Hi PF,
I am graduating this month with a Bachelor's in Finance. Last month, my boss at my current internship (mid-cap international company) offered me a full time position to continue working there as a level 1 financial analyst. I have agreed to continue working here, and my boss told me my official offer letter will be coming the same week I can provide a transcript for proof of my graduation.
So here is my question: I had asked my boss for an idea of my starting salary. To her knowledge, the last intern who stayed with the company and moved into a full time position was given $50k starting salary. This was in 2015. Looking at Glassdoor, the range for my area ( Rhode Island) for an entry level analyst is $48-$68k with an average of $59k. That being said, Glassdoor has the salary for a level 1 analyst at my specific company (same location too) around $63k to start.
Is it fair for me to assume this $50k my boss told me will be closer to the Glassdoor number (59-62k)? I figured if she knew it was 50k in 2015, if anything it may be mid-50's now due to inflation. I know $50k to start right out of college is great, however I want to make sure this company isn't trying to low ball me under the assumption I will take any salary I am offered. So I am trying to understand if these Glassdoor/ Payscale estimates are a good reference in negotiations. For example, I do not want to immediately accept the $50k and find out my fellow finance analysts with matching experience levels are making $63k... especially considering I have been with this company for 2 years (full time in summer, part time during school) and I know I could leverage this internship experience in salary negotiations elsewhere.
Submitted May 08, 2019 at 10:41AM by motm18 http://bit.ly/2Yhadut
