View Full Version : Salary Negotiations
Brightness
10-05-2005, 06:11 AM
I know we have some business savvy folks on here so I just wanted to know what you do in the following situation.
When you are out interviewing, etc. what do you say when you are asked to submit a salary recommendation with resume or if during the interview negotiations you are requested to toss out a salary expectation?
It's been a while since I've been on the hunt so I just wanted to know the current footwork when doing this 'dance'.
Brightness
10-05-2005, 06:12 AM
Oh, yea. . .
Also, what about if you receive a job offer and you are trying to get your current employer to counter that offer?
bsmuvdotcom
10-05-2005, 06:22 AM
In the interview process, if they are trying to get a ballpark feel of what I expect, I usually deflect the question. I never answer when they ask up front becuase I want then to love be before they realise I'm going to fuck them. What I ususally say is "I really hadn't come prepaired to talk about commensation at this meeting. I really was under the impression that we where still feeling each other out to see if we'll make a good match." If they push for an answer, I always give them a number much higher then I am willing to accept. Generally 10k - 15k higher.
So for another company offering me more money and I want my company to match it, that is an iffy kind of gamble I don't like to take. Basically because you are strong arming your company into paying you more because you caught them off guard. You are basically telling them "Pay me what they are offering or kiss my ass I'm out." The reason this is dangerious is because, if you succeed and get the money, you can be sure that they have started looking for your replacement. No company likes to be fucked over like that. However, if you are put in a situation where you loose a person in your department and they want you to pick up the slack, this is the best time to up your pay. You lay it out to them saying if you are doing the work that once took two people to do you should be compensated as such.
Just my $1.68 on the matter
que90nek
10-05-2005, 06:52 AM
good points bsmuv...
try not to talk about salary in an interview....
if they ask...
say " I think my salary should reflect what a person of my experience, expertise, and savvy bring to the table."
or
"My salary should be comensurate with the market rate." Then you can produce for them your own market survey of what other people that do what you do are making.....or not.
or
"Salary? Well, it is difficult to put a monetary amount on a person giving you 110% of their effort to ensure the success of the company, but I am sure if you add 15% to the market rate you will be at a number that is comfortable for the both of us in forming our new business relationship" *feel free to leave that last part off*
TropicanaJuice
10-05-2005, 06:55 AM
i so mad i just typed a whole of shit n it didnt go thru..............UGH!!!!!!!!!!!!!!!
4 da 2nd time-----
i'd also research what all makes up their benefit pkg......do they offer stock options, are they matching 401k contributions %100, will u be getting annual bonuses?? the annual bonuses and stock options can REALLY boost ya over all salary
i also agree above too......especially w/the giving a figure wayyyy over wat u'd expect to be paid. in my experience if i was out the ball park range they would tell me what range they will to work with...so then just go from there -- i also agree w/conter offer ONLY if u are taking on more work than usual due someone else leaving or wat eva da case maybe cuz that can be worked out.....i aint too sure about just taking ya boss a job offer from another company all to get a pay raise
que90nek
10-05-2005, 06:57 AM
oh yeah...
there is nothing wrong with asking for a raise in your current company.
but don't do it like "well the other company is willing to pay me this"
do it from an "i've done my research and the market rate for a person like me is _____"
TropicanaJuice
10-05-2005, 07:12 AM
^^yea good one............. da girls here in my office did this very thing to boss lady (LOL) after i was hired on perm, heheee
dey did da research, we are LARGEST local area, less paid, way less workers doing da dayum job....n doing excellent job if u let our performance goals speak 4 us and we serve most dayum participants......
and they got their raises too :)
Pamalicious
10-05-2005, 07:12 AM
Or
What eva you overpaying these honkeys around here to do the same damn job - I want that.
OR
I heard your nephew who you made VP right out of Highschool makes a good salary - I'd like that one
OR
Whatever it costs for me not to let the world know you wear panties
TropicanaJuice
10-05-2005, 07:17 AM
^^^ lawd gsuz........... ROFL
Brightness
10-05-2005, 07:18 AM
Okay, let's say it's the 2nd round of the interview where you cannot get away from discussing salary. . .and mean it monetarily not as part and parcel of the benefits package.
Here locally it seems to be a common practice for them to want to know what you want going in the door. Those generic phrases/pat answers don't get you that far in the game.
