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Salary expectations questions – How should you answer them? (2020)

fearlesssalarynegotiation.com

101–110 of 164 posts

Re: Salary expectations questions – How should you answer them? (2020)

#101

if submissions like these make you feel like a loser. i'm in germany and make 65k. and yet i can still look myself in the eyes in front of the mirror every morning. so, don't let this drag you down.

FAANG salaries for developers are often double, if not treble, those of upper management where I work.

There's absolutely no reason to feel like a loser on €65k.

In tech it's easy to forget just how lucky we are with salaries.

Re: Salary expectations questions – How should you answer them? (2020)

#102
post #68
post #65

Earlier quoted context omitted.

This is why we Europeans like working at American companies (in Europe)

Now the question is where to find American companies willing to do B2B/freelance contract without location-adjusted bs.

What you call "location adjusted bs" is actually just supply and demand.

The supply of good, experienced software developers willing to work for $100k in the Bay Area is practically non-existent when "normal", nothing-special suburban houses there can go for a couple million. There are a much higher supply of developers willing to work for that in Poland because the CoL is so much lower.

Similarly, a gigantic reason American companies hire overseas in the first place is because wages are lower outside the US. Without that wage differential most of those jobs wouldn't exist.

Re: Salary expectations questions – How should you answer them? (2020)

#103

Earlier quoted context omitted.

The incentive is not to make sure you get the most money. The incentive is to make sure you get placed fast. While $200K vs $220K means a lot to you over the course of your job, they aren’t going to risk losing a placement arguing for you to get $20K more so their firm can get $44K instead of $40k and the recruiter themselves can get maybe 60% of what the firm gets. There was a famous similar study published in Freak…

The thing is, they won’t get the placement if they don’t push to get a $220k offer and the other recruiter does. It’s competitive. It’s a better model than real estate because you aren’t agreed to work with one recruiter.

But only one recruiter is going to be placing you at that job. Two recruiters trying to place you at the same job is radioactive to the company. The company has to decide who gets the referral money. Lawsuits start happening for the one who doesn’t get referral money.

Also most companies who do work with external recruiters only work with one company

Re: Salary expectations questions – How should you answer them? (2020)

#104
post #4

Unless you end up with someone like me who has a budget and always pays the max. I usually ask "what do you expect to be paid" to understand if I'll make them happy or sad when discussing what I'll actually offer. This is not foolproof and has caused some issues with people coming in as very good negotiators and thinking my inability to budge is because I'm being hard-line, when in reality it's because- as mentioned,…

Are you not allowed to disclose salary first? Sorry to be blunt, but if you are allowed, then this sounds incredibly stupid.

someone else replied and then deleted their comment, but i think they made an interesting point that i don't agree with.

they said that someone desperate to get a job will accept a low offer and keep looking for something better. and by asking them for their expectation this could be prevented.

if i am desperate for a job then i am going to give you a lower expected number in the hopes that i'll get the job and then keep looking anyways.

so no, i don't think asking a desperate candidate will help you avoid that problem.

Re: Salary expectations questions – How should you answer them? (2020)

#105

Here's the thing: - the candidate has a range of salary they expect or need - the company has a range of salaries that they can pay If these don't overlap there's no point going forward unless the range of the company is higher. If these do overlap, it's worthwhile proceeding. Then it's a matter of skill. If you apply and ask for the top range in my salary band, and you are truly exceptional, I'll do my best to match…

Nothing is more insulting to someone than knowing in advance that their expectations are far beyond your own, putting them through hours of interviews, then offering half the salary they asked for plus funny money equity. I try to be as up front as possible with my expectations, but I've also got the seniority / experience to match what I'm asking for. Yet, people still try to low ball me as if I'm making up numbers.…

Even if they come back with what you wanted, they'll resent your salary and have inflated expectations above reality

that is something i worry about when i see a high offer. in part it's imposter syndrome, but also a lot of job descriptions are like we want the best, and you are super fast and an excellent this and perfect that, able to work in a high pressure environment, etc.

these claims are so meaningless. they don't tell me anything about what it is really like to work there.

who really wants to work in a high pressure environment with the expectation to be a rock star developer?

Re: Salary expectations questions – How should you answer them? (2020)

#106
post #32

Earlier quoted context omitted.

200 vs 220 is likely noise. The recruiter shouldn’t care about tha2, and neither should you. But £200k vs £400k is real! That’s the real span for e.g. hedge funds in London. Actually, it was a few years ago. Probably more now!

You shouldn’t care about $20K??? In 10 years invested at $20K a year that’s 370k at 10% returns (about average for the S&P 500). Thinking like that is how car manufacturers get people to pay for useless add ons. On top of that, raises are usually a percentage of current base. Would you tell someone making $20K not to worry about $40K

you've not heard of tax?

Re: Salary expectations questions – How should you answer them? (2020)

#107
post #87

One of the places I applied to had a required field with salary expectation. I almost backed out of the whole process. I don’t think it was an accident that it was the very last field in the submission process. I forgot to write down which one it was in my notes. So that’s less data I’ll have if they call me back.

from the applications i looked at at least one third if not half of them had such a field

Re: Salary expectations questions – How should you answer them? (2020)

#109

Earlier quoted context omitted.

You shouldn’t care about $20K??? In 10 years invested at $20K a year that’s 370k at 10% returns (about average for the S&P 500). Thinking like that is how car manufacturers get people to pay for useless add ons. On top of that, raises are usually a percentage of current base. Would you tell someone making $20K not to worry about $40K

you've not heard of tax?

It’s called a 401K or HSA…

One is free from federal and state tax up to $23K (well $30.5K for me this year - check my username) and one is free from Federal, State and FICA up to $4250 if you’re single or $8500 if married.

That means I can shelter $39K from taxes.

That $20K is over half the allowable amount.

Re: Salary expectations questions – How should you answer them? (2020)

#110

Earlier quoted context omitted.

I think another factor I didn't talk about was pay transparency. My state has it and it's slowly expanding so outside of like, Netflix's "100-600k" range you don't really have to play many games here. Know your worth and pick in that range internally. Go above if you really feel you can. I do want to emphasize being careful with current times, though. I've heard of very mild negotiations (were talking a 5k counter of…

I see "know your worth" advice pretty frequently, and I tend to think it is pretty bad advice for software developers. "Your worth" is completely dependent on the business the employer is in, and then of course a lot of that "worth" can be due to the employer already having a huge market (e.g. I've seen small decisions result in multiple millions of additional revenue, but those multiple millions were only possible b…

I think we're in general agreement. I say that's what "know your worth" is about. If you choose a web dev position, you're probably less vital than someone who works deep down in compilers.

Your worth is a mixture of (but not limited to) your expertise and how you sell yourself, the supply and health of the market, and what markets are offering vs. What they can potentially pay. Too many factors to give universal advice. So you'll need to fill in the variables based on your current experiences.

Right now the market is horrible and I'm not a purple squirrel. So I want to take what I can get for now and just focusing on relieving short term debt over long term plans to improve myself.

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