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You mentioned its a corporate job....
you need to look at and understand the total compensation offered..
Sounds like they came in at the minimum salary that you asked...You could say thank you, thats a good offer but I was expecting more...negotiate in a professional way..."thank you, this is a fair offer. I did expect better compensation ( best to be specific and negotiate what is negatiable....)...especially the salary. Is there any room in the budget to bring the salary in line with my experience and skills?
Hiring bonus can be negotiable as well....
if asked be prepared to give them a number...be prepared for them to meet it, increase their offer but not meet it and be prepared for them to not do anything....
as for 401K, their match is their match...You have little to no negotiation there...i say this based on 30 years working in IT...in my exp 6% match is the norm...many places offer 3 and 4...
Bonus in my exp is based on grade level which oftentimes matches to title....prolly little room there...except bigger salary = bigger bonus
stock option?....in my exp most companies have gone away with ISO's and now use RSU's...presuming you're not a VP or higher...again they match to grade/title...HOWEVER, you can negotiate for your initial grant to be increased...future grants will tie to grade/title BUT your mgr can give you more if you are a hi performing Employee..
Vacation could be negotiable...
you should reach out to the other company and let them know a a "professional courtesy" that you have an offer in hand but are still interested in continuing the interview\hiring process with them.
Thanks for all the info. There is one thing I didn't mention earlier b/c I didn't think it would matter b/c it's not a felony but I have misdemeanor "wet reckless" on my record from about 3 years ago after a DUI arrest. I wasn't actually driving. I was sleeping in my car b/c of an argument at home but my car was running b/c it was cold out. Cops woke me up and gave me DUI, lawyer got me a wet reckless.
So ya, I don't even know if they'll rescind their offer to me and I'm not sure when to bring this up to them. Do I sign the offer letter first. Do I bring it up during negotiations? I agree 401k is locked in. They don't offer it to anyone.
Stock options are purchased, not granted. I may push for more optoins or more granted options and see what that vacation is if I can get another week or something. OR given my background check that's going to come up, I sign the offer as quickly as possible and be thankful....heh.
DEfintely letting the other company know as professional courtesy though. They've been good so far and I don't want to just disappear on them.
I also have intereviews with 2 other companies but they are first rounds. Not sure if I should even do the interviews until my background check comes back or if I should push them off for now.