would a company purposely give you a lowball offer?

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thepd7

Diamond Member
Jan 2, 2005
9,423
0
0
Originally posted by: Krazy4Real
Originally posted by: Gibson486


She is an accountant with a great resume.

She got an offer for 38k. It is for an Revenue and Controls Accountant. I was expecting atleast 42k for her and she was expecting 45K.

:confused:

So.... tell your gf to tell them she wants 45k. Tell her to explain to them why she thinks she's worth that salary. If she interviews well and she knows how to "sell" herself to a company they will enter negotiations with her.

Companies aren't going to just throw money at her. Just about every company will start at the low end of the totem pole and expect you to work them up. Did she happen to make the common mistake of answering the question, "What is your expected pay for this position" question?

Not true anymore. Many companies aren't even leaving wiggle room anymore. I know of a girl that got offered a position at a company, countered for $8k more and they flat out dropped her offer all together.

I am not sure in this case and if the OP's gf won't accept $38 then there is no harm in going for $45 but the logic that most or all companies lowball to begin is no longer true.

<- may grad with tons of eperience on this over the past few months.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: thepd7
Originally posted by: Krazy4Real
Originally posted by: Gibson486


She is an accountant with a great resume.

She got an offer for 38k. It is for an Revenue and Controls Accountant. I was expecting atleast 42k for her and she was expecting 45K.

:confused:

So.... tell your gf to tell them she wants 45k. Tell her to explain to them why she thinks she's worth that salary. If she interviews well and she knows how to "sell" herself to a company they will enter negotiations with her.

Companies aren't going to just throw money at her. Just about every company will start at the low end of the totem pole and expect you to work them up. Did she happen to make the common mistake of answering the question, "What is your expected pay for this position" question?

Not true anymore. Many companies aren't even leaving wiggle room anymore. I know of a girl that got offered a position at a company, countered for $8k more and they flat out dropped her offer all together.

I am not sure in this case and if the OP's gf won't accept $38 then there is no harm in going for $45 but the logic that most or all companies lowball to begin is no longer true.

<- may grad with tons of eperience on this over the past few months.

in this job market if they drop you for $8k more, the position probably doesn't have room for growth and the company prob sux to work for.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: kranky
Originally posted by: CPA
I would like to know what the offer was for what position. It's been my recent experience that many new graduates have inflated expectations about salaries.

And I thought I was the only one noticing that.
You mean the fact that I got a B- in an arts degree with a focus on psychology means I deserve less than $60k? You are insane!
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Originally posted by: Skoorb
Originally posted by: kranky
Originally posted by: CPA
I would like to know what the offer was for what position. It's been my recent experience that many new graduates have inflated expectations about salaries.

And I thought I was the only one noticing that.
You mean the fact that I got a B- in an arts degree with a focus on psychology means I deserve less than $60k? You are insane!

Insane in the Membrane!

OP, I left you a PM. It supports what others have stated here. What city are you in, btw?
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: CPA
Originally posted by: Skoorb
Originally posted by: kranky
Originally posted by: CPA
I would like to know what the offer was for what position. It's been my recent experience that many new graduates have inflated expectations about salaries.

And I thought I was the only one noticing that.
You mean the fact that I got a B- in an arts degree with a focus on psychology means I deserve less than $60k? You are insane!

Insane in the Membrane!

OP, I left you a PM. It supports what others have stated here. What city are you in, btw?

i would guess Canadia based on his profile. I wonder if he was quoting in CAD or USD.
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Originally posted by: JS80
Originally posted by: CPA
Originally posted by: Skoorb
Originally posted by: kranky
Originally posted by: CPA
I would like to know what the offer was for what position. It's been my recent experience that many new graduates have inflated expectations about salaries.

And I thought I was the only one noticing that.
You mean the fact that I got a B- in an arts degree with a focus on psychology means I deserve less than $60k? You are insane!

Insane in the Membrane!

