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Ultimate Mango posted:I realize I’ve been gone for a while but wanted to come back and share a success story and ask for advice: You’re burning a bridge with a small company that’s under water.
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# ¿ Aug 21, 2019 13:32 |
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# ¿ May 9, 2024 13:10 |
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drainpipe posted:The OP says to not disclose salary, which makes sense for most instances. But what if I'm moving from one industry to another and it is generally known that there is a big difference in salary between the two industries? For example, say I move from academia (decent salary) to tech or finance (great salaries). My previous salary would obviously be much lower and everyone knows it. It almost seems useless as a number since they are two different worlds. Would it still be worth it to hide that? The point isn’t that they don’t know you make more or less money. The point is to anchor your salary to the value provided to your new employer rather than the salary of your previous employer.
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# ¿ Aug 22, 2019 12:57 |
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C-Euro posted:Got the written version of the verbal offer I received yesterday and it's a 40% raise for ya boy Everyone re-read the thread title. Ask at your first one on one.
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# ¿ Aug 25, 2019 12:04 |
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just_a_person posted:You are right that this is my very first negotiation, and you are probably spot on with your analysis. I think my inexperience combined with my rationalization for the company allowed them to get me for as cheap as possible. I kept thinking in terms of industry average/peer average rather than what I was worth to the company scientifically. It's something I will need to work on and this was an expensive lesson for me. I think my other fear, though, is I had no other real valid offer (contract position was not an option), and if I turned it down, I would continue being a postdoc doing very similar research that I would've been doing in the company setting, but at a much lower pay. I'll keep an eye on the start up CEO and hopefully, he will leave the science to the scientists and won't get too involved. I wouldn’t be surprised if you could shop yourself around either now or in a year and get another 20-50%. If the specific work is worth that to you then cool; congrats on the job.
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# ¿ Aug 29, 2019 20:21 |
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Not a Children posted:Next time put a pie in the sky or "negotiable" or "0" in the field. Often if the form doesn’t accept 0 it will accept 1.
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# ¿ Sep 4, 2019 11:45 |
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What’s the best way to value stock grants from a startup? I had thought everyone moved to RSU’s for the deferred tax liability, but here we are. I mostly understand how to value the scratchers in a vacuum (pretend they’re on fire). But that treatment models the tax liability as a total loss. Not sure if that’s fair.
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# ¿ Sep 12, 2019 08:35 |
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Ultimate Mango posted:I anchored high this week for shits and giggles. Like as much as I could say without laughing high. Still got a hard sell on the company and the stock options (was a pre-revenue startup). I too want to one day "north of a million" with a straight face and without triggering the fear response. First time I had a recruiter say that to me in the range I had to put myself on mute. I didn't make it to an on-site though. Anyone know current rates for senior programmers at post revenue pre ipo startups in SF? I'm expecting an offer to come in, but don't have anything other than levels.fyi and I'm currently in a different market. Probably I'll just ask for 20% over the sticker to end my other calls early.
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# ¿ May 1, 2020 10:15 |
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Motronic posted:Senior 2/IC4/however that company does it should be 170-200 ish. I'd guess Sr/IC3 should be in the 150-180 area for bands. So the HR person let out that I was the best candidate and she would be surprised if I didn't get an offer. Based on her tone, either she's really good at using that as a negotiation tactic, or she's earnestly trying to get ahead of paperwork. Regardless, I have an opportunity to give a number or be a curmudgeon and not give one. The highest base I see from H1B data is 170, with a couple more around 160. I know the results from my interviews were very positive, but I'm not sure whether they're leveling me at IC3 or IC4. Thinking of throwing out 190. Thoughts? This is where the thread regulars tell me not to name a number probably.
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# ¿ May 5, 2020 01:11 |
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Dumb Lowtax posted:Now the question becomes, do I want to put up a job in Hollywood if the norm there is "put everyone in a shell company on 1099's"? That will depend. The issue is billable time and bench time. Also additional tax burden. If you're remote, you can throw in more for co-working space depending on your feelings. Protip: negotiate a weekly rate, not an hourly. Apparently the big boy independent contractors earn their keep by effectively double charging time while delivering expected work to each client (eg you bill a week, but you only needed to allocate 20 hours that week to meet that clients workload). If companies do start doing this, the misclassification lawsuits will be hilarious.
