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Same role, title, responsibilities. Just different company. Same market/field/industry/company size.
In my experience, if salary is under $100k, the bump is usually $5k. If salary is over $100k, the bump is usually $10k
There is more to it than base salary. The entire compensation package and benefits matter. It also matters if one company is experiencing more growth than the other. Rarely would you find things exactly the same from one company to another like that. If you are making $150K at one company, you would need more than $10K increase to change companies, because you could lose out on things like stock options and when they can be exercised.
I think it simply depends on what the company is willing to pay. I had a phone screen for a job that is basically the same thing as my current role but the company is not as good as the one i'm at now. I told them what my requirements were and they were basically like yeah this position would be less. So as much as I dont like my current job I had to say no.
I think someone should try and find a higher salary in the next role...but at the same time if it's the same title, company and responsibilities than why should it be 5-10k more? Companies can be picky...they can easily find someone else for less.
There is more to it than base salary. The entire compensation package and benefits matter. It also matters if one company is experiencing more growth than the other. Rarely would you find things exactly the same from one company to another like that. If you are making $150K at one company, you would need more than $10K increase to change companies, because you could lose out on things like stock options and when they can be exercised.
^^ This.
There is no "rule" as there are so many factors that come into play.
All else equal - if your new company is 100% telework vs. a 2.5 hour commute at your current company, you may find it worth taking on the new job for no salary increase. And if you reverse that - there may need to be a substantial increase for you to want to deal with going in.
"Appropriate" is subjective and also situational. If you are unemployed and have bills to pay, an offer with lower salary may be considered appropriate.
Same role, title, responsibilities. Just different company. Same market/field/industry/company size.
In my experience, if salary is under $100k, the bump is usually $5k. If salary is over $100k, the bump is usually $10k
There is no set standard rate. It's all based on negotiation and market rate. If a $10k bump is above market rate, forget it. If $25k increase is market, you go for that.
To get the most money, line up multiple offers. If you get an offer, tell them you need to discuss it with your family or need more time.
When I was first laid off in 2008, I had an offer pending for a $13k increase and a discretionary $7k bonus that could pay zip. They said it would take a week to get the approved offer emailed to me.
I called back the 2nd place that was working on a final offer. I mentioned the other offer by their competitor. They asked me for a week to beat it. They came back with $20k increase and 0 bonus. I took the guaranteed $20k.
1) Line up a 2nd job offer from their competitors. When they know a competitor wants you, they want you more. They know you are in control.
2) Try to delay acceptance, but say somebody else needs to approve it(the wife/husband/family). You are the good cop.
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