What is compensation requirements
Due to my skill set and experience level, I feel that this is a comfortable and appropriate range for my work. I feel that the value and expertise I can bring to this role supports my compensation expectations. Is this in line with your thoughts? My rich background in client services specific to this industry can play a role in strengthening the organization.
To help the conversation go smoothly and make sure you get a fair salary, here are a few additional pointers:. Aim high: Once you know the average salary range for a position, consider padding your expectations. In most cases, employers are going to start you off at the lower end of the amount you provide.
Be confident: Some employers are interested in your answer as well as your delivery. Be careful not to overshoot the amount too much or you could be considered overqualified.
By giving an honest, informed response, you can help the interviewer better understand whether your expectations align and, if things go well, what sort of salary will be attractive enough to get you on board. Find jobs. Company reviews. Find salaries. Upload your resume. Sign in. Why employers ask about salary expectations.
With this said, I recommend addressing the topic of compensation sooner rather than later in an interview process too many candidacies fall apart over money at the finish line …but only when both parties feel they have sufficient information to start the dialogue.
Your words and your tone will be crucial to communicating your message effectively. So think through your narrative, write it down and practice. The topic of money in a job interview typically invokes feelings of dread and anxiety for lawyers as opposed to the warm and fuzzies.
And when asked to declare salary expectations, it can be challenging to manage the conversation to an optimal outcome. Understanding the context of the situation as well as your feelings will provide a solid starting point to address your questions in this dynamic when it arises.
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The way you answer this question can also signal to the hiring manager whether you are overqualified or underqualified for the position. Here are four ways to answer and prepare for the salary expectations question. Rather than answering the question directly, you could respond with:. I would prefer to know more about the job and your expectations of the employee first to give you a realistic number.
If you go with this approach, be prepared in case the interviewer presses you for an answer about your compensation expectations. The employer will very likely want a specific number, so another strategy is to give them a number or a range.
Understand that if you offer a range, they will usually choose the low end of the range in their initial offer, so maybe bump up the range a bit. Unless you are very experienced years in the job, working very successfully , do not expect to be offered the top of the range. To give yourself more room for negotiation, add some options which would be beneficial to you:. With this answer, you are offering a specific salary range, but also indicating some flexibility based on the benefits provided.
Include options that are important to you and will, effectively, be an increase in your pay by reducing some of your out-of-pocket expenses or giving your salary a boost. The truth is, every company has a certain budget in mind when hiring for a new position. The budget range varies depending on the size, success, and values of the company.
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