U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Work and Employment > Job Search
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-14-2019, 12:46 PM
 
4,069 posts, read 5,468,567 times
Reputation: 4920

Advertisements

Quote:
Originally Posted by gus2 View Post
Even if you could get the top of the range, why you would want to work an extra 12.5 hours a week for the same amount of money?
There are multiple issues with contracting. I completed a 12-month, but I was unemployed for 3 months. I got another contract for 6 months. I was unemployed again.

When I filed my taxes, I was making less money than as a perm employee. This is what happens, when you give up a 1/4th of your income between assignments.

The health insurance is terrible and cheap or good and expensive. I ended with over 12k in uncovered medical expenses last year also. There goes the extra money.

I am still unemployed from my last assignment. I am lucky to have landed a perm position, even though it's a 10% paycut.
Reply With Quote Quick reply to this message

 
Old 03-14-2019, 12:55 PM
 
1,550 posts, read 402,290 times
Reputation: 2896
Quote:
Originally Posted by gus2 View Post
Even if you could get the top of the range, why you would want to work an extra 12.5 hours a week for the same amount of money?
Contact is considered temporary work. Even if you have the job for a couple of years, it is still temporary work.
Reply With Quote Quick reply to this message
 
Old 03-14-2019, 01:12 PM
 
1,550 posts, read 402,290 times
Reputation: 2896
Quote:
Originally Posted by move4ward View Post
The recruiters will often need executive approval to above the mid range. For that approval, they need provide a justification such as a competing offer.

Line up a 2nd job offer for $71-72k, and they will come out at $73-74k to beat it.

If you get 2-3 offers it's even easier.
It isn't a good idea to play poker with them like that. The companies know what someone is worth and going an extra $3K is not a life changing situation.

Competing offers are someone's fantasy. In 2019 it takes months to get to an offer stage on another job if you have one available now. The best thing to do, is convince them you are worth what you are asking for by reviewing your present work and experience, and how great of a fit you are for this job.

From our point of view, someone telling me about an offer they have elsewhere, even if it wasn't bogus to begin with, I don't counter the offer. If someone has a real offer from someplace else, they should be making a decision of which one they want and take it. Because I have never seen two companies that are exactly the same offering the exact same job. It should be abundantly clear which offer to take. If they aren't able to make a choice other than a little more money, that tells me they don't have good judgement and that doesn't impress me. Now if someone wants more than we are offering and makes their case, that's different, but telling us about another offer seems like a game I'm not interested in playing.

As they say, your mileage may vary, but I have yet to hear someone getting all excited about wanting to get into a bidding war for a candidate.
Reply With Quote Quick reply to this message
 
Old 03-14-2019, 01:29 PM
 
4,069 posts, read 5,468,567 times
Reputation: 4920
Quote:
Originally Posted by rummage View Post
It isn't a good idea to play poker with them like that. The companies know what someone is worth and going an extra $3K is not a life changing situation.

Competing offers are someone's fantasy. In 2019 it takes months to get to an offer stage on another job if you have one available now. The best thing to do, is convince them you are worth what you are asking for by reviewing your present work and experience, and how great of a fit you are for this job.

From our point of view, someone telling me about an offer they have elsewhere, even if it wasn't bogus to begin with, I don't counter the offer. If someone has a real offer from someplace else, they should be making a decision of which one they want and take it. Because I have never seen two companies that are exactly the same offering the exact same job. It should be abundantly clear which offer to take. If they aren't able to make a choice other than a little more money, that tells me they don't have good judgement and that doesn't impress me. Now if someone wants more than we are offering and makes their case, that's different, but telling us about another offer seems like a game I'm not interested in playing.

As they say, your mileage may vary, but I have yet to hear someone getting all excited about wanting to get into a bidding war for a candidate.
The mid range would be $67.5k between the $60k-75k. It would be an extra $7.5k, if their preferred target beat a 2nd offer.

During the great recession of 2008, I was making $55k. I passed final interviews with 2 companies. I had an offer for $67k. I told the 2nd company of the offer, they beat it and offered me $75k.

It was a nice $20k jump from $50k done over a week.

