Negotiating a Starting Salary Essay -- Business and Management Studies

Negotiating a Starting SalaryWith internet attack available to nearly every angiotensin converting enzyme, suppose seekers arearmed with more knowledge than ever before. Information stick out beobtained for business organization openings, job descriptions, and stock-still salaries.Sometimes when filling out an application, a box leave petition for a lucredesired. Some advertisements ask to send your resume with allowancerequirements. These are sometimes tough questions to answer. How muchdoes that job normally stand? Is the job applicant worth the top pay?This paper forget explore the various factors involved when attemptingto negotiate a starting salary. Topics such as helpful internetsources will be introduced, along with salary ranges, and helpfulinterview techniques will be discussed to better position one self toobtain the salary desired.Some basic plans should be dumb before attempting tonegotiate a starting salary. First of all fetch that a job in NewYork City will approximately likely pay more than the same job in cracker-barrel Ohio.Geographic locations and cost-of-living play a major role whendetermining salaries. For example, comparisons were do for an entrylevel job as a bank teller in Elyria, Ohio and New York, New York. Theresults were interesting. The median expected salary for a typicalTeller in Elyria, Ohio is $20,913 with the 25th percentile being$19,642 and the seventy-fifth percentile at $22,645. The median expected salaryfor the same job in New York City is $24,274 with the 25th percentilebeing $22,799 and the seventy-fifth percentile at $26,284 (www.Hotjobs.com).Supply and demand also play a part. If job candidates are plentifulthen negotiating power is limited. However, some handle are in highdemand and college graduates in those fields will find they take hold theirchoice of employers. For instance, correspond to The American AlmanacOf Jobs And Salaries, the occupations with the largest job declineare sewing machin e operators. This data covers the time occlusion from1996 to 2006 and they are in decline by 26 percent (xxviii).Conversely, according to Enhanced Occupational Outlook Handbook, thefastest going jobs are calculator related. From 1998-2008 computerengineers, computer support specialists, computer systems analysts,and database administrators are expected to grow by 108, 102, 94, and77 percent respectively (18).A third concept to remember is that ev... ... appeal to their power and position in thecompany. Say something like, If you have the power. Most managerswill enjoy the positive comment and if they can get it done for youthey will (www.collegegrad.com).These negotiating techniques highlight just some of ways a jobapplicant can better position themselves for a better starting salary.Salary wizards on the internet will fork out you a pay range. Variousarticles at career related wind vane sites can give you some valuableinsights. And of course your local subroutine library wi ll always have books onhand to guide you with your job and salary search as you prepareyourself for the challenges of the working humanness of the 21st century.Works CitedFarr, Micheal J. and LaVern L. Ludden, Ed.D. Enhanced OccupationalOutlook Handbook 2000-2001 ed. Carolean Levchuck. How to Determine Your Salary Range. 10-30-2004.Lussier, Don Job Search Secrets. Lincolnwood NTC/Contemporary,1998Wright, rump W. The American Almanac of Jobs And Salaries 2000-2001ed.The Unacceptable Offer Negotiation Technique. 10-31-2004. . 10 Tricks for Negotiating a Higher Starting Salary. June 20,2004.Employment Digest. 10-24-2004.