Prepping for an offer!

Prepping for an offer!

Hey FGB community! I've been in a really lousy job for the last year or so and have been trying to stick it out. Recently, I realized I'm wasting my time waiting for things to change and took matters into my own hands. I started interviewing with a company that seems like the real deal. I would be able to do the same job I am doing now, but crosses off all the items on my wish list as far as company culture. I'm really excited about the opportunity and the final round interview is this week. I feel very hopeful that this will lead to an offer, so I was wondering if anybody had some advice on negotiating a good deal for myself. In the past, I've been too afraid to try and have been taken advantage of, so I was wondering if anybody can point me in the direction of what to ask for and how to ask it? Appreciate any help you can give!

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  1. Anonymous

    I just did this recently with a new job, and received my negotiation salary! I actually used this article to help me: https://fairygodboss.com/career-topics/negotiate-salary

    My favorite point is the when: negotiate when they make the offer. I said that after reviewing the job responsibilities and the skills I will bring to making the role improvements, that I deserve (blank) amount. Also building your confidence!

    How are you thinking of preparing yourself for this conversation? Best of luck!

  2. Anne Krook

    It's all about research and data. Find out what that job pays in your area, and find out where you are relative to the qualifications for the job (top / middle / bottom third is plenty specific enough). Then negotiate on that basis. Ask for compensation solidy in the top third of the range, and negotiate: "You have offered me X, but with my experience and skills this job in this area pays $X10K - $X15K. As with buying a new car, know when you are prepared to walk away, especially if they can tell you really want the job. Good luck!

  3. Joan Williams, Senior Talent Acquisition Specialist

    I'm not sure if/how this has ever worked for you. I read on this site every day about how "I gather my research, present to them how much I think I'm really worth and that I want to negotiate higher comp for myself" - but that's just not the reality I and many (most?) recruiters live in.

    We want to get candidates as much as we can. First because it's the right thing to do and second, so they accept the offers we get them.

    But unless you work in a really, really small company, we're working with salary bands. Even when I worked for other clients who had a bit more flexibility, you're still working with salary bands and with trying to maintain internal equity. We have to work within THAT company's salary bands. We do not work within other company's salary bands.

    Say the salary band is $90k to $110k and they made you an offer at $100k. Which is right on target because HR generally never lets an offer go out above mid-point of the range.

    You do your research and you've convinced yourself that you're worth $120k, in no company that I have ever worked at are they going to come back to you with an offer of $120k.

    So more power to those folks if they are able to gather their research and negotiate more for themselves but that's not happening with the majority of companies. I am not saying don't negotiate. What I'm saying is you need to know what parameters you can/should negotiate within.

  4. Anonymous

    Hi Joan, I really appreciate your insight through out this post. If I know the range that they're looking at, and I know I need to be in the higher portion of that range in order to make it work (knowing I'm EXTREMELY qualified for this role in a very niche market.) Do you recommend I counter an offer asking for the top number that was discussed with me? Should I shoot slightly higher so that they might counter? I don't want to shoot too high and be laughed out of the room, but I will not be able to take the position at the bottom of the range, particularly when I am a top candidate for the position.

  5. Joan Williams, Senior Talent Acquisition Specialist

    YOU SAID:

    Do you recommend I counter an offer asking for the top number that was discussed with me?

    Can you be more specific? What's the range? What was the top number that was discussed and what are you looking for?

  6. Heather Cutler

    There's an EXCELLENT book by Chris Voss, a former FBI hostage negotiator, called "Never Split the Difference." There's a wonderful section on salary negotiations that could be beneficial. Best of luck!

  7. Laura Leach

    I love that book!

  8. Anonymous

    Such an exciting time! Do a little research on typical salary range for the position you are applying for. (take into account-Industry/location/experience) Ask for what you believe you are worth. No need to be afraid. It will be a yes or a no but at least you wont have the regret of not trying

  9. Anonymous

    You need to research tge market abd find out what the title translates to in your area and what the range is for the title & responsibilities nationwide. You can then compare the written offer to market value

    Aside from compensation, ask to review the benfits offered along with details on 401K match abd other perks.

    Confirm that your understanding is correct with regards to the job description to ensure its apples to apples.

    Finally, understand remote work flex, work schedule and pto.

