Home / Salary & Bonus

Submitting… Bounty 5 points

How do you actually negotiate a higher salary at a local SME?

Got a verbal job offer from a local SME but the number is a bit below my expectation. MNCs have clear bands but SMEs feel more ad hoc. Has anyone successfully negotiated up at a smaller local company without the offer being withdrawn?
Anonymous asker ·Asked on 2 hours ago ·0 views ·2 answers

2 contributors answered

negotiator_ah_beng Beginner First-hand experience
Negotiated up about 12 percent at a local SME last year. The trick with SMEs is they're less rigid but also more personal, so frame it right. I didn't demand, I said I was very keen to join and asked if there was flexibility given my specific experience that maps directly to their pain points. Come with market data, MyCareersFuture and salary guides help. Also SMEs sometimes can't move on base but will throw in extra AWS, more leave, or a review in 6 months, so negotiate the whole package. Worst case they say no and you still have the original offer. They rarely withdraw over a polite ask. Just don't lowball them with a crazy counter.
sme_hr_insider Beginner First-hand experience
I work in HR at an SME so let me give you the other side. We expect some negotiation and usually leave a small buffer, so asking is normal and won't offend us. What kills a negotiation is arrogance or unrealistic numbers with no justification. Show us why you're worth more with concrete achievements. Also understand SME cash flow is tighter than MNCs, so if we genuinely can't budge on base, we're not lying, ask for non-cash perks instead like flexi hours or training budget. Get any agreed increase or review promise in writing in the offer letter, verbal promises at small companies sometimes evaporate. Protect yourself on paper.

Answer this

or Log in Answer with your account and build reputation.

Related questions

6
Salary & Bonus 5 answers Solved

Got job offer 6.5k but current company counter-offer 7.2k, should I stay Singapore?

Working in a local SME as a marketing exec for almost 4 years, drawing 5.8k. Got an offer …

8,781 views
2
Salary & Bonus 5 answers Solved

What's it like negotiating a counter-offer after you already resigned in SG? Is it worth staying?

I handed in my resignation for a fintech role in Raffles Place, then my current manager su…

217 views
29
Salary & Bonus 5 answers Solved

Is it really worth job-hopping every 2 years just to bump your salary in Singapore?

My peers keep telling me the fastest way to increase pay is to switch companies every 2 to…

218 views
2
Salary & Bonus 5 answers Solved

Is chasing a fat year-end bonus actually worth staying in a toxic company for?

My company is quite toxic, micromanaging boss, long hours, but the bonus historically is 4…

7,349 views
3
Salary & Bonus 4 answers Solved

How does the bonus system work in Singapore?

I'm trying to understand how the bonus system works in Singapore and how it affects my tak…

714 views
1
Salary & Bonus 4 answers Solved

What is the average salary range for a software engineer in Singapore?

I'm considering a career switch to software engineering and I want to know what kind of sa…

653 views