Most candidates dread that awkward question: “What’s your expected salary?” The good news is, when discussing compensation expectations, there are strategies to giving figures that will be fair to you and within the employer’s budget. Check out some top tips from our recruiters at Southwest Search that teach you how to use timing, tactics and research when discussing money with a potential employer.
1. Research Trends
Before your interview, it is important to research your position and the current trends in the market. LinkedIn’s salary page is a great source where you can see current or former employees of the company you’re interviewing with have shared paycheck details.
2. Consider Giving a Range
Instead of giving a set number, give a potential salary range you would be happy with. This shows you are open to negotiation. Try using this as a phrase when giving a desired salary range: “I’d like to discover more about the position, the company, what the team’s like and the benefits package before discussing salary. But may I ask what salary range you’re considering for this position?”
3. Redirect the Question if You Need More Information
At the early stages in an interview, you may have the ability to turn some of the questions back to the interviewer. Delivered politely, you’ll demonstrate that your priority is learning whether the role is really what you’re looking for — which every employer will respect. Here’s an example response: “I’d like to discover more about the position, the company, what the team’s like and the benefits package before discussing salary. But may I ask what salary range you’re considering for this position?”
Are you currently job hunting? You have come to the right place. Our expert team of recruiters at Southwest Search are ready to help you find your next position.