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# ¿ May 26, 2020 13:29 |
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Magnetic North posted:Just had this conversation with my boss. He's afraid of a brain drain because we probably aren't getting raises this year. I told him I was not considering leaving (the truth) but also he should not believe me because I likely wouldn't tell him if I was. That concerned him but he did say that if I decided it was time he would be willing to be a reference. That surprised me a little bit, but we have had a good working relationship thus far, so I don't think he is trying to beguile me here. Most of the places I've been have asked for references. A couple have called them. I've also gotten reference calls for former colleagues.
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# ¿ Feb 4, 2021 23:33 |
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Barudak posted:How do you all figure out what an appropriate for a job salary is?I have an offer from a company who claims they "never do negotiations" and am feeling lowballed for the position. Like when we started talking the salary range floor that was being discussed was 10 grand higher than where we're coming in at now. I have till Friday to do an in person walk through of their offer and I'd rather be well armed before going in and asking for more. levels.fyi Also, "your previously stated floor was significantly higher than this offer" is a lovely point. Maybe append it with "I was hoping to be somewhere in the middle of that range, which was X-Y, and if you can't make that work then I don't see the point in burning more of our time." Then be prepared to walk away.
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# ¿ Feb 10, 2021 14:24 |
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H1b salary data is also public. In my field it tends a bit lower than normal, probably due to the less advantageous negotiating position https://h1bdata.info/
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# ¿ Feb 11, 2021 14:52 |
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TheSpartacus posted:I recently had a corporate recruiter ask me for a salary expectation for a position I'm interested in. It was fun to point out to them that under the Colorado Equal Pay for Equal Work act, they need to provide ME with a range on for job posting. Let's see if my tactic of knowing state law backfires and they just trash my resume instead. In my experience with MA law, it usually just makes them shut up about it. Which is half the goal for me anyway. They absolutely still ask even though the locals probably know they shouldn't. Not like I'm going to sue. MGL c. 149, §§105A-105D Equal pay. Employers may not ask about wage or salary history until after an offer of employment with compensation has been made.
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# ¿ Feb 23, 2021 12:01 |
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KOTEX GOD OF BLOOD posted:Lol they are now trying to offer me a higher level position with better pay. No idea if I'll take it but seriously, none of this would have happened without advice from this thread, you guys rule. Stack paper all day
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# ¿ Feb 25, 2021 19:03 |
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the talent deficit posted:maybe software is different but i vastly prefer external recruiters to internal. the external ones have a way better sense of market value and do a way better job of pitching me jobs i might actually want to do. they're also way more motivated to actually keep the process on rails than internal recruiters. internal recruiters just shotgun me with every opening they got that has a couple keyword matches with my resume because they get paid whether i reply or not Good external recruiters are amazing and can help you develop your career across multiple jobs. Most of them aren't good. Only way I know to find the good ones are personal referrals and just accepting the intro conversations.
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# ¿ May 1, 2021 13:01 |
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Ornery and Hornery posted:That’s a great point. I’m debating if I should wait the rest of the year at my place to likely get the internal promotion position. Or start looking externally now. 18 months is fine.
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# ¿ May 6, 2021 01:36 |
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buglord posted:Despite all odds I’ve made it to the third and final round of the interview. I don’t think I can kick the salary can down the road any longer. They'll always work you down. If you want 60, ask for 65.
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# ¿ May 15, 2021 11:51 |
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BonHair posted:If this happens to you in the EU, or (I think) in an EU based company, it's very much illegal because of GDPR. This is worth knowing in case the company screwed you over, because you get a pretty nuclear option of reporting them, which could lead to solve serious fines. I think this would also apply in most places that copied the GDPR, possibly even California. Selling your salary bands and buying other people's salary bands is illegal? None of the data is at the person level, and they may not know where in the band you are, but HR at bigco absolutely knows the salary bands for level 62 vs 63 at msft or whatever. It's part of how the company ensures they're paying competitively. Or justifying not paying competitively by self-identifying as competing in a lower pay industry.
