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bamhand
Apr 15, 2010
Is that something the background check would catch?

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Jeffrey of YOSPOS
Dec 22, 2005

GET LOSE, YOU CAN'T COMPARE WITH MY POWERS

Eric the Mauve posted:

So then--seeing as it's not verifiable, else an interviewer would just call your employer rather than try to weasel the information out of you--why not just lie about what you currently make? :can:

(There's a correct practical [as opposed to moral] answer to this question, I think. I'm curious whether anyone else hits on it.)
It's better to lie about a pending offer (maybe the details are confidential!) than something possibly verifiable.

You can also use your own, uhh, liberal valuations on perks of your current job. I once made the case that free lunches and dinners if we stayed late was a $20,000/year pre-tax benefit and that needed to be matched if meals weren't covered, and they agreed.

Fhqwhgads
Jul 18, 2003

I AM THE ONLY ONE IN THIS GAME WHO GETS LAID
I interviewed for job B with an offer from job A in hand and I definitely embellished what the offer was in base and bonus (just a little but just enough) because the recruiter cared more about what I was being offered then what I was currently making.

Dwight Eisenhower
Jan 24, 2006

Indeed, I think that people want peace so much that one of these days governments had better get out of the way and let them have it.

Eric the Mauve posted:

So then--seeing as it's not verifiable, else an interviewer would just call your employer rather than try to weasel the information out of you--why not just lie about what you currently make? :can:

(There's a correct practical [as opposed to moral] answer to this question, I think. I'm curious whether anyone else hits on it.)

You can price yourself out of an improvement, while your BATNA isn't as good as you lied about it being.

You have to keep your lie straight, if you gently caress it up then they'll know you're lying at some point in time. Unless you're interviewing for a sales position this will probably tank your prospects.

You don't get to learn any pricing information: finding out what you're worth is getting a few competing offers for your labor and seeing how high other people will for real go to pay you. If you make up a number and tell people that and don't get any takers because you're unrealistically high, you don't find out where realistic is.

bamhand
Apr 15, 2010

Jeffrey of YOSPOS posted:

It's better to lie about a pending offer (maybe the details are confidential!) than something possibly verifiable.

You can also use your own, uhh, liberal valuations on perks of your current job. I once made the case that free lunches and dinners if we stayed late was a $20,000/year pre-tax benefit and that needed to be matched if meals weren't covered, and they agreed.

Is that 25 bucks a meal, twice a day, for 50 weeks a year? That'll get you to to 12.5k so 20k pre tax? That's pretty impressive bargaining.

Jeffrey of YOSPOS
Dec 22, 2005

GET LOSE, YOU CAN'T COMPARE WITH MY POWERS

bamhand posted:

Is that 25 bucks a meal, twice a day, for 50 weeks a year? That'll get you to to 12.5k so 20k pre tax? That's pretty impressive bargaining.
It was a bizarre situation where I had a shitload of leverage(company was spinning off a group I was part of to an external buyer and I was to be the single engineer they sent), and it was $18 for lunch and $30 for dinner, but yeah that was the math I did. (Those weren't numbers I made up but the maximum allowed from the delivery service they contracted with.) I threw in some hand-wringing about commuting further as well. I truly did not want to leave or work for the second company and felt aggrieved enough to throw my weight around, and it was unpleasant as expected, but profitable for me at the very least.

Naturally I immediately started bringing my own lunch and leaving before dinner once I started at the new place.

Dr. Fraiser Chain
May 18, 2004

Redlining my shit posting machine


Are federal government offers negotiable? What's negotiable in them? Can I request a rate change from tech to a professional listing? Can I ask for a higher step?

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:
A lot of times while the "hard" numbers aren't negotiable, a lot of the stuff around the edges is - and can really work to your benefit.

George H.W. Cunt
Oct 6, 2010





Got a job offer! Yay! They don't offer 401k because of some misguided bullshit saying they can be sued for losses in earnings. Boo. What's a reasonable counter to compensate for lack of retirement? Being capped at $5500 a year in an IRA is really a bummer.

