Tag: entry-level job

How to Negotiate a Job Offer

Congratulations, you got an offer! That’s great news and here’s more: negotiating the details of an offer is part of the process of getting hired. One important thing to remember is that entry-level jobs are not always open for salary negotiation but that doesn’t mean that you can’t work with an employer to make sure you get a combination of salary and benefits that will work for you.

In order to make the process as easy and effective as possible, here are some things to remember as you negotiate.

Do your research.

Do you know the going salary for an entry-level job in customer service? What about for a computer science major with several internships under her belt? If you’re not sure of the answers, it’s time to do some research. Luckily, there are several sites that can help make the process both quick and easy. To get a better idea of the average salary for a specific job or industry, head over to Glassdoor. In addition to providing detailed salary information for entry-level roles, Glassdoor also has a breakdown of how salaries vary by city. This is great news for graduates who are looking to relocate or those who are comparing several different jobs at once.

After you’ve gotten a good grasp of the salary range for your dream job, dig a little deeper by finding out more about the company you’re negotiating with. Our company pages are a great resource for this type of information, and they can offer you fantastic insight into your potential employer.

Know your value.

Whether you’re coming to the negotiation straight from a well-paid internship or starting from scratch without much professional experience, you don’t need to tell potential employers what you earned at previous part-time jobs. Not even if they ask directly. Instead, use your research to come up with a salary that’s within the range for an entry-level job in your chosen field, and tell the hiring manager that you’re looking for a salary within that range.

The conversation will usually go something like this:

Hiring Manager: “Let’s talk a little bit about the salary for this position.”

You: “Great! Based on my experience and skillset, I’m looking for a salary in the $35,000-$40,000 range. I think that I would be a great fit for the role and would love to discuss compensation if that salary is in line with what you had in mind.”

Be confident but not cagey. Employers appreciate you coming to the table informed and enthusiastic, but they’re likely to be put off if you’re too aggressive or hesitant during the negotiation process.

Don’t get discouraged if the offer is lower than you expect.

If you do receive an offer that’s lower than you expected, your first impulse might be to panic. Don’t. While salary negotiation isn’t possible with some entry-level roles (like investment banking or consulting), a lower often doesn’t always mean that your potential employer. This is where your research will come in handy. In addition to giving you the confidence to negotiate effectively, it will also give you the opportunity to see what other perks the job might offer. For example, if you’re looking for a role that allows for great work-life balance or you really like the company culture, those benefits are likely to also play a role in your decision. Think about the offer as a whole and see how you can work with the employer to make it fit your needs.

Be grateful, not entitled.

One of the most important aspects of negotiating a job offer is saying thank you as soon as you receive it. Receiving an offer is a great sign that an employer sees your potential and believes that you would be a good fit for the role. Here’s how to show your excitement and keep the conversation going:

“Thank you for the offer, I’m really excited about the prospect of joining the team! I appreciate the current offer of $35,000 but based on my skills and experience, I was expecting an offer in the $40,000 range. Can we look at a salary of $40,000 for this position?”

Negotiating a job offer can feel a little intimidating, especially if it’s your first one. The best way to maximize results is to go into the process flexible and informed. And if you need a little extra boost of confidence, remember that the person on the other side of the table wants to work with you and they’re invested in helping you succeed.

Next, get more career tips for internships and entry-level jobs such as How Do I Get a Job in Another City or State? and find answers to common interview questions such as Would You Work Holidays And/Or Weekends?

What Is a Financial Analyst?

Being a financial analyst is one of the most popular career paths in finance. This is largely because analysts can work in a range of industries and also because the field has some great benefits, including a high earning potential. If you’re a business or finance major, a financial analyst role is definitely worth considering. Even if you’re not currently majoring in a related discipline, you might be interested in finding out more about this role and deciding whether it could be a good fit for you.

Here are some of the key things you need to know about being a financial analyst.

What is a financial analyst?

A financial analyst is someone who makes business recommendations for an organization based on analyses they carry out on factors like market trends, the financial status of a company (or companies) and the predicted outcomes of a certain type of deal. Analysts typically have academic backgrounds as business, finance or accounting majors and are numbers-driven individuals who are comfortable interpreting data and making recommendations based on that data.