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# ¿ May 15, 2021 11:58 |
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Guinness posted:Big congrats, another thread success story!
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# ¿ Jun 2, 2021 18:54 |
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Hadlock posted:There's a position, and I found out that an H-1B holder having the position, which means their 2019 salary is public record Anchor higher. If you know the salary bands, start with a number 10% over the top of band. They'll potentially counter at top of band, which sets you up better for earlier promotions. It's also possible they roll over and you get an out of band salary. And if you _do_ know the bands, you don't need to wait for them to say number. You'll never completely screw yourself over with them saying the number first, but you're still limiting how much fat you can take if they're exposing their belly.
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# ¿ Jun 5, 2021 14:44 |
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Owlspiracy posted:thanks for the reply. i know this is probably stupid, but uh, how does this work? they're gonna send me the official offer, and do i reply anbd jsut say 'thank you for the offer,...' Usually you negotiate terms before you get the formal offer letter. But if they just send it there's nothing stopping you from asking for a higher number.
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# ¿ Jun 7, 2021 22:37 |
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Eric the Mauve posted:There's rarely any negotiating an internal transfer. If they think they can get away with no pay increase at all they will, else they'll add maybe 5-10%. I successfully negotiated a lateral internal transfer about six months ago. They originally wanted me in the UK, shifted the role to Austin. Was in SF in prior role. Went from a net drop to a net increase in savings rate despite the salary adjustment.
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# ¿ Jul 10, 2021 12:59 |
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Spikes32 posted:I'm ten years into pharma gmp experience but only 1.5 into this specific lims experience so it's a bit wonky. I'm technically making 77k in San Diego, but after taking on call pay plus bonuses /stock options etc my total pay is about 100k. Spikes32 posted:Appreciate the responses, offer came in at 108, up to 112k to try and get me to say yes today, I told them I'd have a response by the end of the week. Company 2 moved up their interview to tomorrow, and I'm calling company 3 after work to let them know I'll need an offer soon. Let's see how high this can go! Last offer I had in SF was 185 base plus a bunch of RSUs over typical vesting. I don't think I'd deal with SF for much less than that personally. I touch computers not drugs though; not sure what professions that actually require education earn in figgieland.
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# ¿ Jul 20, 2021 08:59 |
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Head Bee Guy posted:Hey thread, I posted here about a month ago seeking guidance on a convoluted offer I got to do operations at a boutique strategy consulting startup as well as managing a property. Isn't this the one where you're coming out net negative and they're trying to get you to do slave labor?
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# ¿ Sep 3, 2021 23:44 |
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FCKGW posted:This is an hourly position but yeah, I’m gonna talk to them on Tuesday. They’re offering $34 but I would like $36-$38. Usually you negotiate with HR. If you ask for 36 they'll probably give you 35 or 34.50. Or say there isn't room Ask for 40.
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# ¿ Sep 4, 2021 16:24 |
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FCKGW posted:Recruiter called me back on my counter offer and we got to a number I'm happy with
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# ¿ Sep 8, 2021 23:49 |
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TheParadigm posted:Speaking of google, this link came across my radar today. Figured the thread might want to see it. Good thing they stopped vowing to not be evil.
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# ¿ Sep 11, 2021 04:41 |
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Shats Basoon posted:Took a job earlier this year which represented a career change (posted about it a bit in the thread). Been in the role for about 6 months now and just got hit up by a recruiter with a similar role that is fully remote. The role didn't have a salary listed so I asked for the band. The recruiter said it runs concurrent with experience and blah blah blah but asked what I was expecting. I don't really have any desire to leave my job for another 9-12 months at the earliest so I threw out a 'gently caress you' number thinking that would be that. Well the recruiter responded back that it was 'no problem' and asked me to fill out an application and they would review and set up a phone interview (should have aimed higher on my f-u number I guess). Well I did and that happened so now I suppose I got to get to practicing interviewing again. I'd feel pretty bad about leaving my current job so quickly and burning the bridge but this role would be a 50% pay bump, at worst, over the current role (100%+ what I was making in March) if the recruiter is to believed. Don't really think I can turn that down if offered with what I know now. If it comes to pass, I'm contemplating taking the offer to the current role and asking for a pay bump, although I've never been a big fan of that move, and I don't see how anything they offer would approach that salary. Yeah you apparently hosed up. Good info to have if you start looking more actively.
