- February 8, 2024
- Posted by: legaleseblogger
- Category: Related News
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Subject: Seeking Advice on Negotiating Salary After Interview
Hello Team,
I hope you are all doing well. I just wanted to reach out for some advice as I am uncertain about the standard practices in New Zealand regarding the negotiation of salaries after an interview.
I recently had a conversation with a recruiter who asked me the typical pre-interview questions and then invited me for an interview next week. In the course of our discussion, they inquired about my expected salary for the role. After I disclosed my desired salary figure, they proceeded to share the salary band for the position. It was at this point that I realized the value I had provided was actually the minimum they offer for the role.
Given this situation, my question to all of you is whether it would be considered too greedy or rude to renegotiate the salary after completing the interview. If not, I am also curious to know if it would be better to negotiate after an official job offer has been extended or during the interview itself if the question about salary comes up again.
I greatly appreciate any insights and advice you may have to offer on this matter. Thank you in advance for your expertise and guidance.
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It’s called a negotiation, so you can negotiate. In salary negotiations, you should, in my opinion, say what you want to take the job, and then if they say they’ll offer you less, you walk away, or you take it. If it’s the other way, and they offer you something, then you can say “I need xyz to take the job”, and they have the choice of saying “OK”, or “we don’t want to”.
This is why you should *never* be the first one to give a number. Let this be a lesson for next time.
But anyway, since youÔÇÖve already given them a number, at this point I would probably lie and say youÔÇÖve had a better offer, so you want to renegotiate.
DonÔÇÖt feel guilty either, as companies wonÔÇÖt hesitate to lie or withhold information from potential employees.
Just say after finding out more information and further considering the responsibilities of the role and discussing with your spouse youÔÇÖd expect (desired amount) to make it worth the effort youÔÇÖd be putting into the role.
Just donÔÇÖt take the piss otherwise it could be seen as an attitude red flag.
Do this at the end when you know they want you.
YouÔÇÖre never in a stronger position to negotiate than right now so shoot for the moon. You can always come down.
In my opinion it’s not uncommon to negotiate salary even after stating your expected salary. You can politely bring up your updated expectations after the interview or during the negotiation phase. It’s best to wait until an official job offer is made to initiate the negotiation process.
Won’t say it’s greedy since your asking is at the minimum on that salary band but It will be hard for you to negotiate since you already gave them your number.
The best way to do in this kind of situation is to have a multiple offers with other company so you have a power to negotiate even when the salary was already stated.
If you can’t do that, you can lie about having it. But could you afford if they said no?
Having been on the employer side of the desk for hundreds of negotiations, if your requirement was the bottom of the band I’d still give you an offer above that if I wanted you.
I don’t want to invest in my time and cost hiring you for you to be lured away in a few months.
Personally I’ve given my requirement many times as “what I need not to feel cheated/pay mortgage” and than either negotiated from that point or the employer offered MORE than my number, because they knew my worth.
The only time I’ve walked was when I was about 23 and the employer was yanking me around (they had no idea what they should be paying.)
You can ask ÔÇ£is this the best you can offer? It sounded like the salary range for the role was blah, so I was expecting an offer matching the band and my skillsÔÇØ. But then were your initial expectations based on a comparable set of perks? Just thinking, Maybe your previous role was fewer working hours, or had unlimited sick leave cover, or some other perks that many employers cover but these guys wonÔÇÖt? (Like I used to have my phone bills and insurance paid for by one of the employers, another provided a week extra of leave over the Christmas closedown, others allow working from home and sponsor your home office set-up, or have an extra allowance of $2k for training – this all goes towards the overall compensation package)
Definitely negotiate. And know your worth. Be prepared with data on how much your peers are earning elsewhere, why you deserve x amount etc. And donÔÇÖt be afraid of silence. State your expectation is x amount and then stop talking until they respond to that expectation. DonÔÇÖt back track. DonÔÇÖt then fill the silence. Show them youÔÇÖre serious. ItÔÇÖs something men do more than women and theyÔÇÖre generally more successful because of it. Women try to be nice, men have no hesitation to try to get the highest salary (generally).
Recruiters are a waste of time from my experience, but if they do progress I see no issue asking for more if you get an offer. I gave an expected salary when I was interviewing for my current job, at the end they offered what I asked, and I changed my mind and asked for more. I was happy with my current employer, so moving on was a risk. They came up and met me halfway with what I asked for. If you are not desperate, go hard.
