Interviewed for a senior position at a company and was told they like me but I was better suited for junior role. If interested they could give me an offer letter right away. Junior role paid significantly less so I countered that if they can give me 10k more I’ll happily take the role. Should I have accepted first then negotiated once offer letter was in hand?

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No, you negotiate before offer letter.

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I mean I don’t know why the recruiter/HR person didn’t say they’d take it back to the decision makers, but I’d assume that’s what they are doing. It can take over a week to narrow down a final offer. If it’s been 7 days, just reach out to follow up. Hiring managers always assume that new hires will negotiate. And it’s not likely an offer would be pulled because you asked for more money.

You did good. A verbal commitment is required before an official letter is sent.

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