Potential job offer on the horizon with a great agency to run really interesting piece of business. How do people handle the salary conversation & what's the minimum % increase people wld consider?

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Posting as :
works at
You are currently posting as works at

Seriously? Shouldn't an SVP be the one answeing that question, not asking it?

likefunny

The obvious are not playing your hand first and asking for salary bands from them. Done both and waiting to hear back. I know they were initially thinking substantially lower than what I make now but this is a new role for them so they're less aware of what that costs, but are flexible. My gut is saying nothing less than 10% at minimum, ideally closer to 20% + bonus. Question is when does opportunity and role expansion supercede $$$.

smarthelpful

I definitely have strong opinions. But with that title I want to hear from you OP

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👆that is such a personal decision. You can start with your guidelines and then have to reassess based on potential for growth and how much you want to work there. If you feel like there’s more opportunity than your current role then I’d argue that the same salary plus a little bit would mitigate the risk of the move to something unknown.

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You have to ask for what you think you’re worth, not what you think they are willing to spend. Otherwise you immediately undervalue yourself. Dealing in ranges generally works best and at your level, it’s the entire package that matters, not just the salary. Stocks, bonus structure, what you’re giving up (security, vesting etc) that need to be considered. If it’s an executive role, I suggest using an employment attorney to ensure you navigate the right points as you don’t want to start a new job without defining everything on agreeable terms. Not sure what your salary is now, and the higher you get the harder a percentage rule is to define. General rule is 20% but if it’s lateral in title with better satisfaction and or new skill sets, maintaining flat to slightly up may be fine as long as you can negotiate the softer points.

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"Bonus" hahah. Not a creative I guess. Anyway, good luck. I hope you get big bux. Come back and share how you did it so we can learn from you.

Personally i think you ask for what you think you're worth. And you be realistic with a salary band that you are most comfortable with. As far a bonus, i thin it's usually between 20 - 30% remember bonus not guaranteed in my experience bonus had been no more than 50% of the bonus. In other words 50% of the 20%. So negotiate your base based on what you value yourself at.

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