This Salary Negotiation Mistake Could Be Costing You $1000's

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  • Опубліковано 26 лис 2024

КОМЕНТАРІ • 181

  • @Gblue162
    @Gblue162 Рік тому +129

    I had an interview a few years ago and their offer was terrible, almost 60% below what I was making at my other job. I was shocked. I asked seriously and she replied yes and the salary was nonnegotiable. I asked for my resume back and walked out and a week later found a company willing to pay me 20% more than I was making.

    • @paulandres2807
      @paulandres2807 Рік тому +10

      How do you ask for a resume back though? Lol. Congrats by the offer btw

    • @Gblue162
      @Gblue162 Рік тому +20

      @@paulandres2807 she asked me if I was serious and she gave it back. Lol

    • @Milesco
      @Milesco Рік тому +9

      ​@@Gblue162 That's f***ing awesome. 👍😁

    • @zugzug6773
      @zugzug6773 Рік тому +6

      Yes in 2020 I also got an extremely lowball offer but felt like I had no choice I ended up quitting two weeks later in the guy was really mad

    • @bla7091
      @bla7091 Рік тому

      @@zugzug6773 that's the risk they consciously take when they hand out a lowball offer. You don't do that if you truly value stability in the business. Everyone who gets such an offer is still looking, and they're hopefully off to a better job as soon as the situation allows!

  • @nickd2296
    @nickd2296 Рік тому +107

    I actually put $70,000 on my application and the company came back with $75,000. I had another offer that was for $65,000 before applying to the company that I listed $70,000 on the application for. I am very happy with how things ended up for me. Short commute as well.

    • @PaperRaines
      @PaperRaines Рік тому +13

      Similar story here. I had one job initially low ball me, then through the interview process created a new role so that they could meet my salary ask. Then another company came in and went above my ask. At the end of the day companies will pay for talent, if you can demonstrate your value to them

    • @nickd2296
      @nickd2296 Рік тому +3

      @@PaperRaines For an entry level audit position I think my starting salary would not be much higher at any other company so I did well.

    • @scarpography
      @scarpography Рік тому +8

      @@PaperRaines if your company went above your salary ask it means that you undervalue yourself compared to the market value of your skill set. Good company pointing it out tho and offering fairly.

    • @PaperRaines
      @PaperRaines Рік тому +4

      @@scarpography the job itself was pretty ambiguous from the posting, at the time I couldn't find anything similar on a Glassdoor for example. Now that I've been in it for two years I have a better idea of what markets to compare myself too, but I can still say it's a pretty unique job role I haven't seen anywhere else. I think my job just wanted to come over the top and make me feel appreciated, and it helped I had another suitor in the wings too. And yeah, it's a really good company and I've been pretty happy

    • @mikeerin5031
      @mikeerin5031 Рік тому +1

      This is awesome for you, but very rare.

  • @fseifudd
    @fseifudd Рік тому +13

    Thats a very good point. I am on the same boat as her! You are absolutely right. Companies do know the value of the role.

  • @langhamp8912
    @langhamp8912 Рік тому +11

    I said $60K to $80K thousand (I had been making $50K the previous year but had been dreadfully unemployed since). They came back and offered $125K. Apparently, as part of the interview, the ability to correctly program a 30 meg bit map from and to a 1953 IBM punchcard quant left just one job candidate. It took me three days to figure out the problem, a week to write the code, and handed it in thinking I'd never hear from them but it was a very interesting problem to solve. The market value for the IT job I do is indeed about $80,000 at the most so I didn't bother at all to negotiate.

    • @amyIsFlexable
      @amyIsFlexable 11 місяців тому

      Probably everyone else had a job and didn't have that kind of time :)

    • @langhamp8912
      @langhamp8912 11 місяців тому +5

      @@amyIsFlexable I misspoke. They actually offered $150K, so good thing everyone else had a job except unemployed me.

  • @jennyc5100
    @jennyc5100 Рік тому +27

    This was a very helpful video. It’s good to know that it’s best to provide a salary requirement that is truly aligned with a person’s market.

  • @donh8833
    @donh8833 Рік тому +7

    I put in a job offer for $135000. They offered relocation expenses. I thought all was good until I looked at housing prices. New equitable house was $500k+ (4 bedroom 2200sq ft.) I have $160k in equity @2.5% mortgage $1200/month p&I with a 2700sq ft house with 10 years left. The difference was over $3000 a month or $36k / year for a 15 year at 6%. $4200/month p&I is insane.
    I tell them in advance now: if you want me to move my rate increases substantially due to housing cost.

  • @Wandderer
    @Wandderer Рік тому +2

    seriously, i love this channel, also mostly because your videos hardly get outdated, i can watch videos from 5+ years ago and the content still applies and is useful

  • @courtneicey15
    @courtneicey15 Рік тому +8

    I had to leave a toxic job before having something lined up. Which is not ideal during this economy. With no unemployment or severance package, it is very tempting to apply & interview for jobs that are 20k below previous salary earnings. It feels like all resources are being offered to those with layoffs. I wish every job seeker was treated with the same amount of care & support.

  • @jahanas22
    @jahanas22 Рік тому +11

    Even if you’re desperate, it makes no sense to lowball.

  • @danmaroff324
    @danmaroff324 Рік тому +29

    The best way to avoid this kind of financial panic is to always live within the last lowest salary. For example, if you were making 150k and then move to a job making 180k, you should live as if you’re still making 150k.

    • @BrianGivensYtube
      @BrianGivensYtube Місяць тому +1

      Lifestyle creep. New job shouldn’t = new car and more expensive vacations!