Lol itÔÇÖs not impossible, there was once I told them my expected salary was around 70k.
However when it came to the offer I kind of changed my mind wanting to leave and I rejected the offer, and they kept coming back after each rejection.
This went on until 100k and I gave in and left for them as the salary increase was a little bit over the initial expectation.
My role. International contract hourly rates. us$3 – 350. Local NZ offers NZ$0 – $123. NZ wage and salary rates are well and truly out of whack, because the international rate of $3 is out of Bangladesh, or India, and only targets the bottom of the market. Meanwhile the NZ$0 rate by international terms is for mid level projects.
HR in NZ is a rort that adds costs to both employees and employers alike, and only benefits folk who have zero understanding of the roles that manage recruitment for (excepting of course recruiting for HR positions).
We would be much better off if employers simply took in people on the basis of a handshake and paid the new employee the full market rate plus the HR cut. Employees would do less shopping around, and would be more loyal to the employer that gave them a real chance and paid them adequately.
5 out of ten jobs I ever had were not managed by HR -those relationships lasted decades on and off. The HR managed roles lasted much shorter than employer managed relationships, and the HR managed roles were nightmares, of conflicted hierarchies, unrealistic responsibilities, and marginal pay.
Yes but itÔÇÖs a bit awkward since you are dealing with the recruiter and not directly. You can ask the recruiter to negotiate on your behalf, but they would have presented your expectations in advance of the interview. That will have set the tone, and willingness of the prospective employer to actually interview you. Your new asking price might push you outside of their allowance and cause them to reject you. Or you might get a little bit more and cause a fuss on the way in.
You can ask. But they have to be complete idiots to give you anything more than your initial expectation.
If they do you should question if you actually want to work for these people
So you interviewed with the recruiter ? Or at the company they lined up for you ?
Recruiters generally earn a fee or percentage of your salary that they owe to the company if you are hired. If it is percentage based, the recruiter benefits from you getting a higher salary agreement.
I think if you told the company interviewing directly that you expected X and then once offered you said actually i lied i want X+20k, then you will find they are not a fan. But it sounds like you have only said this to the recruiter ?
If so, i would likely get in contact them asap and let them know you have been doing some background homework on this position, and you believe that salary you indicated is lower that what you expect to be fairly compensated, and would like to correct yourself.
Maybe some BS about you had data from 5 years ago. You want to be upfront with them so they dont spend time setting an interview up with an employer where no ones on the same $$$ page.
That is unless you absolutely know the company will trip over themselves to hire you, then you have all the cards.
If they have directly told you the band range for that particular role at that business, and you have experience needed, there is no reason for you to be happy with the bottom of that band. You might even find your expected salary has not been given to the business, and is merely being used as a filter to ensure they arnt lining up people with completely unrealistic expectations.
If your comment┬áwas a general statement with a recruiter and not based on a specific role, then you can pass it off as a ballpark comment. ┬áitÔÇÖs time of your life that youÔÇÖre giving up to do work for someone else, so only you will know whatÔÇÖs worthwhile to you at one point.┬á
In my last job they made me an offer, I asked for $10,000 more, they said Ok. They, then you, can always decline. Or not.
I think the distinction is your working with a recruiter, who should be able to negotiate on your behalf. Each role will be different with different responsibilities and expectations, simply throwing a number out there before an interview is not an informed number. You’d hope the recruiter would simply say your in the range and then work with you to maximize your offer.
Definitely negotiate. When I went for my current role they asked me salary expectation at the end of the interview. I was a little thrown off as IÔÇÖd never had that question in an interview before.
I asked them to clarify the band, and then in a bit of a panic spat out a number that was higher than my previous role, but not high enough for how I shouldÔÇÖve valued myself. Regretted it as soon as the interview was over, but resolved to negotiate if they came back with a job offer.
When they came back with an offer they actually offered a number reasonably higher than what IÔÇÖd said in the interview. Even then I still negotiated as it would be my last chance til a pay rise. They were happy to negotiate and I ended up with a higher number again.
Once youÔÇÖve accepted the role youÔÇÖre basically stuck with that figure until you get a chance at a pay rise, promotion or another role. So your opportunity is before you accept. No harm in trying.
Honestly, you spoke to a recruiter, not the company directly! Nothing is finalised till the deed is signed.
You have all the right to say I’ve had a chance to think this through and I feel $xx would be a a sum I am to receive for the current role.
Ps. Recruiters fees depend on your salary (many get paid % fees) so it might just be in their interest to get you more.