Jersey #10 Posted September 22, 2013 Posted September 22, 2013 How common is it for someone to negotiate salary? Is it normal? I have never done it b/c I am afraid of losing the job offer over it. Recently, I am offered a job and I feel that the salary offered is on the lower end (at least for my liking). should I negotiate? and if so, by how much?
ravishingravi Posted September 22, 2013 Posted September 22, 2013 Hmm. Depends on circumstances buddy. To be honest, I was never good at this. But truth is, everyone is trying to get the best out of the situation. The company has to ensure least possible cost for the talent and you have to get the right price for your worth. I would say, unless you are in a senior position, aim for the good experience and profile. There is no substitute for it. In time, you might not have to negotiate.
EnterTheVoid Posted September 22, 2013 Posted September 22, 2013 If you are a junior code monkey, forget it. Experience first, money later.
The Outsider Posted September 22, 2013 Posted September 22, 2013 It's quite common. Start around the 7-8% range and settle for 3-5%. However, it also depends on whether you were asked for a salary range you are looking for before you started interviewing. If the number offered is between the salary range you gave them initially, don't negotiate.
Ram Posted September 22, 2013 Posted September 22, 2013 Of course you should negotiate. #1, it sends them a very clear message that you rate your talents so highly that you think you're in a position to demand more. If you cannot back yourself, who else will? #2, what have you gotto lose? If they offer you 100k and you asked for 115 and they eventually settled for 108, that is still 8k extra going into your pocket. Bottom line, if you have talent, recruiters will go the extra length to satisfy your demands.
velu Posted September 22, 2013 Posted September 22, 2013 currently i sit next to HR desk and i m getting free tips Sent from my Nexus 4 using Tapatalk 4
Jersey #10 Posted September 22, 2013 Author Posted September 22, 2013 currently i sit next to HR desk and i m getting free tips Sent from my Nexus 4 using Tapatalk 4 Please share:hatsoff:
velu Posted September 22, 2013 Posted September 22, 2013 1) more employees negotiate salary than I expected 2) you shld negotiate with the second company if u already have an offer from the first company 3) employer don't mind throwing more money initially because they can normalize later 4) sometimes employer give offers to more people than they wanted hire
Desi Cartman Posted September 22, 2013 Posted September 22, 2013 Asking for more money doesn't cancel your current offer. You are not refusing by saying you need more money, you are asking to change the offer. In the worst case scenario they will come back and say that they can't change the salary and then you can accept it if you want. Secondly, if you have a decent current job then u have more flexibility, you can really push them as you may not be desperate for a job. Last, one needs to find out what's the actual market rate for the job and their own skill/experience and suppose if its 100-130, then ask for 130 and settle for the middle amount 115. When you are young and the company which is offering the role can really change your resume then it's ok to work even under market rate. 1 year at IBM or EY, can change your resume and you will make up lost money in your next job. Of course this depends on ones requirements and circumstances. Always say "I believe that the market rate for my skills and experience is X amount, I am excited to join the company and with appropriate salary I expect stay there for a long time" that's all.
gs Posted September 22, 2013 Posted September 22, 2013 #2 above does not work out well. They may cave in initially to retain you but the trust in the relationship is truly and irreparably broken.
yoda Posted September 22, 2013 Posted September 22, 2013 Always ask for more. If you are willing to settle for less the company will only be more than happy to oblige. When you accept a new job is the only time when you have the chance to even negotiate. After that it is all up to your manager based on performance, allocated budget for salary increase, etc. There is typically no going back and forth once you are in, unless ofc you threaten to leave cause you have another job offer.
yoda Posted September 22, 2013 Posted September 22, 2013 #2 above does not work out well. They may cave in initially to retain you but the trust in the relationship is truly and irreparably broken. Asking for more has nothing to do with trust, it just means you want to get paid more.
coffee_rules Posted September 22, 2013 Posted September 22, 2013 I have changed jobs about 5 times, always negotiating the salary and sometimes even a sign-on. It's pretty common to work out some differences on the terms.
gs Posted September 23, 2013 Posted September 23, 2013 Asking for more has nothing to do with trust' date=' it just means you want to get paid more.[/quote'] Understood, but if you try to negotiate a raise after you have accepted the job by getting a counter offer, it normally does not go well.
yoda Posted September 23, 2013 Posted September 23, 2013 Understood' date=' but if you try to negotiate a raise after you have accepted the job by getting a counter offer, it normally does not go well.[/quote'] Yea, once you accept, the only option you pretty much have is backing out, which is ugly but happens more often than people think.
Holysmoke Posted September 23, 2013 Posted September 23, 2013 You know how good you are with regards to the market rate. If you think you're good enough to deserve more than what they're offering.. go ahead, negotiate.
Desi Cartman Posted September 23, 2013 Posted September 23, 2013 #2 above does not work out well. They may cave in initially to retain you but the trust in the relationship is truly and irreparably broken. It all works, it's about how much they need you and what is your market rate. If it's 50 and you ask for 75 and thy desperately need u then they may feel bullied but if you are being paid 40 and you know market rate is 50 and you have another offer or an existing job then there is nothing wrong in discussing openly. These trusts etc don't work. A company is not a human, it works as per its requirements and so should you. No one will give a feck about you if they need to lose 5 people and you are not essential, same way you shouldn't treat this whole thing as a social/human thing, it's strictly business.
G_B_ Posted September 23, 2013 Posted September 23, 2013 ^ a very american thing to say..... The right answer depends on culture of the country and the company itself. I have been to Germany quite often for work and they are into the job for life/ cradle to grave philosophy where the union leaders sit on the board. If your in the USA then I would negotiate in a polite but firm manner. Probably not the best idea in western europe. In India (assume your in a sector like software which is facing a shortage of skilled labour) i would be more blunt in my demands. From my experience Indian companies negotiate hard. Another aspect to consider are perks and the nature of the company. Certain companies are co-operatives and employee owned. I have seen this even in small software firms. You have a lower base salary and get a % of the profits.
nikred Posted September 23, 2013 Posted September 23, 2013 It all works, it's about how much they need you and what is your market rate. If it's 50 and you ask for 75 and thy desperately need u then they may feel bullied but if you are being paid 40 and you know market rate is 50 and you have another offer or an existing job then there is nothing wrong in discussing openly. These trusts etc don't work. A company is not a human, it works as per its requirements and so should you. No one will give a feck about you if they need to lose 5 people and you are not essential, same way you shouldn't treat this whole thing as a social/human thing, it's strictly business. I got tired explaining this to my friend. He acts as if he is marrying his new company. :cantstop:
Desi Cartman Posted September 23, 2013 Posted September 23, 2013 I got tired explaining this to my friend. He acts as if he is marrying his new company. :cantstop: I used to think like that but then I realized that my employer would make half a million for my skills but would BS about giving a 10k raise. So there are no emotions from the employer side :giggle:
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