QUOTE(Kakistok @ May 27 2023, 12:06 PM)
Since one of the managers is my friend, I'm just going to send him a WhatsApp first to express my thoughts on the possible offer. I didn't really express it during the interview because I was sinking all in.
Went through the technical session (2nd IV), and then the excitement of knowing I'm in the pole position to join an elite company in an industry I'm passionate about, followed by the disappointing salary news. LOL
I'm just going to tell him I'm a little uneasy about the package and would like to see if there is any opportunity for renegotiation. At least he knows from me directly and not from HR.
Just going to share with him the spreadsheet I made (attached) so that he understands why Im being hesitant. Will he make the move if he was in my shoes?
Since they are Europeans, they may not be familiar with the living cost here in Malaysia, compared to the UK
I was holding my smirk when the other manager went on saying they get a 4% increment + bonus every year as if that is something unusual. 4% bonus not even half month.
He mentioned the only thing that is expensive is the house and tax, but the rest are cheap. But anyway ...
The only way to make this feasible is to cover that accommodation cost, either they
1) add that to the nett pay (means more loss to taxes)
or
2) accommodation directly paid for by the company
or
3) since it's a hybrid role, can I just work from Malaysia, once a month trip to the UK (if needed). They can pay me even less than they offered. Not sure if there would be a problem with corporate taxes.
I don't know if ex-pat packages with accommodation exist these days. I've gone through some ex-pat forums, and it seems quite rare, only available for those C or D-suite execs.
Don't show any figure or spreadsheet, you open up yourself to be challenged and risk anchoring on a figure. This can go real bad.
I agree with the fellow below here. What do you think is fair value for your services? Don't talk about living cost, it's immaterial to the company, also approach this from a value perspective. Companies/HR always say that they compensate based on the COST OF LABOUR, not cost of living.....since you know that you have rare skills, what truly is the cost of your labour and specialty?
Friend or no friend, all companies will try to pay you the least to get you to say less, if you show a breakdown of your living cost and expenses, they can simply tell you that you should spend less or some BS like, oh....you actually have a a surplus, so the offer stands. Never do anything stupid like this.
I don't want to speculate why they offered that figure......if friendship or having that relationship really did mattered, I would expect to have a but of premium above the average, just to sweeten the deal, to go with someone who knows the job and have a pre-existing relationship. So if the offer is disappointing then it's really either one of the 2 points below. Many times. HR will lowball because they have a notion that immigrants and foreigners will almost always accept any offer because moving to the UK is an upgrade, especially when you are not a WASP....that's just how they play the game.
QUOTE(Tikietic @ May 27 2023, 02:01 PM)
Hi,
perhaps you can really "test out" your friendship with your angmo boss and sincerely see how it pans out.
it's kind weird though as how you put it.. an elite/rolex class company, but somewhere lacking in compensation. This may reflect in 2 possibilities:
1. your prospective boss is just trying to milk you as much as possible.
2. industry is not doing well moving forward and thus hiring budget reflect this brutal honesty.
for #1, you can leverage your relationship and really see if these so called "pole position", your skillsets, how well you're needed, etc are true.. else, it's just a facade to rope you in.. if you're really what they claimed you are... stand your ground(this is not re-negotation.. but negotiation.. you don't have to give those pathetic although justifiable reasons about living expenses.. just justify based on merits alone would suffice)
for #2.. pandai pandai la.. if things are going south, everything is off the table, so to speak and nothing will be certain, regardless rolex or otherwise.
Precisely, friendship, buddy buddy all goes out the window when it comes to money or when it comes to finding someone to sack or to blame............The best "friend" is still money when it comes to a business relationship. Everything else is just cosmetic....
This post has been edited by feynman: May 28 2023, 02:53 AM