  • @AndriiVozniak
    @AndriiVozniak Рік тому +7

    she could say smth like, "you know, some other company offered me $25k more in salary, but I would rather prefer to join your company. Can we make it work?"

  • @andrewb3234
    @andrewb3234 Рік тому +42

    During my interview process they asked for my compensation expectations (I gave a number equivalent to my last job) and they said the max they go is 25k under that. I ended up moving forward and taking the job. I think I made a mistake. But I was laid off and desperate. This video is helpful.

    • @PhatChin
      @PhatChin Рік тому +7

      It was a mistake. When I interviewed, I was desperate and gave them my number. They told me that I was $6K over their maximum for the pay band. I took the job anyways, at the top of the pay band, effectively taking a huge pay cut. You will be reminded each pay week. For me, that's 26 times annually.

    • @Eliastion
      @Eliastion Рік тому +5

      If you were REALLY desperate, then perhaps you made the correct decision - but it also means that your job hunt should continue. If you land a proper offer, you can quit current job and take that one - and if your CV otherwise doesn't look too choppy, a single job ending after several months shouldn't be much of an issue. And if the new opportunity comes REALLY fast you might even consider omitting that short-time gig from your CV at all.
      If you're not that desperate, don't let them low-ball you. If your number is equal to last job, it's unlikely that your offer is greedy unless there was some huge downturn in the market. And the employers generally prefer to match or slightly exceed the expectations given by the candidate. If they offer below that, that's not a small red flag even if their offer doesn't sound that bad overall - they probably have some reasons for that and most possible reasons are bad news - you might not be considered a really good fit or they could be a low quality employer that pays badly or - worst case - they might be lying to your face and trying to exploit you... which is a mark for an employer to run away from.
      Overall, you should stand your ground. Be civil about it, though - remember that while they have their brackets and procedures, there may also be some wiggle room. Lay your case and ask if they truly can't accommodate you with a more competitive offer - they might be able to somewhat forcefully upgrade you to a higher bracket (even if they're hesitant on whether you truly qualify there) or they could be able to tap into separate budget to give you a substantial welcome bonus covering the gap at least for the first year of employment (these generally come with some strings attached, though - typically you'd have to pay it back if you hand in your resignation within a year or something like that). Either way, if they really want you, they'll probably find a way. And if they don't really want you or can't pay the market rate despite wanting you - then it's probably not an opportunity you want in the first place.

  • @keeperofoddknowledgesociet3264
    @keeperofoddknowledgesociet3264 Рік тому +12

    I understand the reason why people lowball themselves especially when they have been searching for a while. In the last three years I have searched three separate times. Here is what I learned from folks like this channel owner. 1) when asked what I am looking for (except when its from a HM that is going to make an offer) I asked for the range. Then I commend on the range eg )its within what I am looking for or its lower than I was seeking. That is why its critical that people have at l east 6 months of expenses in one or more liquid account 2) have a side gig you can do while looking so you can bridge the gap between your monthly expenses and your liquid accounts/6 so if you have 30k saved and monthly expenses of 6k (reasonable if you have a mortgage and SL/car payment) then try to beat least 1 or 2 k per month from a side gig to stretch out your savings. You dont spend all waking moment job searching so do something else, like door dash, Uber/Lyft/instacart (assuming you have a working vehicle) or if you dont, sell life insurance, there are plenty of companies that will train you and pay you 70% or more per $1.00 in premiums customers pay. I did not do those things during my first two times around in 2020 or 2021 (between vacation, payout and some savings I did not touch the severance payments) . i did it in 2022. I will continue to do the side gig (I see insurance) even when I am working again

  • @lotsaspaghetticodejr.6488
    @lotsaspaghetticodejr.6488 Рік тому +26

    I actually have the opposite story, sort of. I applied as a maintenance technician that posted a range of $28 to $35 an hour. They offered me $28.72 and asked if that was fine.
    I said yes, because I don't know electricity and realize I'll be behind the curve quite a bit. And, my rate was $20 an hour at the previous job. Hard to turn down an $8.72 raise.
    But we work 54 hours a week minimum, plus every other Sunday which is paid out as double time (Union). So really the $28.72 an hour pays, after the 2nd shift differential, $107,400 a year.

  • @takisally
    @takisally Рік тому +214

    I disagree with Bryan on this one. Her unemployment was running out and she needed a job to keep the lights on. She did well by accepting the lowball. Her next step is to hunt for a better paying job. Remember, its easier to find a job when you already have one.

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  Рік тому +102

      The fact that she may or may not accept the lower offer isn't the issue. It's the fact that she likely COULD have gotten a better offer had she not lowballed herself. Always act like a free agent and know your worth.

    • @olencone4005
      @olencone4005 Рік тому +34

      "its easier to find a job when you already have one" -- That depends on the job... the last time I let desperation take the reigns and accepted a lowball offer (there was a recession underway, and after well over a year of unemployment my savings were running pretty shallow) I wound up in a job that required 14-20 hour workdays 7 days a week. Even with those long hours, the pay was so low that it only barely covered my expenses (which were already as minimal as I could get them). For the short time I worked there, I slept in my car in their parking lot more often than I slept in my own bed because I was just too tired to make the drive home safely (this was normal for everyone there, many of whom slept on these nasty cots the company had set up for exactly this reason).
      That company did not care one iota for any of us -- it burned through people like kindling, then hired replacements the next day because a lot of people were in the same desperate boat because of the recession. I barely had the opportunity to eat and sleep, much less apply and interview for new work. Fortunately, I endured this #$%^&hole of a job long enough for the recession to pass, and once I left there and could focus on the job market again I had a really good job within a few weeks.