What do financial analysts do?

Financial analysts are primarily responsible for creating financial models that can predict the outcome of certain business decisions. In order to do this properly, they need to aggregate a large amount of financial data while also taking in account factors like financial market trends and past transactions of a similar nature. Because the role can be quite different depending on where an analyst works — for example an analyst at an investment bank will be much more focused on assisting with deals and mergers that one working for an insurance company — the industry an analyst chooses to go into defines their day-to-day responsibilities. Overall however, analysts play a significant part in providing decision-makers with the information they need to increase revenue and manage assets successfully.

What are the challenges of being a financial analyst?

Finance is a very data-driven industry and one of the challenges of working as an analyst in being able to analyze and interpret financial statements, market trends and microeconomic conditions in order to offer recommendations on potential business deals and decisions. In addition to the technical challenges involved in aggregating and interpreting this complex data, one of the other challenges analysts face is the fast pace of the finance industry. Fortunately, by knowing what to expect and getting the right training, these challenges can be overcome.

What are the benefits of being a financial analyst?

Although working as a financial analyst does present some challenges, it’s also a career path filled with opportunities, particularly when it comes to having your pick of industries. This is because financial analysts play a necessary part in almost every area of business so whether you’re passionate about music or interested in technology, you’re likely to find an opportunity that’s right for you. In addition to having flexibility when it comes to industries, you’ll be playing a crucial role in pulling together the information required to make these decisions and to develop new strategies. In addition to learning new skills like how to create models in Excel and participating in exciting business processes, being an analyst will also offer you the opportunity to develop a strong professional network, an asset which you can continue to nurture throughout your career.

What is a typical financial analyst salary?

Entry-level financial analyst salaries start at $55,500 (including bonuses and commission). For analysts working in investment banking and asset management, starting salaries can be much higher, typically between $100-$125,000. Irrespective of what field you choose to go into, being a financial analyst is a lucrative career with more senior analysts earning anywhere from $90,000 to $150,000.

Although being a financial analyst comes with certain challenges, it’s also a great opportunity to work in an exciting field and play a key role in the decision-making processes of an organization. If being a financial analyst sounds like it might be for you, consider taking on a summer internship and getting a hands-on feel for the position.

Next, get more career tips for internships and entry-level jobs such as the Top 10 Things You Should Look For in a Company and find answers to common interview questions such as Are You Willing to Travel?

What Does A Day In The Life Of A Communications Specialist Look Like?

From writing press releases to organizing events, communications specialists enjoy a lot of excitement in their day-to-day work. If you’re thinking of working in communications, you might be wondering what a day in the life of a communications specialist looks like: Is it mostly responding to media enquiries or are you more likely to attend a lot of meetings? The answer depends on your specific role. However, although the tasks might vary from one day to the next, most communications specialists do a combination of the following things:

Responding to media enquiries

One of the key aspects of a communications specialist’s job is to respond to incoming media enquiries. This can include setting up interviews or handling questions about a potential company problem. Whatever the case, communications specialists are responsible for always putting their best foot forward. They also must always act with the company’s best interest in mind.

Crafting press releases and other types of content

Communications specialists are in charge of creating various types of content. That said, they must also ensure that messaging is consistent and in line with company policies. As such, communications specialists often spend time writing, editing, and sharing content with different audiences. This can include the media or the company’s clients

Meeting with teams within the company to provide communications training

For communications specialists who focus on internal communication, providing communications training is an important part of the role. This includes ensuring that employees are aware of key phrases the organization uses when referring to itself. It also means educating employees on the importance of an integrated communications strategy. This ensures they best represent the company when talking to customers or the public.

Organizing events

Another important part of a communication specialist’s day is organizing events. These events can range from fundraisers hosted by the company on behalf of a charity and public events designed to build relationships between the company and their customers. Above all, communications specialists are responsible for ensuring that these events are covered by media outlets and that the generate positive buzz around the company.

A diverse and exciting career, communications offers a lot of opportunities for growth while giving you the skills you need to succeed in your role.

