Salary.sg Forums - View Single Post

#2 (**permalink**) 02-06-2017, 10:44 AM

Quote:

Originally Posted by bishybashy

I'm a economics and finance graduate, transiting onto my 2nd job.

I work in middle office. focusing on regulatory work.

I receive a second offer of 5.7k/month through a headhunter. It was a 1 year contract in an investment bank. I asked if it was negotiable. The headhunter said no.

To be frank, I'm perfectly fine with that pay. But I wanna have some assurance that the headhunter is not fleecing me.

1) What are your suggestions? is it possible to attempt negotiation with HH

2) do you think its possible that the bank actually offered higher (eg. 6.5k a month) and the recruitment agency quote me 5.7k (ie, each month they earn 800 dollars off me)

3) what is your understanding on how recruitment agencies operate.

thanks in advance.

1) You can definitely try, the company wont take away the current offer just because you tried to negotiate with the HH. Whether or not the HH really goes back to negotiate is another story.

2) Recruitment agencies normally dont work this way. They will get a certain % of the annual package normally after your confirmation, so its in their interest to negotiate as high a salary for you as possible.