How to respond to a direct ask of salary earned and expectations?
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What is the best way to fill out an application form for a role with an unspecified salary expectation where the following questions are mandatory to complete in a pre-interview form:
- What is your current salary?
- What salary level are you looking for with regard to this position?
I am wary of entering a specific figure as I know from Game Theory that the first person to mention an exact figure will typically lose, but am a little concerned that entering something vague such as âÂÂnegotiableâÂÂ, or even ã0 will make me look flippant.
The role in question isnâÂÂt through a recruiter (who I would be happy to know my expectations and current salary), but rather direct with a company, and as the role in question has no salary expectation listed I am unsure of how to gauge this!
salary recruitment interview
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up vote
71
down vote
favorite
What is the best way to fill out an application form for a role with an unspecified salary expectation where the following questions are mandatory to complete in a pre-interview form:
- What is your current salary?
- What salary level are you looking for with regard to this position?
I am wary of entering a specific figure as I know from Game Theory that the first person to mention an exact figure will typically lose, but am a little concerned that entering something vague such as âÂÂnegotiableâÂÂ, or even ã0 will make me look flippant.
The role in question isnâÂÂt through a recruiter (who I would be happy to know my expectations and current salary), but rather direct with a company, and as the role in question has no salary expectation listed I am unsure of how to gauge this!
salary recruitment interview
10
Read this - kalzumeus.com/2012/01/23/salary-negotiation
â Elysian Fieldsâ¦
Nov 6 '12 at 15:40
3
Please consider if this question is a duplicate of Does the first person to mention a number in a salary negotiation lose?
â jcmeloni
Nov 6 '12 at 17:15
2
@jcmeloni I think the difference between my question and that one is that my focus is more on an impersonal form, rather than a conversation where negotiating can be conducted
â Dibstar
Nov 7 '12 at 8:50
See also: How can I determine a reasonable salary to ask for? Knowing what you're worth is half the battle.
â Dukeling
Nov 15 '17 at 5:06
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up vote
71
down vote
favorite
up vote
71
down vote
favorite
What is the best way to fill out an application form for a role with an unspecified salary expectation where the following questions are mandatory to complete in a pre-interview form:
- What is your current salary?
- What salary level are you looking for with regard to this position?
I am wary of entering a specific figure as I know from Game Theory that the first person to mention an exact figure will typically lose, but am a little concerned that entering something vague such as âÂÂnegotiableâÂÂ, or even ã0 will make me look flippant.
The role in question isnâÂÂt through a recruiter (who I would be happy to know my expectations and current salary), but rather direct with a company, and as the role in question has no salary expectation listed I am unsure of how to gauge this!
salary recruitment interview
What is the best way to fill out an application form for a role with an unspecified salary expectation where the following questions are mandatory to complete in a pre-interview form:
- What is your current salary?
- What salary level are you looking for with regard to this position?
I am wary of entering a specific figure as I know from Game Theory that the first person to mention an exact figure will typically lose, but am a little concerned that entering something vague such as âÂÂnegotiableâÂÂ, or even ã0 will make me look flippant.
The role in question isnâÂÂt through a recruiter (who I would be happy to know my expectations and current salary), but rather direct with a company, and as the role in question has no salary expectation listed I am unsure of how to gauge this!
salary recruitment interview
asked Nov 6 '12 at 13:30
Dibstar
3,27841741
3,27841741
10
Read this - kalzumeus.com/2012/01/23/salary-negotiation
â Elysian Fieldsâ¦
Nov 6 '12 at 15:40
3
Please consider if this question is a duplicate of Does the first person to mention a number in a salary negotiation lose?
â jcmeloni
Nov 6 '12 at 17:15
2
@jcmeloni I think the difference between my question and that one is that my focus is more on an impersonal form, rather than a conversation where negotiating can be conducted
â Dibstar
Nov 7 '12 at 8:50
See also: How can I determine a reasonable salary to ask for? Knowing what you're worth is half the battle.
â Dukeling
Nov 15 '17 at 5:06
add a comment |Â
10
Read this - kalzumeus.com/2012/01/23/salary-negotiation
â Elysian Fieldsâ¦
Nov 6 '12 at 15:40
3
Please consider if this question is a duplicate of Does the first person to mention a number in a salary negotiation lose?
â jcmeloni
Nov 6 '12 at 17:15
2
@jcmeloni I think the difference between my question and that one is that my focus is more on an impersonal form, rather than a conversation where negotiating can be conducted
â Dibstar
Nov 7 '12 at 8:50
See also: How can I determine a reasonable salary to ask for? Knowing what you're worth is half the battle.
â Dukeling
Nov 15 '17 at 5:06
10
10
Read this - kalzumeus.com/2012/01/23/salary-negotiation
â Elysian Fieldsâ¦
Nov 6 '12 at 15:40
Read this - kalzumeus.com/2012/01/23/salary-negotiation
â Elysian Fieldsâ¦
Nov 6 '12 at 15:40
3
3
Please consider if this question is a duplicate of Does the first person to mention a number in a salary negotiation lose?
â jcmeloni
Nov 6 '12 at 17:15
Please consider if this question is a duplicate of Does the first person to mention a number in a salary negotiation lose?
â jcmeloni
Nov 6 '12 at 17:15
2
2
@jcmeloni I think the difference between my question and that one is that my focus is more on an impersonal form, rather than a conversation where negotiating can be conducted
â Dibstar
Nov 7 '12 at 8:50
@jcmeloni I think the difference between my question and that one is that my focus is more on an impersonal form, rather than a conversation where negotiating can be conducted
â Dibstar
Nov 7 '12 at 8:50
See also: How can I determine a reasonable salary to ask for? Knowing what you're worth is half the battle.
â Dukeling
Nov 15 '17 at 5:06
See also: How can I determine a reasonable salary to ask for? Knowing what you're worth is half the battle.
â Dukeling
Nov 15 '17 at 5:06
add a comment |Â
10 Answers
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I'm not sure Game Theory applies here. You're all acting (effectively) simultaneously and there isn't a scenario that's negative for everybody.
I think you've got to look at it from the company's point of view. They're looking to save themselves time interviewing someone who is completely out of their budget. Previous salary is a good guide to how negotiable your expectations are likely to be.
My advice: Just be honest. You also don't want to waste your time with a company who's not even in the same ballpark as you. If you're worried about under-bidding and being stuck with less than they would have offered then aim a little high, but not much more than you think you'd be worth elsewhere.
They'll know they can turn around, at the start of the process, and say "Sorry but we're only willing to pay $X,000, are you willing to come down to that?" if they're interested enough.
9
The potentially negative scenario is I say I want X and my current salary is 80% of X. By admitting my salary is lower they may well undercut their offer, whereas if they believed my salary was already X the offer might differ
â Dibstar
Nov 6 '12 at 14:34
2
@Davin: Lying about current salary is a dangerous game. If you're worth X then you should stand your ground. Of course they'll TRY to negotiate, and you should remember that they are always more experienced at negotiating than you. But if you're worth it TO THEM then they'll pay. If you're not then either you have to go elsewhere or you have to lower your expectations.
â pdr
Nov 6 '12 at 14:39
2
@KeithS I agree that proving my worth is a given, but how do you do this at the very initial stages of an application? I feel I interview well and can market myself when face to face, but proving you're worth X on a barebones application form can be a little daunting!
â Dibstar
Nov 7 '12 at 8:48
1
@Davin - My point is that's not where you do so. Ask for the salary you think you deserve on the application, and defend it in the interview.
â KeithS
Nov 7 '12 at 14:49
2
@Dibstar As someone who hires, I ask past salary to try and get a rough guestimate what you probably want to be paid. (which is typically 10 - 20% more than what you make now), that said I don't actually care what you're making now. I care what you're going to cost me. I've actually hired someone at over 125% their salary prior to when I hired them. (Admittedly it was an unusual case, but point stands. You tell me what you'll cost me, I let you know what I want to pay you, we either find middle ground or we don't.)
â RualStorge
Jan 23 '15 at 22:33
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Setup
You don't have a maximum salary that you want, but you have a minimum.
The company has both a minimum and a maximum. I argue that when a candiate's ask is too low this is a flag that something is wrong with them.
Analysis
So there are 3 possible scenarios with asymetric information; nobody knows the true scenario from the beginning of the negotiation:
1) Company Min <= Your Min <= Company Max
This means you can work here. Whoever names a number first is likely to form a ceiling or a floor, but both parties are aware of that fact. It's just a question of who goes first.
2) Your Min <= Company Min <= Company Max
Typically happens for underqualified candidates.
You can work here if you fool them. The only way for that to happen is if you get them to name their minimum (or maximum, and infer the minimum from it) and realize that your ask is too low. If you name your true Min first, you lose the 'game'.
3) Company Min <= Company Max <= Your Min
You can never work here. The best thing is for you to say "My expectation is X" and they will say "Sorry, we can't do that", but at this point the ball is in your court to accept a potential counter-offer.
CONCLUSION
There is a number of over-simplifications here but: in your original question you assume that you land in #1. I just want to illustrate that this may not be the case. And if it's not, you DO want to name the salary you want first but you want to lie about your actual expectation to make the number higher.
Ceteris paribus, from the company's perspective a confident candidate that asks for a very high rate right away (#3) will trigger a reaction of "Damn, probably good but we can't afford her." Like the people who negotiate cars down from artificially high prices, they will feel good in the tommy if they manage to get that candidate down to a lower rate and hire her.
I advise to name your expected salary first, but err on the side of being too expensive. They will never outright reject you if you are worth your beans. If they like you, they will counter-offer, but you will never end up being under-paid and sometimes you will be pleasantly surprised when your higher ask is met. The downside is that you will miss out on some lower-paid job opportunities - I think we can all live with that.
2
The breakdown of options definitely makes things clearer, and the 'high value goods' approach to self-marketing sounds like it makes a lot of sense :)
â Dibstar
Nov 7 '12 at 8:38
I disagree with this, as per my question linked here. I've often proved myself to be highly valued by a hiring manager, but then been outright rejected based on my current base salary. I usually am not even asked if I would be willing to lower my salary in exchange for other perks. If you are extremely good at your current job, and you have an extremely high salary because of this, sometimes places will just reject you, even if you ace their tech assessments.
â ely
Jan 29 '14 at 15:26
2
"You don't have a maximum salary" - yes you do in practice, definitely. If you're making 90k currently, one week in a 250k job in the same geographic area will make you feel completely overrun by the expectations and the responsibilities - the same way a company does not have a minimum in theory, but definitely has in practice
â Jivan
Jan 23 '15 at 14:59
Never tell them your minimum, or anything close to it. Presenting a minimum says "if you're going to offer this, I'll accept and be content", so why would they offer more? If you're going to present an expected salary, I'd recommend leaning towards the maximum you think they'd be willing to pay (for you specifically), or slightly above (if you're happy potentially risking the offer for a higher salary) or slightly below (if you don't want to risk being seen as too expensive). The number you say is extremely unlikely to go up during negotiations.
â Dukeling
Nov 1 '17 at 18:14
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Very often, your current salary can be an irrelevant fact, but it can still serve as a baseline, for the company to make you an offer.
I had taken up a government job, which was paying way below market level. I had taken it up, because I was getting burnt out in the corporate sector. When I decided to come back, and start applying, I always answered is as follows:
Present Salary: It is X, but the number is irrelevant because of the following reasons:
- It was a government job.
- It was in a small town with a way lower cost of living.
- Candidates with my level of experience normal earn about Y (which is a good deal, about 60% more than X).
No company had a problem with that, and no one offered me less than 20% more than Y
Sounds a bit defensive to me.
â Fernando
Nov 6 '12 at 20:04
1
There are certain situations when you have to be defensive. This was one such situation; It might not be applicable to the OP though.
â Devdatta Tengshe
Nov 7 '12 at 3:16
1
@Devdatta I would agree with Fernando that this seems a little defensive, but it's good to see that this approach can be used for larger differentials than I am seeking!
â Dibstar
Nov 7 '12 at 8:29
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First, realize that Game Theory is a model for human behavior, and it assumes a certain set of conditions in order to make the situation an absolute.
I thought the top answer here was pretty relevant. It boils down to knowing your position and the market and making the request accordingly.
Keep in mind that when you are asked for a salary range as early as the application process, that you are a long way away from the actual negotiation process. At this point, the numbers are as much about making sure that you and the company are not wildly divergent in your expectations as it is about what you may negotiate in the future. After all, you haven't heard much about the job, nor have they heard much about your skills. The whole interview process is ahead of you and mostly they don't want to waste time only to find out that your expectations are literally double their budget.
I'd say, don't get cute. If you feel you are grossly underpaid, then go with a salary that you feel is fair and modest increase. Otherwise, state your current salary and a reasonable increase and assume you can adjust it later. But figure that the person who looks at this data is NOT your hiring manager, and mostly you want to give the right details to get back the basic, background threshold and into the real question of whether or not you and this job are good for each other.
