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The Perfect Way to Respond When Asked, “What Are Your Salary Requirements?”

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The question “What are your salary requirements?” can strike fear into the eager hearts of job seekers. Here, a reader asks for advice on how to respond:

Our answer: Your salary requirements are quite simply, and honestly, negotiable. You don’t have a salary history to divulge, so you really are at a jumping-off point, and your salary will be based not only on what is a fair number but also on the other benefits offered.

[Related: Levo’s 2015 Entry-Level Salary Report]

If asked for your requirements in a cover letter, write, “My salary requirements are negotiable.” Something so simple can help you get your foot in the door for an interview; naming a number too high could make them apprehensive about bringing you in, and identifying a number too low could hurt your chances of securing the best possible salary. If you’ve done thorough salary research using the Internet, made phone calls, and had discussions with other first-year associates, you could name a salary range, but only do so if you’re very comfortable and confident that you’ve gathered accurate information.

[Related: Which City Has the Smallest Pay Gap?]

It’s also likely that you will be asked about salary during your interview. Prevent a deer-in-headlights reaction by having a prepared response. Choose from two options: Respond by saying something along the lines of, “My salary is negotiable considering other benefits and what your firm thinks is a reasonable start.” The other choice would be to mention a salary range that leaves plenty of room for negotiation.

This article was written by Whitney Bania and originally published on POPSUGAR.

Photo: Foundry/ Pixabay

Topics:

Negotiation #Ask4More #Salary Career Advice
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I agree. But I would also add a good response: "My salary requirements are negotiable and will depend on the minimum and midpoint ranges for this position. Can you tell me what the minimum salary is for the position?" If they have asked you about salary, they are opening the discussion. Any reputable company already has a minimum, midpoint, and maximum salary range in place for any given position. Saying something like this shows that you're willing to negotiate, but also puts the burden of "answering with a number" on them. Hopefully, they will take a hint and list the salary range. If they don't, I wouldn't be likely to consider an offer from them. I don't need to work at a place with an HR department that plays games.

Kamille Parker
Kamille Parker

Wow this came a week too late! Last Friday I was asked this and was like wow, our conversation hasn't even been 2 minutes long. Super unprepared and pulled something from my some what stunned mind. Great approach still, thank you!

He who mentions money first loses. Advice to remember during the interview.

But what if it's not your first job? What do you recommend then?

What if the role is something new for the company and they don't really have a specific range in mind?
Is it still acceptable for you to hold out on putting the first number out on the table?


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