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I received an offer that I need help evaluating. Assistant Controller Los Angeles $165k base + 30% bonus YOE 10 Current Salary $133k + 15% bonus The range for this role was $140k - $150k. I’m currently living on the other end of LA and this role would require me to move (about 100 mile move). They are only offering up to $10k in relocation assistance. Is this something I can negotiate? I’ve had relocation package that covered the closing costs related to a home sale. I do like this role and want to accept. But just want to ensure I’m not leaving anything on the table. I haven’t been the greatest negotiator in the past…so looking for some advice. #finance #offer
You can definitely negotiate relocation.
No way… I live in a low/med COL area and I am about the same level and my TC is about $225K
Offer is a bit on the low end, but not incredibly so. If they really pay 30% bonus then you’re at around $215k total comp, which is a bit on the low end for 10 YOE, but not out of range. Who is the offer with? What industry? Is this a public company or a private company? Are you at corporate or is it Assistant Controller of a BU or a subsidiary? If this is a private company or a BU/division of a public company then the offer is fine and likely mid-range. If you’re expected to be in a SOX/SEC environment then it’s a little bit low, but still in range. As for the COL, I’m sure it’s negotiable. If they really are sold on your candidacy, then they should be fine with another $5k - $10k as a sign-on bonus. The COL has a clawback anyways and they won’t let $5k - $10k kill the offer
The industry is food manufacturing. And it’s a BU I can see there’s some confusion about corporate or tech roles.
That’s a decent offer. Agree with the sign on. You can maybe squeeze another $5-10k on base, which if they reject, you can counter with a sign-on equivalent for the extra suggested bump. Assuming no equity either since I doubt it’s the norm in food manufacturing. Just as importantly, are there supply chain risks / dependencies to their production on foreign materials? We’re nowhere near out of the woods in terms of crises. Last thing you wanna do is enter a business heavily dependent on foreign ingredient imports.
Could you not just request remote work? Is your hire contingent on moving?
Seems like a low ball for 10 YOE. I’m at 5 YOE and at 215 TC without stock appreciation in finance (not controllership so maybe bump down by like ~10%-20% for an accurate comp). That’s being said I’ve only ever worked for banks and FAANG so I don’t know what’s normal in other companies, but at 10 YOE people at my firm are clearing 400k TC pretty easily.
What type of role are you in?
Second this. I’m 5 YOE at Amazon with a comp of $170k based out of a LCOL city - Austin. 150k for a controller role is not acceptable. I interviewed for a controller position in NY and my base was going to be $190k plus 20% bonus
Thanks all for the input. I was able to negotiate a bit.
Assistant controller with 10oe? Should be at LEAST 200 base.
This
qao
Can you secure housing in the new area without taking a financial hit? Housing and rental market are crazy right now
This will be a challenge in itself.
YOE?
10 years
Low ball I think.