I agree with the link as well. Positional Bargaining can be a win-lose scenario. One person always feels like they had accept the other terms. Learning ways to avoid positional bargaining take time and practice.
â Craig Nicholson
Nov 6 '12 at 16:58
I hadn't really considered that the initial discussions aren't typically with the hiring manager, and agree that being cute is not a viable way forward.
â Dibstar
Nov 7 '12 at 8:28
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Your current salary is, of course, confidential, and you only have to give that information at your own discretion. Still, I agree, it's difficult to fill in a form that asks it directly. I'd suggest you add a note saying you are willing to give a salary indication once they make contact personally.
When you are able to speak to them, either on the telephone, or face to face, it's perfectly reasonable to avoid discussing your present salary. Their "need to know" dictates only that you are prepared to indicate the salary you are looking for. You could say: "I'm looking for a position with a salary in the range between X and Y, although of course, we'd need to discuss the details of the package at a later stage."
2
I think this answer captures the essence of my question well - my current approach is to defer to a face to face discussion wherever possible, but some employers make it mandatory for a figure to be put right at the start of the process which I think is somewhat counter productive!
â Dibstar
Nov 7 '12 at 8:30
I would be happy to put the salary expected on the form but not what I currently earn, personally.
â Fiona - myaccessible.website
Apr 8 '14 at 9:04
I'm usually very reluctant to say how much I earn, and that's because companies really don't need to know that. At best they're gathering market data at my expense?
â Fabio
Jul 30 '16 at 9:19
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- Find out what the job typically pays for the location you are interviewing. Years Experience. Skill Level, etc... Tools like Salary.Com or GlassDoor can help.
- A smaller company with fun smart people might pay the average salary where a larger corporate might pay over the average.
- If asked outright you could just say "Typically salaries are between X and Y, and I'm looking for fair compensation."
How should I get around the issue of not stating my current salary though? I am wary as I am looking for around 20% increase (as my research suggests that's what I should be on), and if stating the raw figures some employers may well dismiss me instantly
â Dibstar
Nov 6 '12 at 14:37
@Davin I was in the same position once because the company I worked for was good at negotiating salaries and I was not. So I got hired below market rate without doing any kind of research on what I should have been paid. If asked about your current salary I would first ask what the salary range is for the job first. If they just repeat the question back to you I would state "I'm looking to be compensated fairly and I feel that a salary of X is what I would need. My current Salary is X at YCompany. <We never ask someone what their current salary is at the current employer during interviews>
â Craig Nicholson
Nov 6 '12 at 16:41
2
Also, a 20% increase from one job to the next can be standard for programmers. The Hiring manager can view this as a win since he knows a 20% increase or more will be greatly appreciated by you. If I find a solid programmer who is underpaid by a company we will recruit them.
â Craig Nicholson
Nov 6 '12 at 16:49
I think the 20% analogy is a good one, but I am little concerned about getting through the initial stages (as I interview quite well), as I feel that some employers will have the attitude of "Candidate X gets paid 100 and Candidate Y gets paid 80 so candidate X must be better so let's only interview them"
â Dibstar
Nov 7 '12 at 8:36
1
We interview everyone who passes the phone screen. If the company is going to pick the least costly resource, maybe you should work somewhere else. We always pick best candidate. I would focus on getting the job and then discuss salary with the company. Once, a person I was interviewing said they wanted a salary of 150K for a Network Admin position. During that time the market rate was 75K. I just told them 75K was the max for us.
â Craig Nicholson
Nov 7 '12 at 13:34
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I'm assuming your biggest concern being too low. Unless this is a giant step up the corporate ladder, you may not be in a position to ask for much more than you're making now. That really depends on your current circumstances, location, etc.
If you ask for a salary lower than what they planned on offering (most companies have a fairly tight salary range for most positions before they even post), here are some possible outcomes:
- They keep lower their offer to your level. You've left money on the table you never knew was there.
- They maintain their higher offer in hopes it will make you want the position even more.
- If your request is not a competitive rate, they may think less of you because you either don't know how to value yourself, do a little research or are just afraid to ask. I doubt this happens often and if it does, you wouldn't want to work there anyway.
Look into the company. Many will post a general list of their benefits. If those are competitive and it's an established company, their salaries are probably above average.
Most of all, you need to decide what you want out of a salary and go from there. If you discover the job has excessive requirements like: being on call, travel, weekends, over-time, you can always ask for more.
I wouldn't say I am looking for a major step up, but I do feel that for the effort of changing jobs (as I don't hate where I am now) there needs to be quite a bump in salary (as well as responsibility). And naturally, avoiding scenario 1 is the key aim in this process!
â Dibstar
Nov 7 '12 at 8:40
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Who will care if you don't get an interview? If you'd be sad and they wouldn't, then that's the reason you lose the negotiation. Not because you mentioned a number first, but because you need them more than they need you.
If your relationship to the company was symmetrical, then when they say "how much are you currently paid?", you could ask questions like, "how much did you pay the guy I'm replacing in this role?" or "how much on average do you hire people for at this level in the organisation?"
They won't tell you those things. You don't have to tell them your current salary, but they might not interview you if you don't. So you just have to decide what's most likely to get you a job you want. If you think the prospective employer will, with tiresome predictability, make you an offer that's a tiny bit over your current salary and not worth moving for, then you know you're going to turn them down eventually so get it over with now and let them not interview you. Apply instead to employers who don't demand this information.
Ultimately if they stick to their guns, you either have to agree to their terms or give up. And if you stick to your guns, they either have to agree to your terms or give up.
What you put in those boxes will anchor their offer. But it's not certain whether that's a win for you or a loss. The big fear is that because your current salary is low, mentioning it anchors them low. And your current salary is fairly likely to be low or low-ish: you are after all looking for a new job.
Suppose you say you currently make $40k, you tell them this and you tell them you expect $80k. You secretly know your real bottom-dollar: that you will not (for whatever reason) move for less than $60k. Then either they offer you $60-80k or else they don't get you. Let's say they anchor on the $40k, offer you $50k, and demand to know why you love your current job so much. Maybe you end up walking away from a bad offer, but you haven't "lost". It might have been better all around if they hadn't forced you to reveal the $40k, because then you could both have agreed $60k, but that wasn't possible by their choice.
The second fear is that your expected salary is too low. Let's say they'd be willing to pay $100k and you say you expect $80k, you're very unlikely to get more than $80k out of them. It's actually absurd of them to treat your expectations, before you know more about the job, as an offer, but some will anyway.
The final fear is that your expected salary is too high and they figure you're not worth interviewing, and not even worth telling that they'd love to interview you if your expectations were lower.
To avoid those problems the ideal number to say for your expected salary, is right about the maximum they're willing to pay for the role or a little higher. So if you know the market fairly well there's no loss in saying a number first, because the number you say is the right number. The danger is saying the wrong number. So you can either play their game, make it past interview to the real negotiation, and ask for a salary you're happy with. Or you can call them out, refuse to answer, and see whether they're bluffing. It's just a matter of how much you need them.
Finally, if you consider it a game-theoretical fact that whoever mentions a number first in any negotiation is the loser, then consider whether used car salesmen therefore "always lose" because there's a price displayed on every car on the lot. And if used car salesmen always lose at negotiation, does that mean used car buyers always win at negotiation? So why do car salesmen keep doing it? You're not selling used cars, but you are selling something, so any argument that claims you shouldn't say a number first is pure baloney unless it specifically and convincingly explains what the significant difference is between you and a used car salesman. If the difference is about knowing the market value, then what that says is playing games with boxes on forms is only the second most valuable thing you can do. The most valuable is to find out your market value and demand it.
I'm surprised how commonplace this "lose if you say the first number" theory is. As far as I can tell, there's no basis in any scientific studies of bargaining or behavioral finance. On the contrary, there is plentiful evidence that the first number has an anchoring effect, as you suggest.
â Chan-Ho Suh
Sep 26 '15 at 18:59
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It seems like you have three options....
- List actual salary
- List adjusted salary including the value of benefits
- Fill in zero or leave blank (if possible with a note explaining you'd prefer to discuss salary in person, care not to diclose, etc)
There are pros and cons to each option, the point is to find a way to be somehow truthful while presenting yourself in the best light, and balancing the downsides to which choice you make.
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Just to add something here - never mention your salary. Instead, mention your total compensation.
Let's assume your salary is ã30,000.
Your employer also gives you
- 15% on target bonus (ã4,500)
- 10% pension (another ã3,000)
- Healthcare (worth ã1,500)
- Discount gym membership (call it ã600)
- Travel loan (saves you ã100)
- etc etc.
All of a sudden, your total compensation is worth ã40,000!
With your new job, the salary may be higher, but they don't offer health insurance or gym membership - in that case, is it still worth taking the job?
Mention to the recruiter the total package - and explain that you'd want X% more. That could be via salary, bonus, company car, etc.
If you decide to discuss current remuneration this is the best strategy, but make clear this is total compensation, don't call it your current salary - don't lie to a potential employer
â mattumotu
Jun 15 at 10:22
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10 Answers
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10 Answers
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active
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up vote
36
down vote
accepted
I'm not sure Game Theory applies here. You're all acting (effectively) simultaneously and there isn't a scenario that's negative for everybody.
I think you've got to look at it from the company's point of view. They're looking to save themselves time interviewing someone who is completely out of their budget. Previous salary is a good guide to how negotiable your expectations are likely to be.
My advice: Just be honest. You also don't want to waste your time with a company who's not even in the same ballpark as you. If you're worried about under-bidding and being stuck with less than they would have offered then aim a little high, but not much more than you think you'd be worth elsewhere.
They'll know they can turn around, at the start of the process, and say "Sorry but we're only willing to pay $X,000, are you willing to come down to that?" if they're interested enough.
9
The potentially negative scenario is I say I want X and my current salary is 80% of X. By admitting my salary is lower they may well undercut their offer, whereas if they believed my salary was already X the offer might differ
â Dibstar
Nov 6 '12 at 14:34
2
@Davin: Lying about current salary is a dangerous game. If you're worth X then you should stand your ground. Of course they'll TRY to negotiate, and you should remember that they are always more experienced at negotiating than you. But if you're worth it TO THEM then they'll pay. If you're not then either you have to go elsewhere or you have to lower your expectations.
â pdr
Nov 6 '12 at 14:39
2
@KeithS I agree that proving my worth is a given, but how do you do this at the very initial stages of an application? I feel I interview well and can market myself when face to face, but proving you're worth X on a barebones application form can be a little daunting!
â Dibstar
Nov 7 '12 at 8:48
1
@Davin - My point is that's not where you do so. Ask for the salary you think you deserve on the application, and defend it in the interview.
â KeithS
Nov 7 '12 at 14:49
2
@Dibstar As someone who hires, I ask past salary to try and get a rough guestimate what you probably want to be paid. (which is typically 10 - 20% more than what you make now), that said I don't actually care what you're making now. I care what you're going to cost me. I've actually hired someone at over 125% their salary prior to when I hired them. (Admittedly it was an unusual case, but point stands. You tell me what you'll cost me, I let you know what I want to pay you, we either find middle ground or we don't.)
â RualStorge
Jan 23 '15 at 22:33
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show 4 more comments
up vote
36
down vote
accepted
I'm not sure Game Theory applies here. You're all acting (effectively) simultaneously and there isn't a scenario that's negative for everybody.
I think you've got to look at it from the company's point of view. They're looking to save themselves time interviewing someone who is completely out of their budget. Previous salary is a good guide to how negotiable your expectations are likely to be.
My advice: Just be honest. You also don't want to waste your time with a company who's not even in the same ballpark as you. If you're worried about under-bidding and being stuck with less than they would have offered then aim a little high, but not much more than you think you'd be worth elsewhere.
They'll know they can turn around, at the start of the process, and say "Sorry but we're only willing to pay $X,000, are you willing to come down to that?" if they're interested enough.
9
The potentially negative scenario is I say I want X and my current salary is 80% of X. By admitting my salary is lower they may well undercut their offer, whereas if they believed my salary was already X the offer might differ
â Dibstar
Nov 6 '12 at 14:34
2
@Davin: Lying about current salary is a dangerous game. If you're worth X then you should stand your ground. Of course they'll TRY to negotiate, and you should remember that they are always more experienced at negotiating than you. But if you're worth it TO THEM then they'll pay. If you're not then either you have to go elsewhere or you have to lower your expectations.
â pdr
Nov 6 '12 at 14:39
2
@KeithS I agree that proving my worth is a given, but how do you do this at the very initial stages of an application? I feel I interview well and can market myself when face to face, but proving you're worth X on a barebones application form can be a little daunting!
â Dibstar
Nov 7 '12 at 8:48
1
@Davin - My point is that's not where you do so. Ask for the salary you think you deserve on the application, and defend it in the interview.
