Work for US company from abroad, how to deal with exchange rates?

Question

I've got an offer from a US company and I'm abroad. The offer came a few days ago when the exchange rate was more favorable, would it be normal to negotiate a higher salary given the lower exchange rate? Anyone else have experience doing this?

mytailorisrich · Accepted Answer

Exchange rates change all the time. You can't ask to renegotiate weekly because the exchange rate has changed by a few percentage points, and you need to accept that the company will probably not care (until perhaps you have worked there long enough and they want to keep you). Would you be happy if they tried to renegotiate if the exchange rate went the other way?IMHO, when you look for work like this and assess an offer you need to ask yourself how much the exchange rate would need to change for you to quit, how likely it is to happen, and how to plan and prepare for it. You should also perhaps assess whether the exchange rate is currently on the "low" or "high" side. But, again, you need to accept +/-10% as unavoidable over any given year.

CloudNetPro · Answer

It depends.Would you like to protect yourself against the dollar tanking down? or would you like to take advantage of a potential dollar recovery?Either way, in salary negotiations: Ask as much as you can get away with.If you just want stability then negotiate your salary in your local currency (but if it gets too expensive you may be let go anyway)Anyway, more than anything take into account all the taxes you'll have to pay locally.