More Than Money

When you’re getting ready to accept a job offer, keep this in mind: it’s ok to negotiate. Seriously. Even when it’s your first job after graduation. Employers expect you to negotiate. In an article for Inc., James Altucher shares 11 mistakes people make when negotiating their salary. Keep these in mind as you prepare to accept employment offers! Below are a couple of key points:

  1. Have a big list.  Don’t limit yourself to just your annual salary. Is there an opportunity to work from home twice a week? Could you get a bonus? Will they compensate moving expenses? Think of all of the things that would make a job valuable, and not just the bottom line on your paycheck.
  2. Do your homework.  Use online resources to calculate the average salary for that position in your geographic area. Consider how much someone would charge for your position if they were a freelancer or consultant. What value do you provide the company? You can also use a site like Glassdoor to see what salaries are typical for your position or for the company.
  3. Give yourself time to consider.  When you are offered a position, you do not have to accept it right then and there. Ask for 24 hours to step back and consider everything. Sleep on it. Are there other opportunities you are in the process for? What are the pros and cons?

Altucher makes many other great points, and offers great tips that will help you not only for job one, but every job after that.  You can read all 11 mistakes here: http://www.inc.com/quora/11-mistakes-people-always-make-when-they-negotiate-their-salaries.html

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