Salary Negotiation and Job Offer
Discussions after a successful interview process where the company extends a job offer, and the candidate negotiates salary, benefits, and other terms of employment.
Dialogue
Listen and follow along with the conversation
Vocabulary
Essential words and phrases from the dialogue
extend
To formally offer something, like a job offer. In job interviews, say 'extend an offer' to mean giving someone a job position.
base salary
The fixed annual pay before any bonuses or extras. It's the main part of your earnings in a job offer.
bonus
Extra money given on top of salary, often for good work. Common in negotiations to ask for a higher bonus.
stock options
The chance to buy company shares at a low price later. Useful in tech jobs; they can increase your total pay over time.
vesting
The process where you gradually gain full ownership of something like stock options, often over years. It encourages you to stay with the company.
PTO
Paid Time Off, meaning vacation days where you still get paid. 'Unlimited PTO' means no limit on vacation days.
negotiation
A discussion to agree on better terms, like salary. In interviews, it's polite to negotiate after an offer.
signing bonus
A one-time payment when you accept and sign the job contract. Use it to ask for more money to match your current pay.
compensation
Total pay package, including salary, bonuses, and benefits. Compare your 'current compensation' when negotiating.
bridge the gap
To fill or make up a difference, like between your current and new salary. It's a polite way to suggest extra pay.
Key Sentences
Important phrases to remember and practice
We're very pleased to extend a job offer for the Senior Software Engineer position.
This is a formal way to offer a job. Use it when giving an offer; 'extend' means to formally provide, and 'pleased' shows positive feeling. Useful for professional emails or calls.
Could you please walk me through the details of the offer?
A polite request for explanation. 'Walk me through' is an idiom meaning to explain step by step. Great for interviews to show interest without being pushy.
The base salary is $120,000 annually, with a 10% target bonus.
Describes pay structure clearly. 'Annually' means per year; 'target bonus' is the expected extra pay. Use this pattern to state offer details factually.
Regarding the base salary, is there any flexibility on that figure?
Starts negotiation politely. 'Regarding' means 'about'; 'flexibility' asks if it can change. Useful when discussing salary without being rude.
We might have a little room for negotiation on the signing bonus.
Shows possible compromise. 'Room for negotiation' means space to discuss changes. It's a common phrase in business to keep talks open.
Would it be possible to consider a signing bonus of $15,000 to help bridge that gap?
A specific negotiation request. 'Would it be possible' is polite for suggestions; 'bridge that gap' means to cover the difference. Use in salary talks to propose numbers.
Let me discuss that with the team, and I'll get back to you.
Buys time in negotiations. 'Get back to you' means contact later. It's professional and shows you're considering their request seriously.
When can I expect to hear back regarding the signing bonus?
Asks for a timeline politely. 'Expect to hear back' means when to wait for a reply. Useful to keep the process moving in job offers.