Absolutely.
Most companies view interns like any other position they are trying to fill. They want the best talent at a reasonable price. Most companies will set an initial salary that is competitive in order to attract the applicants they want. Ultimately, their program will be limited by their overall budget, but almost all companies can find additional funding in a pinch to hire the students they truly want.
A few considerations:
- Some companies may be highly bureaucratic and not want to "unfairly" compensate interns at different wage levels. In this case, they likely will not hold it agai
Absolutely.
Most companies view interns like any other position they are trying to fill. They want the best talent at a reasonable price. Most companies will set an initial salary that is competitive in order to attract the applicants they want. Ultimately, their program will be limited by their overall budget, but almost all companies can find additional funding in a pinch to hire the students they truly want.
A few considerations:
- Some companies may be highly bureaucratic and not want to "unfairly" compensate interns at different wage levels. In this case, they likely will not hold it against you that you asked for a higher salary but they may not provide one either. This is more likely at larger companies for whom being flexible isn't worth it.
- If you negotiate the right way it will almost never be held against you. In fact a lot of companies will see this as a strength, and so even if they do not have the budget to afford the increase you are asking for they will see you as a more professional and desirable candidate.
- Negotiation is best done over the phone. If you have an offer and you'd like to ask for a higher offer, tell the employer you had some follow-up questions you wanted to go over.
- It helps a ton to have another offer to base your request off of. The formula provided by Neel is a great route to go. "You offered me X. I really like your role. Another company I am also interested in offered me Y. I'd really like to work for you all as I think it is a better culture fit, is there any way you could also offer me Y?" Expect to either get Y back, something between X and Y or an apology as to why no increase can be made.
- The odds of this backfiring are very slim but it could happen. There is little reason for a company to not at least allow you to accept their original offer. The only instance where this is not the case, is if the common has a culture built on a high degree of respect, and it was expressed to you that the salary is incredibly high and non-negotiable. In this rare instance, in can be construed as disrespectful not to accept an offer as is. The other outlier scenario is that an employer receives a better candidate or another acceptance in the time from when you are negotiating to when you sign the current offer. In this case they could rescind the offer as well. Both cases are extremely rare but not unheard of.
- Startups are highly like to negotiate. They have very few rules and care tremendously about talent. SMBs are also flexible when negotiating but may be more cash strapped then other companies. Big companies are the most likely to have budget and many will be highly concerned that you might accept a role at a competitor, but some do have internal restrictions on intern salary.
- Enjoy your negotiation! It is a great skill to have and learn early. Don't negotiate just for the sake of it, but if you feel like you deserve a higher salary than this is always worth doing.
Yes.
Though my experience is limited to software companies, I have found that internship offers are definitely negotiable. Throughout my time in school, I successfully negotiated for higher salaries from seven different companies for internship offers.
As far as technique goes, there might have been a little more subtlely to the language I used, but the gist of it was, "You guys are offering x, this other company is offering x + Δ, but I like you guys better than them, so can you please raise my offer by Δ?"
That said, I would expect that you'd be less likely to be successful if the companies you
Yes.
Though my experience is limited to software companies, I have found that internship offers are definitely negotiable. Throughout my time in school, I successfully negotiated for higher salaries from seven different companies for internship offers.
As far as technique goes, there might have been a little more subtlely to the language I used, but the gist of it was, "You guys are offering x, this other company is offering x + Δ, but I like you guys better than them, so can you please raise my offer by Δ?"
That said, I would expect that you'd be less likely to be successful if the companies you're talking to are at the highest end of the pay scale for interns and have thorough knowledge of the competition.
Where do I start?
I’m a huge financial nerd, and have spent an embarrassing amount of time talking to people about their money habits.
Here are the biggest mistakes people are making and how to fix them:
Not having a separate high interest savings account
Having a separate account allows you to see the results of all your hard work and keep your money separate so you're less tempted to spend it.
Plus with rates above 5.00%, the interest you can earn compared to most banks really adds up.
Here is a list of the top savings accounts available today. Deposit $5 before moving on because this is one of th
Where do I start?
I’m a huge financial nerd, and have spent an embarrassing amount of time talking to people about their money habits.
Here are the biggest mistakes people are making and how to fix them:
Not having a separate high interest savings account
Having a separate account allows you to see the results of all your hard work and keep your money separate so you're less tempted to spend it.
Plus with rates above 5.00%, the interest you can earn compared to most banks really adds up.
Here is a list of the top savings accounts available today. Deposit $5 before moving on because this is one of the biggest mistakes and easiest ones to fix.
Overpaying on car insurance
You’ve heard it a million times before, but the average American family still overspends by $417/year on car insurance.
If you’ve been with the same insurer for years, chances are you are one of them.
Pull up Coverage.com, a free site that will compare prices for you, answer the questions on the page, and it will show you how much you could be saving.
That’s it. You’ll likely be saving a bunch of money. Here’s a link to give it a try.
Consistently being in debt
If you’ve got $10K+ in debt (credit cards…medical bills…anything really) you could use a debt relief program and potentially reduce by over 20%.
Here’s how to see if you qualify:
Head over to this Debt Relief comparison website here, then simply answer the questions to see if you qualify.
It’s as simple as that. You’ll likely end up paying less than you owed before and you could be debt free in as little as 2 years.
Missing out on free money to invest
It’s no secret that millionaires love investing, but for the rest of us, it can seem out of reach.
Times have changed. There are a number of investing platforms that will give you a bonus to open an account and get started. All you have to do is open the account and invest at least $25, and you could get up to $1000 in bonus.
Pretty sweet deal right? Here is a link to some of the best options.
Having bad credit
A low credit score can come back to bite you in so many ways in the future.
From that next rental application to getting approved for any type of loan or credit card, if you have a bad history with credit, the good news is you can fix it.
Head over to BankRate.com and answer a few questions to see if you qualify. It only takes a few minutes and could save you from a major upset down the line.
How to get started
Hope this helps! Here are the links to get started:
Have a separate savings account
Stop overpaying for car insurance
Finally get out of debt
Start investing with a free bonus
Fix your credit
Yes, internship salaries are often negotiable, especially in tech companies like Microsoft, IBM, and Google. Here are some effective strategies for negotiating your internship salary:
1. Research Industry Standards
- Market Rates: Use websites like Glassdoor, Payscale, and LinkedIn to research typical salaries for interns in your field and location.
- Company-Specific Data: Look for salary reports or forums (e.g., Blind, levels.fyi) that provide insights into specific companies.
2. Know Your Value
- Skills and Experience: Highlight any relevant skills, coursework, projects, or prior experiences that make
Yes, internship salaries are often negotiable, especially in tech companies like Microsoft, IBM, and Google. Here are some effective strategies for negotiating your internship salary:
1. Research Industry Standards
- Market Rates: Use websites like Glassdoor, Payscale, and LinkedIn to research typical salaries for interns in your field and location.
- Company-Specific Data: Look for salary reports or forums (e.g., Blind, levels.fyi) that provide insights into specific companies.
2. Know Your Value
- Skills and Experience: Highlight any relevant skills, coursework, projects, or prior experiences that make you a strong candidate.
- Unique Contributions: If you have unique skills (e.g., programming languages, tools), emphasize how these can benefit the team.
3. Timing Is Key
- Wait for an Offer: Only negotiate after receiving an official offer. This puts you in a stronger position as the company has already expressed interest.
- Express Enthusiasm: Make it clear that you are excited about the opportunity, which sets a positive tone for the negotiation.
4. Be Professional and Polite
- Use Professional Language: Frame your negotiation in a respectful manner. For example, "I appreciate the offer and would like to discuss the compensation package."
- Stay Positive: Keep the conversation upbeat and focused on mutual benefits.
5. Present a Range
- Salary Range: Instead of asking for a specific number, provide a salary range based on your research. This gives the employer flexibility and shows you are reasonable.
- Justification: Explain why you’re asking for that range, citing your research and what you bring to the table.
6. Consider the Whole Package
- Benefits Beyond Salary: Look at other aspects of the offer, such as relocation assistance, signing bonuses, or professional development opportunities.
- Internship Experience: Sometimes, the experience and networking opportunities can outweigh a higher salary.
7. Practice Your Pitch
- Role-Playing: Practice your negotiation conversation with a friend or mentor to build confidence.
- Prepare for Counteroffers: Be ready to respond to any counteroffers or objections the employer may have.
Conclusion
Negotiating your internship salary can be a valuable skill, especially in competitive fields like technology. By doing thorough research, presenting your case professionally, and being flexible, you can improve your chances of securing a better compensation package.
Sometimes.
When I received an offer from Facebook a couple years ago and told them I had a competing offer that was better my recruiter raised my salary "without approval" by a small chunk (from $5000 to $5200) and offered to discuss raising it further with his superiors, but neither of us followed up on a further increase.
