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Rising Star
Hello,
I had my interview with Infosys for .net full stack developer.
It went well and i am hoping for a positive response.
Want to know how much should I expect Or at what pkg should I negotiate with them.
I am thinking of proposing 13-15 LPA negotiable.
4 YOE and 7 LPA currently
.Net full stack
Infosys
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Chief
They’re not obliged to offer a higher rate, and the person they’re hiring isn’t obliged to take their good-for-their-market rate offer.
No company is obligated to pay anything above minimum wage. Beyond that, it’s supply and demand (unless the work is covered by a union contract).
Huh? I’m not saying I like it that way, that’s just how it works. Some people aren’t aware.
At the tech company I work for, the talent is paid according to the city the are based in. Tier 1 is NY/SF, and then there’s Tier 2 and Tier 3.
I believe it’s more of a talent retention strategy to avoid NYers etc being underpaid compared to their local market value. They may think of saving a few bucks by underpaying you but in the long run it’s not worth it.
“With so many companies hiring remote” - really though? Someone posted up a list recently and there was only about 3x companies that were legitimately doing it.
Just an observation here. Lots of talk about supply and demand, but it’s a poor analogy in this situation. OP should be taking a maker position on pricing (setting a number) vs a taker position (letting employer set number). Some thoughts on that:
1. Your living conditions don’t matter. They should never be mentioned in your negotiations. The closest thing to that you’ll ever want to get is something like, “based on my career and my value contributions I’m not willing or able to consider anything below X”
2. Be assertive and know your worth. Part of that means knowing what your going market rate is for a given employer in a given city. Doesn’t mean that’s your limit, but it does mean it’s where your negotiations start from.
3. The rules of supply and demand only apply to commodities, where the units in question are freely interchangeable. Presumably there’s something really valuable and unique about you, so your job during the interview is to determine if what your offering is of value to the employer. Your job during the negotiations is to get that value exchange right for both sides.
Chief
Supply and Demand. They can offer whatever they think is appropriate. Markets will stabilize the salaries.
What I WILL think we see happen is the reverse - NY shops will find cheaper talent outside of NY.
I got hired at an agency in a city with a lower COL than where I’m located. Accepted an offer that reflects the lower COL. It works because I’m in a double-income household, but definitely wish I’m being paid what designers here get paid. 🤷♀️
@ACD1 I mean that it works financially because of the double-income. Eventually i would love to find a job that actually pays the money I need, but I’m learning a lot and have great mentors at this company!