How do you negotiate salary when you’re the boss? Heh What’s your experience like? Do you take what the standard is or base it solely on how your company is doing?

like
Posting as :
works at
You are currently posting as works at

I think for someone in your position I'd consider salary negotiations as a mix of market benchmarks, company performance, and long-term sustainability. When I owned my own company, I usually set my comp based on industry standards, and then I would just adjust depending on how lean or flush we were. It’s a weird balance between fairness and fiscal responsibility.

like

This is great advice! Very much ageee

I generally pay out whatever I want to myself, some years I would reinvest everything if there were a lot of opportunities, other years I would pay myself very well since I have no better place to park the cash.

like

That’s a good deal. Hiring? Heh

Related Posts

💠SAP Mega Drive 12th Nov'22 💠
LTI - India

Interested can Dm with job roles and email id to apply

Post Photo
like

What are the best consulting firms operating out of London known for / working on sustainability and energy transition topics? Many thanks!

like

Hello fishes,
Need 11 likes to enable DM
Please help 🙏🏻
Thank you

like

Forgiveness - Today’s Beautiful Hadith is about Forgiveness
Abdullah ibn az-Zubayr (RA) said on the minbar, "Make allowances for people and command what is right and turn away from the ignorant." (7:199) He said, "By Allah, we are only commanded by this ayat to accept people's character. By Allah, I will accept people's character as long as I am with them."

(Al-Adab Al-Mufrad 244, Book 12, Hadith 7)

like

Does anyone have experience with making a WIG Goal using the 4DX method in Human Resources? I have been given this task and I’m having a hard time putting a WIG together. Any ideas?

like

Hi guys ,
Which is best among CGI and HCL for automation testing role?

like

Can we reimburse domiciliary expenses in PwC india?

like

What app do you use to order groceries online? Preferably one with quicker turnaround time in downtown and lower service/delivery charge?

like

How worried should I be if I haven’t yet received an interview invite to my safety (a T15/T20)? I have already interviewed at 3 schools including my 2 top choices so I’m super happy about that, but not feeling super “safe” about not having heard from my safety yet because anything could happen with my targets?!!!

like

Hello Guys,

I joined
Cognizant recently, the project interview calls which I am getting is not from my base location.
I have the location constraint, should I wait for the right opportunity or raise this concern to ADP team so they can look in to it?

As per ADP policy, one should not have any constraints and take the project as FCFS basis.
Cognizant

like

3 Things to keep in mind which changing jobs:
1. Always ask dedicated budget for the job before you tell your expectations.

2. Always have atleast 2 weeks of gap before you join any company. You might not understand significance of that but just have a gap.

3. Always talk to people of team you will be joining before you accept offer or atleast before you join company.

like

What is the average package for a Team Lead in BPO sector? (Mortgage, Accounts payable, Invoice processing etc)

like

Hello fishes, does anyone know about 60 decibels and the work culture is ? An insight would be very helpful. Thanks in advance :)

Wishing your inboxes a quiet late afternoon on this fine Friday 😬

Post Photo
likefunny

What firms do higher variable comp? I’m familiar with A&M’s model, but curious if there are others. Figure if I’m busting it, might as well get compensated for it.

like

What are the best consulting firms for someone with a TS/SCI with FSP? Non staffing roles. I’d rather do strategy, transformation, tech integration, etc...

likehelpful

Thoughts on Walmart eCom? Know anyone there?

What are the 🐠 thoughts on exiting to a late stage start up in this environment? Series F with a 2B+ eval. Role is a SrPgM within the ops team.

Everyone complains about high healthcare costs in the US. I understand that it’s a complex problem including drug prices, insurances etc. But no one talks about the high physician salaries. Why do surgeons make near a million in the US while they make $250K in Canada?

The artificial supply limitation should end.

like

Does the concept of local and high value role exist is Deloitte, Accenture or PWC?... been consulting for 13 yrs

Additional Posts in Salary Negotiations

If job posting pay was $36.66 hourly (no range) what would be an acceptable offer and counter offer?

like

Does anyone know how much Licensing Manager should get? I am currently a licensing specialist and waiting for my promotion. My boss said it is happening before Oct so I just want to have my number set.

like

Hello all,

I have an Interview with Atlassian for a pre sales solutions engineer role in Canada that requires 5-8 YOE . What's the salary range I should be aiming for ?

like

I was approached on LinkedIn for an early career recruiting role in DFW, TX. I don't have direct experience, but I have the university experience/connections from working in career services. This is the first time I've considered work outside of higher education. I said my salary expectations are minimum $90k and that didn't seem to be an issue. Am I asking too little, too much? How can I know I'm getting the best salary and not just settling at the low end of the range?

like

Any HR pros able to explain the process for hiring US citizens to Canadian offices, and if that process is so onerous you would rather offer a much higher US salary to avoid it?

like

Hello, I’m being offered a policy analyst position what is the typical range I should ask for. I’ve done research and it’s a wide range.

like

How to discuss higher salary based on change in expected work hours per week

like

What jobs are currently paying 85k?

like

I received a job offer from company A and am currently negotiating salary. I have an interview with company B next week and know that they offer a higher base pay. There’s no guarantee that I will be offered a job at company B but my gut is telling me that company B would be a better fit for me. Should I accept the offer from company A, continue interview process with company B and then rescind my offer with company A if company B offers me a job? Will I be burning bridges?

like

Do you negotiate with your current employer after accepting a job offer from another company or before ?

like

I have an interview lined up for Autodesk US as an Data Engineer. Wanted to understand a bit more about salary structure and how company really is?. Autodesk

like

Anybody know salary range for VP Operations for GS in SLC?

I’m currently in the process of being converted from contractor to permanent. In my initial conversations I was under the impression that I was in a different pay grade and asked for a salary 25k higher than the max allotted for my position. I feel like it gave the impression that I don’t know what I’m doing. Any suggestion how I can recover from this?

like

I got a job offer but it's 3k less than the low end of my happy range. But there will be a review in 6 months with the potential for a raise. I'd rather start at the low end of range. What is the best way to ask for that??

like

My husband just received a job offer on an opportunity he is really excited about. It would be great for his career and they are giving the 15% jump in base he asked for, however they won’t share what the target bonus amount would be. It’s an executive director position, so I would assume it’s a decent target bonus, but without that in writing it could honestly be a gift basket at the end of the year. Is it a red flag for them to not share this? His total comp could be less at this new job…

like

Looking to get into implementation at paycore. Anyone have any salary or info on it? Would anyone recommend them as a good company to get started in implementation?

like

I’ve been approached my by company that one of our large clients (who im currently project managing for) is looking for a consultant of sorts, and if they hire us, I’d be the first person asked to take on this consultant role. This isn’t something my company typically offers and would greatly change the scope of my role. Has anyone ever taken on a role like this? If so, were you able to negotiate a percentage of the consulting fee? Or was it a bump in salary during the project?

Started a new job a year ago, high performer. My manager suggested a promotion to Product Manager since that‘s the work I’m doing, but that would be a 50% raise. Higher ups decided instead to make a “new role” (not PM), that has no analog in the company and is hard to price via Glassdoor, etc. I feel like this is to limit my promotion salary to something like 10% from where it currently is. Is there anything I can do? FWIW: I have a PhD from top 5 program and am working in that field. Thanks!

likehelpful
like

I am depressed because I am getting paid 15k less than the person who I am filling in for while she is on leave. I am still doing my job on top of that. I don’t know how to address this with my boss.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal