Millennials work for the cash and good health insurance — just like everybody. More than half of millennials 53 percent say compensation is more important to a job offer than corporate mission 34 percent. And 91 percent of millennials say they are most attracted to a new job by salary and benefits. But there are some job perks that will make millennials consider working for less, by as much as 12 percent. The country’s largest workforce by demographics, millennials are willing to give up a percentage of their salary for long-term job security, flexible office hours and a management structure that emphasizes mentorship and a better career trajectory, according to new research from survey software firm Qualtrics and venture capital firm Accel Partners a Qualtrics investor. According to the survey, 77 percent of millennials would be willing to take a salary cut of at least 3 percent in exchange for long-term job security. Roughly 76 percent of millennials would take a pay cut of at least 3 percent to work for a company that offers flexible office hours, and 67 percent would be willing to take a pay cut of at least 3 percent to work at a company that offers good mentorship opportunities. I would take a salary cut of 6 percent to 12 percent to work for a firm that Free food, cutting-edge mobile technology and a company’s rank as a «market leader» can help sell a firm as a desirable place to work — and a fun place for millennial workers to document on Facebook — but career-oriented millennials don’t see these perks as bargaining chips an employer can use in negotiating a job offer. Roughly 80 percent of millennials surveyed by Qualtrics said that health-care coverage is the most important benefit, while in-office perks, like games and sports opportunities, are the least important. On the flip side, 65 percent of millennials said it would take a salary increase of 20 percent or greater for them to consider switching jobs. Jon Salas, 28, recently took a big pay cut to leave the «cardboard dry culture» at a multinational human resources consulting firm where he felt isolated from bosses and colleagues.
Salaries can fluctuate between employers even for the same job. If you are applying for a job in a different industry or profession than where you are most experienced, you may see an even greater difference between the salary of your last position and your current job offer. Whether you should accept a job offer below your worth depends on a number of factors. If you get a job offer a week after your start your job search, a low starting salary for a new job may not look that lucrative. You believe that you know your self worth and may be confident that other employers will see your potential as well. But if you have been looking for a job for several months, you may feel differently. After a long period of unemployment, your savings may be depleted, and any salary sounds better than losing your home. You may have a better idea of what is a fair offer in the current economy. When you decide to change your industry or profession, in essence you are starting over. That may include your salary. You may need to accept a lower salary at an entry-level position to gain the experience you need to qualify for a more prestigious job and the salary that comes with the new job title.
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You can minimize the shock of a pay cut by researching the new industry or profession prior to ever filling out a job application, then negotiating a better salary during the hiring process. Be ready to show how your experience translates into the new profession. You have a standard of living to protect.
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In an ideal world, your pay would keep going up and up until the day you retire. Among college-educated workers, pay growth tends to top out at age 40 for women, early 50s for men, according to the salary research site PayScale. But in some cases, taking a lower-paying job can make financial sense. Once you pass 50, you know that the risk of a layoff looms large. A recent study of workers over 50 by ProPublica and the Urban Institute found that more than half of workers who had seemingly stable full-time jobs at age 50 report being pushed out of at least one job, if not two or three. Returning to the workforce after a late-career layoff almost always goes hand in hand with a pay cut. Out-of-pocket healthcare costs keep rising as you get older.
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The company may wonder if you would stay with the organization if you received a better offer. They also may be concerned about why you would work for a smaller paycheck. An organization doesn’t want to invest in training a new employee if they think they may not be working for the company for very long. If you’re considering a job with a lower salary, make sure you’re financially comfortable with the decision, and can comfortably live on the lower income. One approach is to clearly state your view regarding the comparative advantages of your target position in terms of your anticipated job satisfaction. Go beyond general statements about how appealing the job may be to you, and be sure that you mention specific elements of the role which are attractive. Clarify why those job duties are appealing by referencing specific interests which would be tapped, and skills which would be utilized if you were hired. Be careful not to devalue your current job or criticize supervisors or management as you make the case for how you would prefer the job for which you are interviewing. Another option is mentioning changes in your life situation which allow you to pursue a job which is less lucrative, but more in line with your interests.
Method 4. If not, why not organize one? Do some online research to see what others have said about working with local pawn shops. With these, you will be able to set your own price but you are also responsible for all organization, including including payment processing and shipping.
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For college textbooks, many campus bookstores now provide «buyback» services. It will look good further down the road on your resume if you evenutally decide to leave. The more people who are aware that your garage sale is taking place, the more people who will show up! I don’t mean to be doing that; but, in reality, they will know full well that you are underpaid, and that you will still be in the market for something which compensates you for the work you have acccepting accomplished in school, and previous job history. Only sign up for this if you are willing to be fully responsible for those in your care. Cruise line: Video shows man knew window was open.
Money is important, but it certainly isn’t everything — especially when it comes to your job.
