Career Tips

Pay Negotiation


I currently work for an insurance company for 5 years. I have been offered an interview for a position that is in a training program for 9 months then promoted to a position one level (in title) than I am now. It is a career position that I would like to move into and am not sure if this same position will be available in my company due to politics. The thing I would like to know is how can I negotiate a higher starting salary. They told me the starting salary is about  $1,000 less to start than my base salary is now. after training it would be increased by $6,000 which is about what I make with our bonus and OT pay. The position is about twice what I have now. I have about 2 years of direct experience plus an insurance designation that is beneficial to this job. The ad stated that no insurance background is necessary. What is the appropriate rate to ask for and how to I do it? I am not sure if everyone starts making the same salary to start since it is a training program or if there is room for negotiation.

 

I highly doubt they' re going to negotiate salary in a training program.  You either want the opportunity or you don' t.

You kinda need to think about the description of the job you' ve been offered - it' s a "training" program.  I really doubt that you can negotiate more for a program that' s designed to teach you how to become a productive employee for a new employer.  While you' re going through the training, you' re really not helping this company earn a dime, so no matter what you' re background, my bet would be that the training program salary is fixed.  With your background you may be able to whip right through it, but until you can start helping earn money for the company, I doubt that you can negotiate more.  As Tess pointed out, you either want this opportunity for career growth or your don' t because, initially anyway, it' s practically a lateral move.

Advance with caution. I was offered a similar invitation once. I permitted a number of assumptions that never materialized. The move was a risk. I left an ideal office. And the job was unfamiliar to me. Also, there was no guarantee of management support if it didn' t work out. All of my worst fears came true. The company even fired me.

Consider your risk tolerance, and if you decide to proceed, obtain HR confirmation on all claims you receive explicitly or implied.

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