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Does JPMorgan entertain counter offers ?
I have an offer of 18.5 lpa including bonus.
At the time of HR discussion, I was under the impression that this will be 18.5 fixed + bonus
I already have 19.5 fixed CTC offer from Emids and Indegene is ready to pay 23 lpa including joining Bonus.
I am keen to join JP morgan but I want to negotiate the offered CTC.
During HR discussion, HR said they'll not entertain any counter offers later on
JPMorgan Chase
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I can't comment on the LA salary, but I can comment on working with a known CFO at a new job....
1) Don't take your personal relationship into the equation. They're likely going to try and get you for the lowest you'll accept because that's their job. (Also make sure you're proving yourself to the rest of the co and not just appearing as some sort of nepotism-like hire).
2) Know your worth by doing your research, and know that you can ask for the higher end of the range (depending on co size, industry, etc) because they DO know you and your work and that's less risky for them... but be prepared to fight a little for it.
3) Watch out for changes in company structure/owner sentiment. If your CFOs job is at risk, so is yours. This is more applicable to family owned businesses because they tend to be more fickle.
F
I'd say at least $80k. Re: relationship with the CFO, it sounds like you've already worked together in the past as employer/employee and managed to keep personal and professional business separate, so I wouldn't worry too much about that.
Why not negotiate a higher title?
Handjobs are always appreciated
I think the most professional approach is to negotiate based on your capacity. Since we are just talking about your starting salary, your YOE, skills and experience would be enough. Use your connection later on for promotion purposes.