So I got a salary offer from a company I interviewed with and it is the same amount of money I currently make. I would be moving from the Midwest to Seattle (huge jump in living expenses). Using the cost of living calculators, I would need $14000 (approx) more to equal out (just salary). Here are the facts:
- They posted on a field specific professional site that the salary range was $10-30k (those aren't the real numbers but the range is the same, I'll work off these numbers).
- they offered 21k which is what I make now
- I want to ask for 38k in order to allow myself to come down to 35k if needed
- I would be taking a cut in work lifestyle since I would get less PTO, more travel with less reimbursement, worse insurance, hours not as good, no union, which I'm willing to do for the right salary to move to the city.
- they are a small company, less than 50 people, so I am not sure what they can afford.
How should I counter? I'm asking for a lot more than their initial offer, but not too much higher than the highest end they posted. Should I say anything about how they offered me the same $$ I make now? Should I say anything about, I need this much in order to break even with COL increases?
Any advice is super appreciated. TIA!
DD1: IUGR, low AFI delivered at 36 weeks
DD2: IUGR, low AFI delivered at 37 weeks
Re: NBR: any salary negotiating gurus here? I need advice
First of all, congrats on the job!
My DH is in exactly the same situation (see my finger & toes crossed thread). He's been offered a job, but the change in travel means he'll be bringing in less each month.
The main thing is, they're offering you money so they want you. The ball is definitely in your court. I would explain your reasons to them and see if they're willing to offer more. I think if they're offering $21k then $38 would probably be waaaaay out of their range. You may come out with something like $25k if you play your cards right. Remember that your living expenses are not their problem and they have a budget to stick to. If you can justify why you're worth more money to them, they're more likely to give you something.
Good luck!
09/23/11 - Married DH
04/01/13 - BFP at 4wks
05/30/13 - MMC - BO @ 12wks 5d
08/29/13 - BFP @ 4wks 4d
09/17/13 - 7wks 2d - Normal HB Detected! Baby measuring perfect for dates and positioning!
10/23/13 - 12wks 3d - Perfect NT scan! HB 167 & baby wriggling, waving & yawning!
12/17/13 - 20wks 2 d - We're having a beautiful baby girl! Go Team Pink!
05/03/14 - Bobbie Gloria was born at 39+6 weighing 6lb 14oz!
I think it's fair to expect them to take this into account. Here we have what we call "London weighting". Basically if you work in or close to the City, then your salary will reflect the higher cost of living and travel. I once transferred from the North of England to London and my salary automatically went up by £400 a year to compensate. I think it's totally fair for OP to ask for more because of this. However, many companies will expect you to have done the calculations before applying for the job.
With the job I'm in at the moment, they offered me less than the advertised rate. I went back with a counter offer and said that the travel would be more and they basically said that was my problem because I'd applied for the job. They did up it a bit because I had them on the "not the advertised rate " thing, but I got their point.
09/23/11 - Married DH
04/01/13 - BFP at 4wks
05/30/13 - MMC - BO @ 12wks 5d
08/29/13 - BFP @ 4wks 4d
09/17/13 - 7wks 2d - Normal HB Detected! Baby measuring perfect for dates and positioning!
10/23/13 - 12wks 3d - Perfect NT scan! HB 167 & baby wriggling, waving & yawning!
12/17/13 - 20wks 2 d - We're having a beautiful baby girl! Go Team Pink!
05/03/14 - Bobbie Gloria was born at 39+6 weighing 6lb 14oz!
09/23/11 - Married DH
04/01/13 - BFP at 4wks
05/30/13 - MMC - BO @ 12wks 5d
08/29/13 - BFP @ 4wks 4d
09/17/13 - 7wks 2d - Normal HB Detected! Baby measuring perfect for dates and positioning!
10/23/13 - 12wks 3d - Perfect NT scan! HB 167 & baby wriggling, waving & yawning!
12/17/13 - 20wks 2 d - We're having a beautiful baby girl! Go Team Pink!
05/03/14 - Bobbie Gloria was born at 39+6 weighing 6lb 14oz!
ETA: he is interviewing next Thursday within his company.
Other things we have to consider (which jobs don't care about, but really make a difference in how much money we could swing): current daycare is giving us a huge discount on DD once the new baby starts. If we move, we wouldn't have that relationship and therefore sweet daycare deal and that would jump in costs. The housing market here is not so good, so we could be sitting on our house for a little bit until it sells and paying double our mortgage for rent in Seattle.
Again, we are willing to take these lateral moves with a slight drop in perks to get to that area if the salaries are comparable (with COL accounted for), so we are in good positions for negotiating since we don't need to move and will walk away.
I applied for my current position knowing that their range was lower then my last job (leaving management), however there were many personal advantages (closer to home, less expensive insurance, flexibility, etc). I was able to negotiate a sign-on bonus (half received after completion of probation, the second half after 1 year). Although overall it isn't helpful in the long-run, it did help as DH and I adjust.
Is this move important to you and your DH? Is there a way to make the final salary work to get you into a city that you are interested in living and then you can put some time in now for the opportunity to grow financially in the future.
good luck and congrats on the offer!
little chkn born 06/30/11
baby chkn born 04/22/14
05/13
07/13
Definitely ask. Women are apparently notorious for not asking for anything when offered a job and an initial job offer is usually the lowest amount. I am personally terrible about it. But, I just hired someone who we took a huge leap in salary to get her on board.
You should thank them for the offer, tell them you are so excited about the opportunity, and then lay out everything you said in your initial post.
Good luck and let us know how it turns out.
I have several follow up questions, not related to salary. Should I ask those questions without acknowledging salary yet? Should I ask those questions and throw in that I am disappointed with the salary offer in the same email? I was thinking, if I email about the questions I have, without bringing up salary, it should buy me at least 3 days of back and forth starting Monday. Then we can tackle salary which would buy me more time. Thoughts?
ETA: I just want to keep mentioning how much I appreciate the input and opinions. It's hard to find people to bounce ideas off of when you want to keep the offer on the down low.
Don't say disappointed either. Thank them, reiterate excitement, but present the research and expectations that you have regarding salary and why. Make it clear and unemotional. Then see what they come back with. You can then say you need a day or so to think about it.
We had previously discussed in the same interview, what would influence my decision and I said the salary has to work out with the increase in COL. So we beat around the bush a little before the offer came in. I'm wondering if they think I make much less since I work for the public school system.
Edited to break up text.
I think COL is certainly something worth mentioning. My previous employer was quite large and had I taken a position in San Franscisco, my salary would have immediately went up to cover the increase of expenses. As others mentioned, don't express 'disappointment' and don't drag things out.
You're in a good position in that you don't have to settle. Keep things kosher as you don't want to burn a bridge. If it doesn't work out with their budget right now, things could change in the future and you want to remain a viable canidate.
Since you already told them it has to work for the COL, than you can easily go back to them and say that the current offer doesn't cover for the COL increase. Ask for slightly higher than what would cover the COL increase and go from there.
What industry is it?
I'm a BCBA, behavior analyst.