What do you reveal when nego with counter offer? Ideally you get a comparable company with higher TC, and you will reveal that. What if the comparable company is offering lower TC? Do you then just name drop I have offer from your competitor and then guide the conversation to 'if TC can move to X I will accept' (note that you never give competing offer TC away here). What if the company is not comparable (lower tier) but TC is much higher? Do you just then say I have competing offer from TC from a fortune 500 company in named sector, but not give details on who the company is?
prestige / company tier is 100% taken into account, especially if it’s a company known for giving inflated TCs or titles it’s all part of the calculus. google can assume that people would rather join them than snap, so they don’t need to match as much
What about the case when you negotiate with an offer from pre-IPO company (and thus, paper money)?Does it make any sense to reveal any numbers at all then?
yeah public companies will def consider it if it’s a late stage private company close to IPO (uber etc)
But they will not try to match the numbers I guess, since the valuation is speculative. What’s the typical process then?
All that really matters is the money in the offer. I don’t think “prestige” is taken into account in salary negotiations with recruiters. Recruiters aren’t going to refuse to counter simply because your offer is from a “lower tier” company. Nobody cares about that shit in real life. I normally tell them i have another offer and if they ask how much I answer them honestly. You may be asked to produce the offer as proof. Sometimes they’ll beat it, other times they won’t.
Many posters here say higher tier FAANG will only match 'worthy' companies TC
I agree. In fact in my experience, FAANG didn't take offer from well known companies on their way to IPO way too seriously. They negotiated, but wouldn't match the stocks offer. Which makes sense I guess.