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I 2.5x’d my salary by 1. Hiring a negotiation consultant, and 2. Get offers from 3 FAANGs. The consultant just told me what to say/email, and I did it. Not s
by jnwatson 3y ago
I 2.5x’d my salary by
1. Hiring a negotiation consultant, and
2. Get offers from 3 FAANGs.
The consultant just told me what to say/email, and I did it. Not sure it would happen now 2 years later.
- jmckib 3y agoHow did you go about finding a negotiation consultant?
- teaearlgraycold 3y agoI used levels.fyi and got an extra $50k over the initial offer. The fee was $500. A good ROI!
- bubblethink 3y agoCould you have done it yourself though? Pretty curious what the unique insight here is. Some wiggle room is generally a given, and rest is up to unique circumstances.
- isatty 3y agoYou most definitely could have. The important thing here is the competing offers. Without those, no compensation negotiator in the world could’ve done anything. Anyway, the other person is happy so whatever.
- bubblethink 3y agoYeah, consultant at this stage seems a bit unnecessary. But it's also a business with high success rate and customer satisfaction. Kind of like placebo. Pretty good deal from the consultant's pov.
- yazaddaruvala 3y agoI also used levels.fyi they most certainly helped. The consultant previously worked at both Amazon and Facebook. I was working at Amazon at the time, and got competing offers from Facebook and Google. Even with the competing offers I’m very happy I spent $3k for the consultant. Lots of good drafts of emails ( I did still need to carry the email ), but lots of great advice about strategy, and about what buzzwords to say and to avoid, which company to talk to first and what number to ask for that would be very easy for them to hit. We ended up pushing FBs offer up to the limit before triggering an escalation then sent that to Google to beat. I would NOT have done as well without them. They even told me “FB is gonna try and pressure you with a time limited offer. The time limit is not real. Don’t feel the pressure.” Stupid info like this was itself worth the money.
- jnwatson 3y agoMy experience was quite similar.
- minitoar 3y agoI find it very difficult to get competing offers in such a way that they care to outbid each other. Usually it’s just a nominally similar but differently structured offer.
- teaearlgraycold 3y agoActually I had no competing offers :P I did have a job at the time, though.
- teaearlgraycold 3y agoI think having been walked through the process once I'd be able to do it myself. It's not too complicated but you do need to know a few things. 1. Each level has a range of salary/stock that they can't go above and you can infer the range by looking at the reported info on levels.fyi. For my company you have no possibility of negotiating into a higher level. 2. If you haven't been offered a signing bonus just say the words and 10s of thousands of dollars will magically appear. 3. You can push back on their offers many times. Previously I'd only ever made one negotiation move but I think there were 3 rounds of back-and-forth for my current job.
- teaearlgraycold 3y agoJust learned levels.fyi is direct linking to this comment on their site. Not sure how I feel about that but I can’t stop them.
- zuhayeer 3y agoHey, will take it down. It was just good social proof for us especially coming from the HN community, but perhaps should have checked first
- pyuser583 3y agoWhat was before and after salary?
- heinekan 3y agoVery interesting. Could you share how you got the consultant and how much it was for you?
- jnwatson 3y agoI got it on levels.fyi. It was a couple thousand.
- sam2426679 3y agoSame here, but I used interviewing.io for both practice mocks and subsequent negotiations.
- Aperocky 3y agoAre these a long term boost though? I think the compensation bands are eventually going to be based off performance and level after the signing bonus wears off.
- deleted 3y ago[deleted]
- leeoniya 3y ago> 2. Get offers from 3 FAANGs. buried the lede. securing offers from 3 FAANGs is something very few people can do. that alone is immense leverage.
- akmarinov 3y ago2 years ago? Not really, all the FAANGs were hiring like crazy to keep talent off the market. Nowadays after they cut all those people - yeah, definitely