You intuitively know that sharing your current salary or salary expectations probably isn’t in your best interest. But you’re also really excited about this opportunity and you don’t want to miss out. With insert number of years years of experience in insert relevant field and a track record of success in insert key accomplishments, I am confident in my ability to excel in this role. I am seeking a salary range of insert range based on my experience and skills. However, I am open to discussing the overall compensation package, including additional benefits or incentives that may be available. This interview question can put many of the best candidates on the spot if they do not prepare their answers.
- Dominique Vatin, career expert at CV Genius, suggests aiming for the higher end of the salary range, if you can provide good reasoning.
- Here are three sample responses that you can use frameworks when you create your own.
- When changing industries, be prepared for potential salary adjustments.
- The bad news is you probably could’ve gotten more if you hadn’t shared your current salary with the recruiter.
- While they expected to make $103,880 right after getting that diploma, the reality is that the average starting salary is between $55,000 and $58,000.
- It also shows willingness to consider the total compensation package.
- When addressing salary requirements in an email, be direct and concise.
“We don’t want to waste each other’s time”
For example, you might say, “I’d love to learn more about the responsibilities and expectations of the role before discussing salary. ” This approach shows that you’re focused on the job itself, not just the paycheck, and it gives you a chance to tailor your response once you have more information. To that point, when a recruiter or hiring manager asks, “What are your salary expectations? ” you don’t want to be caught off-guard or appear unprepared. There are six key steps to make sure you’re armed and ready to go. When you answer any job interview question – including “What are your salary expectations?
“I’ll accept whatever you offer.”
A few years ago I found an amazing candidate, let’s call her Jan. She had a much richer experience than the candidates I normally interviewed. The pursuit of higher pay is the main reason why 63.4% of Workable research respondents seek out new job opportunities. Yet, nothing can make most of us sweat quite like the idea of talking money with recruiters. Mike is a job interview and career expert and the head writer at TheInterviewGuys.com.
Mistakes to Avoid
- Revealing your current salary can make the employer base their offer on your current pay, which might not reflect your true market worth or the value of the new job.
- No rule says you cannot turn the question around on the prospective employer.
- If you undervalue your skillset, they’ll take advantage of that low number.
- Once your refuse to share, they can check that item off the list and move on.
- Part of your research should include a hard look at your predicted expenses and goals, especially if it’s the first time you’re living on your own.
- And since you only change jobs every couple of years or so, this is an investment you’ll make only occasionally.
- Here’s a step-by-step guide to help you respond effectively.
As much as possible, hold off from sharing a specific number. Yes, you’ve done the research and know exactly what you want to get, but that’s key information you should keep private in the early stages of an interview. People will say to deflect the question as much as possible.
How to recover if you’ve already disclosed your current salary
Generally, you don’t want to through out the first number. Tell the hiring manager that you are more interested in the value of the total compensation package, not salary alone. As with many job interview questions, simple mistakes can really hurt your chances of landing the job and getting the pay rate you deserve.
You have to learn how to answer salary expectation questions so that you don’t get lowballed and so that you don’t price yourself out of the position. If you are requested to fill in your salary expectations in the application form, do not provide a specific figure. Offer a broad range or state your preference for discussing compensation during an interview. With that in mind, how do you even start when it comes to knowing what to ask for and how to handle that conversation? Here’s how to answer the question about salary expectations with no experience to make sure it’s as close to what you want and deserve. Being well-prepared can improve your negotiation position.
It’s not a way for the hiring manager to get out of offering you a job. So, before you start researching salary (which is the first step in knowing what to say), it’s critical to know why you’re being asked about salary. As you go to interviews, you should expect to be asked about your salary expectations. Employers ask about salary to discover how much of a match exists between the money they’ll be offering and a candidate’s compensation expectations. The closer the match, the higher the probability that a company will feel good about extending an offer – and the better the odds the candidate will accept it.
Alright, before we get into the nitty-gritty of how to answer “What are your salary expectations? ” let’s take a step back and look at another couple of important questions. Some entry-level jobs will require no experience, and the candidate will want a position no matter what the salary how to answer what are your salary expectations is.