  10. Laura Leach

    I love all the comments below. I give a free webinar to many nonprofits on salary negotiation. Here is some of my talk track:

    Since you really only have one shot in this negotiation process, it's vital that you make sure you have everything outlined.

    Ask yourself: What is the market value of the role? What did you learn about the scope of the role? What do you need to make you happy?

    Some other things that you can negotiate besides base salary that can increase your position.
    Sign-on bonus
    Annual bonus
    Equity like shares or stock options
    Paid time off
    Covered expenses for a home office, childcare, or transportation.
    AND/OR a higher title that could help you in your future roles.

    When I help negotiate, I like to lay out three options for my counteroffer. AKA Chris Voss, "Never Split the Difference."
    The first option is something you would be ok with if they gave it to you
    The second option is what you really want
    The third is kind of ridiculous and won't even be considered —most likely, they will throw it out.

    This puts the decision back on the company with the appearance of giving them control, but you have already narrowed the options in your favor.

    You've already said yes to the first two options you laid out.

    Here are some do's and don'ts when it comes to negotiating an offer.
    Don't accept too quickly. You want time to build your case for negotiating, which may take a bit of time to gather data. Ask for a day or two to review the offer.

    You do want to be gratuitous and show gratitude and authentic excitement for the opportunity.

    Don't think this is a win-lose situation, and it needs to be mutually beneficial for both sides. Ask for what you deserve, not demand.

    Happy Humble & Hungry

    I hope this helps!

  11. Anonymous

    THANK YOU THANK YOU. In my current position I didn't negotiate anything at all. However, some of the things that you've listed (PTO being a big one) are some of the reasons I'm seeking other employment. In terms of the Never Split the Difference approach, if/when I receive an offer, do I counter with the ridiculous amount? Do I counter with what I actually want?

  12. Joan Williams, Senior Talent Acquisition Specialist

    In most companies that I've worked for, PTO is not negotiable. It's company policy and the same for everyone except for very senior executives.

  13. Joan Williams, Senior Talent Acquisition Specialist

    So, here's my two cents. I'm going to preface my answer with a reminder that this stuff is all my opinion - I'm sure you could ask 4 other people and get 4 other different opinions. And that while I am a recruiter, this is my answer on what I do as a candidate. I generally – about 95% of the time - discuss compensation on the first call with them. If I'm going to move forward, I really want to know what the comp is - it doesn't have to be one specific number but I want to make sure we're in the same ballpark. If I don't know the comp after the first call, it's probably because I've asked and they haven't told me. I always discuss comp on the first call with my own candidates.

    So, personally, my goal is not to either low ball or high ball myself. Money is important - there's plenty of places I could be doing volunteer work if I wanted to - but it's not the end all and be all for me. I do want to get as much as I possibly can but it's not the only thing I base my decision on.

    You want to try to get them to tell you the comp first.

    There are a couple of different ways you can go about this. You can ask them about the comp before they ask you. You can ask "what is the salary range for this position" and then you can ask "what is the target salary" (they're not the same thing) or you can just ask what the target is.

    Say the salary range is $80k to $120k - HR usually never lets an offer go out above the midpoint of the range, so $100k. The target might be $95k.

    Or, my preferred method is to wait for them to ask me what I'm looking for and instead of telling them, I ask them the questions above. I say "what's the range for this position?" and then shut up. Do not say one word until they tell you.

    Then you can have whatever conversation you want with them.

    The reason this is my preferred method is, if you ask them first, then they can come back with "how much are you looking for?" And unless you want to ask them again what their range is, you'll probably kind of have to answer that question about how much you're looking for first.

    I just had this happen this week - I got to the end of the first phone screen and the recruiter had not brought up comp. So I asked her what the range for the position was. She said she wasn't sure - which I am 99.5% sure is pure BS. I have never in my life worked on a position where I didn't know what the comp range was. And this is a major company - so there's a salary range.

    She said she wasn't sure what the range was and asked me what I was looking for (see, that's why this is not my preferred method). I told her I couldn't possibly answer that question until I knew more about the position, the benefits, if there was a bonus structure.

