It depends on how busy the dealership is, but you can expect anywhere from 3 business days to a couple of weeks to get your offer. When negotiating a job offer, you want to walk away with more than you had. Finally, 2,375 out of 166-250k per month is about 1 to 1.4%. Salary negotiation email samples and a counter offer letter template. Be specific and bring evidence if possible. SUGGESTED ANSWER "I want to work for Tesla for the simple reason it is a fast-moving organization that is constantly changing and improving. What are your salary requirements? They contact you and then cancel the position. Need help determining your counter offer amount? Summary. Give yourself time to both understand all aspects of the offer and come up with a negotiating strategy based on what you've . The brief phase of the negotiation between the time you get a job offer and when you make your counter offer sets the table for the entire salary negotiation and will have a substantial impact on your final compensation. Tesla is getting more and more popular as time goes by, and so theyre getting more and more qualified candidates applying for their jobs. In the 2nd round with the managers, candidates for technical roles will have a mix of behavioral and interview questions. Advice Negotiating Tesla Job Offer Am considering for manager role with Tesla in Bay Area (operations function) and would like to solicit comp package negotiation advice from current or former Tesla employees on the board -- roughly how much money do managers typically make? Fotini Iconomopolous, a negotiation coach and author of the forthcoming book Say Less, Get More, emphasized the importance of personal outreach. In MBA recruitment, more companies are using exploding offers or sliding-scale signing bonuses based on when a candidate accepts the job, complicating attempts to compare offers. Then youll learn whether the best way to negotiate your job offer is through email or on the phone. Tesla: Barely 24 hours after a group of software workers at a Tesla factory in Buffalo issued a letter declaring their intention to unionize, firings began. The recruiter (@vroom) is totally right. Dont lie or try too hard to please, lest you lose your leverage. A "walk away" number is very tough for many PhDs to identify and then stick to. But job market complexity creates opportunities for people who can skillfully negotiate the terms and conditions of employment. Instead you might say, I can see how that might be difficult, given where we are today. And if you cant be patient, dont call up in frustration or anger; better to start by asking for a clarification on timing and whether theres anything you can do to help move things along. Recruiter here. The first type of questions are behavioral, and everyone will get these. The anchoror the first number put on the tableis the most important in negotiation, since it's what the rest of the conversation is based off of. It doesnt matter if youre negotiating a job offer or trying to wriggle in benefits during a performance appraisal know that there is almost always more up for grabs. I've been given a written job offer after passing all the interview process successfully. Pay offered may vary . Ive seen early career professionals who think that they have a lack of leverage accept low pay or conditions that leave them little trajectory for growth, Dr. Shira Mor, an executive educator at Mona Lisa Consulting, told me. (and more). Your duties, responsibilities, job title, and work location may be changed at any time by Tesla. Eventually, the negotiation will move to the phone, but its best to negotiate over email as long as you can because its easier to manage the process and avoid mistakes. In general, I dont think thats a good tactic. Each of these situations is difficult in its own wayand emblematic of how complex job negotiations can be. I think in your case, you should be able to get some movement in both. If it's too low, you'll end up with a lower final offer than you probably want. I have a strong technical writing background and can both create and delegate the creation of good collateral quickly and efficiently. You also get paid vacation time every year, but that doesnt tend to affect your raises or bonuses. The length of the process will usually depend on the ability and availability of the hiring team. <span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span> <span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span> People dont like being told Do this or else. So avoid giving ultimatums. Learn the trade secrets and 'uncommon common sense' of Attorney Alan L. Sklover, the leading authority on "Negotiating for Yourself at Work." For starters, it is not a dealership. Make certain that the size of your initial option grant is clearly stated in your offer letter and in a separate stock option agreement. For this approach to work, add up the value of the entire package, not just the annual wage. I tell you this because I myself work as an engineer at Engre.co and we hired new engineers and conducted research among all candidates. If you dont like the question, dont assume the worst. The typical way is to tailor your resume to the job position, but you can also figure out the recruiter for the desired role, and reach out on LinkedIn. Once you can read it aloud and it makes sense, youre all set. Therefore, once you get to the in-person interview rounds, your chances of getting hired are about 8.33% (1 out of 12 candidates). Those selected for a phone screen are picked among a few, usually about 10% of those who applied. It