    • @takisally
      @takisally Рік тому +13

      @@ALifeAfterLayoff At the start of the video you said that she had interviews in the past that never resulted in a job offer. What was different in those cases if not requested salary? She wasn't able to land a job at the market rate so she did what she could to land a job. Now, she is able to apply to other jobs from a position of strength, already being employed.

    • @mikapeltokorpi7671
      @mikapeltokorpi7671 Рік тому +8

      I thought this too. But somehow your salary seems to be quite an arbitrary figure. I have been low balling and now inching up $1000/month every couple of years and now neither of two companies blinked with my asking salary, even I thought it was in top of the reasonable salary range. Both wanted to hire me like right now. Got 25% increase with much better benefits than in current position. Inflation of 13% in last two years helped here, though.

    • @michael567jober
      @michael567jober Рік тому +5

      exactly! i live alone and i also got laid off in october. my unemployment was ending in january. i got laughed at $20/hr so i said the lowest was $18/hr which i do regret. we agreed to 17.50 but at the end of the day it pays more than unemployment and these bills don’t wait for anyone so i had to accept but i’m definitely still actively looking however i may have to even get a 2nd job just to keep up with all my bills.

  • @alexieshaw558
    @alexieshaw558 Рік тому +4

    I’ve recently accepted a lower paid role but in a company i aspire to be in, i felt that i wasn’t desperate but i was willing to put in the work to progress but this time in a company i can see myself loving. I never undervalued myself at interview and did get their max budget though

  • @s.s.4446
    @s.s.4446 Рік тому +5

    I like the idea to put $1 in a job application. I would not have thought of that. Sadly, for-profit hospitals and clinics always lowball pay rates. There are some industries that ignore applicant skills regardless of your education and experience.

  • @BewareTheLilyOfTheValley
    @BewareTheLilyOfTheValley Рік тому +14

    My job has annual raises coming and I'm a tad nervous, lol. First time having a job where the option was even on the table to negotiate a raise. I'll be going back to your other video on this subject to help me out, so thank you for these! I did just have my performance review and scored high, so that makes me feel a little better, but like the person in this video, I don't want to negotiate an amount that's off-putting.
    I'm already looking for a second job to work at least another 20 hours but it would be nice if I didn't have to do that (no raise will be as much as working that amount of hours, but I do need more than just a $1 or $2 raise to keep up with the rent hikes and for the scary possibility of my car needing repairs. Not having the money for that second scenario has lead to many of my cars snowballing into bigger, sometimes unfixable conditions. I work from home now and baby my car, but it still needs regular maintenace and checks).
    I'm also already paid at the top of my (soft-skilled) job field, so that too has me concerned. There's the possibility about asking for a promotion as I have been trained to take on a few other responsibilities, but all bases are currently filled for our office.

  • @PaperRaines
    @PaperRaines Рік тому +3

    Accepting what you can get because you're desperate. Job market, dating market, it's all the same. You gotta be realistic, and put in the work

  • @harryporter3531
    @harryporter3531 Рік тому +3

    I had a friend, years ago, applied for a job where I worked.... I literally told him what to ask for! He told the interviewer the the lowest he could accept was 33% less than I told him... then he was surprised that they offered him the job on the spot at his minimum. He took the job and quit 4 months later because the pay was too low.... open your eyes people. If you have an inside edge stand your ground!

  • @jimfogz
    @jimfogz Рік тому +20

    I often find myself stressing out over what to put in the applications when a salary range needs to be filled it. I feel like if I put in "$1" that it could result in my application immediately being dismissed from consideration, ruining any chase of landing my dream job.

    • @Average-Lizard
      @Average-Lizard Рік тому +8

      If you're applying for your dream job, put your dream salary

    • @madogthefirst
      @madogthefirst Рік тому

      Long as I can I put in "enough."

    • @ReaveIdono
      @ReaveIdono Рік тому

      That because you haven't done your research for your market rate. You go up from there based on what experience you bring to the table. I wouldn't recommend going too far below it if you are new to your career.

  • @siddman5966
    @siddman5966 11 місяців тому +1

    Sometimes you have to survive now and thrive later. Take what you can get, for now.

  • @jf6466work
    @jf6466work Рік тому +4

    I never give a number when a recruiter/hiring manager asks for salary expectations. One rule of negotiation is the first to gives a number gets the short end of a stick.
    Following the rule I have always been pleasantly surprised once I recieve either the salary range or annual salary in the job offer.

  • @derekdlick2516
    @derekdlick2516 Рік тому +8

    I've burned myself with the low balling myself. Don't do it employers will also lose respect for because they think have self esteem issues. I use to put working with good people above pay but in reality instead then thinking you're valuing their attitudes. They think you don't know your worth or you are in a hard spot.

    • @enrique6335
      @enrique6335 Рік тому

      Sometimes I think it's simply being accustomed to bad situations and not being smart enough to look for something better when we should. I'm currently looking for a new job as I'm tired of having done the same thing for over 5 years with no promotion or raise in sight. Got an offer that is 53% more than I make elsewhere doing a completely different type of job but still within my area of interest. Their offer is the base pay for that position and even though I'm ecstatic about the possibility of making a move soon and really bumping up my pay part of me wonders if I lowballed myself simply because I was used to the low pay and I though I couldn't ask for much much more.
      To their credit they let me know their base offer and asked what my expectations were from the first call but it did get me thinking how I let all those years pass me by and now I'm falling behind on income compared to my peers.

