I have a good job right now but am about to get an offer elsewhere. Its a good gig, and I said I wanted 140-160K salary. The process took 3 months+ and now I am sort of liking my job at RBC again. Still open to leaving, but itd take a pretty big offer at this point. While I currently make 130K at rbc I have a great network here and am known as a top performer so not desperate to leave. Id want as good an offer as possible. What sort of things can I negotiate on? Signing bonus? Base? More in comm

likeupliftingsmart
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I just want to know whats reasonable. This is the first time I am going to have an offer, but am not desperate to leave so am in a good negotiating position here. Just dont know how to use it.
Also, thoughts on leveraging it internally for a bit of a bump?
Never done this stuff before and dont want to break some unwritten rule(s) or upset anyone

like

If you leverage it internally and they don’t give it to you, that won’t be a good position to stay in. Also consider stability of ur new gig as a new joiner on probation given the economy.
Yes you can negotiate signing bonus base and vacation and probably hybrid / wfh if applicable

like

Yup exactly this. The fact the economy is complete shit is why i am going to require a substantial signing bonus. If rbc were to let me go with my tenure my severence would be solid
There isnt “probation” period (dont remember the last time I had an offer with that in it) but I absolutely wouldnt touch an offer with probation lol. I think i am too senior for that bullshit (7yrs exp and a masters degree)

smart

What level are you at RBC (SM, Director) to be making that salary?

like

Would be SM level, sometimes known as VP, sometimes known as AD. Depends on where. Even varies within the bank. At rbc its VP in cap markets, SM in personal banking, AD in wealth

likehelpful

Without understanding what the new opportunity is it’s hard for us to comment on what’s a reasonable salary. For example, I’m in consulting and at my firm
$160k would be upper limit for a consultant but there would still be lots of room for negotiation upwards if looking at a manager role.

like

Are the numbers base or total comp?

PL7 (SM/AD/VP) is publicaly stated as 20%, however many (myself included) get more.
PL6 (director) is completely variable by person. No “standard”.

likehelpful

This is a good problem to have. OP mind me asking whats ur role and group at rbc? Youre at the upper band of GG07. Unless ur in cap markets

When you said you have never done this, does this mean you have only worked at RBC all your career and you have never negotiated salary?

I want to understand.

I have never had another offer that i didnt immediately want to take.

like

Hey, can you guide me what should be the ask for the Sr, IAM analyst role? there are so many different ranges confusing me should it be above 100K as base salary?

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