OP, I left you a PM. It supports what others have stated here. What city are you in, btw?

i would guess Canadia based on his profile. I wonder if he was quoting in CAD or USD.

Not sure it matters much, as CAD and USD are virtually 1 to 1.
 

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Originally posted by: CPA
Originally posted by: Skoorb
Originally posted by: kranky
Originally posted by: CPA
I would like to know what the offer was for what position. It's been my recent experience that many new graduates have inflated expectations about salaries.

And I thought I was the only one noticing that.
You mean the fact that I got a B- in an arts degree with a focus on psychology means I deserve less than $60k? You are insane!

Insane in the Membrane!

OP, I left you a PM. It supports what others have stated here. What city are you in, btw?

Boston, MA
 

techgamer

Senior member
Sep 19, 2007
570
0
0
What about me. I graduated a year and a half ago with a double major in finance and economics. I interviewed at over a dozen locations and only received two offers I went with a banking firm (not a traditional banking branch, its more of a headquarters office)who hired me at entry level for about 28k and I have had one raise up to 30k. I feel like I am under paid and not being trained for anything skillful but then I look at some of my peers who are still jobless. I would like to be in the $50+ range soon...
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: techgamer
What about me. I graduated a year and a half ago with a double major in finance and economics. I interviewed at over a dozen locations and only received two offers I went with a banking firm (not a traditional banking branch, its more of a headquarters office)who hired me at entry level for about 28k and I have had one raise up to 30k. I feel like I am under paid and not being trained for anything skillful but then I look at some of my peers who are still jobless. I would like to be in the $50+ range soon...

what school, gpa?

non-accounting and non-true finance jobs pay very low. you need a career change.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: techgamer
Orlando, FL, UCF 3.4 ish.... what do you mean by true-finance job

analyst at i-bank, corp finance, etc.

what is your title?
 

techgamer

Senior member
Sep 19, 2007
570
0
0
I dont really have a title. I am still in an entry level department though I am now doing my original job plus working my way into some uper level divisions. It is a smaller company (50 or so employees) so there isnt a lot of room to move around however they are in a growth stage doubling their net profit every 2-3 years.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: techgamer
I dont really have a title. I am still in an entry level department though I am now doing my original job plus working my way into some uper level divisions. It is a smaller company (50 or so employees) so there isnt a lot of room to move around however they are in a growth stage doubling their net profit every 2-3 years.

i hope you got in on some stock options.
 

thepd7

Diamond Member
Jan 2, 2005
9,423
0
0
Originally posted by: JS80
Originally posted by: thepd7
Originally posted by: Krazy4Real
Originally posted by: Gibson486


She is an accountant with a great resume.

She got an offer for 38k. It is for an Revenue and Controls Accountant. I was expecting atleast 42k for her and she was expecting 45K.

:confused:

So.... tell your gf to tell them she wants 45k. Tell her to explain to them why she thinks she's worth that salary. If she interviews well and she knows how to "sell" herself to a company they will enter negotiations with her.

Companies aren't going to just throw money at her. Just about every company will start at the low end of the totem pole and expect you to work them up. Did she happen to make the common mistake of answering the question, "What is your expected pay for this position" question?

Not true anymore. Many companies aren't even leaving wiggle room anymore. I know of a girl that got offered a position at a company, countered for $8k more and they flat out dropped her offer all together.

I am not sure in this case and if the OP's gf won't accept $38 then there is no harm in going for $45 but the logic that most or all companies lowball to begin is no longer true.

<- may grad with tons of eperience on this over the past few months.

in this job market if they drop you for $8k more, the position probably doesn't have room for growth and the company prob sux to work for.

Well the offer was entry level for $58k with a defense contractor (whom I also got an offer from) that has thousands of employees, so I am going to go with my recent experience again on this one.
 

spamsk8r

Golden Member
Jul 11, 2001
1,787
0
76
Tell her to submit a counter-offer. The worst that could happen is they say no and the original offer stands.
 

