Budgeting

The Worst Day of My First Internship: Pay Day

The Worst Day of My First Internship: Pay Day

When I got an investment banking internship, I was SO excited about my future paychecks. At the time, interns made the same salary as a first year analyst, prorated for the amount of time we worked. So I divided $60,000 by 12 to figure out what I’d earn each month. $5,000 - wow, great!

I thought, “Yay! I am going to save so much money this summer!” Just kidding. Let’s be real. I didn’t think about saving at all. I thought, “this is going to be the most fun summer ever!”

,

Financial Wellness: Pay Gaps & Salary Negotiation

,
Financial Wellness: Pay Gaps & Salary Negotiation

Compensation conversations can be really hard to initiate – (and women are four times less likely to negotiate their salaries than men!) We might try to avoid them or put them off for later. We convince ourselves that our companies don’t give real raises, or we worry that we’ll get turned down because we’re not worth it. Here’s what you can do to prepare for and execute a negotiation confidently.