Salary Requirements

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“Basic Salary Requirements Frequently Asked Questions in various Salary Requirements job Interviews by interviewer. The set of questions here ensures that you offer a perfect answer posed to you. So get preparation for your new job hunting”



25 Salary Requirements Questions And Answers

21⟩ What do these numbers do after researching about the salary requirements?

These three numbers make up the compensation range that is in alignment with the going rate for your targeted role and that would make you happy. If you are forced to state your salary requirements upfront, use the researched number you found to be the fair market value (the same goes for an online application that demands a numeric response).

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22⟩ What is the most important thing you can do to avoid the question about salary requirements?

The most important thing you can do is delay the compensation conversation as long as humanly possible so you have time to build a rapport with your interviewers, monetize what you can do and how you can personally affect the bottom line at the company and move them from what Chapman describes as the budget state of mind to the judge it mindset.

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23⟩ Tell me why do the interviewers always ask about the salary requirements?

Most often, the simple reason is that employers want an easy screening device to help sort applicants and those applicants with a salary requirement too low or too high are discarded. Other times, the employer is looking to save money by hiring a job-seeker at the low end of a salary range. In either case, it is not really fair to the job-seeker. With a salary history, employers also want to see frequency and size of raises and promotions.

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24⟩ What are the things to consider when interviewer keeps pressing you for the salary requirement?

If the interviewer keeps pressing you for a number, here are a few things to consider:

☛ Similar to doing market research before writing down a salary expectation on a job application, you want to do your homework for interviews as well. In particular, look up salaries at the company you are interviewing for. To name a few, provide detailed information on salaries for either the exact position you are interviewing for or comparable positions.

☛ What is the total compensation package? Try to find this information out before giving your salary expectations. Compensation is more than salary and you may find that you would rather focus on negotiating more vacation days or a flexible work arrangement than your paycheck.

☛ Typically in an interview, you can and should provide a range instead of an exact number. But again, do not say any numbers you are not comfortable with because if the employer offers you a salary at the lowest end of your range, you do not have much to negotiate with when it comes to getting a higher salary.

☛ Do not be too stubborn or cagey at this phase of the interview process. It may communicate to the interviewer that you are too much of a hassle to be bothered with. Instead be confident but flexible until you reach the stage where an offer has been made. By then you will know what is most important to you and what you can leverage to get your ideal compensation package.

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25⟩ What should we do during the interview when asked about the salary requirements?

In an interview, postpone answering the question by focusing on asking the interviewer for more details about the position and scope of responsibility. You should try to determine which goals you are responsible for, whether you are bringing in revenue, if you are doing something that is never been done before, whether you have direct reports or manage a budget and any other information that may influence compensation.

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