GoingUp

Lifer
Jul 31, 2002
16,720
1
71
Originally posted by: Skoorb
Originally posted by: kranky
Originally posted by: CPA
I would like to know what the offer was for what position. It's been my recent experience that many new graduates have inflated expectations about salaries.

And I thought I was the only one noticing that.
You mean the fact that I got a B- in an arts degree with a focus on psychology means I deserve less than $60k? You are insane!

Yea but you got an A in beer drinking, video games playing, and ass kicking while taking names. :heart:
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
Originally posted by: thepd7
Well the offer was entry level for $58k with a defense contractor (whom I also got an offer from) that has thousands of employees, so I am going to go with my recent experience again on this one.

No offense, but one or two experiences as a recent grad do not make you credible. Get on the other side to understand. There is one simple truth, a quality candidate demands a quality price.

I've easily accepted contracts/bids/employees that were twice what others were offering. Because I knew I was going to get quality.
 

KK

Lifer
Jan 2, 2001
15,903
4
81
Originally posted by: spamsk8r
Tell her to submit a counter-offer. The worst that could happen is they say no and the original offer is gone.

fixed
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: Gobadgrs
Originally posted by: Skoorb
Originally posted by: kranky
Originally posted by: CPA
I would like to know what the offer was for what position. It's been my recent experience that many new graduates have inflated expectations about salaries.

And I thought I was the only one noticing that.
You mean the fact that I got a B- in an arts degree with a focus on psychology means I deserve less than $60k? You are insane!

Yea but you got an A in beer drinking, video games playing, and ass kicking while taking names. :heart:
And burning up Hemi tires!

 

magomago

Lifer
Sep 28, 2002
10,973
14
76
*raises hand as to one of those who is expecting about 60K starting when he graduates*
 

KillerCharlie

Diamond Member
Aug 21, 2005
3,691
68
91
Originally posted by: Gibson486
My gf thought she graduated in August. She has been on interviews since. Companies have been giving lots of interest in her, but they never follow through to an actual offer (One company even said the offer would come, but it never did). 1 company finally followed through, but they coudn't give her an offer. Why? because the school listed her as ungraduated. Appearently, a 2 credit independent study she did never went through because the professor never posted the grade (even though he said it was an A). She emails the professor and he said that he never got around to grading it (he has had this paper for 4 months). Well....after all is said and done, the company has waited 1.5 weeks to get everything straightned out. The best the school could do is send a letter stating that she graduated...however, it will not show on the background check until 4 weeks. She finally got the offer, but it's really low. Would companies purposely give you a lowball offer to tell you to go away? I owuld imagine that companies would not give you an offer all together, but my gf thinks otherwise.

What kind of crappy schools lets professors get away with that? All the schools I'm familiar with have VERY strict rules about professors giving grades.
 

FoBoT

No Lifer
Apr 30, 2001
63,084
15
81
fobot.com
yes, igonring/no reply/don't call us, we'll call you, those are all much easier than lowballing with the intent of not hiring

they are spinning the wheel hoping to find someone cheap
 

PeteyCPU

Senior member
Mar 8, 2002
939
0
76
I hope this gives you some basis.

I graduated with an degree in accounting in 04'. I had one internship which led to my 1st job out of college as a tax accountant at a public accounting firm. Starting pay: 51k (not including sign-on bonus of 5k). I did two years and jumped to private. I now make approx. 80k.

Private straight out of school will not get you more that about 40K I would say. Public is the way to go. Put some time in and then jump.
 

Zenmervolt

Elite member
Oct 22, 2000
24,514
36
91
A company will never make an offer to anyone they do not seriously want to employ. The offer is essentially a contract and if the person takes them up on it, they are "stuck" with that person. There's way too much risk to make an offer to anyone you weren't serious about bringing on.

If they don't want you, they'll flat out tell you. Companies really don't care if your feelings are hurt so they aren't going to try to be "nice" and gently push you away with a low offer.

ZV