I am unemployed right now. I had 2 offers lined up this week. Another one lined up next week, after the execs are back from vacation.

A former co-worker had 3 companies wanting to hire him. He got his preferred target to increase it 15%. These are $100k-$125k jobs.

If I followed your advice, I might still be making $55k + inflation today. I will continue to line up multiple offers to get the highest offer.
Reply With Quote Quick reply to this message
 
Old 03-14-2019, 01:41 PM
 
5,340 posts, read 5,303,414 times
Reputation: 12489
With all that experience, top level of education form a top school, etc. I would expect you to be a good deal higher than that range.

Answer is that it depends on the org and how they are structured. The hiring mgr can get you the salary you need to come aboard (within reason) if they want you aboard. I know how it works - I am a hiring mgr.

Best of luck
Reply With Quote Quick reply to this message
 
Old 03-14-2019, 01:48 PM
 
Location: East of Seattle since 1992, originally from SF Bay Area
29,794 posts, read 54,455,776 times
Reputation: 31105
It varies but from what I have seen over many years, anything above the middle of the range would be rare.

Here, we are by policy only allowed to offer between starting and midpoint. For your sake, I hope I'm wrong, but if I were to guess, I would say they will offer about $67,500. Most companies have a budget for labor and

salary ranges that allow for annual increases, and will not pay more just because someone is far more qualified.
Reply With Quote Quick reply to this message
 
Old 03-14-2019, 02:37 PM
 
360 posts, read 237,548 times
Reputation: 416
Quote:
Originally Posted by rummage View Post
How did you get that range number for the position? Did the hiring manager or HR in the company give that to you? Or was it posted with the job description?

Given your experience and current salary, I would ask for $75K, if that is acceptable to you. Always ask for the higher number, because they will always try to lower the number, but they won't raise it.

You said contract, is this a W2 contract?

Does this prospective job have other compensation other than the base salary, such as a bonus?

The salary range was listed with the job posting.
Reply With Quote Quick reply to this message
 
Old 03-14-2019, 02:39 PM
 
360 posts, read 237,548 times
Reputation: 416
Quote:
Originally Posted by Maddie104 View Post
I am assuming you are a 1099 contractor and paying full social security taxes at the self-employment rate so in valuing compensation it may not be apples to apples; not to mention other benefits, if of value to you.

You can certainly request the top of the range but you may get asked if you are flexible. Your experience and education may justify the top of the range. The main issue is whether there are employees in the job classification and how their salaries compare given comparable experience. Many employers are concerned about internal equity and will not pay a salary that exceeds the peer group unless there is sufficient justification.

I'm not a 1099 contractor. I receive a W-2, but my work is project based and I'm not salaried.
Reply With Quote Quick reply to this message
 
Old 03-14-2019, 02:40 PM
 
360 posts, read 237,548 times
Reputation: 416
Quote:
Originally Posted by move4ward View Post
There are multiple issues with contracting. I completed a 12-month, but I was unemployed for 3 months. I got another contract for 6 months. I was unemployed again.

When I filed my taxes, I was making less money than as a perm employee. This is what happens, when you give up a 1/4th of your income between assignments.

The health insurance is terrible and cheap or good and expensive. I ended with over 12k in uncovered medical expenses last year also. There goes the extra money.

I am still unemployed from my last assignment. I am lucky to have landed a perm position, even though it's a 10% paycut.

I said I do contract work, but I shouldn't have. I do project based work for an hourly amount. I am employed by three separate companies.
Reply With Quote Quick reply to this message
 
Old 03-14-2019, 02:43 PM
 
360 posts, read 237,548 times
Reputation: 416
Quote:
Originally Posted by G-fused View Post
With all that experience, top level of education form a top school, etc. I would expect you to be a good deal higher than that range.

Answer is that it depends on the org and how they are structured. The hiring mgr can get you the salary you need to come aboard (within reason) if they want you aboard. I know how it works - I am a hiring mgr.

Best of luck

Except I work in education, have been doing project based work since having my 3rd child, so sadly no, I am not.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Work and Employment > Job Search
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top