  • @philmarsh7723
    @philmarsh7723 Рік тому +4

    Make sure you keep the larder full. Live well under your means so you have savings and aren't put into a desperate situation from which you cannot negotiate.

  • @paulhornbogen980
    @paulhornbogen980 Рік тому +3

    B. The reason why I like your channel so much is that you speak the blunt truth. Thank you for the tip of putting 1 dollar in salary expectations. Smart sir. You are so spot on in knowing your value. Again, as a guy that is career changing it is even more important to inter. potential employers etc. I truly feel for this person, but being dep. can cost you. As you talk about, till your butt is in that seat, continue to job search. B. I give you a damn good tip if I could sir. But just keep doing what your doing. Your the Dr. Phil of career coaching.

  • @roxyskittens
    @roxyskittens Рік тому +5

    I don't know... A few days ago I applied for a job that fit my skills and experience and I asked for a salary I knew I would be satisfied with. By the end of that day I received a polite rejection letter saying they have identified other candidates who could fit more closely with the project needs. I'm pretty sure it was because of the salary I wanted, even though it wasn't unreasonable, I'm sure it wasn't that far off from what they would have offered me (and I wouldn't work for less at this moment, anyway). The company makes a lot of money and they've been posting this job for a few months now so I'm guessing they haven't found their match. It was still nice of them to write back.
    Also it depends of the country and the general mentality of the people there: in some countries, even if the candidate asks for a 100 dollars more than what they have decided they would offer, and even if the company could afford that salary, he is instantly rejected. It's the same with freelancing - if a freelancer is incompetent/unskilled, but asks for less money that a competent one, some companies will hire the incompetent freelancer and fix his mistakes in-house or maybe not at all.

  • @breakmywalletmotorsport
    @breakmywalletmotorsport Рік тому +9

    I just got a new job. I was tempted to lowball myself but I gave them a number I wanted in the middle of the market. They asked my 3 times. I was offered and accepted that same number.
    Glad I took your advice!

  • @seinfan9
    @seinfan9 Рік тому +3

    Best position to be in is that you're still with your current company, you don't give an amount until after they give you their offer, and have multiple offers to bounce off one another. Really tough to check off that third box, but I have a friend that negotiated 50% higher by having multiple offers.

    • @Eliastion
      @Eliastion Рік тому

      Well, it's hard to find a more convincing argument for "my market worth is at least X" than to have a competing offer that gives you X. Even if the other offer isn't what you'd really like, it's much easier to negotiate with "frankly, your offer looks really compelling, but not enough to cover the $Y difference with that other, less exciting offer I have". In one fell swoop you're affirming that you're actually interested in the offer, pointing out that the offer is financially below what you can get on the market AND communicating that you have options already and there might be even more later on...
      Incidentally, other offers can also work if you low-balled (consciously or not) your initial answer to expectations. Being hesitant to take an offer matching your initial expectations looks poorly, but the answer "well, that was my expectation but in the meanwhile I've received an offer with $20k more, increasing my bottom line" is actually something they'll probably understand as long as you're civil about communicating your suddenly elevated expectations.
      As an extra note, however, you need to be careful to not try and make it an outright bidding match - do look at the opportunities carefully. The best paying one might not be the best one overall - if some offer pays well above the apparent market rate, there probably is some red flag or two you should take into consideration. And if someone pays strangely well while NOT telling you what the special circumstances are - then that's a red flag in and of itself. If it's too good to be true, then it probably isn't true.

  • @leojboby
    @leojboby Рік тому

    I love the corporate shill speak, good prep, actually helpful to know about the unrealistic expectations and assumptions being made by corpo and therefore managers.

  • @petewagner2050
    @petewagner2050 Рік тому +1

    As a freelancer biding jobs are just as critical, once you make that first bid on the first job you will get slotted into that price point and it will be very difficult to go up from there

  • @joeschmo7957
    @joeschmo7957 Рік тому

    I like this guy for his advice column. When he gets to hooking you up with LinkedIn, that is SO BAD. It is kind of the Facebook or Instagram of job search and something to be TOTALLY avoided.

  • @ShadowGJ
    @ShadowGJ Рік тому +1

    Yeah, I've learned it's important to ask for a salary you'd be actually comfortable accepting. In case of desperation, be honest with yourself and take it if it comes. But getting a job that doesn't pay the bills sort of defeats the purpose of... getting a job.

  • @markjukes7486
    @markjukes7486 Рік тому +1

    My problem with salary negotiation is that I will give them a realistic range before the interview. After the interview they are happy. They come to the table with a low offer with a very low hiring bonus. I will them to keep the bonus and raise the pay at least a buck and half because their healthcare plan is high. My current job the insurance cost is very reasonable and affordable with Rx. The new job will require me to pay additional 800 dollars a month. They refuse to raise the starting pay and I have to decline the offer. Sometimes you can do everything right but I feel that I will be better arm if all the benefit costs are laid out before applying to jobs. I turned down 3 jobs due to benefit packages. I need insurance because I have a chronic condition.

  • @DJKhal21
    @DJKhal21 Рік тому +5

    Do companies take advantage of people who they know are unemployed with low ball numbers?

  • @altair1983
    @altair1983 Рік тому +1

    A friend gave me advice. put the number you want - realistic number, if a bit optimistic and say: "but I would be very sorry if we didn't continue just because of money".

