Negotiation Example

On the following page is an example of the various components of a job offer, each of the components could be considered for inclusion in the negotiation:

Components Target Level Initial Offer Negotiated Offer
1. Base salary £47,280 £50,000 £55,000
2. Bonus 10%: £4,728 No bonus No bonus
3. Total £52,008 £50,000 £55,000
4. Salary increase   1 year – average 4% 1 year
5. Private health insurance £100 per month None None
6. Pension 15% 10% 10%
7. Training fees 100% if work related 100% after a 6 month wait 100% with the wait waived
8. Expenses Usual and customary Usual and customary Usual and customary
9. Equipment Phone Laptop, no phone Laptop and phone
10. Professional fees Fees paid by company Fees not paid Fees paid
11. Relocation N/A Household goods
1 month temporary living
2 house-hunting trips
Household goods
1 month temporary living
2 house-hunting trips
Closing costs
1 month extra pay
Option for bridge loan