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Adulting Career

How to Aim For a Six-Figure Job After College

September 24, 2021

Some folks assume you need a postgraduate degree and years of experience to land a job that pays a high salary. That’s one way of earning well, but it’s not the only way. You can aim for a six-figure job relatively soon after college—and it’s possible to do so with a bachelor’s degree.

Look at a few interesting statistics and examples of well-paying jobs and learn salary negotiation tips below.

What the Statistics Show

A National Association of Colleges and Employers study found that the average graduate earns $45,478 after graduation. Of course, some majors attract bigger average salaries. Look at engineering graduates, for example. Their average salary after graduation is $64,367, which is 42% higher.

Hang on—those are five-figure salaries. Are six figures possible, or are they just a fantasy? The Bureau of Labor Statistics (BLS) says it is. According to BLS, the average worker with a bachelor’s degree earns $60,112 per year, while the highest-paying bachelor’s degree jobs offer six-figure salaries.

Examples of High-Paying Jobs

The following jobs require a bachelor’s degree or higher, and they offer annual salaries of more than $100,000. Some positions listed below may also require professional certification.

1. Actuary

Actuaries assist individual clients and businesses to create policies that reduce the cost of risk. This involves the use of financial theory, mathematics, and statistics to assess potential risks and to calculate their financial costs. Most actuaries have a bachelor’s degree in actuarial science, mathematics, statistics, or another analytical field, as well as professional certification. You could make around $108,350 per year.

2. Computer Hardware Engineer

Computer hardware engineers research, design, develop, and assess memory devices, networks, processors, and other computer components and systems. While many engineers have a bachelor’s degree in computer engineering, some have computer science or electrical engineering degrees. According to BLS, you can make around $117,220 per year.

3. Chemical Engineer

Chemical engineers use biology, chemistry, math, and physics to design equipment and processes involving chemicals, drugs, food, and fuel. You’ll need a bachelor’s degree in chemical engineering, and to complete an engineering co-op or an internship. It’s possible to make an average of $108,770 per year.

Your chances of finding better-paying entry-level positions or of moving up the pay-scale quickly improve if you specialize and study further. The size of your salary may also depend on your negotiation skills.

Salary Negotiation Tips

Use the following tips when negotiating your salary.

1. Know your level’s salary range—Research the higher and lower ends of the salary range for your level to keep your negotiations realistic.

2. Don’t take the first offer—Employers usually have additional funds available, so don’t accept the first offer after acing your interview. Keep negotiating until they make a final offer.

3. Let prospective employers know why you want more money—Offering reasons for your desired increase can support your negotiations.

4. Let prospective employers know what other important factors would motivate you to accept an offer—This can include non-salary investment, such as relocation assistance or additional leave days that allow you to take a break and regain focus.

5. Don’t be greedy—Keep your demands in line with what others in similar jobs earn.

Only a very lucky few graduates walk into six-figure jobs after graduation. Others strive to reach that pay level early in their careers, which is possible. Let the tips above inspire you.

Adulting Career Transition

4 Tips for Finding Your First Job After College

September 18, 2021

Though you may have been able to follow a clearly defined path towards graduation throughout your college experience, at a certain point that path ends and another begins. As you finish your degree, the time comes to embark on the search to find your first job. This can be intimidating, but a basic knowledge of some of the best practices for first-time job seekers can make the initial search much smoother. Here are a few tips and suggestions to help you prepare for finding your first job after college.

Perfect Your Application Tools

It can be helpful to hone a variety of different skills that can make the application process smoother while simultaneously increasing your chances of landing a job.

One critical element of the modern recruiting landscape is a solid, polished online presence. Ideally, this is something you should be working on far in advance of your first application via cultivating a positive, professional manner throughout all of your social media interactions. Past behaviors, comments, and attitudes can all come back to haunt candidates as recruiters scour their online profiles in an attempt to learn more about them.

