Benefits and Salary

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and Salary
Beyond the $
Your prospective employer may offer a nice salary, but other expenses will reduce that figure (moving, living, and other work expenses). Compensation, in the form of benefits, can supplement your take home pay
Vacation Sick Paid holidays Parental leave PTO (paid time off) Short/long term disability Professional development
Leave (Time off)
Health and Dental
While you may not need health insurance in your twenties, ask and research health coverage and benefits offered through your employer.
There are different kinds of leave and some may not be available immediately but ask about your employer's policy. The different types of leave offered include:
High deductible plans: amount you pay before the plan kicks in (if you don’t require extensive care) Flexible Spending Accounts:  a pre-tax percentage of check set aside for co-pays, may rollover to the next year (up to $500) Dental/orthodontia Vision Employee Contribution can vary widely
Defined contribution plan 401k/403b Ask if these plans can rollover in case of new employment Matched contributions by employer (Free Money = take advantage!!) Pension plan Employee stock options
Other Benefits
Wellness programs Onsite clubs and services Life insurance Employee assistance program: free assistance with any area of life Parking (great benefit in urban areas) Childcare Cafeteria/Meals Employee discounts Tuition reimbursement Dependent tuition (less common: student loan repayment programs) Mortgage, relocations, spouse employment, vehicle allowance, tool/technology allowance
While retirement is still years away, it pays to start investing early and regularly. Consider your student loan repayment before actually investing in your retirement accounts. It is possible to manage both.
Research: Know Your Industry
Employer size, established or start up, reputation.
Are there competitors?
Employee owned union, urban or rural, state or municipality?
Friendly exchange. Don't rush.
Ask about anything at point of hire.
Be flexible but know your limits.
Federal, state, and municipality.
The more you make, the more withheld.
Certain benefits can be taxed and at different rates than wages.
More information through the Career Center
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