For a recent graduate from college or grad school getting that first job is sometimes both scary and daunting. There are internal challenges that we all face in knowing how to value ourself and the skills that we bring to the table. It is not always apparent or easy to define just what you are worth, and how to go about getting a boost in salary when you start a job. There are some factors that we can discuss here that will help you to access your situation, and to figure out just how you want to go about getting extra salary or benefits when you start that new job. Lets discuss a top 5 list for tips to get more salary when starting a new job.
1.) Know the range of salaries for the job you are seeking.
This first tip is essential to getting the most from your new employer. You will want to ensure that you have a realistic and basic assumption for what your approximate value is. This value will be different for each employer, and for each type of job that you will be seeking. Some of this is intuitive or obvious, but it definitely begs to be mentioned and it will help you get more. So…
First, do a little research and talk to friends in the industry, or do some Google searches to help get a basic idea for this type of job that you are looking for. If you are an accounting job seeker, you can search in Google for “entry level accounting job salaries”. This will lead you do websites that can help you to further define what you are looking to earn. You may end up on a website called Glassdoor.com, which is aimed at getting real employees to share their salary history anonymously.
Next, if you are still in school don’t be afraid to ask your peers, classmates, or professors to give you some insight. This will be invaluable to set your expectations right.
Finally, and a great way to do this will be to use a website like Monster.com, Indeed.com, or other online job board. Many job listings will actually tell you what the starting salary will be for your job.
2.) Have an idea what is essential for your salary and benefits.
Once you have an idea about the type of role your are looking for, you’ll want to have an idea what you need to make to survive or thrive. So, you’ll want to know about what you need:
- Health Insurance
- Dental Insurance
- Vacation Days
- Sick Days
- Car Stipend
- Cell Phone Stipend
- Travel reimbursement
- Computer, laptop, iPad, iPhone provided.
- Snacks or meals provided.
- Entertainment benefits like professional sports and other events.
These are just a few of the benefits or perks or salary add ons that you can use as extra ways to boost your salary.
3. Size yourself up, and know how you fit into the organization
Let’s face it and be real, your importance to the organization will ultimately have a major impact on how much salary and benefits you get from them. If your skillset is a dime a dozen, you may need to set yourself apart in ways to get an extra salary boost. BUT…don’t worry with a little creative thinking in most jobs you can do this, and we’ll discuss this in the following items.
Once you start to understand how much your should make, and how your fit into the organization then you’ll be armed with more information to go after getting a higher salary.
Is making more money more important that the job you are seeking? Maybe you want a couple of years of experience before moving on to the next phase in your career. Let’s be real that a job is a job, and while you give to your employer at 100%, it may not be the end all for what you are hoping for. So if you are gleaning extra from the company like exposure to a new technology, or management experience, or a certain company name on your resume. Let’s not forget that a salary is not the only important aspect that an employee can get from working for a company.
4.) Asking for more money…THE IMPORTANT PART
Your approach has to be something like this…and common with the items below:
- I love this company…
- I really like working here…
- I want to be here for a long time(maybe a white lie)…
- How can I grow with the organization…
- BUT…I feel like I can feel better about the job if I were to make $??,???? more in salary and ????? in benefits.
- Based on my research…this is more of a competitive salary.
- How can I make myself more valuable and worth more to the firm?
- What can I do now to earn this salary?
- Is there any way that I can start for this salary and benefit?
NOW…you don’t want to rattle these off in rapid fire to either your boss, hiring manager, or the HR person. But you want to weave them into a carefully scripted narrative and discussion…Make sense?
Hopefully, using this approach of becoming part of the team and on board for success will help you to get those extra dollars!
5.) Repeat, Recycle, Revisit, Restate
You never want to let your employer off the hook!!! LOL. By this I mean, that your understanding of your wealth and importance to the firm/company is not a one time discussion that you should have with your boss or employer. You will need to revisit this topic with them time and time again to ensure that you are always moving up at the company and becoming a more integral person on the team.
ESSENTIAL TIP: If you come from a place of being disgruntled or upset with your salary, or your benefits…this isn’t the right approach. Typically an approach of “YOU OWE ME!” will not yield good results for you. And an approach like this will usually backfire, and may even start your exit from the company. If you really are upset with the company…then do everyone a favor…and especially yourself…and find a new job 🙂
But…for most people if you stay on the tip of “I love this place”, “How can I grow?”, “How can I get promoted?“, then you’ll find that you may just get that raise, promotion, or initial salary that you were hoping for!!! Good Luck.