When submitting a resume for consideration, they ask for cover letter, resume and salary history (or some other buzzword, it's escaping me right now).
******************************
Next point:
Within the last year, my company went across the board and raised/restructured the pay scale for people being hired in.
My employer is not in the practice of doing cost of living or market increases across the board for people already within those positions. They appear to be of the practice to 'grandfather' job classifications.
So while they are totally prepared to solicit new employees and remain competitive in the market in that respect. . .they are unwilling to give double digit raises (actually a 4% raise is unheard of so don't even think it will ever get anywhere near 10%).
*******************************
Next point:
I am also in the practice of 'overshooting' what I expect to command as a salary but I didn't know what a conservative amount is be it a $$ figure or a % amount.
Brightness
10-05-2005, 07:21 AM
A) What about when going from hourly to salaried positions which can screw you on the hourly rate when you wind up working 60 hr. wk. weeks?
B) What if you had a base salary and worked mandatory overtime and also received a performance based bonus? Would you add all this and do an average of this amount rather than trying to explain your current compensation?
Brightness
10-05-2005, 07:23 AM
Oh, on the counteroffer tactic. . .that only works for White males in this company, everyone else they say they can't do nothing for you.
Brightness
10-05-2005, 07:30 AM
Or
What eva you overpaying these honkeys around here to do the same damn job - I want that.
Modified to read:
What eva you overpaying these honkeys without a degree, marginal intelligence, limited work experience, poor business ethic and funny dress clothes around here to do the same damn job - I want that.
sistuhchey
10-05-2005, 07:33 AM
...always make it higher...my rule of thumb...whatever I'm making now...I go up..by 5-10K...
when negotiating for more money...do research...and a little snoopping don't hurt...meaning....locate budget...balance sheet...something with salaries..on it for your department..and do the math...how many folks in the department....compare..projected this year to last for up comming months....see how much they say...they plan on spending in salaries.......blah, blah, blah...then go for the jugular...(smile)
jaila
10-05-2005, 07:36 AM
Or
What eva you overpaying these honkeys around here to do the same damn job - I want that.
OR
I heard your nephew who you made VP right out of Highschool makes a good salary - I'd like that one
OR
Whatever it costs for me not to let the world know you wear panties
dammit pammy...u got me coughin ova here. laughin wit a cold aint no joke.
Brightness
10-05-2005, 07:37 AM
Tacky or not:
Asking what the raises are like.
There has to be a way to ask so that you don't come off looking money-hungry and is this an acceptable comment to make during the other money talk?
que90nek
10-05-2005, 08:44 AM
...always make it higher...my rule of thumb...whatever I'm making now...I go up..by 5-10K...
when negotiating for more money...do research...and a little snoopping don't hurt...meaning....locate budget...balance sheet...something with salaries..on it for your department..and do the math...how many folks in the department....compare..projected this year to last for up comming months....see how much they say...they plan on spending in salaries.......blah, blah, blah...then go for the jugular...(smile)
right...do your homework prior to.
if they want a number...you've hopefully done your market research to be able to say
this is what is the NORM in this line of work....and so THIS is at least what I am expecting.
*make sure the NORM is inflated just a lil bit*
and the way to ask about job Potential is to frame it like this
"One of my goals in finding a job is to find one that is more like a CAREER...a job that has growth potential both in responsibility in salary. Is this position one that has that potential?"
dulce
10-05-2005, 09:25 AM
Modified to read:
What eva you overpaying these honkeys without a degree, marginal intelligence, limited work experience, poor business ethic and funny dress clothes around here to do the same damn job - I want that.
thanks, bright, this is perfect for my current situation! :p
Iris21
10-05-2005, 05:39 PM
...always make it higher...my rule of thumb...whatever I'm making now...I go up..by 5-10K...
when negotiating for more money...do research...and a little snoopping don't hurt...meaning....locate budget...balance sheet...something with salaries..on it for your department..and do the math...how many folks in the department....compare..projected this year to last for up comming months....see how much they say...they plan on spending in salaries.......blah, blah, blah...then go for the jugular...(smile)
I've hired and looked for a job: range always, and its 10-15K range...on paper, 20K in reality: so if they say you must state your salary requirements on application to be considered:
Salary requirement range: 50's-60s. They don't know you might except 51,000 or 69,000....it opens the door up for both parties...
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