Going to use different companies in this example, but this is what happened, say at Facebook and Google. I was fortunate enough to receive a verbal offer from both of them here's the story: 1. I got the FB verbal offer first, I asked them what range I should be able to expect, and she said it will be about 350k. I told them I was looking for 390k. The recruiter said she will get back to me to see if that can get approved. 2. During this time, I get a verbal offer from Google asking to schedule a time to discuss next week. 3. FB came back saying she could not get her approvers to budge. She is saying based on the interview performance, the HC had a hard time deciding if I should be a E4 instead of E5, they feel the offer is generous already, so that is why she will need more time to get things approved for a higher TC if possible at all. However, if I wanted to skip the waiting, she can go ahead and get me that 350k package. 4. I inform her that I had gotten a verbal offer from Google, I would like to join Facebook, but I really want 390k. She thanked me for the information, as this will definitely help my case for my desired TC. I would need to let her know what Google is offering, and I will give her the numbers next week. So at this point, I'm not sure if Google will downlevel me, there was a round I did not do particularly well. Should I compromise and give her an email saying that if she can get me a 370k package, I will verbally accept it now before the scheduled talk with Google. Or should I double down and even up the initial number to 400k? TC - 210k worth of peanuts YOE - 6 or 7 #offer #microsoft #slack #paypal #facebook #twitter #dropbox #amazon #atlassian #brex #google #instacart #square #twilio #faang #datadog #snowflake #rubrik #bloomberg #stripe #snap #lyft #uber #spotify #apple #robinhood #yelp #vmware
No at this point you just wait and see what she says, take that offer to Google, then if Google comes back higher, go with Google. Otherwise just go with fb. At that point the negotiation is over. Besides, we're talking 40k here. You'll make that back in signing bonus when you jump ship again in two years.
I see, so this 'middle of the road' tactic doesn't work? It's either 350k or however much google can offer?
I mean I wouldn't go for it myself. If you do it before she gets back to you, you're kneecapping yourself in the event that she would've come back with the 390k. If you wait till after she comes back and says "no, 350k is the highest we'll go, take it or leave it," you probably shouldn't press again on that either.
You should firmly hold your position whoever gives you 400k, should join that company
What if they both won't? They know I work at Microsoft and less than the salary...
Generally recruiter always keep buffer of 10-15% , you need to negotiate thinking that .