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Common mistakes in salary negotiation

interviewing.io

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Re: Common mistakes in salary negotiation

#11

Post by hydroid7 »

RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

You refuse to do any unpaid "interview project" jobs. I'm not doing any "test projects" that are longer than 4h.

Re: Common mistakes in salary negotiation

#12

Post by asynchronous »

RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

This exactly. Had way too many companies waste my time before revealing a 20-30% increase from my current comp was too much.

Re: Common mistakes in salary negotiation

#13

Post by itsoktocry »

Not talking about your salary history is a decent tip.

But negotiation isn't rocket science: you need to be thoughtful and honest to yourself and come up with an aspirational number (what you want, best case) and a floor (which you will not go below). Any number in between should be acceptable to you, by definition.

I find the hardest thing for people is being honest about the floor and being willing to walk away.

Re: Common mistakes in salary negotiation

#14

Post by photonerd »

lotsofpulp wrote: post #10
RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

Only apply to businesses that advertise pay range, or at least a minimum pay, in their job listings. It is the law in CO/NYC/WA/CA, so all the highest paying businesses have to comply anyway, and any business that wants to compete with them will have to advertise pay range also. Thus if a business does not advertise pay ranges, you can assume it will not be on the high end, at least not competitive with pay in the ab…

A lot of businesses post stupid ranges.

Like, ok your range is $150-250k, fan-fucking-tastic, that’s completely unhelpful

Re: Common mistakes in salary negotiation

#15

Post by operatingthetan »

cratermoon wrote: post #8
RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

> How do you avoid wasting your time doing interviews Simple. Only interview with companies you'd like to work with so much that you'd be willing to negotiate from a starting offer 2/3rds of what you want. When your interest in the company is sufficient, you'll be motivated to tell them that their offer is "a good starting point for discussion" and then make a counter-offer or ask for additional vacation, bonuses, or…

>Simple. Only interview with companies you'd like to work with so much that you'd be willing to negotiate from a starting offer 2/3rds of what you want. When your interest in the company is sufficient, you'll be motivated to tell them that their offer is "a good starting point for discussion" and then make a counter-offer or ask for additional vacation, bonuses, or whatever you value.

This would only work in a hot market, for a desirable candidate. Not everyone has the luxury of interviewing places they really want to work at any cost.

Re: Common mistakes in salary negotiation

#16

Post by deprecative »

hydroid7 wrote: post #11
RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

You refuse to do any unpaid "interview project" jobs. I'm not doing any "test projects" that are longer than 4h.

If they want my labor they can pay for it as far as I'm concerned. We all know it won't have anything to do with day to day responsibilities anyway.

Re: Common mistakes in salary negotiation

#17

Post by photonerd »

cratermoon wrote: post #8
RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

> How do you avoid wasting your time doing interviews Simple. Only interview with companies you'd like to work with so much that you'd be willing to negotiate from a starting offer 2/3rds of what you want. When your interest in the company is sufficient, you'll be motivated to tell them that their offer is "a good starting point for discussion" and then make a counter-offer or ask for additional vacation, bonuses, or…

> Only interview with companies you'd like to work with so much that you'd be willing to negotiate from a starting offer 2/3rds of what you want.

So… literally no-where then? Because anywhere that would offer 2/3rds is not a company I’d want to work for.

Re: Common mistakes in salary negotiation

#18

Post by azemetre »

RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

If it's a well known company, I've found sites like levels [1] to be very informative and accurate. Otherwise I always just ask in the initial calls, no reason to beat around the bush. If you know what you want, you can ask what the salary range is and decide if it's worth it from there.

[1] https://levels.fyi/

Re: Common mistakes in salary negotiation

#19

Post by gabereiser »

RandallBrown wrote: post #4
RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

The article just avoids that problem. > very few companies pay so much below market that it would be a nonstarter I don't really agree with that statement as my experiences have been different.

Because the marker is relative. What’s crap pay to you is a golden opportunity to others. Experience is relative as well. They may not have the experience and the company doesn’t care about that, only to fill the seat. Don’t take it personally.

Re: Common mistakes in salary negotiation

#20

Post by deprecative »

cratermoon wrote: post #8
RhodesianHunter wrote: post #2

How do you avoid wasting your time doing interviews with companies that have no intention of paying you what you expect without disclosing some form of salary range upfront? I've generally taken what I want to make in the role and added 20% to it as a starting point. While this might limit me, it also keeps me from doing 100 onsite interviews only to discover their max is 2/3 of my expected comp.

> How do you avoid wasting your time doing interviews Simple. Only interview with companies you'd like to work with so much that you'd be willing to negotiate from a starting offer 2/3rds of what you want. When your interest in the company is sufficient, you'll be motivated to tell them that their offer is "a good starting point for discussion" and then make a counter-offer or ask for additional vacation, bonuses, or…

This may seem like I'm being dismissive but I don't want to work anywhere. I work because I have bills that need to be paid. I don't derive enjoyment from making other people wealthy. I legitimately cannot think of such a state as enjoying work nor enjoying working at any given company in particular.

Do you, and if so how did you cultivate that? If you don't mind answering.

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