#SalaryNegotiation #CandidateOffer #BudgetAllocation
Hey everyone! 💬 Do you offer candidates more than their asking if it’s still within the budget?
So, picture this scenario: You have a budget of 25k for candidate A, but their asking salary is only 20k. Do you stick to their asking price or do you offer them based on the actual budget? 🤔
I recently had a situation where they offered me more than my asking salary, and it got me wondering if this is a common practice or if I just got lucky. 🍀
I would love to hear your experiences and thoughts on this! And as a possible solution, maybe offering a bit more than the candidate’s asking salary could help attract top talent and show that you value their skills and experience. Let’s discuss! 💡
I would. We don’t necessarily offer budget or what the candidate wants. We offer what we think is fair based on internal equity and external market data. Sometimes this means more than a candidate is asking for.
Of course…I present candidates to my clients and a number that I think is on par with their “YOE”, tenure, skills and adaptability…I obviously talk with the candidates about this prior to sending. I am in a pretty niche field of recruiting and have been doing it for long enough to know what market value is and if the candidate should ask for more.
Yup! Every time. I had a candidate lowball himself last week and only asked for $70k. The offer I made was for $110!
If that’s what they want and I know they’re worth it I’ll send them if it’s not too out of reach, but when I get them the salary they told me they were after then they ask for more that’s when I get the shits.
Had one recently, I highlighted the salary they asked for numerous times then offer comes and they ask for more, that’s not how it works and the hiring manager thinks you’re an idiot.
Yes. Don’t want them leaving once they realize they can get more elsewhere
Usually we offer the fair market value that we can and we do not exploit someone’s willingness to take less, that never ends well. Pay people the right way.
Every. Chance. I. Get.
Especially with women and diversity candidates.
You know they will be happy as hell to accept the offer, long-term retention is better, and you are helping improve somebody’s life.
Depends on the company, I would say. If the candidate is underselling themselves or if I know the hiring manager is going to try to offer the least possible, I’ll fib a little… Say they said they wanted $80k, then I’ll say they want over $80k. I word it some way that makes it seem like they want more. That way when the offer time comes around, they get a bit more. Obviously it’s always in the budget.
Yes! I believe in advocating for my candidates, plus it helps close the deal.
Side note: my current company did this for me. The offer was almost 30k more than my minimum ask.
Agency recruiter here. I submit my candidates at the highest salary I think I can get them for their experience, regardless of what they tell me their minimums are.I recently got a candidate $120k when they told me they were looking for $95k. I love my job. 🙂
Yes, absolutely. If it’s in budget
I mainly work in internal recruitment, there are wage bands in place based on what the company has determined as market value for the skillsets and experience.
If the internal band for the role is 80 – 100k and someone tells me their expectations are 70, I will 100% tell them that they are undervaluing themselves.
I would go +10% of his expected to seal the deal. Everyone love extra money
its probably a better course of action than having them work for a couple years and them finding out they are underpaid and when they ask for a raise tell them there is no way its possible to give them that much all at once and have them quit and then have to fill the position again.
I’ve definitely done that for junior hires who don’t know how the market works.
Yes, within reason and aligned with market data. If you underpay someone relative to the market/colleagues you are bound to have attrition.
My recruiter did and I love him for it. Got me $15k more than my goal.