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Additional Posts in Salary Negotiations
Im not searching for a new job but an acquaintance reached out about a similar role at a similar energy company.Turns out 2 ppl threw my name in the hat. I looked into it and the position was posted 2 weeks ago.Their director wants to meet.I bet pay is one of the first things to be discussed so that no one’s time is wasted.Am I crazy for not wanting to entertain it for less than 20-25% base pay increase?Is it selfish to ask for more? I’m sure most salary conversations end in negotiation anyways?
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This happens to often “Bait and Switch .” Why would you even think about working for a company that wants to cheat you out of $40,000? That equates to $800.00 a week less in your paycheck. Even if things are rough for you and you accept A 100K salary you will always have one foot out the door. Gook Luck
Yikes that is a really big drop in salary. I would cut your losses and move on. Especially if that isn't the salary you were lookign for.
Sir I need job under your supervision please guide me.
I have done my graduation last year. Iam from pakistan.
Tell them to F off, because if they are willing to drop the salary 40k that’s indicative of how they’ll be with you day to day
Bowl Leader
That is what I’m saying! That’s a huge decrease and a slap in the face!
I would ask what is changing in the job description that would make up the difference. You do not do a $140k job on a $100k budget…job responsibilities should also change
Bowl Leader
Yes exactly. Time to act your “wage” if necessary.
Just tell them thanks for the opportunity, and to keep you in mind if they raise the budget back.
Depends on if or how badly you need the job.
Thank them for the free signaling. A company which pulls such an action is not one you generally want to work for.
Progress the interviews if you're desperate, but (at best) I would consider this a stepping stone to something better.
Would you be willing to take the job for anywhere from $100k to $120k? If so, I'd continue interviewing with them as I think there's a chance there will still be room for some negotiating in spite of this update. If you need $140k+, I'd cut losses.
Coach
Agree with this!
I would also do a little bit of research on the company because if their profits have been good at least over the last five years, then you know, somethings not right. Proceed at your own risk.
Mentor
I would move on
cut your losses they are a slippery slope
Bowl Leader
Hmm seems like a red flag 🚩. I personally would try to overlook them if you can.
This for me would be a red flag in a company. If they posted the salary range from 100k to 150k and then turn around and say because of the company budget we can only offer 100k. To me that be a sleight of hand because what I am interviewing for can’t pay what they initially promised. If they can change that at the last minute there’s no telling what else they’re going to change. I would just keep going on interviews until the company you get the job from pays you what you feel like your worth is.
Definitely try to negotiate. Even if they can't match the original $140K, they might be able to make a counteroffer that feels more fair. Worst case, they say no, and you’ve lost nothing. Best case, you get closer to what you deserve.
Honestly they have changed the level since this is a much lower pay grade. Good riddance!
here is what chatgpt has to say for what it is worth: Facing a $40K salary reduction after progressing through multiple interview stages can be disheartening. Deciding whether to negotiate or move on depends on several factors, including your financial needs, career goals, and the company's flexibility.
When to Consider Negotiating:
Market Research: If your research indicates that the typical salary for this role in your region is closer to $140K, and the company's budget constraints are not due to financial instability, it may be worth discussing the discrepancy.
Alternative Compensation: If the company cannot meet your salary expectations, explore other forms of compensation, such as signing bonuses, additional vacation days, or flexible work arrangements.
Indeed
Long-Term Potential: If the role offers significant growth opportunities, valuable experience, or aligns closely with your career aspirations, a lower salary might be acceptable in the short term.
When to Consider Moving On:
Unmet Expectations: If the salary reduction significantly impacts your financial goals or lifestyle, and the company cannot offer satisfactory alternatives, it may be prudent to decline the offer.
Indeed
Company Stability: If the budget cuts are indicative of broader financial issues within the company, it could be a red flag regarding job security and future raises.
Market Opportunities: If similar roles in your field are offering compensation closer to your original expectations, it might be worthwhile to continue your job search.
Negotiation Tips:
Express Appreciation: Begin by thanking the employer for the offer and expressing your enthusiasm for the role.
Be Transparent: Clearly explain your salary expectations and how they align with your experience, skills, and market rates.
Forage
Stay Professional: Approach the conversation with a collaborative mindset, aiming to find a mutually beneficial solution.
Prepare for Alternatives: If the employer cannot meet your salary requirements, be ready to discuss other forms of compensation or benefits that are important to you.
I would pass
Do you have a job? Do you have other opportunities?
Move on by running, not walking. $4.81 per hr for every 10K. So, they reduced the alary around 19.23 pr hr for the role, so basically, $19-20 less. Suddenly, it is way less. IF you take this due to NEEDING to take a job, continue looking, gain experience and move on.
That that is not good faith negotiations and it's telling of how they treat employees. I would say no because it would negatively impact my lifestyle and the quality of my work is the same as when it was 140k so I still feel that my value is 140k. Take into account inflation, cost of living right now and how they went about it that they don't sound like a competitive company that recruits top notch talent if they want to short change them before they even settle in. I wouldn't feel good and wouldn't bring my best anymore because of their behavior. But make your case based o the market, your resume and what you bring to the table. Also that the initiation of this process was at 140k. I tend to turn the table on stuff like that to see if they will correct it or allow great talent to say no thank you over 40k.