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Stefanie O’Connell explains why you shouldn’t be afraid to negotiate the salary of your first job. Many employers are willing increase your starting salary by 5% to 10%, O’Connell explains, but most millennials tend to settle for the original salary offered.
She suggests three ways to kick off the negotiation process:
Do your homework. Find out how much others in your position are making.
Be your own advocate. It’s OK to boast about your abilities. A new employer has no way of knowing what you’re capable of unless you fill them in.
Offer a range. Go in prepared to ask for a salary range—but make the bottom of your range slightly above the employer’s initial offer. That way, O’Connell says, you set yourself up for a pay increase from the get-go.