    I know you're probably reading on this site every day about how "I gather my research, present to them how much I think I'm really worth and that I want to negotiate higher comp for myself" - hell, there's probably some of those in the answers right here in the comments on your post - but that's just not the reality I and many (most?) recruiters live in.

    We want to get candidates as much as we can. First because it's the right thing to do and second, so they accept the offers we get them.

    But unless you work in a really, really small company, we're working with salary bands. Even when I worked for other clients who had a bit more flexibility, you're still working with salary bands and with trying to maintain internal equity. We have to work within THAT company's salary bands. We do not work within other company's salary bands.

    Say the salary band is $90k to $110k and they made you an offer at $100k. Which is right on target, mid point. You do your research and you've convinced yourself that you're worth $120k, in no company that I have ever worked at are they going to come back to you with an offer of $120k. That's 20k over their target and 10k over the top of the salary band. Which you should have some idea about if you've already discussed comp.

    So more power to those folks if they are able to gather their research and negotiate more for themselves but that's not happening with the majority of companies. I am not saying don't negotiate. What I'm saying is you need to know what parameters you can/should negotiate within.

    Now, all that being said, also be aware that this can all blow up in your face. It shouldn't happen but it does.

    You need to decide for yourself what your deal breakers are.

    This just happened to me as a candidate: I just recently had a situation when a company that I was very interested in extended a verbal offer to me. I had discussed their target salary with the hiring manager previously and it was honestly a bit on the low side - not that I wouldn't have accepted the offer. I was interested in the company, that's the reason I moved forward in the process.

    The HM extended the verbal and I asked the her if there was any wiggle room on the base. Then I asked about the bonus - I would not see any money from the bonus for approximately a year and a half so I asked if there was any possibility of a sign on bonus. I also asked her if she could send me a copy of the benefits package - to which she replied that she usually sends that with the written offer letter.

    Which I thought was REALLY weird. I send candidates out our benefits info after my first call with them. The idea that a candidate would not get a look at the benefits package until they've verbally accepted the job was extremely off putting. What are they trying to hide?

    Now mind you, I did not demand anything from the HM - I asked if there was any wiggle room. This conversation happened on a Thursday afternoon. I expected to hear back from her Friday or maybe Monday at the latest. By Tuesday or Wednesday afternoon (I really can't remember which), I still had not heard from her. So I called her.

    By this time, I had already decided that even if I was offered the job - even at a higher base or with a sign on - that I would never accept. I would never want to work for a person who was so unprofessional. Who extends an offer to a candidate and then ghosts them? Not anyone I'm interested in working for.

    When I spoke with her, I didn't call her out on her ghosting or her unprofessional behavior.

    Now if I had accepted the position, I would be the person negotiating compensation with candidates on behalf of the company. Why would they want someone to work for them - who was responsible for negotiating - that wouldn't/couldn't negotiate?!

    Now I could look at this whole situation two ways:
    1. I blew up an offer by asking if there was any wiggle room on the base or any possibility of a sign on bonus.

    OR

    2. By asking about those things, I forced this hiring manager to A. reveal what kind of a boss she would be and B. what my job would be like recruiting for this company. Would she get her knickers all in a twist every time a candidate asked what I did?

    The thought also crossed my mind, would she be this unprofessional (she didn't even have the courtesy to withdraw the offer) and so bent out of shape if I was a man asking if there was any wiggle room?

    I consider this a bullet dodged and am very glad I found out the truth before I accepted the position.

    Don't rely on Glassdoor for comp info when doing research - there are other sites more data driven. Try Payscale and Salary - both use data provided by employers.

    Here's an article by the awesome Kristen Fife - anyone interested in salary negotiations or in a job search should follow her on LinkedIN for a perspective from a real life recruiter's point of view:

    Let’s Talk Offers, Salary Negotiation, and Compensation
    https://www.linkedin.com/pulse/lets-talk-offers-salary-negotiation-compensation-fife-she-her-hers-/

    I think my best advice on negotiating is not to be afraid. Yes, sometimes it can blow the deal up - as recently happened to someone on here - who was truly devastated.

    Even though negotiating comp is part of my job, it used to be harder for me to do it for myself.

    I get a lot of calls from offshore recruiters for positions that I'm not interested in. I negotiate with them all the time - negotiating for a position I don't want has been great practice and has made me pretty fearless about it.

