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I love this. Company 1 got back to me. Here was their initial offer: Base: $115k Bonus: 10% RSUs: $80k with a 1 year cliff and a 3 year vesting period. This is public stock so I can actually sell it. ESPP: Lowest price in the last 6 months - 15% and I can lock it in for 2 years. 401k Match: 4% I pushed back and said the base salary was too low and that I needed something like $130k and the $10k signing bonus because I'm walking away from an EOY bonus at Company 0. She says she'll get back to me. She calls me back 10 minutes later saying, "Just so we're on the same page, this is what I'm going to push them for:" Base $120k RSUs: $97k Signing Bonus: $10k If she succeeds, my negotiation will have netted me $32k more money. I will  if I get good news by EOD. Company 2 can't loving compete even if they deliver on what I asked them for. Company 0 can't possibly pay me enough at this point. My final gross for Year 1 at Company 1 with just the initial offer is already $156k before accounting for ESPP and the 401k match plus 90% chance they come back with a higher offer in some way. It seems like a slam dunk.
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Sep 27, 2019 20:10
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Congrats! I just got off the phone from my offer. 120k base with the approximate 14-28% bonus. From everything I've heard from people who work there the bonus is fairly certain. My current is 122k but now I won't have to travel and the 5% bonus i got this year was pretty bad. Plus 1.5% 401k match is laughable, new place offers 7% match plus another 3% as "pension". KYOON GRIFFEY JR posted:not being billable is your fault though, you're supposed to move heaven and earth to get billable Yeah I don't think I'm cut out for consulting. I consider my job to be doing what I went to school for. Not trying to find work for the company. And I don't see a reason for the people I asked about the bonuses to lie or exaggerate. They're family friends and have no vested interest in me working for the company. bamhand fucked around with this message at 20:18 on Sep 27, 2019 |
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Sep 27, 2019 20:14
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I'd value not needing to deal with airports and airlines at >2k so congrats even w/o any bonuses.
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Sep 27, 2019 20:20
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I plugged all the numbers of each offer and outcome into a spreadsheet and even the initial offer from Company 1 here is better than literally the best case scenario from Company 0 that I originally pushed them for. Company 2 got back to me and held firm against my counter, so once Company 1 gets back to me I can basically accept whatever they send me because the base offer is a $31k improvement over my current situation. NEVER DON'T NEGOTIATE. https://www.youtube.com/watch?v=m2DvmHusyk4 Hoodwinker fucked around with this message at 21:03 on Sep 27, 2019 |
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Sep 27, 2019 21:00
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should be in the op imo
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Sep 27, 2019 21:28
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KYOON GRIFFEY JR posted:not being billable is your fault though, you're supposed to move heaven and earth to get billable Not being billable at big 4 is your fault at M and above. Not below. Big 4 consulting bonuses are wildly variable based on all kinds of poo poo outside your control, especially at lower levels. Last year I received close to 30% while a coworker who honestly was very good received less than 5. The difference is that a pursuit I worked on was successful. And like I’m part of the reason but also I just got lucky. It’s nonsense.
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Sep 27, 2019 23:26
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Company 1 accepted all the terms of my counter and I accepted their offer. Final Numbers: Company 0 - Salary: $110k Bonus: 12.5% 401k Match: 4% Next Year's Final Value: ~$128k Company 1 - Salary: $120k Bonus: 10% Signing Bonus: $10k RSUs: $97k (1 year cliff and a 3 year total vesting period) ESPP: 10% of base worth of stock at the lowest price in the last 6 months - 15% 401k Match: 4% Next Year's Final Value: ~$180k Total value of negotiation: $52k ALWAYS BE NEGOTIATING Edit: I mean I guess the signing bonus counts for this year but who cares it's still an assload of money!!! Edit2: The difference from their original offer and the final offer was still $21k so my point still stands!!! I'm stupid excited don't @ me!!! Hoodwinker fucked around with this message at 21:03 on Sep 28, 2019 |
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Sep 28, 2019 20:29
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This is seriously my favorite thread. Congrats Hoodwinker!
