Working Moms

Negotiating question

Hi all,

Is it in poor taste to want to re-negotiate a salary you have verbally agreed to when you realize the benefits offered are below what your benefits at your current job are? I have not signed the contract yet, but I have verbally agreed to the salary amount. The benefit details were not disclosed until after they formally offered me the job.

For example: insurance is higher, no stock options, which at current job yield pretty good money, 401k matching is less. Also, at current job I have 4 weeks/yr of PTO, this job is offering 2wks for first 2 years. Again, I did not know this beforehand.

Thank you!

Re: Negotiating question

  • I don't have experience in this area, but I would think if you have only agreed to the salary, the benefits package would still be negotiable, wouldn't it? Have you already put in notice at the old job?
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  • Thanks for your reply.

    No, I have not given my notice. However, benefits tend to be set in stone....as in the ins premium, no stock options etc....so really the only way to make it even is to increase the salary, I think. That's why my question was, if it's in poor taste to re-open the salary negotiations, even though I have already verbally agreed to a salary.
  • Benefits are non-negotiable where I work so you'd have to negotiate through salary. I don't have any experience with that.

  • The same thing happened with me when i for my current job. I asked for more and explained why and got it.
  • I don't think its in poor taste. You're negotiating for a full package, which includes benefits. If benefits weren't what you're expecting, it's completely okay to say "whoa, I would be losing money here."
  • MommyAtty said:
    I don't think its in poor taste. You're negotiating for a full package, which includes benefits. If benefits weren't what you're expecting, it's completely okay to say "whoa, I would be losing money here."
    This exactly. I'm in a unique industry where our benefits are not as good as other competing industries. For that reason I know a lot of people at the corporate level negotiate for more money up front to compensate. 


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  • MommyAtty said:

    I don't think its in poor taste. You're negotiating for a full package, which includes benefits. If benefits weren't what you're expecting, it's completely okay to say "whoa, I would be losing money here."

    This. I would go back and renegotiate your salary and tell them why!
  • I agree with above. I would also try to neg. more than 2 weeks PTO.  A blend of cash and non-cash benefits may put you in a stronger position to negotiate.
  • Thanks ladies. I will definitely try to get the PTO gap closed and ask for the difference in ins premiums. But, do you feel it's too much to ask for the missed income on stock that I have with current company? The new company has no stock options. I averaged what I've made in stock per year, and wanted to see if I could negotiate increasing the salary by what I'll be missing. But, I also don't want to start on "the wrong foot". Is that too much?
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