Congratulations on receiving an offer – now what? Be sure it’s the right opportunity for you. Below are some tips to guide you from the moment you receive the offer to your final decision. In addition, the Office of Career Strategy offers meetings with advisors to discuss your options, and workshops on Salary Negotiation to help prepare you for the process.
Offers are usually extended verbally – either by the line manager, the HR professional, or a recruiter. When receiving an offer, keep in mind to:
Note: What matters is your total compensation, not just your salary. The value of benefits packages can vary considerably across offers.
Should you negotiate your offer? It depends. Do your research after you receive the offer, and try to assess compensation at similar organizations in the same job function. The window of opportunity for negotiating terms is after you have had time to consider the offer and before you accept the position --- NOT at the time the offer is initially made.
Tip: Learn more about how to negotiate effectively
- Women In Negotiations Webinar: Scotwork North America offers empowering tips to help Women in Negotiations
- Introduction to Negotiation: A Strategic Playbook for Becoming a Principled and Persuasive Negotiator: Online Coursera course taught by Barry Nalebuff, Milton Steinbach Professor at SOM. A new session begins every 2 weeks.
- How Savvy PhDs Negotiate Salary Contracts Higher: Tips from the Cheeky Scientist
- Tooling Up: Salary Negotiation Part : Advice from Science Magazine, AAAS.
- Negotiation: Closing the Gender Gap in Salary Negotiations: Talk by Dr. Kathleen McGinn, Cahners-Rabb Professor of Business Administration at the Harvard Business School, sponsored by the Yale Women Faculty Forum.
Tip: Websites with salary information
- JobStar: Job Search Guide - More than 300 industry-specific and general salary surveys.
- Salary.com - The “Salary Wizard” options provides a benchmark for salaries by industry and zip code.
- HomeFair.com - Relocation guide which includes a salary calculator, letting you know what a salary in City X is worth in City Y.
- CareerBliss.com - Quench your compensation curiosity with millions of salaries for all types of industries and jobs.
- Chronicle Data - Staff, faculty and adjunct salary data at thousands of colleges from the Chronicle of Higher Education.
If your terms are met, it is assumed that you will accept the position. It is unethical to negotiate with an employer if you have no intention of accepting the position, regardless of the outcome of the negotiations.
It is important to consider all facets of a job offer to decide if it is right for you. Be cautious about evaluating an offer solely on its salary or the prestige of the organization. Ask yourself how this position fits into your long-term goals, your work style, and your desired work-life balance. Factors to consider include:
The Work Environment
Please keep in mind that when you accept an offer, you have a professional obligation to join that employer. Reneging on an offer (i.e., accepting an offer, changing your mind and then rejecting it) is unethical and extremely unprofessional. Doing so damages your professional reputation, the reputation of Yale alumni employed by that organization and, of course, the reputation of your department and of Yale University.
Note: GSAS students and postdocs who accept an offer and then renege on their acceptance may lose access to on-campus recruiting and alumni career services.