With that said, even if you haven’t taken the time to do so yet, it is never too late to start cleaning up one’s online presence. Make sure to clean up your common social media profiles and take time to create a fully filled out LinkedIn profile in order to facilitate your communication with other professionals in your field as well as potential workplace recruiters.

It’s also crucial to prepare your resume ahead of time. While you may not have a plethora of past experiences to populate it with, a well thought out resume that properly represents your professional and academic experience, as well as any other relevant skills, is important.

When you go to apply, ensure that every application is uniquely crafted for the position you’re applying for.

Network, Network, Network

Whether you’re an industry leader with a dozen years of experience or a fledgling college graduate, the power of networking cannot be underestimated. While readers of this article will likely still be in the early stages of their career, it is still absolutely worth the time to invest in networking with professionals within your industry. Great avenues for networking include attending professional organization meetings for those in your field and reaching out to a potential mentor on social media. Whatever avenue you choose, finding ways to network is an excellent way to increase your chances of finding a job quickly.

Use the Resources You Have Available

College graduates typically have a host of various resources available to aid them in their search for employment. If your institution has a good alumni network, it can be beneficial to try to tap into it. Another option is to take advantage of your school’s career center and meet with a career counselor to discuss ways to go about your job search. This can be helpful for refining your search, perfecting your resume, and helping to work through any other questions you might have.

Making It Through the Interview

There’s nothing more exciting (or nerve-wracking) than getting your first interview. Naturally, you’re going to want to do everything you can to prove you’re the best candidate for the job. Here are a few tips for successful interviews:

First and foremost, you need to dress the part. Even if the job you applied for has a casual dress code (or you’ll be working from home in your pajamas), you must dress professionally for your interview. First impressions are everything! 

Second, it’s always a good idea to practice your answers to common interview questions. You don’t want to find yourself tongue-tied or coming up blank when potential employers are asking questions you should have expected. It’s practically inevitable that you’ll be asked the old chestnut “Tell me about yourself,” so be ready with a professional, authentic answer.

Finally, whatever you do, don’t speak negatively about your previous employers. Prospective employers will end up thinking you aren’t capable of resolving problems with your managers through negotiation and diplomacy. You may be perceived as a gossip, complainer, or simply unprofessional. If you’re asked why you left previous jobs, have constructive answers that don’t put the blame on a specific person (i.e. “there was no room for advancement.”)

Accepting a Job

Once you begin to hear back from recruiters, you’re going to want to prepare for job offers that could follow. If you decide to accept a job, make sure to be thoughtful and respectful in your acceptance in order to maintain a professional demeanor as you prepare to join the ranks of your new employer.

Typically, a job will first be offered over the phone or in person. If you accept, a formal job offer letter will follow. If you feel you need time to consider the offer, don’t be afraid to ask. In fact, rushing to accept a job can often be a mistake. Just make sure your request for time is made respectfully. Once accepted, make sure you understand when you are to begin working. The one thing you should absolutely avoid doing at this point is negotiating over the salary. This should be done earlier in the process and can appear dishonest if done after an offer has been made.

As a final note, once you receive the formal job offer letter itself, make sure to respond appropriately in turn. There is more than one way to accept a job offer, and it’s likely you’ll accept the offer initially over the phone. However, whether you accepted on the phone, or asked for additional time to make your choice, once you have reached a conclusion, it is important to confirm your acceptance of the job offer in writing. An official job offer thank you letter typically reiterates the primary details of the offer, the start date, and a personal acknowledgment of your interest or excitement in starting at the company.

Confidence is Key

If you take the time to prepare for your job search, you are much more likely to find success quickly. Not only that, but a professional approach to your search and a polished, pulled-together demeanor as you go through the hiring process will enable you to start your new job with confidence and likely create an added level of respect from your new employer as well.

BIO: Sam Bowman has a passion for learning. As a seasoned professional writer, he specializes in topics about people, education, tech and how they merge. In his spare time he likes running, reading, and combining the two in a run to his local bookstore.