Remaining in the UK - but negotiating salary with USA
#1
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Joined: Jun 2014
Posts: 1
Remaining in the UK - but negotiating salary with USA
hi guys,
I'm hoping there's someone here who can offer me some guidance!
I live and work in central London, working in digital Marketing.
I've recently been offered a role in a USA owned company that wants to expand into the UK. The role would be recruiting a team, establishing ways of working, establishing clients etc.
So, I'd really appreciate some guidance on what the package expectations would be. I'm provisionally thinking of asking for:
£125,000 - payable in GBP (too much? too little?)
Healthcare/Dental Car
Car/travel allowance
Bonus (of what??)
Equity share in company (? would this be considered 'normal' there? Any view on percentage - it's currently a small company and privately owned)
Pension contribution (of what?)
I just have no concept of what is normal for a US based company - I don't want to shock them/rub them up the wrong way at this stage in the game!
Any advice would be hugely appreciated.
Thanks
I'm hoping there's someone here who can offer me some guidance!
I live and work in central London, working in digital Marketing.
I've recently been offered a role in a USA owned company that wants to expand into the UK. The role would be recruiting a team, establishing ways of working, establishing clients etc.
So, I'd really appreciate some guidance on what the package expectations would be. I'm provisionally thinking of asking for:
£125,000 - payable in GBP (too much? too little?)
Healthcare/Dental Car
Car/travel allowance
Bonus (of what??)
Equity share in company (? would this be considered 'normal' there? Any view on percentage - it's currently a small company and privately owned)
Pension contribution (of what?)
I just have no concept of what is normal for a US based company - I don't want to shock them/rub them up the wrong way at this stage in the game!
Any advice would be hugely appreciated.
Thanks
#2
Re: Remaining in the UK - but negotiating salary with USA
If you intention is not to shock them, probably best for them to make you an offer and then you negotiate it - rather than hit them with a list of demands.
#3
Re: Remaining in the UK - but negotiating salary with USA
What's the going rate for this type of job?
Do some research and start with that.
Do some research and start with that.
#5
Re: Remaining in the UK - but negotiating salary with USA
Here, I did a little easy research for you.
http://www.glassdoor.com/Salaries/ne...15_KO14,39.htm
Around New York and Los Angeles the average salary for this is $75,000, @ 46,000 GBP, but can go as high as @ $115,000.
From my days in Adobe this would seem about right.
http://www.glassdoor.com/Salaries/ne...15_KO14,39.htm
Around New York and Los Angeles the average salary for this is $75,000, @ 46,000 GBP, but can go as high as @ $115,000.
From my days in Adobe this would seem about right.
Last edited by Hotscot; Jun 6th 2014 at 5:19 pm.
#6
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Joined: Mar 2008
Location: Santa Cruz, CA
Posts: 4,913
Re: Remaining in the UK - but negotiating salary with USA
Here, I did a little easy research for you.
http://www.glassdoor.com/Salaries/ne...15_KO14,39.htm
Around New York and Los Angeles the average salary for this is $75,000, @ 46,000 GBP, but can go as high as @ $115,000.
From my days in Adobe this would seem about right.
http://www.glassdoor.com/Salaries/ne...15_KO14,39.htm
Around New York and Los Angeles the average salary for this is $75,000, @ 46,000 GBP, but can go as high as @ $115,000.
From my days in Adobe this would seem about right.
I think that the OP needs to figure out in conjunction with his prospective employer what the plan is for the first 2 years or so along with what the criteria for success is along with discussing what his compensation plan looks like.
I can't tell whether, in 12 months time, the company just wants to have the OP and, perhaps. one other employee in the UK bringing in $X of revenue or whether he is supposed to the managing director of a business with 10 employees and plans to grow it to 50 within the following 2 years ...
#7
Re: Remaining in the UK - but negotiating salary with USA
Too true..not enough info. And maybe it's like the proverbial piece of string.
Presumably the company will make an offer based on the value to them?
Presumably the company will make an offer based on the value to them?
#8
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Joined: Mar 2004
Posts: 2
Re: Remaining in the UK - but negotiating salary with USA
What has the US going rate to do with it, he will be working in the UK.
#9
Re: Remaining in the UK - but negotiating salary with USA
Because the company may be of a mind to pay US rates, which are usually higher.
#10
Account Closed
Joined: Mar 2004
Posts: 2
Re: Remaining in the UK - but negotiating salary with USA
and give US holiday allowance?
All seems a stretch.
All seems a stretch.
#11
Re: Remaining in the UK - but negotiating salary with USA
Regardless, it is better being equipped with as much information as possible during negotiations.
#12
Re: Remaining in the UK - but negotiating salary with USA
The base salary figure the OP cited seems high to me. The US is very performance driven, so I would expect a lower base salary and a large bonus component. Say £50k plus performance related bonus to £100k, perhaps partially paid in advance, say upto £25k after six months.
With a small company the owner(s) might be less than kean to start promising ownership percentages, so cash bonuses, per above, might be more agreeable.
With a small company the owner(s) might be less than kean to start promising ownership percentages, so cash bonuses, per above, might be more agreeable.
#13
Re: Remaining in the UK - but negotiating salary with USA
The base salary figure the OP cited seems high to me. The US is very performance driven, so I would expect a lower base salary and a large bonus component. Say £50k plus performance related bonus to £100k, perhaps partially paid in advance, say upto £25k after six months.
With a small company the owner(s) might be less than kean to start promising ownership percentages, so cash bonuses, per above, might be more agreeable.
With a small company the owner(s) might be less than kean to start promising ownership percentages, so cash bonuses, per above, might be more agreeable.
The figure the OP's cited on the other hand, is the right sort of level for most senior management roles in London.
The tricky bit will be figuring out a happy compromise between a 'London salary', and a US start up one I guess.
#14
Re: Remaining in the UK - but negotiating salary with USA
It depends on the bonus element. PAs in London aren't offered 200% bonus schemes. I think bonuses in the US, under the "small start-up" scenario the OP described, are likely to be much larger than in the UK, and serve to avoid throwing a substantial salary at someone who may not perform. It would be better to pay £150k (£50k salary plus £100k bonus) to a successful manager than £125k to a failure.
Last edited by Pulaski; Jun 7th 2014 at 8:26 am.
#15
Re: Remaining in the UK - but negotiating salary with USA
It depends on the bonus element. PAs in London aren't offered 200% bonus schemes. I think bonuses in the US, under the "small start-up" scenario the OP described, are likely to be much larger than in the UK, and serve to avoid throwing a substantial salary at someone who may not perform. It would be better to pay £150k (£50k salary plus £100k bonus) to a successful manager than £125k to a failure.
PA's do get good bonuses too btw.