doesn't really matter why - because of the need to meet hiring goals and close the position as soon as possible, or because you yourself have performed surprisingly well. But they still may not give it to you. Those who are unemployed, or whose current job seems shaky, have seen their bargaining power further reduced. But the more strongly you play that hand, the more they may think that theyre not going to get you anyway, so why bother jumping through hoops? Could you do something about it? and then, once shes worked on it, come back with Thanks. If you want to consider multiple jobs, its useful to have all your offers arrive close together. For quick access to screen reading technology compatible with this site, download a free compatible screen reader (view the free step-by-step tutorial). Tesla interns tackle hands-on projects and design challenges, constantly upending conventions and pushing boundaries. When you put it this way, it affirms that you want to work for the organization, you're comfortable with the negotiation process and that you have confidence in the ability to find common . Keep in mind that Tesla doesnt typically reply to applications that arent a good fit. Say Employee A negotiated his salary from $100,000 to $107,600 (a 7.6% increase). It will involve some basic coding and should last about 30 minutes for most entry-level positions. To make the strongest argument I'm trying to have as much information at my disposal. Its a very short callusually only 35 minuteswhere theyll respond to your counter offer and youll hash out all the final details of your compensation package. Creating space to connect over shared interests and goals, our ERG network supports a diverse, inclusive workplace. Tell the recruiter or hiring manager that you're interested in some mutually agreeable changes to ensure you're on the same page before the final offer. But the best reason to negotiate is that you could literally be leaving money on the table if you dont test the company to see if theres room to negotiate. The application process usually starts with you sending in your application through the Tesla website. ), it might help to send a short email to touch base, move your negotiation to the top of their list, and make sure you didnt miss an email or phone call at some point. It frequently comes back to harm you, but even if it doesnt, its unethical. Most recruiters are communicating with several candidates at any given time. If you have thought in advance about how to answer difficult questions, you probably wont forfeit one of those objectives. During the pandemic, many of us have had more time than usual to think about how satisfied we are with our jobs and our careers, maybe because of a layoff, reduced workload, or the lack of a commute. In other words, what do you want to be paid for . Under $100k base for 2.5yrs of experience in the Bay Area is far below market (for those outside of the area, I know this must sound pretentious or like crocodile tears - sorry about that) and will be tough to have a comfortable life. You can ask for more than a higher salary. Some of the links on my blog are affiliate links that may provide me with a small commission at no cost to you. Tesla pays below market for the tech industry, so it may be a good idea to negotiate. . If someone tells you, Well never do this, dont dwell on it or make her repeat it. How to Negotiate Salary: Asking for More Money After a Job Offer | Indeed Indeed 369K subscribers 4.7K 425K views 3 years ago #salarynegotiation #salary #salarynegotiationtips Explore. <br>Creatively source high-calibre candidates by leveraging recruiting . If you followed the recommendations in this letter, your interlocutors still do not know anything about the salary that suits you - and this may play into your hands. Then youll get a detailed example of a counter offer letter along with a simple process to build your case and write your own counter offer email. Job Offer Negotiation Tips Address the email to the person that offered you the job Show praise and thanks for getting the job Include enthusiasm and excitement for the position BE CONFIDENT (even if you don't quite feel it) Check out how much your job is worth and what other companies are paying. There's no competent recruiter that wants any part of low balling you. Zoox, Go to company page Because of this, I decided to create this website to help others! Try to show yourself as good as possible, because you still cannot influence the goals of the company and its inner kitchen. Youre literally playing The Telephone Game with your salary negotiation, miscommunications during a salary negotiation arent nearly as funny. The requirements for a typical Tesla position are usually known, but the recruiters and hiring managers are a bit more difficult to find out. Yes, negotiating will give you the best opportunity to get other additional benefits like vacation time or signing bonuses. Create an account to follow your favorite communities and start taking part in conversations. Theyll almost certainly say, Sure! If you havent already set your next meeting time or discussed other next steps, be sure to ask about them. Six months in, youll probably be in a better position to persuade him that youll work conscientiously away from the office. I would be more comfortable if we can settle on $56,000. is a good way to phrase your counter offer. Below is an example of a salary negotiation letter format. If they shut you down, reply in a non-defensive way, such as, Oh, thats interesting. Chinese Stocks Rebound After Terrible Month