How to Answer: ”What are your salary expectations?” in a job interview
Job interviews are already stressful enough without having to answer the dreaded question, "What are your salary expectations?" It's a tricky one and you don't want to come across as overpriced 📈 or underpaid 📉 either. So how do you realistically tackle this question without shooting yourself in the foot?
Let’s start with research. You need to have a rough idea of what the industry standard is for the job you're applying for, so you don't lowball yourself 💰 There are plenty of resources available online that can help you figure out the average salary range for your desired role in your city or state. Look at Glassdoor, salary.com, ZipRecruiter to name a few. Some states are even required to disclose their pay range on the job listing 😱😍 So if you don’t know where to start, start there.
Once you've done your research, it's time to come up with a figure. But here's the thing: you don't want to give a specific number right away 🙅🏼♀️ Instead, you can try to negotiate a range. For example, "I'm looking for a salary in the range of $X to $Y." This shows that you're flexible and open to negotiation. Just make sure the low end of your salary range is actually your desired salary as they’ll probably offer something closer to that number.
But what if the interviewer insists on a specific number? It's okay to give a range, but try to avoid being the first to name a number. Instead, you can ask the interviewer what the budget is for the position or what the range is for the salary they have in mind 🗣💸
✨Before we keep going: If you’re reading this article, then my guess is you’re looking for a new job. If you want to speed up the process and quit sifting through articles searching for answers, sign up to take my Career Workshop Intensive, a 4-part program designed to help you get a job you love ASAP. Ok back to the blog post 👇🏼👇🏼
If you're still feeling unsure, you can always deflect the question for a later date. For example, "I'm open to discussing salary further, but I'd like to learn more about the position and the company first." 👍🏻🌟 This shows that you're interested in the job and the company, and you're not solely focused on the money.
It's also important to keep in mind that your salary isn't the only factor to consider when it comes to job satisfaction. 💯🌱 Benefits, work-life balance, and career growth opportunities are all important factors that can make a job more appealing. Stock options, vacation time, and sign on bonuses are all things you can also negotiate if you’re not getting what you want from your salary.
So to recap, when it comes to answering the 💰salary expectations question💰, do your research, come up with a flexible range, try to avoid being the first to name a number, and remember that there are other factors to consider beyond just your salary. With these tips in mind, you'll be able to handle this question with ease and confidence in your next job interview. I’m rooting for you! 🎉