Michal Černáček’s Post

What should a mid-level software engineer be paid in 2024? What about an account executive in sales? In our latest article we've unveiled a snapshot of our salary benchmarking data for free, to give an insight into what a fair and competitive salary looks like in the European tech market today – including how factors like location 🌏 level 🪜 and company stage 🚀 impact what a typical salary looks like too. Read more ➡️ https://lnkd.in/ejGSECbU #salary #salarybenchmarking #compensation #tech #startrups #techtalent #techhiring

How to Answer the Salary Expectation Question Like a Pro Let's talk salary expectations – that question that can make even the coolest coder sweat. 1. Do your research Before applying, hit up sites like Levels.fyi or Glassdoor. These show average salaries for similar jobs in your area and experience level. Think of it as a salary compass, not a guarantee. 2. Show, don't tell When asked about pay, ditch the straight-up number. Instead, highlight your skills and experience, especially if they fit the job description. This subtly says, "Hey, I bring value!" For example, if the job asks for Python skills and you built a killer app with it, mention that! 3. Be flexible. New to the game? Show your hunger to learn! Say something like, "I'm more focused on finding the perfect fit where I can grow my skills. I'm open to discussing a competitive salary based on my experience and the job's responsibilities." 4. Think beyond the money Remember, companies offer more than just cash. Think health insurance, vacation time, or even stock options! A good benefits package can seriously boost your overall offer. If they push for a number, research provides your backup! You can say, "Based on what I found, similar positions pay [low end] to [high end]. I think that range is fair considering my skills and experience." The interview is a two-way street! Use it to see if the company's a good fit. Ask about learning opportunities, mentorship programs, or internal job changes. This shows you're as interested in them as they are in you. By focusing on your skills, flexibility, and genuine interest, you'll land a sweet compensation package that sets you on the techie fast track! Good luck out there, and if you have questions, hit me up – we're always on the lookout for awesome tech talent! #SalaryExpectation #Tech #Career #SoftwareDevelopers #ProductManagers

Try these 7 sites if you want to 2x your salary. 1/ RepVue Companies get scored based on peer feedback, know which companies are hitting their numbers (or not), see which tech sales jobs are paying from $60,000/yr. to $1,000,000/yr. 2/ Levels.fyi Detailed compensation data for different job levels, locations, and companies. They also highlight unique perks & benefits and assign a $ value to them (e.g. health insurance). 3/ Elpha Over 8,500 reported salaries, geared towards women in tech. It's also a community of women supporting each other in their careers, with discussions on salary, career advice, and more. 4/ Fishbowl They have several salary 'bowls' you can access for discussions on compensation, negotiations, and raises for your role/industry. 5/ Glassdoor Many of their written reviews are questionable, but I've always found their salary information and salary estimator tool helpful. 6/ Blind A community app that allows verified employees to anonymously discuss work-life challenges and comp in a forum. Users are grouped by company, industry, and topics. 7/ Prospect Use the same data as VCs to help you find the best startups to work for and understand what your equity is likely to be worth. A helpful way to find the next Nvidia or OpenAI before they break out. — When researching salaries, it's good to have multiple data points from multiple sources. That way you get a more accurate picture of the market rate for a role. ♻ Repost to help others know their worth And follow me for more posts like this.

Be Amazed. Be AMAZED. A secret tool to increase your salary or contract rate. Combines all the power of AI, to arrive at a combined $ value. Surprise yourself. Negotiating from the $ value downwards puts you in command. Today, we all negotiate from current salary / Contract rate upwards, puts organizations in command to dictate terms. combines all your #skills, abilities, uniqueness, cost of living, inflation, market conditions, hot skills, outdated skills, domain expertise, teamwork, roles and responsibilities, output driven culture, soft skills, certifications, #tech design/architecture understanding, team management, coding, testing abilities, #innovation /#creativity, 360 degree feedback from all your colleagues from current/previous companies infuses authenticity to your claims, emotional quotient, sales/marketing abilities, and works for all roles in #technology sector. Try TrueSelfy now. Be Amazed. Https://techworth.trueselfy.com Share this secret with your friends and colleagues who need a raise, need a job after #layoffs, who are underpaid, overpaid, or who you think deserve the best, or deserve more. Help them rediscover their TRUE SELF. works for over 7500 tech skills, 1000 mgmt akills and more than 30000 generic skills combined . #linkedin #india #software ##artificialintelligence #leadership