Career Opportunities For Psychology Majors

Learning about the ins and out of human behavior opens the doors to a number of different career paths. This is especially true for people focused on helping others. In fact, because of the strong skills you’ll develop as a psychology major, you’ll be in a great position to find a career that’s right for you.

Still, there are many options for psychology majors. Here are some of the most common career paths for this group of students.

Psychologist

As a psychologist, you’ll be working with patients in a one-on-one or group setting. You’ll address personal and mental health issues. This career requires an advanced degree, typically either a Ph.D. (Doctor of Philosophy) or a Psy.D (Doctor of Psychology). Each of these requires approximately four to seven years of study.

This is a wonderful opportunity to learn about the various challenges people face in their personal lives. You can also help them assess and treat those problems through behavioral therapy.

Social Worker

Yet another rewarding career path for those who are interested in helping others overcome personal challenges is the field of social work. Based at a clinic, school, or nonprofit, social workers are licensed professionals who help clients work through a variety of different issues. These can include coping with physical health problems, divorce, or even drug addiction.

Depending on the type of setting you choose to work in, you might be addressing several types of issues or focusing on one in particular. No matter what setting you choose, you’ll be making a big impact in the lives of the clients you work with.

Professor

Love research and teaching? Academia is right for you. As a professor, you’ll divide your time between the classroom and your own research. Working directly with undergraduate and graduate students, you’ll help them grasp the intricacies of psychology. You’ll also help them design and implement research projects that will further existing research in the field.

Guidance Counselor

If you love working with students in more of a mentorship capacity, then consider becoming a guidance counselor. As a guidance counselor, you’ll be helping students plan their academic path and prepare for college. You’ll also work with students on their personal development, helping them address any challenges they face.

Career Counselor

As a career counselor, you’ll help college students and professionals identify and achieve their career goals. From guiding clients on their various career options to recommending relevant professional development classes and editing resumes, you are a valuable resource for all career-related matters.

Whether you’re helping patients overcome personal challenges or teaching others about the field, being a psychology major can open the door to many exciting career opportunities. To find out which one is right for you, try taking on an internship. It’s a great way to get a hands-on feel for a role that interests you.

Next, learn more about this college major. Check out What Is a Psychology Major and Is it Right for Me? and get more career tips for internships and entry-level jobs such as How to Set Career Goals (and Meet Them).

How to Get a Mentor at Work

Whether you’re working at a summer internship or embarking on your first full-time job, getting a mentor at work is one of the best things you can do for your career. A long-established practice, mentorship helps you develop your professional skills while also giving you a better sense of how to navigate challenges (and successes) in the workplace.

Here are the steps you should take when seeking out a mentor at work.

1. Outline your professional goals

Before you can establish a relationship with a mentor, you need to know what you want to get out of it. Are you interested in developing your managerial skills or more focused on identifying a career path you can follow for the next three to five years? Your answer will determine what type of mentorship you need and help you get a sense of the kind of person who can help you achieve those goals.

Pro Tip: If you’re not sure of your exact goals, make a list of the things that you’re most interested in achieving professionally. This can include projects you want to work on, positions you want to hold and the type of environment you want to work in. Once you have your list, structure your goals according to priority and create an actionable plan based on your highest priority goals.

2. Identify the type of mentor who can help you achieve them

Now that you have a good grasp on your goals, identify one or two people at your company who can help you achieve them. For example, if you’re working as an account executive on a sales team and your goal is to become a relationship manager, a current relationship manager or account director could be a great mentor.

Pro Tip: Your mentor doesn’t necessarily have to be someone in a more senior role. Depending on your goals, you might decide to pick a peer instead. This can be especially helpful if you’re trying to learn skills that will help you succeed in your current role and another team member has already successfully developed those skills.

3. Establish a connection with your potential mentor

If your company has a mentorship program, this is a great place to start since mentors in these programs are already willing and able to take on mentees. If not, the best way to develop a relationship with a potential mentor is by asking them to grab coffee and chat about work. If you’re on the same team, you can use your current projects as a starting point. If you’re on different teams, you can explain why you think their expertise is valuable and what you’d like to learn from them.