Pay is 70 that’s bumped up to 75 after 90 days.

No Butt Stuff
Jun 10, 2004

Goodpancakes posted:

Are federal government offers negotiable? What's negotiable in them? Can I request a rate change from tech to a professional listing? Can I ask for a higher step?

If they're offering you something that was bid as a GS-08 to GS-10 or something and offered you in at 8 or 9, you could negotiate for 10. If it's only one band, like a GS-11 or w/e, you could negotiate the starting step based on experience.

That's... really about it.

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22

George H.W. oval office posted:

Got a job offer! Yay! They don't offer 401k because of some misguided bullshit saying they can be sued for losses in earnings. Boo. What's a reasonable counter to compensate for lack of retirement? Being capped at $5500 a year in an IRA is really a bummer.

Pay is 70 that’s bumped up to 75 after 90 days.

cold hard loving cash on the nail

barring that a bunch of vacation days i guess

Jordan7hm
Feb 17, 2011




Lipstick Apathy

Goodpancakes posted:

Are federal government offers negotiable? What's negotiable in them? Can I request a rate change from tech to a professional listing? Can I ask for a higher step?

Canada here, but you can definitely negotiate a higher step. Basically the only thing that's negotiable though, and you've only got one chance to do it (when you take the job).

George H.W. Cunt
Oct 6, 2010





KYOON GRIFFEY JR posted:

cold hard loving cash on the nail

barring that a bunch of vacation days i guess

Easiest money I've ever made. I kinda hosed up the email though and put 85000 after probationary period so I go from 70 > 85 after 90 days. Still happy. Still 10k

ImpactVector
Feb 24, 2007

HAHAHAHA FOOLS!!
I AM SO SMART!

Uh oh. What did he do now?

Nap Ghost
I found out on Thursday that the company I work for is getting bought out. I wasn't super concerned right away, because one of the stated reasons they decided to buy us was our technology/software (we're a construction-related company, not primarily software), and I'm the person on staff with the longest history working on it.

But after thinking about it I'm starting to get concerned. My wife and I were just starting to look for our first house, and I have no intention of moving to the HQ location of the new firm halfway across the country. It sounds like they do do some telecommuting stuff, but I'm not really sure how much travel this would entail, or how likely it is I'll be able to keep my local dev team (2 developers and a BA, the devs are direct reports, with plans to hire another dev that are probably dead for now). They also apparently have an Oracle back end, while we're strictly a Microsoft shop.

They also offered me a retention bonus worth about 21% of my annual salary if I stay 4 months after the merger. I haven't seen the actual offer yet since I was out on PTO Friday, so I don't know how binding any of it is. The way my boss described it over the phone it sounds like there's no downside if I leave. But on the other hand, I don't know if they have to pay out if they let me go before that.

So I guess I have 2 questions for the thread:

1) On a scale of 1 to hair on fire, how freaked out should I be? I'll definitely be getting my resume ready, but should I start the job search now?

2) Should I try to negotiate that bonus upwards? I sort of soft agreed to it on the phone with my boss and said a bunch of stuff about seeing this as an opportunity to grow (which I do think is a possibility, given that our tech stack is probably more advanced than theirs and apparently their staff skews older according to our current CEO during the announcement). But I haven't even gotten a chance to look at it yet.

Eric the Mauve
May 8, 2012

Making you happy for a buck since 199X
There are exceptions to everything, but it's very likely that one way or another you'll be gone from that company within six months. That's just what happens when there are takeoversmergers. Getting freaked out about it isn't useful, and just resigning isn't useful, but it's time to go find your next job. IMO.

fantastic in plastic
Jun 15, 2007

The Socialist Workers Party's newspaper proved to be a tough sell to downtown businessmen.

ImpactVector posted:

I found out on Thursday that the company I work for is getting bought out. I wasn't super concerned right away, because one of the stated reasons they decided to buy us was our technology/software (we're a construction-related company, not primarily software), and I'm the person on staff with the longest history working on it.

