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Hey,
Is it a good idea to join Paypal for Software Engineer III from Walmart Software Engineer III, for the base salary of 35LPA and 9L RSUs per year for Chennai location ? I am currently withdrawing 24LPA as base and 4.2 as Variable and 3.5L RSUs vested for 4 years.
I have been told that I'll be part of Risk team under Paypal Transactions domain. Any Idea how is the work culture and tech stack here in this team?
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Considering offer as a Manager in Protiviti technology consulting practice. Considering moving into consulting after over a decade in industry. Can anyone share their perspective on what what it’s like working in protiviti technology consulting as a manager now? (I.e pros and cons). Appreciate any insight!
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Rising Star
The best way to negotiate is if you're willing to walk away. Just be candid about the salary concerns and confident in your ask
Yes. Confidence is key!
I’ve told a hiring manager that I can’t accept a lower salary than I’m making because I have a budget in place and certain expenses I need to pay monthly. And that (unfortunately) to accept a lower salary would hurt my financial planning for my future. They were very understanding when I approached things ‘human-to-human’ and matched my ask.
Update. First. Killer suggestions. I had a solid email written why I needed 18k more to make this work.
I had a quick check in with my hiring manager after the offer was extended and at the end of our call he said “The recruiter told me you were less than thrilled with our offer, so I wanted to increase the overall salary by $7k and give you a $5k sign on bonus”. I was thrilled.
Could I have pushed back for even more and maybe got it, yes. But honestly for me, it’s the thought that counts. They could tell I wasn’t happy, cared about that, and showed me by upping my offer. I start in 2 weeks. Thank you all for your help.
Chief
I would agree that their willingness to meet you in the middle shows a lot more value than a few thousand extra bucks
20k is peanuts, I advise to apologize that your leaning towards declining despite the opportunity and the value you can provide them. Wouldn’t be a smart move financially unless they can make it up with equity and or title/budget/bump in responsibilities.
Rising Star
Nothing gets past Glassdoor1
The best way to negotiate is to just ask. Be honest and tell them you are interested but your salary expection is X. If they want you, they will offer the higher salary.
You are in a great position to negotiate: you have a job.
Three key elements:
- remember this is still a “job market”, emphasis on market. You have a skill they need. Your skill has a price.
- first offer is never the final offer.
- remind them of important milestones in your experience that makes you a top notch candidate.
The only times I’ve had significant movements is by having competing offers. Asking nicely was able to add around 5k but you really need competing offers
I mean this guy has a competing offer - his current job! Having additional competing offers may help, but if they're asking you to take such a large pay cut for the privilege of working for them, I'd assume competing offers will not make much of a difference. Saying you are excited about the role etc but it's hard to justify taking a significant pay cut to work there should be tactful enough.
always negotiate the first offer specially if you felt you did good in your interview.
after the offer has been laid out to you, ask questions - doesnt really matter what it is but hopefully somewhat related to the offer and the job. even if there are no other offers, bluff, i mean not blatlanly, but make them feel you have choices.
tell them you will review the contract and read through it. they will pressure you to sign right away, with a deadline - a day or two. specially if your bluff worked. if they do, tell them you will consult your wife, family or whoever so now they can't press you anymore. you are not the decision maker.
give it a day or two - not too eager, not too long, reply and explain that you are getting XXX from your current company - and you love it, you know you can provide value but the salary isn't what you expect. discuss in detail what you like about the new company, maybe share some stories from your interview then boom, ask $$$ "i was hoping to get $$$ i hope we can make that work" - there are templates in Google, i kid you not. haha
earned me additional $5-20K in past negotiations.
they would probably counter with "we have a good benefits package and some peanuts" - after this you are on your own brother/sister.
negotiate your first offer. whats the worst that could happen?
I would say I’m really interested in working for your company, but I have an offer from another company for $20k more. If they really like you enough they’ll respond with a counter offer so that you stop considering the other company (even if the other company doesn’t exist).
Keep it positive and be honest. Often HR will have more flexibility with cash bonus which can more than make up the 20k for a few years. So long as you genuinely want to join and this is the only obstacle, you should be able to arrive at something agreeable. Work life balance is better here than many places offering higher salary.
You’re in a very good position to ask for a bit more. Just let them know that the salary is slightly less than your expectations and coupled with inflation it would be very difficult for you to comfortably accept the offer. I’m sure they can be flexible etc….
Bring facts and figures. The data is out there. Go to levels.fyi and search for salaries of similar companies.
Nah, just say no and move on. If they want you they’ll do what they can to get you
If you have another offer definitely lead with that. They don’t have to know you prefer their role. You can make arguments why both are great roles, and that perhaps you slightly prefer their role but the other compensation offer is better. If they can give a competing offer you’d be willing to go with them. Sometimes if you have a number that will do it for you you can tell them if they got you X you’d sign right now.
It’s a candidates market. I’d say if you’re just not willing to take a pay cut, and you can stay at current job a bit longer. Tell them “based on my experiences and the average soo and soo I was expecting this salary… How much flexibility is there to fill that gap for me? If you go to themuse.com they have great conversational pieces on how to do this negotiation thing properly . Set ups time with the recruiter to talk. Trust me don’t sell yourself short bc Even if you like the company now, it will frustrate you once you jump into a role where you aren’t making something that’s sustainable for you. Best of luck to you. Stay strong
Brilliant advice. Thank you.
Just have to be upfront about it. Reiterate why you're a good employee and why you deserve to have your salary matched.
Pro
How do you not negotiate on literally the first call?
Some companies expect you to negotiate even though you set the expectation. This is really ridiculous and it’s why some walk away from the offer.
Always ask for more. Recruiters will always low ball in the first offer. The magic question is, “is this the best you can do?”
There are always two journeys towards self validation. One you have to sell, and one just for you.
I think I stand for all
Fishbowlers that most of the recruiting and hiring process is subjective to your recruiter rather than objective to your verifiable skill capacity. In short, the people that are hiring have no clue up until the hiring manager.
Eventually there is a skill to finding and adapting your story to be beneficial for the hiring manager. And a secondary game of getting through the ignorance of the hiring process.
Always remember that you build your way to the HM and you let them fight for you.n
Do you have another offer?
Do they know you have another offer? I just got an offer bump because I had a last interview scheduled and they wanted us to get a signed offer and not continue interviewing.
As others have said, being honest, upfront, and confident are key. And be willing to walk away if they cannot get to the number you need. I turned down an offer this year that was for a job that sounded like a lot of fun, but they wanted me to take a $20k pay cut from current. I very politely said "No, thank you," and we parted amiably. If you say you need x and they offer x-y and you take it, then they learn you don't really think you are worth x. And that's not a good precedent to set.