When I received an offer from Microsoft the recruiter explicitly said the offer was non-negotiable.
When I received an offer from a smaller (but well-funded) startup which was competitive but slightly below my other offers, they weren't comfortable raising my salary but promis
Sometimes.
When I received an offer from Facebook a couple years ago and told them I had a competing offer that was better my recruiter raised my salary "without approval" by a small chunk (from $5000 to $5200) and offered to discuss raising it further with his superiors, but neither of us followed up on a further increase.
When I received an offer from Microsoft the recruiter explicitly said the offer was non-negotiable.
When I received an offer from a smaller (but well-funded) startup which was competitive but slightly below my other offers, they weren't comfortable raising my salary but promised informally to give me a large bonus at the end of the summer if they were happy with my performance.
In neither of the successful cases did I push at all or ask explicitly for a higher salary. I described my other offers to the recruiters and said that though my primary deciding factor wouldn't be salary, if that criteria was more balanced my decision would be easier.
Abolutley. Salary is an economic transaction between you and the company. You are providing value in return for compensation. The amount of value that you bring to the table determines how much negotiation capacity that you have. I wrote about ways to become the most marketable Intern available at: Amazon.com: Cash in Your Diploma: Graduate with Your Dream Job eBook: Carl Schlotman: Kindle Store But here are a few quick notes on how to expand you negotiation capacity:
1. Be able to hit the ground running: The more background experinece that you bring in the role that you are looking to fill,
Abolutley. Salary is an economic transaction between you and the company. You are providing value in return for compensation. The amount of value that you bring to the table determines how much negotiation capacity that you have. I wrote about ways to become the most marketable Intern available at: Amazon.com: Cash in Your Diploma: Graduate with Your Dream Job eBook: Carl Schlotman: Kindle Store But here are a few quick notes on how to expand you negotiation capacity:
1. Be able to hit the ground running: The more background experinece that you bring in the role that you are looking to fill, the faster you will be able to start contributing. This backround knowldge can be gained by reading relevant books to your role, prior internships that are directly applicable, or learning from successful people in your industry. I went from making $5,000 in one summer to making $17,000 the next summer. This was because I completed two internships that were directly applicable to the internship I wanted. The best way to get waht you want, si to be worthy of what you want.
2. The network that you bring to specific organization. If you have a strong network that has a large number of potential customers with in it, you will most likely be compensated more.
3. Options: It is always good to have choices when making an important decision such as taking on an internship. The more choices that are avalable to you will give you more negotiating capacity.
Hope this helps!
Here’s the thing: I wish I had known these money secrets sooner. They’ve helped so many people save hundreds, secure their family’s future, and grow their bank accounts—myself included.
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Don’t wait like I did. Go ahead and start using these money secrets today!
1. Cancel Your Car Insurance
You might not even realize it, but your car insurance company is probably overcharging you. In fact, they’re kind of counting on you not noticing. Luckily,
Here’s the thing: I wish I had known these money secrets sooner. They’ve helped so many people save hundreds, secure their family’s future, and grow their bank accounts—myself included.
And honestly? Putting them to use was way easier than I expected. I bet you can knock out at least three or four of these right now—yes, even from your phone.
Don’t wait like I did. Go ahead and start using these money secrets today!
1. Cancel Your Car Insurance
You might not even realize it, but your car insurance company is probably overcharging you. In fact, they’re kind of counting on you not noticing. Luckily, this problem is easy to fix.
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Take a look at some of the world’s wealthiest people. What do they have in common? Many invest in large private real estate deals. And here’s the thing: There’s no reason you can’t, too — for as little as $10.
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3. Ask This Company to Get a Big Chunk of Your Debt Forgiven
A company called National Debt Relief could convince your lenders to simply get rid of a big chunk of what you owe. No bankruptcy, no loans — you don’t even need to have good credit.
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On average, you could become debt-free within 24 to 48 months. It takes less than a minute to sign up and see how much debt you could get rid of.
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7. Get Paid Up to $140/Month Just for Sharing Your Honest Opinion
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I never tried to. I am currently doing internship in P&G Indonesia and they offer me with a salary close to the managers they are recruiting. That being said that P&G pays the intern almost 100% their full-time employee's salary. That is the way they value the intern's capabality as the recruitment process is exactly the same with recruiting managers.
From this point, we (I personally) never been in a situation to propose a raise in the sallary they offered. P&G realizes that they pay the intern much higher than most of companies in Indonesia, and the intern knows this very well. So we have no
I never tried to. I am currently doing internship in P&G Indonesia and they offer me with a salary close to the managers they are recruiting. That being said that P&G pays the intern almost 100% their full-time employee's salary. That is the way they value the intern's capabality as the recruitment process is exactly the same with recruiting managers.
From this point, we (I personally) never been in a situation to propose a raise in the sallary they offered. P&G realizes that they pay the intern much higher than most of companies in Indonesia, and the intern knows this very well. So we have no specific reason to propose a raise, because no other company offering as high as P&G.
Even if you are proposing a raise, i am convinced enough they will say no. The salary is non-negotiable unless you proof them you have great evidence of excellent working and they DO need it. That might make sense. I never heard that happened tough.
Most of the companies don't negotiate intern salary. As far I know. Google, Microsoft, Amazon, Directi all these just tell u how much you are going to get. They never ask you how much are you expecting.
I once met a man who drove a modest Toyota Corolla, wore beat-up sneakers, and looked like he’d lived the same way for decades. But what really caught my attention was when he casually mentioned he was retired at 45 with more money than he could ever spend. I couldn’t help but ask, “How did you do it?”
He smiled and said, “The secret to saving money is knowing where to look for the waste—and car insurance is one of the easiest places to start.”
He then walked me through a few strategies that I’d never thought of before. Here’s what I learned:
1. Make insurance companies fight for your business
Mos
I once met a man who drove a modest Toyota Corolla, wore beat-up sneakers, and looked like he’d lived the same way for decades. But what really caught my attention was when he casually mentioned he was retired at 45 with more money than he could ever spend. I couldn’t help but ask, “How did you do it?”
He smiled and said, “The secret to saving money is knowing where to look for the waste—and car insurance is one of the easiest places to start.”
He then walked me through a few strategies that I’d never thought of before. Here’s what I learned:
1. Make insurance companies fight for your business
Most people just stick with the same insurer year after year, but that’s what the companies are counting on. This guy used tools like Coverage.com to compare rates every time his policy came up for renewal. It only took him a few minutes, and he said he’d saved hundreds each year by letting insurers compete for his business.
Click here to try Coverage.com and see how much you could save today.
2. Take advantage of safe driver programs
He mentioned that some companies reward good drivers with significant discounts. By signing up for a program that tracked his driving habits for just a month, he qualified for a lower rate. “It’s like a test where you already know the answers,” he joked.
You can find a list of insurance companies offering safe driver discounts here and start saving on your next policy.
3. Bundle your policies
He bundled his auto insurance with his home insurance and saved big. “Most companies will give you a discount if you combine your policies with them. It’s easy money,” he explained. If you haven’t bundled yet, ask your insurer what discounts they offer—or look for new ones that do.
4. Drop coverage you don’t need
He also emphasized reassessing coverage every year. If your car isn’t worth much anymore, it might be time to drop collision or comprehensive coverage. “You shouldn’t be paying more to insure the car than it’s worth,” he said.
5. Look for hidden fees or overpriced add-ons
One of his final tips was to avoid extras like roadside assistance, which can often be purchased elsewhere for less. “It’s those little fees you don’t think about that add up,” he warned.
The Secret? Stop Overpaying
The real “secret” isn’t about cutting corners—it’s about being proactive. Car insurance companies are counting on you to stay complacent, but with tools like Coverage.com and a little effort, you can make sure you’re only paying for what you need—and saving hundreds in the process.
If you’re ready to start saving, take a moment to:
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- Check if you qualify for safe driver discounts
- Reevaluate your coverage today
Saving money on auto insurance doesn’t have to be complicated—you just have to know where to look. If you'd like to support my work, feel free to use the links in this post—they help me continue creating valuable content.
As a headhunter since I was 23, I prep, coach, and lead negotiations between candidates and employers on a daily basis.
Here are a few tactics you can utilize to your benefit in salary negotiations:
#1. Be extremely likable from the outset and onwards.
While this isn’t a direct “how-to” negotiate your salary pointer, this is a crucial differentiator between someone who is highly paid versus someone w
As a headhunter since I was 23, I prep, coach, and lead negotiations between candidates and employers on a daily basis.
Here are a few tactics you can utilize to your benefit in salary negotiations:
#1. Be extremely likable from the outset and onwards.
While this isn’t a direct “how-to” negotiate your salary pointer, this is a crucial differentiator between someone who is highly paid versus someone who isn’t. Knowing that interviewers have unconscious biases and are humans, you can leverage their emotions to YOUR benefit.
