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I have two questions, but first: shoutout to this thread for giving me the courage to negotiate in the past. I’ve had a 100% success rate negotiating so far. It’s kinda incredible to have companies interested in my skills and offer nice benefits and fully remote work. Thanks for helping me crawl out of the family poverty ditch! I’m mid-interviewing with a company that seems deeply interested in my skillset right now (in this economy, no less, holy poo poo), and barring unexpected circumstances, I think I’ll get an offer. At the very least, it has me thinking about how I’d handle an offer. 1. When a startup that’s survived for almost 10 years gives you an offer on the high end of a salary range, what’s the protocol for negotiating? Since I kept talking after I heard the range, I’m thinking I can’t push past the cap. It’s a great range for me (15-35% over my last job), but I want to get what I can. 2. I have yet to work somewhere that has given me a raise since retail, and I’m tired of it. Is it possible to lean on a company during the offer period to provide a clear path to salary revaluation? Even something to secure yearly cost of living increases would make a difference. I can’t tell what’s appropriate to ask for here.
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Mar 23, 2024 01:53
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| # ¿ May 2, 2024 05:57 |
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Thanks everyone—and yep, I’m in UX! My instincts on how to approach it were correct, but I didn’t want to undersell myself on accident. I’ll ask them about their CoL/merit process. I’ll keep their equity offer in mind, too.
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Mar 23, 2024 04:00
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The role I was pretty deep on ended up being a flop, which is sad but not unexpected in the current market. That being said, while I’m here, how do I best understand what to expect or ask for in terms of equity with start ups? I really only know the bare minimum (you know: equity becomes cash someday, in theory). When a start up offers X equity amount, I have no way to tell what my reaction should be, especially if it comes at the cost of reasonable salary. This might be a big or nonsense question, so I can clarify if needed.
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Mar 27, 2024 17:04
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silvergoose posted:No, it's actually a very easy question. Treat them as lottery tickets and mostly worth nothing whatsoever. Don't sacrifice salary for them ever. Lockback posted:I think they're asking what should you expect. I disagree that you should consider them worthless, they don't replace salary and they shouldn't be "counted on" but they should be looked at as part of the equation and shouldn't be looked at like a throwaway. Edit: Also marumaru posted:based on the % of startups that ever actually amount to anything nah i do consider equity basically worthless. Both (Edit: All three of) of these perspectives help me, honestly—thanks! I think I lost some face with my last company when I asked them about CoL pay for everyone as opposed to die hard belief in the future of the product by accepting more equity. I imagine most companies do offer roughly the same package for employees barring the upper echelon. I’ll keep dropping apps with start ups, since I have experience in that environment. Final edit: As it stands, I value income above equity by default, because I gotta pay the bills now and save for situations like this one where I’m laid off and stuck. I’ll just keep it in mind that it’s more a weird gamble bonus and not to be accounted for in salary calculations. broken pixel fucked around with this message at 09:23 on Mar 28, 2024 |
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Mar 28, 2024 09:20
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I mean, poo poo, the reality is I wanted to bail at 3 years on the previous company, but the structure of the startup shifted too much to accommodate things like “design.” I’d much rather end up in the middle of a large corporate mass in the long run, but now I’m stuck at 2 years experience, just under expectations for most large company roles. Not like that’s stopped me from applying to 3+ years experience jobs, but still. Sorry about derailing the negotiations thread, oops
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Mar 28, 2024 19:34
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I spoke with a company today looking for a part-time UX Design contractor, and I've sent over an initial rate of $60/hour (number I reached after considering my previous salary and comparing to other contract rates on the market right now). I'm ready to accept $55/hour, but if they want to go lower, I'm torn on saying no. I know I should, but I both need the money and the portfolio boost. Also fighting the demon in my head that says I went too high with $60/hour, but I'm reminding myself that a reasonable company will come to the table with good faith. My worst case scenario right now is working for a gas station chain, which I'm not thrilled about (gently caress yeah retail/food service combo job), but money AND insurance would be very nice while I hunt for a permanent role. Hopefully they respond by end of day, and I can move forward knowing I'm temporarily but gainfully employed!
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Apr 10, 2024 20:04
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Lockback posted:Thats an absurdly low contractor rate It's extremely on par with every contract rate I've seen for similar roles, experience, and expectations, but if there's a good resource for citing contract rates, I'm all for it. Considering this is a short contract, I can set up better rates in future negotiations. Hadlock posted:Are you working in the UK or eastern europe? I'm in the U.S. Valid point on any counter offer—I will do that. KYOON GRIFFEY JR posted:do you at least have a LLC set up? Nah, I wouldn't expect insurance from a 1099 contract. I've budgeted through everything for now and I should be clear, even if the rate is considered low nationally. Cost of living here is, uh... rock bottom.
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Apr 10, 2024 20:34
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| # ¿ May 2, 2024 05:57 |
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Beefeater1980 posted:I have been hiring permanently since joining my new role. Last year I hired a team of 5 up to 8, then once I filled my headcount I was given another set of problems to fix and told to hire a larger team to go fix it. I’m now being threatened with another set of interesting(tm) problems to fix. This is a good post. Thanks for sharing!
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Apr 19, 2024 07:47
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