Hi prep lounge community,
I received an offer from McKinsey USA, but given my need for VISA sponsorship and the long delays and low approval rates for H1-B visas, it was decided that I'd be hired into a non-US office, and potentially transfer into the USA later. The possibility exists that I could stay in the new country permanently, assuming I like it there.
I just reviewed the new offer and it's significantly different from the US offer - lower in almost every category, in some cases, by a significant amount. I'm already taking a net pay cut, as I'm moving from a country where living expenses are significantly lower, and my salary will be about the same after taxes.
So, I know salaries are non-negotiable. I'm aware that career (and hence salary) progression is much faster than the industry I'm in, so I can get over that. But I was relying on the large signing bonus to somewhat offset that in years 1 and 2 until the first promotion, but the performanc and signing bonus in this offer I received from the other country are much lower. Anyone have experience negotiating those aspects of compensation, especially in a context where you already received an offer from a different country?
Thanks in advance for your help!
That's exactly what I came up with for the approach I'd take. Haven't done the specific math yet, but I will essentially compare 3 calculations, current earnings, offer 1, and offer 2, to view total financial compensation (since things like vacation and healthcare are pretty comparable and not the issue) to clearly explain the rationale. I'll come back and post an update after I get a response. The main contact is with HR. I'm assuming that's who I'm broaching this topic with, correct? That's who sent the offer and she said to let her know if I had questions. I assume this qualities.