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Additional Posts in Salary Negotiations
Have an offer at Citi for 120K as an AVP in the NY office. Currently making 92K at my current role. Is this a fair offer? I currently WFH pretty much full time at my current role but it seems like this one requires 2-3 days in the office - and this is something I’m very hesitant about. Thoughts on how to approach this?
How early is too early to ask for a raise?
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When you're negotiating a salary, many times you're also negotiating the position and , or scope because that's what the salary is tied to.
A few years ago I was called in by the owner where I worked, and informed that I would be getting promoted to a new position being created. I would basically form up the role myself.
Several months went by and the person I was to train as my replacement (he was also told he was moving up) approached me, asking when was all this going to happen. We were extremely busy so I didn't worry about it but, I went to my immediate supervisor to ask him (we're friends and still are) only to be told it wasn't going to happen. No problem. I wasn't really concerned simply because I was content with my position and the new position was going to be more work even though I was up to it. I didn't bring it up again and the person that was going to be my replacement soon left the organization.
Fast forward just less than a year and the job search I just keep running (wether I'm actively looking or not) came up with a great hit and I jumped on it. It was a $22K/yr bump. I was hired instantly.
When I stepped in to give notice, I actually did not give notice, not out of retaliation or revenge but a simpler reason.
Over the years as I witnessed people give notice, the owner (not a bad person), would just terminate them. It was a practice kind of, not a one off situation. So I justifiably assumed it would be the same with me, but not so, the wheels came off the wagon. There was anger and emotions. None of it mine.
The owner demanded an exit interview, so I obliged.
You have to keep in mind to stay calm, not only do you not show any animosity, just don't feel it. The decision to not promote was a business decision, and I always knew that from being in the business.
In the exit interview, there were alot of emotions still, none of them mine. I was called unprofessional, one sided, inconsiderate as well.
Calmly (remember that) I shred that I had no grudges or animosity about the entire situation. What I did share is that when he as an owner, is evaluating employees and candidates, that he himself as well as his organization is also being evaluated, and most of the time those evaluations are silent. For about a year not only was I gaging my pay but also my value to the organization and the metric was this, I had been called in by this same owner and given the layout of the scenario including who I was to train and so on. The formula for my decision to leave w/o notice included his customary termination of those before me who respectfully gave notice and if I had been a valuable member of the organization, he himself would have called me in to inform me of his decisions, so therefore I was moving on.
I did give them 2 weeks after this meeting. I shared with him that he himself is getting evaluated, unceasingly measured.
I'm still in touch with the organization and he has grown into an incredibly owner and leader.
Thank you so much for sharing. This was a great thread.
Once I asked for the 75-th percentile of the pay range, and the interviewer at Mach Industries promptly ended the interview. I merely asked for something half way between the average and maximum of the pay range. She blew her top. I was surprised myself. But other than that, generally pay is negotiable. Everything is a negotiation, except the answer to math questions.
That’s crazy especially if they posted that range!
I used to have the same mindset. My first few jobs I didn't even try to ask for more for fear of losing an offer. Once you gain some confidence in negotiating, it becomes second nature.
Scared they will pull the offer from me and I can’t lose it
How did you handle it? I recently asked for $4k more which still doesn't bring me to a living wage and I was ghosted after securing the position. We were in the salary negotiation phase.
This is what I’m scared of too!
I have yet to negotiate but I have aimed high and was giving a "ok". No counteroffer, just an "ok". I'm now ok with asking for what I think my time is worth.
Most of us have learned that the hard way, but thanks for sharing. I think that what makes the negotiation process difficult is when either party makes unreasonable demands or offers.
Senior analyst to senior analyst, what range did you pitch?
Sr. Analyst to both of you.... didn't make near $141 k.
If a job posting lists a max salary of $180k, is it appropriate to state that amount as my expected range when HR asks?
If they've indicated a range, ask them what differentiates someone from low range to high range. Listen carefully and map your own experience and skills to what they say, to identify where you stand on that number line. And then ask for slightly more than that (unless you qualify for the max range)
Good job
Mentor
Love this! I used to have a similar mindset too
5hmym6