9 answers
Asked
219 views
How do I know what is a good starting salary and how would I negotiate that?
question about salary in interviews, how much is enough money post-grad? should I accept any offer that I get?
Login to comment
9 answers
Updated
Pluralsight’s Answer
Some say it’s a requirement to disclose this. You can also look on glass door and salary.com. You can ask the pay range for the role keep in mind this could be regional check out payscale.com. If you’re looking at an entry-level job, it can be hard to negotiate, but if you are negotiating, understand the expectations of the roles and be prepared with what you’ve done before to prove your fit for this role. You could also ask for a signing bonus just know what the market rate for this is before asking.
Updated
Fred’s Answer
How much is enough? that depends. How much student debt do you have? What field are you in? Where are you living? The pay in cities like New York or Los Angeles will generally be higher than the salary in Ames, Iowa. However, the cost of living is also higher.
Should you accept any offer? No. But also, you need to remember salary is only part of the compensation package. You may also be offered subsidized health insurance, retirement savings plans, varying amounts of holidays and amount of vacation, work from home vs. work in office (or some combination), and a whole slew of other possible benefits.
So if company A offers you 10k more per year than company B, but two fewer weeks of vacation , is that worth it to you? What if one company gives you five paid days to volunteer at a non-profit, but the other offers an annual bonus between 1% and 10% of your annual salary?
And so on...All of these other factors or components will weigh differently for different people. You may not care about volunteering at a non-profit, but someone else may consider not getting that a deal breaker.
Many places won't really negotiate - it may depend on the industry you work in. They will make the offer, and you can accept or decline. You can always ask for a higher salary, but sometimes that causes them to withdraw the offer entirely (yes, it sucks, but this can happen).
So there is no simple answer to this question.
Should you accept any offer? No. But also, you need to remember salary is only part of the compensation package. You may also be offered subsidized health insurance, retirement savings plans, varying amounts of holidays and amount of vacation, work from home vs. work in office (or some combination), and a whole slew of other possible benefits.
So if company A offers you 10k more per year than company B, but two fewer weeks of vacation , is that worth it to you? What if one company gives you five paid days to volunteer at a non-profit, but the other offers an annual bonus between 1% and 10% of your annual salary?
And so on...All of these other factors or components will weigh differently for different people. You may not care about volunteering at a non-profit, but someone else may consider not getting that a deal breaker.
Many places won't really negotiate - it may depend on the industry you work in. They will make the offer, and you can accept or decline. You can always ask for a higher salary, but sometimes that causes them to withdraw the offer entirely (yes, it sucks, but this can happen).
So there is no simple answer to this question.
Updated
Lori’s Answer
Great question. There is a lot of good advice already in another answer. I will add that you can research salaries in your city or state for a specific career online. Sites like glassdoor.com, indeed, and salary.com provide average salaries. These can give you some idea of what you can make in an industry. Best of luck to you!
Updated
Pluralsight’s Answer
Research for businesses pay for the role you’re going for especially in your location. This gives you a starting point for negotiating and your job search.
Work out your lifestyle and your bills, giving you a minimum target starting salary
Know you’re worth and your priorities why are you worth more than what’s being offered? What transferable skills do you have? What financial goals do you have? Get your contract to reflect any changes you negotiate
The best they can say when negotiating is yes the worst they can say is no.
Get a salary bonus from the hiring manager or talent manager.
Work out your lifestyle and your bills, giving you a minimum target starting salary
Know you’re worth and your priorities why are you worth more than what’s being offered? What transferable skills do you have? What financial goals do you have? Get your contract to reflect any changes you negotiate
The best they can say when negotiating is yes the worst they can say is no.
Get a salary bonus from the hiring manager or talent manager.
Updated
Pluralsight’s Answer
Research your future salaries using glass door, TikTok Reddit when looking at your offer, take the benefits into consideration, PTO healthcare, etc. and then know what you offer when negotiating the motivation towards your crew path is key!
Research first. Determine what skills you need or have and then find what fits for you.
Check out the ikigai venn diagram as a resource
Research first. Determine what skills you need or have and then find what fits for you.
Check out the ikigai venn diagram as a resource
Updated
Pluralsight’s Answer
Make sure to speak about successes you have had to merit that salary
Use Google glassdoor LinkedIn to look up average salaries for that company
Reddit can also be a helpful resource to find salary ranges
Use Google glassdoor LinkedIn to look up average salaries for that company
Reddit can also be a helpful resource to find salary ranges
Updated
Pluralsight’s Answer
Start by using the Internet to research the average salary range of your prospective role. Try to better understand the market and understand your financial needs and potentially find a mentor in this field that can help position your value proposition with the prospective employer. If you fall short of your goal salary do not be discouraged. You will have future opportunities to negotiate based on the efforts you achieve in your first role to transition into a second role after a year or two.
Updated
Pluralsight’s Answer
Do your research on glass door or community and aim for a salary and then ask for a little more lead with your skill sets and be confident about it
A higher salary equals a higher perceived value
Look at everything together base pay bonus, pension PTO health insurance, etc.
A higher salary equals a higher perceived value
Look at everything together base pay bonus, pension PTO health insurance, etc.
Updated
Pluralsight’s Answer
Do your research. Use websites like LinkedIn glassdoor, etc. talk to people in the industry or the specific role. Find a mentor. Make sure to talk about salary early on in the intervew process and come with a range of what you expect. Anchor high.