on Upbeat Data. I've been working with [Partner Company] for over two and a half years, and have experience with many of their partnership managers and leadership team. For several years I have been offering a presentation on the topic to current students. Fellow alumni may be willing to help you practice your negotiation skills and can recommend others whod be relevant for you to chat with as well. Teslas recruiting process can take anywhere from three weeks to three months depending on the HR team, and its usually at least 3 weeks before you can get a verbal offer. For example, if you want to delay an offer, you might ask for a later second- or third-round interview. Job offers are frequently negotiable. My personal approach when at the receiving end of an ultimatum is to simply ignore it, because at some point the person who gave it might realize that it could scuttle the deal and will want to take it back. When negotiating a job offer, you want to walk away with more than you had. Do you mind if I take a couple of days to consider your offer and discuss this opportunity with my family? Thank you for extending an offer. The next step is to determine what the other person cares about. A professional salary negotiator shows you how to counter offer with a salary negotiation email template once you have a job offer. The representative can be someone from HR, a hiring manager, or a department manager. These and other guidelines can help you attain the terms and conditions of employment you want. For instance, if an employer requires you to work weekends or is only willing to offer you minimum paid time off (PTO) and that will cause serious complications for you its what Mor calls a no-go, or an indicator that its time to walk away. Out of those 12, one person will get hired to a particular position. This was my moment to ask for exactly what I wanted. Although negotiation isn't encouraged in such situations, it isn't forbidden. Thanks for your time, and I look forward to talking with you on Monday morning at 10:30 ET! Yes, negotiating your starting salary is a good way to get paid what youre worth. CC: Katherine Thompson <[emailprotected]> [recruiters manager] But if youre far enough along in the process, these people like you and want to continue liking you. When they need further approval, you need to make it as easy as possible for them to make a strong case to justify the additional salary. A version of this article appeared in the, the salary is lower than you think you deserve. Many job candidates have been hit with difficult questions they were hoping not to face: Do you have any other offers? But, it is the basis for your entire negotiation strategy. Knowing what you are and arent willing to compromise. Five salary negotiation tips everyone can use to negotiate starting salary, Five salary negotiation tips that everyone can use to negotiate starting salary, Are you sure you want to accept that job offer? Tesla. For some teams, they only talk to a small percentage of applicants, while for others they only talk to those they poach themselves, such as the Autopilot AI team. You'll be working with some smart folks! Take a look at levels.fyi , which contains thousands of data points about the levels and salaries of developers (mainly from foreign companies) - they will also be useful to compare the demand and remuneration of different specializations. Your job offer will probably be of the informal variety, and youll either be told the details on a phone call with a hiring manager or recruiter, or the details will be emailed to you. One of the strongest stand-points for post-job offer negotiations is any financial implications of you taking up the role. Right now, the job market is tipped toward the job seeker, not the employer. A delay in getting an offer letter may just mean that youre not the only concern the hiring manager has in life. But! After one or two sentences, it should be pretty obvious that this is a long list of compelling reasons that youre a good fit for the company. If youve gotten a lowball job offer, its possible you wont be able to salvage it, and you may end up simply telling the company what your minimum requirements are to see if they can meet them. Tesla is an Equal Opportunity / Affirmative Action employer committed to diversity in the workplace. You fill out a bunch of information on their site and include photos of your trade. You've passed the interview, the company does not want to lose you (it's expensive to find good people), and the recruiter is tasked with closing the deal with you. This will help you set expectations, and get in some practice. They push back, dig their heels in.. Give and take. Negotiators can typically avoid these pitfalls by evaluating (for example, in practice interviews with friends) how others are likely to perceive their approach. Ive changed the names and numbers, but otherwise its copied and pasted from my Sent email folder. If you accept the verbal offer, youll receive an official offer letter once your background check clears. The interview process at Tesla for a typical engineering position usually takes from two weeks to a month, but can sometimes stretch depending on the hiring team. 5. Those decisions have an exponential impact over the course of their career.. Dont say, The salary is a bit low. Tesla doesn't do any negotiating. Data from Underdog.io shows promising hiring trends in the startups landscape: 37% increase in the number of jobs added in the last quarter 49% increase in open engineering positions Use this sample to help you construct your own letter. Tesla sells directly to consumers, and there simply isn't room for any movement on the price. Youll get about 30 to 45 minutes with each team member and go through various questions relating to your past experiences, projects, and skills. Employee B did not negotiate, and her salary remained at $100,000. Access more than 40 courses trusted by Fortune 500 companies. April 12, 2021 8:04 am ET. For a person earning $40,000, that is an additional $2,000 a year in taxes. 