expect the restructuring to look like?
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Tell them you need (whatever your salary + $40k is) and $15k signing to make a jump after only 6 months 🤷🏻♂️
What’s the downside? They say no, you stay and there will be other opportunities down the road. They say yes, you made some bank.
Hmmm...thank you.
Pro
Outside of this year KPMG is good about annual raises. My previous company before I joined from KPMG, I had a good salary but only 1 raise in 3 1/2 years. Joining KPMG, my salary has jumped from 75k to 105k in 3 years. Just make sure the new company does annual raises too... or else that 30% increase may get eaten up pretty quick.
Chief
Take the offer?
Rising Star
As long as you don’t have a history of jumping, I’d say take the offer and plan to stick with the new job for a few years.
Jumping doesn’t matter. Take it and go.
Not much of a question unless you have concerns about the differences in type of work/work-life-balance.
Thanks. I know KPMG’s work-life balance at the moment and I’m fine with it...but there is the factor of unknown about this offer in that respect and I wouldn’t know if the risk will be worth it.
Where are you goong?? Take me!!
I did not know league of legends paid so well! Good for u OP!
Is your job at KPMG your first job? If not, how long did you spend at your last job? If you spent more than a year at your last job, then I would take the offer hands down. If less than a year, I would wait till I hit at least a year at KPMG before i switched
Thanks for the reply. Nope. KPMG isn’t my first job but I like it here and I planned to stay for at least 2 years until this new offer came on. At my last job before KPMG, I stayed for 2 years.
Is it another B4? Or boutique?
Is there anything special about the other offer besides higher pay in the immediate future?
Is the role aligned to your career goals? Is the career and pay trajectory better than what you have over the next 2-5 years? Will exit options be better after 2 years? If the answer to these questions is yes, take it. If not, then think more carefully before accepting.
Tbh, the new offer offers something that looks like an all round experience. They offer to allow me spend 3 months in each department they have like Forensic & Litigation, Tech, Health and Global risk and investigation before settling on one after 1 year. This is something that sounds exciting to me.
How much of a raise is $25K in terms of %? If not more than 10%, then not worth it yet.
Also, is the other firm a highly reputed firm? If yes, then also worth it to leave.
Think for yourself what’s important and not for the firm (especially one that does not care about you)
$25k is about 30%.
Secondly, they’re obviously not a big 4 but they’re a firm of about 35,000 employees with presence in other continents.
I guess my major concern is that I’ve only spent 6 months and I’m not sure it is enough to consider jumping ship.
You already decided when you interviewed
If you build your skills and experience in next job and we needed you in future we would hire you back you back for that offer plus some I have been around folks that left within less time for new opportunities. The worst people can say is you value feeling well compensated for what you bring to the table and your answer to them is Yes I do
Don’t know where the downside is, take it OP
Take it - that's a great deal.
What are you wondering? I'd take the offer unless there's some serious reason you're against it.
One major reason I have is I feel 6 months is too short to jump ship.
If you got a sign on for kpmg, see if this new offer can cover that. Also try to negotiate into your new sign on any bonus amount you may be forfeiting
Advice noted. My sign on when I joined KPMG was $5000.
I’ll echo what everyone else has said - take it. Unless it’s not significant amount to your salary (I.e., PPMD), but you wouldn’t be asking the question if your salary was at that point.
Long story short - take it if it’s more than 20% of your salary.
Well depends on what you were doing before and how long you were in your previous employer. A one time 6-month gig will not damage your reputation and you can speak to the why clearly during a future interview.
Take it!
Money isn’t everything...
right, KPMG is everything
Asks a “burning question” and doesn’t respond to any advice
Lol. I’m. Don’t forget today is Diwali. So I’m at a friends celebrating. Thanks for the concern anyways.
Honestly - $25k wouldn’t be enough for me to move. Depends on what % of your current base that is, IMO.
Thanks SC4. That’s the truth 🤣