Hello!
First off let me say sorry for the long post.
I've just been offered a Regional Marketing Manager position with a multinational company that has over 20,000 employees worldwide. The position is considered associate level. I am preparing my counteroffer and definitely want to include relocation assistance, but also am hoping for suggestions/advice from anyone. When I first interviewed with the person who will be my boss he mentioned that I would be given a relocation package, but was not offered to me in my award letter. I've searched on Salary.com, Payscale, Ambition, Glassdoor, Hudson and a few other resources for Regional Marketing Manager salaries in HK but all of the ranges seem to vary greatly. I've seen as low as HKD $22k/month all the way up to HKD $95k+/month. I just want to make sure that when I counter I am being reasonable in what I am asking for. In addition to salary increase and relocation what other things should I negotiate?
My current offer:
- HKD $38,000 (Monthly Gross Salary)
- Rental Reimbursement (Amount not stated on contract)
- Annual Wage Supplement (a.k.a. 13th month salary)
- Medical, Accidental & Death Insurance
- Retirement Plan
- Variable Bonus Plan
- Stock Purchase (5% discounted rate)
*So that you are better able to gauge your suggestions I will provide you with a little background. I am 25 and from the US with a Bachelors (BBA) degree in Marketing. I have about 6 six years of working experience both domestically (US) and internationally (Republic of Georgia and a brief stint in Beijing and Shanghai). I was referred to the position by a friend/employee who works for one of the company's US offices. When interviewing I was told that this position is typically suited for someone with 10+ years of experience. So given this reason I know that it would absolutely ridiculous of me to ask for something like HKD $90k/month.
Any suggestions are greatly welcomed and if you need more info about myself or the position please feel free to ask.