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Negotiating salary

Posted: Thu Nov 10, 2005 2:23 am
by bitWISE
I'll be getting my bachelor's in CS this June so I'm starting to look within Nationwide (my current employer) for development positions. I've heard a rumor that they may offer me a salary position on the support team that I'm currently stuck in but I'm not sure if I would accept it.

So what kind of numbers do you guys think I should shoot for? I was thinking a target of $45,000 is a good place to start but I just read the average developer in the finance industry is pulling $70,000. What about signing bonuses? Benefits? Any pointers?

Posted: Thu Nov 10, 2005 2:24 am
by andyman
CS as in counterstrike?

Posted: Thu Nov 10, 2005 2:25 am
by [xeno]Julios
ffs it's salary :p

Posted: Thu Nov 10, 2005 2:26 am
by Dr_Watson
well.. rule 1 for getting more money is spelling salary correctly

Posted: Thu Nov 10, 2005 2:27 am
by bitWISE
Dr_Watson wrote:well.. rule 1 for getting more money is spelling salary correctly
lmao...brilliant

Re: Negotiating salary

Posted: Thu Nov 10, 2005 2:35 am
by Guest
bitWISE wrote:I'll be getting my bachelor's in CS this June so I'm starting to look within Nationwide (my current employer) for development positions. I've heard a rumor that they may offer me a salary position on the support team that I'm currently stuck in but I'm not sure if I would accept it.

So what kind of numbers do you guys think I should shoot for? I was thinking a target of $45,000 is a good place to start but I just read the average developer in the finance industry is pulling $70,000. What about signing bonuses? Benefits? Any pointers?
Ask them if you can buy stocks from the cie. Most of serious cies provide them anyway and it shows that you believe in it, a plus for you.

Re: Negotiating salary

Posted: Thu Nov 10, 2005 2:39 am
by bitWISE
pete wrote:
bitWISE wrote:I'll be getting my bachelor's in CS this June so I'm starting to look within Nationwide (my current employer) for development positions. I've heard a rumor that they may offer me a salary position on the support team that I'm currently stuck in but I'm not sure if I would accept it.

So what kind of numbers do you guys think I should shoot for? I was thinking a target of $45,000 is a good place to start but I just read the average developer in the finance industry is pulling $70,000. What about signing bonuses? Benefits? Any pointers?
Ask them if you can buy stocks from the cie. Most of serious cies provide them anyway and it shows that you believe in it, a plus for you.
Good point. Stock options. NF stock seems to be pretty stable. However, if I get a position with NI the company is privately owned.

Posted: Thu Nov 10, 2005 2:40 am
by duffman91
Software Engineering is a dog eat dog field. Take care of your assets and worry only about yourself. Try to get the most money possible. Don't rely on benefits/bonuses because you might be layed off before you can even see them. (Project ends, lack of funding, etc)

Last I checked, the starting "average nationwide" salary for american developers was $50,000.

Oh, and if the project is doomed from the start, leave it. Don't taint your work image because of a lack of leadership.

PS: Business managers and project managers don't really understand each other. If you're not 100% sure on a company, don't waste time. Move on!

edit: In case you're wondering about myself: I grew tired of the current "clusterfuck" that is current development companies. I have since chosen to join a fortune 500 company and focus on project deployment and support. Much better working environment with a more "permanent" feel. Oh yeah, the benefits are much better too.

Posted: Thu Nov 10, 2005 2:46 am
by bitWISE
duffman91 wrote:Software Engineering is a dog eat dog field. Take care of your assets and worry only about yourself. Try to get the most money possible. Don't rely on benefits/bonuses because you might be layed off before you can even see them. (Project ends, lack of funding, etc)

Last I checked, the starting "average nationwide" salary for american developers was $50,000.

Oh, and if the project is doomed from the start, leave it. Don't taint your work image because of a lack of leadership.

PS: Business managers and project managers don't really understand each other. If you're not 100% sure on a company, don't waste time. Move on!
Thanks duf. I started my internship on a project that had it's funding cut only to be taken over by another division. I've been floating around the department ever since.

Posted: Thu Nov 10, 2005 3:07 am
by MidnightQ4
ya starting salaries are around 50,000 or so. experienced programmers 3-5 years make around 70-90 and architects make 100-150k depending on experience and the size of projects.

basically coming right out of school you can't really bargain much on salary, most places just lump you in with the "college new hire" label and treat eveyone the same.

however in your case since you already work there and in theory have experience doing what you are going to be doing when/if they hire you, you could claim that as being a solid year of experience and ask for 10% more because of that. so 55k or so is not out of the question. but then again most places have these retarded salary brackets and the upper limit for college hires may be X and they just won't pay you more than X. So the thing you need to do is emphasize your experience level is more than a college hire.

Posted: Thu Nov 10, 2005 3:30 am
by bitWISE
Good point man thanks.

Posted: Thu Nov 10, 2005 4:18 am
by Canis
You first are going to take the first shit job that comes your way. You have nothing they want other than you have a degree, and there are hundreds of thousands of fools out there with CS degrees. Landing it big at first will mean you get lucky. Do your shit job for a few years and work your ass off. Then either go to grad school or start searching for a job where you can pimp your experience and have a say in your salary.

