Negotiating Salary For New Graduates
Wage for the New Grad
Fresh out of college, most people are excited about landing that
first job. Given that most grads do not have work experience or
only had a part time job while studying, it is not easy to
secure an executive position right away.
Starting from scratch, one has no choice but to start from the
bottom in an entry-level position then in time move to the top.
The challenge most grads face in applying for a job is the
competition. Aside from those who just graduated, there are also
those who have left the previous job and are looking for a new
one.
According to hiring and compensation experts, there is not that
much room to negotiate when one is just a fresh grad. This is
because that person does not have substantial work experience as
basis to negotiate for a higher wage compared to those who have
already worked before.
The range of the salary fresh grads get are based on the course
one has finished in college. To those who volunteered to be
surveyed, it was found that people who graduated from the
sciences were able to get a higher salary compared to those who
graduated from the liberal arts.
A tip that may help a little in the negotiation process is
knowing your potential and not easily giving in or selling
yourself short. In the course of an interview, it will boil down
to the how much you will be getting. Most fresh grads accept
what is given immediately and reply "ok" ending it there.
It is best to only talk about the salary when an offer has been
made. If the interviewer is good, it can wait. During that time,
one can try asking how much the company will give for someone in
that position then be able to negotiate about that further later
on regardless of the figure that was given.
The applicant can then ask questions such as job
responsibilities and mention that the contribution one can give
to the company is more important than the salary you will be
receiving showing the recruiter you are a team player.
Applicants can negotiate more by doing research on how much
other companies are offering for the same job before giving an
immediate answer. By knowing that information, it is possible
for you to negotiate the salary offered for a little more.
Getting a job is not only about a salary. This includes other
things that the company offers to its employees and by
thoroughly checking out the other benefits and perks, it can
also help in deciding whether the applicant should accept the
job or not.