How to negotiate starting salary (mega-corps)?

[Dr.bannedman]

Hey dudes:

I'm in the process of getting courted by a multinational corp...

This is my first big big boy job.. its in research/development ag...

Have b.s., ms. and phd... and experience in the industry.


They asked my salary range as a part of the onboarding process...

I said at least 100k.

could yall give me some tips when it comes to negotiating salary/benefits?

Thanks

 

[KnappShack]

Know your worth. Know the salary midpoint and range for the job.

Then stick to it. Because they also have this info.
I had an employee come in and tell me exactly what she wanted for a salary and said she did her homework. She came in about $20k less than I was going to pay.

Her starting salary was exactly what she said she was worth.

 

[3TrueFans]

Know your worth. Know the salary midpoint and range for the job.

Then stick to it. Because they also have this info.
I had an employee come in and tell me exactly what she wanted for a salary and said she did her homework. She came in about $20k less than I was going to pay.

Her starting salary was exactly what she said she was worth.

Damn you ****** her.

@Dr.bannedman don't let @KnappShack **** you too, tell them you want to be Bezos rich.

 

[Dr.bannedman]

Know your worth. Know the salary midpoint and range for the job.

Then stick to it. Because they also have this info.
I had an employee come in and tell me exactly what she wanted for a salary and said she did her homework. She came in about $20k less than I was going to pay.

Her starting salary was exactly what she said she was worth.

tried to look up the salaries on glassdoor but there wasn't any listed.

 

[KnappShack]

Damn you ****** her.

@Dr.bannedman don't let @KnappShack **** you too, tell them you want to be Bezos rich.

Exactly right. Employers will and do **** you.

So don't let them get in the first pump

Know your price. Be firm, but willing to negotiate. If they want you they will work to make it right.

.....or they'll give you the KnappShack treatment, *******

 

[KnappShack]

tried to look up the salaries on glassdoor but there wasn't any listed.

You gave them a number so you must have some idea. If they give you the $100k will you take it?

Then you've set your worth. Just like my employee. SHE set her worth and I was happy to oblige

 

[JM4CY]

Hey dudes:

I'm in the process of getting courted by a multinational corp...

This is my first big big boy job.. its in research/development ag...

Have b.s., ms. and phd... and experience in the industry.


They asked my salary range as a part of the onboarding process...

I said at least 100k.

could yall give me some tips when it comes to negotiating salary/benefits?

Thanks

If you’re packing a cannon, unzip it and slap it on the table during negotiations.

 

[cowgirl836]

PhD you're worth more than 100k. Talk to your advisor to get ideas too. Any friends, colleagues in the space.Generally try to not give your number first. I counter with what is the range you are working with on this position. My salary is dependent on knowing more about the role, responsibilities, and total compensation package.

 

[cowgirl836]

Like off the cuff semi knowing that space and your degrees you should be 120 plus. Any managerial responsibilities? If you can't find direct comps, look at positions above and below. You are research scientist. Look at research associates, research director etc. To fill gaps. Ag tries to pay ****** but you're a seemingly competent white guy so you'll get more.

 

[Sigmapolis]

you're a seemingly competent white guy so you'll get more.

I laughed because it's true.

 

[Dr.bannedman]

Like off the cuff semi knowing that space and your degrees you should be 120 plus. Any managerial responsibilities? If you can't find direct comps, look at positions above and below. You are research scientist. Look at research associates, research director etc. To fill gaps. Ag tries to pay ****** but you're a seemingly competent white guy so you'll get more.

No managerial. mostly working alone (home based). but it does come with a truck, cell etc.... i am in fact a white dude

 

[Cyinthenorth]

Know your worth. Know the salary midpoint and range for the job.

Then stick to it. Because they also have this info.
I had an employee come in and tell me exactly what she wanted for a salary and said she did her homework. She came in about $20k less than I was going to pay.

Her starting salary was exactly what she said she was worth.

If she was any good at the job, I hope you brought her up to where she should be fairly quickly.

 

[cowgirl836]

No managerial. mostly working alone (home based). but it does come with a truck, cell etc.... i am in fact a white dude

Travel? If it's sales-y you'll want to know commission structure.

 

[PSYclone22]

No managerial. mostly working alone (home based). but it does come with a truck, cell etc.... i am in fact a white dude

If they're discussing salary they want to hire you, keep that in your mind when giving them the numbers. It's rare that someone offers a number so high that the hiring manager says "actually no thanks". They'll push HR to go above thresholds if they have to.

 

[cowgirl836]

This thread is example A of why you should talk salary with friends and coworkers. Employers have the info and use it to their advantage. Do the same.

 

[Mr Janny]

If you've got bs, ms, PhD and experience, lean on it hard. I'd imagine candidates like that don't grow on trees. Don't be modest in asking for what you want, but be prepared to tell them why you're worth it. And not just with generalities, either. Be specific.

 

[cowgirl836]

If they're discussing salary they want to hire you, keep that in your mind when giving them the numbers. It's rare that someone offers a number so high that the hiring manager says "actually no thanks". They'll push HR to go above thresholds if they have to.

Yep. My last change my ask went beyond their range (and imo was a crazy ballsy ask 15k over what I actually wanted) but I ended up 5k over my ideal starting and have 10k in retention bonus if I stay a yr. They'll get creative if they want you.

 

[Dr.bannedman]

Travel? If it's sales-y you'll want to know commission structure.

not sales based but is market development for a large region. will be traveling quite a bit in the growing season

 

[KnappShack]

If you've got bs, ms, PhD and experience, lean on it hard. I'd imagine candidates like that don't grow on trees. Don't be modest in asking for what you want, but be prepared to tell them why you're worth it. And not just with generalities, either. Be specific.

Anyone ever flat out ask what the midpoint is for the job?

I don't see harm in asking that. If you get a ****** response it might be a place to avoid altogether

 

[bawbie]

You gave them a number so you must have some idea. If they give you the $100k will you take it?

Then you've set your worth. Just like my employee. SHE set her worth and I was happy to oblige

As a hiring manager thats a dangerous game to play, if you are concerned about employee growth and retention.

I would also add that, in general, the hiring manager generally has very little say over salary (at least in my experience). in my company the HR department handles that completely.

Second thought - often there's more leeway on a hiring bonus than there in on salary. There's usually some give on salary, but it has to fit with the rest of the team. It's not a good idea to bring on a new grad at a higher salary point than a 10-year veteran for a similar position.