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Job Search12 min readJanuary 2025

Salary Negotiation for New GradsHow to Get Paid What You're Worth

Got an offer? Don't just say yes. Even a small bump in your starting salary compounds over your entire career. Here's how to ask for more without feeling awkward.

1Why You Should Always Negotiate

If you're nervous about negotiating, you're not alone. Most new grads worry they'll come across as greedy or—worse—that the company will pull the offer. But that almost never happens.Companies expect you to negotiate, and they build room into their offers for it.

The Math of Negotiation

If you negotiate a $5,000 increase on a $70,000 offer:

  • • Year 1: +$5,000
  • • Over 5 years (with 3% raises): +$27,000
  • • Over 10 years: +$57,000
  • • Over 40-year career: +$250,000+
84%
of employers expect negotiation
70%
who negotiate get more money
$5-10K
average increase from negotiating

2Researching Your Market Value

You can't negotiate effectively if you don't know what's reasonable. Spend 30 minutes researching what people in similar roles actually make.

Best Salary Research Resources:

Levels.fyiBest for tech roles, includes total compensation
GlassdoorWide coverage across industries
LinkedIn SalaryGood for comparing by company and location
PayscaleDetailed breakdowns by experience level
H1B Salary DatabaseActual salaries from visa applications
BlindAnonymous salary sharing (tech-focused)

Entry-Level Salary Ranges (2025):

RoleLowMidHigh
Software Engineer$85,000$110,000$150,000
Data Analyst$60,000$75,000$95,000
Product Manager$90,000$115,000$145,000
Financial Analyst$65,000$80,000$100,000
Marketing Coordinator$45,000$55,000$70,000
Consultant$75,000$95,000$120,000

3When to Negotiate

The Right Time to Negotiate

  • After you receive a written offer
  • Before you accept or sign anything
  • • When you have leverage (other offers, unique skills)
  • • When you've done your research

The Wrong Time to Negotiate

  • • During the interview process (too early)
  • • After you've already accepted
  • • When you have no data to support your ask
  • • Via email when a call would be better

4Proven Negotiation Strategies

Strategy 1: Anchor High

Start with a number 10-20% higher than your target. This gives you room to negotiate down while still landing at your desired salary. Research shows the first number mentioned heavily influences the final outcome.

Strategy 2: Use Precise Numbers

Instead of asking for "$80,000," ask for "$82,500." Precise numbers signal that you've done your research and have a specific rationale. Studies show precise asks are more successful than round numbers.

Strategy 3: Have a BATNA

BATNA = Best Alternative to Negotiated Agreement. Having another offer or being willing to walk away gives you leverage. Even if you don't have another offer, know your walkaway point before negotiating.

5Word-for-Word Negotiation Scripts

Script 1: Initial Counter-Offer

"Thank you so much for the offer—I'm really excited about the opportunity to join [Company]. I've done some research on market rates for this role in [City], and based on my [specific skills/experience], I was hoping we could discuss a base salary closer to $[X]. Is there flexibility in the compensation package?"

Script 2: When They Say the Offer is Final

"I understand the base salary may be fixed. Would it be possible to discuss other aspects of the compensation package? For example, I'd be interested in exploring a signing bonus, additional PTO, or an earlier performance review for a potential raise."

Script 3: When You Have Another Offer

"I want to be transparent with you—I have another offer at $[X], but [Company] is my first choice because of [specific reasons]. Is there any way to bring the compensation closer to that level? I'd love to make this work."

Script 4: Accepting After Negotiation

"Thank you for working with me on this. I'm happy to accept the offer at $[final amount] with [any other agreed terms]. I'm excited to join the team and contribute to [specific goal]. Please send over the updated offer letter and I'll sign right away."

6Beyond Base Salary: What Else to Negotiate

If the company can't budge on base salary, there are many other valuable items you can negotiate.

Monetary Benefits

  • • Signing bonus ($5,000-$20,000)
  • • Annual bonus target
  • • Stock options/RSUs
  • • Relocation assistance
  • • 401(k) matching
  • • Student loan repayment

Non-Monetary Benefits

  • • Extra PTO days
  • • Remote work flexibility
  • • Earlier start date
  • • Professional development budget
  • • Better job title
  • • Earlier performance review

7Common Negotiation Mistakes

Not negotiating at all
Always negotiate—you have nothing to lose
Revealing your current/expected salary first
Let them make the first offer
Accepting immediately out of excitement
Always ask for time to consider
Making it personal or emotional
Keep it professional and data-driven
Negotiating via email when a call is better
Complex negotiations should be verbal
Not getting the final offer in writing
Always get written confirmation

8Real Negotiation Examples

Example 1: Software Engineer at Tech Startup

Initial Offer: $95,000 base + standard benefits
Counter: Asked for $110,000 based on Levels.fyi data
Company Response: Can't do $110K, but can offer $102,000
Final Counter: Accepted $102K + $5K signing bonus + extra week PTO
Result: +$7K base + $5K signing + 1 week PTO = ~$15K+ value

Example 2: Financial Analyst at Bank

Initial Offer: $72,000 base (said it was "non-negotiable")
Counter: Asked about signing bonus and early review instead
Company Response: Offered $7,500 signing bonus
Result: +$7,500 signing bonus from "non-negotiable" offer

Key Takeaways

Always negotiate—employers expect it and rarely rescind offers
Do your research before making any counter-offer
Use precise numbers and have data to back up your ask
If base salary is fixed, negotiate other benefits
Get everything in writing before accepting

Ready to Negotiate Your Offer?