{ "media_type": "text", "post_content": "Whats a good salary negotiation strategy?", "post_id": "6169a3bb77f2630039985406", "reply_count": 12, "vote_count": 5, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Whats a good salary negotiation strategy?

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

Your initial ask should be 15-20% more than what you actually want. If you screw up the initial ask, you’ll get lower than your target.

likefunny

That’s good to hear, thank you!

Bluff and say you have multiple offers. It worked great for me with an instant 20% increase in my base.

likefunny

Probably not, those salary ranges are more fixed.

like

If your final offer is 20-40% higher.

likefunny

your biggest leverage is your ability to walk away…

Get a competing offer!

Related Posts

Apologies if this has been asked already, but does anyone know if partner comp varies widely among MBB? Or do they shake out the same (on average, not counting fluctuations year to year)

like

Biggest position-to-position salary bump you’ve ever had? How did you negotiate it?

like

What kind of YOY salary growth would one expect at top pharma in a Director level role? Quantitative function if it makes a difference

like

Are Creative Directors rich?

likefunny

Hi guys - need some advice. I received a really good offer from FIS for a senior consulting position. I gave my notice with my current company (a boutique firm in real estate tech) and they asked me to reconsider for several reasons. I know they will not be able to meet the salary compensation but they do allow for a lot of flexibility and family-feel. Taking the new role, I would be learning a completely new software and in a new industry (treasury). Am I making a bad move?

like

I only plan on staying in consulting for about 2 more years then off for an MBA. Would it be more worth it to take a level and pay raise at a different big4 moving to senior level rather than going to associate/analyst level at MBB? These are my two choices at the moment. I want to position myself best for post MBA jobs in industry. Salary will def be lower at MBB compared to the senior level at big4 so not sure if it’s worth the trade off in experience.

like

Accenture: does somebody know what date an employee needs to be with the company until in order to be eligible to receive their bonus? 12/1? Thanks!

like

If you’re interviewing for a role with the title of “Business Analyst”, but you have an MBA from a top school, do you get the salary/title of an associate once you’re hired?

like

Anyone else get depressed about salary when comparing to peers? Have a classmate who just signed onto a $2m / year job at the hedge fund, meanwhile I’m a M3 making like $220k all-in which feels (con’t

likefunny

How much of a salary bump to ask for after a promotion from ACD to CD? For context, I’m an ACD making $170k in NYC with 8-9 years experience. This is my first ACD gig. My boss keeps saying things about how I’ll get a CD gig elsewhere in the next year or two and start making $250k, but that he’ll try to keep me here. So would it be safe for me to ask for $250k to become a CD at my current gig? I don’t expect them to match it exactly, but get close.

like

Currently interning as an MBA @ FB in product marketing. Haven’t gotten any offer details from the recruiter yet, but weighing my options. Any folks know the compensation for MBA PMMs at FB?

like

Tips for negotiating salary?

like

During compensation discussions, when your partner shows your salary compared to the market, are you usually above market? Anyone know how accurate this data is? Do you feel that you’re paid fairly?

likehelpful

I know there was a salary thread a few months ago but wanted to poll - what are the salary ranges for a senior consultant (1.5 -3) years impl experience doing ME/LE impls? Region is also helpful

Whats the standard senior associate salary in tax in new york?

like

I will be joining EY India by next week, just need few suggestions. EY have offered me almost 225% hike on my current CTC but all is in fixed part no Variable or joining bonus they are ready to pay. Should I try asking for Joining Bonus as I have heard the BIG 4's pay minimum 1lakh joining bonus to lateral Hires. NOTE : I am just 2+ years of experience ! EY EY India

like

Private equity in London...? Thoughts on work life balance / comp / deal flow...?

like

Avg salary for analytics consultant with 2 years of exp? Chicago based.

like

Considering requesting a promotion from Senior 3 to manager (otherwise will have to go) Already doing manager roles, and don't want to go through another year without the title and appropriate comp.

like

CD salary range in Portland?

like

Additional Posts

Did any Big 4 partner (4+ years) exited to ZS? If so, what level at ZS is comparable in terms of responsibility and total comp? What are pros and cons?

like

Noob question, #1 on the standby list with united for a flight because original flight is severely delayed. How often does standby nor ally get cleared. App shows economy as full but seats in Buisness

like

Interviewed with big 4 month back but are still in process of interviewing others. Another recruiter who doesn’t know I am already being considered wants to chat for a better role. How to handle?

like

Good morning and welcome to my home office! I've got my coffee and am looking forward to responding to your questions with Zoe and Ron. I was raised by a single parent in upstate NY (far from NYC!). I've had to ask a lot of questions in my career and look forward to hearing yours!

Post Photo
likeuplifting

Anyone hiring art directors in SF these days?

If anyone has been laid off / furloughed due to COVID—19, feel free to e-mail smarterinasec@gmail.com for a free resume & cover letter edit. We have a team of 30 experienced volunteers at the ready to help you get on the path to your next position!

likeupliftinghelpful

Anyone know of any big law firms planning to go fully remote?

like

I'm researching online platforms such as Khan Academy, Quizizz, EdPuzzle, EdConnect, Nearpod, Kahoot, I-Ready, DeltaMath, Edulastic, etc. What are some you have used that are helpful in assessing your students after you have taught a lesson?

like

Amazon Wish List train! Drop the link to your classroom wishlist below. I would love to give back to some amazing teachers!

likeupliftinghelpful

The big 4 consultants are really coming out of the woodwork in the Coronavirua stimulus package thread.

likefunny

Anyone here saved up for a while for a super car like a Lambo? Curious how long it took / what did you have in savings prior before feeling comfortable? Currently save about 80% of my salary and it seems I could afford one around 45 while being on track for early retirement

funny

How many times/years can H1b be extended after 6 yr term if I change jobs to another employer with previous employer approved i140 without starting new Perm process ?

like

Received an offer from a company in a different vertical to work on tech / IT strategy. Would you take this offer? Info below. YOE: 3 Current Comp: 105k in tech strategy (including annual RSUs) with 10% bonus Offer: 145k (Base) with up to a 14% bonus I'm conflicted by the offer because it does not include any equity unlike my current employer. I also believe that the future is incredibly bright with my current company. I would really only jump for the $$. Am I making a mistake by staying?

like

Hi all have an interview with a MBB firm in the US. Interested in going back to my home country however is it possible to transfer the interview back to my home region?(APAC)

like

Booth or Columbia? Details: I’m from the NE originally and want to end up in NYC/the north east. My near-term goal is to either end up at MBB in Strategy or Amazon/Google for Corporate Strategy

like

one of my biggest personal accomplishments this year was telling my team that i’m taking a day off for a mental health day. i know that doesn’t seem that big, but i’ve always felt guilty for wanting to take a personal day for my mental health. i’m fortunate enough to have a team that is receptive and understanding of it.

likeupliftingsmarthelpful

Here’s a radical idea: don’t bother me on PTO.

likefunny

Does strategy have a diversity problem? Any more than any other agency department?

likeuplifting

Health Insurance? What are your premiums , deductibles and max out of pockets for a family plan w kids ?

like

Layoffs

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal