starting salary
Initial compensation package
Starting salary is the pay offered when beginning a new job, before raises, promotions, or seniority adjustments.
It establishes the baseline for future compensation: The starting salary was modest, but the benefits were excellent.
Negotiating starting salary matters because raises are often calculated as percentages of it.
- entry-levelRequiring minimal prior experience
- compensationPayment for services rendered
- annual incomeMoney earned per year
- paycheckCompensation for labor
- negotiateDiscuss to reach agreement
first job · pay grade · offer · hire · benefits · annual · hourly · job · graduate · career · junior · base · package · signing bonus · income · take home pay · employer · contract
- compensationpay, income, wage, bonus, payment
- wageswage, pay, paycheck, income, earnings
- labor economicsjob market, labor supply, labor demand, employment rates, unemployment rates
- payrollpaycheck, gross pay, net pay, pay stub, pay period
- salary negotiationraise, counteroffer, pay raise, offer letter, final offer
- salary termsentry level, junior, mid-level, senior, executive
starting salaryseverance pay
Compensation upon job termination
pension · retirement package · golden parachute · final paycheck
starting salaryraise
Lift or increase
salary increase · pay raise · promotion · merit increase · cost-of-living adjustment
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