I am going to be entering the job field in May…
I was offered a job with a salary of $40,000…
I feel as if this salary is WAY below my potential..
I double majored in business with a finance concentration AND in economics.
I am the president of the economics club AND the secretary of a national honors society..
I did some research on payscale and they said that my average worth is $52,000… I would prefer $55,000 because I would need to relocate
How should I negotiate? What salary should I aim for? Am I asking for too much??
btw.. i was offered a 3,000 sign on bonus
and the position is for t.rowe price.. for investment operations
Okay. You say you have a great one-two punch major. Assuming you are entering the market for the first time consider:
-you have no prior corporate experience that proves your skills in the market
-we are in an economic market that has rising unemployment (more competition for the same job) and fewer jobs (less opportunity)
-Bear Stearns employees will soon be flooding the market
If you are at the top 5% of your academic class from a school that has favorable ties to Price, then you are being offered too little. If Price is unfamiliar with the rigors of your academic career, they may be saying: "We like this person, but don’t know a lot about them, let’s give them a shot." There are 1000’s of varations in between.
If this is the place you want, then carefully consider if this is a first step in your career ladder with a reputible company, or if you are willing to continue to look for a better solution.
Good luck!
May 28th, 2010 at 12:26 am
I know an Ivy League econ grad who got $50,000, so I think around 50,000 is fair.
References :
May 28th, 2010 at 1:03 am
Okay. You say you have a great one-two punch major. Assuming you are entering the market for the first time consider:
-you have no prior corporate experience that proves your skills in the market
-we are in an economic market that has rising unemployment (more competition for the same job) and fewer jobs (less opportunity)
-Bear Stearns employees will soon be flooding the market
If you are at the top 5% of your academic class from a school that has favorable ties to Price, then you are being offered too little. If Price is unfamiliar with the rigors of your academic career, they may be saying: "We like this person, but don’t know a lot about them, let’s give them a shot." There are 1000’s of varations in between.
If this is the place you want, then carefully consider if this is a first step in your career ladder with a reputible company, or if you are willing to continue to look for a better solution.
Good luck!
References :
May 28th, 2010 at 1:43 am
Salaries vary depending on many factors. To find more accurate salary data you can try http://www.bls.gov, monster.com ,salary.com or PayScale.com. You will find that jobs like these are negotiable when it comes to salary.More information, tips and help at http://moreaboutsalary.blogspot.com/
References :