Related Posts
I am Chartered accountant with 3 years post qualification experience in assurance global audit from big 4 working for canada. I am getting a CTC of 13.80LPA fixed and variable 1.48 LPA. Is this enough or should I ask for a hike..EY Deloitte KPMG PwC . I am not seeing any notification on the coming hike..
Does Coforge pays the Variable full?
Pesach Sheni Sameach!
Additional Posts in Salary Negotiations
Anonymous User
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Never go backwards in pay
They didn’t say they were going backwards and pay. They said what they wanted. I also don’t think these days you can always go forward and pay. If you hit your job, you wanna get out and you make a ton of money then you may have to take a pay cut.
Coach
If you need the job, then some $ coming in is better than none. If not, I agree it’s not right to take a step backwards. It could take awhile to make that back up and get ahead of where you now, unless you job hop. I’ve heard that story before and it turned out to be a bunch of lies, so just be wary of what they’re telling you. I ended up leaving a job where they sold me on that story (about 10% less in my case) so just don’t make the same mistake I did.
If you think you can get by on the money they're offering then it's a good idea. Assuming that you're correct and the learning opportunities are real. That can be a difficult thing to assess, and if you accept a lowball offer and the opportunities really don't materialize you will have walked yourself into a pretty bad deal.
I accepted a lower pain position and ended up making more within a short time
NEGOTIATE the salary! Have ChatGPT help you with the phrasing if need be (you’ll get better suggestions than mine, but it would go something like this:
“Thank you for the offer letter. I’m truly excited about the opportunity. I did have a couple of questions about items in the offer. (Insert less dramatic item first) and the salary came in a little lower than what I was expecting/hoping for. I’m wondering if this is negotiable.” The recruiter should talk to the hiring manager and potentially HR about it and let you know if there’s any wiggle room. Negotiation is expected, so I don’t think that the offer is chiseled in stone.
My mom used to always say if you don’t ask, you won’t receive.
Its true they most likely may come in a little lower than what you're asking but more than what you're making . If that's the case its better to take it. ChatGBT can you exactly what to say but make sure your voice is always present and then see what happens and where to from there.
Can you survive off 20% less is the question.
You're asking should always be 20-30% higher than whatever your actual COL expenses. That way, they meet somewhere above, and you can save for a rainy day/retirement. If the company is offering 20% below your means of living, then the company just isn't a fit for your period unless you're unemployed and bleeding out financially. You don't need to accept their offer if you're already in a stable employment stste.
Is their offer a cut in your current salary? Can you substantiate the asking amount with proven skills, experience, education, sales or cost saves? You literally have to go through the job description and highlight how much you meet or exceed the job requirements. If they don't get to your number, ask them how much closer can they get to that number. THEY WANT YOU, just remember that.
That's completely tricky. But bro can u help me in setting up my resume for virtual customer service job as well I'd appreciate and give 50% of my first salary
Mentor
Is the salary difference a dealbreaker?
Yes, I did that and it set me back financially by a few years. I was excited about joining a late stage startup to see if I could capitalize on stock options if they blew up. Welp, they did blow up, meaning they imploded and when looking for a new role I had to accept job offer that was lower than where I would’ve been had I accepted the other role I had on the table with higher money. Now, take this with a grain of salt because it could’ve gone the other way and I’d be singing a very different tune.
No way. Company culture? Sounds like a culture of not paying people what they’re worth.
Experience? Why not gain that experience while earning what you want somewhere else?