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JohnnyPalace posted:I'm pretty sure mine qualifies as a bad match, but it's better than nothing. My company matches 30% of my contribution, up to a 10% contribution. Meaning if I contribute 10% of my salary, they throw in an additional 3%. I am not fully vested in the employer contribution until I have seven years of service. And there is a decent amount of turnover in the first five years. So for most employees, they aren't really contributing anything for the match. Yeah that's on the poo poo side of matches. A 'good' match would be 1:1 matching up to say 5 or 6% and a very short vesting period. My last company took two years to vest and had 1:1 matching up to 5%, my current one has no vesting period and matches up to 6%. These are rrsp matching programs in Canada but they're very similar to a 401k
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Feb 11, 2017 19:34
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Caustic posted:Thanks to this thread, I managed to NOT reveal my salary requirements for an initial call with a recruiter. I held firm until the recruiter eventually revealed their own target salary number. I told the recruiter I wanted to learn more about the position before I talked more about salary. Since then I've been proceeding along in the interview process with the hiring manager and have inside word that I'm a top candidate and am pretty sure an offer is forthcoming. Don't anchor yourself to your current salary. State what you think you're worth in the new role, and leave some room to get negotiated down and still end up above your reserve / walk away number.
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Feb 16, 2017 00:17
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There's nothing at all wrong with keeping it in your pocket. If you think you are very well positioned based on your initial interview you can bring up that you have an offer for a competing position and could whoever give you a timeline. Actually showing them the offer probably doesn't help you as you've described it as a weak offer. Unfortunately for a lot of companies they can't accelerate hiring decisions for a lot of jobs but doesn't hurt to try.
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Feb 28, 2017 22:26
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IllegallySober posted:Those are certainly some interesting business practices Jesus, that's some bonkers employee relations shame on an IGA posted:Welcome to the rural south where all business relationships are modeled on domestic abuse dynamics Well, if it's an area where there's low employment anyone with a job is much more likely to just suck it up but that's a stretch even for that kind of market.
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Mar 28, 2017 03:45
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Gin_Rummy posted:Alright, the vacation non-issue has been officially resolved and I accepted their offer! Now, can anyone recommend the best time to give my current employer notice? Am I in the clear now? Should I wait for the drug test/background check to clear? I'm not expecting any issues with either, but you never know... Wait for all background checks and other contingent items. Your offer is not firm until that stuff is all done.
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Mar 29, 2017 22:29
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Gin_Rummy posted:I asked if I could wait for the background check to clear, but they told me that my current employer would be contacted through the background check... So how do I handle that? Never been in this situation before Who does their background check company intend to call? Your boss or whatever random hr flunky?
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Mar 29, 2017 22:40
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Dwight Eisenhower posted:Every body shop does this; I spent 2010-2016 consulting & receiving a salary roughly ~1/3rd the hourly rate I was billed out at. That does account for vacation time, but doesn't account for bennies. Having done this for a while I was pretty happy to go back to a salary, mind you I got more than the hourly rate I had been billing as salary plus bonus and options. I've described it previously but my batna was not continuing consulting, it was a job that paid even more but required a move so I was negotiating from a position of relative strength. I've since had a 6% raise and now sit on the committee designing our performance comp plan, which we are implementing in favour of a much lower although somewhat less risky bonus setup. Life is good 
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Apr 13, 2017 22:37
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I would disagree - you can argue that you should capture a bigger portion of your bill rate as you become more valuable to the firm, and it can certainly be a point of negotiation. You just aren't going to be very successful if you're at one of the top firms.
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Apr 15, 2017 01:34
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I would add that what you can get depends on the industry. For example, if contingent comp is common you can often get paid anything you're "leaving behind" if someone wants to poach you from somewhere. E: for example, let's say half of your bonus each year vests over 3 years. Some industries do this to try to decrease churn, so if you had, say $100k that hadn't vested yet then the company you are moving to could often be expected to pay you all or most of that amount to ease the pain of leaving it behind. Kalenn Istarion fucked around with this message at 01:25 on May 7, 2017 |
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May 7, 2017 01:22
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Goodpancakes posted:Just had a pretty killer interview for a new job. Wooo. I am writing a thank you email now along with references and a writing sample they requested. That can give them a lot of leverage to tell them you have to leave the state. You can communicate the timeline but be careful about why.
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Aug 5, 2017 16:31
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zynga dot com posted:Does anyone have any good resources for estimating your fully-loaded total comp? I’m considering an offer to give up a W-2 position for an hourly 1099 partnership, and I want to make sure I’m doing the math correctly. I dont have the hard data but you should be aiming to bill at least double what you want to make per hour to account for benefits, vacation and possible downtime as a consultant.
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Nov 22, 2017 17:09
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