But after thinking about it I'm starting to get concerned. My wife and I were just starting to look for our first house, and I have no intention of moving to the HQ location of the new firm halfway across the country. It sounds like they do do some telecommuting stuff, but I'm not really sure how much travel this would entail, or how likely it is I'll be able to keep my local dev team (2 developers and a BA, the devs are direct reports, with plans to hire another dev that are probably dead for now). They also apparently have an Oracle back end, while we're strictly a Microsoft shop.

They also offered me a retention bonus worth about 21% of my annual salary if I stay 4 months after the merger. I haven't seen the actual offer yet since I was out on PTO Friday, so I don't know how binding any of it is. The way my boss described it over the phone it sounds like there's no downside if I leave. But on the other hand, I don't know if they have to pay out if they let me go before that.

So I guess I have 2 questions for the thread:

1) On a scale of 1 to hair on fire, how freaked out should I be? I'll definitely be getting my resume ready, but should I start the job search now?

2) Should I try to negotiate that bonus upwards? I sort of soft agreed to it on the phone with my boss and said a bunch of stuff about seeing this as an opportunity to grow (which I do think is a possibility, given that our tech stack is probably more advanced than theirs and apparently their staff skews older according to our current CEO during the announcement). But I haven't even gotten a chance to look at it yet.

Your future is now in the hands of people who you have no prior relationship with. While you don't know what they plan to do with your company, they certainly do, or they wouldn't have bought you. So I'd be non-trivially concerned, but not panicking. They're offering you money to stay, that means they're interested in keeping you around. They might be doing that so that you can train the team that's going to replace you, so you might as well try to get something out of the deal.

Yes, you should try to negotiate the bonus upwards. Not trying to do so is just leaving money on the table.

Kudaros
Jun 23, 2006
I'm expecting a phone call this week or next with either an offer or a "thanks for interviewing". The job ad explicitly stated a compensation range. The interview was two hours long and included a tour, discussion of the business, discussion of my scientific background, discussion of benefits (they are truly impressive), start date discussion, and discussion of compensation. I do not have an offer in hand, but from the conversation I feel confident that this phone call will involve a specific figure and settling on a start date.

At the end, interviewer asked if I was ok with that salary range and I said yes (not sure if this is a gently caress up). We didn't negotiate a specific number, they would need to get back to me.. Interviewer would actually be my supervisor in an analytics department. We agreed that PhD and such would be reasonable for the upper end of that range.

Any advice on scenarios in which they call and make an offer?

Other pertinent details: I have no other offers or interviews at this point. I am coming from a PhD where I was making 24k. My funding has ended and I am currently making 0k, but this isn't an emergency. The job would likely land me just shy of six figures in a low cost of living city. My previous plan involved a postdoc that fell through and would have payed slightly less in a very high cost of living city. I have numerous other applications for positions that are appropriate, but no pending interviews. I am not strictly geographically bound, but it would be to my major advantage to stay in this city for another year or two.

LochNessMonster
Feb 3, 2005

I need about three fitty


Eric the Mauve posted:

There are exceptions to everything, but it's very likely that one way or another you'll be gone from that company within six months. That's just what happens when there are takeoversmergers. Getting freaked out about it isn't useful, and just resigning isn't useful, but it's time to go find your next job. IMO.

Great advice. I was just part of a merger that turned out to be a takeover. As a senior engineer they really wanted to keep me on board (or at least they said so). Unfortunately they didn’t show that in any shape or form. I completed the year there to see if anything would change. Nothing happened that influenced my doubts about my role in the new company so I decided to look for something different.

Since you have job security, you have a pretty good batna. If you don’t like a company after the interviews, you just stay put until you find one you do.

Namarrgon
Dec 23, 2008

Congratulations on not getting fit in 2011!

Kudaros posted:

Any advice on scenarios in which they call and make an offer?

Other pertinent details: I have no other offers or interviews at this point. I am coming from a PhD where I was making 24k. My funding has ended and I am currently making 0k, but this isn't an emergency. The job would likely land me just shy of six figures in a low cost of living city. My previous plan involved a postdoc that fell through and would have payed slightly less in a very high cost of living city. I have numerous other applications for positions that are appropriate, but no pending interviews. I am not strictly geographically bound, but it would be to my major advantage to stay in this city for another year or two.

