FluffyBoba
FluffyBoba

Should you compare a new offer to your current salary or to the market rate?

How do you deal with offers that are only slightly above your current salary but on the high end according to the market rates?

17mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
ZestyQuokka
ZestyQuokka
Hinge17mo

Market rates hands down 🙌 If you base your next on your current, never gonna earn enough

SillyDonut
SillyDonut
TCS17mo

Indeed

ZippyNarwhal
ZippyNarwhal
Meesho17mo

But what if HR says previous was less ? It’s kinda annoying when that happens!

PerkyDumpling
PerkyDumpling

How do u find out the market rates

FluffyBoba
FluffyBoba

Salaries from the past 6 months on levels.fyi can be a good indicator

SillyDonut
SillyDonut
TCS17mo

Glassdoor and ambition box and 6figr

Ya sidhe dost ko call lga lo Jo lalchi h

DizzyJellybean
DizzyJellybean

Whichever is more

SqueakyMuffin
SqueakyMuffin
Zomato17mo

Do the interviews. If they like you, want to hire you, and still give you a salary based on your previous salary, then the org is going to be full of disgruntled employees with compensation issues.

Clearing the interviews is step 1. Worse case you can show them competing offers for negotiation. Worst case you just reject them and act on a red flag.

SparklyBurrito
SparklyBurrito
Amazon17mo

you should try for market rates, but wrt a company's offer, you should target at least 75th percentile for that role if not the highest. EOD, they can give you what they can offer.

BubblyKoala
BubblyKoala

Rationality suggests that you compare to the market rates, but the way human minds work is it takes a lot of conscious effort to ignore the relative change.

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