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Comment by factorialboy | Hacker News Reader

What's your track record in software engineering? People in these industries are likely to be far more educated that the music / entertainment sector.

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Sure - we've been doing these types of negotiations for senior and director-level (even CTO-level) engineers for over 5 years now. We have helped engineers negotiate employment packages with Facebook, Google, Stripe, HSBC, Apple, Salesforce, Instacart, FireEye, Attune, Palo Alto Networks, and many more.

What have the results of these negotiations been? What is the median % increase over the initial offer?

While I don't have a hard statistic/number for you (we are working on putting those numbers together now) our most recent client got over a 100% increase over the initial offer. We also had a client that got so much more than they were initially offered that their future boss also got a raise because the company had to rethink the pay structure of the entire division.

I understand if it's hard to calculate the median. But what's the minimum increase?

Some of the companies you mention try hard to make the initial offer compelling/fair (e.g. slightly above max of {current compensation, competing offer, target compensation for level}), so I'd assume that sometimes they simply won't budge beyond that, as they feel that they've taken into account all relevant info before making the offer.

Thanks for the question - can you send me an email directly so we can continue the conversation there? sam@10xmanagement.com.

I look forward to hearing from you soon!

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