Pro Tip: Although asking someone to be your mentor might seem a little awkward, it doesn’t have to be. In fact, most people are flattered by the prospect of being asked to mentor others. By establishing a good rapport beforehand, you’re more likely to get a positive answer and to start things off on the right foot.

4. Develop a mutually beneficial relationship

Once you’ve gotten a sense of whether or not the person is interested in becoming your mentor, the next step is to outline your goals and explain how they can help you achieve them. Since your mentor is likely to be a busy professional with a lot on their plate, coming to the mentorship with a clear sense of what you’re hoping to get out of it will ensure that you maximize the time you have with them while also being mindful of their busy schedule.

Pro Tip: A good mentor-mentee relationship goes both ways and it’s important to keep this in mind when you’re establishing a relationship with your mentor. The best way to ensure that you’re adding value to the relationship is by asking your mentor if there is any way that you can help them in return. For example, if your mentor is working on a project that you’d like to learn more about, offer to pitch in and help even if it’s not part of your current responsibilities.

Having a mentor at work can be a wonderful way to advance your career while learning new skills and refining your professional goals. If you’re interested in finding a mentor, having a strong sense of what you want to get out of the relationship (and what you can give back) will go a long way toward helping you establish a great mentor-mentee relationship.

Next, get more career tips for internships and entry-level jobs such as Common First Job Mistakes and How to Avoid Them and find answers to common interview questions such as What Motivates You?

How to Become a Psychologist

Becoming a psychologist is a wonderful opportunity to help patients work through mental health issues and address challenges in their personal lives. If you’re a psychology major, or just considering a career in the mental health field, then you might be wondering what you need to do to become a psychologist. Do you have to pick a specialty before you go to grad school? Do you need to get both a master’s and a Ph.D.?

Here are the steps you need to follow when getting started on a psychology career.

1. Earn a bachelor’s degree in psychology or a related subject

Since being a psychologist requires a graduate-level degree (such as a Ph.D. or Psy.D.), you’ll need to earn a bachelor’s degree before you can focus on more advanced training. Although a psychology degree is recommended since it will give you great insights into the subject and prepare you for advanced study in the field, it’s not necessary to have one. In fact, any major that helps you build critical thinking and research skills will give you the tools you need to succeed in graduate school.

Pro Tip: While you don’t need to major in psychology in order to become a psychologist, most Ph.D and Psy.D. programs do require certain prerequisites so be sure to check in with your advisor and find out which ones you need to take. Once you have this information, a minor or double major can be a great way to fulfill your grad school requirements while also studying another subject you’re passionate about.

2. Select a specialty and complete a doctoral program

Once you’ve completed your bachelor’s degree, it’s time to decide on a specialty and to pick a graduate program that matches your interests. This can be anything from clinical psychology to developmental psychology and often includes both a research and a clinical component. Although some universities combine a master’s and a doctoral program into a single degree program, most schools offer individual master’s and Ph.D./Psy.D programs.

Pro Tip: Since most master’s programs last between two to three years and most Ph.D and Psy.D. programs take anywhere from five to seven years, you should be prepared for a long course of study on your way to a doctorate. The key to making the most of these years is to take a broad range of classes while also continuously refining your research interests.

3. Do a psychology internship

Before you can become licensed to practice in your state, you’ll need to complete a two-year post-doctoral internship. Focused on expanding your clinical experience and ensuring that you’re qualified to treat patients in a clinical setting, this type of internship will give you the hands-on experience you need to be effective in a patient-focused role. And because these internships are almost always approved by the American Psychological Association (APA) they are geared toward helping you develop the exact skills you’ll need to be a successful psychologist.

4. Get licensed to practice

Once you’ve completed your doctorate and your post-doctoral internship, you’ll be eligible to become licensed as a psychologist. In order to do so, you’ll need to pass a national licensure exam called the Examination for Professional Practice in Psychology (EPPP) as well as meeting any additional requirements specific to your state.

Psychology is an intriguing field with plenty of career opportunities for anyone interested in mental health. By following these steps and knowing how to set yourself up for success, you’ll be able to establish a career that will have a lasting impact in your life and the lives of your patients.

