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Negotiating pay

 
forum comment
#0 Negotiating pay
 
Freezing
01.03.14 00:00
 
Hi allSo what do you guys think about ways to manage pay negotiation at the point if being offered a new job?I'm curious to hear how you approach lowball offers and how you decide initially in your own mind a number you feel is 'enough'?Freezing
 
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#0 RE: Negotiating pay
 
EarlyDoors
02.03.14 00:00
 
Be factual and objective. You need to have a specific reason why an offer isn't good enough. That typically needs to be another just as good option.Also, link it with grade. Remember being at the top of a grade means no wage rises until promotion.Don't take too short term about it tho. In reality £2k of a difference makes no difference after a year or so.
 
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#0 RE: Negotiating pay
 
Freezing
04.03.14 00:00
 
Thanks. I'm (potentially) reaching the point of an offer and I am historically horrendous at negotiating pay
 
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#0 RE: Negotiating pay
 
marsday
04.03.14 00:00
 
[quote]Be factual and objective. You need to have a specific reason why an offer isn't good enough. That typically needs to be another just as good option.Also, link it with grade. Remember being at the top of a grade means no wage rises until promotion.Don't take too short term about it tho. In reality £2k of a difference makes no difference after a year or so.[/quote]+ 1
 
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#0 RE: Negotiating pay
 
Dan! Dan! Dan!
04.03.14 00:00
 
I disagree. It's not always as objective as a straight-up £-for-£ comparison against your next-best offer. For example:If you think you might 'enjoy' a new job less than your current one/another offer, but would be willing to accept it for more money, how much monetary value you place on that is up to you.Enjoy in this context might mean[list][*]You've to travel more in your new jobYou've to travel more [i]to[/i] your new job (i.e. commute)The work will be less in line with your interestsetc[*][/list].Vice-versa: If you think you'll enjoy your new job more, how much less are you willing to be paid?If you have relationships/personal equity in your current job, and are giving that up for a new venture, the increase in pay you will require to offset that risk is again subjectiveI could go on...
 
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#0 RE: Negotiating pay
 
marsday
05.03.14 00:00
 
Dan I don't think there is a disagreement here. EarlyDoors is saying calibrate the offer against the hiring company pay scale and knowledge of the industry standards for level of experience/grade etc. With than information to hand you can then off-set the things which you might prioritise, such as culture, development opportunities etc, and factor in how much you could compromise for those things ie how much would they mean to you in monetary terms. But without a baseline of what you [i]should[/i] be asking for, you cant decide what is a good compromise.
 
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#0 RE: Negotiating pay
 
Bushy Eyebrow Partner
05.03.14 00:00
 
The main thing is to choose how much you're willing to do the job for. Current level of pay is irrelevant as far as the new offer goes (the firm may want to know your current rate of pay but it's best not to tell them otherwise they will try to anchor you down with it). Then make sure you don't accept any offer less than that amount. Anything above it is a bonus.
 
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#0 RE: Negotiating pay
 
Dan! Dan! Dan!
05.03.14 00:00
 
marsday,I think we agree that one need both an objective grounding (your point) and a subjective quantification of 'other considerations' (my point) to makes up how much is 'enough' for them to do a given job. I am just assumin OP is more interested in opinions on the latter. Aint much to say about the former.
 
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#0 RE: Negotiating pay
 
Dan! Dan! Dan!
05.03.14 00:00
 
I personally tend to look for jobs that require little proof reading and attention to detail.
 
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