What this means is that you step up your charm! Ask open questions to get your interviewer to open up. Use flattery. Get them to be YOUR advocate and want YOU to make it through. Make sure they like you more than your competition. This could be your ultimate leg-up.
> By simply being more sociable, interesting, conscientious, and empathetic, creating rapport and asking questions to your interviewer beyond just the normal work stuff, you’ll be making yourself more desirable.
#2. Play offense: Plan and share your salary desires from the first conversation.
I am NOT an advocate of holding cards close to the chest. I’ve seen those attitudes disrupt negotiations and make the candidate look super shady and immature. Any adult should know what money they want, would like to see, and wouldn’t want.
Those are the 3 numbers you need to know yourself. It’s the Goldilocks combo:
a. Highest/ideal target salary that will guarantee acceptance and refusal of counter.
b. Median/average salary you know you can get.
And c. The no-go number, aka don’t waste my time or I can’t live on less than X.
> Be pro-active and voice your needs and your views when it comes to money. Keep the door open but give a solid range.
#3. Downplay money needs until later in the process.
I’ve seen candidates strike themselves out of the game early on by going after a pie-in-the-sky number, being unlikable, and stubbornly/arrogantly professing statements like “if it’s not at X, don’t even come at me with those opportunities”. That is exactly how you can turn off useful connections from ever approaching you again.
Instead, firmly state your desires however leave the door open. You’re better off networking and knowing of all the cool happenings in your industry instead of saying NO to yourself. When push comes to shove, and the employer falls in love with you, they’ll find a way to cough up that extra budget to hire you.
> Be smart by saying something to the effect of “well, ideally, I would be more motivated at X rate, however, your proposition sounds interesting. I wouldn’t mind discussing/networking however, my financial requirements are as they are. There won’t be too much room to be flexible, however I’m willing to be open-minded and always happy to network.”
#4. Utilize counter-offers and competing offers.
Like I said, there are no magic words to push an employer to pay above a necessary value for someone; businesses are for-profit, not charities.
The only 2 things that could make a true difference is market competition:
a. For those who are employed, always leverage the risk of counter-offers. Your firm will most likely try to retain you due to the astronomical costs retention issues create for businesses. Let future employers know that you’re expecting a counter, thus the offer would need to be in the X-range to make it compelling.
b. For those who are unemployed or employed, line up as MANY offer opportunities as you can so you can start educating your employers on what other employers are willing to pay for your skillset, thus ensuring that you receive a similar offer to what the market is yielding.
> This requires you to market yourself effectively and line up multiple interview opportunities. Utilize LinkedIn by reaching hiring managers en masse; it’s a numbers game.
#5. Utilize all the compensation com...
See what their offer is. It’ll probably be high.
If they ask for a number, choose a really high number. Both Google and Amazon make billions of dollars every year. They can afford to pay high salaries. If they offer you a low salary, it’s not because they can’t afford to pay you a high one.
If you go too high, they’ll usually just say: “We can’t offer you that. Will you accept $X?”
Be aware of your level. If you are an entry level grunt, there’s little room to negotiate because you are just a replaceable cog. If you are a pro with 10+ years of experience, you are a more rare entity and you’ll hav
See what their offer is. It’ll probably be high.
If they ask for a number, choose a really high number. Both Google and Amazon make billions of dollars every year. They can afford to pay high salaries. If they offer you a low salary, it’s not because they can’t afford to pay you a high one.
If you go too high, they’ll usually just say: “We can’t offer you that. Will you accept $X?”
Be aware of your level. If you are an entry level grunt, there’s little room to negotiate because you are just a replaceable cog. If you are a pro with 10+ years of experience, you are a more rare entity and you’ll have lots of room to negotiate if you are being hired by somebody who really needs your skills.
In the last 30 days, I have earned $1218. Was that a side hustle? Yes, but also more than that. Wait for it, I'll tell you everything.
Here’s the thing — I’ve tried maaany ways to make money on the side. I did freelancing, tried teaching English, and made some pottery (I enjoyed it, but let’s face it, I’m not an artist 😂).
Then, completely by chance, I learned about Freecash. And here I am, a bit more than a month later, with $1,200+ cashed out in my PayPal account.
So, what’s Freecash?
No rocket science here. It’s a platform that pays you to test apps and games and complete surveys.
Why would the
In the last 30 days, I have earned $1218. Was that a side hustle? Yes, but also more than that. Wait for it, I'll tell you everything.
Here’s the thing — I’ve tried maaany ways to make money on the side. I did freelancing, tried teaching English, and made some pottery (I enjoyed it, but let’s face it, I’m not an artist 😂).
Then, completely by chance, I learned about Freecash. And here I am, a bit more than a month later, with $1,200+ cashed out in my PayPal account.
So, what’s Freecash?
No rocket science here. It’s a platform that pays you to test apps and games and complete surveys.
Why would they pay you, though? Take a guess. 1, 2, 3... Right, you got it: it’s to help developers improve their applications. You help them; they pay you — easy!
How does it work?
- After registering on the platform, you’ll see different offers. It can be anything from completing some type of task in a game, downloading an app, or filling out surveys.
- You are free to pick any offer/task you want. I was only playing games, but if you aren’t into gaming, you can try some other things Freecash offers. There are no obligatory tasks you must complete.
- Of course, you will logically want to go for the tasks that pay the most (some pay $700+). But here is the thing — if you don’t have too much time to spend on the platform, it might not be the best option for you. The general rule is — the higher the reward, the more time you’ll need to spend.
While some tasks offer insane rewards, I’d say it is relatively easy to earn between $30-60 per day. But if you want more, you can do that as well if you’re willing to put in lots of effort.
And while it won’t make you a millionaire, you can build up a steady extra income over time, especially if you make it a daily habit. As a student, I have lots of free time, so it wasn’t hard for me.
Why did I choose Freecash over the other things I’ve been trying?
First of all, it’s a HEAVEN for gamers. Look, I might be biased because I love gaming and play every day. But isn’t it amazing when someone pays you to do something you would have done for free?
And these are the other things I liked:
- It’s simple—really. You don’t need any special skills or experience — just follow the task description and set aside some free time for them. Personally, I got hooked on a game called Dice Dreams. My initial goal was to reach chapter 10 to earn $30, but… I found myself reaching chapter 15. In the end, I made around $300.
- There is a cheat code to boost your results. There are some in-app purchases you can make to progress faster. When I was at level 13, I spent $4.99 to buy 1,500 gems. I’ve then used them to get multiple rolls and speed up upgrades. As a result, I’ve got to level 15 in literally no time. Those 5 bucks paid off really fast.
- Rookies are welcome. I love this part. You don't need a degree or training. You're just helping developers, that's it (yeah, well, I wasn’t even thinking about it because I was way too engaged, playing like crazy, haha). But just follow the task, and believe me, it's super easy.
- Your grandpa's basement or subway in Tokyo is fine. I was earning money after putting my little nephew to sleep, while waiting for my coffee, and in between classes. You can earn from anywhere, which is pretty cool, right?
- Easy cashouts. I had my money in my PayPal account within just a few days. There are other methods, like crypto or gift cards, and I don't think they take longer.
The best part about this app is that consistency pays off. I’ve seen users on their Leaderboard who earned over $3,000 in just a month. Of course, we are talking about making money on the side, so maybe you don't have to go this far. Just keep in mind that it is actually possible. BUT it requires time.
Want to maximize your earnings even more?
Now, if you are all set, these are the cool ways I found to make more money with Freecash:
- Promo codes on socials: Just follow Freecash on social media, and you will get weekly promo codes for free coins. Later, you can exchange them for money.
- Daily bonuses from the platform: I told you before about the consistency, but there's more. If you want rewards and bonuses, just make sure to appear daily.
- Pick the best offers: Check New and Featured Offers to find the ones that pay the most.
- Buy items to complete tasks 3x faster: As I’ve mentioned before, sometimes, spending a bit to reach your goals faster is SO worth it, simply because you can save hours of time and get much more money back.
So, if you’re looking for some truly legit ways to earn some money on the side, this is your way to go. Sign up on Freecash and enjoy the perks!
I’ve negotiated my compensation for both Google and Facebook. Facebook was a very long time ago so I don’t think my experience is relevant any more, but all my discussion was with my recruiter who had full authority to tell me yes or no (she said yes). I also got to change the wording of my employment contract, though this was on Facebook’s initiative as a courtesy to me, not an actual demand (basically they put in writing that they will never refuse me taking time off or requesting remote work to visit my family).
For Google it was a bit different, as the hiring process goes through several fo
I’ve negotiated my compensation for both Google and Facebook. Facebook was a very long time ago so I don’t think my experience is relevant any more, but all my discussion was with my recruiter who had full authority to tell me yes or no (she said yes). I also got to change the wording of my employment contract, though this was on Facebook’s initiative as a courtesy to me, not an actual demand (basically they put in writing that they will never refuse me taking time off or requesting remote work to visit my family).
