Sign-on bonus?? Dollar dollar bills ya'll...
So, I recently interviewed with a small PE shop. (
So, I recently interviewed with a small PE shop. (
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If they ask you for a comp range, I would give the 55k - 65k range that you are comfortable with. It's higher than what they were giving the guy before you, but not so much higher that you would seem unreasonable. Keep in mind they will probably come in at the middle of your range, provided they've decided you're the best candidate and want to move forward and hire you. Then, once you have the salary firm, mention that you are pretty pinched at the moment and would appreciate if the firm could pay a relocation bonus to cover the cost of finding an apartment, security deposit, etc. They will probably ask you how much you are thinking and you can either say "well i have done my research and this is what xx costs" or take it home, give it some thought and then give them a # later on.I wouldn't explicitly ask for a "signing bonus" bc that may sound spoiled.
Also, if they make you an offer, say that you are extremely honored and excited to start work and you will get back to them soon with a final answer. Then come back and say given xxx costs of living you would be more comfortable accepting the offer at xxx salary. Best of luck.
Wait, are you experienced or out of undergrad?
1 year out of undergrad, so no relevant work experience (just internships) but I spent 4 years in the Army before going to school, so I am 27.
Regards
if i didn't misunderstand your post, i think you're putting the cart before the horse a little bit. focus on getting the offer job first.
assuming you do get it, i think it's reasonable for you to ask for relocation bonus. smaller shops tend to be more personal and understanding, and tend to have room for "negotiation". think about it from their perspective. do they really want you, their top candidate and only analyst, to be disgruntled right off the bat because of $5k? my experience is that smaller shops tend to be more understanding with personal issues. just be honest and sincere with them. good luck.
Thanks for the advice.
Yes, I am putting the cart before the horse, but not to satisfy some need to see how much cool stuff I would be able to buy with all my money...it was simply to have an idea of what I should say/ask for should the question come up in my next (final) interview this Friday.
Thanks again.
Regards
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