What do you say when asked about salary expectations? (2024)

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What do you say when asked about salary expectations?

I'm looking for a competitive salary that reflects my qualifications and experience. Based on my research and the requirements of the role as I understand them, I would expect a salary in the range of $X to $Y.

(Video) What are your Salary Expectations? | Best Answer (from former CEO)
(The Companies Expert)
How do you answer the minimum salary question?

When you write your salary requirements, you should include a range and not a specific sum. For instance, if you would like to make $35,000, then you should state that your salary requirements are between $30,000 and $40,000, rather than $35,000. This way, there is an opportunity to negotiate.

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(Linda Raynier)
How do you answer salary expectations in vague?

“I'm not comfortable sharing my current salary. I would prefer to focus on the value I can add to this company rather than what I'm paid at my current job. I don't have a specific number in mind for a desired salary, and you know better than I do what value my skills and experience could bring to your company.

How should I write my salary expectations?

Here are some tips to help you write your expected salary in your resume:
  1. Research the average salary for your position and skill level. ...
  2. State your salary is negotiable. ...
  3. Emphasize your flexibility. ...
  4. Personalize your expectations for each job. ...
  5. Keep it short.
Feb 24, 2023

(Video) The Best Answer to "What's Your Expected Salary?"
(Andrew LaCivita)
What are your salary expectations and how would you justify this?

Here is the process you can follow for answering the salary expectation question:
  1. Research the average salary. ...
  2. Consider your existing pay. ...
  3. Consider perks and benefits. ...
  4. Make adjustments for cost of living. ...
  5. Ask for additional details (optional) ...
  6. Ask for more time (optional) ...
  7. Provide a range. ...
  8. Justify your salary expectation.
Apr 16, 2023

(Video) "What Are Your Salary Expectations?" INTERVIEW QUESTION & Best Example ANSWER!
How do you counter salary questions in an interview?

Following are more detailed tips on when and how to negotiate salary during an interview.
  1. You need timing and tact. ...
  2. Hold your cards fairly close. ...
  3. Get your figures right. ...
  4. Discuss what's offered. ...
  5. Present a strong case. ...
  6. Never bluff. ...
  7. Think beyond the pay packet. ...
  8. Get it in writing.
Nov 7, 2022

(Video) Interview Question- What are your salary expectations? | Best sample answer
(Diksha Arora - Interview Coach)
Why do recruiters ask for salary expectations?

Employers want to know salary expectations because they have a budget to stick to. They want to be certain your salary expectations align with the amount they've allotted for a specific role. If most applicants expect a certain range in terms of compensation, the company may provide more budget.

(Video) What Are Your Salary Expectations Interview Question - BEST SAMPLE ANSWERS
(Professor Heather Austin)
What salary should I ask for?

When negotiating a salary for a new job. If you are negotiating the salary for a new position or a job at a new company, asking for 10% to 20% more than what you currently make is often the general rule.

(Video) Interview Question - Salary expectations #Shorts #meharsindhubatra
(Mehar Sindhu Batra)
How do you negotiate salary after receiving a job offer?

Here are eight tips for how to negotiate a salary that can help you tactfully and confidently ask for what you want.
  1. Become familiar with industry salary trends. ...
  2. Build your case. ...
  3. Tell the truth. ...
  4. Factor in perks and benefits. ...
  5. Practice your delivery. ...
  6. Know when to wrap it up. ...
  7. Get everything in writing. ...
  8. Stay positive.
Apr 7, 2023

(Video) How to Answer “What are Your Salary Expectations” on Applications & in the Job Interview
(Self Made Millennial)
What is your desired salary?

Your desired salary is simply the total compensation you'd like to receive in a new job. This should be a realistic number but it's also totally fine for it to be a significant jump from your current salary depending on what you're applying for.

(Video) What are your salary expectations? (English) : Job Interview Question
(Interview Questions and Answers for Freshers)

How do you answer the current salary question on an application?

Applicants “should not disclose their previous salary but instead reframe their answer to express their salary expectations or requirements for the job,” according to Hoy. In other words, tell them what you expect to make, not what you're currently paid.

