Updated - Most Asked HR Interview Questions and Sample Answer 2019- Revision -What are Your Salary Expectations?
This question sounds simple and straightforward, but the
question relating to salary is one of the most complex interview
questions to answer. This question helps you to explain how you value
your own work because HR managers ask this question to identify if the
company can afford you. They would prefer a candidate with reasonable
and minimum salary expectations. Most HR managers use the salary
expectations question as a screening tactic. Being, transparent about
your current pay and what you hope to make sets you up to be screened
out of the interview process if your expected salary is too much.
On the other hand, a number “too low” undervalues your work
and potential, and keeps you dissatisfied at the later stage of your
employment. In these cases, bite the bullet early and tell the truth.
It's better to be straightforward while telling your expectation. The
upside is that being straightforward with recruiters will also keep you
on their radar when there is an opportunity that meets your salary
requirements.
If you don't want to tell your expectation or if you are
fresher, then One good tactic is to say that you want to learn more
about the job first, before you think about the salary that would go
with it.
One more interesting thing about this question is, it
usually indicates that there is some interest in having you come to work
for the company. This is the time to open your mouth, but before you
need to take a deep research on market value (Payscale.com
/Glassdoor.com/ Salary.com) to understand the market salary range for
the position or how much they are offering to other candidates.
Interviewers ask this question to ensure that they can afford you before handling a job agreement paper. So, before you reach the point of salary negotiations, sell them on you, and convince them of your worth to their organization.
Read Also: Interviewers ask this question to ensure that they can afford you before handling a job agreement paper. So, before you reach the point of salary negotiations, sell them on you, and convince them of your worth to their organization.
NEW TANZANIAN JOBS OPPORUNITIES 2019 (390+ POSTS)
While answering salary related question, you shouldn't delay in giving your answer. If you do so, then you’re letting the hiring manager know that they’re getting a tough negotiator if they hire you. Experts suggest that you give a salary range, rather than an actual number.
Note - General Tips:
- Put yourself in a salary range that is neither below nor above the range.
- Know the Salary Range as soon as you plan to take the interview for the particular position in a particular company.
- Take a deep research and know what the market rate will be for the job.
- Get to the point with a statement like this: “I’m currently making $450,000, and I’m looking to make 10% to 15% more.”
- Show that you are ambitious and want to grow and move up along with the company.
- Sell them on you, and convince them of your worth to their organization.
The Answer for Fresher: Since I am fresher, I am looking for a position and exposure that finds a good fit for my interests and skills. I would accept a competitive salary that best fits the industry standard.
The Answer for Fresher: Since I am fresher, I am looking for a position and exposure that finds a good fit for my interests and skills. I would accept a competitive salary that best fits the industry standard.
The Answer for Experienced: Based on my past experience and market research, I believe that a range of 55-65 k per month would be a suitable number for the job role.