  • @Jeff-xy7fv
    @Jeff-xy7fv Рік тому

    When asked for compensation expectations, I would put down a number around 20-25% below average and waive all benefits on top of that.

  • @livnaway
    @livnaway Рік тому +3

    How do you reconcile what you are saying about companies willing to hire people that are the best fit with your previous statements that state that recruiters will eliminate you right away if you are outside of the pay band?

  • @TheMisterGuy
    @TheMisterGuy Рік тому +2

    One time, a company offered me more than I asked for before I even got out of the building. Sounds great, especially because I was unemployed at the time, right? But it turned out to be a pretty awful job. Not the worst I ever had, but a badly run place that overworked people and churned out unimpressive products.

  • @knoef82
    @knoef82 Рік тому +1

    Usually in “tech”, first offer has a lot of room for negotiation. If this company can’t move up 25k it probably means that they were never going to be able to pay that much.

  • @jonnywick4402
    @jonnywick4402 9 місяців тому

    When you have a family and pay bills is just crazy how things can turn out, so as an adults we know what we have to do to survive.

  • @Synkotic90
    @Synkotic90 Рік тому +1

    You have fun with those thumbnails lol. Great video as always :).

  • @samxaiver9852
    @samxaiver9852 Рік тому

    YES, you clarified this issue WELL!

  • @sarahb8147
    @sarahb8147 Рік тому +1

    I’ve done this before. Oops! Luckily I have been very fortunate to usually get a second or even second and third offer from other companies so I can use that to correct the mistake. It can be really intimidating to give a salary expectation right off the bat.

  • @pascalbruyere7108
    @pascalbruyere7108 Рік тому

    I never give a number first.
    In the application, if the field must be filled, I put $1.
    During the interview I do not give a number, instead I say that I want to know their budget for the job as it speaks to the level of experience, expertise and autonomy they are looking for.
    I also say that I have never declined a job due to compensation, thus I am very confident that it is not going to be a show stopper, but if I give a number first, then it might become an issue, which is what I want to avoid.
    Usually it works.
    I always let them talk first.

  • @markplain2555
    @markplain2555 Рік тому

    Here is the tough response to this video. I am in a similar position:
    .
    It is my sense that there has been a market shift and the market appears to be favoring younger people with less experience and willing to receive less pay. I feel I am too old and no longer viable for what the market is looking for (I'm in my late 40's). I may also looking at low ball numbers just to get back into the market and give me time to find a more senior role - but not yet.
    .
    The job ads are asking for some serious skills that would need serious experience to do well, yet they are more keen to employ youngsters. I feel that my value has been lost in my profession and it's truly depressing. On quiet days my mind can quickly go to a dark place..
    .
    I do have some more interviews lined up and, well let's see..... thanks for the advice though.

  • @davidr9876
    @davidr9876 Рік тому +2

    No one cares what you need or what you want, they care about what you're worth. And what you're worth is directly related to how much extra revenue you can bring to the company. When you're directly tied to revenue, like in sales, it's easy to show what you bring to the company. When you are in a support position, you have to get creative but ultimately, you want to tie your work with increased revenue. If you can clearly demonstrate what you add to the company, you are in a good negotiating position.
    And you need to stay away from stupid employers that look at the number, not the skill and ability of the employee. Those companies will not only pay too little, but also replace you as soon as a cheaper option presents itself. A lot of companies don't realize the cost of a bad hire.

  • @servusdedurantem
    @servusdedurantem Рік тому +1

    Employers wasting time giving people less than their market value thinking they landed one all what they do is hiring a temporary worker who will soon leave as soon as he finds a better job (in this case easy since its lower than their market value).
    Then the company will waste time and propably money because losing emplyers mean less jobs done and they have to got through hiring process again

  • @ryan124007
    @ryan124007 11 місяців тому +1

    What about companies that are smaller and consistently pay less?

  • @ChristinaOstil115
    @ChristinaOstil115 Рік тому

    That's is why Dept of Rehabilitation for ssa programs like Ticket to work do not offer job advice like job coaches.

  • @martinhovorka69
    @martinhovorka69 Рік тому +1

    She should have accepted it, and after she was effective enough for the employer, she should have asked for a raise or sought a better offer elsewhere. Alternatively, she should say she screwed up and didn't ask for enough pay because of the panic and stress of being unemployed. If they liked her profile she has a chance, if they reject her she should have no regrets.

    • @pascalbruyere7108
      @pascalbruyere7108 Рік тому

      Yes, in her situation she might have done that. The idea here is to try to not put yourself in this situation.
      If you lowballed yourself, you tell it: I wrote down this salary because this is what barely pays the bill and I need to pay the bills, so I’ll take the job at that rate, but as I said that will barely pay the bills, so I hope your offer is market based, not based on my minimum requirement.
      If they don’t bulge, take the job but immediately look for your next. Now, reasonably the employer should not hire you because they should anticipate that you are not going to be happy nor will stay long.

  • @gretchencline5124
    @gretchencline5124 Рік тому

    Excellent advice and content. thank you!!

  • @CarmenCorrea-ht8kk
    @CarmenCorrea-ht8kk 8 місяців тому

    So, I was offered a position and requested a salary 3$/hr higher. I was told my offer was the max budget, but they would go back to HR to discuss. Did I shoot myself in the foot?

  • @tbconnor
    @tbconnor 8 місяців тому

    Brian, is it advisable or typical to do something, like negotiate for more vacation days, if the offer is on the low end of the range you're willing to accept?

  • @Nepthu
    @Nepthu Рік тому +1

    Desperate enough to give up 25k?? How much do you make. For many people, that's half their salary.

