| Geek Ed: How to Negotiate a Job Offer |    www.pghgeeks.org |
The Company’s Perspective
This information was graciously provided by Dave Nelsen of CoManage Corporation, who isn't responsible for anything you do with it (see our disclaimer).
Overview
- Hiring qualified people is a big challenge
- Good people are hard to find
- It’s a sellers’ market
(more jobs than good candidates --- you have power)- We’ve decided that we want you (made an offer)
- Now we’re worried that you will turn us down
The Company’s Perspective
- Negotiating (reasonably) is not seen as a negative
- We’re trying to close you and expect that we may have to work at it
- We have budgets on $$ (and stock) that we must operate within
- We want to be consistent and fair to current employees
- Competition (another offer) will loosen our grip on our wallet
Negotiable Items
(Probably)
- Signing bonus (it’s a one-time cost - not a big deal relative to total recruiting costs)
- Relocation $$ may be negotiable (correlated with likely cost - build your case)
- Salary may be slightly negotiable (perhaps by a few thousand $$)
- Options may be more negotiable
(5% - 20%)
Not Negotiable Items
(Probably)
- Basic benefits (health insurance, life insurance, etc.)
- Company paid portion
- Vacation days
- Stock option type (ISO vs. NQSO)
- Option vesting schedule, strike price, acceleration terms, etc.
Counteroffers
- New employers don’t like dealing with counteroffers by current employers
- Many employees who accept counteroffers are seen as no longer part of the team
- Makes it look like you’re in it just for the money
- Doesn’t change most underlying issues
- Not fair to other loyal and dedicated employees
- Calls into question your motivations with your potential new employer
- May foreclose a future opportunity
Disclaimer: This material is provided free as a service to the high tech community. We don't guarantee that it's current, useful, or even vaguely accurate. For all you know, it could be pure garbage that we generated with a copy of the US tax law and a Markov chaining program. We take no responsibility whatsoever for anything bad that happens to you, ever. Have a nice day.