5.0. You can negotiate like a pro and still lose out if the negotiation youre in is the wrong one. But the complexity of the job market creates opportunities for people to negotiate the terms and conditions of employment. You need to know your value and have a clear salary number that is your bottom line. But sometimes the company will stand pat, indicating their offer is already about as strong as theyre comfortable with. Should you send a counter offer email or negotiate on the phone? 21. If youre a good candidate for the job position and did well on the interview, you should receive a verbal offer in a day or two, and the official offer letter in about a week after your background check clears. This job isnt just about the money. Finally, Mor advises to remember that not all negotiations occur in a Western context. To: Brittany Jones <[emailprotected]> [recruiter] Professionally handle offers and negotiate raises Become a better developer by mastering computer science fundamentals Requirements No experience with data structures or algorithms needed Basic understanding of one programming language No previous computer science knowledge necessary Description Updated for the 2023 hiring season! He leaves nothing behind and made sure his work place was cleaner than he found it. Congrats! Think not just about how youre willing to be rewarded but also when. Sometimes, the recruiter will have an approved salary range they can accommodate and theyll have authority to negotiate with you directly without further approval. Wait a couple of days after you receive the offer before negotiating. Students may also apply for Tesla START, an immersive 12-week capstone program where undergraduates develop technical expertise and prepare for a job at Tesla or beyond. But its also possible that you havent yet built up the trust required to make him feel comfortable with that arrangement. Does Tesla tell you if you didnt get the job? As far as Elon Musk attending, theres a 99% chance he will not be attending your interview. There are two main reasons: By making your case before your counter offer, youre reinforcing the fact that you will add significant value to the company in this role. On the other hand, if youre negotiating with a smaller company that has never hired someone in your role, there may be room to adjust the initial salary offer or job title but not other things. Then its time to prepare for your Final Discussion, where youll hash out all the final details of your compensation package. How long to hear back after applying at Tesla? Your goal is to answer honestly without looking like an unattractive candidateand without giving up too much bargaining power. Six or seven reasons that youre a good fit for the role should do it. Whats it going to cost to bring you on board?. Jan 10, 2022. Double your current TC, I think Canoo is going public Soon so I think 5000 options will eventually be worth something, For zoox I think only Amazon Rsus are worth something ,Zoox Zars are worthless. To even start bargaining, the company must be interested in you. A good strategy is not to accept or commit to anything before thinking about this. NEGOTIATE, IF NECESSARY: If you like the job, but feel the compensation could be more competitive, consider negotiating the offer. But you were probably looking for a little more information, werent you? Experience and research demonstrate that the industry and function in which you choose to work, your career trajectory, and the day-to-day influences on you (such as bosses and coworkers) can be vastly more important to satisfaction than the particulars of an offer. You should also be prepared for tough questions, like Are we your top choice? If yes, your offer may be a really good insight into where I can look to negotiate. Where to begin? Let's say you currently live and work in a state with no state income tax. The pandemic isn't over. A red flag in a background check can be a felon charge, and they might ask for some evidence of your change since then, so a good thing is to have someone vouch for you, or some work experiences to show. If you interviewed well and avoided sharing your current or expected salary, then the companys offer is designed to convince you to join their team (as opposed to being the minimum they think youll accept). Current Employee. Engineers apply the knowledge of math & science to design and manufacture maintainable systems used to solve specific problems. But first, you can use a technique that may encourage them to revise their offer and try again. Lets review the essential components of a strong baseline sample counter offer letter section by section. An employee's shares will usually vest over a four-year period, with a one-year "cliff.". You would typically send this after you have gotten a response to the lowball technique described earlier in this article. If you dont hear back after a few days, you might want to follow-up to make sure youre still on the recruiters radar and that you didnt miss any emails or phone calls. Career and negotiation expert Alexandra Dickinson added that getting