My current salary is $120K and projected 10% bonus puts me at $132,000 per year overall. My company wants to make me into a contractor for reasons that I suggested makes me more valuable to the company. Not going to go into more detail than that.
Company is enthusiastic about the idea of me becoming a contractor, but it means me losing my benefits. My boss initially suggested a salary of $140,000 with no bonus, which is only $8,000 more than I currently make with my bonus. This was simply a first offer however and there is room for negotiation.
The offer sounds low to me. I have a full range of benefits from flexible spending accounts to 401k to insurance to stock options. But of course I don't think there is any way for me to fully assess what my fringe benefits actually cost the company.
Should I be asking for more? How do I make my case?
Edit: I should clarify. Currently on my wife's health insurance plan, which is better. To demonstrate that I'm negotiating in good faith I've told the company that it doesn't need to be factored into my new salary.
Submitted November 19, 2021 at 10:36AM by ObamaBigBlackCaucus https://ift.tt/3ctcrzU
