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guachapori
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Joined: 06 Feb 2006
Online Status: Offline
Posts: 84

Posted: 09 Jul 2011 at 22:01 \| IP Logged

Hello Everyone,

I work for Bank of America was offered an internal transfer as Senior Compliance Specialist . The base salary offered was a non-negotiable $72k . However, the median base salary indicated in salary.com for the same position (and same location, Los Angeles, CA) is $75k. So I contacted HR with the salary.com results and countered the offer by asking for a base salary between $75-$80k.

HR contacted me with another salary offer (still for the same position) for $73,500, plus a title promotion as an Assistant Vice President. I thought the Sr. position was underpaid and think the AVP position is even waaaay more underpaid.

Here's the dilemma: I do not like my current job anymore, but I think the potential new job is way underpaid. Also, it has taken several weeks to negotiate the $73,500 and I am concerned about burning bridges if i negotiate with HR and my potential new group one more time.

Is re-negotiating a second time too much or should I just decline/accept the position? I would've not written this message if i had a clear final decision made. However, my tendency is to decline as I feel B of A's HR department does not pay in accordance to market but by previous salary.

I would sincerely appreciate any feedback or advise to assist on my final decision.

Thanks and best regards,

hpforester
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Joined: 29 Apr 2011
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Posts: 14

Posted: 09 Jul 2011 at 22:28 \| IP Logged

Are you serious? You are fighting over couple thousand per year and that's your big dilemma? How much does that net out after taxes? Accept that offer and start sending out resumes. Obviously they're giving you a title promotion so take it. If you feel you are underpaid, you should be able to make a lot more elsewhere and more than couple grand.

guachapori
Contributor

Joined: 06 Feb 2006
Online Status: Offline
Posts: 84

Posted: 10 Jul 2011 at 00:31 \| IP Logged

hpforester:

I actually finished interviewing with another company...just waiting for their follow up. Btw...thx for your time in replying to my message!

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