(Video) What Are Your Salary Expectations? - Best Answers
(A Life After Layoff)
What are the reasons for salary expectations?

Employers or recruiters will ask potential employees the salary expectation question for three important reasons – budget, knowing your worth, and professional level. Employers want to know salary expectations because they have a budget to stick to.

What do you say when asked about salary expectations? (2024)
How to tell candidate their salary expectation is too high?

If a candidate's target salary is too high, you may respond with the following. “I just want to be honest with you. Your target salary is outside our range. If this is still negotiable, I would like to invite you for an interview and further discuss the role with you.

Why should we hire you answers?

“I should be hired for this role because of my relevant skills, experience, and passion for the industry. I've researched the company and can add value to its growth. My positive attitude, work ethics, and long-term goals align with the job requirements, making me a committed and valuable asset to the company.”

Can you not answer salary expectations?

Experts generally say to avoid stating your salary expectations first. State a number too low and you could shortchange yourself in the future. State one too high — without additional interviews to back up that number — and HR might move on to another candidate expecting lower pay.

How do you flip a salary expectation question?

If you're asked for your salary expectations, you could deflect by saying “What do you usually pay someone in this position?” or “I'd like to learn more about the role before I set my salary expectations. I would hope that my salary would line up with market rates for similar positions in this area.”

What is the #1 rule of salary negotiation?

Make them go first

This question might sound familiar because it's become a standard part of the recruiting process: “Before we go any further, would you mind telling me your salary expectations?” And you do mind! While it's tempting to try to figure out the best number to say, your best move is to say nothing at all.

How do you discuss salary in an interview?

To avoid confrontation, focus the conversation on facts and data. You can say, “Based on my research, the average employee in this role in our city makes [salary range]. Based on my background and experience, I think [this range] would be fair.” Giving a range can show that you're willing to negotiate.

What not to say when asking for a raise?

  1. "I Deserve a Raise Because I Have Been Here 'X' Amount of Years." ...
  2. "I Feel That…" ...
  3. "X Is Making More than Me." ...
  4. "I'm Overdue for a Raise." ...
  5. "I Will Leave if I Don't Receive a Raise of X Amount." ...
  6. "I'm Going to Need to Go to the Competition." ...
  7. "I Need More Money Because I'm in Debt."
Jan 27, 2023

Should you be honest about salary expectations?

Miles added that “honesty is the best policy when job searching, so be honest about your expectations. “I recommend candidates answer the question by using a range of $10-20k and note that it depends on the responsibilities of the job, so they come across as open. They can also ask what the budget is for the position.”

Should you tell recruiter current salary?

"An employer may have the right to ask for your salary, and it may be legally free to terminate your application, but you also have the right to say NO," Corcodilos advised. Job coach Mandi Woodruff-Santos agreed that it's best not to answer questions about your current salary.

Should you put salary expectations when applying for a job?

Don't provide your desired salary in your cover letter or on your resume unless specifically asked to do so. It's best to withhold this information until you get a starting offer from the company so you don't price yourself too low.

Should I accept the first salary offer?

Don't accept the first offer — they expect you to negotiate and salary is always negotiable.” “That's just not true,” says Weiss. Sure, much of the time there is an opportunity to negotiate, but some hiring managers genuinely give you the only number they can offer. The best way to find out, says Weiss, is to inquire.

How much higher can you negotiate salary?

Consider negotiating lower if 10-20% places you above the average. Is the pay in-line with average pay, but still believe you can negotiate based on your skills? Consider a range between 5-7% above. You don't want to risk your chances with a company that is genuinely interested in your financial well-being.

How do you negotiate salary after saying yes?

Express gratitude

Before telling them you want a higher salary, say you're thankful and excited about their job offer. You may also want to ask them more questions about the role, so you have a better idea of all your responsibilities. If the negotiation goes well, express your gratitude for their flexibility.

What is your salary expectation sample answer for experienced quora?

I answer it like this, “As an experienced professional, I expect you to make me an offer, but I am willing to give you my salary history so you can make an appropriate offer”. Do feel free to share your current and past salary and benefits, but don't ever let a recruiter talk you into giving them a number.

How do you politely say the salary range is too low?