    Please let me know if you have any questions.

    GOOD LUCK and keep us posted on what happens!!!

  14. Karen Gongaware

    Why have you been afraid to ask for what you want/need? We can give you all the advice in the world but if you don't believe in yourself or are afraid to speak on your own behalf, nothing will change. No one can take advantage of you if you don't allow it. Know your worth. Look up salaries for the position with the level of responsibility you will have. Put your best offer out there, negotiate from strength. They have a budget, ask them what it is. I don't mess around anymore when it comes to compensation for my knowledge. I know what I need to survive (who wants to just survive) and what I want to be happy.

  15. Anonymous

    I've tried looking it up, but the salaries that are shown aren't exactly for the position I'm looking at, it's a really niche field. However, I do have an idea of the range from the recruiter and I am MORE than qualified for the role so I'm going to shoot for the top of that range. Do you recommend I ask for the top? Ask for a little above?

  16. Michelle Hoffman

    If the recruiter is outside of the company use them for information. They are given a commission for bringing you to the table and getting hired. They are also judged if they keep bringing people tot he table who aren't qualified or stay - so they will should give you good sound advice. The other thing is see what they offer. Then decide if it is worth it or you would like additional dollars. Get a spreadsheet together and put your current salary in the spreadsheet. Then multiply that line by the standard yearly increase to see what your new yearly salary would be. Continue that on for several years. When the offer comes in this will tell you how long you would need to stay at your current job to get to that level. Typically for a same job change anything 10% or above is good. If it is higher than 20% ask yourself why? Were you that grossly underpaid - or is there something you missed in the new position that you would be doing you aren't currently doing? Also note if you acquired a degree or certification while in your current job that could definitely be cause for a large increase in the new position.

  17. Anonymous

    First, why stay with something to stick it out ? It’s not fair to you and the employer. Ask the new company up front , what is the salary range? Why the apprehension?

  18. Anonymous

    I think the apprehension comes from the fear of missing out on the opportunity. I am really struggling in my current position and at a point where I really would want to move, and fast. I have other irons in the fire, but of those irons this one really has what I'm looking for! I just want to make sure I don't lose the opportunity, but that I also don't get taken advantage of.

  19. Anonymous

    Then ask for the salary/compensation plan.

  20. Lesa Edwards, Career Coach & Master Resume Writer

    1. Know what the market will bear - do your research to find out the range for this job in your geographic area

    2. Determine where you fit within that range - do you have high-demand skills that would move you towards the top of that range?

    3. Select a starting number - typically 15-25% higher than where you want to end up in point #2

    4. Determine your walkway number - the number below which you would almost certainly continue to look for a better job or have to supplement your income

  21. Anonymous

    The walkaway number is really interesting! If the offer comes in below the walkaway offer, do I try to bring it back up or do I take it as an indicator that they want to take advantage?

  22. Lesa Edwards, Career Coach & Master Resume Writer

    Great question! The walkaway number is at the end of negotiations - you've done all you can to get the number up, they've done all they can to get you to accept the job at a certain number. If that number is at or below your walkaway...you walk away!

  23. Joan Williams, Senior Talent Acquisition Specialist

    Just because the salary range is not where you would like it to be, doesn't mean they're trying to take advantage. Some companies have lower salary ranges - like non-profits.

  24. Huong Nguyen-Valle

    I am sorry I have no advice but I want to say congrats on leaving a lousy job! You deserve so much more than a horrible work place.

  25. Anonymous

    Thank you thank you!

  26. Anita Getz

    Research the company, look on Glassdoor. Research salary ranges for the position. Be sure you weigh the pros and cons to this position. Good luck

  27. Anonymous

    I appreciate your advice. I did get some insight on the range in the original call and I would definitely need to get somewhere in the higher portion for it to be beneficial to me. However, I have all the necessary skills for the job, which is very niche. I'm hopeful I'll be able to negotiate something!

  28. Michelle Hoffman

    Depending on how long you have been in the business world in your current field. You could always ask for an extra week of vacation. It seems that 10 years in the exact field you are in and will be in at the new company you should ask for 3 weeks instead of the 2 they will probably offer. The justification/argument for the extra week. It will not cost the new company any additional money. They are already paying you - it just gives you an extra week to reset.

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