Thursday, April 16, 2020
How to Negotiate Your First Salary
How to Negotiate Your First Salary Stefanie OâConnell explains why you shouldnât be afraid to negotiate the salary of your first job. Many employers are willing increase your starting salary by 5% to 10%, OâConnell explains, but most millennials tend to settle for the original salary offered. She suggests three ways to kick off the negotiation process: Do your homework. Find out how much others in your position are making. Be your own advocate. Itâs OK to boast about your abilities. A new employer has no way of knowing what youâre capable of unless you fill them in. Offer a range. Go in prepared to ask for a salary rangeâ"but make the bottom of your range slightly above the employerâs initial offer. That way, OâConnell says, you set yourself up for a pay increase from the get-go.
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