Tech Salary Negotiation: What You Need to Know

Ғылым және технология

We're living in the hottest tech market in history. If you're not sure how to negotiate your salary for a tech job, this video will teach you the basics. The knowledge and tricks in this video should help you get at least $5-10k higher base salary in any major U.S. city, along with better benefits and more respect from management.
Special thanks for Patrick (patio11) for this amazing article, which every software engineer and tech person should read:
www.kalzumeus.com/2012/01/23/s...
Table of Contents
0:40 Why engage in Salary Negotiation at all?
3:02 Counterintuitive Truths about Salary Negotiation (Reframing)
7:20 It's not just about Salary -- it's about Total Compensation
9:39 Negotiation Mindset: Everything is Fluid
10:50 Emotions - stay cool. There's nothing wrong with negotiating.
11:42 Salary Negotiation Component #1: Initial Salary
14:58 Useful Phrases (Salary Negotiation Tactics)
17:37 Salary Negotiation Component #2: Stock
18:43 Salary Negotiation Component #3: Healthcare
19:52 Salary Negotiation Component #4: Vacation
21:33 Salary Negotiation Component #5: Extras - Working Conditions, Company Culture, Child Care, etc.
22:55 Common Bonus Structure for different Job Titles (Programming and Operations/Sysadmin)
23:44 Salary Adjustments over time (pay and title bumps)
26:09 Retirement Accounts, e.g. 401k, 401k matching
27:11 Always Be Looking (keep an eye on your market)
28:30 Conclusion & Thanks to Mentors
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Пікірлер: 29

  • @TranOfficial
    @TranOfficial6 жыл бұрын

    Great video! Very clearly and thoroughly explained. Love the no frills PowerPoint-style delivery.

  • @jhwheeler7
    @jhwheeler77 жыл бұрын

    This is great! And applicable to anyone in the tech industry, not just sysadmins. Actually most of this applies for almost any position, not just tech. Thanks a lot, I really appreciate the tips!

  • @MGRay-xq8eh
    @MGRay-xq8eh7 жыл бұрын

    That sums up lots of things you might not be comfortable with at first. It's good to keep it in mind especially when you deal with small companies where you will not always find HR and managers.

  • @htwebhost2417
    @htwebhost24177 жыл бұрын

    As always great info. I learned some new things myself that I had not even thought about.

  • @josei.lastra9689
    @josei.lastra96897 жыл бұрын

    This video is very useful for everyone. Thanks for your effort.

  • @greyjohnson8946
    @greyjohnson89464 жыл бұрын

    Sophomore in college about to start my first internship. I’m so happy I saw this video before I start getting involved in these processes!

  • @blairbodnar
    @blairbodnar6 жыл бұрын

    Excellent video - This really helped me out. Thanks!

  • @thecleaner23
    @thecleaner237 жыл бұрын

    wow. thank you. I wish I knew all of this before accepting my first IT job out of college

  • @GabeNtheFabulous
    @GabeNtheFabulous7 жыл бұрын

    Really appreciate this video. Especially since I recently did it all wrong... Making about 20% below the reasonable baseline because I said numbers first and accepted their first offer (which was exactly the number I gave). You live and you learn, I guess.

  • @GabeNtheFabulous

    @GabeNtheFabulous

    7 жыл бұрын

    FYI: I'm a DevOps engineer rip

  • @tutoriaLinux

    @tutoriaLinux

    7 жыл бұрын

    Yeah, I've made some hilarious mistakes too. Once I actually (out of some kind of insane pride) UNDERbid the offer, after it had already been given. It's just so bizarre that I have to laugh, in retrospect -- of course it was less funny then. No one taught me how to negotiate this kind of thing, growing up. Like you said, you live and you learn :-D.

