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We all know the question. You are asked for your salary requirements or asked what you currently earn. Because a truly professional company will have already created a budget for that position as well as the published KSAs.
How do you respond. Appears a number of my young acquaintances are stumped by how to respond without revealing a number too high and be out of contention or too low and the company had more budgeted for the position.
I advised as follows which is to reverse the question back onto the interviewer in an non-confrontational manner.
If they ask you what is your number:
A. I do not believe salary is an issue if the company is offering salary which matches the stated duties and in line with the market. Can you tell me what the budgeted range is?
If they ask you what you earned in the current position:
A. What I earn is probably in the same range as the position I am interviewing for as the duties are similar to what I currently execute. Can you tell me what the budgeted range is?
Sometimes the position advertised has the range and/or the questionnaire asks for current and requirements. But the thread question is for when the information is not known until an interview.
Also, what's funny is I didn't even negotiate. They told me the salary at the interview. When they offered me the job they bumped it $1,000. When they had me sign the contract it was another $1,000 again!
I too had to disclose how much I made on application which was far less and also disclose my minimum requirement. They went higher than my minimum which is why I expect they raised the pay higher for me.
We all know the question. You are asked for your salary requirements or asked what you currently earn. Because a truly professional company will have already created a budget for that position as well as the published KSAs.
How do you respond. Appears a number of my young acquaintances are stumped by how to respond without revealing a number too high and be out of contention or too low and the company had more budgeted for the position.
I advised as follows which is to reverse the question back onto the interviewer in an non-confrontational manner.
If they ask you what is your number:
A. I do not believe salary is an issue if the company is offering salary which matches the stated duties and in line with the market. Can you tell me what the budgeted range is?
If they ask you what you earned in the current position:
A. What I earn is probably in the same range as the position I am interviewing for as the duties are similar to what I currently execute. Can you tell me what the budgeted range is?
Sometimes the position advertised has the range and/or the questionnaire asks for current and requirements. But the thread question is for when the information is not known until an interview.
And if the company responds with: our salary ranges are very flexible. We customize our offers to each candidate. Thus way we can pay each person an appropriate amount in order to satisfy each individual employee. What are your requirements?
The company is feeding you a line of course. But some companies are going to be evasive.
As a job seeker, you need to determine the market value for that position and not be afraid to ask for it.
Last edited by fishbrains; 02-19-2016 at 06:53 AM..
And if the company responds with: our salary ranges are very flexible. We customize our offers to each candidate. Thus way we can pay each person an appropriate amount in order to satisfy each individual employee. What are your requirements?
The company is feeding you a line of course. But some companies are going to be evasive.
As a job seeker, you need to determine the market value for that position and not be afraid to ask for it.
I agree, this is the answer.
Do your research and put it on them. If the company isnt willing to pay a fair market price it is most likely a company with lots of other problems you don't want to work for.
A friend of mine was looking for work and while visiting me she got a call with an impromptu phone interview. Next thing I know she is telling the person for the position offered and what she brings to the table her salary requirement would be 85k min plus bonus and benefits. Next word out of her mouth was no I would not be willing to work for that amount, bye.
Now she makes a healthy six figure with bonus, stock options, benefits etc.... the whole nine yards.
You have to be willing to ask for it and also be willing to walk when you don't get it.
We all know the question. You are asked for your salary requirements or asked what you currently earn. Because a truly professional company will have already created a budget for that position as well as the published KSAs.
How do you respond. Appears a number of my young acquaintances are stumped by how to respond without revealing a number too high and be out of contention or too low and the company had more budgeted for the position.
"I may be willing to negotiate, but my number is $$$$$$$"
Personally, I think dancing about the number shows you aren't sure of your worth. If you are, don't be afraid to say "I believe I am worth this much and can prove it"...Confidence sells better.
As a job seeker, you need to determine the market value for that position and not be afraid to ask for it.
Agree with that. There is a ton of information on the Interwebs about this subject but years ago, I came to a point where I stopped playing stupid games. I am more than happy to discuss a range. I have a good sense of what I am worth and a fantastic sense of what I will accept.
Basically, if asked, I give a range (with the range starting at above my lowest acceptable amount. So if the lowest I will accept is say 100k, my range will be something like 110 – 130) and qualify it with something like “but that also is dependent on the benefits, bonus opportunities, and any other things that make up the package”.
We all know the question. You are asked for your salary requirements or asked what you currently earn. Because a truly professional company will have already created a budget for that position as well as the published KSAs.
How do you respond. Appears a number of my young acquaintances are stumped by how to respond without revealing a number too high and be out of contention or too low and the company had more budgeted for the position.
I advised as follows which is to reverse the question back onto the interviewer in an non-confrontational manner.
If they ask you what is your number:
A. I do not believe salary is an issue if the company is offering salary which matches the stated duties and in line with the market. Can you tell me what the budgeted range is?
If they ask you what you earned in the current position:
A. What I earn is probably in the same range as the position I am interviewing for as the duties are similar to what I currently execute. Can you tell me what the budgeted range is?
Sometimes the position advertised has the range and/or the questionnaire asks for current and requirements. But the thread question is for when the information is not known until an interview.
I ask for what I need to cover my living expenses. That is the LOWEST I would accept. I don't waste my time if it is less.
I say what I currently make, not including benes. I tried the evasive approach and teh company was evasive, it was such a dumb conversation, so I didn't want to do it anymore.
It normally goes like this...
1. I ask what the range is on the phone, to decide if I need to continue talking.
2. They say, blah, blah, blah...we have a range...what do you want?
3. I say, my currently salary is X, not including bonus or benes. How does that fit in the range?
4. They say, What is your bonus? I say Y%...but then I also talk about our 401K, which is pretty good
5. The conversation either continues or ends at this point.
I'd rather just say what I make and negotiate from there. That is just me, though.
Give a 10k range based on what the position pays on average in the area (glassdoor etc.) and also factor in the amount you'd need to survive. Then say the range but that it's negotiable based on the total compensation package.
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