🌟 Exciting News! 🌟 We're thrilled to share the results of our 2024 Q2 Salary Survey, packed with valuable insights including: 📈 Confidence in the economy is on the rise 💼 Investment and hiring decisions are reaching levels not seen since 2020 🏆 Software and Cloud salaries continue to perform well despite salary pressures Discover how these trends could impact your career and business decisions. Stay ahead of the curve with our in-depth analysis! #hiring #tech #recruitment #careers #jobsearch

2024-05-22 AsSalam... 📢 The Cost of Delayed Recognition 📢 Dr. Joerg Storm sheds light on a critical issue that impacts employee morale and organizational success: delayed recognition. In 2022, countless promises were made—like assured salary hikes—that never materialized. This not only breeds frustration but also hampers productivity and loyalty. Recognition is more than just a reward; it's a powerful motivator. Timely acknowledgment of hard work and achievements fuels passion, innovation, and commitment. Don't let delayed recognition cost you your best talent. 🔹 Value your team. Celebrate their victories. Inspire continuous excellence. 🤓🤓🤓 #EmployeeRecognition #Leadership #Motivation #WorkplaceCulture #EmployeeEngagement #TimelyAppreciation #OrganizationalSuccess #Inspiration #HR #LeadershipMatters

🔢This Week’s Data-Diva Tip: Do NOT Give a Range When Stating Salary Requirements Before your first conversation with a recruiter, research the current market value of the job title on Salary.com, Linkedin, Payscale or Glassdoor. Look at the range, from high to low. You might need to look at variations on the job title, for example: Chief Innovation Officer or Senior Vice President, Research and Development. Typically the salaries listed will be BASE pay - that means that the number will not include benefits, bonuses, equity, etc. Pick a number within that range that is a bit of a stretch for you. I like to start from 30% above my client’s current base salary, then dial up or down from there based on experience, location, industry, size of organization, etc. How to Do it: When the recruiter asks your salary requirements, simply state this ONE number. Do NOT give a range. Why? Because you are worth the top of the range. State, I am looking for “$329,000”. And stop talking. You’ll have anchored yourself at a realistic market value. Negotiate from there. #money #jobs #recruiter

I Taught 100+ Junior Developers My Salary Negotiation Framework Step 1: Research market rates for your position using a tool like Levels FYI. Step 2: Try to get interviews at >1 company so you have more bargaining power. Step 3: Always be nice with the recruiters. Smile. Mention how grateful you are for the offer. Step 4: Ask for at least 10% increase. More if you have other offers on the table with high-salary. Step 5: Don't just focus on base salary. Negotiate for better benefits, stock options, or bonuses. Remember that negotiation is a normal part of the hiring process. Your job is to get the maximum you can reasonably get for yourself and your family. Do it in a genuine way. Both parties should win in this exchange. P.S. I created a list of 100 AI startups hiring developers. Get it for free here: https://lnkd.in/eex-T_a9

I posted recently about how salaries are still climbing at the top end of the market for hands on Software Engineers. Yesterday we took on 2x Senior roles paying $180K+Super+10% bonus, last week we took a re-brief for another Senior role with a salary increase to $180K+Super+ESOP. Don't get me wrong, it's still only really in that pocket of hands on Senior-Principal level Engineers (for now), but it's starting to feel very similar to some of the work we were doing during the post Covid boom. "We'll pay whatever just get me amazing people" "Not finding anyone good at all, what would another $10K-$20K get us?" "Happy to give a bonus if it'll get it over the line" All snippets of recent conversations with hiring managers... Something to just be aware of though is the trickle down effect. We took a Mid-Senior role on at $160K+Super+ESOP yesterday, and we also took on another Mid-Senior role up to that kind of level about 2 weeks ago. Maybe it's just 2 outliers with big budgets signed off, or maybe Senior is becoming too expensive, and that money is being chucked at the next best thing. Also - as a side note, if you can't run a near perfect process right now for those types of roles just give up, you are wasting your time.

Did you know? Most software personnel are bad negotiators. Mere 1LPA more in your starting salary will make you richer by 3cr when you retire in about 30 years. So, it is imperative that you negotiate your salary as early as possible in your career. TrueSelfy algorithm is here to help you achieve that. Https://techworth.trueselfy.com The only algo which creates a WIN-WIN-WIN combination for technology professionals, tech companies, technology service providers. It is the only algorithm that is for technoloy professionals (#productmanagement #projectmanagement #softwareengineering), made using #technology (#ai #tech #software #businessanalysis) , and by technology professionals (with more than 30 years of experience each, and collectively more than 150 years of diverse wisdom) Try it now when you are FREE. available for more than 100 cities across USA UK Australia India NewZealand Canada. #india #linkedin #hiring #jobseekers #jobseeker #hiring2024 #hiringimmediately