M.B.A.Graduates: 2011

Competition is fierce!

In less than two months, the MBA graduates of 2011 will converge to propel upon recruiters, hiring managers, and companies that have not hired since the economic downturn three years ago. In fact, according to the Graduate Management Admission Council (GMAT), a 60% increase in hiring, compared to 2010 is expected, and the economic recovery looks positive. As such, companies will hire more business school graduates, but salaries will remain flat until the economy fully recovers . That said, since businesses are poised to retain M.B.A. graduates at a reasonable price, the following three advantages for graduates must be negotiated (1.) Sign-on bonus, (2.) relocation package, and (3.) global (expatriate) opportunities. The bottom-line, KNOW YOUR WORTH! In doing so, once the economy recovers, one will have proven his or her worth of further negotiations for an increase in earning potential. Moreover, a good site to determine what salary is fair is salary.com. I ask the question: "What is your worth?"

Check out the Wall Street Journal for further details: http://online.wsj.com/article/SB10001424052970204204004576050051215329430.html