Bloomberg recruiter call after 4 rounds onsite. How to answer salary negotiation questions?

New
2σ or BUST

New

2σ or BUST
Jun 2, 2020 13 Comments

Hello blinders,

Recently I was fortunate enough to receive an interview invitation from Bloomberg.
Passed the phone screening and after a week was notified to schedule an onsite interview date.

My onsite occurred last week, and though I was originally asked for only two rounds (stated in the email), the engineer after 2nd round told me to continue as there will be more rounds following up.

In the end I had HR round and what it seemed to be a manager round, both of which I believe I did well on.

Today, I received an email from the recruiter saying she'd like to follow up regarding my interview and schedule for a phone call.

This could mean two things; a) I was rejected and they are notifying through a call. b) salary negotiation and other HR related questions.

I'd like to prepare for the best case scenario and would like to be walked through on how to negotiate my salary / answer HR related questions. Looking at levels.fyi, bloomberg seems to give on average 142k base with 20k bonus for new grads.

I also have a pending offer with another company, but wondering if I should even bring this up during the call, since I recall seeing another blind post about a person getting rejected by Bloomberg once they said they'll have to think about cancelling their other interviews if Bloomberg were to give them an offer on spot during this call.

With the covid-19 situation, I feel like if I bring the other offer to leverage, they might as well just go with another candidate and revoke my offer. What would be the best way to prepare for salary negotiation and HR questions - such as - "do you have any pending offer?" "are you in any other interview in process?"

Thanks in advance for the help!

Below is TC and YOE, but this won't help much since I am a new graduate.
YOE: 0
TC: 0
#bloomberg #salarynegotiation #newgrad

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TOP 13 Comments
  • Bloomberg doesn’t call for rejection. So you definitely got an offer.

    Nobody revokes offer because you have other offers. Definitely negotiate because they want you. If you have offers, do mention it after hearing the recruiter.
    Jun 2, 2020 1
    • New
      2σ or BUST

      New

      2σ or BUST
      OP
      Thanks for the input! Will definitely keep this in mind
      Jun 2, 2020
  • If it’s a strong company, mention the pending offer during negotiation. I know new grads who have TC bumped up to 175 just for mentioning that they were doing an on-site for FB/G.

    I know the other post you’re talking about, but I’ve never heard about that happening anywhere else here. BBG is usually happy to negotiate in my experience, although they won’t always match beyond ~200 for new grads.
    Jun 2, 2020 1
    • New
      2σ or BUST

      New

      2σ or BUST
      OP
      This is great information, thank you so much! And yes, I also got the vibe of some room for negotiation / engineers being really satisfied from my interview loop. Hopefully things go well :)
      Jun 2, 2020
  • Intuit
    holablind

    Go to company page Intuit

    holablind
    What questions did you get for phone and onsite?
    Jun 2, 2020 2
    • New
      2σ or BUST

      New

      2σ or BUST
      OP
      Hey! For phone I received a binary search question, given a sorted array, return index of the target value or value closest to the target if target does not exist within the array. I received reverse word order in string (they want you to implement in place O(1) space solution), a custom question related to grouping words in a given text corpus, (couldn't find a question similar to this on leetcode, but its very practical and not too convoluted), subway system, and designing a raffle system to raise money. Best of luck!!
      Jun 2, 2020
    • Intuit
      holablind

      Go to company page Intuit

      holablind
      Thanks, congrats on the pending offer too! May I know the company?
      Jun 2, 2020
  • How long did it take for them to reach out back to you after the on-site interview?
    It's been 1 week since my interview but I have not heard back yet. Any inputs?
    Jun 4, 2020 0
  • @OP can i DM you?
    Sep 2, 2020 0