â KeithS
Nov 7 '12 at 14:49
2
@Dibstar As someone who hires, I ask past salary to try and get a rough guestimate what you probably want to be paid. (which is typically 10 - 20% more than what you make now), that said I don't actually care what you're making now. I care what you're going to cost me. I've actually hired someone at over 125% their salary prior to when I hired them. (Admittedly it was an unusual case, but point stands. You tell me what you'll cost me, I let you know what I want to pay you, we either find middle ground or we don't.)
â RualStorge
Jan 23 '15 at 22:33
 |Â
show 4 more comments
up vote
36
down vote
accepted
up vote
36
down vote
accepted
I'm not sure Game Theory applies here. You're all acting (effectively) simultaneously and there isn't a scenario that's negative for everybody.
I think you've got to look at it from the company's point of view. They're looking to save themselves time interviewing someone who is completely out of their budget. Previous salary is a good guide to how negotiable your expectations are likely to be.
My advice: Just be honest. You also don't want to waste your time with a company who's not even in the same ballpark as you. If you're worried about under-bidding and being stuck with less than they would have offered then aim a little high, but not much more than you think you'd be worth elsewhere.
They'll know they can turn around, at the start of the process, and say "Sorry but we're only willing to pay $X,000, are you willing to come down to that?" if they're interested enough.
I'm not sure Game Theory applies here. You're all acting (effectively) simultaneously and there isn't a scenario that's negative for everybody.
I think you've got to look at it from the company's point of view. They're looking to save themselves time interviewing someone who is completely out of their budget. Previous salary is a good guide to how negotiable your expectations are likely to be.
My advice: Just be honest. You also don't want to waste your time with a company who's not even in the same ballpark as you. If you're worried about under-bidding and being stuck with less than they would have offered then aim a little high, but not much more than you think you'd be worth elsewhere.
They'll know they can turn around, at the start of the process, and say "Sorry but we're only willing to pay $X,000, are you willing to come down to that?" if they're interested enough.
answered Nov 6 '12 at 14:03
pdr
19.2k46081
19.2k46081
9
The potentially negative scenario is I say I want X and my current salary is 80% of X. By admitting my salary is lower they may well undercut their offer, whereas if they believed my salary was already X the offer might differ
â Dibstar
Nov 6 '12 at 14:34
2
@Davin: Lying about current salary is a dangerous game. If you're worth X then you should stand your ground. Of course they'll TRY to negotiate, and you should remember that they are always more experienced at negotiating than you. But if you're worth it TO THEM then they'll pay. If you're not then either you have to go elsewhere or you have to lower your expectations.
â pdr
Nov 6 '12 at 14:39
2
@KeithS I agree that proving my worth is a given, but how do you do this at the very initial stages of an application? I feel I interview well and can market myself when face to face, but proving you're worth X on a barebones application form can be a little daunting!
â Dibstar
Nov 7 '12 at 8:48
1
@Davin - My point is that's not where you do so. Ask for the salary you think you deserve on the application, and defend it in the interview.
â KeithS
Nov 7 '12 at 14:49
2
@Dibstar As someone who hires, I ask past salary to try and get a rough guestimate what you probably want to be paid. (which is typically 10 - 20% more than what you make now), that said I don't actually care what you're making now. I care what you're going to cost me. I've actually hired someone at over 125% their salary prior to when I hired them. (Admittedly it was an unusual case, but point stands. You tell me what you'll cost me, I let you know what I want to pay you, we either find middle ground or we don't.)
â RualStorge
Jan 23 '15 at 22:33
 |Â
show 4 more comments
9
The potentially negative scenario is I say I want X and my current salary is 80% of X. By admitting my salary is lower they may well undercut their offer, whereas if they believed my salary was already X the offer might differ
â Dibstar
Nov 6 '12 at 14:34
2
@Davin: Lying about current salary is a dangerous game. If you're worth X then you should stand your ground. Of course they'll TRY to negotiate, and you should remember that they are always more experienced at negotiating than you. But if you're worth it TO THEM then they'll pay. If you're not then either you have to go elsewhere or you have to lower your expectations.
â pdr
Nov 6 '12 at 14:39
2
@KeithS I agree that proving my worth is a given, but how do you do this at the very initial stages of an application? I feel I interview well and can market myself when face to face, but proving you're worth X on a barebones application form can be a little daunting!
â Dibstar
Nov 7 '12 at 8:48
1
@Davin - My point is that's not where you do so. Ask for the salary you think you deserve on the application, and defend it in the interview.
â KeithS
Nov 7 '12 at 14:49
2
@Dibstar As someone who hires, I ask past salary to try and get a rough guestimate what you probably want to be paid. (which is typically 10 - 20% more than what you make now), that said I don't actually care what you're making now. I care what you're going to cost me. I've actually hired someone at over 125% their salary prior to when I hired them. (Admittedly it was an unusual case, but point stands. You tell me what you'll cost me, I let you know what I want to pay you, we either find middle ground or we don't.)
â RualStorge
Jan 23 '15 at 22:33
9
9
The potentially negative scenario is I say I want X and my current salary is 80% of X. By admitting my salary is lower they may well undercut their offer, whereas if they believed my salary was already X the offer might differ
â Dibstar
Nov 6 '12 at 14:34
The potentially negative scenario is I say I want X and my current salary is 80% of X. By admitting my salary is lower they may well undercut their offer, whereas if they believed my salary was already X the offer might differ
â Dibstar
Nov 6 '12 at 14:34
2
2
@Davin: Lying about current salary is a dangerous game. If you're worth X then you should stand your ground. Of course they'll TRY to negotiate, and you should remember that they are always more experienced at negotiating than you. But if you're worth it TO THEM then they'll pay. If you're not then either you have to go elsewhere or you have to lower your expectations.
â pdr
Nov 6 '12 at 14:39
@Davin: Lying about current salary is a dangerous game. If you're worth X then you should stand your ground. Of course they'll TRY to negotiate, and you should remember that they are always more experienced at negotiating than you. But if you're worth it TO THEM then they'll pay. If you're not then either you have to go elsewhere or you have to lower your expectations.
â pdr
Nov 6 '12 at 14:39
2
2
@KeithS I agree that proving my worth is a given, but how do you do this at the very initial stages of an application? I feel I interview well and can market myself when face to face, but proving you're worth X on a barebones application form can be a little daunting!
â Dibstar
Nov 7 '12 at 8:48
@KeithS I agree that proving my worth is a given, but how do you do this at the very initial stages of an application? I feel I interview well and can market myself when face to face, but proving you're worth X on a barebones application form can be a little daunting!
â Dibstar
Nov 7 '12 at 8:48
1
1
@Davin - My point is that's not where you do so. Ask for the salary you think you deserve on the application, and defend it in the interview.
â KeithS
Nov 7 '12 at 14:49
@Davin - My point is that's not where you do so. Ask for the salary you think you deserve on the application, and defend it in the interview.
â KeithS
Nov 7 '12 at 14:49
2
2
@Dibstar As someone who hires, I ask past salary to try and get a rough guestimate what you probably want to be paid. (which is typically 10 - 20% more than what you make now), that said I don't actually care what you're making now. I care what you're going to cost me. I've actually hired someone at over 125% their salary prior to when I hired them. (Admittedly it was an unusual case, but point stands. You tell me what you'll cost me, I let you know what I want to pay you, we either find middle ground or we don't.)
â RualStorge
Jan 23 '15 at 22:33
@Dibstar As someone who hires, I ask past salary to try and get a rough guestimate what you probably want to be paid. (which is typically 10 - 20% more than what you make now), that said I don't actually care what you're making now. I care what you're going to cost me. I've actually hired someone at over 125% their salary prior to when I hired them. (Admittedly it was an unusual case, but point stands. You tell me what you'll cost me, I let you know what I want to pay you, we either find middle ground or we don't.)
â RualStorge
Jan 23 '15 at 22:33
 |Â
show 4 more comments
up vote
38
down vote
Setup
You don't have a maximum salary that you want, but you have a minimum.
The company has both a minimum and a maximum. I argue that when a candiate's ask is too low this is a flag that something is wrong with them.
Analysis
So there are 3 possible scenarios with asymetric information; nobody knows the true scenario from the beginning of the negotiation:
1) Company Min <= Your Min <= Company Max
This means you can work here. Whoever names a number first is likely to form a ceiling or a floor, but both parties are aware of that fact. It's just a question of who goes first.
2) Your Min <= Company Min <= Company Max
Typically happens for underqualified candidates.
You can work here if you fool them. The only way for that to happen is if you get them to name their minimum (or maximum, and infer the minimum from it) and realize that your ask is too low. If you name your true Min first, you lose the 'game'.
3) Company Min <= Company Max <= Your Min
You can never work here. The best thing is for you to say "My expectation is X" and they will say "Sorry, we can't do that", but at this point the ball is in your court to accept a potential counter-offer.
CONCLUSION
There is a number of over-simplifications here but: in your original question you assume that you land in #1. I just want to illustrate that this may not be the case. And if it's not, you DO want to name the salary you want first but you want to lie about your actual expectation to make the number higher.
Ceteris paribus, from the company's perspective a confident candidate that asks for a very high rate right away (#3) will trigger a reaction of "Damn, probably good but we can't afford her." Like the people who negotiate cars down from artificially high prices, they will feel good in the tommy if they manage to get that candidate down to a lower rate and hire her.
I advise to name your expected salary first, but err on the side of being too expensive. They will never outright reject you if you are worth your beans. If they like you, they will counter-offer, but you will never end up being under-paid and sometimes you will be pleasantly surprised when your higher ask is met. The downside is that you will miss out on some lower-paid job opportunities - I think we can all live with that.
2
The breakdown of options definitely makes things clearer, and the 'high value goods' approach to self-marketing sounds like it makes a lot of sense :)
â Dibstar
Nov 7 '12 at 8:38
I disagree with this, as per my question linked here. I've often proved myself to be highly valued by a hiring manager, but then been outright rejected based on my current base salary. I usually am not even asked if I would be willing to lower my salary in exchange for other perks. If you are extremely good at your current job, and you have an extremely high salary because of this, sometimes places will just reject you, even if you ace their tech assessments.
â ely
Jan 29 '14 at 15:26
2
"You don't have a maximum salary" - yes you do in practice, definitely. If you're making 90k currently, one week in a 250k job in the same geographic area will make you feel completely overrun by the expectations and the responsibilities - the same way a company does not have a minimum in theory, but definitely has in practice
â Jivan
Jan 23 '15 at 14:59
Never tell them your minimum, or anything close to it. Presenting a minimum says "if you're going to offer this, I'll accept and be content", so why would they offer more? If you're going to present an expected salary, I'd recommend leaning towards the maximum you think they'd be willing to pay (for you specifically), or slightly above (if you're happy potentially risking the offer for a higher salary) or slightly below (if you don't want to risk being seen as too expensive). The number you say is extremely unlikely to go up during negotiations.
â Dukeling
Nov 1 '17 at 18:14
add a comment |Â
up vote
38
down vote
Setup
You don't have a maximum salary that you want, but you have a minimum.
The company has both a minimum and a maximum. I argue that when a candiate's ask is too low this is a flag that something is wrong with them.
Analysis
So there are 3 possible scenarios with asymetric information; nobody knows the true scenario from the beginning of the negotiation:
1) Company Min <= Your Min <= Company Max
This means you can work here. Whoever names a number first is likely to form a ceiling or a floor, but both parties are aware of that fact. It's just a question of who goes first.
2) Your Min <= Company Min <= Company Max
Typically happens for underqualified candidates.
You can work here if you fool them. The only way for that to happen is if you get them to name their minimum (or maximum, and infer the minimum from it) and realize that your ask is too low. If you name your true Min first, you lose the 'game'.
3) Company Min <= Company Max <= Your Min
You can never work here. The best thing is for you to say "My expectation is X" and they will say "Sorry, we can't do that", but at this point the ball is in your court to accept a potential counter-offer.
CONCLUSION
There is a number of over-simplifications here but: in your original question you assume that you land in #1. I just want to illustrate that this may not be the case. And if it's not, you DO want to name the salary you want first but you want to lie about your actual expectation to make the number higher.
Ceteris paribus, from the company's perspective a confident candidate that asks for a very high rate right away (#3) will trigger a reaction of "Damn, probably good but we can't afford her." Like the people who negotiate cars down from artificially high prices, they will feel good in the tommy if they manage to get that candidate down to a lower rate and hire her.
I advise to name your expected salary first, but err on the side of being too expensive. They will never outright reject you if you are worth your beans. If they like you, they will counter-offer, but you will never end up being under-paid and sometimes you will be pleasantly surprised when your higher ask is met. The downside is that you will miss out on some lower-paid job opportunities - I think we can all live with that.
