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Ask HN: How do you deal with a low ball salary offer?

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Ask HN: How do you deal with a low ball salary offer?

#1
A friend of mine is starting a position at a new startup whose founder is a former colleague of him. He recommended me, we had a quick interview and I've already received an offer.

As the title says, the salary is almost half of what I'm earning at my current job so clearly I'm not considering it, but before rejecting the proposal it'd be nice to give it a shot and see if they can improve the offer. I'm pretty burned out from my current job and it'd be great to move to another place.

Have you dealt with a similar situation? How do you handled it and what was the outcome?

Re: Ask HN: How do you deal with a low ball salary offer?

#4
Unless your current salary is extravagantly high this means that either they think your desperate or they are low paying as a matter of policy/financial situation, or they do not want you to actually accept. All these options are not good for you.

So I would thank them for their consideration, politely decline, and move on.

Re: Ask HN: How do you deal with a low ball salary offer?

#5
You're assuming you have two options:

1. Stay at current, unpleasant job. 2. Take a huge paycut.

But there are other jobs. So what you do is, you start applying elsewhere, and meanwhile you try to negotiate with the startup.

The chances are that they won't go up that much. That's OK, you can:

1. Stall them, and use existing offer for negotiating with another company that gives you an offer. Even just mentioning you have another offer is helpful.

2. Negotiate for something else. "Hey, this is 50% less than my current salary. Would you be willing to raise it by 20% and then have me work 4 days a week?" I haven't done the math to figure out if this makes sense, but there might be some combination of hours and higher offer that might work for you. Most startups are unlikely to say yes, but I have successfully worked shorter work weeks at startups.

Re: Ask HN: How do you deal with a low ball salary offer?

#7

Unless your current salary is extravagantly high this means that either they think your desperate or they are low paying as a matter of policy/financial situation, or they do not want you to actually accept. All these options are not good for you. So I would thank them for their consideration, politely decline, and move on.

Why would they give an offer if they want him to reject it?

Re: Ask HN: How do you deal with a low ball salary offer?

#9

Even if you work for a FAANG or another company that pays you a top salary now, an offer for half that means they do not want you. Just tell them "no thank you". do not waste your time.

They mentioned it's the salary at a startup. It might be that the offer includes equity and they are only focused on salary. It might just be that the company compensation model is different from what they are looking for.
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