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Hello Fishes,
I have got an offer at Wells Fargo for the role Technology Business Systems Consultant and my total YOE is 4.8 into Testing (Manual and Automation)
Is this role relevant to my experience or is it a role for much experienced person than me?
Any idea or information that what is the pay usually offered for this position?
Please provide your thoughts and suggest whether I should change 1. My role or 2. Request for more pay
Thanks in Advance!Wells Fargo
Additional Posts in Salary Negotiations
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Mentor
Are you joking right now lol?? These are all NORMAL things that get cut from your salary on every paycheck. Have you never had a job before lol? We all pay taxes, benefits, 401k contribution, etc. You can choose to opt out of benefits but then you’ll be left without health insurance if you’re ok with that. You can choose not to contribute to your 401k, but that’s not a smart move.
Also, your current salary at your current job does not matter when it comes to new jobs. The new opportunity should be evaluated on its own, without considering what youre currently making. And never tell the hiring manager at the new company how much you’re currently making. It’s irrelevant. You have to do market research and find out what others are making at this same job in your industry in your city. And then based on your skills and experience, you can determine how high or low you fall within that salary range. And thats how you negotiate.
I have a very desirable, unique and hard to come by.
I switched back to building hot rods and muscle cars (high end restorations)
No more managing people, not more corperate BS. I am treated very well and have a lot of job satisfaction that is have not felt in years.
I am also making the same $ I was in corporate, only working 6am to 3 pm.
Being happy at work is an amazing thing.
Since I can't seem to edit the post......
I have a very desirable SKILL SET.
I got away from doing that work because it was not always stable and there was little room to advance in most shops. There was also little respect given by others when I told them what I did as if it was not a "real job" inspite of the extreme difficulty in doing the job.
I thought the best career path was to take my skills and redirect it to managing people in a similar vein. It did gain me more prestige telling people in was a manager, department head, leadership, etc. Once in the corporate world, I discovered it was far more volatile and (for my liking ) too dependent on others performance and my superiors for advancement. Raises came but were small ( as is the norm to get sub 10% raises annually).
I was recently laid off for under performance in sales ( within the same company after a career pivot) due to other gears not performing or doing their part (with no repercussions).
After 2 months constantly applying (around 200 jobs) and about a dozen excellent in person interviews with no job (age-ism was probably a factor in this), I took a chance and half heartedly applied for my current position. It was like they found their unicorrn.
I guess I am saying take a look at your over all skill set and think outside the box of what you can do with them. While I will never be using my managerial training, 6 sign a, OSHA 30, just in time, etc here, I did find job satisfaction, stability, good pay, a work life balance and no longer dread going to work to sit through meetings, non revelent training and control of my own destiny.
Whatever you do, do NOT try and negotiate based on the fact that your PERSONAL expenses have increased. That may very well be why you need more money, but it will come off like “I bought a Porsche, so you gotta pay me more.”
I agree with Manager1 above. You’ll need stats to support the salary you’re looking for and where you fall within the range. You’ll still need to be reasonable. We’ve had people blow an offer because they were adamant they required a salary higher than two levels above their own, so it was very quickly resolved with “I’m sorry, we can’t offer you the compensation you’re looking for, so we’re going to move on to other candidates unless you can accept our last offer.” And by that point, it feels pretty off-putting. I am also surprised that you feel HR hasn’t been up front with you about this. It’s pretty standard. But maybe this is your first job?
Asking for sign on bonuses can be done in lieu of something else from the offer that you wanted but didn’t get, as a compromise, in negotiation. But many companies do not offer sign-on bonuses unless they know they need you for the success of their business. It’s not often something they will just happily add on when you ask for it.
It sucks, but I get ~35% of my pay taken out for those things and I dont even get insurance because that would be another ~8% on top. 20 seems reasonable unless you're in a state w/o income taxes. Unfortunately, HR has obligation to you and you'll often have to request your documents and calculate your deductions, maybe consider reassessing your personal expenses. Your needs aren't their problem and may actually work against you if you're not careful. Best of luck in your negotiations, supportive data and an appeal to logic are the best ways to show you deserve more - don't be desperate, they'll take advantage for sure.
*Correction of my typo I just saw: HR has NO obligation to you..
It depends on how good you are and how valuable you are. Also, if you have a unique skill set.
This is criminal not to pay 💰 people!!
A sign on bonus at a company you’re already with?
It depends on young you are. I doubled my pay once with a new company when I was in my 20’s and had an entry level position, but never again when I held higher positions