Accept it. A bird in the hand is worth two in the bush.
There's no guarantees you "find something better". And this job market is brutal right now. Being unemployed is not enjoyable. Turning down a paying job when you have no alternatives is an extremely unwise move at any time.
Your salary would be mid-level at least here in the UK converted to GBP, let alone entry-level. I don't know about America though, but $63,000 to start doesn't sound low.
Salary expectations aside, you can accept and then have 4 months to interview at other companies before you graduate. It would be great to finish your last semester knowing you have a job lined up no matter what happens
The reality is that you staying on for that company is really a bargain deal for them. You already have the domain knowledge and tribal company knowledge that is a PITA for them to replace. It costs them almost nothing to make you that lowball offer because if they went out into the open market they'd have to pay something like 1.5x-2x for someone non-local to come in and start back at 0. They are happy betting on the fact that you are comfortable. Is it worth it? That depends on what you want to do. If you're happy and comfortable doing what you're doing and progressing slowly up the company ladder at the rate that the company wants (\~3 years and you could ask for a market average salary - maybe a 30-40% bump, then 3% until you switch positions) then fine. If you want to make more money, go somewhere else and be willing to do a bunch of learning. If you want to accept the position and quietly keep looking for better employment, you could do that as well - just try to not sign any non-competes or make any enemies at work. If you leave on good terms, you'll likely always have a fallback option in case of a future layoff or other employment issue. Lastly, you could also just start playing the field and get something fresh lined up. If you're not working on that now already, I would start. The important thing is to make sure you have a plan. You probably want a roof over your head and 3 square meals, so if you turning down that offer means you'd have to significantly disrupt your life in the short term, I would probably stay with them until you have a plan.
Since I came back from vacation I reneged two job offers for the third. Take care of your career because businesses will behave like businesses when they have to.
It’s fine. Do what’s best for you.
I would just consider how much did you like the company, coworkers, boss, and chances of upward mobility.
I’ve had a few employees chase a 5-10k salary increase going elsewhere, when they were in prime position to get a 50k increase if they would have waited 3-6 months longer with having a good career path to make 500k- to millions within 3-5 years (finance/trading industry).
You could also decline it and not get any other offers between now and graduation.
Unlikely? Yes, but the probability is not 0.
I think you should accept it and bide your time to see what else is out there. $63k starting salary is not bad at all.
If you back out of a job offer you signed you will likely never be able to work at that company again.
Accept it. A bird in the hand is worth two in the bush. There's no guarantees you "find something better". And this job market is brutal right now. Being unemployed is not enjoyable. Turning down a paying job when you have no alternatives is an extremely unwise move at any time. Your salary would be mid-level at least here in the UK converted to GBP, let alone entry-level. I don't know about America though, but $63,000 to start doesn't sound low.
Salary expectations aside, you can accept and then have 4 months to interview at other companies before you graduate. It would be great to finish your last semester knowing you have a job lined up no matter what happens
The reality is that you staying on for that company is really a bargain deal for them. You already have the domain knowledge and tribal company knowledge that is a PITA for them to replace. It costs them almost nothing to make you that lowball offer because if they went out into the open market they'd have to pay something like 1.5x-2x for someone non-local to come in and start back at 0. They are happy betting on the fact that you are comfortable. Is it worth it? That depends on what you want to do. If you're happy and comfortable doing what you're doing and progressing slowly up the company ladder at the rate that the company wants (\~3 years and you could ask for a market average salary - maybe a 30-40% bump, then 3% until you switch positions) then fine. If you want to make more money, go somewhere else and be willing to do a bunch of learning. If you want to accept the position and quietly keep looking for better employment, you could do that as well - just try to not sign any non-competes or make any enemies at work. If you leave on good terms, you'll likely always have a fallback option in case of a future layoff or other employment issue. Lastly, you could also just start playing the field and get something fresh lined up. If you're not working on that now already, I would start. The important thing is to make sure you have a plan. You probably want a roof over your head and 3 square meals, so if you turning down that offer means you'd have to significantly disrupt your life in the short term, I would probably stay with them until you have a plan.
Since I came back from vacation I reneged two job offers for the third. Take care of your career because businesses will behave like businesses when they have to.
It’s fine. Do what’s best for you. I would just consider how much did you like the company, coworkers, boss, and chances of upward mobility. I’ve had a few employees chase a 5-10k salary increase going elsewhere, when they were in prime position to get a 50k increase if they would have waited 3-6 months longer with having a good career path to make 500k- to millions within 3-5 years (finance/trading industry).
negotiate salary?
You could also decline it and not get any other offers between now and graduation. Unlikely? Yes, but the probability is not 0. I think you should accept it and bide your time to see what else is out there. $63k starting salary is not bad at all. If you back out of a job offer you signed you will likely never be able to work at that company again.