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Can I still negotiate after verbally accepting an offer?

Just Got A Job Offer! But...?

  • So I just got a job offer a few days ago as an Associate Consultant for a mid-sized consulting firm (im a senior in college, graduating in June), with a base salary of 48,000 and signing bonus of 2,000 I haven't gotten the benefits package yet but I don't think it's that robust/good. I am definitely thinking of accepting this job offer, due to how difficult the job market is now What do you guys think? At this point in time I dont have any other job offers, and i have until February 11th to accept Is it best just to accept the offer now? Also, since I'm just finishing up school, i didnt negotiate my starting salary since im not sure how much leverage i have in the negotiation. Was that fine? Is my salary going to be in the right range to except from a college grad ? Thanks, any advice/tips would be great!

  • Answer:

    $48,000 salary is not a bad start, depending upon how expensive the area is where you live. If you have until feb. 11, then look and see what else you may discover. Ask the company about the benefits package now. Of you wind up having no health insurance, you could wind up spending a lot of money. In terms of the salary range, go to a website that will show the ranges depending upon age, experience, etc.

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The fact that you already have a decent job is definitely saying something. You'll go so far in life. I say go for it.

Are you joking?! 48,000?! Who wouldn't take that?!

Take the job, for a beginner 48,000 is a hell of a lot of money

I'd actually first think about what your qualifications are and if you could be getting something better. Entry-level consulting positions should be higher than 48K, at least those at consulting firms that are recognizable to some extent. Most of my friends in consulting who got their offers during their senior year of college were making between 55K-75K annually, excluding bonuses. The job market isn't actually that tough right now; at least not for white collar individuals like yourself. I'd aim for something higher than 48K if consulting is what you want to do. If you have until Feb. 11 to decide, you have some time. It's true that you may not have much leverage right now, but that's not because you're still in school. It's only because this recruiting program might be one that recruits college seniors specifically, and they try to offer the same starting salary across the board. If you feel you would be better at it than your peers (and the company can see this too), then I'd negotiate for something higher. See what other options come up over the next couple of weeks. At the end of the day, I can understand your concern and it IS a decent job after all, and obviously you shouldn't graduate without a full-time gig locked up. If you don't see any other great leads coming your way, then I'd take it. Most consulting firms should offer plenty of opportunities for promotions and raises; in a good firm you might be able to expect a 10K raise after your first year and another 20K after your second year, optimistically speaking. Good luck to you and congratulations on the offer! By the way, a signing bonus of 2,000 is way low. Most signing bonuses in consulting firms for entry-level individuals should be around 10K, or like 6K-7K after taxes. See if you can negotiate for more up front there if they're unwilling to budge on the base salary.

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