• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

How do I approach salary negotations?

P

puffpio

Golden Member
I've recieved an offer for a company, and they gave me the base salary. I would like to up it around 7%, is that reasonable? How do I do it?
 


<< I would suggest you start by investing in a set of quality knee pads.

Viper GTS >>



LOL

Salary negotiation is one of those market dependent things. In the tech sector you really can't negotiate much these days. Last year you could do a lot more.

If you're a fresh graduate you really can't negotiate much past the base salary in most situations. If you fit their job requirements and they like you, you're defaulted at base. The only thing that will give you a negotiation edge is having special skills or training relating to the job. Most new grads won't have that. The only other option is to get an other offer from a different company and have them try to out bid each other to get you.
 
So you guys would say 7% is too much to ask? I have interned in the past two summers at a pretty big company doing real work and not fetching coffee. I guess I can't fake offers from other companies, right?
 
Experience counts a lot, but more towards getting the job. If your experience allowed you to have additional training in the same area as the company you're negotiating with, you're more likely to get a higher offer. For new graduates, salary negotiation is limited to bargaining between companies in almost all cases. If you don't have another bargaining chip, you're outta luck. Faking offers is not a good idea. It can ruin your credibility and its unethical in my opinion.

Don't worry about whether 7% is high, you really need to see if they're willing to negotiate in the first place.
 
Too bad, being good at fetching coffee is good for salary negotiations.
All kidding aside, only way you can really negotiate is if you have something they have to have.
A top salesman can negotiate far more than Joe just graduated from business school Smith.
 
if this is your first real job out of college, don't worry too much about the salary. if you have to wait a year to get that dream car, big deal. worry about how much you will get to learn at that job. that's what you should really be evaluating. how much will you learn? how many skills will you pick up? how useful will those skills be for your career goals? what kind of contacts will you be making there? think of it as an investment in the future. besides, once you get in, you can prove yourself by working hard. the company must have some expectations from you. exceed them. you are bound to be recognized and appreciated. it always works for me. when i go into a new place, i way exceed what they expect from me. the company is left with no choice but to give me a big raise at the end of the year. become so valuable to the company that they will pay you more to keep you.
 
If you've already accepted the job, then you've accepted their offer already, so it's too late.

Other wise it's like negotiating the price of a car or anything else. You simply tell them that you aren't willing to work for their offer and this is what you want to make. The only problem is, they could reject your offer and you could be out of a job. 🙂 Tread carefully.
 
It would be nice if you have other offers to compare it with.
Otherwise how are you going to prove them that you are worth more. Your worth is determined by what people are willing to pay you.
If it's really low ball salary, you can go and look and see what the average salaries are for that job at your level, then you can use that.
But keep in mind that your intern experience is the reason you got the job in the first place, but not in itself a reason for the raise.
 
let's put it this way...if you don't ask you aren't gonna get the money.

Say things like "I really want to work for you but had salary XX,XXX in mind". If they say no, then accept anyway. If they say yes or counter (take the counter) then more money.

I once got a $30,000 sign-on bonus just for asking. I'd call that winning the negotiation.

 
spidey07 has a good point. You have to ask for it. Plus I would make a list of all the contributions you bring to the company and why you feel like you are worth more to them. Show them how your contributions have improved their bottom line in some way. Ask but also have a good argument to support it. A typed, one page letter would impress them and give a clear picture of your qualifications. Don't think you can be too professional about this because you can't. Even if they can't give you the money, you have made them aware of your increased worth and can use that as leverage when the company does have more money to raise salaries.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top