How to Discuss Salary Expectations During a Job Interview
17 March 2016, par Équipe Thorens Chasseurs de têtes
Discussing salary expectations in interviews is always a tricky task and can leave you feel uncomfortable. The answer you give can have a significant impact on your future. Here are some tips to help you prepare for these questions:
Before the Interview: Preparation is key
Preparation is an essential step. Prior to going into the interview, you should know the salary that is acceptable to ask for the position you are applying to. We recommend that you do as much research as possible before meeting with the recruiter. Many websites can provide you with database on pay scales for several type of positions. You can check out some of the most reliable ones at the end of this article.
However, it is important to consider factors such as industry, location and number of years of experience as they affect the salary range.
You should also consider the type of company you are applying to. Is it a non-profit, small business, large corporations, etc? Don’t overlook the stated responsibilities during that process either.
Take the time to also consider what would be the minimum salary you would be willing to accept as well as the maximum salary you could get based on your experience and profile. This will help you determine the salary scale that fits your expectations.
During the interviews: Common Mistakes and How to Avoid Them
Mistake #1 : Starting with Salary Right Off the Bat.
The interview is the best place for you and the company to get to know each other. The recruiter will want to hear more about your work experiences, your skills and elements of your personality that distinguish you from other candidates.
For you, this is a opportunity to better understand the position’s specific details and to learn more about the company. Salary expectations are usually discussed at the end of the interview. In most cases, the recruiter will be the one bringing up the subject.
Mistake #2 : Inflate your Current Salary
A recruiter shouldn’t have any problem finding your current salary when doing background research. Being honest is always the best alternative as any false information could ruined your chances of getting the job.
Mistake #3 : Giving a Random Number
It is important to show the recruiter that you have made your research and came prepared for this question. Giving random numbers can decrease your chances of moving to the next step. You might make a lucky guess, but the risk of being completely off isn’t worth it.
Mistake #4 : Being Too Precise
When discussing your salary expectations, it is better to give a range rather than a specific number. Your range should go between the amount below which you would not accept a lower salary, and the amount you would like to eventually reach. For example, you could say between 45,000$ and 55,000$. This approach provides the employer with a leeway and leaves the discussion open.
Great Resources for Your Research:
- Guichet Emplois : allows you to explore the minimum, median and maximum wages according to your occupation and region.
- Wage guide by occupation in Québec – 2014 Edition
- Check out our Job Offers section and explore similar positions to the one you are applying for to compare salary ranges available in different regions.
Looking for a new challenge? Read our article on How to Get Noticed by a Heahunter.