Table of Contents
Does salary matter for first job?
Salary always matters, especially in your first job if you are in a corporate environment. Future salaries are often based on what your current salary is. Many places will not pay you a large increase over what you make now so initial salary can be important.
How much should you ask for a first job?
Start with a figure that’s no more than 10-20\% above their initial offer. Remember, you’re applying for entry level, and you shouldn’t expect something on the higher range. Consider negotiating lower if 10-20\% places you above the average.
Should you take a pay cut for your first job?
It’s not ideal, but it may make sense to take a job that pays below your market value. Sorry to break it to you, but you may have to take a pay cut for your first job. Research by PricewaterhouseCoopers found 72\% of millennials say they’ve made compromises to enter the workforce, with one-third taking a salary lower than what they expected.
How do I find out what my starting salary should be?
Get a realistic idea of what you should be earning by taking the average of what calculators on Salary.com, PayScale.com, and SalaryExpert.com say you’re worth. Additionally, get first-person insight on what your starting salary should be, says Los Angeles-based millennial career coach Crystal Marsh.
Should you take a job that pays below your market value?
It’s not ideal, but it may make sense to take a job that pays below your market value. Sorry to break it to you, but you may have to take a pay cut for your first job.
How important is a base salary when negotiating a job offer?
Whether you’re embarking on your first job search or are moving up the ranks in your industry, nailing down a solid base salary is one of the most important parts of your job offer negotiation. But, as you’re well aware, change is constant; what worked for you last time may not work for you this time.