Salary.sg Forums - Reply to Topic
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs > Salary negotiation for fresh grads

Income and Jobs Discuss jobs, career options and of course salaries




Salary.sg Forums

Thread: Salary negotiation for fresh grads Reply to Thread
Your Username: Click here to log in
Human Verification To prove you are a human and not a computer program that spams, please check the box below and answer any further questions if prompted.

Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
26-05-2020 02:51 AM
Unregistered Negotiating your salary package for a fresh grad is unheard of.

In any case, I had my compensation reviewed while interviewing for my second job.

HR will generally only offer you between 1.1X – 1.5X your last drawn salary. Here’s my approach to get on the upper scale:

1. Find the pay grade range on Glassdoor. Search the firm and its competitors.
2. Always highlight technical certifications relevant to the job i.e. CFA / Lean Six Sigma / PMI-ACP
3. Identify the day-to-day tasking of the job at hand, inform your hiring manager that you’re already performing similar routines in your current job.
4. When contacting your hiring manager via email or phone, always be straightforward and succinct with your points. Do NOT beat around the bush and write out a grandiose poem of how you’re good. Keep the request clear and concise, you’ll be doing HR a huge favour.
25-05-2020 10:35 PM
Unregistered
Quote:
Originally Posted by sharon.yeo View Post
Nothing wrong with a fresh graduate negotiating salary, although current job market may be quite challenging to do that.

However, with every salary negotiation, the key is to put together a compelling case to the employer of why you deserve the salary you are negotiating for. If an employer is deciding between you and another candidate - why should you be paid $x more?

This is definitely more challenging for fresh graduates with minimal or no experience. Think about whether you can justify the incremental salary with relevant internships you may have done, skills you have developed that's directly applicable in the role, a compelling portfolio, or what you can tangibly contribute.

One tip is that you can look at the company's goals and business problem, and put together a proposal or action plan on what you will implement if you are hired.
At this current situation, it is tough for companies to give you a higher salary. Companies are on preservation mode now. Dont give a textbook answer on how to negotiate for a higher salary.
25-05-2020 10:12 PM
sharon.yeo Nothing wrong with a fresh graduate negotiating salary, although current job market may be quite challenging to do that.

However, with every salary negotiation, the key is to put together a compelling case to the employer of why you deserve the salary you are negotiating for. If an employer is deciding between you and another candidate - why should you be paid $x more?

This is definitely more challenging for fresh graduates with minimal or no experience. Think about whether you can justify the incremental salary with relevant internships you may have done, skills you have developed that's directly applicable in the role, a compelling portfolio, or what you can tangibly contribute.

One tip is that you can look at the company's goals and business problem, and put together a proposal or action plan on what you will implement if you are hired.
26-04-2019 09:44 AM
Unregistered
not the same person

Quote:
Originally Posted by Unregistered View Post
Would you recommend going for a graduate program?
I've been hearing mixed reviews about it, some say its a great start ("fast track") to your career, others say it's a waste of time.
mid career go for this program is a waste of time, because of social stigma, the dept heads wonder what to do with you, who wants to take you and let u blossom.....

fresh grad go in, must perform.. or else also can get stuck wondering what you signed up for.

graduate program is not the same as "scholar" in the public service. Many people mistaken. graduate program is for you to fight for the right to enter the fish tank. once you entered the tank, great, now each department head will admire all the "fish" and choose whom they think, will develop "a beautiful colour" and may win "first prize" for them. Those people who slacken the moment they entered and think of cruising, those naturally don't get stretched and left to resign if they prefer.

of coz, some organisations do have useless graduate program after they envy the banks for finding a talent this way... haphazardly put together a program.
25-04-2019 10:52 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Would you recommend going for a graduate program?
I've been hearing mixed reviews about it, some say its a great start ("fast track") to your career, others say it's a waste of time.
Which industry u referring to? Bank/FMCG/Internet is real deal.
05-03-2018 11:46 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Speaking from experience, your first job's pay rarely matters. Go for the better program, and keep improving yourself. I went for my first job even though it paid 25% lesser, but always kept learning and pushing myself to do better. 3 years later I moved on to a job that paid more than my superior's boss.
Would you recommend going for a graduate program?
I've been hearing mixed reviews about it, some say its a great start ("fast track") to your career, others say it's a waste of time.
05-03-2018 09:42 PM
Unregistered
Quote:
Originally Posted by synchron View Post
Thanks for the replies.

I guess I should mention the reason for asking this in the first place.
I've received a couple of offers so far, and there are 2 that are particularly interesting to me.
Company A) Graduate program, overall the company I prefer (Over B)
Company B) Direct hire, pays more than 10-15% higher than Company A.

Its a pretty tough choice to make honestly. If A raises/matches B, I'll definitely accept A. But I have student loans to pay off, so salary is pretty important right now, and B's offer is much more enticing in that aspect.

The difference is mainly better company (in my opinion) and better program, vs better salary.
Speaking from experience, your first job's pay rarely matters. Go for the better program, and keep improving yourself. I went for my first job even though it paid 25% lesser, but always kept learning and pushing myself to do better. 3 years later I moved on to a job that paid more than my superior's boss.
05-03-2018 01:10 PM
synchron Thanks for the replies.

I guess I should mention the reason for asking this in the first place.
I've received a couple of offers so far, and there are 2 that are particularly interesting to me.
Company A) Graduate program, overall the company I prefer (Over B)
Company B) Direct hire, pays more than 10-15% higher than Company A.

Its a pretty tough choice to make honestly. If A raises/matches B, I'll definitely accept A. But I have student loans to pay off, so salary is pretty important right now, and B's offer is much more enticing in that aspect.

The difference is mainly better company (in my opinion) and better program, vs better salary.
05-03-2018 07:41 AM
Unregistered As a fresh grad there is no room for negotiation. When I graduated in 2012, a career coach mentioned to me that a fresh grad should not negotiate as we have very little or nothing to offer. We should ask to be paid reasonably as a fresh grad. This will protrait the right attitude to the employer.

From my personal experience, I have never negotiated as well. Mainly because I am happy with the increment I got. I had a 45% increase when I changed job in 2012.

I was in the banking sector for 3.5 years and left for a top MNC outside banking.
04-03-2018 11:35 PM
Unregistered i'm not a techie but I've been working in banks ever since graduating 5+ years ago.

Perhaps not the story you want to hear - I've never negotiated for any pay packages but for different reasons, at different stages of my working life.

At the beginning, I was one of those that kept preaching about "experience over money".. and partly because I have low expectations to begin with + I was really a timid person. I just took whatever that was given to me for as long the scope is one that interests me.
Later, my moves were mainly through headhunters who handled the negotiation for me / direct recommendations from someone up there, so its fairly straightforward - $X or I walk.

Looking back, i felt i could've done better when i was just out hunting for jobs. Honestly,for as long you approach the topic in a professional manner, I don't any sane employers will retract the offer just because you try to negotiate...though I can't speak the same for SME...

That said, before attempting to negotiate, please do your own due diligence on the market rates. And that includes corroborating the figures on the market reports.. those figures tend to be overstated in most cases...
This thread has more than 10 replies. Click here to review the whole thread.

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off




All times are GMT +8. The time now is 04:34 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2