We Love Animals
Lifestyle

26-Year-Old Engineer Revealed The Secret To Negotiate A Salary Of $5,000 Higher Than The Original

Making use of information power, 26-year-old engineer Nishant Parepalli successfully negotiated a salary higher than the original $5,000.

Source: CNBC

Born and raised in India, Nishant Parepalli, 26, studied for a master’s degree in telecommunications in the US. In 2019, he started working as an application engineer in the Bay Area, earning $90,000/year. In the past, he was satisfied with some of the benefits from working in Silicon Valley, including free lunches, company shares and large bonuses.

However, due to the COVID-19 pandemic, Nishant Parepalli can no longer enjoy these privileges. Therefore, he gradually felt bored with his work and started looking for a new direction. He took up coding in his spare time, with the intention of becoming a software engineer. After finishing school, the 26-year-old applied for software engineer at a global electronics manufacturer.

It is known that the Indian-born turned down a job with an annual salary of $115,000. He used the information from this job to find new jobs and negotiate. Finally, he is working somewhere else with a salary of $120,000 per year with several other benefits. So how did Nishant do it?

Consult future colleagues about salary

Source: Getty Images

Initially, Nishant received a job offer with a suggested yearly salary of $115,000 along with a number of benefits. Although the salary was higher than what he had received, Nishant did not immediately accept; instead, he emailed some people in the company.

He recalls: “They weren’t from the HR department; rather, they were in the department I applied. When interviewing me, they told me to contact them should I have any questions. Therefore, when I was offered a salary of $115,000/year, I came up with the idea to ask them for the average salary that I could negotiate and even questioned their current salary.”

Although the company was always willing to increase the salary of employees with good performance, Parepalli decided to apply for a different job. With the salary and information he has exploited, Parepalli successfully negotiated an annual salary of $120,000 USD at his new company, not to mention better benefits. He was also given an additional $10,000 by the company to move from the Bay Area to San Diego.

Financial transparency

Source: Getty Images

Parepalli said he was always transparent and clearly discussed with his colleagues about salary and bonuses to know his worth. He also considered this a good way to continuously improve his skills and better himself to get a pay raise or even promotion.

The 26-year-old said: “I often discuss about compensation and personal finances with colleagues at the coffee shop or during my lunch break. I also frequently ask older colleagues for advice on how to manage money. Some of my colleagues who already owned a house enthusiastically showed me what to pay special attention during the transaction. In general, I found the company really transparent about salary and my colleagues were also very open about money issues. For me, that’s a good thing.”

Basically, the engineer’s salary is higher than the average level in the market and his experience. Currently, he has enough to cover his living expenses and basic needs with a salary of $120,000 year, but the Indian-born hasn’t felt enough. He thinks that he can yet save or invest more, so he must try harder to get a raise when accumulating more experience.

H/T: CNBC

Related posts

Medieval Bollock Dagger – Kidney Dagger Found In Belgium

Larry

Rhodope Skull: Evidence Of Extraterrestrials On Earth?

Larry

All Known Civilizations On Earth Were Anteceded By A Mysterious Ancient Civilization

Larry

Dogon – The Mysterious Tribe That Are Descendants Of Aliens Existing On Earth

Larry

NASA Captures Evidence Of The Planet That Looks Like Earth 2 Billion Years Ago

Larry

Capture The Hilarious And Cute Moments Of A Cancer Woman

Margot Nolan

Even Though Brodie Got His Face Disfigured and Partially Blind As A Baby By His Mother, Today He’s Trained To Become A Therapy Dog

Carolyn Mullet

Elon Musk And The Boundless Inspiration For Young Technophile

Larry

Get To Know Aquarius Through Their Daily Moments

Margot Nolan

Fire Signs – Guys Are As Hot As Fire, Proving In 15 Hilarious Memes

Margot Nolan

Young Boy Fights With Vicious Dogs To Protect His Siblings

Susanna

Cat Sees His Late Owner’s Photo In The Phone And His Reaction Is Absolutely Heartwarming

Carolyn Mullet

Rescued Cat Now Becomes A Rescue Cat

Carolyn Mullet

Admire Hilarious Memes That Describe A Virgo When Drunk

Margot Nolan

Stunning Disney Paper Artworks You Will Surely Adore

Olivia

The Moment An Ancient Greek Masterpiece Was Discovered At Delphi in 1984

Larry

This is what people looking for in 2021 – “ways to heal”, according to Google search

Jonathan

20 Clues To Identify When Zodiac Signs Are Trying To Be Nice

Margot Nolan

How Each Zodiac Sign Handles Money, That’ll Be Revealed In 15 Funny Memes

Margot Nolan

‘World’s Loneliest Home’ On A Deserted Island

Larry

Scared Shelter Puppy Hugged Her Best Friend Before They Were Put Down, Then A Miracle Happened

Carolyn Mullet

Strange Sea Phenomenon Occurring For Centuries Still Hasn’t Been Explained By Scientists

Larry

Leukemia-Fighting Boy Broke Down In Tears After Hearing His Beloved Late Grandfather’s Voice In A Toy Bear

Margot Nolan

Cat Finds Its Way Home After 7 Years… The Heartwarming Reunion Brought Tears To My Eyes

Carolyn Mullet

Read Zodiac Signs’ Personality Through Emojis…Have You Tried?

Margot Nolan

“Your Kid Is Naked In Your Window:” Neighbor Sends Mom A Pic Of Her 2-Year-Old Boy, And Their Exchange Is Hilarious

Carolyn Mullet

My Dad Keeps Mowing My Mom’s Lawn Even Though They’ve Been Divorced for 28 Years

Carolyn Mullet

Lost Toddler With Autism Found Safe In Care And Protection Of Family Dogs

Carolyn Mullet

Cat Lost Her Best Friend Due To Cancer, So Her Owners Let Her Say “GOODBYE”

Carolyn Mullet

Hilarious Drunk Moments Of Zodiac Signs

Margot Nolan

10+ Most Relatable Memes When You Want To Date A Scorpio

Annie

Satellite Images Revealed Possible Underground Base Entrances Near Area 51

Larry

20 Taurus Memes That Perfectly Describe Their Passion For Little Luxuries

Olivia

15 Funny Moments Of Libras In A Relationship

Margot Nolan

Why It’s Hard To Capture An Aquarius? The Answer Is In These Memes

Margot Nolan

15+ Memes That Will Make Every Libra Say “OMG Me”

Carolyn Mullet

13 Hilarious Memes For People Dating A Leo

Margot Nolan

Japanese Mom Creates Cute Disney Meals That Will Make You Go “Awww”

Olivia

Funny Ways That 12 Zodiac Signs Cope With Stress

Margot Nolan

20+ Latina Moms Before And After Saying “I Don’t Want A Dog”

Carolyn Mullet

Women Of The Zodiac Through 12 Interesting Disney Memes

Olivia

No One Can Ignore A Cute Cancerian Like This, Shown In 15 Interesting Memes

Margot Nolan