Successful Job Offer Negotiation

"Who is wise? He that learns from everyone.
Who is powerful? He that governs his passions.
Who is rich? He that is content.
Who is that? Nobody."
Benjamin Franklin

In the excitement of the actual job offer, the tendency for many grads is to make the costly error of accepting the first offer that comes their way. However, the time frame between when the initial offer is made to when you accept the offer is a golden opportunity for negotiation. If these two events are simultaneous, you will lose a chance to negotiate which you may never have again.