1410 Engineering Bldg

Offers and Negotiation

Step 1: Evaluate your Market

A job offer is much more to consider than just the base salary. Whether this is your first job or fifth, one should consider many factors before accepting any offer. Your next position can go beyond guiding your career path and should be given ample time when deciding.
Some easy comparisons to consider include:

• Financial Compensation (salary, insurance, relocation/ signing bonus)
• Location (preference, flexibility, relocation)
• Career Plan (advancement, rotational program vs fixed, interests, educational opportunities)
• Employer Culture/ Environment (values, turn-over, travel, dress, atmosphere, typical hours)


Step 2: Evaluate your Offer(s)

Which items are most important to you and your career?
An offer matrix is often a good tool to use to compare multiple offers. A sample offer matrix is provided to help you start to formulate what is important to you:

ECS Career Matrix


Step 3: Negotiate?

Negotiation is not always necessary and reasonable depending on competing offers, job market, etc. but if you feel it is, ask for flexibility on one or two carefully chosen items (i.e. Salary, start date, moving expenses, time-off)

Rules for negotiating:

1. Don’t negotiate until a firm offer (in writing) has been extended
2. Be prepared and use facts (average salary information, cost of living statistics)
3. Understand the needs and abilities of the employer.
4. All negotiating should take place over the phone or in person; this needs to be a conversation
5. Have your notes and materials with you, with source information
6. Follow-up with an email after the conversation to ensure that key points discussed are “in-writing”


Step 4: Accept/Reject, Extend Offers

Once you have made the decision to accept or reject an offer, verbally confirm and immediately follow-up in writing. Be sure to clarify important details for example “start date’, salary, bonuses, and other important specifics.
ACCEPT ONLY ONE OFFER (even if something better comes along later!)

Don’t burn bridges you may need in the future, and risk being “bad-mouthed” to other organizations.

Immediately decline (in writing) all other offers as well as notify all other employers that are still considering you. This is a professional courtesy and allows the recruiter to continue their search.

Report your accepted/declined offers:

Undergraduate Students (redirect to 12Twenty platform – NetID authentication required)

Graduate Students


ECS Job Search Guide: Evaluating Offers & Negotiation

U.S. Employer’s Guide to Hiring International Students (information provided by Interstride and Fragomen Law Firm – July 2022)

BS Co-op & Intern Hourly Salaries (Summer 2022- Spring 2023)

Major Average
Biomedical Engineering $22
Chemical Engineering $24
Civil Engineering $20
Computer Engineering $29
Electrical Engineering $28
Engr. Mechanics -Astronautics $24
Environmental Engineering $17
Engr. Physics NA
Geological Engineering $18
Industrial Engineering $23
Materials Science & Engr. $24
Mechanical Engineering $23
Nuclear Engineering $19
OVERALL  $24

Hourly rate rounded to nearest dollar

updated 09/12/2023

Undergraduate Salary Information

BS Entry-Level Salaries (2022-2023) UW-Madison
Information as reported voluntarily to Engineering Career Services by graduating students

Major Average Median
Biomedical Engineering $70,755 $73,000
Chemical Engineering $74,141 $74,000
Civil Engineering $68,920 $68,800
Computer Engineering $91,973 $85,000
Electrical Engineering $84,011 $75,000
Engr. Mechanics $82,407 $82,500
Engr. Physics NA NA
Geological Engineering* $65,740 $67,260
Industrial Engineering $75,421 $75,000
Materials Science & Engr. $84,556 $80,000
Mechanical Engineering $74,399 $72,000
Nuclear Engineering* $66,691 $74,100
OVERALL $77,644 $75,000

*  = Multi-year average—insufficient annual response rate to report

updated 01/16/2024


College of Engineering Destination Statistics & Salary Information:

2022-2023 BS Graduates

2021-2022 BS Graduates

2020-2021 BS Graduates

2019-2020 BS Graduates

2018-2019 BS Graduates

2017-2018 BS Graduates

2016-2017 BS Graduates

2015-2016 BS Graduates

2014-2015 BS Graduates

2013-2014 BS Graduates

2012-2013 BS Graduates

2011-2012 BS Graduates

National Data for Masters Salaries

Masters’ Program (MS) Mean Median
Biomedical Engineering $67,575 $69,250
Chemical Engineering $82,996 $83,148
Civil Engr. $73,871 $74,411
Computer Engr. $122,903 $123,036
Electrical & Computer Engr. $104,623 $96,497
Engr. Mechanics* $90,885 $85,634
Geological Engineering $75,700 $75,700
Industrial Engineering $88,798 $84,100
Manufacturing Systems Engr.** $85,027 $85,100
Materials Science & Engr.*** $88,216 $83,727
Mechanical Engineering $87,909 $85,046
Metallurgical Engr. NA NA
Nuclear Engr. & Engr. Physics NA NA
Source: NACE Summer 2023 Salary Survey
*Aerospace Engineering
**Manufacturing Engineering
*** Materials Engineering

National Data for PhD Salaries

Doctorate Program (PhD) Mean Median
Biomedical Engineering $82,482 $71,300
Chemical Engineering $107,696 $115,000
Civil & Environmental Engr. $72,400 $74,342
Computer Engr. $142,609 $149,873
Electrical & Computer Engr. $156,392 $169,000
Engr. Mechanics & Astronautics* $109,532 $120,000
Geological Engineering NA NA
Industrial Engineering (incl. Manf. Sys.) $92,644 $96,667
Materials Science & Engr.** $94,929 $94,700
Mechanical Engineering $103,728 $115,000
Metallurgical Engineering $90,900 $90,900
Nuclear Engr. & Engr. Physics*** $90,991 $80,786
Source: NACE Summer 2023 Salary Survey
*Aerospace Engineering
** Materials Engineering
***Nuclear Engineering

Calculators:

Salary Calculator (payscale.com)

Cost of Living Calculator (bestplaces.net) or another Cost of Living Calculator option (from moneygeekonline.com)

Cost of Living Calculator – renting vs. buying breakdown (nerdwallet.com)

ECS Offer Comparison Matrix (xls)