Salary Negotiation
Research salary data and review our list of tips before talking about your salary.
Salaries depend mainly on two things: the work and the geographical area. Most
companies share salary data with each other. Also, your school's career services
office may have stats on starting salaries from employers that have hired students
from your school. They will generally know within a pretty narrow range what your
offer should look like. Also, your local workforce commission can provide salary data
for your area.
Here are some salary negotiation tips:
- Don't prematurely discuss salary until you have a clear
vision of the job description and requirements or until
the hiring employer mentions the topic.
- Make sure you research salaries before accepting any
offer.
- When asked, "What are your salary requirements?" Don't
give a number. Tell the employer that you believe they
will offer you a fair salary based on the job
requirements and your skills.
- Benefits count; include benefits when you're evaluating
an offer (health insurance, 401K, special employee
discounts, reimbursement for education expenses, etc.).
- When you do go to negotiate, make sure you compile
support for a negotiating position. Research similar
positions and the starting salary for these positions,
and use this knowledge in your negotiations.
- Don't automatically accept any offer. Ask for at least
24 hours to review the offer and think about it.