  • @bbsonjohn
    @bbsonjohn Рік тому

    Paying more over a hir that fits the role posts less risk than hiring someone who cannot do the job.

  • @guess1866
    @guess1866 Рік тому +1

    Ok, I lowballed myself 1.5 years ago. Now I'd like to ask for more money. I'm a good performer. What do I do?

    • @seinfan9
      @seinfan9 Рік тому +3

      Find another job. You'll get a bigger pay raise than even if you were to get promoted on the spot.

  • @misterj3133
    @misterj3133 Рік тому

    Just ask what the salary range is for the position before they ask you what you want for salary. That way they'll either have to tell you a range or lie and tell you they don't know. Knowing the budget or rage will give you an advantage.

    • @novadhd
      @novadhd Рік тому

      sometimes they dont want to tell you

  • @MrJonathanhidalgo365
    @MrJonathanhidalgo365 Рік тому +2

    How do I buy his courses? I need a resume writer. I am happy at my job but would love to have everything together on my end in case of a lay off etc

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  Рік тому

      There’s a link in the bio but you can also visit www.alifeafterlayoff.com.

  • @theodoreroberts3407
    @theodoreroberts3407 Рік тому

    I just want to check on how you calculate your worth. I calculate my worth by my needs (with some growth) and my experience. No brag, I'm trained in a lot of skilled areas: electrical, electronic and mechanical inspection, tv engineer, and computers. I'm not pressed to begging for a job, I'd like one. I figure I'm worth $20/hr and asking $18/hr. I can pay my bills now.
    Your thoughts...

  • @freddiejonesy6168
    @freddiejonesy6168 Рік тому

    Great video!

  • @rachelsmith6820
    @rachelsmith6820 10 місяців тому

    She could have asked in the interview how they give raises. That way you can still negotiate based on skill.

  • @JUMALATION1
    @JUMALATION1 Рік тому +2

    Where I live we go by monthly salary (before taxes). The third last job I had paid me 3300, the second last I low-balled myself on getting 2600, and with the last one I got 2700 after heavy negotiations (they were only gonna pay me 2200 initially). I almost felt bad after asking for 3000 in an application recently but realistically I should ask for over 3300. I just don't have the guts to do it.

    • @JustMe99999
      @JustMe99999 Рік тому +1

      God how do you live on that?!

    • @JUMALATION1
      @JUMALATION1 Рік тому +1

      @@JustMe99999 You can live on 2600 if you don't splurge. The 3300 was nice but I doubt that I can land a job like that again. I think I will be low-income forever tbh. Our rent more than doubled a month ago and I am jobless as of now so I am a bit anxious, not gonna lie.

    • @Eliastion
      @Eliastion Рік тому +4

      @@JustMe99999 While he answered you, in cases like these we need to remember that plenty of people from all over the world use UA-cam - so even if we assume that the amounts are in USD (which might not be the case when no currency is mentioned) they can mean very different things in different places.
      In my country, for example, 2200 USD before taxes would be like 150% of the average salary for year 2022. That's something you can live on quite comfortably even in one of the larger, more expensive cities - and (unless you're dumb about your money or some big expense pops up) you'd even be putting something in your savings account each month. And if you happen to already own a house/flat (paying only utilities), then this much should be enough to support a family on single income, too.
      And that's my country, that is one of these "poor among the rich" countries, a member of the EU, though one of the poorer ones... There are places in the world where the same $2200 could get you a small mansion and a full-time servant to take care of it.

    • @picklerix6162
      @picklerix6162 Рік тому

      The salary really depends on the job. Some employers want a ton of experience but don’t want to pay for that experience. Over the course of three years, a large company recruiter kept calling me about a job so I finally relented and agreed to an interview. They finally asked me what my salary expectations were and they were shocked at my number and they made no offer. BTW, I am currently making $35k over that number I gave to Dell Computer.

  • @mikeerin5031
    @mikeerin5031 Рік тому +1

    You make the assumption that a company will even speak to you and not rule you out because you put $1 in the salary expectation answer. In my experience, you don’t get to speak to anyone at all at the company until after you make it past the HireVue recorded interview process. The last question in that process is “Please confirm your salary expectations.”

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  Рік тому +3

      If you're a strong fit on paper, the salary expectation question will not eliminate you. The recruiter will still have a phone interview to determine if you fit in the range. Focus on your resume first and foremost.

    • @CC-yn3qw
      @CC-yn3qw Рік тому

      @@ALifeAfterLayoff will you consider doing a video on how non-performance based layoffs occur? There are many out there that want to know why this occurs. My theory is if you are getting the axe by your employer, and it wasn’t because of performance, it’s due to 1/2 causes: 1.) You painted a target on your back through making a complaint. (E.G. Sexual harassment complaint, hostile work environment reporting, discrimination etc.) 2.) You’ve asked and lobbied to get a higher salary than they wanted to pay and in a market recession, the company are looking for ways to cut/make money.

  • @Royal_G80
    @Royal_G80 Рік тому +3

    I recently told a recruiter that I was open to negotiation for salary.
    She told me that they start at $55K and tops out at $85-90K depending on experience and background. I do have a couple years of experience. If an offer was made would it be possible for me to ask for the $85-90K: Or would they offer someone with only a couple years of experience for less?
    This is for a remote position. So I don't know if they go by the company's budget or market value based on your location.