For Google it was a bit different, as the hiring process goes through several formal checks, hiring committee, VP approval etc. so my recruiter didn’t have the final say. I don’t think I got every penny I could have had from Google and what I got was something of a pyrrhic victory, though on paper it looked much better than my original offer.
I got an offer to start in December 2019, with X salary, Y equity and 0 starting bonus. X and Y were pretty decent numbers and well within my expectations. My recruiter explained I would be in the middle of the band for my hiring level (which was staff engineer / L6), and once I joined I verified this was the case as many employees share their salaries internally. I thought it would be hard to ask for a higher salary or a higher equity but I felt that there was no harm in asking for a starting bonus. After all, if I started then I was not going to forgo my bonus at my current employer. So, I asked for a 50k starting bonus. My recruiter couldn’t give me 50k herself, so she had to send back my offer and wait for an answer. It came within a week or so and it was granted. That’s the least I’ve ever worked for 50,000 dollars. But then, the time was a ticking and did I really want to start in the 2nd half of December 2019, while presumably everyone would be away? It didn’t make a ton of sense, plus, I had a big deadline for the first week of January so was already thinking of starting mid January, after taking a little bit of time off. I told my recruiter as well, so she could finish my offer letter.
Good news, she told me, X USD was if you started in 2019, but since you’re starting in 2020, we’re revising our scales and you’re getting like a 3% raise. Great - I still haven’t done any type of work for Google, and I already got 50k and a 3% bump. So I signed and started to work and off I was for my first year, then pandemic happened as we all know which just made my ramping up more difficult. Tech companies in general are better at onboarding remote folks but Google, which was very much an everybody must come to the office every day type of company, had a rough start. I was doing ok but not great, and I was thinking that if I had another 6 weeks at the office - starting early December with everyone versus mid January, it would have made a pretty big difference.
Comes the time for my first performance review, and I fall in the middle bucket, which I was pretty proud of actually. So I get a little raise but unlike virtually everyone, I don’t get a bonus because… I’m evaluated on a partial year, having started during the year. Yeah, partial is 50 weeks out of 52. Only very strong performers can get a bonus in their first year, and I was not that.
The bonus I would have had was 100–200k. Also, I would have had it had I started in December 2019. That could explain why I got 0 pushback when I asked for 50k. They were more than happy to give me 50k now, vs 150k in a year, AND i got a few extra thousand dollars in salary to make me feel great.
So what did I learn.
- it’s always possible to negotiate.
- there’s a huge information imbalance between candidate and employer.
- negotiations will take time, and time is not free or neutral
- if an offer is good enough it’s not necessary to negotiate. Employers can make, in good faith, good offers to candidates that they really want.
- The goals of the recruiter is to make sure that you sign the offer. They will fight for you to get an offer and a good enough offer so that you will sign, but their goal is not to get you the best possible offer.
- if you want to take everything on the table then use the help of a professional (ie levels.fyi)
Interviewer- How much salary do you want?
Girl- 60 thousand.
Interviewer- That’s 15 thousand higher than our salary bracket.
Girl- Can’t I have that?
Interviewer- But, why should we give you a higher salary? [This is a green signal because the interviewer didn’t say no.]
Girl- Because I am efficient. I got all the qualifications and experiences as needed for this position.
Interviewer- Your offer is way beyond the industry standard.
Girl- Ma’am, your company is better than other companies in the industry. So, your employees should get paid more than the industry standard.
Interviewer- The other candid
Interviewer- How much salary do you want?
Girl- 60 thousand.
Interviewer- That’s 15 thousand higher than our salary bracket.
Girl- Can’t I have that?
Interviewer- But, why should we give you a higher salary? [This is a green signal because the interviewer didn’t say no.]
Girl- Because I am efficient. I got all the qualifications and experiences as needed for this position.
Interviewer- Your offer is way beyond the industry standard.
Girl- Ma’am, your company is better than other companies in the industry. So, your employees should get paid more than the industry standard.
Interviewer- The other candidates said yes for a 50 thousand salary.
Girl- I am better than everyone. You know it. I am also a bit more than average, so need more salary.
Interviewer- That’s okay but why do you want a higher salary?
Girl- I want to forget about money while working for your company. 60 thousand is something that will fulfill my needs. So, I won’t be looking for a job change as you said it’s way above than industry standard. I just want to concentrate on my work and stick to your company as a loyal employee.
She got selected.
Source: LinkedIn
It’s more than 6 months since the Question was asked but i am new to QUORA and responding now -so that others in the same boat may get benefitted.
Hope you had a good negotiation and got a Raise before joining..
My answer :
Yes, you should. Typically, all the Major companies will have a buffer of 5–10% set for each job. They do expect this to be a component and are definitely ready to negotiate.
Bit Background on why :
- Every other benefit that company offer are based on your Base Salary. If you do not lock in a higher salary at this point, it will be tough down the road.
- Salary Hikes/ Bonuses are gi
It’s more than 6 months since the Question was asked but i am new to QUORA and responding now -so that others in the same boat may get benefitted.
Hope you had a good negotiation and got a Raise before joining..
My answer :
Yes, you should. Typically, all the Major companies will have a buffer of 5–10% set for each job. They do expect this to be a component and are definitely ready to negotiate.
Bit Background on why :
- Every other benefit that company offer are based on your Base Salary. If you do not lock in a higher salary at this point, it will be tough down the road.
- Salary Hikes/ Bonuses are given in future as a % of your base salary.So, higher the Base Salary , better it will be for your TOTAL COMPENSATION.
- As a candidate , you should also make sure that other Benefits are also understood and accounted for. Company typically takes TOTAL COMPENSATION into account ,when they are budgeting for a new hire.
- Bonuses are NOT guaranteed in every company. In most , the minimum would be 0%. So, also check on this aspect with the HR.
Advantages of negotiation :
- If you negotiate for increase in base salary, NOT only your HR and HIRING manager will respect you as it shows more maturity on your part and also the confidence on your side.
- Do ask for a 10% raise and you can safely assume that they will meet you at the middle( 5%).
- There are several other answers given on exact negotiation techniques ,so i am not going to re-iterate again. But, one point is clear - handle it carefully ,so that it’s going to be a win-win.
Hope it helps
Satya
Well…
To negotiate successfully you need a bargaining point… a hostage always seems to be a way to start.
Okay… OKAY! Taking hostages might make for an interesting movie plot, but it's not really a recommended strategy for negotiating a salary increase.
Instead, let's explore some alternative strategies to help you negotiate a salary increase.
- The Jedi Mind Trick: Channel your inner Jedi and use your persuasive skills to influence the minds of your superiors. Repeat after me, "You will give me a salary increase." Remember, a wave of the hand may help.
- The Reverse Psychology Gambit: Convince your bo
Well…
To negotiate successfully you need a bargaining point… a hostage always seems to be a way to start.
Okay… OKAY! Taking hostages might make for an interesting movie plot, but it's not really a recommended strategy for negotiating a salary increase.
Instead, let's explore some alternative strategies to help you negotiate a salary increase.
- The Jedi Mind Trick: Channel your inner Jedi and use your persuasive skills to influence the minds of your superiors. Repeat after me, "You will give me a salary increase." Remember, a wave of the hand may help.
- The Reverse Psychology Gambit: Convince your boss that you're perfectly content with your current salary and have no interest in a raise. Watch as their panic sets in, fearing they might lose you to a competitor.
- The Strategic Snacking Technique: Bring a box of irresistible, mouth-watering doughnuts to the negotiation table. As your boss indulges in these delectable treats, they'll be more inclined to agree to your demands.
- The "Oops, Wrong Email" Maneuver: Compose an email intended for a colleague discussing your upcoming job offer from a competitor. Accidentally send it to your boss and watch as they scramble to keep you from leaving. Use this opportunity to negotiate a salary increase that matches or exceeds the imaginary offer.
Of course, all this supposes that you are actually a valuable employee and not a total waste of floor space… Perhaps you should keep your head down and try not to be noticed…
How can I negotiate a salary increase?
During my employee days all money talk happened before I went to the first interview. It didn’t matter whether the third party, or internal (HR) recruiters brought me in.
As much, as I want to side with Quora User, he did not disclose if he negotiated his last offer. In the perfect world (perhaps it is perfect or significantly better than average at Facebook) hiring managers and anyone involved in your hiring would care about the company interests. In reality many of them, I wouldn’t say don’t care, but they don’t exactly think about the big corporation interests being pawns themselves. Many ti
During my employee days all money talk happened before I went to the first interview. It didn’t matter whether the third party, or internal (HR) recruiters brought me in.
