New Job Offer that only match current salary, should i negotiate?
 

Hi, all sifus here.

I am 30yo male currently work a local small SME as sales engineer with 4.5k + AWS + ~1 mth bonus. I am getting increment in Jan 2020. Last yr my increment was 5%.

Got an offer from a MNC but they annual income just match existing company (consider 5% increment for next yr). And i will burn my bonus coz i am leaving early next year. Resign this week and last day mid Jan 2020.

But I am definately leaving because of no progression.

Question is should i negotiate for a higher starting salary with the MNC company?
Does HR in MNC company normally allow for such negotiation?
I worry negotiating will result in bad impression with future boss.

Edit:
New role is doing Bidding/Tender in the similar industry which my experience can bring over.

May i know your working experience ?

I have 4 years experience in project management (Execution), 1.5 years in sales and new role is tendering. It's all in the same industry.

Are you a degree holder? Offer seems quite low for someone with 5+ years exp.

degree holder in engineering. Worth it to jump ship for 0% increment?
But the current company really not worth staying as no progression.

2015-2017 - Project engineer in Construction (ACMV) - Local SME (50 employee) Starting 2.9k, Leave 3.8k

2018-2019 - Sales Engineer (ACMV Equipment) - Local SME (10 employee)
Starting 4.2k, now 4.5k (not many employer benefits)

2020 - Bidding Engineer (Building Automation) - German MNC
Offer me 4.5k

Could be worth it if you see better career progression in your new company.

SMEs are generally not worth joining in the first place, which is why they mostly hire foreigners.

[QUOTE=di3hard;127077]degree holder in engineering. Worth it to jump ship for 0% increment?
But the current company really not worth staying as no progression.

2015-2017 - Project engineer in Construction (ACMV) - Local SME (50 employee) Starting 2.9k, Leave 3.8k

2018-2019 - Sales Engineer (ACMV Equipment) - Local SME (10 employee)
Starting 4.2k, now 4.5k (not many employer benefits)

2020 - Bidding Engineer (Building Automation) - German MNC
Offer me 4.5k[/QUOTE

Normally MNC has better benefits and better bonus, so should calculate in terms of annual remuneration package instead of monthly basic.
Secondly, having a MNC experience will help in your CV to look for other jobs in the future especially for engineering.
I started off as engineer at SME 10 years ago and joined MNC after around 2 years with very minimal increment 9%. Thereafter, have a few job changes working for local, overseas MNC with better career prospect.

What's your pay and progression so far?

I started with 2.3k in end 2009.
Now earning 10k basic with a junior-mid management role in a overseas MNC.
Of course, cannot be compared to the finance sector. Doing just fine.

OP probably already don't need this advice. But for future young folks with similar question - ALWAYS NEGOTIATE YOUR OFFER. No, the boss or HR will not have a bad impression of you if you negotiate. Don't be naive - the first offer is always the opening bid - just be polite to ask for more. If you are polite but confident there is no reason for them to be offended.

When switching jobs, 20% salary bump is normal... otherwise why waste your time? Keep looking until you find another suitable job that will give you at least some increment before you move.

Is it okay if the salary bump is smaller but they replace it with things like more annual leave and other benefit?

That really depends on what you value or prefer. Some people don't mind opting to have more days of annual leave so they can go on holidays / take time off for family.

If you rather get paid more and give up some annual leave or other benefits, that could be something you can negotiate for. You can speak openly with the company to take a lower number of annual leave or other benefits, in exchange for higher annual salary.

Apart from that, the key with any salary negotiation is to put together a compelling case to the employer of why you deserve the salary you are negotiating for. If an employer is deciding between you and another candidate - why should you be paid $x more?

You'll need to justify the incremental salary with relevant work experiences you may have, skills you have developed that's directly applicable in the role, a compelling portfolio, or what you can tangibly contribute.

One tip is that you can look at the company's goals and business problem, and put together a proposal or action plan on what you will implement if you are hired.

For other jobseekers dealing with how to share expected their expected salary during the interview process ..

Agreed with the posts here.

While salary negotiation is a taboo for fresh hires or industry jumps with little prior relevancy, it is commonplace if you’re maneuvering around the same career trajectory. No you will not irk the other party off, it’s purely business.

So TS did you go to Siemens in the end

Degree or not isn't the problem. It is the role and your past experience in a SME that's hindering your progress. We normally don't pay well for SME crossovers. But you can prove your worth and move up the pay scale quite quickly if you prove to be capable.