The creator, who is a Howard alum, shared tips on negotiating valuable non-monetary perks when a company rejects a higher salary offer.
As a job candidate straight out of college, you might be able to land a decent job somewhere. But most of the time, you will not be getting paid adequately. In such a scenario, individuals will try to negotiate for a better salary. However, since they have no experience, companies will turn them down, citing various reasons. Philanthropist and mentor @rashadtheintern is here to help with his informative video for people who just graduated college.
He kicks off the video by saying that he wanted to give out some useful advice for people who were just starting out on their jobs. He then talks about how many candidates try to negotiate their salary, but employers deny these requests because they do not have money in their budget. The man says, "Then people can give you something." He then revealed that he was about to share some information with his audience that his mentor gave him and he only shared it with his close friends and mentees.
The video then cuts to a paper where we see the creator outlining various requests potential employees could make with companies instead of a higher salary. He shares, "I've negotiated for a better job title, having Fridays off, half days on Thursdays and Fridays. I've negotiated bonuses." The man reveals that some people might be nervous to approach organizations and make demands. But it was important to remember that companies were either going to make money or save money if they employed somebody.
So it was only reasonable that employees either make sure that they're paid satisfactorily or have other perks to compensate for lesser pay. He ends the video by saying, "Because a lot of times, if you're early in your career, or you're doing internships, you might be getting underpaid." Netizens loved the creator's useful advice and shared their own insights in the comments section. @beanieween1e commented, "The job market is so tough right now, I'm taking anything."
@arneshaofficial shared, "Finance Director here. This is gold! Y'all better ask for something! Every company has a discretionary fund. There's money somewhere." Another user, @thenylaco, said, "I made my first salary negotiation after college and I got an $ 8,000 increase. This is your sign to ask." @sam.mayhem commented, "I negotiated a sign-on and relocation. Got to move to Portland and New York, so get something out of them."
Communication is very important when applying to new positions to make one's demands known. A Reddit user, u/TheVideoGameCritic, shared their tale of going for an interview for a role that had a heavy workload without offering adequate pay. Upon going to the meeting, the candidate discovered that the organization was essentially looking for an "all-star" worker. The candidate had done their own research on the company while keeping their own cost of living in mind before the interview.
After the interview ended, the organization was only willing to offer a very substandard $55K annually for the role. The individual said, "After taxes in California, it doesn't make sense with mandated health insurance, student loans re-kicking in, I'd be very close to the poverty level." So, despite taking up many responsibilities, the individual would not be able to make any significant improvement to the way they lived. The candidate bluntly told their future employers that they were asking for too much with the pay they were offering.
The interviewers were quite shocked to hear the candidate speak about their funds. They left the interview, declining the job because of poor pay. While this is a different scenario, it's a lesson for all job seekers to stand their ground and make reasonable demands. Most organizations are looking to maximize profits so they can afford to give out more money. It's just a matter of asking.