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Why your first job salary doesn't matter and what actually does

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Fresh graduates in Dhaka often find themselves trapped in a peculiar negotiation theatre. They compare offers down to the last taka, agonise over a few thousand in differences, and sometimes turn down opportunities because the salary seems inadequate compared to what their batchmates are earning. Worse still, many wait for the "perfect" job to materialise, spending three, six, or even nine months unemployed rather than accepting an imperfect but functional starting point. These months of waiting, justified by the pursuit of ideal compensation or title, represent lost learning time that compounds negatively. Meanwhile, peers who simply started somewhere are already three steps ahead, building skills and networks whilst the waiters refresh job portals. This obsession with starting compensation, whilst understandable, misses the larger picture entirely.

The mathematics of career growth: The mathematics of early career progression reveals an uncomfortable truth: your first salary becomes largely irrelevant within three to five years. Consider two graduates. One accepts Tk 35,000 monthly at a well-structured firm with strong training programmes. Another takes Tk 50,000 at a company with minimal learning infrastructure or a structured career path but has some shiny objects. Fast forward four years. The first candidate, having developed actual skills and built meaningful relationships, now commands Tk 90,000 or more. The second, despite the higher start, struggles to justify anything beyond Tk 70,000 because their experience lacks depth, the industry doesn't have a career ladder, and their network remains thin.

This pattern repeats across industries with surprising consistency. Starting salary represents roughly 15 to 20 per cent of your earnings potential over a decade. The remaining 80 per cent depends almost entirely on how quickly you accumulate valuable skills, how effectively you build professional relationships, and whether your early roles position you for strategic moves later.

Where the real learning happens: The consulting, FMCG, telecom and banking sectors in Bangladesh provide instructive case studies. Some local and global consulting firms pay fresh graduates modestly compared to some corporate management trainee roles in FMCGs. However, their alumni consistently outperform peers within half a decade- locally and globally. The reason has nothing to do with innate talent and everything to do with structured exposure. These firms compress learning curves dramatically. Then again, a 24-year-old analyst in a local FMCG company might touch four different industries, learn financial modelling to an advanced level, and present to C-suite executives within eighteen months. That same person, had they chosen a higher-paying but less rigorous shiny role, might still be working on basic tasks after two years. For example, starting from a business analyst position at a telecom and then moving to a specialised planning role in banking can be a much more rewarding move given the technical skills one has acquired initially. One can always start as an executive at a bank, but one needs to ask what they are going to learn in that role which will help them in future.

Mentorship operates as another multiplier that first-job salary calculations ignore completely. A manager who genuinely invests in developing talent can accelerate your trajectory by years. They open doors, make introductions, provide candid feedback, and help you avoid costly mistakes. This guidance proves impossible to quantify in monetary terms initially, but its value compounds relentlessly. Conversely, a toxic manager or absent leadership can stall careers for extended periods, regardless of how attractive the pay packet looked at signing.

The hidden value of environment and networks: Industry exposure matters more than most young professionals realise. Your first role doesn't just teach you skills; it shapes how you think about problems and whom you know. Someone who starts in technology develops a different professional network and problem-solving approach compared to someone in manufacturing, even if both studied the same subject at a university. Ten years later, these networks and mental frameworks often matter more for opportunities than the technical knowledge itself.

The physical environment and team dynamics carry weight that spreadsheets cannot capture. Joining an office where people actually collaborate, where Thursday lunches involve genuine conversation rather than obligation, where senior colleagues stay back to help juniors troubleshoot problems, these intangibles shape your professional identity. A lively, dynamic team teaches you how to communicate, how to handle pressure with grace, and how to build relationships that extend beyond transactional exchanges. You learn by osmosis in such environments. Conversely, a quiet office where everyone works in isolation, regardless of how prestigious the company name, stunts your development in ways that only become apparent years later when you struggle with basic interpersonal skills that others picked up naturally.

The network you build in your first role often determines your second, third, and fourth opportunities. Former colleagues become collaborators, mentors transform into references, and industry connections open doors long after you've moved on. A graduate who spent two years in a well-connected firm, even at modest pay, carries a professional network worth multiples of their salary. They know whom to call for advice, whom to approach for opportunities, and how industries actually operate beyond what textbooks suggest.

Looking beyond the payslip: The fixation on starting salary or even a job title also blinds graduates to the option value embedded in certain roles. A position at a rapidly growing startup might pay 30 per cent below market rate but offer equity, proximity to decision-makers, and the chance to wear multiple hats. If the company succeeds even modestly, the experience and potential financial upside dwarf what a higher-paying but static role would have provided. Even if the startup fails, the breadth of exposure and entrepreneurial thinking gained proves valuable elsewhere.

What truly matters is the combination of factors that compound over time: the company name on your CV that opens doors for interviews, the technical skills you develop that make you competent, the relationships you build with people who will champion you later, the soft skills you absorb through daily interactions, and the portfolio of work experiences that give you stories to share in future interviews. A candidate who can discuss how they navigated a product launch, managed stakeholder conflicts, or analysed market entry strategies carries far more weight than someone with a higher starting salary but nothing substantive to demonstrate. These tangible examples of work become your currency in the job market, and they matter infinitely more than what your first payslip said.

None of this suggests accepting exploitative wages or undervaluing yourself. Rather, it argues for a more sophisticated calculation. Does this role offer structured learning? Will you work alongside people you can learn from? Does the company invest in employee development? Are you entering an industry with growth potential? Can you see a clear path to increased responsibility?

Making the smarter choice: A fresh graduate accepting Tk 30,000 monthly whilst learning proper business analysis, go to market strategies, building relationships with industry leaders, and gaining exposure to complex projects is making a vastly better decision than one taking Tk 50,000 to do repetitive work in isolation. The salary difference feels significant when you're 24 or 25. By the time you're 30, that early learning advantage has likely translated into a 50 to 100 per cent compensation premium, not to mention better opportunities and greater job satisfaction as well as global opportunities.

The most successful professionals tend to share a common trait: they were willing to invest in their own development early, even when it meant accepting less money upfront. They understood that the first job is not about maximising immediate income. It's about building a foundation that makes every subsequent move more valuable. So, get the foundation right, and the money and position follows naturally.

tasnimazer02@gmail.com

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