Is 65k a good starter salary?
My mind may be skewed and I know a big stereotype of students right under undergrad is overestimating how much they should be getting paid. One company I’m particularly interested in has an Accounting development program and from the research I’ve done, the low end is around 65k (I’m not sure if this includes bonuses and I also got this number from Glassdoor so it may be inaccurate). The program lasts 2 years and I’m required to relocate 4 times throughout the program. This is mainly working in corporate finance and it’s for a Fortune 300 company. I also live in the Midwest, but there are other companies that have offered me higher salaries, but I am specifically looking for companies that offer development programs. I would just like other people’s thoughts on this.
One response
Is 65k a good starter salary?
Whether or not a $65,000 starting salary is considered good depends on various factors such as the industry, location, cost of living, job responsibilities, benefits, potential for growth, and individual priorities.
In your case, considering that you are interested in an Accounting development program with a Fortune 300 company, a starting salary of $65,000 may be a decent offer. This opportunity could provide valuable experience, training, and professional development that could potentially lead to higher paying roles in the future.
It’s important to also consider the potential for bonuses, benefits, and career advancement opportunities that may come with this program. Relocating four times throughout the two-year program may offer a diverse range of experiences and networking opportunities that could prove beneficial in the long run.
While other companies may be offering higher salaries, it’s worth considering the overall value of the development program, the reputation of the company, and the potential for growth and advancement within the organization.
Ultimately, it’s important to weigh the pros and cons, consider your long-term career goals, and determine if this opportunity aligns with your aspirations and priorities. It may be helpful to research further, seek advice from professionals in the field, and consider how this opportunity fits into your overall career trajectory.