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# ¿ Sep 17, 2021 22:47 |
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Happiness Commando posted:I have an offer from Amazon - my first FAANG offer ever. Without any negotiation on my part, it is worth roughly 35% more than my current compensation. I want to ask for more. Help me please: Ask for 15-20% more and accept 0-10% increase in response I guess
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# ¿ Sep 19, 2021 16:03 |
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empty whippet box posted:Not sure if this is the right thread for this but it's the closest I could think of. Talk to a lawyer
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# ¿ Sep 21, 2021 01:39 |
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Jumpsuit posted:It's not related to mat leave or me personally (which would probably make it easier to argue), it's a business wide restructure. Over 200 roles are being removed. University, if that helps. LochNessMonster posted:You might want to first want to tell HR: "either you give me 100% or you can do the rest of the discussion through my lawyer". They might think it's not worth the hassle and just pay you the 15k, which saves you the cost of a lawyer. I'd probably throw in a mention of the labor board, but I'm also sometimes overly hostile is situations like that. Email yourself documentation of agreement from HR to increase hours and the later refusal.
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# ¿ Sep 22, 2021 13:24 |
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Kaiju15 posted:I'm a software developer, unemployed since the beginning of this month. Say you want 120-130. Hope they go up to 110-115. If you'd take their normal offer then maybe fold to air and take that. They very likely won't pull, they'll say they can only do 100-105. E: saying "tell me what you can put together" is also reasonable.
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# ¿ Sep 22, 2021 23:47 |
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Got an offer to come up 50k + 30k sign bonus by acting slightly disinterested in the initial review chat.
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# ¿ Sep 27, 2021 22:10 |
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Hotbod Handsomeface posted:Can I get a gauge on engineering salary? If you can program computers, an entry level role will out earn that. And a senior level role will earn a few multiples of it. Unless you actively want to be in the bay area for non-comp reasons, you're total savings rate will probably be higher in Seattle, Austin, New York, or LA. No idea what chemists make, but levels.fyi is pretty accurate for programmer compensation.
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# ¿ Oct 4, 2021 20:46 |
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Drink and Fight posted:Not sure if this is the right thread for this, but: However you want that makes you feel good and excited about the new place.
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# ¿ Oct 12, 2021 05:08 |
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stump collector posted:drat, maybe I have been asking the wrong questions. Whats the lowest effort way to break into software engineering from electrical engineering Read ctci, practice a bit of leetcode, and be able to communicate cogently to product people. Lowest effort is to say you know a programming language and push easy apply on LinkedIn
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# ¿ Oct 21, 2021 03:55 |
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Xguard86 posted:With inflation and COL in Austin 10 years ago ... is that such a raw deal? Honestly asking. Based on an inflation calculator, sounds like that'd be roughly 160k base now, which doesn't sound too far off?
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# ¿ Oct 21, 2021 23:12 |
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foutre posted:I got a new grad offer from the company I worked at last summer, which I would like to go back to. Games will basically never pay the FAANG rates. Historically, my offers in mobile games have been more competitive than the ones from AAA console stuff. But I've also been in GaaS my whole career. Avoid going into specifics. Explaining why you want number just gives people an out to not give you number. If I was given 100 and wanted 110, I'd ask for 120.
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# ¿ Oct 27, 2021 06:39 |
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Hadlock posted:Does anyone have experience negotiating executive pay, particularly at a fortune ranked company I'd have to ask people I know who've already moved into executive roles at large orgs. Not sure how many of those we have in the thread. I'd assume stock grants are a significant portion of pay that you haven't listed?
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# ¿ Oct 27, 2021 13:36 |
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# ¿ May 9, 2024 13:10 |
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foutre posted:Did exactly this: Another thread success. Congrats!
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# ¿ Oct 27, 2021 23:51 |