Here’s The Ultimate Guide To Answer What Are Your Salary Expectations
What are your salary expectations is a question that can make you feel uncertain in a job interview. You don’t want to price yourself out of a job you want, and you don’t want to say something too low and end up not getting paid as much as you should be. In this article, you will find PRO tips to answer- what are your salary expectations.
Why employers ask — What Are Your Salary Expectations
The main reason behind recruiters or hiring managers asking this question is to gauge a job candidate’s expectations relative to the budget allocated for the role.
So, unlike many other common interview questions, your response to what are your salary expectations isn’t necessarily a difficult question but can eliminate you from the selection. If you price too high for the role, you might lose the job. Too low can be considered as a lack of experience or competence.
It is true that this question is more about finding a salary match. But at the same time, neither the candidate nor the company wants to waste time and efforts on interviews to find out that the salary is wildly off from what you want or the employer can offer.
Remember that while companies typically want to stay within their set budget. However, some organizations will adjust their budget if the candidate offers exceptional talent than what the company originally budgeted for.
How the interviewer interprets your answer to — What Are Your Salary Expectations
First, we need to differentiate between two questions; What are your salary expectations is a different question from What is your current salary?. Asking about your current salary might be illegal but it is a common question during job interviews.
What are your salary expectations- allows the hiring manager to evaluate whether your expectations are on par with what they are willing to offer or what the industry average is.
On the other side, while this isn’t a bad thing to ask for a higher salary than the rest of the candidates, there’s a possibility that the company is unable to accommodate your salary requests.
Also, requesting a salary that’s much lower than what other candidates could be an indication that you’re less qualified for the position or have less experience.
The best candidates are aware of their value and what they bring to the table. Asking for a salary in the appropriate range and that represents your skill and experience level shows hiring managers that you know your worth and aren’t afraid to ask for what you deserve.