Never negotiated a job offer and plan on doing so in the coming weeks. I want to hear what the War Room has to suggest!
rsamm
Best way to negotiate a job offer?
7
Look at market rates for similar roles, adjust for standard of living in your area. Take your budget for living and add significant cushion.
That should give you a baseline in terms of pay. Then think about perks you need (bennies) plus fitness, wfh, pto, etc. and add those in.
Then Google best perks & comp plans for similar companies and see if you can squeeze any of them in.
Lastly, take all of that and increase your number by 25%. Then work your way down.
At least that's how I do it. I don't know what role you're applying for but the number 1 rule of negotiating is don't negotiate against yourself. Make them take ground, don't give it to them. Good luck!
That should give you a baseline in terms of pay. Then think about perks you need (bennies) plus fitness, wfh, pto, etc. and add those in.
Then Google best perks & comp plans for similar companies and see if you can squeeze any of them in.
Lastly, take all of that and increase your number by 25%. Then work your way down.
At least that's how I do it. I don't know what role you're applying for but the number 1 rule of negotiating is don't negotiate against yourself. Make them take ground, don't give it to them. Good luck!
Thank you, Flint. My GlassDoor research has shown thereโs some significant wiggle room.
What do you suggest a good ratio of living costs to income would be?
double at least.
I have always negotiated for more equity/stock. That can always turn into a HUGE payoff longer term than fighting for 10-20k more in salary
Know what you want. Be clear in your Expectations and be prepared to walk away if you canโt come to termsย
Repvue.com has great insight. Glassdoor just falls short for sales
RepVue is badass, just canโt see any managersโ salaries unfortunately :/
Thats fair!
Have some data to backup your numbers.ย
Either industry standards or internal numbers and why your worth the amount you are asking for.
ย A good company will be in the ballpark with their first offer, then usually will budge a bit if you are their guy.ย
Either industry standards or internal numbers and why your worth the amount you are asking for.
ย A good company will be in the ballpark with their first offer, then usually will budge a bit if you are their guy.ย
How'd it go?
We didnโt choose sales. Sales chose us.
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