Receiving a job offer is exciting, but now you need to make sure your starting salary is fair and comparable to other positions like yours. There are several resources available to assist you in negotiating the best salary possible:
AUTM Salary Survey
The Association of University Technology Managers (AUTM) salary survey will give you the most accurate and up to date information to use in your salary negotiation. It does cost money to view the survey, but it is well worth it when you can use the data to negotiate a higher starting salary for yourself. View the latest survey here.
Cost of Living Calculator
The salary of an Intellectual Property Manager in New York City will be very different from the salary in Columbus, Ohio. If your offer is in a new city, use a cost of living calculator to make sure you are being compensated fairly. CNN Money has a great cost of living calculator.
Public University Salary Databases
All public universities are required to post employee salaries. You can search by job title and see what others are being paid. One important thing to remember – some salaries may be higher than starting range if the person has been in the role for several years.
Free Salary Calculators
Though not always specialized and specific to the tech transfer field, if you need a starting point check out free salary calculators. Glassdoor is an excellent resource for searching for salaries, as well as potential job opportunities.
Whether you are new to technology transfer or have been in the field for several years, knowing your worth is incredibly important at every point in your career. Stay informed on salary data even if you are not looking for a new job; you never know when a great opportunity will come along and you want to make sure you know salary numbers before starting the negotiation.