If they call you accept you doofus.

Kudaros
Jun 23, 2006

Namarrgon posted:

If they call you accept you doofus.

will do! I suppose I was asking more like, should I bother asking for more (say 85 is offered, ask for 87, but not the limit)

ImpactVector
Feb 24, 2007

HAHAHAHA FOOLS!!
I AM SO SMART!

Uh oh. What did he do now?

Nap Ghost
Just wanted to pop in and say thanks for the reality check guys. I'll fire up the resume and start putting feelers out.

Dwight Eisenhower
Jan 24, 2006

Indeed, I think that people want peace so much that one of these days governments had better get out of the way and let them have it.

Kudaros posted:

will do! I suppose I was asking more like, should I bother asking for more (say 85 is offered, ask for 87, but not the limit)

You can ask.

And when they say "No" you will still accept, right?

So:

- You will risk very little (the risk is you ask for more and they pull their offer entirely, in which case you were kinda hosed anyway)
- You will also demonstrate that they can deny your requests and you'll still work for them. That might make negotiating in the future more difficult.

So it doesn't really hurt to ask, but it's worth thinking about those consequences. Your BATNA is unemployment.

Eric the Mauve
May 8, 2012

Making you happy for a buck since 199X

Dwight Eisenhower posted:

You can ask.

And when they say "No" you will still accept, right?

So:

- You will risk very little (the risk is you ask for more and they pull their offer entirely, in which case you were kinda hosed anyway)
- You will also demonstrate that they can deny your requests and you'll still work for them. That might make negotiating in the future more difficult.

So it doesn't really hurt to ask, but it's worth thinking about those consequences. Your BATNA is unemployment.

Yeah, if you ask for more and they pull the offer then you dodged a bullet; chances are about 98% that you'd swiftly regret working for that company if that's how they operate.

If they offer something you're willing to accept and your BATNA sucks then it's better to just accept the offer for the exact reason you said: it won't help your prospects for success with the company if they start off knowing there's no teeth behind any request you make.

Usually it's best to stick to asking for more only if your BATNA is good enough that you're genuinely willing to walk away if they don't improve their offer. That usually means one of two things: either

1. you have a comparable offer in hand or your current job isn't significantly worse than the offer; or
2. the offer is so weak that in the long run remaining unemployed or underemployed for now is no worse. (In this case though, this probably isn't a company you want to stay at for long even if they do improve their offer into an acceptable range.)

Eric the Mauve fucked around with this message at 16:31 on Mar 6, 2018

Dwight Eisenhower
Jan 24, 2006

Indeed, I think that people want peace so much that one of these days governments had better get out of the way and let them have it.

Eric the Mauve posted:

Yeah, if you ask for more and they pull the offer then you dodged a bullet; chances are about 98% that you'd swiftly regret working for that company if that's how they operate.

If they offer something you're willing to accept and your BATNA sucks then it's better to just accept the offer for the exact reason you said: it won't help your prospects for success with the company if they start off knowing there's no teeth behind any request you make.

Usually it's best to stick to asking for more only if your BATNA is good enough that you're genuinely willing to walk away if they don't improve their offer. That usually means one of two things: either

1. you have a comparable offer in hand or your current job isn't significantly worse than the offer; or
2. the offer is so weak that in the long run remaining unemployed or underemployed for now is no worse. (In this case though, this probably isn't a company you want to stay at for long even if they do improve their offer into an acceptable range.)

I disagree only in that it's cut and dry strictly worse to ever back down. Sometimes you want to fold when your bluff gets called, and sometimes you want to bluff.

Kudaros
Jun 23, 2006
They just called and offered me the max anyway. Start in two weeks. What an insane jump.

bamhand
Apr 15, 2010
Congrats on the money.

Dwight Eisenhower
Jan 24, 2006

Indeed, I think that people want peace so much that one of these days governments had better get out of the way and let them have it.

bamhand posted:

Congrats on the money.

Chaotic Flame
Jun 1, 2009

So...


