Am I setting my salary requirement too low?

  • Thread starter Thread starter BradP
  • Start date Start date
  • Tags Tags
    Salary
Click For Summary

Discussion Overview

The discussion revolves around the appropriate salary expectations for a recent mechanical engineering graduate, focusing on the implications of setting a low salary requirement and strategies for salary negotiation. Participants explore various perspectives on how to approach salary discussions with potential employers.

Discussion Character

  • Debate/contested
  • Exploratory
  • Technical explanation
  • Mathematical reasoning

Main Points Raised

  • One participant suggests that setting a minimum salary of $35,000 may appear low and could impact perceptions of competence.
  • Another proposes leaving the salary requirement blank or stating it as negotiable to avoid underselling oneself.
  • Several participants argue that $35,000 is significantly below the expected starting salary for mechanical engineers, with some citing figures around $60,000 as more appropriate.
  • Concerns are raised about the potential negative implications of low salary expectations on future salary negotiations and self-worth in the workplace.
  • Some participants emphasize the importance of researching market rates for salaries based on location and experience level.
  • There is a discussion about the strategy of not disclosing a specific salary first during negotiations, with differing opinions on the effectiveness of this approach.
  • One participant notes that salary expectations can vary significantly based on geographical location, citing Detroit as an example where starting salaries may be lower.
  • Another participant highlights the importance of understanding the median salary for one's experience and skills to negotiate effectively.

Areas of Agreement / Disagreement

Participants express a range of views on salary expectations, with no consensus on the best approach. While some advocate for higher salary demands, others suggest more flexible or negotiable terms. The discussion remains unresolved regarding the optimal strategy for salary negotiation.

Contextual Notes

Participants mention that salary expectations can depend heavily on geographical location and market conditions, which may not be universally applicable. There are also references to varying salary standards in different countries, adding complexity to the discussion.

Who May Find This Useful

This discussion may be useful for recent graduates in engineering or related fields, job seekers considering salary negotiations, and individuals interested in understanding market salary trends and negotiation strategies.

  • #31
kote said:
Starting salaries are set company-wide, regardless of location. I'm pretty sure this is standard practice for large companies, which means salaries won't vary much by location for the same position.

I work for a multi-national, which means that you have wildly different salaries for different countries. An entry level position in India will pay a lot less than one in California. However, the tendency is to close offices in places with high salaries and then open offices in places with low salaries, which means that there are ten times as many entry level programming positions in Bangalore than in the US.

Within a company, there may be relatively small differences in salary, but the really big differences come in where companies choose their offices.

I should point out that this deeply worries me since I'm a US citizen, but one interesting thing about working for a multinational is that a lot of the people that you work with aren't US citizens and so have no particular concern for the United States. You aren't going to be able to appeal to US patriotism, if they person that makes the decision to move 1000 jobs from the US to India happens to be German.
 
Physics news on Phys.org
  • #32
Andy Resnick said:
One thing is clear; it's difficult to get an accurate number.

Yup. One site that I highly recommend is www.glassdoor.com since that gives a pretty good number.

Also, big companies have people in HR that do nothing but try to figure out what market rates are. The main reason they ask you for a number isn't for your benefit but for their's since it helps them do market research.

That's also a weird difference between industry and academia. In academia, at least with public universities, professor salaries are public records that are in the budget, which you can get in the library.
 
  • #33
twofish-quant said:
Also, big companies have people in HR that do nothing but try to figure out what market rates are.
They also subscribe to services whose sole purpose is to gauge salaries. So do medium and even small companies.
 
  • #34
Thanks everyone; I guess it is time to stop shooting myself in the foot. I am glad I asked.
 

Similar threads

Replies
8
Views
2K
  • · Replies 20 ·
Replies
20
Views
4K
Replies
12
Views
15K
  • · Replies 5 ·
Replies
5
Views
3K
  • · Replies 13 ·
Replies
13
Views
5K
  • · Replies 12 ·
Replies
12
Views
4K
  • · Replies 9 ·
Replies
9
Views
2K
  • · Replies 10 ·
Replies
10
Views
3K
  • · Replies 2 ·
Replies
2
Views
3K
  • · Replies 11 ·
Replies
11
Views
5K