{ "media_type": "text", "post_content": "Salary negotiation tips / tactics?", "post_id": "5a906f4cc81fa40013689e9a", "reply_count": 4, "vote_count": 4, "bowl_id": "553769a790f5eebe1d2a0f92", "bowl_name": "Finance" }

Salary negotiation tips / tactics?

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The best salary negotiation is stating what you would like to make to start in this role, and being prepared to walk. Example: They offer 100 base with 20 bonus. Bases are harder to move and you figure you’re worth 100+30. Then say something like “I really appreciate the offer. I feel like I’m a great fit and I’d enjoy working with this team. The only hangup I’m having is the comp. Based on comparable roles, I feel I should be making and am worth 140 all-in. I’m really excited to get started on the team, but the difference in comp is quite meaningful to me at this point in my career. Is there any way you can help me bridge this gap?” Then they’ll counter with 130 or just give you the 140. Or, if they’re too stingy to increase your comp by 10k, then you should be prepared to walk. This wouldn’t be a bad outcome, because that means you would have always felt underpaid in the role

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It's always best to base what you think you're worth on data. Don't reference what you know other people are being paid.

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Analyst 1 nailed it. I had the exact same situation play out with MS. We were off by $10k so I walked away. I’m currently speaking to a boutique firm at a significantly higher salary, so hopefully it works out.

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^100% this. If its a big gap for you, you have to be ready to walk. Searching for other offers as well can help, as it can give you some leverage.

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