As much, as I want to side with Quora User, he did not disclose if he negotiated his last offer. In the perfect world (perhaps it is perfect or significantly better than average at Facebook) hiring managers and anyone involved in your hiring would care about the company interests. In reality many of them, I wouldn’t say don’t care, but they don’t exactly think about the big corporation interests being pawns themselves. Many times they just won’t think logically at all to run Gene’s math: money spent on finding and interviewing you vs. the extra requested.
You may be dealing with a (close to) minimum wage HR girl, who’d get pissed and simply report to the hiring manager that you changed your mind. They’ll hire the next in line. Even if you get through to the hiring manager after that, he/she is not going to expose the company’s mistake. They’ll try to forget you. I am not even talking about third party recruiters, who act like that all the time. Add wrong emotions. Only 0.000001% of hiring managers is immune to emotions and truly unbiased. People at “top” tech companies can be arrogant - especially the non-technical ones: HR, project managers of all kinds, etc. You are not always going to deal directly with an engineering-minded decision maker. Those are not perfect either.
So overall, you never know whether your demand would be received logically or emotionally. Unless you talk directly to the founder. Which, contrary to Gene’s opinion on cash-strapped startups, you can only meet there. They will never pay you more (in cash) than big corporations, but you can always negotiate with a founder. Not with an HR clerk.
Accept the offer. Plan to stay there for at least a year. Just the name alone (assuming it is a Google-caliber company) is going to set you for the rest of your career, though you’d need to leave to exploit those credentials. Put in good work, and then ask for a raise. At that time it’ll be very hard to argue with the money (inventions, etc.) you made your employer. Unlike cheap outsourced IT top tech companies are not (that) greedy.
Though, again, the emotions may take over, so don’t make a scene and be prepared to leave. Trust me, you’ll have options with a top tech employer in your resume. If you handle the negotiation respectfully and leave professionally, they’ll remember, what made you leave, and will invite you back with a fair offer a couple years later. You proved yourself as an asset. Then, of course, negotiate hard.
We, engineers, tend to see a salary negotiation as a one-step game. I don’t want to compare it to chess, but it’s definitely a strategy with more than one move. Sometimes you need to retreat a little to advance later on.
Don’t negotiate little things like a nicer office, computer, or more flexible hours. Only after you negotiated the compensation. Otherwise those “favors” will be brought up at your next performance review, if not sooner, telling you how much was expected in return e.g. unpaid 20+ hr weekly overtime, because “we did so much for you”. Essentially every favor the company agrees to, is eating into your future raise. It doesn’t matter if a nicer office and laptop make you more productive and thus increase the company revenue. Read above on your manager’s perspective. Certain better than average corporate cultures do a lot to align everyone’s i.e. your boss’ interests with the company’s, but like I mentioned above, it’s never 100%, and every group/team within a company is different - subjective and personal to say the least.
Lastly I want to touch on meritocracy. I disagree with Gene. “As good as another candidate” (who got offered X amount according to your inside knowledge, Glassdoor, or another non-credible source) reasoning is not only silly - it portrays you as a leech and a sucker. You can only negotiate, if someone wants your achievements, not your persona. You did not present your portfolio of work, did you? All the company knows about you after the interviews, is that you did just as well, as everyone else, who passed stupid algorithmic/puzzle exercises.
Chances are, if they are not Google, they’ve adopted Google’s grading system based on your textbook knowledge and algorithmic proficiency. Which means your salary was determined by some committee according to their strict “unbiased” guidelines. Any attempt to negotiate will be perceived as challenging that grading system they must be proud of.
The only way you can stand out and turn hiring into a “poaching” game is to present what you bring to the table: your portfolio of work relevant for the employer. If you don’t have any (the ingenuity fixing typical IT spaghetti code doesn’t count), you need to suck it up and work there for one year, building that portfolio. Then negotiate - asking for a raise/promotion. If it doesn’t happen automatically. Maybe at Google or Facebook. Not companies I worked for during my employee days.
Note, that the company will not assist you in building your portfolio. You are likely to be assigned again to fix bugs instead of inventing something. It’s your responsibility to find the right niches and invent. It’s not easy in a typical corporate environment. Good luck!
> How do I negotiate the salary? [I am particularly talking about IT industries in India, how to negotiate the salary? While shifting first or second job, how much hike can we expect. What is the negotiation techniques we should use to get maximum possible hike. During negotiation what thing we should avoid?]
Just keep these three points in mind :
1. First and foremost, you should prepare well, ta
> How do I negotiate the salary? [I am particularly talking about IT industries in India, how to negotiate the salary? While shifting first or second job, how much hike can we expect. What is the negotiation techniques we should use to get maximum possible hike. During negotiation what thing we should avoid?]
Just keep these three points in mind :
1. First and foremost, you should prepare well, take mock interviews with your peers/managers and ensure you really perform well in the actual interview (multiple rounds)
2. You should also research potential salary range, for your role, experience, expertise, industry-sector and city location on various sites like Levels, PayScale, Salary, LinkedIn, etc. - including what your target company pay to similar profiles and use that to highlight and place the ask and
3. If you are not getting the salary reaching your target and you are not in a hurry to switch the job, you can politely ignore to accept the offer. T...
You have not gotten an offer yet.
You may still have a little growing left to do to meet the Google hiring bar. Your three internships show that you had promise. I would not discount that. However, if you didn’t get an offer, there probably [not necessarily but probably] are some things you still need to work on. I would look over the reviews you got at the end of each internship. Were there things they suggested you work on? If so, that’s a
You have not gotten an offer yet.
You may still have a little growing left to do to meet the Google hiring bar. Your three internships show that you had promise. I would not discount that. However, if you didn’t get an offer, there probably [not necessarily but probably] are some things you still need to work on. I would look over the reviews you got at the end of each internship. Were there things they suggested you work on? If so, that’s a guideline.
However, even if there weren’t, interns (even with glowing reviews) don’t always get advanced to the next level. Out of the 4 [EP] interns I co-hosted, the one I thought was 2nd best did not get advanced. I do not know why, I wrote a more glowing review for that one than I did for one that did get advanced and there was more sound factual evidence of accomplishments too. So, the why is a mystery, but that is how it goes sometimes.
So, what should you do? Move on. Take a job at Facebook, Amazon, Apple, Uber, Microsoft, Twitter, Intel, Nvidia, Samsung, LinkedIn, Fitbit, …. Google is far from the only game in town. If you had three internships at Google, you probably can get a job at most any of those places.
Then, do well at your job. Google may realize that they want you later. You can then decide if you want them.
Added: Happy ending to the story about the EP intern that didn’t get advanced. They finished their degree and are now working as a SWE at Google, and although they like the job, I think they will eventually move on and do something more. Working at Google is not the final goal in life, or at least it shouldn’t be.
Sure. You can try. You may or may not succeed.
I did, but that was a gazillion years ago, and I was already at a senior level when I was hired, highly experience and relatively known in my little niche at the time.
As a hiring manager myself, I had a fixed budget for people costs. If I paid a new hire more, I had to pay someone else less, so I wasn’t inclined to do that unless I had some room in my budget. Occasionally, for someone extraordinary, I might go to a senior VP and see if they could find a bit of extra money, but this wasn’t a card I played lightly.
Still, if you knocked the interviews
Sure. You can try. You may or may not succeed.
I did, but that was a gazillion years ago, and I was already at a senior level when I was hired, highly experience and relatively known in my little niche at the time.
As a hiring manager myself, I had a fixed budget for people costs. If I paid a new hire more, I had to pay someone else less, so I wasn’t inclined to do that unless I had some room in my budget. Occasionally, for someone extraordinary, I might go to a senior VP and see if they could find a bit of extra money, but this wasn’t a card I played lightly.
Still, if you knocked the interviews out of the part, why not ask the recruiter (your internal contact)? They’ll have a good idea whether an adjustment might be in play.
Short answer-Yes but why not wait and see what the salary is when they do extend an offer. When I managed several intern programs, if the person successfully completed the program and we wanted to hire them we offered the typical starting salary for the position which was always more that the ‘untried’ intern compensation amount.
When negotiating salary whether for a raise or relating to an offer of employment, ALWAYS get as much information on what is being paid in the marketplace for that position considering the geographic area and the size of the company as well as the position itself......
Short answer-Yes but why not wait and see what the salary is when they do extend an offer. When I managed several intern programs, if the person successfully completed the program and we wanted to hire them we offered the typical starting salary for the position which was always more that the ‘untried’ intern compensation amount.
When negotiating salary whether for a raise or relating to an offer of employment, ALWAYS get as much information on what is being paid in the marketplace for that position considering the geographic area and the size of the company as well as the position itself.......before you enter into a negotiation.
It is no longer quite as difficult to get salary information as it once was. There are a number of sites like Salary.com – Unlock the Power of Pay on the internet. Most job boards like Indeed, Monster etc. will have sections on salary as well. Some cities have business groups like the Chamber of Commerce that will offer statistics on salaries for various jobs.
