Career Center > Resumes & Interviews > Salary & Negotiation
Negotiation is a normal—even expected—part of the hiring process. Working to get the best offer possible can have an impact on your career, affecting satisfaction with the current job as well as your future trajectory. As you start to look over your job offer, here are a few actions to think about:
The first thing you should do prior to even walking in the door for
an interview is to know what you’re worth. How much does someone in this position, in this industry, in this location, at your experience level, typically make? Sites like Salary, Payscale, Glassdoor, and the Bureau of Labor Statistics
can give you a detailed breakdown of the average starting salary for
the position you are interviewing for while taking into account a wide
variety of other factors, including location, certifications, and
Talk to the people you know who work at the company or in the industry. ASK
is a great resource that can connect you with DePaul alumni working in
your field of study. Have a firm idea of what you are worth before you
even schedule your first interview.
As a fresh grad, you may be wondering if you even have the right to
negotiate a job offer. This is where a self-assessment can come in
handy. Ask yourself:
There are many things to take into account when negotiating other
than just your base salary. You want to look at the entire compensation
package, which includes your benefits. Benefits can comprise insurance,
vacation time, tuition reimbursement, stock options, relocation
expenses, professional membership fees, gym memberships, flexible work
options, and unpaid leave time.
Now, just because you can negotiate your job offer doesn’t mean that you necessarily should.
Some industries are also more conducive to salary negotiation than
others. For example, highly structured sectors like the government or
military will not have negotiable salaries.
If you’ve received what you perceive to be a fair offer at a company
that has a clear path for advancement and where you will be working on
projects that excite you, it’s ok to accept the offer as is. However,
even if you plan to do this, it’s always wise to give yourself at least
24 hours to review the offer and talk about it with a family member or
trusted advisor. No legitimate company will force you to give your
acceptance on the spot. You should take that time granted to you to
really make sure this is an offer you’re happy with.