2
The breakdown of options definitely makes things clearer, and the 'high value goods' approach to self-marketing sounds like it makes a lot of sense :)
â Dibstar
Nov 7 '12 at 8:38
I disagree with this, as per my question linked here. I've often proved myself to be highly valued by a hiring manager, but then been outright rejected based on my current base salary. I usually am not even asked if I would be willing to lower my salary in exchange for other perks. If you are extremely good at your current job, and you have an extremely high salary because of this, sometimes places will just reject you, even if you ace their tech assessments.
â ely
Jan 29 '14 at 15:26
2
"You don't have a maximum salary" - yes you do in practice, definitely. If you're making 90k currently, one week in a 250k job in the same geographic area will make you feel completely overrun by the expectations and the responsibilities - the same way a company does not have a minimum in theory, but definitely has in practice
â Jivan
Jan 23 '15 at 14:59
Never tell them your minimum, or anything close to it. Presenting a minimum says "if you're going to offer this, I'll accept and be content", so why would they offer more? If you're going to present an expected salary, I'd recommend leaning towards the maximum you think they'd be willing to pay (for you specifically), or slightly above (if you're happy potentially risking the offer for a higher salary) or slightly below (if you don't want to risk being seen as too expensive). The number you say is extremely unlikely to go up during negotiations.
â Dukeling
Nov 1 '17 at 18:14
add a comment |Â
up vote
38
down vote
up vote
38
down vote
Setup
You don't have a maximum salary that you want, but you have a minimum.
The company has both a minimum and a maximum. I argue that when a candiate's ask is too low this is a flag that something is wrong with them.
Analysis
So there are 3 possible scenarios with asymetric information; nobody knows the true scenario from the beginning of the negotiation:
1) Company Min <= Your Min <= Company Max
This means you can work here. Whoever names a number first is likely to form a ceiling or a floor, but both parties are aware of that fact. It's just a question of who goes first.
2) Your Min <= Company Min <= Company Max
Typically happens for underqualified candidates.
You can work here if you fool them. The only way for that to happen is if you get them to name their minimum (or maximum, and infer the minimum from it) and realize that your ask is too low. If you name your true Min first, you lose the 'game'.
3) Company Min <= Company Max <= Your Min
You can never work here. The best thing is for you to say "My expectation is X" and they will say "Sorry, we can't do that", but at this point the ball is in your court to accept a potential counter-offer.
CONCLUSION
There is a number of over-simplifications here but: in your original question you assume that you land in #1. I just want to illustrate that this may not be the case. And if it's not, you DO want to name the salary you want first but you want to lie about your actual expectation to make the number higher.
Ceteris paribus, from the company's perspective a confident candidate that asks for a very high rate right away (#3) will trigger a reaction of "Damn, probably good but we can't afford her." Like the people who negotiate cars down from artificially high prices, they will feel good in the tommy if they manage to get that candidate down to a lower rate and hire her.
I advise to name your expected salary first, but err on the side of being too expensive. They will never outright reject you if you are worth your beans. If they like you, they will counter-offer, but you will never end up being under-paid and sometimes you will be pleasantly surprised when your higher ask is met. The downside is that you will miss out on some lower-paid job opportunities - I think we can all live with that.
Setup
You don't have a maximum salary that you want, but you have a minimum.
The company has both a minimum and a maximum. I argue that when a candiate's ask is too low this is a flag that something is wrong with them.
Analysis
So there are 3 possible scenarios with asymetric information; nobody knows the true scenario from the beginning of the negotiation:
1) Company Min <= Your Min <= Company Max
This means you can work here. Whoever names a number first is likely to form a ceiling or a floor, but both parties are aware of that fact. It's just a question of who goes first.
2) Your Min <= Company Min <= Company Max
Typically happens for underqualified candidates.
You can work here if you fool them. The only way for that to happen is if you get them to name their minimum (or maximum, and infer the minimum from it) and realize that your ask is too low. If you name your true Min first, you lose the 'game'.
3) Company Min <= Company Max <= Your Min
You can never work here. The best thing is for you to say "My expectation is X" and they will say "Sorry, we can't do that", but at this point the ball is in your court to accept a potential counter-offer.
CONCLUSION
There is a number of over-simplifications here but: in your original question you assume that you land in #1. I just want to illustrate that this may not be the case. And if it's not, you DO want to name the salary you want first but you want to lie about your actual expectation to make the number higher.
Ceteris paribus, from the company's perspective a confident candidate that asks for a very high rate right away (#3) will trigger a reaction of "Damn, probably good but we can't afford her." Like the people who negotiate cars down from artificially high prices, they will feel good in the tommy if they manage to get that candidate down to a lower rate and hire her.
I advise to name your expected salary first, but err on the side of being too expensive. They will never outright reject you if you are worth your beans. If they like you, they will counter-offer, but you will never end up being under-paid and sometimes you will be pleasantly surprised when your higher ask is met. The downside is that you will miss out on some lower-paid job opportunities - I think we can all live with that.
edited Apr 7 '14 at 19:36
answered Nov 6 '12 at 15:22
MrFox
11.8k33857
11.8k33857
2
The breakdown of options definitely makes things clearer, and the 'high value goods' approach to self-marketing sounds like it makes a lot of sense :)
â Dibstar
Nov 7 '12 at 8:38
I disagree with this, as per my question linked here. I've often proved myself to be highly valued by a hiring manager, but then been outright rejected based on my current base salary. I usually am not even asked if I would be willing to lower my salary in exchange for other perks. If you are extremely good at your current job, and you have an extremely high salary because of this, sometimes places will just reject you, even if you ace their tech assessments.
â ely
Jan 29 '14 at 15:26
2
"You don't have a maximum salary" - yes you do in practice, definitely. If you're making 90k currently, one week in a 250k job in the same geographic area will make you feel completely overrun by the expectations and the responsibilities - the same way a company does not have a minimum in theory, but definitely has in practice
â Jivan
Jan 23 '15 at 14:59
Never tell them your minimum, or anything close to it. Presenting a minimum says "if you're going to offer this, I'll accept and be content", so why would they offer more? If you're going to present an expected salary, I'd recommend leaning towards the maximum you think they'd be willing to pay (for you specifically), or slightly above (if you're happy potentially risking the offer for a higher salary) or slightly below (if you don't want to risk being seen as too expensive). The number you say is extremely unlikely to go up during negotiations.
â Dukeling
Nov 1 '17 at 18:14
add a comment |Â
2
The breakdown of options definitely makes things clearer, and the 'high value goods' approach to self-marketing sounds like it makes a lot of sense :)
â Dibstar
Nov 7 '12 at 8:38
I disagree with this, as per my question linked here. I've often proved myself to be highly valued by a hiring manager, but then been outright rejected based on my current base salary. I usually am not even asked if I would be willing to lower my salary in exchange for other perks. If you are extremely good at your current job, and you have an extremely high salary because of this, sometimes places will just reject you, even if you ace their tech assessments.
â ely
Jan 29 '14 at 15:26
2
"You don't have a maximum salary" - yes you do in practice, definitely. If you're making 90k currently, one week in a 250k job in the same geographic area will make you feel completely overrun by the expectations and the responsibilities - the same way a company does not have a minimum in theory, but definitely has in practice
â Jivan
Jan 23 '15 at 14:59
Never tell them your minimum, or anything close to it. Presenting a minimum says "if you're going to offer this, I'll accept and be content", so why would they offer more? If you're going to present an expected salary, I'd recommend leaning towards the maximum you think they'd be willing to pay (for you specifically), or slightly above (if you're happy potentially risking the offer for a higher salary) or slightly below (if you don't want to risk being seen as too expensive). The number you say is extremely unlikely to go up during negotiations.
â Dukeling
Nov 1 '17 at 18:14
2
2
The breakdown of options definitely makes things clearer, and the 'high value goods' approach to self-marketing sounds like it makes a lot of sense :)
â Dibstar
Nov 7 '12 at 8:38
The breakdown of options definitely makes things clearer, and the 'high value goods' approach to self-marketing sounds like it makes a lot of sense :)
â Dibstar
Nov 7 '12 at 8:38
I disagree with this, as per my question linked here. I've often proved myself to be highly valued by a hiring manager, but then been outright rejected based on my current base salary. I usually am not even asked if I would be willing to lower my salary in exchange for other perks. If you are extremely good at your current job, and you have an extremely high salary because of this, sometimes places will just reject you, even if you ace their tech assessments.
â ely
Jan 29 '14 at 15:26
I disagree with this, as per my question linked here. I've often proved myself to be highly valued by a hiring manager, but then been outright rejected based on my current base salary. I usually am not even asked if I would be willing to lower my salary in exchange for other perks. If you are extremely good at your current job, and you have an extremely high salary because of this, sometimes places will just reject you, even if you ace their tech assessments.
â ely
Jan 29 '14 at 15:26
2
2
"You don't have a maximum salary" - yes you do in practice, definitely. If you're making 90k currently, one week in a 250k job in the same geographic area will make you feel completely overrun by the expectations and the responsibilities - the same way a company does not have a minimum in theory, but definitely has in practice
â Jivan
Jan 23 '15 at 14:59
"You don't have a maximum salary" - yes you do in practice, definitely. If you're making 90k currently, one week in a 250k job in the same geographic area will make you feel completely overrun by the expectations and the responsibilities - the same way a company does not have a minimum in theory, but definitely has in practice
â Jivan
Jan 23 '15 at 14:59
Never tell them your minimum, or anything close to it. Presenting a minimum says "if you're going to offer this, I'll accept and be content", so why would they offer more? If you're going to present an expected salary, I'd recommend leaning towards the maximum you think they'd be willing to pay (for you specifically), or slightly above (if you're happy potentially risking the offer for a higher salary) or slightly below (if you don't want to risk being seen as too expensive). The number you say is extremely unlikely to go up during negotiations.
â Dukeling
Nov 1 '17 at 18:14
Never tell them your minimum, or anything close to it. Presenting a minimum says "if you're going to offer this, I'll accept and be content", so why would they offer more? If you're going to present an expected salary, I'd recommend leaning towards the maximum you think they'd be willing to pay (for you specifically), or slightly above (if you're happy potentially risking the offer for a higher salary) or slightly below (if you don't want to risk being seen as too expensive). The number you say is extremely unlikely to go up during negotiations.
â Dukeling
Nov 1 '17 at 18:14
add a comment |Â
up vote
11
down vote
Very often, your current salary can be an irrelevant fact, but it can still serve as a baseline, for the company to make you an offer.
I had taken up a government job, which was paying way below market level. I had taken it up, because I was getting burnt out in the corporate sector. When I decided to come back, and start applying, I always answered is as follows:
Present Salary: It is X, but the number is irrelevant because of the following reasons:
- It was a government job.
- It was in a small town with a way lower cost of living.
- Candidates with my level of experience normal earn about Y (which is a good deal, about 60% more than X).
No company had a problem with that, and no one offered me less than 20% more than Y
Sounds a bit defensive to me.
â Fernando
Nov 6 '12 at 20:04
1
There are certain situations when you have to be defensive. This was one such situation; It might not be applicable to the OP though.
â Devdatta Tengshe
Nov 7 '12 at 3:16
1
@Devdatta I would agree with Fernando that this seems a little defensive, but it's good to see that this approach can be used for larger differentials than I am seeking!
â Dibstar
Nov 7 '12 at 8:29
add a comment |Â
up vote
11
down vote
Very often, your current salary can be an irrelevant fact, but it can still serve as a baseline, for the company to make you an offer.
I had taken up a government job, which was paying way below market level. I had taken it up, because I was getting burnt out in the corporate sector. When I decided to come back, and start applying, I always answered is as follows:
Present Salary: It is X, but the number is irrelevant because of the following reasons:
- It was a government job.
- It was in a small town with a way lower cost of living.
- Candidates with my level of experience normal earn about Y (which is a good deal, about 60% more than X).
No company had a problem with that, and no one offered me less than 20% more than Y
Sounds a bit defensive to me.
â Fernando
Nov 6 '12 at 20:04
1
There are certain situations when you have to be defensive. This was one such situation; It might not be applicable to the OP though.
â Devdatta Tengshe
Nov 7 '12 at 3:16
1
@Devdatta I would agree with Fernando that this seems a little defensive, but it's good to see that this approach can be used for larger differentials than I am seeking!
â Dibstar
Nov 7 '12 at 8:29
add a comment |Â
up vote
11
down vote
up vote
11
down vote
Very often, your current salary can be an irrelevant fact, but it can still serve as a baseline, for the company to make you an offer.
I had taken up a government job, which was paying way below market level. I had taken it up, because I was getting burnt out in the corporate sector. When I decided to come back, and start applying, I always answered is as follows:
Present Salary: It is X, but the number is irrelevant because of the following reasons:
- It was a government job.
- It was in a small town with a way lower cost of living.
- Candidates with my level of experience normal earn about Y (which is a good deal, about 60% more than X).