Businesses also subscribe to Salary Reports produced by companies that ‘sell’ salary information based on geographic area and organization size. These companies send salary survey questionnaires on a list of jobs each with a brief description to their subscribers. The information is compiled without specific company names and is then ‘sold’ to the participants. I mention this because most companies do try to remain competitive regarding salaries and benefits. So, you shouldn’t see a tremendous disparity between one company and another in the starting pay for many of the same positions.
HOWEVER, while doing your research make sure that the job that you are seeking information on is a close match to the description on any given site or job board. If they aren’t comparable and you go into a negotiation with faulty data you will do yourself more harm than good.
Phrases like---“My understanding is that in this area that the starting salary for a typical- (job title) would be around (use the data either as a figure or a range) but never name a range the starting figure of which is lower than what you are seeking. Also, don’t be greedy and inflate the figures you gather from your research. As I described earlier, companies do have a good idea of what the going rate is for their positions in their marketplace. If you can site more relevant experience than might be required for the position, you can make a case that the salary offered should reflect that.
This of course is only a basic overview. Look for other sources that address salary negotiation techniques to expand your knowledge.
Remember that if they aren’t willing to increase the salary you can negotiate for more vacation time, for an earlier benefits start date or other benefits related items. You can also request a 6-month performance review for consideration of salary action at that time.
The more knowledge you have and practicing you do, the more confidant and successful you will be!
This answer is in Indian context:
Since I have been researching about the Indian engineering education system for last 10+ years hence I have an accurate answer to this questions.
Answer:
1. 40–60K INR per month.
2. It is almost a standard rate, and this rate depends on the industry reputation of the BTech college where Google is carrying out the campus placement of the interns at.
Google like produc
This answer is in Indian context:
Since I have been researching about the Indian engineering education system for last 10+ years hence I have an accurate answer to this questions.
Answer:
1. 40–60K INR per month.
2. It is almost a standard rate, and this rate depends on the industry reputation of the BTech college where Google is carrying out the campus placement of the interns at.
Google like product based companies are known to carryout campus placement at some top-15 BTech colleges only.
Since India is not any industrialised country, hence there is no concept of engineering internships in India.
Indian engineering students should buy cheaply avaliable industrial training certificates sold at shops like Internshala/NIIT/CETPA/DUCAT, when their engineering college asks to produce such certificates at their engineering colleges. Full Stop.
You do not understand the meaning and significance of an engineering internship.
Most of the well paid internships...
Let’s assume the question is hypothetical but reasonable. Yes, that’s the right moment to negotiate.
- It’s not smooth to say “I have other offers. Meet them or beat them.”
- It’s very smooth to say “Listen, can you help me? I badly want to work for you, and (don’t say but) just got this offer for more [money/vacation/schedule/limousine]. Is there any way you can make that happen so we have a deal? I’m excited to start working with you.”
This tone is known as Aw shucks, Ma’am. Your subtext is This is kinda sorta awkward, don’t take it the wrong way. Can you get me outta this jam? I’m comin’ right
Let’s assume the question is hypothetical but reasonable. Yes, that’s the right moment to negotiate.
- It’s not smooth to say “I have other offers. Meet them or beat them.”
- It’s very smooth to say “Listen, can you help me? I badly want to work for you, and (don’t say but) just got this offer for more [money/vacation/schedule/limousine]. Is there any way you can make that happen so we have a deal? I’m excited to start working with you.”
This tone is known as Aw shucks, Ma’am. Your subtext is This is kinda sorta awkward, don’t take it the wrong way. Can you get me outta this jam? I’m comin’ right over, I just need …
The hack is more words for a more roundabout approach, and direct emphasis on loyalty to Google as opposed to “I’m taking the best offer, duh!”
Impress everyone, from colleagues, to customers, to friends - and not just your boss.
"Hey, you know that new lady in ops, what's her name, I think it's Lucy, she just gets things done fast."
It's Lucy that'll get a mention to her manager, it's Lucy that this guy will try to take with him when he moves to a new company.
But it works like the Net Promoter Score (NPS) - the survey system which asks customers to rate their experience. In the NPS only a 9 or 10 out of 10 is considered a promoter, an 8 is passive, and a 6 or below is a detractor - you really need to stand out - 8/10 isn't good enough.
Impress everyone, from colleagues, to customers, to friends - and not just your boss.
"Hey, you know that new lady in ops, what's her name, I think it's Lucy, she just gets things done fast."
It's Lucy that'll get a mention to her manager, it's Lucy that this guy will try to take with him when he moves to a new company.
But it works like the Net Promoter Score (NPS) - the survey system which asks customers to rate their experience. In the NPS only a 9 or 10 out of 10 is considered a promoter, an 8 is passive, and a 6 or below is a detractor - you really need to stand out - 8/10 isn't good enough.
If you want to know if a company is going to succeed just look at its NPS - it's one of the strongest indicators of success. If we measured our own personal NPS, the same would apply.
My own biggest pay-rise during my time as an employee happened when a colleague moved to a rival bank. A few months later that bank gave me that offer.
My boss had nothing to do with the pay-rise of my career - my personal NPS did.
People talk, word gets out.
Negotiating a higher salary can be a crucial step in advancing your career and increasing your earning potential. Here are some steps to help you navigate the salary negotiation process:
- Research and prepare: Before entering into salary negotiations, gather information about the salary range for similar positions in your industry, considering factors like your experience, skills, and location. Websites such as Glassdoor, Payscale, and professional industry associations can provide valuable salary data. This research will help you establish a realistic salary target.
- Highlight your value: During
Negotiating a higher salary can be a crucial step in advancing your career and increasing your earning potential. Here are some steps to help you navigate the salary negotiation process:
- Research and prepare: Before entering into salary negotiations, gather information about the salary range for similar positions in your industry, considering factors like your experience, skills, and location. Websites such as Glassdoor, Payscale, and professional industry associations can provide valuable salary data. This research will help you establish a realistic salary target.
- Highlight your value: During the negotiation, emphasise the value you bring to the organisation. Discuss your achievements, skills, and unique qualifications that differentiate you from other candidates. Show how your contributions can positively impact the company's success.
- Timing is important: The best time to negotiate your salary is after receiving a job offer but before accepting it. This will give you the greatest leverage in the negotiation process. If you're already employed, consider discussing a salary increase during your annual performance review or when you have accomplished significant milestones.
- Practice your pitch: Prepare a persuasive argument for why you deserve a higher salary. Anticipate potential objections and be ready with counterarguments. Practice your negotiation pitch with a friend or mentor to build confidence and refine your approach.
- Be professional and confident: Approach the negotiation with a professional and confident demeanour. Clearly communicate your expectations, but also be open to a constructive conversation. Maintain a positive tone throughout the negotiation process.
- Consider non-salary benefits: If the employer is unable to meet your desired salary, explore other non-salary benefits that may add value to your compensation package. These could include additional vacation days, flexible working hours, professional development opportunities, or performance-based bonuses.
- Be prepared to negotiate: Understand that negotiation is a two-way process. The employer may counter your initial offer or present a different compensation package. Be open to discussing alternatives and find a middle ground that satisfies both parties.
- Don't rush to accept: Take your time to consider any offers made during the negotiation process. Express gratitude for the opportunity and request some time to review the offer and evaluate its alignment with your goals and financial needs.
Remember, negotiating a higher salary is a skill that improves with practice. Be persistent, confident, and professional throughout the process. Even if you don't achieve your desired salary, the negotiation experience can still provide valuable insights and set the stage for future discussions.
I do not have experience with large companies… But look…
It is your right to demand a compensation, and it is up to the employer weather or not he will accept it. I think we have really started to view employers as a little brats, and we are maybe to careful to them. They are giving us tens of requests per day, and we are ashamed to ask even one request for ourselves. It is not fair.
So, do not despair. I think it is a right thing to do. And employers need to understand that we are not objects. We are real persons with our own lives, who are pushing their dreams forward, and we work our backs of
I do not have experience with large companies… But look…
It is your right to demand a compensation, and it is up to the employer weather or not he will accept it. I think we have really started to view employers as a little brats, and we are maybe to careful to them. They are giving us tens of requests per day, and we are ashamed to ask even one request for ourselves. It is not fair.
So, do not despair. I think it is a right thing to do. And employers need to understand that we are not objects. We are real persons with our own lives, who are pushing their dreams forward, and we work our backs of…
TLDR: Interns get $9,000 upfront + around $43 to $45 per hour (paid biweekly) + many benefits including unlimited free food & transportation.
Firstly, I’d like to emphasize that pay isn’t everything, and most interns get most of their value from the actual learning and experience, not cash compensation.
Nonetheless, software engineering interns at Google (different than BOLD, EP, marketing, etc) get
TLDR: Interns get $9,000 upfront + around $43 to $45 per hour (paid biweekly) + many benefits including unlimited free food & transportation.
