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Hello Sharks, I recently gave interview of Tiger Analytics and after all successful technical discussion, they were offering me Senior analytics - data Science role for 15.5 fixed + 2L jb, considering my current yoe 4.3 and in data science relevant is not much(consider it 1.5+) but my cctc is 14(13fixed+1 variable), I denied to accept this offer. Should I reconsider that?
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1. Never share the offer letters! Just say if asked that it’s competitive
2. Consider culture of the other 2 companies - do they meet yours?
3. How much travel is required?
4. PTO offered? And be careful of any saying “unlimited” means you’ll Always be working and not have time to take a break. And I’d run from them - you’ll be overworked.
Hope these help!
Total compensation (benefits & associated costs, perks, PTO, etc.) vs salary is a very important one. They should’ve asked you what your salary expectations are. Mention the other offers and only share the offer letters if asked to do so…companies will have wiggle room for candidates they really want. Another one is company culture. If you took the highest offer, you’d eventually get used to the money but would you end up hating your job?
I would highlight your experience and tell them the market offering for a person of your background. Also be sure to think about the intangibles wfh, sick days, etc.
You have 14 yes of experience. You’ll probably be brought in at a senior role where you might be running a team or an office.
1. Know the risks that become your responsibilities(revenue/profit goals)
2. Know the current financial health of the office to avoid getting into risks beyond your control.
3. If possible, know your team, get a feel for what they are (young/experienced,skill sets, educational background)
Mainly know your risks involved and ask for pay appropriately. the highest offer you have may not be enough if the risks are beyond your control.
You can use your other offers to leverage your negotiation. You do not need to provide your offer letter or even give the actual amounts. You just need to say that your other offers are very competitive and more aligned with your salary expectations. Be overly gracious regarding the fact you desire to work with them over all the other offers and you want to know if they have flexibility to get you closer to those amounts. Back up your request noting your other offers, experience level, and any other special qualifications you have. Some other things to consider negotiating is a signing bonus, WFH, PTO, and 90 day performance review(in hopes to get an increase in pay). Hopefully this helps. Good luck!
They should not ask to see it. If you choose to disclose, I would grey out certain aspects. If all they are concerned about is proof, then all they need to see if your name and amount. However, I would not comply and say something like “unfortunately, I’m not able to disclose my offer letter as that is private information and specific to that company. Moreover, what do you need the letter for specifically? I’m happy to answer any additional questions you have.
Start with seeing how much more you can negotiate with your preferred company and tell them that you have more competitive offers from other companies.
Don’t provide them the copy of the offer letters or the actual numbers unless they press you for it. You can just word it like “Another company is offering me X% higher in base salary/total compensation.”
If they can match or beat your other offers, then great, take it. If not, well at least you tried, then start evaluating other benefits outside of money. Wlb, work culture, PTO, etc.
Can you share the numbers?