Posted: Thu Nov 10, 2005 4:22 am
by duffman91
Canis wrote:You first are going to take the first shit job that comes your way. You have nothing they want other than you have a degree, and there are hundreds of thousands of fools out there with CS degrees. Landing it big at first will mean you get lucky. Do your shit job for a few years and work your ass off. Then either go to grad school or start searching for a job where you can pimp your experience and have a say in your salary.
I don't agree with Canis at all. I know plenty of people fresh out of college making $65,000 programming in respectable, good companies. You simply have to search for the positions. If money is an issue, then obviously take whatever comes. But if you got a few months to wait on your decision, by all means shop around. An interview is not just you desperatelly looking for a job, your potential employer is also desperatelly looking for workers.

Re: Negotiating salary

Posted: Thu Nov 10, 2005 4:46 am
by raw
bitWISE wrote:I'll be getting my bachelor's in CS this June so I'm starting to look within Nationwide (my current employer) for development positions. I've heard a rumor that they may offer me a salary position on the support team that I'm currently stuck in but I'm not sure if I would accept it.

So what kind of numbers do you guys think I should shoot for? I was thinking a target of $45,000 is a good place to start but I just read the average developer in the finance industry is pulling $70,000. What about signing bonuses? Benefits? Any pointers?
Unless you're a proven genius at coding, odds are early on in your career you're going to have to sacrafice money to gain experience. The more experience you have, the more money you can deman since you have have real world justification and proof you can do what they'd want of you.

Posted: Thu Nov 10, 2005 4:47 am
by raw
Also, this book was HIGHLY recommended to me for anyone looking to properly play the "employment game".

http://www.amazon.com/gp/product/159337 ... e&n=283155

Posted: Thu Nov 10, 2005 7:21 am
by Canis
duffman91 wrote:
Canis wrote:You first are going to take the first shit job that comes your way. You have nothing they want other than you have a degree, and there are hundreds of thousands of fools out there with CS degrees. Landing it big at first will mean you get lucky. Do your shit job for a few years and work your ass off. Then either go to grad school or start searching for a job where you can pimp your experience and have a say in your salary.
I don't agree with Canis at all. I know plenty of people fresh out of college making $65,000 programming in respectable, good companies. You simply have to search for the positions. If money is an issue, then obviously take whatever comes. But if you got a few months to wait on your decision, by all means shop around. An interview is not just you desperatelly looking for a job, your potential employer is also desperatelly looking for workers.
Sure shop around, but I was under the impression he was about to hagle with an employer over his salary.

Posted: Thu Nov 10, 2005 9:45 am
by Ryoki
Don't do it! Run away while you can, escape the wageslave gulags of death...

Posted: Thu Nov 10, 2005 2:03 pm
by plained
Canis wrote:You first are going to take the first shit job that comes your way. You have nothing they want other than you have a degree, and there are hundreds of thousands of fools out there with CS degrees. Landing it big at first will mean you get lucky. Do your shit job for a few years and work your ass off. Then either go to grad school or start searching for a job where you can pimp your experience and have a say in your salary.
rofl low self esteam?

Posted: Thu Nov 10, 2005 2:38 pm
by ^misantropia^
Meh. CS bachelors in the Netherlands only make E 25,000, E 30,000 tops ($30,000-$35,000) during their first few years. While the cost of living is roughly comparable to the States. It might be bit different in other European countries but not too different, I think.

Time to move, perhaps...

Posted: Thu Nov 10, 2005 3:12 pm
by Grudge
Same here, CS bachelors are a dime a dozen over here, you need to have some solid work experience to make good money as a developer here.

Posted: Thu Nov 10, 2005 7:13 pm
by bitWISE
Canis wrote:
duffman91 wrote:
Canis wrote:You first are going to take the first shit job that comes your way. You have nothing they want other than you have a degree, and there are hundreds of thousands of fools out there with CS degrees. Landing it big at first will mean you get lucky. Do your shit job for a few years and work your ass off. Then either go to grad school or start searching for a job where you can pimp your experience and have a say in your salary.
I don't agree with Canis at all. I know plenty of people fresh out of college making $65,000 programming in respectable, good companies. You simply have to search for the positions. If money is an issue, then obviously take whatever comes. But if you got a few months to wait on your decision, by all means shop around. An interview is not just you desperatelly looking for a job, your potential employer is also desperatelly looking for workers.
Sure shop around, but I was under the impression he was about to hagle with an employer over his salary.
No, I don't have an interview lined up. Just wanted some pointers on the whole thing and I got some good ideas that I hadn't thought of.

Posted: Thu Nov 10, 2005 7:19 pm
by Canis
plained wrote:
Canis wrote:You first are going to take the first shit job that comes your way. You have nothing they want other than you have a degree, and there are hundreds of thousands of fools out there with CS degrees. Landing it big at first will mean you get lucky. Do your shit job for a few years and work your ass off. Then either go to grad school or start searching for a job where you can pimp your experience and have a say in your salary.
rofl low self esteam?
absolutely not, but just speaking from the experience I've had as well as other folks I know.

Posted: Thu Nov 10, 2005 7:28 pm
by plained
eh no need to justify to me.

its not like its your fault or nothin

Posted: Thu Nov 10, 2005 7:36 pm
by Canis
You're almost cute, but not quite. Otherwise I'd pinch your cheek and give you a candy bar.

Posted: Thu Nov 10, 2005 7:38 pm
by plained
i doen eat candy but im cheeky :drool: