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Students often wonder whether they should try to negotiate for higher
compensation, signing bonus, and/or other perks. There is no simple answer
to this situation. You must do your research as employers must do theirs to
determine if the salary is in the market range. Consult the most current
placement report and talk to the career counselor to get additional help
with
salary information and negotiation techniques.
If you feel the salary you are offered is below an acceptable range or if
your background and experience justify a higher level salary, then you may
want to negotiate. All negotiation involves risk and potential rewards, only
you can decide whether to take the risk. Remember negotiating is a learned
skill and you should prepare yourself. Utilize the many resources available
from Career Services to prepare, including our Negotiation Panel workshop.
Internet Resources: Salary Negotiating
Several job-related Web sites provide information and advice on
negotiating salaries (including stock options packages), whether you are
starting a new job or want to negotiate higher compensation in your current
job.
Recruiters prefer to interview candidates who know their strengths and
weaknesses and can explain their career goals. Good preparation regarding
personal needs and interests will make interviewing less of a sales job and
more of a discussion of mutual objectives.
Other Resources
Show Me the Money: The WFP Compensation and Negotiation
Guide. Available
through Wet Feet Press. Also use Career Services' Placement Reports to
research salaries.
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