3 ms·
The problem with most online salary negotiation advice is that it revolves around this idea that hiring is a 1-on-1 game between the candidate and the company.
by PragmaticPulp 6y ago
The problem with most online salary negotiation advice is that it revolves around this idea that hiring is a 1-on-1 game between the candidate and the company. It assumes that the company has no other choices, so they must cave to the demands of the candidate.
In practice, companies keep multiple candidates in the hiring pipeline and candidates usually interview with multiple companies at once. It's not a 1-on-1 game, it's an N-on-M game. Unless the specific candidate has something ultra-specific to offer, companies are fine with declining increased salary demands.
I'm not suggesting that people shouldn't negotiate, but you have to keep in mind that neither side holds all of the cards.
> Candidate: I'll walk if you give me less than $140K.
> Hiring manager: Ok... Bye?
As a hiring manager, I might have multiple candidates with different levels of seniority in my hiring pipeline. I might be willing to pay $300K for a senior, $200K for a mid-level, and $100K for a junior employee (example numbers). If my mid-level candidate threatens to walk unless I pay them $300K, I'm going to let them walk and give the $300K offer to the more senior candidate. I have no desire to overpay for a mid-level when I can get a senior-level for the same price.
This is what most people forget in negotiations: You're not just negotiating against the company, you're negotiating against everyone else who wants the job.
In practice, reaching equilibrium requires being willing to push the demands until your demands or offers are being rejected more than they're being accepted. That requires more sample points, so always apply to as many jobs as possible.