While I really appreciate the offer to work for such a great company, I, unfortunately, must decline at this time, as the salary isn't within my preferred range. I had a wonderful time speaking with you during the interview. I wish you luck in your search for a candidate. Thank you again for this opportunity.

How do you respond to a candidate asking for a higher salary?

How you proceed when a candidate simply asks for a higher pay rate is ultimately up to you. One option is to reply and ask what figure seems fair to them and then use their response as the basis for negotiation. Alternatively, you can reevaluate your original offer and simply reply with a higher hourly rate or salary.

How do you say salary is acceptable?

For example, "My salary requirements are negotiable within the range of $25,000 to $35,000" or "I'm flexible with a salary in the 40s" are perfectly acceptable responses.

Why should we hire you 5 best answers?

You should hire me because I have the qualifications, experience, and attitude to contribute to your company. I am a quick learner, adaptable, and possess excellent communication and problem-solving skills. Furthermore, I am passionate about this field and eager to contribute to your team's success.

What makes you a good fit for this job?

You need to highlight why you're the best match for the role by explaining the accomplishments, skills, or personality traits that set you apart. However, don't criticize other candidates while you do so. Maintain a positive tone and keep the response focused on what you can offer, rather than what others can't.

Why do you think you are qualified for this position?

You can talk about skills from the job posting or your transferable skills. And you don't have to limit your qualifications to paid work. Whatever uniquely qualifies you for the position could come from volunteer work or from experiences at school.

What does it mean when it says minimum salary?

Minimum base salary is a term used when an organization's pay schedule includes ranges for each position. For example, if a company advertises a marketing position with a salary range of $40,000 to $47,000, the minimum base salary is $40,000. A job applicant knows that he'll be paid at least that amount.

How do you say salary is negotiable?

“Thank you so much for the offer, I'm really interested in joining the team. I do have a concern regarding the starting salary, however. Based on my understanding of the market value for the position, and my skill set I would expect my compensation to be in the range of $xx to $xx. Are you open to discussing salary?”

What should I put for minimum base salary?

The trick is to put your target salary at the bottom of your range. For example, if you'd like to make $50,000, state your range as $50,000-$57,000. The employer is likely to offer you the lower end of that range, but anything more than the absolute bottom is just icing on the cake for you. Leave it negotiable.

What if salary is too low?

If the salary is too low, focus on that aspect in a counteroffer. If you know the firm will not negotiate on salary, then focus on modifying a few of the other terms of the offer (such as additional vacation time, earlier performance reviews, signing bonus, relocation expenses).

What is your minimum base salary?

Your base salary is the minimum amount that you will be paid in exchange for your work. It may be expressed as an hourly rate or as a weekly, monthly, or annual salary. This is calculated before taxes or benefits or other deductions, so the agreed-upon rate may not be exactly what you are paid.

How do you politely counter offer salary?

I did want to let you know that I am considering a strong offer from another company right now. I have received another offer with a base salary of [$____]. I'm excited to be a part of your team and would be ready to accept your offer if you would be able to [MATCH OR EXCEED] this base salary.

What should you not say in a salary negotiation?

Try, as in "Can we try...?" "Try is a passive word that leaves a lot of wiggle room, and you don't want that," insists Doody. "It's easy for someone to say — honestly or not — "We'll try..." and reply with, "We tried and it just didn't work out." Don't ask them to "try" to do something.

Should you ever accept the first salary offer?

Don't accept the first offer — they expect you to negotiate and salary is always negotiable.” “That's just not true,” says Weiss. Sure, much of the time there is an opportunity to negotiate, but some hiring managers genuinely give you the only number they can offer. The best way to find out, says Weiss, is to inquire.

Is it OK to negotiate salary after offer letter?

It's typically best to negotiate your salary after you receive a written official job offer rather than during earlier stages of the interview process. You have the most leverage after you've proven that you're the best candidate for the job and you fully understand the employer's expectations.

What is an example of a salary counter offer?

Double the difference between the current offer and your ideal salary. Add this number to the current offer. The result is your counter offer. For example: if your current offer is $60,000 and your ideal salary is $70,000, your counter offer should be $80,000.

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