    • @PaperRaines
      @PaperRaines Рік тому +10

      If you ask for the top range of the position then I suggest you better be able to articulate and maybe demonstrate that you possess _all_ , if not even more, of the requirements and skills they listed on the job post. If you can't, then you should be realistic. Maybe ask for $5K more than you're actually worth. It's a balance you have to strike between negotiating up, and pricing yourself out of an opportunity all together
      Good luck

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  Рік тому +8

      It depends on how strong of a candidate you are. It does seem like you're lighter on experience, so you'll need to really demonstrate why you're the best fit to command a higher salary. What Eduardo said is solid advice.

  • @Obzrve
    @Obzrve Рік тому

    I just did interview with a company for electrical/ mechanical technician position. I wanted $40 an hour they said they can’t do it. And it’s a 3 shift position. They ask me how much I was making now and said $35. But I’m only making $28. But doing multiple positions. They said $35 hr is for level 3 technician. But I can do courses to get their in 3 year. But I’m currently in college working on my bachelor degree to become an electrical engineer Which should take 3 to 4 year. I just got my AS in engineering technology. Should take it and Quit in two years.

    • @ShadowGJ
      @ShadowGJ Рік тому

      It's rather sneaky of them to ask how much you're currently making. Yet, while equally sneaky, it's entirely valid and justifiable to bluff your way out of that. What you're making right now should be irrelevant to this new employer, and in my experience they only ask that to try and use it against the candidate.

  • @cariyaputta
    @cariyaputta 10 місяців тому

    Not only did this move cost her ten of thousands per year, but also degrade the whole market, give more leverage to companies, and put other job seekers at jeopardy.

  • @amyIsFlexable
    @amyIsFlexable 11 місяців тому

    I think people need to consider the cost of not getting an offer to be able to accept or not. If you're out of work for another couple of months, that could easily eat $20k. Let's assume she can't make bills on the lower amount--she sure as heck can't make bills on unemployment! My thought is do what you need to do to get some kind of offer and get the money coming in. Figure out how to make that sustainable, and keep looking.

  • @sourdoughsavant22
    @sourdoughsavant22 Рік тому

    Are the rules different with non profit jobs? I feel weird pushing for more at my job when I want the money to go towards programming
    But sometimes I think the org wastes money on events as well...

  • @alejandramanzano8725
    @alejandramanzano8725 Рік тому +2

    Can one negotiate even if you know you were second choice?

    • @cw8543
      @cw8543 Рік тому

      Yes. Sometimes the difference between first and second choice has nothing to do with skills. Sometimes first choice won’t move, has another offer etc. That doesn’t mean YOU should take less than the role once they come to you.

  • @rebeccajones9757
    @rebeccajones9757 Рік тому +1

    Wage negotiation usually backfires when I attempt it.

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  Рік тому +1

      You're doing it wrong then :)

    • @christopherwood3643
      @christopherwood3643 Рік тому +3

      Salary from my experience is easier than by the hour. The more senior the job the better opportunity. If you dont have top level experience or education..ur most likely going to get lowballed. You have to be a elite candidate at the end of the day, be real with urself.

  • @jonathanberry3359
    @jonathanberry3359 Рік тому

    I have a salary negotiation question...I'm an energy developer. I get probably 5 headhunters reaching out per wk asking me to interview w them. I just started with my current company y 3 months ago and they are going through a merger. I've been told I have great job security and that they plan to offer a raise to the developers once the merge finalizes. However headhunter salaries are often higher than my current pay (most times not that much higher but sometimes a solid 40+%). I'm happy where I'm at but would love the bump. What is the best way to play this so I can stay but get a good pay increase?

  • @thihaihahoang4609
    @thihaihahoang4609 Рік тому

    Quick one here pls, when they say the range is from x to y. Would you negotiate for the highest end or somewhere in between?

  • @jimkoney4200
    @jimkoney4200 Рік тому

    Now, if she accepts the offer how is she going to interview for a new job elsewhere? Start taking sick days when she is a new employee?

    • @pascalbruyere7108
      @pascalbruyere7108 Рік тому +1

      In my world initial interviews are over the phone. In person only when it starts to look promising

  • @calledout4437
    @calledout4437 Рік тому

    Every time I've had a job offer and try to negotiate,I get the same response. Oh we just don't do that, whether it be vacation time or some other benefit. So here is my question. I'm going to potentially receive an offer from a new company and you know what I want??? I want to fly first class anytime I have to travel. Is that possible to negotiate and how best do I go about it?

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  Рік тому

      You may not be approaching it correctly. I cover offer negotiations extensively in the Ultimate Job Seeker Bootcamp.

  • @Nadia-qm4jd
    @Nadia-qm4jd Рік тому +2

    In the application and job posting it didn't list salary range or request it from me. I didn't ask about it in the first interview and am now scheduling a 2nd interview. This job is also in a different state with a higher cost of living. The title is specialized so just Googling its salary doesn't come up with it. Any help would be appreciated?!?!

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  Рік тому +3

      If you didn't have a discussion with the recruiter in the first interview, I'd circle back with them before committing to much more in the interview process, especially if it requires you to travel/relocate. It is VERY reasonable to have a conversation about salary expectations before moving forward.

    • @Nadia-qm4jd
      @Nadia-qm4jd Рік тому +1

      @@ALifeAfterLayoff I appreciate you taking the time to respond thank you. Will do that as 2nd interview isn't till next week.

    • @pascalbruyere7108
      @pascalbruyere7108 Рік тому +1

      @@Nadia-qm4jd they’ll ask how much you want. In your case you can say you don’t know exactly since you don’t know the cost of living over there. Make sure they speak first.
      Then do your homework because in reality you have to know everything about the cost of living over there. Before the call.

