Handling Salary Negotiations

by Marta Ricardo and Robert White

This Quick Tip is intended for alumni who are entering a position where there is not a clear market standard for compensation. A similar strategy might be used to negotiate in a situation where there is a clear standard, but where the alumna has expenses such as relocation expenses, or has particularly valuable skills or experience, and seeks a signing bonus.

Alumni, and alumni counselors, may feel unsure of themselves delving into the uncharted ground of salary negotiations. However by following these steps negotiations may be effectively managed without undue stress or complications.

 

Ten Steps for a Successful Salary Negotiation

Congratulations! You just received a call from a firm with which you have interviewed. The hiring manager is calling to extend you an offer. The only bad news is that the salary is slightly lower than you expected. What do you do now? Negotiate!

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