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Salary Negotiations - New Business
I have an interview tonight for general manager at a new frozen yogurt place. I worry that since it is a brand-new business (they opened 3 weeks ago), they won't be able to offer as much as, or more, than I am making now.
Do you think I will have any negotiating power if they offer me the job? I know they are paying their part-timers minimum wage.
I would take a comparable salary to what I am making now, because I know I could work there 3-5 years, and use that experience to land a higher paying job as a restaurant manager, but I can't afford to take less; the bills wouldn't get paid.
If they offer less, should I say "I really need to be making X in order to leave my current job, but my goal is to be making Y in 3-5 years" or something along those lines?
Re: Salary Negotiations - New Business
Cart before horse. See what they offer.
I think your statement to them would be fine. But you need to be willing to not take it if the pay is lower.
Our little Irish rose came to us on March 5, 2010
Don't drink the water.
Disclaimer: I am not an MD. Please don't PM me with pregnancy-related questions. Ask your doctor.
Oh I definitely would decline the offer if the pay is lower and they were not willing to negotiate. I like eating and paying rent.
I'm just trying to feel prepared. I've never negotiated before, and I want to know what I'm going to say if it comes to that. I don't like feeling caught off-guard. In my current and previous jobs, they have just told me "this is what you will be making," and since I was going into all of them as unemployed, I took anything they offered and did anything they asked. I'm no longer in that position.
On the plus side, I got a call on my lunch hour for an interview as an assistant manager at a very prestigious restaurant next Wednesday. So we'll see how it goes.
Well the interview went great. I found out that if I get the job, I will be overseeing the new store, as well as 2 more that they have planned for the metro area within the next year - year 1/2. I go in for a trial run tomorrow evening.
When they asked about salary, I told them ideally Y, though I understand things might be shaky with it being a brand new upstart, but I couldn't leave my job for less than I'm making now. They asked how much, and I rounded up a teensy bit.
Then they said "oh that would be no problem AT ALL, we would bounce you up from that."
They agreed way too easily. *sigh* If they make an offer, though, I still plan to try to negotiate higher, and definitely bring up the possibility of raises once the two new stores open and will be under my management. This is something I didn't know when they first asked about salary.
Feel free to slap me around for naming a number first