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Sep 28, 2019 21:08
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Hoodwinker posted:Company 1 accepted all the terms of my counter and I accepted their offer.  Whatever level of aloofness you radiated at Company 1, sincere or otherwise, certainly helped you win. Congrats on the win!
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Sep 30, 2019 17:01
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Dwight Eisenhower posted:
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Sep 30, 2019 17:50
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Just verbally accepted my offer. Current job: 121k base 5% average bonus 6.5% 401k, vested over 5 years (I only have 1 year of vest right now) 15 vacation, 10 holidays, "unlimited" sick days (but it impacts your utilization, which impacts your bonus) 4 weeks paternity Consulting and the travel/hours associated with it New job: 120k base 14% average bonus 10% 401k vested over 2 years 20 vacation, 10 holidays 10, sick days 2 weeks paternity Industry job, on Forbes list of top 100 places to work Overall everything except paternity and base pay are better. I think the overall intangibles are quite a bit better. On the phone they didn't give me a hard number but said they're looking to pay around 100k, I said I'm looking for 130 ish and they ended up offering 120 officially. I don't think I negotiated very hard but I'm very happy with where I ended up. So I suppose I still need to wait until I sign the official offer before I give notice? I already feel super checked out at work but I know that's the responsible thing to do.
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Sep 30, 2019 20:17
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Yeah don't give notice until offer is signed and references or background check is done.
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Sep 30, 2019 20:22
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Giving up $1k for 5 PTO days is well worth it. I used to be able to buy PTO and it was way more expensive than that (basically your hourly pay rate times 40). Nice job man.
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Sep 30, 2019 20:37
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glad to see people getting paid itt
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Sep 30, 2019 23:07
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silvergoose posted:Yeah don't give notice until offer is signed and references or background check is done. Huh so it turns out the company does verbal offers? They're sending me a letter for my records but there's nothing to sign just a verbal confirmation I gave over the phone. That seems kind of weird. But I'm starting in 3 weeks and I'm excited!
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Oct 1, 2019 14:50
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bamhand posted:Huh so it turns out the company does verbal offers? They're sending me a letter for my records but there's nothing to sign just a verbal confirmation I gave over the phone. That seems kind of weird. But I'm starting in 3 weeks and I'm excited! Uhhhhhhh
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Oct 1, 2019 14:56
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I've been to their campus. It's 4+ enormous buildings with thousands of people. This just seems like a weird quirk of their HR? I'm getting finger printed etc. next week. Or maybe I have outstanding warrants I don't know about and this is a very elaborate way to bring me in.
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Oct 1, 2019 15:01
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i don't think that's a weird quirk i think that's straight up bad practice and shady
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Oct 1, 2019 16:11
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Shhh, let him find out the hard way a few months from now that any compensation not guaranteed in writing doesn't exist e: What exactly is in the letter they sent you for your records? I'm real curious to see that letter (redacted of course)
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Oct 1, 2019 17:02
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a quirk is like "the offer letter is in Comic Sans" or "we want to take a welcome photo of you to share with the staff in one of those things for kids where they poke their head through a hole so it looks like they're a giraffe"
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Oct 1, 2019 18:08
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I'm waiting for the official offer letter to come through from the parent company and I'm pretty sure my jaw could bite through rebar at the moment.
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Oct 1, 2019 18:10
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Just received my letter. For those of you who are curious, it just looks like a standard offer. Has my annual base pay, bonus range, leave, 401k, and pension amounts. And then follow up instructions on when to show up for the first day and an online onboarding link. It's basically the same as any other offer letter I've received minus a place to sign.
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Oct 1, 2019 18:31
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...can you sign it anyway, send it back, request a counter signature? Like, what the poo poo.
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Oct 1, 2019 18:47
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What additional leverage would having some random HR drone sign the letter provide? It's not an employment contract, they can still rescind it or change it on you at the last minute anyway.
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Oct 1, 2019 19:40
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With verbal offers send an IMMEDIATE email back to them with all key terms and asking them to let you know if anything is NOT correct. May as well prepare yourself for the inevitable litigation, after all. E: if you’re done negotiating and already accepting, then state that you’re accepting too.
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Oct 1, 2019 19:59
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I have the entire offer in writing with all my comp details. They just aren't asking me to sign it. Even if I do sign it, they can just fire me immediately anyways right? It's at will employment. Like what Droo said, I'm not sure what a signature would add. But I am also not a lawyer.
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Oct 1, 2019 20:01
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It's more if anything goes haywire later, they can't say "you made that up, we clearly didn't sign it" or whatever. I'm also not a lawyer though.
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Oct 1, 2019 20:04
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"I will be more comfortable with a traditional co-signed offer letter." If that's what makes them drop you you're dodging a bullet, I think.
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Oct 1, 2019 20:18
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It's still weird as hell but I'm pretty sure as long as he has the offer in writing he's fine as far as the possibility of them later saying "nope we never offered you that" is concerned.
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Oct 1, 2019 21:43
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Eric the Mauve posted:It's still weird as hell but I'm pretty sure as long as he has the offer in writing he's fine as far as the possibility of them later saying "nope we never offered you that" is concerned. yeah agreed
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Oct 1, 2019 21:57
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silvergoose posted:It's more if anything goes haywire later, they can't say "you made that up, we clearly didn't sign it" or whatever.
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Oct 2, 2019 00:29
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Eric the Mauve posted:It's still weird as hell but I'm pretty sure as long as he has the offer in writing he's fine as far as the possibility of them later saying "nope we never offered you that" is concerned. I agree. It gives you roughly the same protection as a signed offer letter (which is to say, not much, but maybe a promissory estoppel claim if they yank your offer after you incur expenses to move or something). Signed or unsigned, it's not an employment agreement and you're still at-will once you've accepted.
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Oct 2, 2019 01:29
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also in most parts of america an offer letter is in no way binding on either party xD
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Oct 2, 2019 16:48
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This is uncomfortable is spot on about why you need to do what you need to do to get paid. Worth it to give a listen. https://www.marketplace.org/shows/this-is-uncomfortable-reema-khrais/f-you-pay-me/
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Oct 4, 2019 04:37
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It’s good but unless I misheard something (she intentionally asked for less than the really high number she knew some other people made?) it feels like that first woman left money on the table and is perpetuating the cycle with her younger coworkers.
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Oct 4, 2019 05:07
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Jordan7hm posted:It’s good but unless I misheard something (she intentionally asked for less than the really high number she knew some other people made?) it feels like that first woman left money on the table and is perpetuating the cycle with her younger coworkers. I thought the same and scrolled back. She asked for $10k more than the guys who responded to her told her they made. So she actually was really smart. But I had to listen to it a second time because I completely heard the same thing as you.
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Oct 4, 2019 05:12
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Hi thraed. I am going for a job where as part of the loving application process they have an obligatory question regarding your "expected salary". It's at the bottom of this reply because I have plat but no patience for imgur. Last time I applied to this place it was a series of checkboxes and I picked a $30k range that I figured would be at least in the ballpark. This time though it's "pick one and gently caress you". Thing is, it's in a country of which I'm a citizen but haven't lived in, and I read an article recently saying companies were more reluctant to hire returning expats (which I kind of fall under), one reason being they have higher salary expectations. I make a good salary now and would like to pick the raw exchanged figure, but know that the salaries are lower there than here. Also I'm OK with making a little less in the short-term since it would at least get me over there with an income stream instead of using our prepared savings while I look around. Also also it's a company (publicly owned org) that I'd like to work for in a city that I'd love to live in. Should I pick the range I want? Or just pick the lowest (comedy) option to force them to have no real idea of my expectation? Or something else? I'm really not sure what the best move is here.
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Oct 4, 2019 12:46
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Well that'll teach me to attach files before I start typing.
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Oct 4, 2019 12:47
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Weatherman posted:I'm really not sure what the best move is here.
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Oct 4, 2019 13:00
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Weatherman posted:Or just pick the lowest (comedy) option to force them to have no real idea of my expectation? I'd do this one, unless you really want the job, in which case I'd still pick (at least) the one that aligns to your current salary. Just because an article said some companies there are cheap doesn't mean you should lower your expectations.
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