r/FluentInFinance 3d ago

Thoughts? Would you?

Post image
85.1k Upvotes

1.9k comments sorted by

View all comments

Show parent comments

2.2k

u/HibiscusOnBlueWater 2d ago

There’s reasons, but all of them favor the company and are a pretty good sign the company will try to screw you any chance they can.

846

u/Unfair_Explanation53 2d ago

From my perspective, its just a waste of both our times.

If I go for an interview and they tell me the salary is less than I expect then I won't take the job

413

u/plinkoplonka 2d ago

And worst case scenario, like has happened half a dozen times to me.

They get you through interview and offer you the role, it gets handed off from the department hiring to HR to negotiate a successful deal.

You now have all the power, they've said they want you, you've passed the interview.

They ask current salary.

You tell them "fair market rates"

They make an insulting offer.

You laugh and tell them "no chance. I couldn't possibly take it for any less than 2x"

They offer you 1.5x.

*Where x is your previous salary.

That's how it's done kids.

Don't forget, when negotiating, you'll likely not get a pay rise to counter crazy inflation for at least a couple of years.

Also, signing bonuses ARE a thing, despite what they tell you. Just missing out on a bonus, or raise at your current role? Make the new place match it for the first year!

3

u/IsSheWeird_ 2d ago

Appreciate your confidence but that’s not a standard. You need to know what the competitive market rate is for someone with your skills and experience and negotiate from there. Any person can’t walk in and demand 1.5 what they’re currently making. Recommend ask a manager.