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Hi Guys,
I had referred my friend in CTS, who joined in Feb 2022 & will complete 3 months (active payroll) on 15-May-2022. I received a mail confirming my referral acceptance.
Meanwhile, I have handed in my papers & am serving my notice period with my LWD being 23-May-2022. In this case, will I receive the referral bonus?
Cognizant
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What s normally a signing bonus at KPMG?
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What jobs are currently paying 85k?
Im not searching for a new job but an acquaintance reached out about a similar role at a similar energy company.Turns out 2 ppl threw my name in the hat. I looked into it and the position was posted 2 weeks ago.Their director wants to meet.I bet pay is one of the first things to be discussed so that no one’s time is wasted.Am I crazy for not wanting to entertain it for less than 20-25% base pay increase?Is it selfish to ask for more? I’m sure most salary conversations end in negotiation anyways?
What is a good salary for a director in NY?
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Typically, yes. But in this market, it's not unheard of for negotiations to go sour. Depending on how low the offer is, I might decide to just accept the offer and try to work for a raise or promotion down the line. Getting an offer anywhere as a new grad is a big accomplishment right now.
I recommend taking the job, and learning the ropes. Get all the mentorship and OJT can, and reassess your worth after about six months. If you performing all of your peers, which is easy to do these days, request a raise. If the company is not willing to discuss it, silently search out other opportunities, but do not discuss it with your peers. If a new company is wondering why you are coming to them after only six months, it’s easy conversation when you can say that “I am performing all of my peers, and I am being compensated the same. I want to work for a company that values my performance.” Either way, you’ll be coming from a position of current employment and leveraging some experience.
It's true that your leverage is non-existent, but that doesn't mean you have to accept anything that comes along. If you don't like the offer, you can say something like you were hoping for more, and you could ask if there's any flexibility. They may say no, there's no flex at all, and they probably won't be angry and rescind the offer. Offers get rescinded when someone negotiates in a way that's seen as rude or unserious. If you're polite and respectful you should be fine.
I have 7 kids from 19-27 so I have been helping them transition into professional life. Many are making more than 40 year old adults..but if you feel uncomfortable, and your leverage comment without a portfolio is spot on, then perhaps go for some soft negotiation areas like first timing of your first review. Maybe they give 6 month or longer (ugh!) reviews. Ask for a 3-month review, providing you are an outstanding worker. And congrats on the job offer but keep in mind (oh to be young again) - this is your first job. AFTER you land this at whatever pay rate, your next new job is to find your next new job. Plan on 3 months to a year, see how the company really operates (do they assign you a mentor, when do they do their reviews...) but plan on updating your linked in and becoming more focused and active on linked in or glass door (or both) and start curating your nascent career. It is up to YOU. Good luck!
Never ever accept the first offer. They always have room because they assume you will negotiate. If you don’t it actually shows a poor signal that you don’t think of yourself as someone who deserves more and is “ to easy” of a hire.
Not in this market, and not for the recent graduate.
As a new grad, you have very little leverage, unless you have multiple offers and are selecting which one to take.
Even if you have only one offer, ask if they could do better.
Don't just ask for salary bump. Sometimes you can get more of a sign up bonus, longer vacation, or a better laptop.
It is always good to ask for "learning budget" - money for books, conferences, certifications.
How hard is it to come by your talent and skills? Is it a job most people could do, or are you particularly gifted and rare that they’ll give you some extra money not to lose your talent? Also, they may give you what you ask for now, but if it’s too much then they may delay promotions or give lower raises down the line. Just make sure whatever you are asking for is reasonable, as the job market and companies sure aren’t nowadays.
In this market, getting a job as a new grad is amazing. You're right, you have no leverage. If the offer isn't downright ridiculous, take it.
I was offered 67k at a local hospital in 2011. I should've negotiated a higher salary. I learned later that HR was advised to offer 75k. I found out after I accepted another offer 2 years later. Long story short, it doesn't hurt to try.
Sounds like you can put aside any emotional or mental feelings of inadequacy and let them hear you say this is what I am worth. Take the initiative, from the gate. Negotiate!
Really depends on the company. If you’re filling a single position in a department you have a better shot of negotiating. But if it’s a large company like KPMG that hires hundreds of college students every year then the salary is normally what it is and not something the firm will negotiate.
The current job market isn't that great right now, so proceed with caution.
Do you know the typical salary range for the position you got the job offer for? If now, I am sure a google search could get you some idea on the typical salary range for the job.
Mentor
It really depends on the company and context. If they have room to negotiate (eg all of their start classes don’t automatically start at the same salary) then I would say 100% go for it. In this market it isn’t unusual for things to go sideways though, so always decide carefully
I was offered 67k at a local hospital in 2011. I should've negotiated a higher salary. I learned later that HR was advised to offer 75k. I found out after I accepted another offer 2 years later. Long story short, it doesn't hurt to try.
Industry/company dependant... There's hundreds if not thousands of brand new unproven graduates. You're probably better off just getting the experience.
Prove your worth and the money will follow. Got to appreciate Dad's backing though. He'll be sorry if your best and only offer falls through due to salary negotiations.
Maybe apply elsewhere and push buttons. See how it goes... It's easier to apply more force when you're in a firm position to begin with.
It honestly depends - I’d just ask if there’s wiggle room on the salary rather than I’d like to negotiate. A lot of companies start new grad roles all the same