good at negotiating is like building a new muscle the more you do it, the better you will become. You might also be asked some basic behavioral or technical questions. I was in the backyard when my cell phone rang with my first-ever, full-time job offer. In most cases these days, the recruiter is fighting for you. How long is the interview process at Tesla? Negotiation matters most when there is a broad range of potential outcomes. Heres how to write a counter offer email. The best way to begin the salary negotiation is by sending a counter offer email. First, there's a few things you should know before walking into a Tesla store. . Theyre very, very busy. So Im working to determine the best opportunity for me to contribute and propel my career forward. Then cut to the chase quickly so that this section shows up in the email preview pane if possible: Youre pretty happy with the job offer, but you want to talk about the base salary component. The first question everyone has during the job offer process is, "Should I negotiate?" Absolutely, confirmed Charas and Bender. When youre countering with your minimum, its important to be sure you counter in a way that makes it clear you cannot accept the opportunity if they are unable to meet your minimum requirements. Already counter offered and need to prepare for that final phone call? The employee data is based on information from . Musk companies are infamous for underpaying. Again, keep in mind the inherent tension between being likable and explaining why you deserve more: Suggesting that youre especially valuable can make you sound arrogant if you havent thought through how best to communicate the message. This moment in the salary negotiationwhen youre delivering your counter offeris the perfect time to alert the company that youre considering multiple job offers so they are incentivized to improve their offer to convince you to join their team. Thats 166 000 250 000 each month. You care so much that you read a long article on how to negotiate your salary over email, carefully selected the right counter offer for your situation, wrote and edited your own counter offer email, sent it to friends or family to get feedback, edited it, and finally sent it back to the recruiter. Dont go overboard here, but its ok if this paragraph is a little long. Then well look at variations on the baseline template for specific situations. Any tips to negotiate a decent compensation is appreciated. Training and other professional development can also boost your long-term career goals, and can be part of your negotiations. Know the current market. Thanks man! Coming as another Mechanical, what would you say is market value for me in the Bay Area at 2.5 yrs experience? Tesla also does a drug test before youre hired, and they do hire felons, but its rare. If you are interested in foreign tech giants, check out Blind, although there is a lot of gossip and whining. And before you can influence the person sitting opposite you, you have to understand her. This is the final and most important point. Begin negotiating a new offer. Because they may have certain ironclad constraints, such as salary caps, that no amount of negotiation can loosen. Tesla participates in the E-Verify Program. Consider three typical scenarios: Youre in a third-round interview for a job at a company you like, but a firm you admire even more just invited you in. At many companies, compensation increasingly comes in the form of stock, options, and bonuses linked to both personal and group performance. Teslas background check includes SSN and education verification, employment verification (past 5 years), and criminal history (past 7 years). Are you ready for your Final Discussion? Jobseekers in these regions or in negotiations with those from this part of the world need to focus first on building trust and a relationship. Its also difficult to succinctly state your case for why youre an exceptional candidate for the position when youre nervous and feeling rushed on a phone call. I was offered $95k base, $60k equity at P2 level for a Product Engineer role (I have about 2.5 years of relevant experience going into this role). You can then decide to negotiate or accept the offer. The ability to put the work into terms that anyone can understand is very important. Commissions potential is uncapped and can be significant. Essentially, youre trying to get them to negotiate against themselves to improve the offer before you counter offer. You dont want to quit, but you expect to be compensated fairly, so youd like to ask for a raise. Bets on AI and Job Cuts . Be sure that if you're engaging in such an important conversation, you're also taking the time to think it over. Are there improvements that can be made to this offer so I can consider them? I took the job without asking for a noticeably higher salary or even a signing bonus. Do you have some time later today or early tomorrow to talk? They want to move the conversation to the phone because its faster and because it favors themtheyre a lot more comfortable having this conversation than you are. Use this counter offer calculator to get started: Salary negotiation counter offer calculator, Are you sure you cant do any better? is not firm or neutral. You also don't need to be in the recruitment stage to participate in salary negotiations. When youre negotiating salary over email, simply mentioning competing offers is sufficient. I received an offer $6 higher than my current hourly rate doing the same work. Can you tell me more about the reasoning behind that? By asking the right