Next, learn more about this college major such as What Types of Skills Are Best for a Psychology Major? and get more career tips for internships and entry-level jobs such as 5 Tips for Getting an Entry-Level Job Unrelated to Your Major.

The Importance of Location in Your Entry-Level Job Search

In general, recent grads that are looking for their first job fall into 3 major categories when it comes to location preferences:

  1. You’re willing to go anywhere. The world is your oyster after all.
  2. You’re open to several locations but not willing to work just anywhere.
  3. You have strict location requirements. Gotta stay close to home, your boo, or whatever it is.

You location preferences are one of the primary determining factors in your search for your first job after college. You may really want that amazing non-profit gig in NYC, but if you really need to stick close to home it’s not going to do you much good to spend time wishing it was local.

Willing to Go Anywhere

If you’re willing to go anywhere, you’ve got plenty of options. In fact, the primary difficulty is in narrowing your location options to those that interest you. Even though you’re open to re-locating, that doesn’t mean that you should be willing to move absolutely anywhere.

The location of your job has a dramatic impact on how enjoyable and satisfying your job is. Particularly your first job. If you really can’t stand winter but move to Chicago to take the job there anyways, you might find yourself resenting the job all winter long. It’s important to prioritize your search efforts to focus on the locations that are most likely to bring you joy first. If you can’t find the right types of positions there, then broaden your search.

When considering the viability of a location you don’t know about, it’s important to do proper and thorough research. Here are some critical factors to consider when learning about a location for the first time:

  1. The weather. How do you deal with winter? Heat?
  2. Red state vs blue state. Knowing the political leaning of your location will help you fit in ideologically.
  3. The average age of the population. You’re young and likely want to make young friends. Don’t move to Palm Springs (sorry Palm Springs).
  4. Travel to and from the location. You’re likely going to have friends and family elsewhere if you re-locate. How easy and expensive is it to get to and from them?
  5. The local activities. What do the local folks do outside of work? Hike? Eat? Dance? Theater?
  6. The commute. You’re likely going to be making the same trip every day. What will it look like?

Open to Some New Locations

If you fall under this umbrella, congrats, you’re well on your way to an easier job search process. You don’t have too many options nor do you have too few. The trick is going to be quickly figuring out whether or not the location requirements you have align with your job interests. For example, if you really want to get into theater as a performer and eventually make it to Broadway, you’re probably not going to find the best opportunities in a small rural community.

Once you know the several locations you’re targeting, head over to some major job search sites like WayUp
to run a search for jobs in a particular location. Then sign up for job alerts by email for that location. You should start getting notified by email when new jobs pop up in your desired location. This way you don’t have to spend time constantly running the same job searches on multiple sites.

It’s also imperative to weigh the relative attractiveness of the locations you’re considering. For example, say that you know that you want to be on the west coast in a city. You’re attracted to Los Angeles, San Francisco, and Seattle. It’s important to research each city and prioritize them. The stricter you can be about your preferences in every dimension of your job search, the smoother your search will be.

Strict Location Requirements

Recent grads with strict job location requirements often either have it fairly easy or really tough. If you’re looking for a theater job and you have to be in NYC, then there’s already great alignment between your interests and your required location. However, if you’re looking for a theater job and you don’t want to go far from your home in Fargo, you likely have a major uphill battle.

When looking for entry-level employment in a single location there are several specific tools that can help you right off the bat. First, head over to major job search sites like WayUp to search for jobs and create job alerts by email for that location. This way, you see every job that pops up in that location. Ideally, you set your filters for entry-level jobs only so you don’t have to comb through endless part-time and senior-level roles. Second, leverage the career resources available in that location. If you’re looking in the same city as where you attended college, head on over to the career center.

Career centers often partner with local businesses looking for great entry-level talent.
Otherwise, check out the city’s official website. There will often be lots of helpful advice on gaining employment in that particular location.

Location is critical when searching for entry-level jobs. Make sure you don’t underestimate just how impactful the right location can be on achieving success in your first job after college. We’ve got other great tips to
help you get started on your entry-level job search and land an entry-level job without any experience.

Next, get more career tips for internships and entry-level jobs such as What is an Entry-Level Job? and find answers to common interview questions such as Tell me about yourself.