  • @GabeNtheFabulous

    @GabeNtheFabulous

    7 жыл бұрын

    Well, at least they won't get rid of me for being too expensive xD

  • @tutoriaLinux

    @tutoriaLinux

    7 жыл бұрын

    Heh. If you're in a big city or metro area, I'd recommend finding the market rate for your job and then talking to your manager to see if they'll make a market adjustment. If this is your first job, it might be OK to ride it out until you have a year or so under your belt, but there's no harm in asking. It's really expensive for companies to lose tech people right now, especially in larger metro areas where demand is insane. If you frame the conversation as "Hey, I really like it here, but market rate seems to be 30k higher than what I make here -- I've done project a, b, and c and I think that work shows that I'm a strong technical contributor here. What can you do to bring me up to market?" you might be able to at least get a *little* bit of a bump. If they underpay you for any length of time and you aren't absolutely in love with the job, just interview somewhere else and then leave for a better offer.

  • @soiralknarf
    @soiralknarf7 жыл бұрын

    Hey Dave I'd like to see a video where you cover some of the legal obligations of being a sysadmin like HIPAA, PCI, etc.

  • 7 жыл бұрын

    awesome vid

  • @VanDerLaars
    @VanDerLaars6 жыл бұрын

    Had to come here and have a look at the beach (heard at the podcast) :D In time; I guess I'd never get through an interview in the US. I'm born i Brazil, been living in Sweden for the past 10 years but I'm actually German in the spirit. Try to be as effective as possible so interviews are like waste of time for me. Both for them and for me. Once here in Sweden after one hour with the guy asking about beaches and Brazilian girls I was like: Hey, you know what I can and I can tell you what I can't. If we're not moving forward with this I'd better get going cause I might as well use my time with something else more productive. Of course I didn't get the job (they didn't have any job actually). Turned out the guy was interested in talking to me cause I'm Brazilian and he was curious about it. A few years later I met the guy i a very different situation.

  • @davidbasil2727
    @davidbasil27277 жыл бұрын

    Why the hell neither parents nor school teach these things?

  • @mycricketpassion
    @mycricketpassion4 жыл бұрын

    These type of salary negotiations works in USA job market not here in Canada where 1 job vs 50 candidates looking for jobs. One of slowest job market in G20 countries

  • @KristoferOlafsson
    @KristoferOlafsson7 жыл бұрын

    When I was a young IT tech. I had to negotiate to get to $15 an hour from the original offer of $12. After starting I found out the guy starting 2 weeks before me made $17 an hour. -_-

  • @Usertrappedindatabase
    @Usertrappedindatabase3 жыл бұрын

    What about when their first question straight outta the gate is: as far as compensation goes, what were you looking for?

  • @tutoriaLinux

    @tutoriaLinux

    3 жыл бұрын

    I’d counter with “what’s the range for this position?” If I really don’t want to tell them for some reason I’d say I want to know more about the role first (although I usually have no problem telling them). And if they get weird and push, I’d raise my ask by about 30-50k. If the recruiter or manager doing the phone screen turns you off, I’d recommend writing a quick email to the company about anything weird they did. Recruiting is hard and if their hiring mgrs or recruiters are driving people away, the company will want to know about it. Overall, just know your approximate market value and add a few multiples of 10k when asked about yearly salary requirements.

  • @Usertrappedindatabase

    @Usertrappedindatabase

    3 жыл бұрын

    @@tutoriaLinux Yeah I basically did that, gave them a high range and asked more about the position.

  • @finelliott
    @finelliott7 жыл бұрын

    90k a year.. What skills are required for this pay grade? I have been stuck at 40k a year for years now. Thanks!

  • @jackgogvail2565
    @jackgogvail25657 жыл бұрын

    Is this a thing In australia

  • @xanosdarkpaw1
    @xanosdarkpaw17 жыл бұрын

    Extra $5k/month... That's literally twice my current paycheck. I'm in a first world nation too! Where the hell do people that make this much money work? On the Moon!?

  • @osamazaid5784

    @osamazaid5784

    7 жыл бұрын

    Hiver he said extra $5k per year, not per month

  • @xanosdarkpaw1

    @xanosdarkpaw1

    7 жыл бұрын

    That explains it...

  • @qsyt731
    @qsyt7317 жыл бұрын

    Very informative, but please try to make it terse.

  • @techie9265
    @techie92657 жыл бұрын

    Sorry if it's not my business but id like to know what's your salary range and what are your qualifications?

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