I’ll be graduating with my Master of Public Health in December. I’m an intern now and was offered a 2 year position at an agency doing public health work.
I know that money isnt everything but with the economy being in such bad shape. I know people are losing jobs all over and I should be grateful that I have a job. I just need some insight from. If you like the job take it. If you think you can find a better one you should do. It is your life. It is all about risk. You might go into this job and in two years leave or you might stay.
But you should also say where it is located. If it is in some place like NYC you shouldn’t take it because you need to have more money to live. Its is your choice. Ahh—we just went through the very same thing! My husband just completed his masters in a similar field, and we had to make the same decisions. Completely understand where you’re coming from, and can sure empathize. First of all, HUGE congratulations on working through your graduate degree.
This is a tremendous thing, and you are truly to be applauded! As far as taking a lesser-paying position right off the bat, you are wise in considering that a bird in the hand is worth two in the bush. The main thing to consider is this: do you have a family you are needing to accepting a job making less money Do you really HAVE to make more money to take care of others?
If this is the case, you probably need to keep looking. Don’t forget to use the individuals who work in your school department’s office as resources! The professors, assistants. I would like to strongly suggest that you accept the position, but then keep looking. This way you have a job while you look for a job. There is something psychologically-based in the way a desperate person looks for a job. And you may not feel desperate now, but if months ensue with no good prospects, it will begin to show on your face, when you are interviewing.
You could accept the position, and keep up the job search all at the same time. I’d suggest you do that right now, and not wait until out of school. I realize beginning there while still hunting may come across as encouraging disloyalty to your employer. I don’t mean to be doing that; but, in reality, they will know full well that you are underpaid, and that you will still be in the market for something which compensates you for the work you have just accomplished in school, and previous job history.
One other suggestion. With your field of study, I’m wondering if you’ve considered the State. The pay is not the most outstanding, but you can’t beat the benefits, including retirement things. If you start early working for them, the future benefits accrue like crazy, and—trust me—you’ll later be glad you did! I would assume this applies to working for the Federal Government as. Take the job.
It will give you job experience and pave way for you to find better pay job with another company. Never turn down a job when first out of school. Many places do not like to hire with out job experience. People are losing jobs and can’t find jobs in our economy.
Plus many times what they tell you in college you will make is only after many many year of work in that field.
Take any job in that field you can. Considering it’s only a 2 year position and you’re just graduating, it might be a good idea to take it. Then when you go looking for your next job you’ll have previous experience to put on your resume. And with that masters degree you’ll be pulling in some good money. I say it’s better to be doing something you love and enjoy everyday, then to do something everyday because you have to and hate it.
If you love doing the job that pays less then why not do it? Not everyone feels they need the huge house, the fleet of cool cars «hear that Jay Leno? Some are just as happy with. If you feel you can be happy making less and you don’t need all the extra crap in your life then do it. I think I would accept it. It will look good further down the road on your resume if you evenutally decide to leave.
Like you said, the economy is in ridiculous condition and some people dont even have food to eat or a place to stay. Sometimes happiness has to come before money. If it is something you really love to do then you might want to consider it But also, having very little money can be hard if you are paying bills. So if it is going to put you financially into the whole then you might not want to risk it. It might be less money that you would make somewhere else, but would it make your life harder to take less?
I’d take it you’re not locked into a contract are you? Trending News. Cruise line: Video shows man knew window was open. Social media onslaught after McGregor’s swift win. Florida python hunters wrestle invasive snakes. Experts share what not to do at a funeral.
Duane Chapman: It’s ‘a lot harder now without Beth’. Common not to know of your non-Hodgkin lymphoma? Boy arrested after 4 people killed in Utah shooting. Answer Save. RawrzImo Lv 5.
How do you think about the answers? You can sign in to vote the answer. Chad C Lv 6. Jay L Lv 7. Entry level jobs generally pay fairly low. And your field is not noted for generosity. Take the job, for the experienceand teh network you might start to build. After a year start another job search and see what happens. Adam P. Show more answers 3. Still have questions? Get your answers by asking .
In this imperfect world, well, someone needs to pay the electric. While you should always negotiate to get the best possible rate for your services, skills, and knowledge, there mojey times when it makes sense to accept less money. Sometimes, for whatever reason, salaries inflate out of proportion to specific roles.
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Maybe you were lucky enough to work for a company that gave decent raises, and started your previous job before the recession knocked out significant pay increases for most workers. Before you moneey that you know how much a job should pay, do your research. Where do you see yourself in five years? Your zigzagging line might take you right back to your old salary levels, next time you make a jump. When have you accepted a lower-paying job, and why? We want to hear from you! Leave a comment acceppting join the discussion on Twitter. Six months ago, I moved to a state. I started off applying for positions in my field but quickly found out mondy those position required different credentials. Most, if not all, required a master degree and licenses as to where they only required a bachelors.
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