img

Getting lowballed - How to negotiate?

Got an offer from an e-commerce company but they are low balling me based on current CTC. The budget for the role is 20-30% more than what it being offered (I know this because I have friends on the same role and same exp) How do I negotiate? 2YOE

img

Aragorn_urf_Maverick

Accenture

a month ago

img

BetterPanic8

Startup

a month ago

img

CoolRabbit

Pixxel Space

a month ago

img

BetterPanic8

Startup

a month ago

img

MrRobot1992

Early Stage Startup

a month ago

img

BetterPanic8

Startup

a month ago

img

MaadPrax

TCS

23 days ago

Sign in to a Grapevine account for the full experience.

Discover More

Curated from across

img

Software Engineers on

by Paul

Startup

How to negotiate?

I've recently got an offer from a Unicorn Startup, and they pay pretty well (My friends do work there) But I'm getting lowballed. They're offering only 50% of what they offer, and even after having so many calls, they're at max pushing it to 70%, which doesn't make sense to me. They are claiming my Current CTC & saying they can only offer a 30% hike. I don't even get that point. I think ur new CTC shouldn't be based on your previous especially if you are already paying so much to others. Getting less than what my juniors are earning in the same position, baffles me. How do I move forward? I've clearly said that I'm only interested in this amount of money. At the same time, I feel it's better than what I make right now (not much better tho, because WFH vs WFO) I'm okayishhh with the work I do, but the brand name is also a valid concern (I do have a few brand names in my Resume, and that does actually impact) How do I push more? I've clearly told them that this is what you pay & they accept it but constantly raise my Current CTC as their brahmastra. Also, I don't like the tone she's talking with (repeatitvely making me feel inferior about current CTC & my less exp & all), nor do I want to lose my temperament Also one question, they've asked me for the Offer letter, and I have stupidly handed it to them. Is that a norm? What to do in that case next time? I already told them before interviewing how much base I'm expecting.. And they said it would depend on your interviews (where I'm a strong hire) & CTC. And now they're behaving weirdly. What to do!