Comment by dumpsterdiver
3 years ago
I've had pretty good success being completely honest about my salary requirements. A 10% raise just won't cut for me, because I care about my team. The only way I'm willing to leave is for a <your_number_here>% raise, and comparable benefits.
Edit: I'm probably biased, because I've been shown a lot of love the past few years by my current employer, in the form of money.
Those were example numbers. The key part is the asimetric information: the new company knows your rock bottom, while you have no way to know their upper limit.
Yeah, I get it, and you're not wrong - you'll probably end up with a higher salary operating that way. It's just not for me. I've already reached my "good enough" salary (the hard way), and at this point I'm more focused on what I can give back.
You don't get it. It's not about you.
Statistically, with this setup, companies will constantly underpay. Yes, there will be some outliers being overpaid or those happy with their salary, but most will be in fact underpaid.
3 replies →
I still carry the trauma from a previous exployer1 and though I pretty like my current one, the relationship is regularly reevaluated.
1. this was an honest typo in the beginning, but reading it I decided that it is a right one.