Kudaros posted:

They just called and offered me the max anyway. Start in two weeks. What an insane jump.

Congrats! I always get a good tingle when goons do well with job offers.

Kudaros
Jun 23, 2006
Thanks all!


Chaotic Flame posted:

Congrats! I always get a good tingle when goons do well with job offers.

I've been lurking these threads for years and they've really helped me keep it together.

Sleepytime
Dec 21, 2004

two shots of happy, one shot of sad

Soiled Meat
I will be graduating in August with an MBA in Finance in the Indianapolis area. I've been a manager at a production facility for 8 years and have gone from 35k to 50k over that time.

My undergrad is in International Management. I probably would have had better luck switching jobs closer to when I started because my degree isn't really specific enough to get me into anything but sales. I've applied for various jobs and had a few interviews off and on over the years but nothing ever came through. That's what led to me pursuing my MBA. I have my anticipated completion date on my resume but haven't had any interviews since I started my MBA.

The CEO knows I will be graduating in 6 months and offered me a promotion today if I commit to staying through 6 months. I would be reporting directly to him and would be responsible for doing analysis on our production runs in addition to other financial projects. He specifically mentioned me becoming controller for one of our divisions.

My question is what are my downsides to committing to stay for 6 months? The CEO pitched me very strongly on getting a bump in pay and getting an option to get equity in the company or division at a later time. He would be managing me directly and bring me in the loop on our core business processes and analysis.

I really want to switch companies but am not desperate to the point that I'm ready to quit without having something lined up. At the same time my company has had inconsistent staffing for the majority of office positions and any finance or accounting positions have seen high turnover. The CEO can be very optimistic about new initiatives or hires until the first sign of trouble, at which point everything goes to hell. I don't know if I will end up being chewed up and spit out like the other people who have filled the position. If somebody had asked me what it would take to get me to stay with the company, I would say that it wouldn't be fair to my coworkers. I feel like my desired compensation to stay would lead to me getting fired once the CEO changed his mind and decided that he could do the work himself.

Jeffrey of YOSPOS
Dec 22, 2005

GET LOSE, YOU CAN'T COMPARE WITH MY POWERS
What does "committing" mean? Would you be signing a new contract or just verbally agreeing? I don't personally value loyalty to one's company very highly and would feel okay saying yes to that while still considering my options, assuming there was nothing legally binding about it. Equity "down the line" is bullshit - you can ask for it upfront in the contract if you want.

Sleepytime
Dec 21, 2004

two shots of happy, one shot of sad

Soiled Meat
It would be verbal as far as I know. If I sign a new contract, how does that change things? I signed my original offer when I got hired but haven't signed anything since then.

And it would be an option to buy equity in the company, not equity as part of my compensation.

Jeffrey of YOSPOS
Dec 22, 2005

GET LOSE, YOU CAN'T COMPARE WITH MY POWERS
A new contract could lock you in to some degree with penalties for leaving early, increased notice period or non-compete, etc.

My point re: the equity is, if it's not in a contract you're handed, don't assume you'll actually have that option even if its promised to you verbally. Your boss/the company probably doesn't want to commit to giving you that option for the same reason you don't want to commit to them.

Grumpwagon
May 6, 2007
I am a giant assfuck who needs to harden the fuck up.

6 months isn't a long time. As long as you're not miserable, I'd be comfortable committing to stay on for that in exchange for a raise/promotion (plus the ability to show that new position on your resume in 6.1 months), especially verbally. I'm mostly a lurker in this thread though, so, grain of salt.

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:
You're underpaid, especially now with an MBA.

No Butt Stuff
Jun 10, 2004

The only way having the title "Manager" and salary of 50k is ever appropriate is if it's a Ruby Tuesday.

Dwight Eisenhower
Jan 24, 2006

Indeed, I think that people want peace so much that one of these days governments had better get out of the way and let them have it.

Sleepytime posted:

I will be graduating in August with an MBA in Finance in the Indianapolis area. I've been a manager at a production facility for 8 years and have gone from 35k to 50k over that time.