    • @Nadia-qm4jd
      @Nadia-qm4jd Рік тому

      @@pascalbruyere7108 I have done some of that research as well. Like the increased cost of living.

  • @quickdiy8127
    @quickdiy8127 Рік тому

    I make $18/hour at a machine shop how do I get to a living wage?

    • @pascalbruyere7108
      @pascalbruyere7108 Рік тому

      Seek new employers just to see the offers. If not satisfying then maybe you’re fairly paid for what you do. Then ask people who have moved up from where you are, they’ll tell you which skills to learn. Focus on skills that provide most return on investment.

  • @Aby-zy4ku
    @Aby-zy4ku Рік тому

    What if you lowballed yourself during performance review? I had very positive performance review and at the end they told me my new salary and asked what I thought. I only asked for 2K more but now a few days later am really wishing I said a bit higher. My same position is currently hiring and I see they increased the base pay from before. Is it too late to ask again?
    So when I applied last yr starting was listed from 45K. They told me 45 and I negotiated to 48…now it’s listed from 50k…they offered me 53 and I said 55. At the moment I thought it was okay and thanked them. Now i am wondering if starting is 50K and i am getting 55k after one year of working there and positive review…should I go back and ask again for 58 or is it the amount i am getting okay and going back won’t look good and ungrateful?

  • @LanceKirkman
    @LanceKirkman Рік тому

    I can't even get offered what I'm worth, they want to pay me $5K+ below what I was previously making

    • @pascalbruyere7108
      @pascalbruyere7108 Рік тому +1

      The problem is not how much you’re worth but what are the budgets allocated to the types of jobs you’re seeking. Maybe you need to aim at something higher up.

  • @robinjayasvasti9598
    @robinjayasvasti9598 Рік тому

    I understand Glassdoor is a salary range finder. Do you have suggestions for accurately finding the salary range in my market?

  • @gottiboutmoney
    @gottiboutmoney Рік тому

    So if at the beginning of the process they say the range is between 90-100k a year( we never spoke about what I make currently or what I was looking for) if I am okay with that and I was, And then after starting the interview process they express the job entails a little bit more then they said originally like traveling to other locations domestically and internationally and originally stated one location the job was for locally then it turned into possible 3. Can you request above the 100k now that all the details have come out and they have offered you the job or is that a bad faith negotiation? I’m okay with the job details but not for the same price now that it’s gone from 1 building to 3 that’s I’m in charge of and then traveling to other location and helping them get on the right track.

    • @ShadowGJ
      @ShadowGJ Рік тому

      That kind of bait and switch is a bit of a red flag, from my perspective. I'd say you're entirely entitled to revise your salary expectation if there's a substantial, unforeseen change in the job description. What you said at the beginning of the process loses relevance if they move the goalposts like that: would you kick the ball the same way if the goal were farther away? Ha.

  • @Hello-rl6lp
    @Hello-rl6lp Рік тому +2

    I agree with everything except that companies were paying higher than they would have. Companies started paying employees what they should have been getting long ago!

  • @Websitedr
    @Websitedr Рік тому +1

    I put 1 Million in desired salary. They know that it's not realistic so I ask them how much of a pay cut I'll have to accept. Never undercut your value if you have a target you need and know your value in the market. A simple 5k becomes 30k in 6 years.

  • @mikapeltokorpi7671
    @mikapeltokorpi7671 Рік тому

    This.

  • @stevenfetzer4911
    @stevenfetzer4911 Рік тому +4

    Romans 10:13 whoever shall call upon the name of the Lord shall be saved.

  • @raztdakj7057
    @raztdakj7057 Рік тому

    You repeated yourself too many times.

  • @johndalton4559
    @johndalton4559 Рік тому +14

    women: "close the gender gap!"
    also women:

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  Рік тому +19

      Trust me...plenty of men are also making this same mistake.

    • @BewareTheLilyOfTheValley
      @BewareTheLilyOfTheValley Рік тому +7

      Not all employers agree with that sentiment and when you're running out of funds, you unfortunately get desperate. Also...please be more mature. The sexism isn't necessary.

    • @neoxnet
      @neoxnet Рік тому +1

      @@ALifeAfterLayoff yep, desperation does not discriminate…

    • @johndalton4559
      @johndalton4559 Рік тому

      @@ALifeAfterLayoff Im sure of that! And it's meant as a joke since the gender gap doesnt really/barely exist if you correct for the relevant metrics.

    • @MrJonathanhidalgo365
      @MrJonathanhidalgo365 Рік тому

      @@BewareTheLilyOfTheValley I agree. When you’re dead broke and have no money you’ll take anything. Especially if you have kids, family to take care off etc. I don’t blame anyone for taking an offer

  • @pchang0303
    @pchang0303 Рік тому +3

    First!

  • @absolute3112
    @absolute3112 Рік тому +2

    Tech ppl getting paid too much????
    Do you have any idea how hard it is to study and then maintain a career it IT? Wherein , we humans built, programmed and maintained the computers that now replace everyone...BUT US!
    YOU got some damned nerve....
    Fkn hate HR ppl who have the nerve to complain IT people's salaries too high. Ugh....

  • @Nereus00
    @Nereus00 Рік тому

    I would still ask for something that is not in top 15% of salaries. Because you can relays negotiate afterwards especially after the dumb employer had to reject all other candidates and they can't go back and say oh you know what's after all maybe you are not that bad haha

  • @wclark3196
    @wclark3196 Рік тому +2

    TL;DR: The mistake is being an idiot.