Ask HN: How much money do I ask for?
I've reached the final stage of interviews for a mid-level dev job.
The interviewer asks me how much money I want to be paid. Having read patio11's essay about salary negotiation, I know not to give a number first. Unfortunately, after attempting to get past the question without answering, I realize that I am not patio11, and cannot get past the question without a lot of awkward silence. I crack and give a number.
How do I know how much money to ask for? Assuming that this is my first non-internship full-time dev gig, and that this job is not in San Francisco, and that I do not have any data about how much this company might pay mid-level devs.
14 comments
[ 4.0 ms ] story [ 49.9 ms ] threadYou should always try to come from the frame of you being excited about the opportunity and first want to make sure it's a good fit. The onus isn't on you to give a number, and in fact it's pretty ridiculous for them to demand it.
If you've reached the final stages you should be getting an offer letter with a salary amount and then you can negotiate from there. That not happening sounds strange.
With all that said it's pretty straightforward to use a site like glassdoor to see what salaries are at similiar jobs in the area. I see you made a new account just to ask this, iss this a larger company?
I can get an idea of how much a software engineer at the same company in, say, San Francisco makes, but of course I'll be making less here because of the difference in the cost of living.
My default number would be the median salary for a software engineer in my area, but to be honest, I'm a more valuable employee than the average engineer in my area, and think that after this lengthy interview process, my prospective employer agrees.
I've been in the awkward "I need a number situation" and have missed out on a lot of money because of it. One time, I even gave $X, and my interviewer came back with $X - ($X * 0.05). After a month of working at this place, I realized that I could have asked for twice as much money.
The company's quick alternative is to move someone from another location. Not only is such a person unlikely to take a pay cut based on location, they may ask for more. And certainly will ask for relocation expenses.
Relocation expenses, recruiter fees, etc are all part of the company's budget, not just salary. Don't sell yourself short.
Good luck.
This is a great suggestion. Shows you're savvy, doesn't give anything away and gets the ball rolling.
Can you even?
</snark>
In reality, you can negotiate from any position. A master negotiator can pull an ask for 60k followed by an ask for 100k without batting an eye. Most people are not master negotiators and tend to only negotiate their salary a few times in a decade.
The best way to negotiate is to hold all the cards, but even if you lay everything on the table, you can still hold the company over the coals if you know what to say or how to say it.
You: "As much as possible. How much have you got?" :-)
In my experience, places will pre-qualify candidates through the recruiter (the recruiter won't send them someone they can't afford) or HR will ask you for a range before you start interviewing (so they don't waste everyone's time).
The last time I was asked by a hiring manager what sort of range I was looking for, it went like this:
Company: "What sort of salary range are you looking for."
Me: "125-135K"
Company" "Our salary for a Senior Dev tops out at 122K"
Me: "That's not my problem." :-)
Company: (Smiling) "You're right."
Since this is your first full time gig, you can always say so (since they know already from your resume) and simply say "I don't know what's a reasonable wage in this city; I'm excited to work for you and expect to be treated fairly". You can find from glassdoor what other companies in that city are paying -- if they are in the neighborhood of those prices, go for it.
After all if you later find out they are screwing you you can use your experience to go find a better, better paying job. In the mean time you can learn stuff and do good work for them -- once you leave (for whatever reason) you can do so with your head high.