My undergrad is in International Management. I probably would have had better luck switching jobs closer to when I started because my degree isn't really specific enough to get me into anything but sales. I've applied for various jobs and had a few interviews off and on over the years but nothing ever came through. That's what led to me pursuing my MBA. I have my anticipated completion date on my resume but haven't had any interviews since I started my MBA.

The CEO knows I will be graduating in 6 months and offered me a promotion today if I commit to staying through 6 months. I would be reporting directly to him and would be responsible for doing analysis on our production runs in addition to other financial projects. He specifically mentioned me becoming controller for one of our divisions.

My question is what are my downsides to committing to stay for 6 months? The CEO pitched me very strongly on getting a bump in pay and getting an option to get equity in the company or division at a later time. He would be managing me directly and bring me in the loop on our core business processes and analysis.

I really want to switch companies but am not desperate to the point that I'm ready to quit without having something lined up. At the same time my company has had inconsistent staffing for the majority of office positions and any finance or accounting positions have seen high turnover. The CEO can be very optimistic about new initiatives or hires until the first sign of trouble, at which point everything goes to hell. I don't know if I will end up being chewed up and spit out like the other people who have filled the position. If somebody had asked me what it would take to get me to stay with the company, I would say that it wouldn't be fair to my coworkers. I feel like my desired compensation to stay would lead to me getting fired once the CEO changed his mind and decided that he could do the work himself.

the ceo wants to keep your around for another year because you're cheap

you're still cheap even with the raise

Vox Nihili
May 28, 2008

Sleepytime posted:

I will be graduating in August with an MBA in Finance in the Indianapolis area. I've been a manager at a production facility for 8 years and have gone from 35k to 50k over that time.

My undergrad is in International Management. I probably would have had better luck switching jobs closer to when I started because my degree isn't really specific enough to get me into anything but sales. I've applied for various jobs and had a few interviews off and on over the years but nothing ever came through. That's what led to me pursuing my MBA. I have my anticipated completion date on my resume but haven't had any interviews since I started my MBA.

The CEO knows I will be graduating in 6 months and offered me a promotion today if I commit to staying through 6 months. I would be reporting directly to him and would be responsible for doing analysis on our production runs in addition to other financial projects. He specifically mentioned me becoming controller for one of our divisions.

My question is what are my downsides to committing to stay for 6 months? The CEO pitched me very strongly on getting a bump in pay and getting an option to get equity in the company or division at a later time. He would be managing me directly and bring me in the loop on our core business processes and analysis.

I really want to switch companies but am not desperate to the point that I'm ready to quit without having something lined up. At the same time my company has had inconsistent staffing for the majority of office positions and any finance or accounting positions have seen high turnover. The CEO can be very optimistic about new initiatives or hires until the first sign of trouble, at which point everything goes to hell. I don't know if I will end up being chewed up and spit out like the other people who have filled the position. If somebody had asked me what it would take to get me to stay with the company, I would say that it wouldn't be fair to my coworkers. I feel like my desired compensation to stay would lead to me getting fired once the CEO changed his mind and decided that he could do the work himself.

Seems odd that he's trying to lock you up until the day you graduate (and would, presumably, subsequently leave for another job). Unless you're looking to leave before you finish your program there doesn't seem to be a ton of downside. Even if you do want to leave early theres probably not much he can bind you to unless you sign a contract. Of course, breaking your word could negatively impact any recommendations your boss provides down the road.

EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:
My dude, starting managers at McDonald's make $48,000 what are you doing you have an "MBA in finance" this isn't even that hard.

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EAT FASTER!!!!!!
Sep 21, 2002

Legendary.


:hampants::hampants::hampants:
1) Start taking interviews
2) If possible, obtain a job offer for more than you're making
3) Take the negotiation with your manager very seriously: have detailed information about what you're worth especially now that you've got your graduate degree and with your relevant experience, if possible have a BATNA
4) Get whatever raise is possible
5) Use your new salary as an floor point as you continue to take interviews
6) Find the right job and leave your company. With 8 years of experience you should be making north of 60 or 70k. Now that you've got the MBA you should be making 6 figgies.

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