No company had a problem with that, and no one offered me less than 20% more than Y
Very often, your current salary can be an irrelevant fact, but it can still serve as a baseline, for the company to make you an offer.
I had taken up a government job, which was paying way below market level. I had taken it up, because I was getting burnt out in the corporate sector. When I decided to come back, and start applying, I always answered is as follows:
Present Salary: It is X, but the number is irrelevant because of the following reasons:
- It was a government job.
- It was in a small town with a way lower cost of living.
- Candidates with my level of experience normal earn about Y (which is a good deal, about 60% more than X).
No company had a problem with that, and no one offered me less than 20% more than Y
edited Nov 7 '12 at 3:17
answered Nov 6 '12 at 14:47
Devdatta Tengshe
3861213
3861213
Sounds a bit defensive to me.
â Fernando
Nov 6 '12 at 20:04
1
There are certain situations when you have to be defensive. This was one such situation; It might not be applicable to the OP though.
â Devdatta Tengshe
Nov 7 '12 at 3:16
1
@Devdatta I would agree with Fernando that this seems a little defensive, but it's good to see that this approach can be used for larger differentials than I am seeking!
â Dibstar
Nov 7 '12 at 8:29
add a comment |Â
Sounds a bit defensive to me.
â Fernando
Nov 6 '12 at 20:04
1
There are certain situations when you have to be defensive. This was one such situation; It might not be applicable to the OP though.
â Devdatta Tengshe
Nov 7 '12 at 3:16
1
@Devdatta I would agree with Fernando that this seems a little defensive, but it's good to see that this approach can be used for larger differentials than I am seeking!
â Dibstar
Nov 7 '12 at 8:29
Sounds a bit defensive to me.
â Fernando
Nov 6 '12 at 20:04
Sounds a bit defensive to me.
â Fernando
Nov 6 '12 at 20:04
1
1
There are certain situations when you have to be defensive. This was one such situation; It might not be applicable to the OP though.
â Devdatta Tengshe
Nov 7 '12 at 3:16
There are certain situations when you have to be defensive. This was one such situation; It might not be applicable to the OP though.
â Devdatta Tengshe
Nov 7 '12 at 3:16
1
1
@Devdatta I would agree with Fernando that this seems a little defensive, but it's good to see that this approach can be used for larger differentials than I am seeking!
â Dibstar
Nov 7 '12 at 8:29
@Devdatta I would agree with Fernando that this seems a little defensive, but it's good to see that this approach can be used for larger differentials than I am seeking!
â Dibstar
Nov 7 '12 at 8:29
add a comment |Â
up vote
8
down vote
First, realize that Game Theory is a model for human behavior, and it assumes a certain set of conditions in order to make the situation an absolute.
I thought the top answer here was pretty relevant. It boils down to knowing your position and the market and making the request accordingly.
Keep in mind that when you are asked for a salary range as early as the application process, that you are a long way away from the actual negotiation process. At this point, the numbers are as much about making sure that you and the company are not wildly divergent in your expectations as it is about what you may negotiate in the future. After all, you haven't heard much about the job, nor have they heard much about your skills. The whole interview process is ahead of you and mostly they don't want to waste time only to find out that your expectations are literally double their budget.
I'd say, don't get cute. If you feel you are grossly underpaid, then go with a salary that you feel is fair and modest increase. Otherwise, state your current salary and a reasonable increase and assume you can adjust it later. But figure that the person who looks at this data is NOT your hiring manager, and mostly you want to give the right details to get back the basic, background threshold and into the real question of whether or not you and this job are good for each other.
I agree with the link as well. Positional Bargaining can be a win-lose scenario. One person always feels like they had accept the other terms. Learning ways to avoid positional bargaining take time and practice.
â Craig Nicholson
Nov 6 '12 at 16:58
I hadn't really considered that the initial discussions aren't typically with the hiring manager, and agree that being cute is not a viable way forward.
â Dibstar
Nov 7 '12 at 8:28
add a comment |Â
up vote
8
down vote
First, realize that Game Theory is a model for human behavior, and it assumes a certain set of conditions in order to make the situation an absolute.
I thought the top answer here was pretty relevant. It boils down to knowing your position and the market and making the request accordingly.
Keep in mind that when you are asked for a salary range as early as the application process, that you are a long way away from the actual negotiation process. At this point, the numbers are as much about making sure that you and the company are not wildly divergent in your expectations as it is about what you may negotiate in the future. After all, you haven't heard much about the job, nor have they heard much about your skills. The whole interview process is ahead of you and mostly they don't want to waste time only to find out that your expectations are literally double their budget.
I'd say, don't get cute. If you feel you are grossly underpaid, then go with a salary that you feel is fair and modest increase. Otherwise, state your current salary and a reasonable increase and assume you can adjust it later. But figure that the person who looks at this data is NOT your hiring manager, and mostly you want to give the right details to get back the basic, background threshold and into the real question of whether or not you and this job are good for each other.
I agree with the link as well. Positional Bargaining can be a win-lose scenario. One person always feels like they had accept the other terms. Learning ways to avoid positional bargaining take time and practice.
â Craig Nicholson
Nov 6 '12 at 16:58
I hadn't really considered that the initial discussions aren't typically with the hiring manager, and agree that being cute is not a viable way forward.
â Dibstar
Nov 7 '12 at 8:28
add a comment |Â
up vote
8
down vote
up vote
8
down vote
First, realize that Game Theory is a model for human behavior, and it assumes a certain set of conditions in order to make the situation an absolute.
I thought the top answer here was pretty relevant. It boils down to knowing your position and the market and making the request accordingly.
Keep in mind that when you are asked for a salary range as early as the application process, that you are a long way away from the actual negotiation process. At this point, the numbers are as much about making sure that you and the company are not wildly divergent in your expectations as it is about what you may negotiate in the future. After all, you haven't heard much about the job, nor have they heard much about your skills. The whole interview process is ahead of you and mostly they don't want to waste time only to find out that your expectations are literally double their budget.
I'd say, don't get cute. If you feel you are grossly underpaid, then go with a salary that you feel is fair and modest increase. Otherwise, state your current salary and a reasonable increase and assume you can adjust it later. But figure that the person who looks at this data is NOT your hiring manager, and mostly you want to give the right details to get back the basic, background threshold and into the real question of whether or not you and this job are good for each other.
First, realize that Game Theory is a model for human behavior, and it assumes a certain set of conditions in order to make the situation an absolute.
I thought the top answer here was pretty relevant. It boils down to knowing your position and the market and making the request accordingly.
Keep in mind that when you are asked for a salary range as early as the application process, that you are a long way away from the actual negotiation process. At this point, the numbers are as much about making sure that you and the company are not wildly divergent in your expectations as it is about what you may negotiate in the future. After all, you haven't heard much about the job, nor have they heard much about your skills. The whole interview process is ahead of you and mostly they don't want to waste time only to find out that your expectations are literally double their budget.
I'd say, don't get cute. If you feel you are grossly underpaid, then go with a salary that you feel is fair and modest increase. Otherwise, state your current salary and a reasonable increase and assume you can adjust it later. But figure that the person who looks at this data is NOT your hiring manager, and mostly you want to give the right details to get back the basic, background threshold and into the real question of whether or not you and this job are good for each other.
edited Apr 13 '17 at 12:48
Communityâ¦
1
1
answered Nov 6 '12 at 14:32
bethlakshmi
70.4k4136277
70.4k4136277
I agree with the link as well. Positional Bargaining can be a win-lose scenario. One person always feels like they had accept the other terms. Learning ways to avoid positional bargaining take time and practice.
â Craig Nicholson
Nov 6 '12 at 16:58
I hadn't really considered that the initial discussions aren't typically with the hiring manager, and agree that being cute is not a viable way forward.
â Dibstar
Nov 7 '12 at 8:28
add a comment |Â
I agree with the link as well. Positional Bargaining can be a win-lose scenario. One person always feels like they had accept the other terms. Learning ways to avoid positional bargaining take time and practice.
â Craig Nicholson
Nov 6 '12 at 16:58
I hadn't really considered that the initial discussions aren't typically with the hiring manager, and agree that being cute is not a viable way forward.
â Dibstar
Nov 7 '12 at 8:28
I agree with the link as well. Positional Bargaining can be a win-lose scenario. One person always feels like they had accept the other terms. Learning ways to avoid positional bargaining take time and practice.
â Craig Nicholson
Nov 6 '12 at 16:58
I agree with the link as well. Positional Bargaining can be a win-lose scenario. One person always feels like they had accept the other terms. Learning ways to avoid positional bargaining take time and practice.
â Craig Nicholson
Nov 6 '12 at 16:58
I hadn't really considered that the initial discussions aren't typically with the hiring manager, and agree that being cute is not a viable way forward.
â Dibstar
Nov 7 '12 at 8:28
I hadn't really considered that the initial discussions aren't typically with the hiring manager, and agree that being cute is not a viable way forward.
â Dibstar
Nov 7 '12 at 8:28
add a comment |Â
up vote
8
down vote
Your current salary is, of course, confidential, and you only have to give that information at your own discretion. Still, I agree, it's difficult to fill in a form that asks it directly. I'd suggest you add a note saying you are willing to give a salary indication once they make contact personally.
When you are able to speak to them, either on the telephone, or face to face, it's perfectly reasonable to avoid discussing your present salary. Their "need to know" dictates only that you are prepared to indicate the salary you are looking for. You could say: "I'm looking for a position with a salary in the range between X and Y, although of course, we'd need to discuss the details of the package at a later stage."
2
I think this answer captures the essence of my question well - my current approach is to defer to a face to face discussion wherever possible, but some employers make it mandatory for a figure to be put right at the start of the process which I think is somewhat counter productive!
â Dibstar
Nov 7 '12 at 8:30
I would be happy to put the salary expected on the form but not what I currently earn, personally.
â Fiona - myaccessible.website
Apr 8 '14 at 9:04
I'm usually very reluctant to say how much I earn, and that's because companies really don't need to know that. At best they're gathering market data at my expense?
â Fabio
Jul 30 '16 at 9:19
add a comment |Â
up vote
8
down vote
Your current salary is, of course, confidential, and you only have to give that information at your own discretion. Still, I agree, it's difficult to fill in a form that asks it directly. I'd suggest you add a note saying you are willing to give a salary indication once they make contact personally.
When you are able to speak to them, either on the telephone, or face to face, it's perfectly reasonable to avoid discussing your present salary. Their "need to know" dictates only that you are prepared to indicate the salary you are looking for. You could say: "I'm looking for a position with a salary in the range between X and Y, although of course, we'd need to discuss the details of the package at a later stage."
2
I think this answer captures the essence of my question well - my current approach is to defer to a face to face discussion wherever possible, but some employers make it mandatory for a figure to be put right at the start of the process which I think is somewhat counter productive!
â Dibstar
Nov 7 '12 at 8:30
I would be happy to put the salary expected on the form but not what I currently earn, personally.
â Fiona - myaccessible.website
Apr 8 '14 at 9:04
I'm usually very reluctant to say how much I earn, and that's because companies really don't need to know that. At best they're gathering market data at my expense?
â Fabio
Jul 30 '16 at 9:19
add a comment |Â
up vote
8
down vote
up vote
8
down vote
Your current salary is, of course, confidential, and you only have to give that information at your own discretion. Still, I agree, it's difficult to fill in a form that asks it directly. I'd suggest you add a note saying you are willing to give a salary indication once they make contact personally.
When you are able to speak to them, either on the telephone, or face to face, it's perfectly reasonable to avoid discussing your present salary. Their "need to know" dictates only that you are prepared to indicate the salary you are looking for. You could say: "I'm looking for a position with a salary in the range between X and Y, although of course, we'd need to discuss the details of the package at a later stage."
Your current salary is, of course, confidential, and you only have to give that information at your own discretion. Still, I agree, it's difficult to fill in a form that asks it directly. I'd suggest you add a note saying you are willing to give a salary indication once they make contact personally.
When you are able to speak to them, either on the telephone, or face to face, it's perfectly reasonable to avoid discussing your present salary. Their "need to know" dictates only that you are prepared to indicate the salary you are looking for. You could say: "I'm looking for a position with a salary in the range between X and Y, although of course, we'd need to discuss the details of the package at a later stage."
answered Nov 6 '12 at 19:12
Dominic Cronin
1,103812
1,103812
2
I think this answer captures the essence of my question well - my current approach is to defer to a face to face discussion wherever possible, but some employers make it mandatory for a figure to be put right at the start of the process which I think is somewhat counter productive!
â Dibstar
Nov 7 '12 at 8:30
I would be happy to put the salary expected on the form but not what I currently earn, personally.
â Fiona - myaccessible.website
Apr 8 '14 at 9:04
I'm usually very reluctant to say how much I earn, and that's because companies really don't need to know that. At best they're gathering market data at my expense?
