I was working at a startup company for a year making less than minimum wage. Eventually it got to the point where I could not continue and got a very lucrative job making about 20k more a year than is normal for my experience. Though it was only a 2 month contract.
During this contract I was contacted by a new company (the dream job) but only to be hired as an intern. The job was offering 30k less a year than the current job I had. My contract was coming to an end. They sent me the contract when I was at work. I looked at the contract later that night and noticed that I had to reply by midnight the same day. It was too late at night to contact anyone about the contract. I had no choice but to accept or miss the date.
Now I am at this new job on a 3 month contract. Making about 10k less than someone of my experience should be making. They are offering to hire me full time and are preparing another letter. I need this job and can't really afford to turn it down. Though I would be kind of bitter to be making such a low wage.
I am worried that once again the contract must be responded to within the same day I receive it, leaving no room to negotiate.
So my question is basically, how bad is it to miss the deadline stated on the contract? Is it likely I will lose the job? Also if they do reject my offer is the old offer off the table? Did I just turn the job away?
To put this into perspective, this is one of the biggest companies (if not the biggest) in my profession. I beat out a lot of people to get this job and it's basically my dream job. They have more than enough money to pay me though the reviews of the company say salaries are a little low at this place. I am fairly new to the concept of yearly wages versus an hourly rate. Or when it is appropriate to ask for more money.