Salary Advice

[Dublin2BuenosAires]

Thanks fifs2, what would 20k net be gross?

 

[fifs2]

Thanks fifs2, what would 20k net be gross?

For the employer at least 20k*45%..but in Bsas salaries are always discussed in net - weird and something I never get used too, so focus on 20k net a month. Let us know how you get on. You can't lose. The experience of working in Bsas alone is an added bonus on anyone's cv.

 

[Dublin2BuenosAires]

I had heard that too, Net vs gross etc...I'll be talking in european terms to the svp over there so i am looking for an idea for an annual gross figure.

Thanks again, v helpful. I will certainly keep you all posted. Am hoping to start work in jan, seems unwise to leap into anything pre-xmas !

 

[fifs2]

I had heard that too, Net vs gross etc...I'll be talking in european terms to the svp over there so i am looking for an idea for an annual gross figure.

Thanks again, v helpful. I will certainly keep you all posted. Am hoping to start work in jan, seems unwise to leap into anything pre-xmas !

Let me ask our finance guys how the numbers play out exactly in gross terms ok...? I worry about the bottom line.,.,

 

[citygirl]

Well, 17% employee has to pay to on 20K, that would be 23400 a month. Plus anything over 10K, there is mandatory income tax withholding for the employee. That % I don't know off the top of my head.

 

[sleslie23]

Citygirl, not saying you are wrong, but in my experience in 17 years of interviewing and being interviewed, the negotiations begin by the EMPLOYER asking about salary requirements and the INTERVIEWEE usually providing current salary and salary expectations. I've never had an employer provide me a first number, nor have I seen that happen in any interview I have been involved with.

My guess is that we have experience in different sectors. By IT, I mean software development, including programmers, QA engineers, etc. For these positions, the employer generally requires a specific skill set and is looking for a specific profile and understand that may mean having to pay more. In some cases (mine when moving here) HR will actually bend the rules on salary levels to make it happen.

The problem with the scenario Citygirl outlined is that it assumes that the employee will lowball themself. I know exactly what the salary ranges are for the job titles I mention above (at least in the Bay Area and Buenos Aires). When I provide a salary requirement, it is usually about 10k USD higher than what I will accept. This leaves room for negotiation, but has always resulted in my being hired at the higher end of a salary level.

What if you will go for 50, the employer will pay 60, but their first offer is 35? At least if I am making the first offer, it's gonna be a good one.

It seems that you guys are coming more from the perspective of "outsourcing" which tends to focus primarily on lowering the numbers rather than filling specific slots with specific skill requirements. That definitely happens in software development, but long before there is even an open req. If I knew that I were being hired merely because I am cheaper than someone in another country, then I might have a different negotiation strategy.

 

[fifs2]

Let me ask our finance guys how the numbers play out exactly in gross terms ok...? I worry about the bottom line.,.,

OK so as Citygirl correctly states a 20k net salary per month equates to 23400 for the mployee ie 17% additional. If you're employed and not a contractor this means 41% social fees etc for the employer ie 9594 on top of the gross so in total 32994 total cost for the employer..minus insurance costs and other items

Hope this helps...

 

[Dublin2BuenosAires]

Great info and much appreciated. Will float a few figures back in Europe and then see how that corresponds to the local salary bands.

 

[citygirl]

sleslie - your mileage may vary. I'm simply sharing the most basic concept in negotiating which is the first person putting out a number is in a weaker position. If you're comfortable with what you're getting and know the market very well and continually benchmark against your peers, that's great.

An employer will always ask first and wait for the employee to provide a number and what they were previously earning when starting salary discussions. There is a reason they're asking the employee to start the conversation.

Again, YMMV and that's great. Just sharing what I would advise anyone to do when negotiating.

 

[fifs2]

sleslie - your mileage may vary. I'm simply sharing the most basic concept in negotiating which is the first person putting out a number is in a weaker position. If you're comfortable with what you're getting and know the market very well and continually benchmark against your peers, that's great.

An employer will always ask first and wait for the employee to provide a number and what they were previously earning when starting salary discussions. There is a reason they're asking the employee to start the conversation.

Again, YMMV and that's great. Just sharing what I would advise anyone to do when negotiating.

This reminds me of buying a house in Ireland via closed auctions...how much agonizing over the sum to write in the envelope before sealing..too low and you could lose the chance of the property for 100euros..too high and you've a lifetime of regret for having overpitched by XX amount...Maybe Dublin should do this with his new employer...both write a number on a piece of paper and do a skype video call and hold up simultaneously..