Firstly, I’d like to emphasize that pay isn’t everything, and most interns get most of their value from the actual learning and experience, not cash compensation.
Nonetheless, software engineering interns at Google (different than BOLD, EP, marketing, etc) get a $9,000 flat stipend along with an hourly pay (can vary depending on how far you are relocating, if at all). The hourly pay is slightly variant between interns, but mine was about $43 for Mountain View. Depending on location, returning status, competing offers, negotiation, etc some interns will get more or less than this. I know my friend who is returning to Google as an intern is getting around $45. If you work 12 weeks at 40 hours per week, as I elected to, then the $9,000 flat ends up bumping your total Google intern cash compensation to about $62 an hour (or higher, as my friend is getting). This doesn’t account for the fact that the entire first week of your internship is just getting paid to listen to info sessions, nor that there are 3 paid days off in the summer. This also doesn’t include the massive array of perks, like free backpacks and swag, unlimited free transportation, unlimited free food (from dozens of on-campus grab & go cafes, food trucks, sit-down restaurants, and hundreds of packaged snacks for convenience like Quest Bars, chocolate almonds, etc), unlimited free barista-made coffee & tea, free massages, free sleep pods, free volleyball / basketball / tennis courts, free gyms, free swimming pools, free days at amusement parks, ar...
As Nalin said even i agree that internships are to learn and not to earn. They should be seen as more of a learning opportunity rather than to make some money. Thats why a lot of people recommend internships at startups.
I would mention a few i know:
Arcesium - 100k
Nutanix- 90k
Directi- 85k + full accom
Codenation- 75k
eBay- 50k
Paypal- 50k
BlueJeans- 50k
Hortonworks- 45k
Cisco- 45k
Qubole- 45k
Symantec- 40k
Microsoft- 35k + full accom
Dreamworks- 35k
WalmartLabs- 30k
Google- 30k
Nvidia- 30k
Morgan Stanley- 30k
EMC- 25k
EDITs: A few companies recently updated their stipends:
Amazon- 40k
VMware
As Nalin said even i agree that internships are to learn and not to earn. They should be seen as more of a learning opportunity rather than to make some money. Thats why a lot of people recommend internships at startups.
I would mention a few i know:
Arcesium - 100k
Nutanix- 90k
Directi- 85k + full accom
Codenation- 75k
eBay- 50k
Paypal- 50k
BlueJeans- 50k
Hortonworks- 45k
Cisco- 45k
Qubole- 45k
Symantec- 40k
Microsoft- 35k + full accom
Dreamworks- 35k
WalmartLabs- 30k
Google- 30k
Nvidia- 30k
Morgan Stanley- 30k
EMC- 25k
EDITs: A few companies recently updated their stipends:
Amazon- 40k
VMware- 35k
Adobe- 40k
Additions:
24/7 ilabs - 40k
Samsung - 35k
Mathworks - 33k
General Electric - 30k
Indus OS - 30k
Intel - 28k
Aruba - 25k
Dell - 25k
Myntra - 25k
Texas Instruments - 25k
Qualcomm - 25k
From personal experience, Google doesn’t provide housing but it gives a 9k stipend (before tax) to cover housing. If you’re smart about the housing cost and live with a couple roommates, this should be more than enough. I ended up pocketing about 2k, although I didn’t necessarily live in the most extravagant house.
Microsoft provides either corporate housing or a 4K stipend. I lived in Bellevue, WA during my internship in the Redmond office, so I ended up just taking the stipend and living at home.
I never worked at Apple or Amazon, but my friend worked at Apple and they provide a stipend for ho
From personal experience, Google doesn’t provide housing but it gives a 9k stipend (before tax) to cover housing. If you’re smart about the housing cost and live with a couple roommates, this should be more than enough. I ended up pocketing about 2k, although I didn’t necessarily live in the most extravagant house.
Microsoft provides either corporate housing or a 4K stipend. I lived in Bellevue, WA during my internship in the Redmond office, so I ended up just taking the stipend and living at home.
I never worked at Apple or Amazon, but my friend worked at Apple and they provide a stipend for housing, or the option to choose corporate housing. My friend chose to live in SF, so he took the stipend (1k a month).
I believe Amazon also does the same thing as Apple and Microsoft (corporate housing or stipend option).
Congrats on the offer, that’s a huge accomplishment. I understand how difficult these interviews can be!
1 - Do your research. There’s a plethora of sites that gives transparent data points on what salary ranges these bigtech companies offer at certain levels. More information typically means leverage in seeking the best offer you can get.
2 - If you have other processes in play, ask your recruiter that things need to be expedited. Ask firmly but don’t be rude. This is in the best interest for yourself but also for the other companies you’re considering to not lose out on a great candidate like
Congrats on the offer, that’s a huge accomplishment. I understand how difficult these interviews can be!
1 - Do your research. There’s a plethora of sites that gives transparent data points on what salary ranges these bigtech companies offer at certain levels. More information typically means leverage in seeking the best offer you can get.
2 - If you have other processes in play, ask your recruiter that things need to be expedited. Ask firmly but don’t be rude. This is in the best interest for yourself but also for the other companies you’re considering to not lose out on a great candidate like yourself.
3 - If you are interested in the other companies, set a conservative timeline with MSFT on when you’ll finish your interviews. Re-emphasize your excitement for the opportunity but be adamant about how important this decision is for yourself and that you need to finish interviews. Do not ‘lean in’ meaning, don’t give any indication that MSFT is your #1 choice (if it is). You want to stay as neutral as possible until you finish your interviews.
4 - Ideally, all the timelines end up aligning. You have multiple offers from the other companies which you can then leverage to get the absolute best offer from MSFT. Their compensation team NEEDS to see competitive offer data to be able to approve the best offer that you can get.
5 - Of course, if MSFT is your #1 choice, compensation is a HUGE factor for you and you just want something that’s standard and fair, then ignore steps 2–4. Do your research, tell them that you’re willing if their able to approve a package at the higher ends of the range. If they meet you halfway, that will still be higher then the initial standard offer they give you.
Best of luck!
Be honest. Tell company B that you'd love to work with them, provide reasons why and an overview of things you plan to accomplish there. Let them know that you're considering an offer from another company that has an expiration date and that you would love to hear back from them before that time.
If they're smart and they want you they'll deliver an offer. If they're playing games during the offer stage they're either not a good company to work for or they're strongly considering other candidates.
You can only negotiate effectively if you're honest and competent enough that they really want to h
Be honest. Tell company B that you'd love to work with them, provide reasons why and an overview of things you plan to accomplish there. Let them know that you're considering an offer from another company that has an expiration date and that you would love to hear back from them before that time.
If they're smart and they want you they'll deliver an offer. If they're playing games during the offer stage they're either not a good company to work for or they're strongly considering other candidates.
You can only negotiate effectively if you're honest and competent enough that they really want to hire you.
You start by carefully thinking through your strategy.
Start by considering what you will do if - or more than likely, when - your request is rejected.
Are you ready to resign?
If so, are you in a position to take time off without pay?
If so, you are in a position to start negotiating.
If not, start looking for another job. Don’t think about negotiating until you have secured an offer from another company.
Now, about negotiations. There’s only one trump card that you hold - the threat to leave. Any other argument is both irrelevant and ineffective.
Now, here is what usually happens when you play your
You start by carefully thinking through your strategy.
Start by considering what you will do if - or more than likely, when - your request is rejected.
Are you ready to resign?
If so, are you in a position to take time off without pay?
If so, you are in a position to start negotiating.
If not, start looking for another job. Don’t think about negotiating until you have secured an offer from another company.
Now, about negotiations. There’s only one trump card that you hold - the threat to leave. Any other argument is both irrelevant and ineffective.
Now, here is what usually happens when you play your trump card:
If you are not a key employee, then your employer will let you go, but will probably make you work the notice in your employment contract. No employer can afford to be seen to submit to such pressure from employees. They will probably make an example of you.
If you are a key employee then the employer may accede to your demands, but will then start looking for your replacement. And will fire you when they find one. No employer can afford to be seen to submit to such pressure from employees.
However, there is a sure way of getting a promotion and a large pay rise, whether you are a key employee or not, and that is to find a similar job with higher pay. Then leave the company on good terms. Train your replacement if they ask you to. Then, after a couple of years or so, when a job opens at your previous company at a more senior position, apply for it. Your previous work will put you well ahead of other candidates.
The optimum period between changing jobs to jack up your position and salary, is three to five years.
But be aware of and respect any No Compete clauses in your contract.
If you are “very happy” with the offer, then thank them and accept the offer happily.
Everyone will be happy and you are on to a happy start.
Some might think you should ask for more regardless. Why not to try to maximize your compensation while you are at it? There is nothing to lose by just asking, they think.
But I don’t agree with that approach.
I think you are taking some risks by asking for more.
