The Smart About Money website will be retiring on July 31, 2021. Learn more about this decision.


3: Analyze Your Habits


The career you choose will greatly affect your ability to reach your financial goals. And, it’s no secret — the higher you start on the earnings scale, the more you will make over the course of your career.

Arm yourself with as much information as possible when negotiating your salary. Know how much you need to meet your financial obligations, how much others in similar positions make, and what you need to offset taxes and other liabilities.

Good negotiators can assert themselves, based on their needs and knowledge, to get a higher starting salary, greater benefits and other perks. Here are some tips based on information from CareerOneStop to become a better negotiator:

6 things to do to when negotiating your salary

Don't Forget the Perks

In addition to your salary, look at the whole compensation package. Don’t forget to ask about these perks as well:

  • Tuition reimbursement
  • Student loan repayment options
  • Recruitment incentives for specialized skills
  • Relocation allowances
  • Compensated time or flexible scheduling
Course Home