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by TrickzOnU
3669 days ago
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Let me share my horror story -- I fell for a company that offered me the same salary (no raise despite big promotion.) Then, he (Division CTO of Fortune 500 medical company) started subtracting salary from this baseline for all my "benefits" like free shuttles, 401k matching, etc. I was supposed to take the lower wage in exchange for amazing work, 3 fully paid conferences a year, yada yadda. Two months into joining, the shuttle went from free to paid. Ouch. Then, the manager expected me to stay late 3x a week, which meant i could not even take the shuttle 3x a week, and instead have to take a taxi. Still not enough salary to buy a car + insurance + parking. Then policy changed and 401k match disappeared. Finally, policy changed and all conference reimbursements ended. Final blow -- my PDP is tied to 3 conference posters a year, so i pay out of pocket for travel/registration/hotel. By the way, the work is great, but i'm paying so much out of pocket that i'm getting the hell out of there. Sucks for me. Sucks for the manager too -- I spend half the day now doing eLance projects. |
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Another common one to look out for is 'projected bonus'. Where you find out that you make 1/2 of what you thought you agreed to, but the manager says "Making that much is up to you! You could make that number with bonus" (if you hit your ultra stretch goals that the company could change at any time).
These are both reasons to insist on an offer letter with the salary figure clearly stated. Also pay attention to the background of a hiring manager. This kind of BS mostly comes from people who were previously in a sales role.