Salary is not the only way to evaluate a potential employment opportunity. Considerations such as benefits, stock options, pension, retirement savings, office environment, and cost of living in the area are also important to consider. Here are some additional resources for evaluating additional add-on compensations besides salary.
International Foundation – The International Foundation (IF) is dedicated to educating the public on what to expect from a good benefits plan. IF offers information specifically for public employees, corporate employees and more.
CollegeGrad – The basics on evaluating benefits packages for college graduates. This article covers general coverage, life insurance, and more.
When an employer releases a job offer to a candidate, the candidate has the option of negotiating the terms. This process should be handled with the utmost care and professionalism. Recent graduates and other people who have never negotiated a job offer before should do plenty of research and be prepared. This preparation work will ensure the negotiation goes smoothly and no professional bridges are burned in the process.
Guide to Evaluating and Negotiating a Job Offer – A complete guide, from John Hopkins University, for job candidates on how to review each part of a job offer. Additional tips and advice include questions to ask the employer about the offer, negotiation tactics, and professional ways to accept and decline an offer.
Bureau of Labor Statistics – A detailed description of everything a candidate should know about a position before accepting.
Negotiating your First Job Offer – A guide for recent graduates prepared by Columbia University, with tips and tricks specific for different majors and professions. Also, it includes a detailed list of which parts of an offer are negotiable and what is not.
Although most anyone will tell college students to follow their heart when it comes to selecting a career path and major, salary is still a consideration. Here are some resources for students who are trying to balance choosing a major they love with a good income.
Top Five Paying Industries – A chart of the top five paying industries from the National Association of Colleges and Employers.
Ten Most Popular Majors – CNN’s report on the top ten majors and what a recent graduate can expect for a starting salary.
52 Starting Salaries – A list of 52 starting salaries based from the College Crunch Organization.
College Graduate Salaries by Field and Major – A collection of common majors and their average starting salaries from the University Language blog.