Trainee Compensation... is it ever a good idea to go for the higher salary?

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May 8, 2011 3:57 am

Looks like I'm probably in at ML... was curious as to the salary issue. Obviously the office manager said he thinks its better to come in at the lower salary, but "we can work on that"... I haven't been given any details on salary and hurdles yet but do know that it's up to 70ish (correct me if I'm wrong here) and as low as 40k... are there two specific salary levels or are there levels in between as well?  

I'm graduating with my MBA in 6 days and I'm 28 and I've got a strong to super strong network, some private wealth experience, but very little sales experience. I also have a little bit of family money that will probably come in eventually... but nothing crazy. 40k for the first few years is pretty low considering how much I just paid to get my MBA from a top 25 school.

*also a side question... anyone think it's unreasonable to request starting July 5th so that I can take a trip with my lady who I plan on proposing to during the trip? The trip is booked. I'm not going to sacrifice a job for a trip... but is it inappropriate to ask???

May 8, 2011 4:41 pm

I would tell the mgr about your trip and give him the choice if you start now and get it off or if you start after your trip.  Yes, you can get a salary in the middle of the range, but the high end is usually reserved for career changers who have been making a high salary from their previous job.