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Can anyone share their experience with an ESOP?
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During the screening call is appropriate. If no screening call, bring it up in the initial interview.
Standard during screening. If it is a privately owned smaller company with less public info even more so. You don’t want to get dragged into a long process prepping etc to find out they don’t offer what you need. Time is valuable specially for you as that is time you could be focusing on finding the right role.
I’m a bit surprised. A good recruiter will ask what is your salary requirements? Never answer this question, and never give what your present or prior salary was, always quickly reply -what is the budget for this position? Then say, yes that is within my range. Leave it at that. After interviews, if given an offer or asked again for salary requirements -you now know what to shoot for. Never accept the first offer. You would be surprised that the offer is expected to be turned down and countered. Counter! Counter -you are the one they are choosing. To counter is to be respected, to not is often looked upon as less than, somewhat not as sharp. If they counter back great! It will be better than the original offer -now shoot for an extra week of vacation as part of your next counter. You’d be surprised!!
If speaking with a recruiter, it is okay to ask -what is the budget for this position? A recruiter will always ask if you have any additional questions towards the end of an initial screening interview. This would be the best time to ask, what is the budget for this position?
I might wait until the first round of interviews. Especially in this job market. You could always ask right away, but it may not be the greatest first impression.
"... but it may not be the greatest first impression."
Isn't it ironic that everyone, including the interviewers, works a job to make as much money as possible, but we're supposed to pretend we don't care about money.
The number one goal of CEOs, investors, and capitalism as a whole is to MAKE MONEY.
Money talks, and BS walks.
What is happening is that the money-lords are seeking indentured servants at the lowest cost and want to control the narrative, pretending that servants are not motivated by money.
So, the indentured managers and interviewers play the game.
Eh. Not so much inappropriate as maybe a bit tactless. I usually ask at some point during screening call or initial interview if there isn't one, not before. But if you don't need a job and have tons of interviews scheduled, I can understand why you'd want to weed out before wasting time.
Mentor
Some states require posted pay ranges... that being said if you're good at negotiating and can back up with verifiable justifications posted pay ranges are irrelevant. In the last 1½ years I've successfully negotiated 50% over the high number of the pay band and when my employers contract was taken over by a different company I successfully negotiated an additional 50% over my current salary before the transition goes into effect. The biggest question you should be asking is not what they are or are not willing to pay, but rather the question of what you can bring to the table to attract them to accepting what it is that you want to make for a salary. No matter how good or how bad the market is what you're paid is 100% up to you. Sometimes you just have to do more to get there.
Securing an out of band offer depends largely on the company, level, type of role, influence and talent pool. Showing value and presenting yourself as their solution gives you leverage, but in this market I’d recommend being cautious specially if you don’t have a backup. Putting an ask too out of range could make the opportunity disappear quickly, so thread carefully.
I definitely would. They are certainly parsing your information to determine how you can make them money, so you should do the same. I always ask the pay range before I spend any time getting prepared to present those applicable skills to get the job.
Although money is certainly a top consideration. I’d pay special attention to the culture the company supports. You can make truckloads of cash but you either won’t be there very long if you don’t fit their construct or you will be an unhappy employee because the culture doesn’t align to your values.
Usually recruiters ask on the screening call
If you’re getting a lot of calls and not terribly concerned about being able to get or change jobs, I think it’s fair to ask politely “what’s the salary range” or “what budget are you working with for this spot? I want to make sure I don’t waste your time.” Because let’s face it the recruiter doesn’t want to invest time if they’re working with 5 figures and you’re currently well into 6 figures.