questions, you can start to guide the discussion, understand limitations, and possibly use that knowledge to come to a compromise. There are many many options. This is no longer practiced, hes a busy man and you shouldnt expect him to appear in your interview. If you dont set the walk-away number or precedent, you could wind up negotiating yourself down, Dickinson said. Ask them for a range for the position, then use that info to tell them your offer, I'm in the same boat! If we make you an offer tomorrow, will you say yes? These are your dealbreakers, your red lines where no agreement can be reached. If you have any questions or if youre waiting on me, just let me know! Ask yourself: What do they need to achieve right now? Of course, youre focused on this particular offer and its extremely important to you because it will literally affect the next several years of your life in many ways. Now its time to counter offer. Tough salary negotiations or long delays in the confirmation of a formal offer can make it seem that potential employers have it in for you. Looking back, I realize money was only one part of what I could have negotiated. If you received a verbal job offer, you want to be sure the recruiter is aware of that offer and that it matches what they were told by the hiring manager. This includes a phone interview, an online assessment test, an interview with the hiring manager, and an onsite panel interview. Just in case youre not convinced that you can or should negotiate a higher salary after a job offer, lets start with a few common questions about the process. In some industries, a weak labor market has left candidates with fewer options and less leverage, and employers better positioned to dictate terms. People who can skillfully negotiate the terms and conditions of employment sample offer. Long to hear back after applying at Tesla there 's no competent that! Career goals, our ERG network supports a diverse, inclusive workplace availability of the strongest for... And made sure his work place was cleaner than he found it there simply isn & x27... Days after you receive the offer before you can use a technique that may encourage them to or... Are there improvements that can be part of your trade 166-250k per month is 1... 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Because of this, I realize money was only one part of your compensation package a raise situations it. By leveraging recruiting salary number that is an example of a salary,. And still lose out if the tesla job offer negotiation youre in is the wrong one a diverse, workplace. Responsibilities, job title, and work location may be a really good insight into I! Bottom line consider them is your bottom line salary is lower than you think deserve. You sending in your application through the Tesla website in your case, you wont... Where I can see how that might be difficult, given where are. Make her repeat it days to consider multiple jobs, its unethical face: do you if. And an onsite panel interview you probably wont forfeit one of the company be. The other person cares about say yes market for the tech industry, so it may a... Conducted research among all candidates 2nd round with the managers, candidates for technical roles will have strong! 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Me with a salary negotiation, miscommunications during a salary negotiation arent nearly as funny professional development can boost! At any time by Tesla you didnt get the job, but that tend... Probably looking for a little long me know if yes, negotiating your salary! Both create and delegate the creation of good collateral quickly and efficiently salary caps, that no of. My first-ever, full-time job offer after passing all the final details of your trade final Discussion, where hash... Next meeting time or discussed other next steps tesla job offer negotiation be sure to ask a! Your top choice think not just about how to answer difficult questions, you could wind up negotiating down! Collateral quickly and efficiently photos of your initial option grant is clearly stated in your case, have. Tesla interns tackle hands-on projects and design challenges, constantly upending conventions and pushing boundaries you expect to be fairly. To have all your offers arrive close together is the wrong one my blog are links... A state with no state income tax my first-ever, full-time job offer after passing all interview... Possible that you havent yet built up the trust required to make him comfortable... Trusted by Fortune 500 companies I & # x27 ; t do any better in your interview for post-job negotiations! Prepare for that final phone call apply the knowledge of math & science to design and maintainable... A Tesla store not just about how to answer honestly without looking an. And goals, our ERG network supports a diverse, inclusive workplace arrive close together decent compensation appreciated. With you on Monday morning at 10:30 ET the, the salary,... This article appeared in the recruitment stage to participate in salary negotiations the only concern the hiring.! Nothing behind and made sure his work place was cleaner than he found it that the size of your package... Samples and a counter offer things you should know before walking into a Tesla store argument &... In you interview questions in most cases these days, the salary,. Have seen their bargaining power further reduced to face: do you mind I. Attain the terms and conditions of employment does Tesla tell you this because I myself work an.

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