â Fabio
Jul 30 '16 at 9:19
add a comment |Â
2
I think this answer captures the essence of my question well - my current approach is to defer to a face to face discussion wherever possible, but some employers make it mandatory for a figure to be put right at the start of the process which I think is somewhat counter productive!
â Dibstar
Nov 7 '12 at 8:30
I would be happy to put the salary expected on the form but not what I currently earn, personally.
â Fiona - myaccessible.website
Apr 8 '14 at 9:04
I'm usually very reluctant to say how much I earn, and that's because companies really don't need to know that. At best they're gathering market data at my expense?
â Fabio
Jul 30 '16 at 9:19
2
2
I think this answer captures the essence of my question well - my current approach is to defer to a face to face discussion wherever possible, but some employers make it mandatory for a figure to be put right at the start of the process which I think is somewhat counter productive!
â Dibstar
Nov 7 '12 at 8:30
I think this answer captures the essence of my question well - my current approach is to defer to a face to face discussion wherever possible, but some employers make it mandatory for a figure to be put right at the start of the process which I think is somewhat counter productive!
â Dibstar
Nov 7 '12 at 8:30
I would be happy to put the salary expected on the form but not what I currently earn, personally.
â Fiona - myaccessible.website
Apr 8 '14 at 9:04
I would be happy to put the salary expected on the form but not what I currently earn, personally.
â Fiona - myaccessible.website
Apr 8 '14 at 9:04
I'm usually very reluctant to say how much I earn, and that's because companies really don't need to know that. At best they're gathering market data at my expense?
â Fabio
Jul 30 '16 at 9:19
I'm usually very reluctant to say how much I earn, and that's because companies really don't need to know that. At best they're gathering market data at my expense?
â Fabio
Jul 30 '16 at 9:19
add a comment |Â
up vote
4
down vote
- Find out what the job typically pays for the location you are interviewing. Years Experience. Skill Level, etc... Tools like Salary.Com or GlassDoor can help.
- A smaller company with fun smart people might pay the average salary where a larger corporate might pay over the average.
- If asked outright you could just say "Typically salaries are between X and Y, and I'm looking for fair compensation."
How should I get around the issue of not stating my current salary though? I am wary as I am looking for around 20% increase (as my research suggests that's what I should be on), and if stating the raw figures some employers may well dismiss me instantly
â Dibstar
Nov 6 '12 at 14:37
@Davin I was in the same position once because the company I worked for was good at negotiating salaries and I was not. So I got hired below market rate without doing any kind of research on what I should have been paid. If asked about your current salary I would first ask what the salary range is for the job first. If they just repeat the question back to you I would state "I'm looking to be compensated fairly and I feel that a salary of X is what I would need. My current Salary is X at YCompany. <We never ask someone what their current salary is at the current employer during interviews>
â Craig Nicholson
Nov 6 '12 at 16:41
2
Also, a 20% increase from one job to the next can be standard for programmers. The Hiring manager can view this as a win since he knows a 20% increase or more will be greatly appreciated by you. If I find a solid programmer who is underpaid by a company we will recruit them.
â Craig Nicholson
Nov 6 '12 at 16:49
I think the 20% analogy is a good one, but I am little concerned about getting through the initial stages (as I interview quite well), as I feel that some employers will have the attitude of "Candidate X gets paid 100 and Candidate Y gets paid 80 so candidate X must be better so let's only interview them"
â Dibstar
Nov 7 '12 at 8:36
1
We interview everyone who passes the phone screen. If the company is going to pick the least costly resource, maybe you should work somewhere else. We always pick best candidate. I would focus on getting the job and then discuss salary with the company. Once, a person I was interviewing said they wanted a salary of 150K for a Network Admin position. During that time the market rate was 75K. I just told them 75K was the max for us.
â Craig Nicholson
Nov 7 '12 at 13:34
add a comment |Â
up vote
4
down vote
- Find out what the job typically pays for the location you are interviewing. Years Experience. Skill Level, etc... Tools like Salary.Com or GlassDoor can help.
- A smaller company with fun smart people might pay the average salary where a larger corporate might pay over the average.
- If asked outright you could just say "Typically salaries are between X and Y, and I'm looking for fair compensation."
How should I get around the issue of not stating my current salary though? I am wary as I am looking for around 20% increase (as my research suggests that's what I should be on), and if stating the raw figures some employers may well dismiss me instantly
â Dibstar
Nov 6 '12 at 14:37
@Davin I was in the same position once because the company I worked for was good at negotiating salaries and I was not. So I got hired below market rate without doing any kind of research on what I should have been paid. If asked about your current salary I would first ask what the salary range is for the job first. If they just repeat the question back to you I would state "I'm looking to be compensated fairly and I feel that a salary of X is what I would need. My current Salary is X at YCompany. <We never ask someone what their current salary is at the current employer during interviews>
â Craig Nicholson
Nov 6 '12 at 16:41
2
Also, a 20% increase from one job to the next can be standard for programmers. The Hiring manager can view this as a win since he knows a 20% increase or more will be greatly appreciated by you. If I find a solid programmer who is underpaid by a company we will recruit them.
â Craig Nicholson
Nov 6 '12 at 16:49
I think the 20% analogy is a good one, but I am little concerned about getting through the initial stages (as I interview quite well), as I feel that some employers will have the attitude of "Candidate X gets paid 100 and Candidate Y gets paid 80 so candidate X must be better so let's only interview them"
â Dibstar
Nov 7 '12 at 8:36
1
We interview everyone who passes the phone screen. If the company is going to pick the least costly resource, maybe you should work somewhere else. We always pick best candidate. I would focus on getting the job and then discuss salary with the company. Once, a person I was interviewing said they wanted a salary of 150K for a Network Admin position. During that time the market rate was 75K. I just told them 75K was the max for us.
â Craig Nicholson
Nov 7 '12 at 13:34
add a comment |Â
up vote
4
down vote
up vote
4
down vote
- Find out what the job typically pays for the location you are interviewing. Years Experience. Skill Level, etc... Tools like Salary.Com or GlassDoor can help.
- A smaller company with fun smart people might pay the average salary where a larger corporate might pay over the average.
- If asked outright you could just say "Typically salaries are between X and Y, and I'm looking for fair compensation."
- Find out what the job typically pays for the location you are interviewing. Years Experience. Skill Level, etc... Tools like Salary.Com or GlassDoor can help.
- A smaller company with fun smart people might pay the average salary where a larger corporate might pay over the average.
- If asked outright you could just say "Typically salaries are between X and Y, and I'm looking for fair compensation."
answered Nov 6 '12 at 14:21
Craig Nicholson
20515
20515
How should I get around the issue of not stating my current salary though? I am wary as I am looking for around 20% increase (as my research suggests that's what I should be on), and if stating the raw figures some employers may well dismiss me instantly
â Dibstar
Nov 6 '12 at 14:37
@Davin I was in the same position once because the company I worked for was good at negotiating salaries and I was not. So I got hired below market rate without doing any kind of research on what I should have been paid. If asked about your current salary I would first ask what the salary range is for the job first. If they just repeat the question back to you I would state "I'm looking to be compensated fairly and I feel that a salary of X is what I would need. My current Salary is X at YCompany. <We never ask someone what their current salary is at the current employer during interviews>
â Craig Nicholson
Nov 6 '12 at 16:41
2
Also, a 20% increase from one job to the next can be standard for programmers. The Hiring manager can view this as a win since he knows a 20% increase or more will be greatly appreciated by you. If I find a solid programmer who is underpaid by a company we will recruit them.
â Craig Nicholson
Nov 6 '12 at 16:49
I think the 20% analogy is a good one, but I am little concerned about getting through the initial stages (as I interview quite well), as I feel that some employers will have the attitude of "Candidate X gets paid 100 and Candidate Y gets paid 80 so candidate X must be better so let's only interview them"
â Dibstar
Nov 7 '12 at 8:36
1
We interview everyone who passes the phone screen. If the company is going to pick the least costly resource, maybe you should work somewhere else. We always pick best candidate. I would focus on getting the job and then discuss salary with the company. Once, a person I was interviewing said they wanted a salary of 150K for a Network Admin position. During that time the market rate was 75K. I just told them 75K was the max for us.
â Craig Nicholson
Nov 7 '12 at 13:34
add a comment |Â
How should I get around the issue of not stating my current salary though? I am wary as I am looking for around 20% increase (as my research suggests that's what I should be on), and if stating the raw figures some employers may well dismiss me instantly
â Dibstar
Nov 6 '12 at 14:37
@Davin I was in the same position once because the company I worked for was good at negotiating salaries and I was not. So I got hired below market rate without doing any kind of research on what I should have been paid. If asked about your current salary I would first ask what the salary range is for the job first. If they just repeat the question back to you I would state "I'm looking to be compensated fairly and I feel that a salary of X is what I would need. My current Salary is X at YCompany. <We never ask someone what their current salary is at the current employer during interviews>
â Craig Nicholson
Nov 6 '12 at 16:41
2
Also, a 20% increase from one job to the next can be standard for programmers. The Hiring manager can view this as a win since he knows a 20% increase or more will be greatly appreciated by you. If I find a solid programmer who is underpaid by a company we will recruit them.
â Craig Nicholson
Nov 6 '12 at 16:49
I think the 20% analogy is a good one, but I am little concerned about getting through the initial stages (as I interview quite well), as I feel that some employers will have the attitude of "Candidate X gets paid 100 and Candidate Y gets paid 80 so candidate X must be better so let's only interview them"
â Dibstar
Nov 7 '12 at 8:36
1
We interview everyone who passes the phone screen. If the company is going to pick the least costly resource, maybe you should work somewhere else. We always pick best candidate. I would focus on getting the job and then discuss salary with the company. Once, a person I was interviewing said they wanted a salary of 150K for a Network Admin position. During that time the market rate was 75K. I just told them 75K was the max for us.
â Craig Nicholson
Nov 7 '12 at 13:34
How should I get around the issue of not stating my current salary though? I am wary as I am looking for around 20% increase (as my research suggests that's what I should be on), and if stating the raw figures some employers may well dismiss me instantly
â Dibstar
Nov 6 '12 at 14:37
How should I get around the issue of not stating my current salary though? I am wary as I am looking for around 20% increase (as my research suggests that's what I should be on), and if stating the raw figures some employers may well dismiss me instantly
â Dibstar
Nov 6 '12 at 14:37
@Davin I was in the same position once because the company I worked for was good at negotiating salaries and I was not. So I got hired below market rate without doing any kind of research on what I should have been paid. If asked about your current salary I would first ask what the salary range is for the job first. If they just repeat the question back to you I would state "I'm looking to be compensated fairly and I feel that a salary of X is what I would need. My current Salary is X at YCompany. <We never ask someone what their current salary is at the current employer during interviews>
â Craig Nicholson
Nov 6 '12 at 16:41
@Davin I was in the same position once because the company I worked for was good at negotiating salaries and I was not. So I got hired below market rate without doing any kind of research on what I should have been paid. If asked about your current salary I would first ask what the salary range is for the job first. If they just repeat the question back to you I would state "I'm looking to be compensated fairly and I feel that a salary of X is what I would need. My current Salary is X at YCompany. <We never ask someone what their current salary is at the current employer during interviews>
â Craig Nicholson
Nov 6 '12 at 16:41
2
2
Also, a 20% increase from one job to the next can be standard for programmers. The Hiring manager can view this as a win since he knows a 20% increase or more will be greatly appreciated by you. If I find a solid programmer who is underpaid by a company we will recruit them.
â Craig Nicholson
Nov 6 '12 at 16:49
Also, a 20% increase from one job to the next can be standard for programmers. The Hiring manager can view this as a win since he knows a 20% increase or more will be greatly appreciated by you. If I find a solid programmer who is underpaid by a company we will recruit them.
â Craig Nicholson
Nov 6 '12 at 16:49
I think the 20% analogy is a good one, but I am little concerned about getting through the initial stages (as I interview quite well), as I feel that some employers will have the attitude of "Candidate X gets paid 100 and Candidate Y gets paid 80 so candidate X must be better so let's only interview them"
â Dibstar
Nov 7 '12 at 8:36
I think the 20% analogy is a good one, but I am little concerned about getting through the initial stages (as I interview quite well), as I feel that some employers will have the attitude of "Candidate X gets paid 100 and Candidate Y gets paid 80 so candidate X must be better so let's only interview them"
â Dibstar
Nov 7 '12 at 8:36
1
1
We interview everyone who passes the phone screen. If the company is going to pick the least costly resource, maybe you should work somewhere else. We always pick best candidate. I would focus on getting the job and then discuss salary with the company. Once, a person I was interviewing said they wanted a salary of 150K for a Network Admin position. During that time the market rate was 75K. I just told them 75K was the max for us.
