Should I accept a new job with 11% base salary increase?
i am currently working at a local company, low base but high bonus. Stable and political. That's why I decided to jump.
I choose a famous company in a different industry. They pay high base but low bonus, fast paced and a lot of things to learn. They made me a verbal offer I will receiveing a 11% salary increase based on my current fixer pay (current monthly income, aws, allowance). I was asking for 15% during interview. Next week, I will be coming to their office for pacakge review. How can I negotiate with them again to make 15% increment? |
you should ensure that you get 15% increment in (annual total package inclusive bonus), not just in monthly base salary.
eg current package basic = 3000 bonus = 6 months annual package = (12 + 6) x 3000 = 54000 your situation + 15% base basic = 3450 bonus = 2 months annual package = (12 + 2) x 3450 = 48300 (you actually taking a pay cut in annual salary) my recommendation (+15% annual package) = 54000 x 1.15 = 62100 you should ask them for 62100 annual salary (inclusive bonus) regardless of the no of month of bonus they give. |
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Then I ask them for 15% increase in my fix pay and eventually they gave me 11%.... This is my first changing job, guess they play a trick on me... |
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