Evaluating a Job Offer & Negotiating Your Salary
boston college career center
You’ve received a job offer. Congratulations! Now it’s time to evaluate the offer and negotiate for the salary you want.
Here are some factors to consider as you decide whether to take the job.
- Is this your decision alone? Or do you need to involve others in the decision-making process?
- Are you excited about the job?
- Can you envision yourself working there?
- Do you think you’ll be able to work with your new boss?
- Does this job fit into your long-term career path?
- Will it help you reach the next step in your career?
- Does it match your interests, skills, and abilities?
- Are the duties of the job interesting and challenging?
- Does the work schedule fit your needs? If you need flexibility, will you have it?
- Will this job be fun for you? (Remember… it’s work!)
- Will it give you opportunities to grow?
Salary & Compensation
- Do some research to find out the salary range for the kind of job you’re considering.
o NACE Salary Calculator Center
o Occupational Outlook Handbook
o Salary.com’s Salary Wizard
- Can you live on the income you’re being offered?
- Will you get a signing bonus?
- Does the salary include a commission or incentives?
- Don’t be afraid to negotiate with the employer for a higher salary.
- Explore the company’s health insurance plan. Find out what your contribution will be.
- Consider the range of possible benefits, including vacation and sick day policies, 401-K or pension contributions, stock options, and opportunities for telecommuting
- Will your position be exempt or non-exempt?
- Explore BenefitsLink.com to learn more about what to expect from your benefits.
- Do the company’s values match your own?
- What is the culture like? Is it casual, social, buttoned-up, 9 to 5 … ?
- Is there a lot of turnover? Is it hard to move up in the company?
- Does the company offer you potential for growth, professional development opportunities, or community involvement?
- Will you have opportunities for advising and mentorship?
- Talk to others who have been supervised by your prospective boss.
- Are you comfortable with his/her management style?
- Will you learn from him/her?
- Is your boss interested in your professional development?
- Roger Fisher & William Ury, Getting to YES: Negotiating Agreement without Giving In
- William Ury, Getting Past NO
- Leigh L. Thompson, The Truth About Negotiations
- Robin Pinkley & Gregory Northcraft, Get Paid What You're Worth: The Expert Negotiators' Guide to Salary and Compensation
- Daniel Porot & Frances Bolles Haynes, 101 Salary Secrets: How to Negotiate Like a Pro