â Craig Nicholson
Nov 7 '12 at 13:34
We interview everyone who passes the phone screen. If the company is going to pick the least costly resource, maybe you should work somewhere else. We always pick best candidate. I would focus on getting the job and then discuss salary with the company. Once, a person I was interviewing said they wanted a salary of 150K for a Network Admin position. During that time the market rate was 75K. I just told them 75K was the max for us.
â Craig Nicholson
Nov 7 '12 at 13:34
add a comment |Â
up vote
2
down vote
I'm assuming your biggest concern being too low. Unless this is a giant step up the corporate ladder, you may not be in a position to ask for much more than you're making now. That really depends on your current circumstances, location, etc.
If you ask for a salary lower than what they planned on offering (most companies have a fairly tight salary range for most positions before they even post), here are some possible outcomes:
- They keep lower their offer to your level. You've left money on the table you never knew was there.
- They maintain their higher offer in hopes it will make you want the position even more.
- If your request is not a competitive rate, they may think less of you because you either don't know how to value yourself, do a little research or are just afraid to ask. I doubt this happens often and if it does, you wouldn't want to work there anyway.
Look into the company. Many will post a general list of their benefits. If those are competitive and it's an established company, their salaries are probably above average.
Most of all, you need to decide what you want out of a salary and go from there. If you discover the job has excessive requirements like: being on call, travel, weekends, over-time, you can always ask for more.
I wouldn't say I am looking for a major step up, but I do feel that for the effort of changing jobs (as I don't hate where I am now) there needs to be quite a bump in salary (as well as responsibility). And naturally, avoiding scenario 1 is the key aim in this process!
â Dibstar
Nov 7 '12 at 8:40
add a comment |Â
up vote
2
down vote
I'm assuming your biggest concern being too low. Unless this is a giant step up the corporate ladder, you may not be in a position to ask for much more than you're making now. That really depends on your current circumstances, location, etc.
If you ask for a salary lower than what they planned on offering (most companies have a fairly tight salary range for most positions before they even post), here are some possible outcomes:
- They keep lower their offer to your level. You've left money on the table you never knew was there.
- They maintain their higher offer in hopes it will make you want the position even more.
- If your request is not a competitive rate, they may think less of you because you either don't know how to value yourself, do a little research or are just afraid to ask. I doubt this happens often and if it does, you wouldn't want to work there anyway.
Look into the company. Many will post a general list of their benefits. If those are competitive and it's an established company, their salaries are probably above average.
Most of all, you need to decide what you want out of a salary and go from there. If you discover the job has excessive requirements like: being on call, travel, weekends, over-time, you can always ask for more.
I wouldn't say I am looking for a major step up, but I do feel that for the effort of changing jobs (as I don't hate where I am now) there needs to be quite a bump in salary (as well as responsibility). And naturally, avoiding scenario 1 is the key aim in this process!
â Dibstar
Nov 7 '12 at 8:40
add a comment |Â
up vote
2
down vote
up vote
2
down vote
I'm assuming your biggest concern being too low. Unless this is a giant step up the corporate ladder, you may not be in a position to ask for much more than you're making now. That really depends on your current circumstances, location, etc.
If you ask for a salary lower than what they planned on offering (most companies have a fairly tight salary range for most positions before they even post), here are some possible outcomes:
- They keep lower their offer to your level. You've left money on the table you never knew was there.
- They maintain their higher offer in hopes it will make you want the position even more.
- If your request is not a competitive rate, they may think less of you because you either don't know how to value yourself, do a little research or are just afraid to ask. I doubt this happens often and if it does, you wouldn't want to work there anyway.
Look into the company. Many will post a general list of their benefits. If those are competitive and it's an established company, their salaries are probably above average.
Most of all, you need to decide what you want out of a salary and go from there. If you discover the job has excessive requirements like: being on call, travel, weekends, over-time, you can always ask for more.
I'm assuming your biggest concern being too low. Unless this is a giant step up the corporate ladder, you may not be in a position to ask for much more than you're making now. That really depends on your current circumstances, location, etc.
If you ask for a salary lower than what they planned on offering (most companies have a fairly tight salary range for most positions before they even post), here are some possible outcomes:
- They keep lower their offer to your level. You've left money on the table you never knew was there.
- They maintain their higher offer in hopes it will make you want the position even more.
- If your request is not a competitive rate, they may think less of you because you either don't know how to value yourself, do a little research or are just afraid to ask. I doubt this happens often and if it does, you wouldn't want to work there anyway.
Look into the company. Many will post a general list of their benefits. If those are competitive and it's an established company, their salaries are probably above average.
Most of all, you need to decide what you want out of a salary and go from there. If you discover the job has excessive requirements like: being on call, travel, weekends, over-time, you can always ask for more.
answered Nov 6 '12 at 14:33
user8365
I wouldn't say I am looking for a major step up, but I do feel that for the effort of changing jobs (as I don't hate where I am now) there needs to be quite a bump in salary (as well as responsibility). And naturally, avoiding scenario 1 is the key aim in this process!
â Dibstar
Nov 7 '12 at 8:40
add a comment |Â
I wouldn't say I am looking for a major step up, but I do feel that for the effort of changing jobs (as I don't hate where I am now) there needs to be quite a bump in salary (as well as responsibility). And naturally, avoiding scenario 1 is the key aim in this process!
â Dibstar
Nov 7 '12 at 8:40
I wouldn't say I am looking for a major step up, but I do feel that for the effort of changing jobs (as I don't hate where I am now) there needs to be quite a bump in salary (as well as responsibility). And naturally, avoiding scenario 1 is the key aim in this process!
â Dibstar
Nov 7 '12 at 8:40
I wouldn't say I am looking for a major step up, but I do feel that for the effort of changing jobs (as I don't hate where I am now) there needs to be quite a bump in salary (as well as responsibility). And naturally, avoiding scenario 1 is the key aim in this process!
â Dibstar
Nov 7 '12 at 8:40
add a comment |Â
up vote
2
down vote
Who will care if you don't get an interview? If you'd be sad and they wouldn't, then that's the reason you lose the negotiation. Not because you mentioned a number first, but because you need them more than they need you.
If your relationship to the company was symmetrical, then when they say "how much are you currently paid?", you could ask questions like, "how much did you pay the guy I'm replacing in this role?" or "how much on average do you hire people for at this level in the organisation?"
They won't tell you those things. You don't have to tell them your current salary, but they might not interview you if you don't. So you just have to decide what's most likely to get you a job you want. If you think the prospective employer will, with tiresome predictability, make you an offer that's a tiny bit over your current salary and not worth moving for, then you know you're going to turn them down eventually so get it over with now and let them not interview you. Apply instead to employers who don't demand this information.
Ultimately if they stick to their guns, you either have to agree to their terms or give up. And if you stick to your guns, they either have to agree to your terms or give up.
What you put in those boxes will anchor their offer. But it's not certain whether that's a win for you or a loss. The big fear is that because your current salary is low, mentioning it anchors them low. And your current salary is fairly likely to be low or low-ish: you are after all looking for a new job.
Suppose you say you currently make $40k, you tell them this and you tell them you expect $80k. You secretly know your real bottom-dollar: that you will not (for whatever reason) move for less than $60k. Then either they offer you $60-80k or else they don't get you. Let's say they anchor on the $40k, offer you $50k, and demand to know why you love your current job so much. Maybe you end up walking away from a bad offer, but you haven't "lost". It might have been better all around if they hadn't forced you to reveal the $40k, because then you could both have agreed $60k, but that wasn't possible by their choice.
The second fear is that your expected salary is too low. Let's say they'd be willing to pay $100k and you say you expect $80k, you're very unlikely to get more than $80k out of them. It's actually absurd of them to treat your expectations, before you know more about the job, as an offer, but some will anyway.
The final fear is that your expected salary is too high and they figure you're not worth interviewing, and not even worth telling that they'd love to interview you if your expectations were lower.
To avoid those problems the ideal number to say for your expected salary, is right about the maximum they're willing to pay for the role or a little higher. So if you know the market fairly well there's no loss in saying a number first, because the number you say is the right number. The danger is saying the wrong number. So you can either play their game, make it past interview to the real negotiation, and ask for a salary you're happy with. Or you can call them out, refuse to answer, and see whether they're bluffing. It's just a matter of how much you need them.
Finally, if you consider it a game-theoretical fact that whoever mentions a number first in any negotiation is the loser, then consider whether used car salesmen therefore "always lose" because there's a price displayed on every car on the lot. And if used car salesmen always lose at negotiation, does that mean used car buyers always win at negotiation? So why do car salesmen keep doing it? You're not selling used cars, but you are selling something, so any argument that claims you shouldn't say a number first is pure baloney unless it specifically and convincingly explains what the significant difference is between you and a used car salesman. If the difference is about knowing the market value, then what that says is playing games with boxes on forms is only the second most valuable thing you can do. The most valuable is to find out your market value and demand it.
I'm surprised how commonplace this "lose if you say the first number" theory is. As far as I can tell, there's no basis in any scientific studies of bargaining or behavioral finance. On the contrary, there is plentiful evidence that the first number has an anchoring effect, as you suggest.
â Chan-Ho Suh
Sep 26 '15 at 18:59
add a comment |Â
up vote
2
down vote
Who will care if you don't get an interview? If you'd be sad and they wouldn't, then that's the reason you lose the negotiation. Not because you mentioned a number first, but because you need them more than they need you.
If your relationship to the company was symmetrical, then when they say "how much are you currently paid?", you could ask questions like, "how much did you pay the guy I'm replacing in this role?" or "how much on average do you hire people for at this level in the organisation?"
They won't tell you those things. You don't have to tell them your current salary, but they might not interview you if you don't. So you just have to decide what's most likely to get you a job you want. If you think the prospective employer will, with tiresome predictability, make you an offer that's a tiny bit over your current salary and not worth moving for, then you know you're going to turn them down eventually so get it over with now and let them not interview you. Apply instead to employers who don't demand this information.
Ultimately if they stick to their guns, you either have to agree to their terms or give up. And if you stick to your guns, they either have to agree to your terms or give up.
What you put in those boxes will anchor their offer. But it's not certain whether that's a win for you or a loss. The big fear is that because your current salary is low, mentioning it anchors them low. And your current salary is fairly likely to be low or low-ish: you are after all looking for a new job.
Suppose you say you currently make $40k, you tell them this and you tell them you expect $80k. You secretly know your real bottom-dollar: that you will not (for whatever reason) move for less than $60k. Then either they offer you $60-80k or else they don't get you. Let's say they anchor on the $40k, offer you $50k, and demand to know why you love your current job so much. Maybe you end up walking away from a bad offer, but you haven't "lost". It might have been better all around if they hadn't forced you to reveal the $40k, because then you could both have agreed $60k, but that wasn't possible by their choice.
The second fear is that your expected salary is too low. Let's say they'd be willing to pay $100k and you say you expect $80k, you're very unlikely to get more than $80k out of them. It's actually absurd of them to treat your expectations, before you know more about the job, as an offer, but some will anyway.
The final fear is that your expected salary is too high and they figure you're not worth interviewing, and not even worth telling that they'd love to interview you if your expectations were lower.
To avoid those problems the ideal number to say for your expected salary, is right about the maximum they're willing to pay for the role or a little higher. So if you know the market fairly well there's no loss in saying a number first, because the number you say is the right number. The danger is saying the wrong number. So you can either play their game, make it past interview to the real negotiation, and ask for a salary you're happy with. Or you can call them out, refuse to answer, and see whether they're bluffing. It's just a matter of how much you need them.
Finally, if you consider it a game-theoretical fact that whoever mentions a number first in any negotiation is the loser, then consider whether used car salesmen therefore "always lose" because there's a price displayed on every car on the lot. And if used car salesmen always lose at negotiation, does that mean used car buyers always win at negotiation? So why do car salesmen keep doing it? You're not selling used cars, but you are selling something, so any argument that claims you shouldn't say a number first is pure baloney unless it specifically and convincingly explains what the significant difference is between you and a used car salesman. If the difference is about knowing the market value, then what that says is playing games with boxes on forms is only the second most valuable thing you can do. The most valuable is to find out your market value and demand it.
I'm surprised how commonplace this "lose if you say the first number" theory is. As far as I can tell, there's no basis in any scientific studies of bargaining or behavioral finance. On the contrary, there is plentiful evidence that the first number has an anchoring effect, as you suggest.
â Chan-Ho Suh
Sep 26 '15 at 18:59
add a comment |Â
up vote
2
down vote
up vote
2
down vote
Who will care if you don't get an interview? If you'd be sad and they wouldn't, then that's the reason you lose the negotiation. Not because you mentioned a number first, but because you need them more than they need you.
If your relationship to the company was symmetrical, then when they say "how much are you currently paid?", you could ask questions like, "how much did you pay the guy I'm replacing in this role?" or "how much on average do you hire people for at this level in the organisation?"