As you already indicated, you risk being considered greedy if you can not articulate a good respectful reason to ask.
You risk becoming less content and less motivated to start if you are rejected not
If you are “very happy” with the offer, then thank them and accept the offer happily.
Everyone will be happy and you are on to a happy start.
Some might think you should ask for more regardless. Why not to try to maximize your compensation while you are at it? There is nothing to lose by just asking, they think.
But I don’t agree with that approach.
I think you are taking some risks by asking for more.
As you already indicated, you risk being considered greedy if you can not articulate a good respectful reason to ask.
You risk becoming less content and less motivated to start if you are rejected not very nicely.
You might risk jeopardizing the opportunity, although not very likely, but possible if you did not handle it well.
So be real, be honest. Tell them you are happy if you are happy, honesty will be rewarded in the long run.
I would advise you not to consider pay as the primary factor for an internship. Instead, shoot for the company that is likely to challenge you the most and will offer you with the broadest exposure. Consider which one that is most likely to mature into full-time work. Working for the right place early on can be a golden ticket for future opportunities.
Also, ask them for a list of perks. For example, Google provides a wide variety of free food options. As an intern, this may offset your daily food expenses that you may need to pay out-of-pocket elsewhere.
If Google is still your first choice, bu
I would advise you not to consider pay as the primary factor for an internship. Instead, shoot for the company that is likely to challenge you the most and will offer you with the broadest exposure. Consider which one that is most likely to mature into full-time work. Working for the right place early on can be a golden ticket for future opportunities.
Also, ask them for a list of perks. For example, Google provides a wide variety of free food options. As an intern, this may offset your daily food expenses that you may need to pay out-of-pocket elsewhere.
If Google is still your first choice, but pay is still a concern, then be forthright with the recruiter. Tell them why you are excited about the opportunity - give them concrete reasons. Respectfully let them know that you have options. Tell them that Google is your first choice but need them to match. More importantly, tell them why matching is good business decision for them. Explain why you would be worth the additional cost by providing benefits that they may not have considered yet (your perks). The recruiter will not take it personally and will probably go to bat for you.
Ultimately these companies are willing to pay for performance. The burden of proof is on you.
Good luck.
There's no formal period. Your "chance to negotiate" is effectively anytime between when you receive the offer and when you accept or decline it. That said, two cavaets:
- Google doesn't "negotiate" offers in the traditional sense. See Bob See's answer to What are the best tips for negotiating a compensation package at Google? What should someone know about the way these aspects of compensation will be paid out? What are typical baselines for a program manager and how negotiable are these terms?
- Further, new grad offers are pretty cookie-cutter, and deviation from the norm is comparatively unc
There's no formal period. Your "chance to negotiate" is effectively anytime between when you receive the offer and when you accept or decline it. That said, two cavaets:
- Google doesn't "negotiate" offers in the traditional sense. See Bob See's answer to What are the best tips for negotiating a compensation package at Google? What should someone know about the way these aspects of compensation will be paid out? What are typical baselines for a program manager and how negotiable are these terms?
- Further, new grad offers are pretty cookie-cutter, and deviation from the norm is comparatively uncommon.
Lastly, sign-on bonuses actually aren't given to all new-grad hires -- only those for offices where the competitive landscape requires them. Waterloo, iirc, is not one of those offices.
“Game on…..”
• “Why do you think you need to ask for a salary increase?”
• “Just how much do you think you are worth?”
• “What have you done for the business/corporation since you were hired or after your last pay increase?”
Salary increases are negotiated for one of two reasons:
1.- Everybody is getting more money.
2.- You feel your work/service to the company justifies more money….
If you can not justify your position, are you ready to lose your job?
Before you negotiate:
1.- Update your resume, and look for a new job - one with the same or more pay and benefits.
2.- Prepare your position, perhaps bri
“Game on…..”
• “Why do you think you need to ask for a salary increase?”
• “Just how much do you think you are worth?”
• “What have you done for the business/corporation since you were hired or after your last pay increase?”
Salary increases are negotiated for one of two reasons:
1.- Everybody is getting more money.
2.- You feel your work/service to the company justifies more money….
If you can not justify your position, are you ready to lose your job?
Before you negotiate:
1.- Update your resume, and look for a new job - one with the same or more pay and benefits.
2.- Prepare your position, perhaps bring documents and practice what you will be saying.
3.- request a meeting with the individual or individuals who will approve the raise
4.- Be prepared to answer questions about the business and why you would not get the raise (even though you probably deserve it.)
5.- Smile and leave the meeting - if happy STAY, unhappy prepare to leave - give two weeks' notice when you land that better job….
Good Luck….
Salary negotiation is an important step, The below steps can help you earn your desired package 💯
Most discussions about money can be awkward. But when it comes to negotiating a good salary, you need to learn how to embrace the embarrassment and indulge in some straight talk.
One of the reasons most employees steer clear of the negotiating process is because they are worried they may ask for a number that is either too low or too high. To ensure that doesn’t happen, wait for the employer to make an offer. Some other salary negotiation tips to keep in mind to help you make that little extra are:
Salary negotiation is an important step, The below steps can help you earn your desired package 💯
Most discussions about money can be awkward. But when it comes to negotiating a good salary, you need to learn how to embrace the embarrassment and indulge in some straight talk.
One of the reasons most employees steer clear of the negotiating process is because they are worried they may ask for a number that is either too low or too high. To ensure that doesn’t happen, wait for the employer to make an offer. Some other salary negotiation tips to keep in mind to help you make that little extra are:
- Know your market value:
Do your homework and find out what people from your field and level of experience are making. Then, put a monetary value to all those skills you have learnt on the job which make you more valuable to the company before you arrive at a final figure.
2. Delink your salary from your last paycheck:
Most companies in India fix pay by asking for a candidate’s previous salary and offering a certain percentage hike on that figure. Although this is standard practice, there is no reason the same method should apply to everybody. If you have been underpaid till now, use this opportunity to ask for a paycheck that meets industry standards. If you are already on the higher end of the pay spectrum, list the skills and qualifications which bring value to the company to convince your employers of your worth and obtain a little more.
http://3.Be flexible:
The art of negotiation also entails dealing with compromises and rejections, so don’t feel bad if they come your way. Some employers could meet you halfway, in which case you have some reason to be happy. In case of an outright rejection, you need to take a call whether the offer is still good enough for you or not. Weigh your pros and cons objectively and then communicate your decision politely to the company.
4. Study the salary structure:
Companies usually draw up a salary structure and send it for approval to the employee they are hiring. Ensuring that your salary is structured in such a way as to minimize the tax burden by including allowances and incentives is one way for you to get more out of your salary.
5. Keep the negotiations professional:
Remember to be confident, polite and ready for compromise. The last thing you want is a deadlock. Also, be careful not to seem desperate, pleading or apologetic. Don't bring up any personal reasons about why you need money as that would be very unprofessional. Engage with the company confidently on equal terms and get the best deal for yourself!
While as a new recruit, your salary is chiefly determined by the sector, skills and qualifications, experience, size of company, etc, negotiating well can help you get that little extra. Most companies tend to quote a figure on the lower side, so it’s important that you negotiate. If you don’t, chances are you have missed out on making more money
All the best for your future,
The main benefit of being an intern at a company like Google or Meta (Facebook) is the work experience. A second benefit is networking. And lastly, companies like Google and Meta pay their interns, often quite well. A simple search will probably bring up multiple articles about how well interns at the big tech companies are paid.
One intern I worked with did multiple internships on his way to getting his masters degree. When he entered the job market he already had work experience at Google, Facebook, Twitter, and Dropbox on his resume. He didn’t have any trouble landing a very high paying job.
Easy. Tell them that you know their business. They’ve already invested the money in getting an intern up to speed. An intern now has some skills and is ready to produce.
Or…
You can go to a competitor and make THEIR business more profitable.
Their choice. Don’t be needy. Name your high price. Do it with a straight face. And let the chips fall where they may.
Yes, definitely. You should never take a salary cut unless there is an excellent reason for doing so—a new opportunity, an exciting start-up, or something else that is important for a personal reason. If you do decide to take a cut, make it clear from the beginning that this is what you are doing, and ask right off the bat how your employer plans to advance you to your old salary level. Moving is hard. If your new company values you they will increase your salary.
If you are unemployed, the situation is much different. Then the new employer knows that they have an advantage over you, because yo
Yes, definitely. You should never take a salary cut unless there is an excellent reason for doing so—a new opportunity, an exciting start-up, or something else that is important for a personal reason. If you do decide to take a cut, make it clear from the beginning that this is what you are doing, and ask right off the bat how your employer plans to advance you to your old salary level. Moving is hard. If your new company values you they will increase your salary.
If you are unemployed, the situation is much different. Then the new employer knows that they have an advantage over you, because you have to work. This is why it is always better to change jobs when you are already very well and securely employed.