After you have some experience under your belt, you may feel you’re worth more, but the company you’re interviewing with can’t fit it into their budget. Was all that hard work applying and interviewing for nothing? Salary negotiations can be hair-raising, for both sides involved, especially when there is significant money left on the table. However, it’s all par for the course and you can still land that fresh graduate job and be happy with it, if you learn how to negotiate well.
Are You Being Low-Balled or Not?
One irritating part of the negotiation process is the potential for distrust from the get go. You want your first entry level job to start off on a good foot and feeling like you’ve been low-balled is not a good way to start. However, you do have to realize that some businesses really do not have the budget to hire their candidates at top rates. Yet, you don't want to make yourself out like a bargain basement deal, either. The key is figuring out a middle ground where both you and the employer can walk away feeling good about the deal you’ve struck.
Ask For Time and Reconsider
Have a talk with the employer before accepting the job, especially if you were requesting a higher salary and they came in low and knew it. If the job is one that could lead to better things, then you might want to negotiate the salary in other ways, like through perks or bonuses. However, if really think you might end up walking as soon as the next best offer is made, then try to see if they would be willing to offer you a performance review within 3 to 6 months of being on the job. This way, you at least have a shot at increasing the salary before a year is out.
If it still doesn't work out, you can always walk away and find more new grad jobs on FirstJob.com to apply to in the future.