They won't tell you those things. You don't have to tell them your current salary, but they might not interview you if you don't. So you just have to decide what's most likely to get you a job you want. If you think the prospective employer will, with tiresome predictability, make you an offer that's a tiny bit over your current salary and not worth moving for, then you know you're going to turn them down eventually so get it over with now and let them not interview you. Apply instead to employers who don't demand this information.
Ultimately if they stick to their guns, you either have to agree to their terms or give up. And if you stick to your guns, they either have to agree to your terms or give up.
What you put in those boxes will anchor their offer. But it's not certain whether that's a win for you or a loss. The big fear is that because your current salary is low, mentioning it anchors them low. And your current salary is fairly likely to be low or low-ish: you are after all looking for a new job.
Suppose you say you currently make $40k, you tell them this and you tell them you expect $80k. You secretly know your real bottom-dollar: that you will not (for whatever reason) move for less than $60k. Then either they offer you $60-80k or else they don't get you. Let's say they anchor on the $40k, offer you $50k, and demand to know why you love your current job so much. Maybe you end up walking away from a bad offer, but you haven't "lost". It might have been better all around if they hadn't forced you to reveal the $40k, because then you could both have agreed $60k, but that wasn't possible by their choice.
The second fear is that your expected salary is too low. Let's say they'd be willing to pay $100k and you say you expect $80k, you're very unlikely to get more than $80k out of them. It's actually absurd of them to treat your expectations, before you know more about the job, as an offer, but some will anyway.
The final fear is that your expected salary is too high and they figure you're not worth interviewing, and not even worth telling that they'd love to interview you if your expectations were lower.
To avoid those problems the ideal number to say for your expected salary, is right about the maximum they're willing to pay for the role or a little higher. So if you know the market fairly well there's no loss in saying a number first, because the number you say is the right number. The danger is saying the wrong number. So you can either play their game, make it past interview to the real negotiation, and ask for a salary you're happy with. Or you can call them out, refuse to answer, and see whether they're bluffing. It's just a matter of how much you need them.
Finally, if you consider it a game-theoretical fact that whoever mentions a number first in any negotiation is the loser, then consider whether used car salesmen therefore "always lose" because there's a price displayed on every car on the lot. And if used car salesmen always lose at negotiation, does that mean used car buyers always win at negotiation? So why do car salesmen keep doing it? You're not selling used cars, but you are selling something, so any argument that claims you shouldn't say a number first is pure baloney unless it specifically and convincingly explains what the significant difference is between you and a used car salesman. If the difference is about knowing the market value, then what that says is playing games with boxes on forms is only the second most valuable thing you can do. The most valuable is to find out your market value and demand it.
Who will care if you don't get an interview? If you'd be sad and they wouldn't, then that's the reason you lose the negotiation. Not because you mentioned a number first, but because you need them more than they need you.
If your relationship to the company was symmetrical, then when they say "how much are you currently paid?", you could ask questions like, "how much did you pay the guy I'm replacing in this role?" or "how much on average do you hire people for at this level in the organisation?"
They won't tell you those things. You don't have to tell them your current salary, but they might not interview you if you don't. So you just have to decide what's most likely to get you a job you want. If you think the prospective employer will, with tiresome predictability, make you an offer that's a tiny bit over your current salary and not worth moving for, then you know you're going to turn them down eventually so get it over with now and let them not interview you. Apply instead to employers who don't demand this information.
Ultimately if they stick to their guns, you either have to agree to their terms or give up. And if you stick to your guns, they either have to agree to your terms or give up.
What you put in those boxes will anchor their offer. But it's not certain whether that's a win for you or a loss. The big fear is that because your current salary is low, mentioning it anchors them low. And your current salary is fairly likely to be low or low-ish: you are after all looking for a new job.
Suppose you say you currently make $40k, you tell them this and you tell them you expect $80k. You secretly know your real bottom-dollar: that you will not (for whatever reason) move for less than $60k. Then either they offer you $60-80k or else they don't get you. Let's say they anchor on the $40k, offer you $50k, and demand to know why you love your current job so much. Maybe you end up walking away from a bad offer, but you haven't "lost". It might have been better all around if they hadn't forced you to reveal the $40k, because then you could both have agreed $60k, but that wasn't possible by their choice.
The second fear is that your expected salary is too low. Let's say they'd be willing to pay $100k and you say you expect $80k, you're very unlikely to get more than $80k out of them. It's actually absurd of them to treat your expectations, before you know more about the job, as an offer, but some will anyway.
The final fear is that your expected salary is too high and they figure you're not worth interviewing, and not even worth telling that they'd love to interview you if your expectations were lower.
To avoid those problems the ideal number to say for your expected salary, is right about the maximum they're willing to pay for the role or a little higher. So if you know the market fairly well there's no loss in saying a number first, because the number you say is the right number. The danger is saying the wrong number. So you can either play their game, make it past interview to the real negotiation, and ask for a salary you're happy with. Or you can call them out, refuse to answer, and see whether they're bluffing. It's just a matter of how much you need them.
Finally, if you consider it a game-theoretical fact that whoever mentions a number first in any negotiation is the loser, then consider whether used car salesmen therefore "always lose" because there's a price displayed on every car on the lot. And if used car salesmen always lose at negotiation, does that mean used car buyers always win at negotiation? So why do car salesmen keep doing it? You're not selling used cars, but you are selling something, so any argument that claims you shouldn't say a number first is pure baloney unless it specifically and convincingly explains what the significant difference is between you and a used car salesman. If the difference is about knowing the market value, then what that says is playing games with boxes on forms is only the second most valuable thing you can do. The most valuable is to find out your market value and demand it.
edited Jan 23 '15 at 14:53
answered Jan 23 '15 at 14:30
Steve Jessop
8,9081941
8,9081941
I'm surprised how commonplace this "lose if you say the first number" theory is. As far as I can tell, there's no basis in any scientific studies of bargaining or behavioral finance. On the contrary, there is plentiful evidence that the first number has an anchoring effect, as you suggest.
â Chan-Ho Suh
Sep 26 '15 at 18:59
add a comment |Â
I'm surprised how commonplace this "lose if you say the first number" theory is. As far as I can tell, there's no basis in any scientific studies of bargaining or behavioral finance. On the contrary, there is plentiful evidence that the first number has an anchoring effect, as you suggest.
â Chan-Ho Suh
Sep 26 '15 at 18:59
I'm surprised how commonplace this "lose if you say the first number" theory is. As far as I can tell, there's no basis in any scientific studies of bargaining or behavioral finance. On the contrary, there is plentiful evidence that the first number has an anchoring effect, as you suggest.
â Chan-Ho Suh
Sep 26 '15 at 18:59
I'm surprised how commonplace this "lose if you say the first number" theory is. As far as I can tell, there's no basis in any scientific studies of bargaining or behavioral finance. On the contrary, there is plentiful evidence that the first number has an anchoring effect, as you suggest.
â Chan-Ho Suh
Sep 26 '15 at 18:59
add a comment |Â
up vote
1
down vote
It seems like you have three options....
- List actual salary
- List adjusted salary including the value of benefits
- Fill in zero or leave blank (if possible with a note explaining you'd prefer to discuss salary in person, care not to diclose, etc)
There are pros and cons to each option, the point is to find a way to be somehow truthful while presenting yourself in the best light, and balancing the downsides to which choice you make.
add a comment |Â
up vote
1
down vote
It seems like you have three options....
- List actual salary
- List adjusted salary including the value of benefits
- Fill in zero or leave blank (if possible with a note explaining you'd prefer to discuss salary in person, care not to diclose, etc)
There are pros and cons to each option, the point is to find a way to be somehow truthful while presenting yourself in the best light, and balancing the downsides to which choice you make.
add a comment |Â
up vote
1
down vote
up vote
1
down vote
It seems like you have three options....
- List actual salary
- List adjusted salary including the value of benefits
- Fill in zero or leave blank (if possible with a note explaining you'd prefer to discuss salary in person, care not to diclose, etc)
There are pros and cons to each option, the point is to find a way to be somehow truthful while presenting yourself in the best light, and balancing the downsides to which choice you make.
It seems like you have three options....
- List actual salary
- List adjusted salary including the value of benefits
- Fill in zero or leave blank (if possible with a note explaining you'd prefer to discuss salary in person, care not to diclose, etc)
There are pros and cons to each option, the point is to find a way to be somehow truthful while presenting yourself in the best light, and balancing the downsides to which choice you make.
answered Nov 8 '12 at 6:27
Jessica Brown
1,4531222
1,4531222
add a comment |Â
add a comment |Â
up vote
1
down vote
Just to add something here - never mention your salary. Instead, mention your total compensation.
Let's assume your salary is ã30,000.
Your employer also gives you
- 15% on target bonus (ã4,500)
- 10% pension (another ã3,000)
- Healthcare (worth ã1,500)
- Discount gym membership (call it ã600)
- Travel loan (saves you ã100)
- etc etc.
All of a sudden, your total compensation is worth ã40,000!
With your new job, the salary may be higher, but they don't offer health insurance or gym membership - in that case, is it still worth taking the job?
Mention to the recruiter the total package - and explain that you'd want X% more. That could be via salary, bonus, company car, etc.
If you decide to discuss current remuneration this is the best strategy, but make clear this is total compensation, don't call it your current salary - don't lie to a potential employer
â mattumotu
Jun 15 at 10:22
add a comment |Â
up vote
1
down vote
Just to add something here - never mention your salary. Instead, mention your total compensation.
Let's assume your salary is ã30,000.
Your employer also gives you
- 15% on target bonus (ã4,500)
- 10% pension (another ã3,000)
- Healthcare (worth ã1,500)
- Discount gym membership (call it ã600)
- Travel loan (saves you ã100)
- etc etc.
All of a sudden, your total compensation is worth ã40,000!
With your new job, the salary may be higher, but they don't offer health insurance or gym membership - in that case, is it still worth taking the job?
Mention to the recruiter the total package - and explain that you'd want X% more. That could be via salary, bonus, company car, etc.
If you decide to discuss current remuneration this is the best strategy, but make clear this is total compensation, don't call it your current salary - don't lie to a potential employer
â mattumotu
Jun 15 at 10:22
add a comment |Â
up vote
1
down vote
up vote
1
down vote
Just to add something here - never mention your salary. Instead, mention your total compensation.
Let's assume your salary is ã30,000.
Your employer also gives you
- 15% on target bonus (ã4,500)
- 10% pension (another ã3,000)
- Healthcare (worth ã1,500)
- Discount gym membership (call it ã600)
- Travel loan (saves you ã100)
- etc etc.
All of a sudden, your total compensation is worth ã40,000!
With your new job, the salary may be higher, but they don't offer health insurance or gym membership - in that case, is it still worth taking the job?
Mention to the recruiter the total package - and explain that you'd want X% more. That could be via salary, bonus, company car, etc.
Just to add something here - never mention your salary. Instead, mention your total compensation.
Let's assume your salary is ã30,000.
Your employer also gives you
- 15% on target bonus (ã4,500)
- 10% pension (another ã3,000)
- Healthcare (worth ã1,500)
- Discount gym membership (call it ã600)
- Travel loan (saves you ã100)
- etc etc.
All of a sudden, your total compensation is worth ã40,000!
With your new job, the salary may be higher, but they don't offer health insurance or gym membership - in that case, is it still worth taking the job?
Mention to the recruiter the total package - and explain that you'd want X% more. That could be via salary, bonus, company car, etc.
answered Apr 8 '14 at 8:47
Terence Eden
10.3k43350
10.3k43350
If you decide to discuss current remuneration this is the best strategy, but make clear this is total compensation, don't call it your current salary - don't lie to a potential employer
â mattumotu
Jun 15 at 10:22
add a comment |Â
If you decide to discuss current remuneration this is the best strategy, but make clear this is total compensation, don't call it your current salary - don't lie to a potential employer
â mattumotu
Jun 15 at 10:22
If you decide to discuss current remuneration this is the best strategy, but make clear this is total compensation, don't call it your current salary - don't lie to a potential employer
â mattumotu
Jun 15 at 10:22
If you decide to discuss current remuneration this is the best strategy, but make clear this is total compensation, don't call it your current salary - don't lie to a potential employer
â mattumotu
Jun 15 at 10:22
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10
Read this - kalzumeus.com/2012/01/23/salary-negotiation
â Elysian Fieldsâ¦
Nov 6 '12 at 15:40
3
Please consider if this question is a duplicate of Does the first person to mention a number in a salary negotiation lose?
â jcmeloni
Nov 6 '12 at 17:15
2
@jcmeloni I think the difference between my question and that one is that my focus is more on an impersonal form, rather than a conversation where negotiating can be conducted
â Dibstar
Nov 7 '12 at 8:50
See also: How can I determine a reasonable salary to ask for? Knowing what you're worth is half the battle.
â Dukeling
Nov 15 '17 at 5:06