Here's a non-exhaustive list of all the other things you can negotiate:<p>- Performance-based compensation (commission, etc.)<p>- Ownership (equity)<p>- Days off<p>- Role title<p>- Travel, gym, and food stipends<p>- Timeline to promotion (contingent on certain success criteria)<p>- Role responsibilities<p>- Coaching opportunities with an exec on a topic of interest<p>And so much more…
Equity is the only thing after wage comp that matters I'd argue, because end of the day all those other things are meaningless. When the business decides it is time to cut costs and people, your equity is the only thing shielding you. Equity will determine if its worth putting up with the BS/stress/etc. that could arise. If you're not in a position of significant equity (multiples of your wages you're comfortable with), then I'd argue it makes no sense unless you are okay making bad financial decisions when you could earn more to pay for those other things by going somewhere else.
People do negotiate commissions, equity and bonuses but if these things aren't part of the package at all, the company isn't going to change their process just for you.<p>Other items on your list (travel, gym, food) are easily paid for with money and the absolute value is quite low so you're just overcomplicating the conversation for close to no benefit.<p>The coaching opportunities with an exec point sounds like something from a motivational instagram post. It seems really out of touch but that's just me.<p>So what's left - days off, title, earlier review, responsibilities?
Depends on the company (size, structure, etc.) whether any of those are negotiable, but certainly worth considering. Also, learning stipends for books, courses, conferences, etc. are useful.
Every thing on this list is BS except Equity .. and make sure you pay attention to the fine print. OP is probably an HR shill.<p>>>>Coaching opportunities with an exec on a topic of interest<p>In place of actual money? That is nuts. The sad thing is that several young people will fall for this.
Interesting that an employee would think to negotiate for free gym. I always assumed that's something employer offered for their own good for healthier workforce and cheaper health insurance. Why negotiate for it rather than a extra 30$ a month?
Always equity.<p>But to add to your list of ideas: New one in remote work a WeWork membership or some sort of coworking office space membership just to get out of the house.
this is a thoughtful list, especially if you are early in your career.
money is not everything, access+sponsor+mentors can get expedite your progress which ultimately translates into more money.