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re: Millennials: Not Negotiating Your First Job Offer Will Cost You (up to $0.5M)

Posted on 9/17/14 at 9:34 pm to
Posted by MStant1
Houston, TX
Member since Sep 2010
4529 posts
Posted on 9/17/14 at 9:34 pm to
quote:

If college grads had no leverage, they would all be paid minimum wage. That obviously isn't true. Contrary to the boomer flame being run on this board, companies don't hire you because they're doing you some kind of favor for which you should be eternally grateful. They hire you because they think you can add more value than you cost, in the short run or long run.


You're missing the point, and I'm far from a boomer. Just a millenial who has been in the work force for six years, and is now in a position to interview college grads.

The degree (and maybe an internship) is the minimum required to obtain the job. In the eyes of the employer the maximum an undergrad has achieved is the degree (+ maybe an internship). So if the employer's minimum requirement and a college grad's maximum offering are the same, then what exactly are you leveraging to negotiate a higher salary than what was originally offered?
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15051 posts
Posted on 9/18/14 at 9:37 am to
If you assume that all recent grads are entirely fungible and indistinguishable. But that's not right, either, or you wouldn't bother with searching resumes and interviewing.

The advice to millenials in this thread boils down to "always accept their first offer, no matter what!" That is literally the worst way to negotiate anything. Like I said, things are different if you've been unemployed for six months after graduation before you finally get your first offer, and I release that's a reality for some people. But for others- why lie down so easy?
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