The Investing Blog
The Investing Blog
You’ve just scored that job offer — what a victory! This is a moment to pop the confetti. Get ready; discussing your first salary is a key financial moment.
Many young professionals feel anxious when it’s time to negotiate their first salary. But here’s the hard truth: negotiating isn’t a sign of greed. It’s a celebration of your skills, education, and boundless potential. Embrace the art of negotiation—it’s your chance to shine!
In this guide, we’ll unlock the secrets to confident negotiation. Armed with practical tips, you’ll lay the groundwork for a solid financial future. Each technique helps turn uncertainty into confidence. You’ll build a strong foundation right from the start.
Your starting salary does more than determine your first paycheck — it influences:
Quick Insight: If you negotiate £5,000 more at the start, it can lead to tens of thousands more in earnings later, thanks to compounding raises.
It’s completely normal to feel:
However, employers expect negotiations. Many offers have built-in flexibility, assuming candidates will negotiate.
Negotiating professionally shows:
Know what’s fair for your role, experience, and location.
Research sources:
Important: Consider location and industry demand. A marketing assistant in London earns more than one in Leeds.
Beyond industry averages, highlight what makes you special.
Ask yourself:
You’re not only negotiating as a “new graduate” — you provide valuable skills.
Craft a positive, confident script.
Example:
“I’m excited about this chance and know I can help the team.” “I want to talk about a salary of £[Target Salary]. My research and experience with [specific skills/projects] support this.”
Key tips:
Practice makes you powerful.
Negotiate after receiving the formal offer, but before accepting.
Bringing up salary too soon, like in the first interview, can hurt your chances. Wait until they want you — that’s when you have real negotiating power.
Celebrate!
Stay calm. Other negotiation points can include:
You could also suggest a 6-month review tied to a performance-based raise.
Maya, a 23-year-old graphic designer, received a £24,000 offer. After researching industry averages and practising her script, she negotiated £26,000. She also secured a £500 signing bonus.
Maya reflects:
“I was terrified, but rehearsing made all the difference. Negotiating showed I took my career seriously — and my employer respected that.”
Takeaway: The scariest step often unlocks the greatest rewards.
Sometimes true, particularly in:
In these cases, focus on negotiating:
Should I negotiate if the offer already seems good?
Yes! Always ask respectfully. You might uncover flexibility — and you’ll practise a valuable skill.
How much more should I ask for?
Based on your research and market demand, a 5–10% increase over the initial offer is usually fair.
Could negotiating lose me the offer?
Extremely unlikely if you stay professional. Employers expect it — and often appreciate the professionalism.
Salary negotiation might feel nerve-wracking, but it’s a skill you’ll use your whole career. The courage to negotiate early on can dramatically influence your long-term financial health.
Ready to own your conversation?
You’ve got this — and you deserve a salary that recognises your worth.