Salary Negotiations
Thread Starter
drives euro trash
Joined: Jun 2000
Posts: 7,036
Likes: 0
Salary Negotiations
Tomorrow or Thursday I have my year review with discussion of bonus schedule and pay raise. I'm about nervous as hell, particularly since I've never done this before. I have no way of measuring how they percieve me and the work I have done since my last review in March '03.
I'm kind of stuck in the middle as to which way to go. On one hand I am damn grateful they gave me a chance having zero experience and paying me a decent salary to start. On the other hand I want more money for all that I do because I feel I am worth the expense. Feel as though I am grossly underpaid for the amount of time/effort I put into my job. I have sacrificed a lot of my personal life for this career, and feel a bit undercompensated for my troubles. Knowing we are a growing company I know I am going to sacrifice even more of myself to this career. So half of me feels as if I owe them for giving me the opportunity, but the other half feels they owe me for busting my ass and promising the continuation of my hard work.
Any words of advice from the more experienced corporate america employees who may have been in a similar position? It would be greatly appreciated.
I'm kind of stuck in the middle as to which way to go. On one hand I am damn grateful they gave me a chance having zero experience and paying me a decent salary to start. On the other hand I want more money for all that I do because I feel I am worth the expense. Feel as though I am grossly underpaid for the amount of time/effort I put into my job. I have sacrificed a lot of my personal life for this career, and feel a bit undercompensated for my troubles. Knowing we are a growing company I know I am going to sacrifice even more of myself to this career. So half of me feels as if I owe them for giving me the opportunity, but the other half feels they owe me for busting my ass and promising the continuation of my hard work.
Any words of advice from the more experienced corporate america employees who may have been in a similar position? It would be greatly appreciated.
__________________
keyboard hardass
Joined: Dec 2000
Posts: 12,969
Likes: 0
tell them almost exactly what you have just said in the middle paragraph, be prepared for them to ask what you think you are worth, aim high.
__________________
Offroading Spots near Tampa
Green markers = Pay spots
Blue markers = safe free spots
Red markers = not so safe free spots (possible trespass issues)
Offroading Spots near Tampa
Green markers = Pay spots
Blue markers = safe free spots
Red markers = not so safe free spots (possible trespass issues)
Registered User
Joined: Jan 2003
Posts: 5,918
Likes: 0
Always go for the highest figure off the top of your head. Worst case they could say No.
In the normal world, your largest raises will come when you get a new job, and quit your current one. It's just the way it goes. You will always be seen as the guy that they hired at "B" price in thier eyes. When infact, you should be making "A" price. So, work hard and learn as much as you can at your current job. If you feel like making a big pay jump in 5 years, start throwing your resume around.
In the normal world, your largest raises will come when you get a new job, and quit your current one. It's just the way it goes. You will always be seen as the guy that they hired at "B" price in thier eyes. When infact, you should be making "A" price. So, work hard and learn as much as you can at your current job. If you feel like making a big pay jump in 5 years, start throwing your resume around.
__________________
What can Brown do for you
Joined: Sep 2001
Posts: 6,535
Likes: 0
Originally posted by Clint
tell them almost exactly what you have just said in the middle paragraph, be prepared for them to ask what you think you are worth, aim high.
tell them almost exactly what you have just said in the middle paragraph, be prepared for them to ask what you think you are worth, aim high.
__________________
-Eddie
-Eddie
Guest
Posts: n/a
Do not speak first when the figures start to come up, thee who speaks first ALWAYS looses. Let them offer and go from there. If you say something first and it is less than they were expecting to give you it is your loss and you will never know what their intent was.
If they speak first and it is low you can begin to pad your worth with everything you do. If it is higher than expected then still try to push it a tad higher since most people make offers expecting a counter-offer.
If they speak first and it is low you can begin to pad your worth with everything you do. If it is higher than expected then still try to push it a tad higher since most people make offers expecting a counter-offer.
Sugar Daddy - Miami Bound
Joined: Feb 2002
Posts: 10,253
Likes: 0
Originally posted by Scott
Do not speak first when the figures start to come up, thee who speaks first ALWAYS looses. Let them offer and go from there. If you say something first and it is less than they were expecting to give you it is your loss and you will never know what their intent was.
If they speak first and it is low you can begin to pad your worth with everything you do. If it is higher than expected then still try to push it a tad higher since most people make offers expecting a counter-offer.
Do not speak first when the figures start to come up, thee who speaks first ALWAYS looses. Let them offer and go from there. If you say something first and it is less than they were expecting to give you it is your loss and you will never know what their intent was.
If they speak first and it is low you can begin to pad your worth with everything you do. If it is higher than expected then still try to push it a tad higher since most people make offers expecting a counter-offer.
LOL! - What Scott said!
__________________
Humanitarian, Philanthropist, Champion of the arts, supporter of single moms, and role model for misguided youths
Humanitarian, Philanthropist, Champion of the arts, supporter of single moms, and role model for misguided youths
keyboard hardass
Joined: Dec 2000
Posts: 12,969
Likes: 0
Originally posted by Scott
Hey it is what I do for a living.
It is like what happens before a fight starts, the one that flinches usually gets popped first.
Hey it is what I do for a living.
It is like what happens before a fight starts, the one that flinches usually gets popped first.
Aharon is right though, the best salary increase will come with either a new company, or a new position within the same company...
__________________
Offroading Spots near Tampa
Green markers = Pay spots
Blue markers = safe free spots
Red markers = not so safe free spots (possible trespass issues)
Offroading Spots near Tampa
Green markers = Pay spots
Blue markers = safe free spots
Red markers = not so safe free spots (possible trespass issues)
Guest
Posts: n/a
Originally posted by Clint
Negotiating the price for a house isn't the same as a salary... I really can't picture going into a meeting and making your employer spit out a figure first, if it does happen, the figure will be insultingly low, like a $.25/hr raise. From what I gather you are looking for a bit more than that.
Aharon is right though, the best salary increase will come with either a new company, or a new position within the same company...
Negotiating the price for a house isn't the same as a salary... I really can't picture going into a meeting and making your employer spit out a figure first, if it does happen, the figure will be insultingly low, like a $.25/hr raise. From what I gather you are looking for a bit more than that.
Aharon is right though, the best salary increase will come with either a new company, or a new position within the same company...
This is asmall company so there is not any moving in the company from what I understand and of course you will always do better with a raise jumping ship, if (big if) the demand is there for your skill.
And I beg to differ that what I have said works and it just does not apply to houses. Buying a car, various contract negotiations, salary negotiations, peasants on the side of the road in a third world country I have used this method on many things and it never lets me down.
