Is 25-30% above industry average too much to ask for in a salary negotiation?
July 4, 2012 6:38 PM Subscribe
Salary question: I'm aware of the industry average, but believe I have more to offer, and the employer seems very eager to have me as well. Is it out of the line to suggest an amount that I know is 25-30% above the average salary for the position in question?
posted by 01080591 to work & money (22 answers total)
Shortly after graduation, I was aggressively propositioned by two professors who formerly taught at my department to join their boutique-sized firm in where I'd consider my hometown (I had been abroad for the past 8 years.) After some email exchanges, a long-distance phone call, and finally an in-person meeting, I was offered a position, and was asked for my salary expectations.
After doing some research on forums and plain ol detective work, I have some idea of what the typical salary for someone in my position would be. However, the firm in question does a lot of international business, and I happen to be perfectly bilingual in the two of the three languages (and proficient in the third) that they operate in on a daily basis. I know for a fact that most current employees in the firm only speak one of the three languages, so my fluency in both is a great asset. Additionally, I am one of the top students in my small department, and my professors are very aware of the fact as well (they in fact even brought it up themselves in the meeting.)
So I guess the question is, giving consideration to all factors aforementioned, would it be a turn-off to my prospective employers if I suggest a figure that I know is at least 25% above the industry average? And how likely is it for them to retrieve the offer solely because they think that I'm being, well, "audacious" with my salary suggestion? Or is this just how a typical salary negotiation works?