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How much of a pay-cut would you be willing to make?

Brigida96·Oct 02
Posted in:Advice

I am one of the many folks that was impacted by layoffs in tech earlier this year (in May). I have been hunting for months with no offer letters yet (I have gotten to final rounds of interviews but no offers yet). I have one opportunity that looks like it could turn into an offer, but the compensation would be significantly lower than my last role and the title could look like a step backwards in my career. I am the benefits holder of the family, so I can't afford to go into the New Year without something lined up. I plan to negotiate as much as I can should an offer come through, but am also struggling with both the paycut and the title. While I would love to wait it out a few more months and find something with better pay and better title, time is not on my side and I am exhausted by the search and the endless rejection. I also have a family that I have to support.

Advice? Feedback? Have you done this before and negotiated successfully?

nataliehoop'snataliehoop·Oct 02
First off, yes, you can absolutely negotiate many things including salary, bonus opportunity, title change, and a sign-on bonus. If you don't get what you need, then take the job anyway and think of it as a bridge job (a job that you take right now to tide you over until you find the right fit). Then, keep looking for an opportunity that fits your needs. I was very lucky and took a contractor position (I didn't need the benefits at the time) and then was able to take my time and find the role I really wanted. Having incoming coming in, decreased the pressure to just take a job and instead, focus on what I really wanted out of my next company and role. Good luck!
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