Career AdviceDecember 28, 2024 · 7 min read

Negotiating Your Tech Offer in Toronto

A practical framework for evaluating and negotiating compensation packages at Toronto tech companies.

SStem Connect TeamStem Connect

You've got the offer. Now what? Here's how to approach negotiation with confidence.

Evaluate the Full Package

Don't fixate on base salary alone. Consider:

  • Equity: Stock options or RSUs? What's the vesting schedule? What's the strike price or grant value?
  • Bonus: Guaranteed or discretionary? What's typical payout?
  • Benefits: Health/dental coverage, RRSP matching, parental leave
  • Perks: Learning budget, equipment, remote flexibility
  • Growth: What does the next role look like? Timeline?

Know Your Numbers

Before negotiating, know:

  • Your current total compensation
  • Market rate for the role (use our salary guide)
  • Your BATNA (best alternative)
  • Your target and walk-away numbers

The Conversation

Don't negotiate over email: Ask for a call to discuss the offer. Tone matters.

Lead with enthusiasm: "I'm excited about this opportunity and want to make this work."

Be specific: "Based on my research and experience, I was expecting base salary closer to $X."

Focus on one or two things: Don't negotiate every line item. Choose what matters most.

Give reasons: Justify your ask with market data or specific experience.

What's Negotiable

Almost always:

  • Base salary
  • Signing bonus
  • Start date
  • Equipment/setup

Sometimes:

  • Equity (especially at startups)
  • Title
  • Remote flexibility

Rarely:

  • Benefits (company-wide policies)
  • Vacation (standardized)

If They Say No

Ask what would need to change for them to revisit compensation in 6 months. Get it in writing if possible.

Remember: They want you to accept. Negotiation is expected. A reasonable ask delivered professionally will never cost you the offer.

NegotiationCompensationCareerToronto

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