Graduate school is the final stage before entering professional employment; yet many graduates lack the negotiation skills necessary for the impending job search. As a result, many recent graduates take the very first offer they get out of school without negotiating their salary or terms of employment, which can lead to an individual being underpaid for their work. Unfortunately our future pay is often the product of what we are currently paid, so that failing to negotiate for a higher salary initially (even as simple as $5000 more a year) can compound over a lifetime of work to a loss equivalent to $500,000.
With that in mind, here are some basic tactics you should know going into salary negotiations as a recent graduate. Continue reading Basic Negotiation Tactics for Grad Students