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Salary & Benefits Negotiation

Evidence-based strategies for negotiating compensation, flexibility, and benefitsβ€”whether starting a new role or in your current job.

68% of people accept the first offer without negotiating, costing them $600K-$1M over a 40-year career. Here's how to negotiate effectively without fear.

The Research

  • 68% of people never negotiate (Fidelity, 2023)
  • 7-15% average salary increase from negotiation (PayScale)
  • 0.5% of offers rescinded due to negotiation (Harvard Business Review)

The 6-Phase Negotiation Framework

Phase 1: Research (Before You Get an Offer)

Determine your market value using multiple sources:

  • Levels.fyi: Most accurate for tech salaries
  • Glassdoor: General ranges (tends to skew low)
  • LinkedIn Salary: Filter by location and experience
  • H1B Database: Public record of actual tech salaries

Your Target Numbers

Market Rate

50th percentile for the role

Aspirational

75th percentile (exceptional candidates)

Walk-Away

Minimum you'd accept

Phase 2: Delay Salary Discussion

When asked "What are your salary expectations?" early:

Option 1: Deflect Professionally

"I'm focused on finding the right role fit first. Once we both determine this is a mutual match, I'm confident we can agree on fair compensation."

Option 2: Give a Research-Based Range

"Based on my research for [role] in [location], I'm seeing ranges from $X to $Y. Does that align with your budget?"

Phase 3: Receiving the Offer

Step 1: Always express enthusiasm

"Thank you so much! I'm really excited about this opportunity. I'd like to review the full package and get back to you by [specific date]. Does that work?"

Step 2: Calculate total compensation (not just base salary)

  • Base Salary
  • Bonus/Commission (expected value, not max)
  • Equity (value Γ· vesting years)
  • Benefits (health insurance, 401k match, PTO)
  • Perks (remote work, learning budget, gym)

Phase 4: The Negotiation

Email Template:

Subject: [Your Name] - Offer Discussion

Hi [Hiring Manager],

Thank you for the offer! I'm excited about joining [Company] and contributing to [specific project].

I've reviewed the compensation package and would like to discuss the base salary. Based on my research for [role] in [market] and my [specific experience], I was expecting $[X-Y].

Given my [1-2 unique strengths], I'd like to propose $[specific number].

I'm confident we can find an arrangement that works for both of us.

Best,
[Your Name]

Phase 5: Handling Objections

Response: "This is the best we can do"

Your Reply: "If base is fixed, could we discuss equity/bonus/signing bonus/PTO to bridge the gap?"

Response: "We typically don't hire at that level"

Your Reply: "Given my experience, would you consider a 6-month performance review to re-evaluate?"

Phase 6: Negotiate Beyond Salary

If base salary won't budge, negotiate:

Signing Bonus

One-time payment to bridge the gap

Additional PTO

5 extra days = ~2% salary increase

Early Review

6-month vs 12-month performance review

Remote Flexibility

Full remote or extra WFH days

Common Mistakes to Avoid

  • ❌ Negotiating too early (wait for official offer)
  • ❌ Accepting immediately (always take 24-48 hours)
  • ❌ Making it personal ("I need this because...")
  • ❌ Being aggressive (collaborative tone wins)
  • ❌ Lying about other offers (will backfire)
  • ❌ Negotiating after accepting (once you accept, stop)

Negotiating a Raise (Current Job)

Build Your Case

  1. Market Data: "Comparable roles now pay $X-Y"
  2. Performance: "I've delivered [specific results]"
  3. Increased Scope: "My responsibilities now include..."
  4. Timing: Ask after a major win or during performance review

Your Negotiation Checklist

Before the Offer:

  • ☐ Research market salary range
  • ☐ Determine walk-away number
  • ☐ Identify unique value proposition
  • ☐ Practice with a friend

After the Offer:

  • ☐ Express enthusiasm
  • ☐ Request 24-48 hours to review
  • ☐ Calculate total compensation
  • ☐ Send professional counter-offer email
  • ☐ Get revised offer in writing

Resources

  • Research Tools: Levels.fyi, Glassdoor, PayScale, LinkedIn Salary
  • Book: Never Split the Difference by Chris Voss
  • This App: Use your Career Values to evaluate offers beyond just money

Ready to Take Action?

Use your Career Dashboard to identify specific opportunities for job crafting based on your unique strengths and values.

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